NOT LISTED FOR SALE

2696 S Sierra Madre Unit A19 Palm Springs, CA 92264

Canyon Corridor Neighborhood

Estimated Value: $699,000 - $731,000

2 Beds
3 Baths
2,100 Sq Ft
0.48 Acres

Last Sold February 23, 2018

Last sale price $400,000 $190 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,333/month

47 Days on Market

About This Home

As of February 2018

This beautiful, luxury condo is located in the gated, resort-like, Twin Springs community, designed by world famous mid-century modern architect, Donald Wexler; and, YOU OWN THE LAND! It features 2 spacious, well separated en-suite master bedrooms, plus one guest bedroom or den/office, with total of 3 baths. Ideal for investors looking for an upgraded, well maintained rental unit, or for those buyers in the market for a large, So. Palm Springs vacation home. This home provides a large, West facing patio that spans the length of the home, that affords you the luxury of absorbing the beautiful western views of the Palm Springs mountains. The Twin Springs development provides resort-like features including two community pools, spas, tennis courts, shuffle board, and club house with exercise room. For horse or hiking enthusiasts, the nearby Smoketree Stables, and the Indian Canyon nature trails provide perfect venues for all your outdoor interests. Plus, you're only minutes from downtown.

Last Agent to Sell the Property

Richard Ghysels

Fathom Realty License #01755327 Listed on: 11/21/2017

Fathom Realty

Last Buyer's Agent

Lucio Bernal

Coldwell Banker Realty License #01236217

Coldwell Banker Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,593

Year Built

1973

Lot Details

0

Listing Details

  • Entry Location: Living Room, Top Level
  • Unit Location: 2nd floor
  • Active Date: 2017-11-21
  • Full Bathroom: 2
  • Three Quarter Bathrooms: 1
  • Building Size: 2100.0
  • Building Structure Style: Architectural
  • Driving Directions: Go South on South Palm Canyon to Murray Canyon. Turn East (left) on Murray Canyon to Sierra Madre. Turn left on Sierra Madre. Murray Canyon dead-ends at gate to Twin Springs development.
  • Full Street Address: 2696 S SIERRA MADRE
  • Lot Location: Stream
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2018-02-24
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 2
  • Total Number of Units: 40
  • View Type: Canyon View, Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Bathroom Features: 2 Master Baths, Double Vanity(s)
  • Bedroom Features: 2 Master Bedrooms
  • Eating Areas: Dining Area
  • Appliances: Range Hood, Microwave, Range, Cooktop - Electric
  • Advertising Remarks: This beautiful, luxury condo is located in the gated, resort-like, Twin Springs community, designed by world famous mid-century modern architect, Donald Wexler; and, YOU OWN THE LAND! It features 2 spacious, well separated en-suite master bedrooms, plus
  • Total Bedrooms: 2
  • Builders Tract Code: 7030
  • Builders Tract Name: TWIN SPRINGS
  • Fireplace: No
  • Levels: One Level
  • Spa: Yes
  • Appliances: Garbage Disposal, Refrigerator
  • Association Phone Number: 760-327-0307
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 20909
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Other Features: Balcony
  • Patio: Covered
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Features: Covered Parking
  • Parking Type: Garage Is Attached, Carport

Utilities

  • Sewer: In, Connected & Paid
  • Cooling Type: Air Conditioning
  • Heating Type: Forced Air
  • Security: Automatic Gate, Community, Fire and Smoke Detection System, Gated Community

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Controlled Access, Gated Community, Lake or Pond
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse, Earthquake Insurance, Trash Paid, Water Paid
  • Association Rules: PetsPermitted
  • Mgmt Co 2: BOBBY GAFNEY
  • Association Name: Twin Springs
  • HOA Fees: 438.0

Schools

  • Elementary School: Cahuilla Elementary
  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Jan 9, 2018
Sold by
Kingsley Thomas
Bought by
Perrin Randy W and Doble Paul H
Seller's Agent
Richard Ghysels
Fathom Realty
Buyer's Agent
Lucio Bernal
Coldwell Banker Realty
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Current Estimated Value
$715,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,289
Avg. Annual Appreciation
8.00%
Original Mortgage
$320,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Kingsley Thomas
Bought by
Kingsley Thomas

Purchase Details

Closed on
Oct 20, 2011
Sold by
Landingham George and Landingham Teresa
Bought by
Kingsley Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Taylor Lawrence N
Bought by
Landingham George and Landingham Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 12, 2004
Sold by
Taylor Lawrence N
Bought by
Laurenbrook Inc

Purchase Details

Closed on
Jul 2, 2003
Sold by
Taylor Janice L
Bought by
Taylor Lawrence N

Purchase Details

Closed on
Jan 23, 2003
Sold by
Taylor Lawrence N and Taylor Janice L
Bought by
Taylor Lawrence N

Purchase Details

Closed on
Jun 7, 1995
Sold by
Taylor Lawrence N and Taylor Janice
Bought by
Taylor Lawrence N and Taylor Janice L
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 Buyer Sale Price Title Company
Perrin Randy W $400,000 Orange Coast Title Insurance
Kingsley Thomas -- Lsi
Kingsley Thomas $159,000 Equity Title Los Angeles
Landingham George $315,000 First American Title Company
Laurenbrook Inc -- --
Taylor Lawrence N -- --
Taylor Lawrence N -- --
Taylor Lawrence N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrin Randy W $276,800
Closed Perrin Randy W $320,000
Previous Owner Kingsley Thomas $119,250
Previous Owner Landingham George $252,000
Closed Landingham George $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $400,000 -4.8% $190 / Sq Ft
01/07/2018 01/07/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $420,000 -- $200 / 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 $5,593 $455,126 $136,537 $318,589
2023 $5,593 $437,455 $131,236 $306,219
2022 $5,700 $428,878 $128,663 $300,215
2021 $5,585 $420,470 $126,141 $294,329
2020 $5,337 $416,160 $124,848 $291,312
2019 $5,245 $408,000 $122,400 $285,600
2018 $2,438 $175,514 $52,654 $122,860
2017 $2,406 $172,073 $51,622 $120,451
2016 $2,341 $168,700 $50,610 $118,090
2015 $2,240 $166,167 $49,850 $116,317
2014 $2,199 $162,914 $48,874 $114,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-291240PS

APN: 512-240-004