NOT LISTED FOR SALE

251 E La Verne Way Unit L Palm Springs, CA 92264

Canyon Corridor Neighborhood

Estimated Value: $327,000 - $448,000

2 Beds
2 Baths
1,345 Sq Ft
1,742 Sq Ft Lot

Last Sold August 24, 2018

Last sale price $260,000 $193 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,369/month

11 Days on Market

About This Home

As of August 2018

Looking for a Palm Springs rental income property or a pied a terre for yourself? Well this is it! Floating above the city on the top floor of the desirable Casa Canyon complex, this beautifully redesigned 2 bedroom and 2 bathroom condo is move-in ready and boasts amazing western and southern mountain views. Located just steps from the convenient elevator, the modern decor with on-trend colors are abundant with beautiful tile work, custom inlaid wood paneling, stainless appliances, and 3 lockable owner's storage spaces for your convenience. Recently renovated and clean as a whistle, the unit has great vacation rental income history and there is already $15,000 on the rental books for this fall/winter. All furnishings and kitchen items are available to purchase outside of escrow.

Last Agent to Sell the Property

John White

Equity Union License #01973171 Listed on: 07/13/2018

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,624

Year Built

1976

Lot Details

0

Listing Details

  • Entry Location: Elevator, Top Level
  • Unit Location: Top Floor
  • Active Date: 2018-07-13
  • Full Bathroom: 2
  • Building Size: 1345.0
  • Building Structure Style: High or Mid-Rise Condo
  • Driving Directions: From S. Palm Canyon Drive, head east on LaVerne Way. Look for Casa Canyon condo complex on the right hand side of the road. Pull in and park in one of the guest parking spaces near LaVerne. Building is at the back of parking lot. Look for the 251 building
  • Full Street Address: 251 E LA VERNE WAY
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2018-08-24
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa
  • Mello Roos: Unknown
  • Unit Floor In Building: 3
  • Total Number of Units: 50
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1976

Interior Features

  • Bedroom Features: Master Bedroom, WalkInCloset
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Built-Ins, Range Hood, Microwave, Range
  • Advertising Remarks: Looking for a Palm Springs rental income property or a pied a terre for yourself? Well this is it! Floating above the city on the top floor of the desirable Casa Canyon complex, this beautifully redesigned 2 bedroom and 2 bathroom condo is move-in ready a
  • Total Bedrooms: 2
  • Builders Tract Code: 6250
  • Builders Tract Name: CASA CANYON
  • Fireplace: No
  • Levels: Three Or More Levels, Top Level
  • Spa: Yes
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1742
  • Common Walls: Attached
  • Direction Faces: Faces North
  • Construction: Stucco
  • Other Features: Balcony

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Carport, Parking for Guests - Onsite

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Recreational Multipurpose Room
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Clubhouse, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • High Rise: Passenger Elevator, Club Room
  • Association Name: CASA CANYON
  • HOA Fees: 470.0

Multi Family

  • Total Floors: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jul 26, 2018
Sold by
Meckley David and Zanet Claudio
Bought by
Wang Christopher F
Seller's Agent
John White
Equity Union
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$389,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,509
Avg. Annual Appreciation
5.82%
Original Mortgage
$208,000
Outstanding Balance
$180,640
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$208,869

Purchase Details

Listed on
Apr 30, 2016
Closed on
May 11, 2016
Sold by
Johnson Craig
Bought by
Meckley David and Zanet Claudio
Seller's Agent
Brittany Schoor
Socalhomeshop Inc.
Buyer's Agent
John Cyr
Pinnacle Realty Advisors
List Price
$225,900
Sold Price
$222,500
Premium/Discount to List
-$3,400
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jan 29, 2016
Sold by
Stark Barbara J
Bought by
Johnson Craig
Seller's Agent
David Torres
Bennion Deville Homes
Buyer's Agent
Brittany Schoor
Socalhomeshop Inc.
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
394.08%
Original Mortgage
$140,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Linda Kee
Bought by
Stark Barbara J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wang Christopher F $260,000 Orange Coast Title Co
Meckley David $222,500 Wfg Title Company
Johnson Craig $140,000 Wfg Title Company
Stark Barbara J $76,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Christopher F $208,000
Previous Owner Johnson Craig $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2018 08/24/18 Sold $260,000 0.0% $193 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $260,000 +16.9% $193 / Sq Ft
05/31/2016 05/31/16 Sold $222,500 -1.5% $165 / Sq Ft View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $225,900 +61.4% $168 / Sq Ft
02/16/2016 02/16/16 Sold $140,000 -6.7% $104 / Sq Ft View Prior Sale
01/22/2016 01/22/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $150,000 -- $112 / 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 $3,624 $290,030 $83,661 $206,369
2023 $3,624 $278,769 $80,413 $198,356
2022 $3,691 $273,304 $78,837 $194,467
2021 $3,618 $267,946 $77,292 $190,654
2020 $3,461 $265,200 $76,500 $188,700
2019 $3,489 $260,000 $75,000 $185,000
2018 $3,136 $231,488 $58,262 $173,226
2017 $3,093 $226,950 $57,120 $169,830
2016 $1,387 $98,650 $24,656 $73,994
2015 $1,319 $97,171 $24,287 $72,884
2014 $1,285 $95,269 $23,812 $71,457
Source: Public Records

Agents Affiliated with this Home

  • John White

    Seller's Agent in 2018

    John White

    Equity Union

    (760) 898-9692

    9 in this area

    90 Total Sales

    John White
    Section Image

  • N

    Buyer's Agent in 2018

    NonMember AgentDefault

    NonMember OfficeDefault

  • Brittany Schoor

    Seller's Agent in 2016

    Brittany Schoor

    Socalhomeshop Inc.

    (760) 449-7000

    51 Total Sales

    Brittany Schoor
    Section Image

  • D

    Seller's Agent in 2016

    David Torres

    Bennion Deville Homes

  • John Cyr

    Buyer's Agent in 2016

    John Cyr

    Pinnacle Realty Advisors

    (760) 880-1666

    19 Total Sales

    John Cyr
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-362270PS

APN: 511-520-043

California Riverside County Palm Springs 92264 Canyon Corridor

251 E La Verne Way Unit L, Palm Springs, CA

This home is located at 251 E La Verne Way Unit L, Palm Springs, CA 92264 since 13 July 2018 and is currently estimated at $389,509, approximately $289 per square foot. This property was built in 1976. 251 E La Verne Way Unit L is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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