NOT LISTED FOR SALE

2601 S Broadmoor Dr Unit 64 Palm Springs, CA 92264

Estimated Value: $357,000 - $389,117

2 Beds
2 Baths
1,178 Sq Ft
$350/mo HOA Fee

Last Sold November 25, 2020

Last sale price $259,000 $220 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,691/month

89 Days on Market

Highlights

  • Unit is on the top floor
  • Heated In Ground Pool
  • Gated Community
  • Palm Springs High School Rated A-
  • Gated Parking
  • Mountain View

About This Home

As of November 2020

Furnished, top floor, South Palm Springs condo in a great, low HOA-fee association. Quiet, two bedroom, two bath home has all new high-efficiency, dual-pane windows and sliders, gas fireplace, wet bar, stainless steel appliances, gas range with warming drawer, Corian counter tops, in-unit laundry, 10 foot volume ceilings, and plenty of light. Located away from the two major streets that border the majority of the development and this is desirable fee-simple ownership! Summerset Springs offers two beautiful year-round temperature controlled pools and spas, covered parking for your car, fully maintained grounds, and community barbecues, all in a gated community just 10 minutes away from downtown. A convenient gas station and Vons grocery store is on the next block. Even a Trader Joe's, Target and a car wash just minutes away. Fully tiled in neutral porcelain, newer vertical blinds on all windows, central air, and two very nice view patios for you to soak up some sun and fresh air.

Last Agent to Sell the Property

Gary Lee Smith

Bennion Deville Homes License #01451247 Listed on: 07/28/2020

Bennion Deville Homes

Co-Listed By

Smith Pope Associates

Bennion Deville Homes License #014451247

Last Buyer's Agent

Greg Tormo

BD Homes-The Paul Kaplan Group License #02068319

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,593

Year Built

  • Built in 1985

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Common Roof
  • Foam Roof
  • Plaster

Interior Spaces

  • 1,178 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • High Ceiling
  • Double Pane Windows
  • Vertical Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Porcelain Tile

Kitchen

  • Oven or Range
  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dressing Area
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 1 Detached Carport Space
  • Gated Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Living Room Balcony
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 681-171-064

Community Details

Overview

  • Association fees include trash, clubhouse
  • 90 Units
  • Powerstone Property Management Association
  • Built by Kaufman & Broad
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Meeting Room
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,593

Year Built

Built in 1985

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Top floor, South Palm Springs condo in a great, low HOA-fee association (monthly dues are $350). Furnished-per-inventory. Low-noise, two bedroom, two bath home has all new high efficiency, dual pane windows and sliders, gas fireplace, wet bar, all stainless steel appliances, gas range with warming drawer, Corian countertops, in-unit laundry, 10-foot volume ceilings, and plenty of light everywhere. This condo is located away from the two major streets that border the majority of the development and this is desirable fee-simple ownership! Summerset Springs offers two beautiful year-round temperature controlled pools and spas, covered parking for one car and another space uncovered, fully landscaped and maintained grounds, and two community barbecues all in a gated community just 10 minutes away from thriving downtown Palm Springs. There's a convenient gas station and Vons grocery store on the next block. Even a Trader Joe's, Target and a car wash within less than five minutes. You may never want to leave your cozy, convenient neighborhood again! Fully tiled in neutral porcelain, newer vertical blinds on all windows, central air, and best of all, two very nice view patios for you to soak up some sun and fresh air.
  • Builder Name: Kaufman & Broad
  • Builders Tract Code: 6920
  • Complex Name: Summerset Springs Homeowners Association
  • Entry Floor: 2
  • Entry Location: Top Level
  • Exclusions: Art work and personal items.
  • Living Area: 1178
  • Lot Acreage: 0.0300
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1985
  • Builders Tract Name: Summerset Springs
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Common Walls, Wet Bar, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Tile, Porcelain
  • Appliances: Built-In Gas, Warmer Oven Drawer, Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Corian Counters
  • Laundry: In Unit, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer, Dryer
  • Fireplace: Yes
  • Inclusions: Furnishings per inventory.
  • Price Per S Q F T: 224.87
  • Windows: Vertical Blinds, Double Pane Windows

Exterior Features

  • Balcony: Two
  • Direction Faces: West
  • Construction: Plaster
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Exposure: West
  • Patio: Balcony, Living Room Balcony
  • Pool Description: Association Pool, Heated And Filtered, Community
  • Pool: Yes
  • Roof: Common Roof, Foam
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Card/Code Access, Fire Sprinklers, Gated
  • Sewer: In Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Conference, Gated Community, Gated Parking, Pool, Spa
  • Pet Rules: Assoc Pet Rules, Call, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Clubhouse
  • HOA Fees: 350.00
  • Management Company: Powerstone Property Management
  • Mgmt Co Phone: 7604694797|
  • HOA: Yes
  • Unit Location: Building 5

Lot Info

  • Horses: No
  • Assessor Parcel Number: 681-171-064
  • 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

Closed on
Feb 11, 2021
Sold by
Nelson Kent David
Bought by
Nelson Kent David and Hunter Robert Mackey
Current Estimated Value
$375,529

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 23, 2020
Sold by
Hunter Rob
Bought by
Nelson Kent David
Seller's Agent
Gary Lee Smith
Bennion Deville Homes
Buyer's Agent
Greg Tormo
BD Homes-The Paul Kaplan Group
List Price
$264,900
Sold Price
$259,000
Premium/Discount to List
-$5,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$194,250
Outstanding Balance
$173,642
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,887

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 5, 2020
Sold by
Huvler Annette D
Bought by
Nelson Kent David
Seller's Agent
Gary Lee Smith
Bennion Deville Homes
Buyer's Agent
Greg Tormo
BD Homes-The Paul Kaplan Group
List Price
$264,900
Sold Price
$259,000
Premium/Discount to List
-$5,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Outstanding Balance
$173,642
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,887

Purchase Details

Closed on
Oct 26, 2004
Sold by
Reep Harlan E and Reep Mary C
Bought by
Huvler Annette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Pereira Valerium Marcus
Bought by
Reep Harlan E and Reep Mary C

Purchase Details

Closed on
Nov 3, 2003
Sold by
City National Bank
Bought by
Pereira Valerium Marcus

Purchase Details

Closed on
Jul 2, 1998
Sold by
Nhl Trust
Bought by
Mccarty Gregg and Reep Harlan E

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%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1997
Sold by
National Heritage Life Ins Co Liquidatio
Bought by
Nhl Trust

Purchase Details

Closed on
Jan 11, 1996
Sold by
Western Coastline Real Estate Developmen
Bought by
National Heritage Life Insurance Company
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nelson Kent David -- None Available
Nelson Kent David -- Orange Coast Title Company
Nelson Kent David $259,000 Orange Coast Title Company
Huvler Annette D $219,000 Chicago Title Co
Reep Harlan E -- First American Title Co
Pereira Valerium Marcus -- --
Mccarty Gregg $48,000 Stewart Title
Nhl Trust -- American Title Co
National Heritage Life Insurance Company $63,995 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Kent David $194,250
Previous Owner Huvler Annette D $146,925
Previous Owner Huvler Annette D $213,500
Previous Owner Huvler Annette D $175,200
Previous Owner Mccarty Gregg $40,000
Closed Huvler Annette D $32,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $259,000 -2.2% $220 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $264,900 -- $225 / 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 $3,593 $280,348 $27,060 $253,288
2023 $3,593 $269,463 $26,010 $243,453
2022 $3,662 $264,180 $25,500 $238,680
2021 $3,591 $259,000 $25,000 $234,000
2020 $2,580 $187,460 $46,062 $141,398
2019 $2,517 $182,000 $44,720 $137,280
2018 $2,431 $175,000 $43,000 $132,000
2017 $2,166 $153,000 $38,000 $115,000
2016 $2,145 $153,000 $38,000 $115,000
2015 $2,079 $153,000 $38,000 $115,000
2014 $2,077 $153,000 $38,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-615708

The MLS

APN: 681-171-064