NOT LISTED FOR SALE

2345 S Cherokee Way Unit 91 Palm Springs, CA 92264

Melody Ranch Neighborhood

Estimated Value: $335,000 - $434,000

2 Beds
2 Baths
960 Sq Ft
$713/mo HOA Fee

Last Sold April 14, 2021

Last sale price $219,000 $228 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,061/month

148 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Palm Springs High School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of April 2021

Designer Remodel! New remodel 2 bedroom 2 bath at the Oasis Resort. All new kitchen with stainless appliances. Contemporary cabinetry, countertop and stunning tile. Gorgeous floors and wall paper accent. High ceilings and open floor plan. Flooded with natural light. Bedroom setup ideal for privacy. Private patio with access from main room and master bedroom. BRAND NEW AC unit. Washer/Dryer in your private garage. Resort amenities include pools, tennis court, clubhouse and gym. No limited HOA restrictions for vacation rental which means great income potential to make your payments. You can also use the Seven Lakes Country Club. Great South Palm Springs location. Turnkey and ready! Lease land. Your Realtor must accompany you at the showing. Pre-approval letter (or POF) and PEAD entry form required to make appointment. Minimum 24 hour notice (48 preferred) required for showings.

Last Agent to Sell the Property

Doug Rago

eXp Realty of California Inc License #01711253 Listed on: 10/01/2020

eXp Realty of California Inc

Co-Listed By

Chuck Keller

eXp Realty of California Inc License #01271355

Last Buyer's Agent

John Houston

License #00990835

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 871

HOA Fees

  • $713 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Balcony
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 009-612-068

Community Details

Overview

  • 198 Units

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,270

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$713 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Builders Tract Code: 6580
  • Complex Name: Oasis Resort Condos
  • Entry Floor: 1
  • Living Area: 960
  • Lot Acreage: 0.0200
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1985
  • Builders Tract Name: Oasis Resort Condos
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan, Common Walls, Recessed Lighting, Built-Ins
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 228.13

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Gated

Association/Amenities

  • Amenities: Pool, Spa, Tennis Courts, Clubhouse, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 713.14
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 009-612-068
  • Lot Size Area: 871

Rental Info

  • Land Lease Amount Per Year: 2231.00
  • Land Lease Expiration Year: 2046
  • Land Lease Type: Lease
  • Land Lease Expiration Date: 2046-01-01

Multi Family

  • Number Of Units: 198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2018
Sold by
Gallacci James W and Gallacci Elizabeth
Bought by
The Bank Of New York Mellon and The Certificateholders Cwalt Inc Alterna
Current Estimated Value
$372,638
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Bank Of New York Mellon $206,723 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallaci James W $204,500
Previous Owner Gallacci James W $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $219,000 0.0% $228 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $219,000 0.0% $228 / Sq Ft
01/13/2021 01/13/21 Off Market $219,000 -- --
01/13/2021 01/13/21 For Sale $219,000 0.0% $228 / Sq Ft
12/14/2020 12/14/20 Off Market $219,000 -- --
10/01/2020 10/01/20 For Sale $219,000 -- $228 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,270 $245,741 $75,116 $170,625
2022 $3,270 $240,924 $73,644 $167,280
2021 $2,469 $172,104 $56,681 $115,423
2020 $2,367 $170,340 $56,100 $114,240
2019 $2,469 $178,200 $92,200 $86,000
2018 $1,992 $139,874 $34,234 $105,640
2017 $1,966 $137,132 $33,563 $103,569
2016 $1,914 $135,000 $33,000 $102,000
2015 $1,763 $127,000 $44,000 $83,000
2014 $1,635 $117,000 $37,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-640590

The MLS

APN: 009-612-068