NOT LISTED FOR SALE

2696 S Sierra Madre Unit F15 Palm Springs, CA 92264

Canyon Corridor Neighborhood

Estimated Value: $488,186 - $606,000

2 Beds
2 Baths
1,575 Sq Ft
$417/mo HOA Fee

Last Sold August 08, 2013

Last sale price $218,000 $138 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,657/month

188 Days on Market

Highlights

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

About This Home

As of August 2013

Secluded South Palm Springs, second story, mid-century condo designed by Donald Wexler (in 1973) with incredible pool and mountain views! This home is located in Twin Springs which is a quiet gated community in the heart of South Palm Springs, and is close to all things Palm Springs. The entire subdivision has that Palm Springs feel that we all have grown to know and love. This home is been well cared for and will be a great investment for the new owner with its Fee Simple land (you own the land), and low home owners fees. The home would also make a great vacation rental and would provide a great cash flow to an investor. Please call for an appointment to see this Palm Springs charmer!

Last Agent to Sell the Property

John Reagan

License #01817611 Listed on: 01/18/2013

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1973

Lot Details

  • South Facing Home

HOA Fees

  • $417 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 512240040

Community Details

Overview

  • Association fees include clubhouse, trash
  • Twin Springs Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Horse Trails

Pet Policy

  • Pet Restriction

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,438

Year Built

Built in 1973

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South
  • Levels: Two
  • Builders Tract Code: Twin Springs
  • Building Style: Modern
  • Entry Floor: 2
  • Included In Sale: Kitchen appliances
  • List Price per Sq Ft: 139.05
  • Lp Sp Ratio: 0.9954
  • View Type: Mountain(s), Pool
  • Year Built: 1973
  • Listing I D: 21469290
  • Listing Member Address: 45110 Club Dr., Ste. D, Indian Wells, CA 92210
  • Listing Member Fax: (760) 301-0365
  • Listing Office Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Listing Office Fax: (760) 269-3560
  • Selling Office Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Selling Office Fax: (760) 269-3560
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Twin Springs
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Stackable W/D Hookup, Refrigerator, Disposal
  • Interior Amenities: Living Room Balcony
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Primary Retreat, Walk In Closet, Primary Suite
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Formal Dining Room
  • Kitchen Features: Pantry
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 1575.00

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Composition, Shingle
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning
  • Heating: Central, Forced Air
  • Security: Automatic Gate
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash
  • Association Amenities: Controlled Access, Tennis Courts, Recreation Room, Horse Trails, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 417.00
  • Total Monthly Association Fees: 417.00
  • Unit Location: Second Floor

Lot Info

  • Assessor Parcel Number: 512240040
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
Jul 8, 2013
Sold by
Capeta Marcella
Bought by
Blankstein Joel
Seller's Agent
John Reagan
Buyer's Agent
Unknown Member
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%
Current Estimated Value
$543,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,047
Avg. Annual Appreciation
7.85%
Original Mortgage
$152,600
Outstanding Balance
$114,145
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$428,902

Purchase Details

Closed on
Dec 19, 2009
Sold by
Draghiciu Florin and Draghiciu Adriana
Bought by
Capeta Marcella

Purchase Details

Closed on
Jul 27, 2004
Sold by
Capeta Marcella
Bought by
Draghicill Florin and Draghicill Adriana

Purchase Details

Closed on
Nov 28, 2000
Sold by
Barfield Ronald J and Barfield Paula G
Bought by
Capeta Marcella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Interest Rate
7.71%
Mortgage Type
Stand Alone First
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
Blankstein Joel $218,000 Orange Coast Title Company
Capeta Marcella -- None Available
Draghicill Florin -- --
Capeta Marcella $137,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankstein Joel $152,600
Previous Owner Capeta Marcella $81,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $218,000 -0.5% $138 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
05/17/2013 05/17/13 Price Changed $219,000 -0.4% $139 / Sq Ft
03/13/2013 03/13/13 Price Changed $219,900 -4.0% $140 / Sq Ft
02/17/2013 02/17/13 Price Changed $229,000 -0.4% $145 / Sq Ft
01/18/2013 01/18/13 For Sale $229,900 -- $146 / Sq Ft
Source: California Desert 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 $3,438 $267,225 $80,166 $187,059
2023 $3,438 $256,851 $77,054 $179,797
2022 $3,504 $251,816 $75,544 $176,272
2021 $3,436 $246,879 $74,063 $172,816
2020 $3,289 $244,348 $73,304 $171,044
2019 $3,235 $239,558 $71,867 $167,691
2018 $3,178 $234,861 $70,458 $164,403
2017 $3,134 $230,257 $69,077 $161,180
2016 $3,047 $225,743 $67,723 $158,020
2015 $2,920 $222,354 $66,706 $155,648
2014 $2,874 $218,000 $65,400 $152,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21469290

California Desert Association of REALTORS®

APN: 512-240-040