$625,000
SOLD MAR 19, 2021

2347 S Madrona Dr Palm Springs, CA 92264

3 Beds
2.5 Baths
2,552 Sq Ft
$630/mo HOA Fee

Recently Sold

$245 Per Sq Ft

25% Above List Price

204 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of March 2025

Bankruptcy court approval required. Any offer is subject to a potential overbid by the court. Excellent opportunity to buy into Canyon Estates at a low price. This unit has had construction work started which was abandoned It has stayed vacant for many years. The home needs a total renovation. There is no kitchen as all appliances, cabinets, and counters were removed. All bathrooms are original to construction. Property is being sold as-is. This will be on fee land if all liens can be negotiated. Due to the state of the property, it is unlikely that a loan will be available. Assume all cash offers only.

Last Agent to Sell the Property

Ronald Parks

Ronald Parks, Broker License #01351164 Listed on: 08/03/2020

Last Buyer's Agent

ronald parks

Ronald Parks, Broker License #01351164

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 1972

HOA Fees

  • $630 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Golf Course
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Major Repairs Completed
  • Slab Foundation

Interior Spaces

  • 2,552 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Tile Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating System
  • Property is located within a water district

Additional Features

  • Lanai
  • On Golf Course
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 511-420-003

Community Details

Overview

  • 208 Units
  • Canyon Estates Association

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,325

Year Built

Built in 1972

Lot Details

0

HOA Fees

$630 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 6090
  • Complex Name: Canyon Estates
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 2552
  • Lot Acreage: 0.1100
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Repairs Major
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Builders Tract Name: Canyon Estates
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 1
  • Price Per S Q F T: 195.53
  • Windows: Skylights

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab
  • Patio: Covered
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Mountains, Golf Course
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Driveway
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 1
  • Heating: Forced Air
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Golf Course within Development
  • Amenities: Assoc Maintains Landscape, Clubhouse, Fitness Center
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • Assessments: see remarks
  • HOA Fee Frequency: Monthly
  • HOA Fees: 630.00
  • Management Company: Canyon Estates
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 511-420-003
  • Lot Location: On Golf Course
  • Lot Size Area: 4792

Multi Family

  • Number Of Units: 208

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 26, 2025
Sold by
Howell Mark Eric
Bought by
Probst Brit K and Hanselman Linda
Seller's Agent
Randy Isaacs
Douglas Elliman of California, Inc.
Buyer's Agent
Haley Clawson
eXp Realty Of Southern California Inc
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Views
48
Current Estimated Value
$1,573,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,641
Avg. Annual Appreciation
-6.25%

Purchase Details

Listed on
Aug 3, 2020
Closed on
Mar 9, 2021
Sold by
Dye Carolyn A and Estate Of Cathy L Montenegro
Bought by
Howell Mark Eric
Seller's Agent
Ronald Parks
Ronald Parks, Broker
Buyer's Agent
ronald parks
Ronald Parks, Broker
List Price
$499,000
Sold Price
$625,000
Premium/Discount to List
$126,000
25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.29%
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 Type Sale Price Title Company
Grant Deed $1,625,000 None Listed On Document
Quit Claim Deed $625,000 Stewart Title Of Ca Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $1,625,000 -1.5% $637 / Sq Ft
01/09/2025 01/09/25 For Sale $1,650,000 +164.0% $647 / Sq Ft
03/19/2021 03/19/21 Sold $625,000 +25.3% $245 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $499,000 0.0% $196 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $499,000 -- $196 / 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
2025 $8,325 $676,518 $97,418 $579,100
2023 $8,325 $650,250 $93,636 $556,614
2022 $8,492 $637,500 $91,800 $545,700
2021 $1,851 $130,365 $60,992 $69,373
2020 $1,776 $129,029 $60,367 $68,662
2019 $1,747 $126,500 $59,184 $67,316
2018 $1,717 $124,021 $58,024 $65,997
2017 $1,692 $121,590 $56,887 $64,703
2016 $1,646 $119,207 $55,772 $63,435
2015 $1,568 $179,901 $54,935 $124,966
2014 $2,282 $176,379 $53,860 $122,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-602692

The MLS

APN: 511-420-003