NOT LISTED FOR SALE

243 E Twin Palms Dr Palm Springs, CA 92264

Estimated Value: $499,558 - $574,000

2 Beds
2 Baths
1,289 Sq Ft
1,742 Sq Ft Lot

Last Sold August 16, 2017

Last sale price $354,000 $275 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,129/month

45 Days on Market

About This Home

As of August 2017

Experience owning a Mid-century home at the Royal Hawaiian Estates by Architects Donald Wexler and George Harrison 1961-62 located in the first Residential Historic District in Palm Springs, CA. This property is Mills Act eligible. Sold mostly TURNKEY FURNISHED, this is a spacious, 2 bedroom, 2 bath condo in desirable south Palm Springs. Walls of glass in Dining and Living Room as well as Master Bedroom all overlooking the large patio and pool with sun-filled views of the nearby San Jacinto Mountains are priceless. Original cabinets throughout and gold-speckled counters in kitchen with original Westinghouse appliances.The large patio and open floor plan allows for indoor/outdoor living year around Palm Springs is famous for. The heated pool and spa is complimented by the lush Polynesian landscaping. This smaller, intimate complex of spacious single story condos, creates the charm and relaxing lifestyle of Desert Living. This is your chance to enjoy Mid-century living Palm Springs style

Last Agent to Sell the Property

John White

Equity Union License #01973171 Listed on: 05/16/2017

Last Buyer's Agent

Darren Hubert

Real Broker License #01330183

Real Broker

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,224

Year Built

1961

Lot Details

0

Listing Details

  • Active Date: 2017-05-16
  • Auto Sell: No
  • Full Bathroom: 2
  • Building Size: 1289.0
  • Building Structure Style: Architectural
  • Credit Report Required: No
  • Current Geological: No
  • Driving Directions: From the corner of S. Palm Canyon and Twin Palms, head east on Twin Palms. Look for the parking lot that is designated for unit 243. This is the easternmost parking lot for Royal Hawaiian.
  • Elevators: No
  • Full Street Address: 243 E TWIN PALMS DR
  • Land Included: No
  • Land Lease Purchase: No
  • Manager Approval: No
  • Mobile Home To Remain: No
  • Month To Month: No
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2017-08-16
  • Public Street: No
  • Spa Construction: In Ground
  • Spa Descriptions: Association Spa, Community
  • Staked: No
  • Street Lights: No
  • Unit Floor In Building: 1
  • Total Number of Units: 40
  • View Type: Mountain View, Pool View
  • Water Filled Furn Ins Required: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Built-Ins, Range Hood, Microwave, Range
  • ADA Accessible: No
  • Additions Alterations: No
  • Advertising Remarks: Experience owning a Mid-century home at the Royal Hawaiian Estates by Architects Donald Wexler and George Harrison 1961-62 located in the first Residential Historic District in Palm Springs, CA. This property is Mills Act eligible. Sold mostly TURNKEY FUR
  • Alley: No
  • Total Bedrooms: 2
  • Builders Tract Code: 6790
  • Builders Tract Name: ROYAL HAWAIIAN
  • Building Permit: No
  • Fireplace: No
  • Levels: One Level
  • Paved: No
  • Spa: Yes
  • Water Heaters: No
  • Interior Amenities: Furnished, Laundry - Closet Stacked
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1742
  • Common Walls: Attached
  • Patio: Covered Porch

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Features: Covered Parking
  • Parking Type: Assigned, Carport, Carport Detached

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Central Furnace
  • Water Well: No

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Cable TV, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Royal Hawaiian
  • HOA Fees: 474.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 25, 2017
Sold by
Gaglione Steven J
Bought by
Farmer Kerry W
Seller's Agent
John White
Equity Union
Buyer's Agent
Darren Hubert
Real Broker
List Price
$359,000
Sold Price
$354,000
Premium/Discount to List
-$5,000
-1.39%
Current Estimated Value
$540,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,390
Avg. Annual Appreciation
5.60%
Original Mortgage
$250,000
Outstanding Balance
$209,600
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$338,750

Purchase Details

Closed on
Jun 28, 2005
Sold by
Royal Hawaiian Estates Homeowners Assn
Bought by
Gaglione Steven J

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
Farmer Kerry W $354,000 Orange Coast Title
Gaglione Steven J -- --
Royal Hawaiian Estates Homeowners Assn -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmer Kerry W $250,000
Previous Owner Gaglione Steven J $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $354,000 -1.4% $275 / Sq Ft
05/16/2017 05/16/17 For Sale $359,000 -- $279 / 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 $2,224 $173,214 $50,000 $123,214
2023 $2,224 $151,406 $40,000 $111,406
2022 $2,447 $169,336 $40,000 $129,336
2021 $5,059 $372,115 $93,028 $279,087
2020 $4,837 $368,301 $92,075 $276,226
2019 $4,756 $361,080 $90,270 $270,810
2018 $4,669 $354,000 $88,500 $265,500
2017 $2,788 $202,121 $50,220 $151,901
2016 $2,711 $198,159 $49,236 $148,923
2015 $2,594 $195,185 $48,498 $146,687
2014 $2,551 $191,363 $47,549 $143,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-233460PS

The MLS

APN: 511-070-017