$445,500
SOLD MAY 22, 2023

2601 S Broadmoor Dr Unit 47 Palm Springs, CA 92264

2 Beds
2 Baths
1,130 Sq Ft
$388/mo HOA Fee

Recently Sold

$394 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • In Ground Pool
  • Automatic Gate
  • Mountain View
  • Palm Springs High School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of September 2024

Totally cool Palm Springs vibe in this rare top floor end unit-turnkey furnished on fee land (you own) in a highly coveted gated community. Renovated and tastefully appointed, this 2 bedroom/2 bath home captures magical mountain views with an open airy feeling accentuated by 10' ceilings in most rooms. The great room features a fireplace with a separate balcony and beautiful views...while the adjoining dining area opens into a bright kitchen complete with breakfast bar, quartz countertops and stainless steel appliances. The large primary bedroom suite has its own private balcony plus a generous walk in closet and a soothing spa-like bath with dual custom cabinet vanity. The second bedroom provides options as a guest suite or office/media rm with an adjacent bath. Other wonderful amenities include a desirable quiet location in the complex, an inside laundry area, Hunter Douglas motorized window coverings, ceiling fans, dedicated parking, and beautiful furnishings accented by the finest designer details. Summerset Springs is a smaller well maintained community offering two pools and spas with a club house, low HOA fees ideally located to nearby stores/restaurants and minutes to the heart of downtown Palm Springs. A perfect retreat to call home.

Last Agent to Sell the Property

William Coveny

Berkshire Hathaway HomeServices California Properties License #01321038 Listed on: 04/15/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Mark Merkle

Bennion Deville Home Referrals License #02044124

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,776

Year Built

  • Built in 1985

HOA Fees

  • $388 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Automatic Gate
  • Guest Parking

Pool

  • In Ground Pool
  • Heated Spa

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 681-171-047

Community Details

Overview

  • 90 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,776

Year Built

Built in 1985

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Builders Tract Code: 6920
  • Complex Name: Summerset Springs
  • Entry Floor: 2
  • Living Area: 1130
  • Lot Acreage: 0.0300
  • Planned Urban Dev: 1
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1985
  • Builders Tract Name: Summerset Springs
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Ice Maker
  • Price Per S Q F T: 420.35

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport Detached, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Clubhouse, Assoc Pet Rules, Assoc Maintains Landscape, Gated Community, Spa, Pool, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 388.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 681-171-047
  • Lot Size Area: 1307

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Jul 19, 2022
Sold by
Barnes Sarah S
Bought by
Penaoli Gerard and Pschigoda Jason
Seller's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
Buyer's Agent
William Coveny
Berkshire Hathaway HomeServices California Properties
List Price
$399,000
Sold Price
$445,500
Premium/Discount to List
$46,500
11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%

Purchase Details

Listed on
Jan 21, 2019
Closed on
Jan 30, 2019
Sold by
Wathen Danel and Breiter Christopher
Bought by
Barnes Sarah S
Seller's Agent
Joseph Chung
Equity Union
Buyer's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.02%

Purchase Details

Listed on
Oct 9, 2017
Closed on
Oct 25, 2017
Sold by
Charney Timothy and Lamm Richard A
Bought by
Wathen Daniel and Breiter Christopher
Seller's Agent
Joe Woods
Equity Union
Buyer's Agent
Joseph Chung
Compass
List Price
$199,899
Sold Price
$194,000
Premium/Discount to List
-$5,899
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.29%
Original Mortgage
$142,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 4, 2014
Closed on
Feb 10, 2014
Sold by
Tiecke Trent A
Bought by
Charney Timothy and Lamm Richard A
Seller's Agent
Trent Tiecke
Wheeler Steffen Sotheby's Intl Realty
Buyer's Agent
Ronald Carlson
LPI Referrals
List Price
$163,000
Sold Price
$163,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$122,250
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Tiecke Trent A

Purchase Details

Closed on
Jul 30, 2010
Sold by
Picone Brooke
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 1, 2005
Sold by
Picone Brooke
Bought by
The Brook Picone Living Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 22, 2005
Sold by
Nesson Gail
Bought by
Picone Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 13, 2004
Sold by
Mullinax Mark M and Mullinax Paulette
Bought by
Nesson Gail

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
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1999
Sold by
Fazzone Dave and Fazzone Marcy A
Bought by
Mullinax Mark M and Mullinax Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1995
Sold by
Mlq Investors Lp
Bought by
Johnston Marcy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 $445,500 None Listed On Document
Grant Deed $259,000 Lawyers Title Company
Grant Deed $194,000 Orange Coast Title Company
Grant Deed $163,000 Orange Coast Title
Grant Deed $117,000 Stewart Title Of California
Trustee Deed $232,128 Landsafe Title
Interfamily Deed Transfer -- Accommodation
Grant Deed -- California Title Company
Grant Deed $225,000 First American Title Co
Grant Deed $72,500 Chicago Title Co
Grant Deed $60,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,500 Adjustable Rate Mortgage/ARM
Previous Owner $122,250 Adjustable Rate Mortgage/ARM
Previous Owner $26,500 Stand Alone Second
Previous Owner $212,000 Purchase Money Mortgage
Previous Owner $180,000 New Conventional
Previous Owner $58,000 Purchase Money Mortgage
Previous Owner $20,000 Stand Alone Second
Previous Owner $48,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $2,950 -25.3% $3 / Sq Ft
04/30/2025 04/30/25 For Rent $3,950 0.0% --
09/13/2024 09/13/24 Sold $458,153 -2.5% $405 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/25/2024 07/25/24 For Sale $469,900 +5.5% $416 / Sq Ft
05/22/2023 05/22/23 Sold $445,500 -6.2% $394 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $475,000 +6.6% $420 / Sq Ft
07/26/2022 07/26/22 Sold $445,500 +11.7% $394 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $399,000 +54.1% $353 / Sq Ft
02/13/2019 02/13/19 Sold $259,000 0.0% $229 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $259,000 +33.5% $229 / Sq Ft
12/15/2017 12/15/17 Sold $194,000 -3.0% $172 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $199,899 +22.6% $177 / Sq Ft
03/11/2014 03/11/14 Sold $163,000 0.0% $144 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $163,000 -- $144 / 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 $5,776 $801,769 $114,537 $687,232
2023 $5,776 $445,000 $25,000 $420,000
2022 $3,766 $272,254 $26,279 $245,975
2021 $3,693 $266,916 $25,764 $241,152
2020 $3,534 $264,180 $25,500 $238,680
2019 $2,715 $197,880 $49,470 $148,410
2018 $2,667 $194,000 $48,500 $145,500
2017 $2,406 $172,165 $42,248 $129,917
2016 $2,341 $168,790 $41,420 $127,370
2015 $2,239 $166,256 $40,799 $125,457
2014 $1,615 $122,276 $30,568 $91,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-260264

The MLS

APN: 681-171-047