NOT LISTED FOR SALE

235 E Twin Palms Dr Palm Springs, CA 92264

Estimated Value: $496,927 - $574,000

2 Beds
2 Baths
1,289 Sq Ft
$474/mo HOA Fee

Last Sold April 06, 2017

Last sale price $372,000 $289 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,672/month

16 Days on Market

Highlights

  • Spa
  • Midcentury Modern Architecture
  • 1 Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Detached Garage

About This Home

As of April 2017

Own a piece of PALM SPRINGS MID-CENTURY MODERN HISTORY! Located on the outer rim of the Royal Hawaiian Historic District, this condominium is one of only four with a walled/private, extra-large patio with mountain views. While many of the original vintage features have been meticulously retained, the home offers modern amenity combined with bright, contemporary aesthetics throughout. Upon entering the home, the open floor plan immediately flows into a spacious living/dining area and then out onto the private patio with fire pit and subtle desert plantings. Built in 1961 by famed mid-century architect Don Wexler, the entire complex is abundant with architectural gems such as: "flying sevens" (exterior support arches), "Tiki Apexes " and more. The Royal Hawaiian is a short walk to cafes/bars/dining such as: El Mirasol, Mr. Lyon's Steak House, Apetito, Koffi, the V Hotel as well as the Ace Hotel and Swim Club. This class-1 historic designated property qualifies for the Mills Act tax.

Last Agent to Sell the Property

Douglas McCourt

Bennion Deville Homes License #01987832 Listed on: 02/22/2017

Last Buyer's Agent

Nancy Kilar

Keller Williams Luxury Homes License #01978129

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1961

Lot Details

  • 2,178

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,289 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Mountain Views

Kitchen

  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Painted or Stained Flooring
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Detached Carport Space

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Drip System Landscaping
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 511070015

Community Details

Overview

  • Association fees include cable TV
  • 40 Units
  • Royal Hawaiian Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,224

Year Built

Built in 1961

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Building Style: Mid Century
  • Entry Floor: 1
  • List Price per Sq Ft: 293.25
  • Lp Sp Ratio: 0.9841
  • Unit Total In Complex: 40
  • View Type: Mountain(s)
  • Water District Name: Desert Water District
  • Year Built: 1961
  • Listing I D: 17205500
  • Listing Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Royal Hawaiian
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Dishwasher
  • Flooring: Stained Concrete, Terrazzo
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Formica Counters, Island
  • Estimated Sq Ft: 1289.00

Exterior Features

  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Description: Community
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • View: Yes

Garage/Parking

  • Garage Description: Detached
  • Parking: Detached Carport
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Fuel: Electric
  • Sewer: In Street on Bond
  • Water: In Street

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA Information: Yes
  • HOA Fee 1: 474.00
  • Total Monthly Association Fees: 474.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 511070015
  • Irrigation: Drip System
  • Lot Acres: 0.0500
  • Lot Size: 2178.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 13, 2017
Sold by
Davis James F and Davis Laura M
Bought by
Ross Brett Michael
Seller's Agent
Douglas McCourt
Bennion Deville Homes
Buyer's Agent
Nancy Kilar
Keller Williams Luxury Homes
List Price
$378,000
Sold Price
$372,000
Premium/Discount to List
-$6,000
-1.59%
Current Estimated Value
$552,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,982
Avg. Annual Appreciation
4.84%
Original Mortgage
$300,000
Outstanding Balance
$249,487
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$303,495

Purchase Details

Listed on
Apr 7, 2016
Closed on
Apr 12, 2016
Sold by
Schaffer Robert P
Bought by
Davis Family Trust
Seller's Agent
Gary Johns
BD Homes-The Paul Kaplan Group
Buyer's Agent
Brandi Pratt
eXp Realty of California, Inc.
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Listed on
Feb 26, 2013
Closed on
Mar 11, 2013
Sold by
Tancredi Thomas
Bought by
Schaffer Robert P and Pass Alan
Seller's Agent
Michael Adams
Buyer's Agent
Michael Adams
List Price
$239,000
Sold Price
$223,000
Premium/Discount to List
-$16,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%
Original Mortgage
$178,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Royal Hawaiian Estates Homeowners Assn
Bought by
Tancredi Anna Rose

Purchase Details

Closed on
Jun 28, 2001
Sold by
Forty Shares Inc
Bought by
Royal Hawaiian Estates Homeowners Assn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ross Brett Michael $372,000 Orange Coast Title
Davis Family Trust $339,000 Chicago Title Inland Empire
Schaffer Robert P $223,000 Equity Title Orange Inland E
Tancredi Anna Rose -- --
Royal Hawaiian Estates Homeowners Assn -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Brett Michael $132,000
Open Ross Barry Alan $300,000
Previous Owner Schaffer Robert P $178,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $372,000 -1.6% $289 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $378,000 +11.5% $293 / Sq Ft
04/21/2016 04/21/16 Sold $339,000 0.0% $263 / Sq Ft
04/07/2016 04/07/16 For Sale $339,000 +52.0% $263 / Sq Ft
04/26/2013 04/26/13 Sold $223,000 -6.7% $173 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $239,000 -- $185 / Sq Ft
Source: California Desert Association of REALTORS®

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 $2,224 $173,214 $50,000 $123,214
2023 $2,224 $151,406 $40,000 $111,406
2022 $2,397 $165,501 $40,000 $125,501
2021 $2,116 $143,936 $40,000 $103,936
2020 $1,869 $129,508 $40,000 $89,508
2019 $1,810 $124,520 $40,000 $84,520
2018 $1,729 $118,000 $30,000 $88,000
2017 $1,697 $115,000 $30,000 $85,000
2016 $3,130 $231,969 $58,251 $173,718
2015 $2,997 $228,486 $57,377 $171,109
2014 $2,951 $224,012 $56,254 $167,758
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Douglas McCourt

    Bennion Deville Homes

  • N

    Buyer's Agent in 2017

    Nancy Kilar

    Keller Williams Luxury Homes

  • G

    Seller's Agent in 2016

    Gary Johns

    BD Homes-The Paul Kaplan Group

    (760) 327-7290

    98 Total Sales

    Gary Johns
    Section Image

  • B

    Buyer's Agent in 2016

    Brandi Pratt

    eXp Realty of California, Inc.

    Section Image

  • M

    Seller's Agent in 2013

    Michael Adams

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Map

Source: California Desert Association of REALTORS®

MLS Number: 17205500

California Desert Association of REALTORS®

APN: 511-070-015

California Riverside County Palm Springs 92264

235 E Twin Palms Dr, Palm Springs, CA

This home is located at 235 E Twin Palms Dr, Palm Springs, CA 92264 since 22 February 2017 and is currently estimated at $552,982, approximately $429 per square foot. This property was built in 1961. 235 E Twin Palms Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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