NOT LISTED FOR SALE

Estimated Value: $492,000 - $531,000

2 Beds
2.5 Baths
1,306 Sq Ft
$350/mo HOA Fee

Last Sold May 24, 2023

Last sale price $485,000 $371 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,624/month

80 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Gated Community
  • Palm Springs High School Rated A-
  • Panoramic View
  • Two Primary Bathrooms

About This Home

As of May 2023

Welcome to your perfect desert oasis in sunny Palm Springs! This 2 bedroom, 2.5 bathroom Palermo condo is the ideal spot to kick back and enjoy all that this beautiful area has to offer. Built in 2007, this home boasts a modern open floorpan with 1300 square feet of living space and 30 foot high ceilings in main living area, along with upgraded polished concrete flooring on the main level and high-end tile in the master bathroom. From the balcony you can take in stunning views of windmills and breathtaking sunsets!The outdoor area has been professionally landscaped for your enjoyment and relaxation and an outdoor fireplace to cuddle up next to for those cooler winter nights. Plus, an attached garage and newer appliances including a washer/dryer have recently been installed for your convenience. Best of all - it's just two doors down from one of two heated pools! You'll also find plenty of amenities within walking distance like a fitness center, meeting facility, and picnic areas so you can entertain guests with ease.If you're looking for a move-in ready home that offers style, comfort & luxury - look no further than this incredible Palm Springs condo! Schedule your showing today!

Last Agent to Sell the Property

Daniel Stuart

Bennion Deville Homes License #02043742 Listed on: 01/09/2023

Last Buyer's Agent

Grady Mcguire

Platinum Star Properties License #01278018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,752

Year Built

  • Built in 2007

Lot Details

  • Home has North and South Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Back Yard

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Recessed Lighting
  • 2 Fireplaces
  • Two Way Fireplace
  • Fireplace Features Blower Fan
  • See Through Fireplace
  • Gas Fireplace
  • Vertical Blinds
  • Sliding Doors
  • Entryway
  • Combination Dining and Living Room
  • Breakfast Room
  • Loft
  • Storage

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Warming Drawer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Two Primary Bathrooms
  • Tile Bathroom Countertop
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Guest Parking

Accessible Home Design

  • Wheelchair Access

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace

Location

  • Ground Level
  • Property is near a clubhouse
  • Property is near a park

Schools

  • Katherine Finchy Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Sewer in Street
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 669721040

Community Details

Overview

  • Association fees include building & grounds
  • 200 Units
  • Palermo Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Banquet Facilities
  • Meeting Room
  • Recreation Room
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,752

Year Built

Built in 2007

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Two, Ground
  • Builders Tract Code: 33561
  • Building Number Of Stories: 1
  • Building Style: Modern
  • Disability Access: Wheelchair Access
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps, Main Level
  • List Price per Sq Ft: 379.02
  • Lp Sp Ratio: 0.9800
  • Unit Total In Complex: 200
  • View Type: Mountain(s), Panoramic
  • Year Built: 2007
  • Listing I D: 219089341
  • Listing Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Member Address: 4741 E Palm Springs STE B, Palm Springs, CA 92262
  • Selling Office Address: 4741 E Palm Springs STE B, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: Palermo
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Gas Oven, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior
  • Interior Amenities: Built-In Features, Vaulted Ceiling(s), Storage, Recessed Lighting, Phone System, Open Floorplan, High Ceilings (9 Ft+), Bar
  • Warming Oven Drawer: Yes
  • Fireplace Features: Blower Fan, Gas, Two Way, See Through
  • Flooring: Carpet, Tile, Concrete
  • Bedroom Features: 2 Master Bedrooms, Master Suite
  • Total Bedrooms: 2
  • Bathroom Features: 2 Master Baths, Tile Shower, Tile Counters
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 1306.00
  • Windows Treatments: Vertical Blinds, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Slab
  • Roofing: Flat
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Balcony, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Cooling Type: Air Conditioning, Gas, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm, Gated Community
  • Sewer: In Street Paid
  • Water: In Street
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Breed Restrictions
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Barbecue, Recreation Room, Picnic Area, Management, Meeting Room, Maintenance Grounds, Hot Water, Guest Parking, Controlled Access, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 350.00
  • Total Monthly Association Fees: 350.00
  • Unit Location: Inside Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 669721040
  • Irrigation: Drip System, Sprinkler System
  • Lot Description: Back Yard, Yard, Utilities Underground, Private, Street Paved, Single Lot, Landscaped, Curbs
  • Lot Location: Close to Clubhouse, Park Nearby
  • Lot Size: 1199.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary School: Katherine Finchy
  • Other Schools: Desert Chapel
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Apr 6, 2023
Sold by
Katzman/Genovese Living Trust
Bought by
Pozda Frank
Seller's Agent
Daniel Stuart
Bennion Deville Homes
Buyer's Agent
Grady Mcguire
Platinum Star Properties
List Price
$510,000
Sold Price
$485,000
Premium/Discount to List
-$25,000
-4.9%
Current Estimated Value
$513,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,199
Avg. Annual Appreciation
2.47%
Original Mortgage
$97,000
Outstanding Balance
$94,454
Interest Rate
6.27%
Estimated Equity
$418,745

Purchase Details

Closed on
Dec 28, 2018
Sold by
Katzman Dennis E and Genovese Dennis
Bought by
Katzman David and Genovese Dennis Michael

Purchase Details

Closed on
Jun 4, 2007
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Katzman David E and Genovese Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,596
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pozda Frank $485,000 Ticor Title
Katzman David -- None Available
Katzman Dennis E -- None Available
Katzman David E $424,500 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pozda Frank $97,000
Previous Owner Pozda Frank $388,000
Previous Owner Katzman David E $246,400
Previous Owner Katzman David E $339,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $485,000 -2.0% $371 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $495,000 -2.9% $379 / Sq Ft
01/09/2023 01/09/23 For Sale $510,000 0.0% $391 / Sq Ft
06/04/2018 06/04/18 Rented $1,785 0.0% --
05/31/2018 05/31/18 Under Contract -- -- --
05/22/2018 05/22/18 For Rent $1,785 +5.0% --
10/17/2017 10/17/17 Rented $1,700 -3.1% --
10/13/2017 10/13/17 Under Contract -- -- --
08/10/2017 08/10/17 For Rent $1,755 +3.2% --
08/23/2016 08/23/16 Rented $1,700 0.0% --
07/06/2016 07/06/16 For Rent $1,700 +11.1% --
07/15/2015 07/15/15 Rented $1,530 0.0% --
07/15/2015 07/15/15 Under Contract -- -- --
06/14/2015 06/14/15 For Rent $1,530 +3.0% --
07/01/2014 07/01/14 Rented $1,485 0.0% --
05/16/2014 05/16/14 Under Contract -- -- --
05/01/2014 05/01/14 For Rent $1,485 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $6,752 $504,592 $126,149 $378,443
2023 $6,752 $478,280 $119,570 $358,710
2022 $6,316 $434,800 $108,700 $326,100
2021 $5,219 $353,496 $88,374 $265,122
2020 $4,640 $321,360 $80,340 $241,020
2019 $4,522 $312,000 $78,000 $234,000
2018 $4,364 $300,000 $75,000 $225,000
2017 $4,142 $282,000 $70,000 $212,000
2016 $3,748 $254,000 $63,000 $191,000
2015 $3,659 $255,000 $64,000 $191,000
2014 $3,609 $250,000 $62,000 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219089341

Greater Palm Springs Multiple Listing Service

APN: 669-721-040