$255,000
SOLD OCT 10, 2018

2501 N Indian Canyon Dr Unit 611 Palm Springs, CA 92262

Racquet Club West Neighborhood
1 Bed
2 Baths
1,083 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

4% Below List Price

118 Days on Market

About This Home

As of October 2018

This Single Level unit (no one above you) is a large one bedroom, plus 2 bath and a bonus room/office located in highly regarded gated Racquet Club Colony, which is adjacent to the famous Palm Springs Racquet Club complex. Enjoy fabulous west facing mountain views from the living room and from 1 of the 2 large private patios. Both bathrooms have newer sinks and vanities, the master with double sink. Unit offers track lighting, a good size entry hall outside the master bedroom, 12 foot ceiling in the living room, roller shades for sun control and 2 furnaces and A.C. units. Pool, spa and waterfall are just a few footsteps from your front door and complex has plenty of walking trails for you and the family dog. This is a wonderful condo to enjoy year round or in season. Only a few miles from downtown, you will love the Palm Springs lifestyle offered by living in this complex.

Last Agent to Sell the Property

Byron Lohman

Platinum Star Properties License #01272085 Listed on: 05/04/2018

Last Buyer's Agent

Byron Lohman

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,396

Year Built

1983

Lot Details

0

Listing Details

  • Entry Location: Ground Level w/steps
  • Active Date: 2018-06-26
  • Full Bathroom: 2
  • Building Size: 1083.0
  • Building Structure Style: Bungalow
  • Driving Directions: From Downtown, head North on Indian Canyon. First driveway past Racquet Club Drive, take Left and an immediate left again to gates of The Colony.
  • Full Street Address: 2501 N INDIAN CANYON DR
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2018-10-10
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 1
  • Total Number of Units: 20
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1983

Interior Features

  • Appliances: Built-Ins, Microwave, Free Standing Gas
  • Advertising Remarks: This Single Level unit (no one above you) is a large one bedroom, plus 2 bath and a bonus room/office located in highly regarded gated Racquet Club Colony, which is adjacent to the famous Palm Springs Racquet Club complex. Enjoy fabulous west facing moun
  • Total Bedrooms: 1
  • Builders Tract Code: 5130
  • Builders Tract Name: RACQUET CLUB COLONY
  • Fireplace: No
  • Levels: Ground Level
  • Spa: Yes
  • Appliances: Refrigerator, Washer
  • Floor Material: Ceramic Tile
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Type: Carport

Utilities

  • Cooling Type: Air Conditioning, Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector

Condo/Co-op/Association

  • Amenities: Controlled Access
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • High Rise: Sun Deck
  • Association Name: RACQUET CLUB COLONY
  • HOA Fees: 460.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Williams Alison Dee
Bought by
Neill Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$212,174
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$252,299

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 31, 2018
Sold by
Veliquette Maurice W
Bought by
Williams Alison Dee
Seller's Agent
Byron Lohman
Platinum Star Properties
Buyer's Agent
Byron Lohman
Platinum Star Properties
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$229,500
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 24, 2016
Closed on
Feb 1, 2017
Sold by
Veliquette Maurice W and Martin Donald George
Bought by
Veliquette Maunce W
Seller's Agent
Norman Anderson
Bennion Deville Homes
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$180,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2016
Closed on
Dec 22, 2016
Sold by
Carruthers Jena C
Bought by
Veliquette Maurice W and Martin Donald G
Seller's Agent
Norman Anderson
Bennion Deville Homes
List Price
$269,900
Sold Price
$240,000
Premium/Discount to List
-$29,900
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2000
Sold by
Cochran William H
Bought by
Carruthers Jena C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,050
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1998
Sold by
Forney Keith A and Marie Forney W
Bought by
Cochran William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $327,500 Lawyers Title
Grant Deed $255,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $240,000 Orange Coast Title Company
Grant Deed $67,000 Chicago Title Co
Grant Deed $54,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Previous Owner $233,000 New Conventional
Previous Owner $229,500 Adjustable Rate Mortgage/ARM
Previous Owner $180,000 New Conventional
Previous Owner $127,200 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $96,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $60,050 Purchase Money Mortgage
Previous Owner $40,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $445,000 +74.5% $411 / Sq Ft
10/10/2018 10/10/18 Sold $255,000 -3.8% $235 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $265,000 +10.4% $245 / Sq Ft
01/13/2017 01/13/17 Sold $240,000 -4.0% $222 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/13/2016 11/13/16 Price Changed $249,900 -2.0% $231 / Sq Ft
10/12/2016 10/12/16 Price Changed $254,900 -1.9% $235 / Sq Ft
09/16/2016 09/16/16 Price Changed $259,900 -3.7% $240 / Sq Ft
08/24/2016 08/24/16 For Sale $269,900 -- $249 / Sq Ft
Source: Palm Springs Regional 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 $4,396 $599,580 $95,508 $504,072
2023 $4,396 $334,050 $91,800 $242,250
2022 $4,482 $327,500 $90,000 $237,500
2021 $3,552 $262,794 $77,292 $185,502
2020 $3,399 $260,100 $76,500 $183,600
2019 $3,429 $255,000 $75,000 $180,000
2018 $3,303 $244,800 $73,440 $171,360
2017 $1,273 $88,440 $22,104 $66,336
2016 $1,240 $86,707 $21,671 $65,036
2015 $1,178 $85,407 $21,347 $64,060
2014 $1,145 $83,736 $20,930 $62,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-340576PS

APN: 504-361-018