NOT LISTED FOR SALE

Estimated Value: $363,000 - $421,000

2 Beds
2 Baths
1,340 Sq Ft
1,307 Sq Ft Lot

Last Sold February 24, 2014

Last sale price $175,000 $131 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,424/month

120 Days on Market

About This Home

As of February 2014

From this Penthouse Condo in the Historic Villa Alejo, you can watch the parades and enjoy the spectacular panoramic Mount San Jacinto views from your ample balcony. So Close to downtown and the casino, this condo has been completely redone with Palm Springs Mid-Century aesthetic. Stunning tile work through-out the unit. High end appliances are featured in the kitchen and cabinetry is stylish and generous. The master bedroom features a well organized double hung closet. The master bath has dual porcelain sinks and high-end fixtures and feels like spa. No detail has been overlooked in the modernization of the classic beauty. This penthouse condo is ready and waiting for you to move right in. HOA dues include all utilities except cable and Phone. Villa Alejo features pool/spa and sauna. This is true resort living in an iconic Palm Springs Condo!

Last Agent to Sell the Property

Dwayne Carrier

Berkshire Hathaway HomeServices California Properties License #01775678 Listed on: 08/26/2013

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Richard Enright

Berkshire Hathaway HomeServices California Properties License #01490794

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Richard Enright

License #01490794

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,133

Year Built

1966

Lot Details

0

Listing Details

  • Cross Street: INDIAN CANYON
  • Entry Location: Elevator
  • Active Date: 2013-08-26
  • Full Bathroom: 2
  • Building Size: 1340.0
  • Building Structure Style: Mid Century
  • Driving Directions: Corner of Indian Canyon and Alejo
  • Full Street Address: 277 E ALEJO RD
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2015-09-16
  • Property Condition: Repairs Major
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 3
  • Total Number of Units: 58
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Bathroom Features: Remodeled
  • Eating Areas: Breakfast Area
  • Appliances: Microwave, Range
  • Advertising Remarks: From this Penthouse Condo in the Historic Villa Alejo, you can watch the parades and enjoy the spectacular panoramic Mount San Jacinto views from your ample balcony. So Close to downtown and the casino, this condo has been completely redone with Palm Spr
  • Total Bedrooms: 2
  • Builders Tract Code: 5870
  • Builders Tract Name: VILLA ALEJO
  • Fireplace: No
  • Land Lease Amount Per Year: 2640.0
  • Land Lease Expiration Year: 2037
  • Spa: Yes
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Ceramic Tile
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Entry Floor: 3
  • Other Features: Balcony

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Features: Covered Parking

Utilities

  • Water District: DESERT WATER
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • Amenities: Controlled Access, Gym/Ex Room, Sauna
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Electricity, Sewer Paid, Trash Paid, Utilities Paid, Water and Sewer Paid, Water Paid
  • Association Rules: Call for Rules
  • High Rise: Passenger Elevator
  • Association Name: Villa Alejo
  • HOA Fees: 695.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2010
Sold by
Frank Melvin
Bought by
Federal National Mortgage Association
Current Estimated Value
$391,604

Purchase Details

Closed on
May 18, 1996
Sold by
California Federal Bank Fsb
Bought by
Federal National Mortgage Association
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
Federal National Mortgage Association $110,001 Accommodation
Federal National Mortgage Association -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Melvin $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2014 02/24/14 Sold $175,000 -12.1% $131 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
12/03/2013 12/03/13 Price Changed $199,000 -17.1% $149 / Sq Ft
11/05/2013 11/05/13 Price Changed $240,000 -4.0% $179 / Sq Ft
08/26/2013 08/26/13 For Sale $250,000 -- $187 / 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 $3,133 $378,394 $95,146 $283,248
2023 $3,133 $227,578 $91,452 $136,126
2022 $3,133 $223,116 $89,659 $133,457
2021 $3,073 $218,742 $87,901 $130,841
2020 $3,038 $224,172 $56,040 $168,132
2019 $2,989 $219,778 $54,942 $164,836
2018 $2,936 $215,469 $53,866 $161,603
2017 $2,896 $211,245 $52,810 $158,435
2016 $2,817 $207,104 $51,775 $155,329
2015 $2,698 $203,996 $50,999 $152,997
2014 $1,411 $105,555 $27,172 $78,383
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-699373PS

APN: 009-600-563