$85,000
SOLD FEB 28, 2019

2825 N Los Felices Rd Unit 116 Palm Springs, CA 92262

Racquet Club West Neighborhood
1 Bed
1 Bath
589 Sq Ft
436 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

29% Below List Price

157 Days on Market

About This Home

As of April 2024

Quiet first floor unit looking out onto nice green yard. Close to downtown, the Tram Way. Unit has been updated ideal for a weekend home or for a first time buyer. The complex is subject to the Palm Springs Short Term Rental Ordinance. All resort amenities, sparkling pools and spas and tennis courts.*END unit*no parking lot views*faces the Mountains*only large grass area *and front gardens and... *Granite top counters in kitchen and bathroom

Last Agent to Sell the Property

Rob Michler

Robert L. Michler Broker License #01199416 Listed on: 08/20/2018

Last Buyer's Agent

Alejandro Perez-Munoz

I Heart Real Estate Inc

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,383

Year Built

1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Style: Mediterranean
  • Levels: Ground Level
  • Builders Tract Code: 5060
  • Building Type: Condominium
  • Year Built: 1981
  • Price Per Sq Ft: 162.14
  • Unit Floor In Building: 1
  • Special Features: None

Interior Features

  • Equipment: Range/Oven
  • Flooring: Ceramic Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Total Bathrooms: 1.00
  • Laundry: Community
  • Living Area: 589

Exterior Features

  • Pool: Community
  • Pool: Yes
  • Entry Floor: 1
  • Stories: 1
  • View: Yes

Garage/Parking

  • Garage Details: Carport Detached
  • Covered Parking: 1

Utilities

  • Security: Community
  • Earth Quake Ins: 1
  • Cooling: Central
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 350.00
  • Complex Name: Palm Springs Villas 1
  • HOA: Yes
  • Amenities: Assoc Maintains Landscape

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Zoning: RGA
  • Assessor Parcel Number: 504-041-001
  • Lot Size Area: 436

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 332

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 16, 2024
Sold by
Locascio Randy
Bought by
Jsbm El Camino Llc
Seller's Agent
Kristine Paiz
Keller Williams Luxury Homes
Buyer's Agent
Kristine Paiz
Keller Williams Luxury Homes
List Price
$170,000
Sold Price
$164,500
Premium/Discount to List
-$5,500
-3.24%
Views
38
Current Estimated Value
$176,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,296
Avg. Annual Appreciation
8.30%
Original Mortgage
$10,000
Outstanding Balance
$9,865
Interest Rate
6.74%
Mortgage Type
Seller Take Back
Estimated Equity
$172,013

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 31, 2019
Sold by
Locascio Margaret Ann
Bought by
Locascio Randy
Seller's Agent
Rob Michler
Robert L. Michler Broker
Buyer's Agent
Alejandro Perez-Munoz
I Heart Real Estate Inc
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$76,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 29, 2019
Sold by
Laureys Cecilia
Bought by
Locascio Randy
Seller's Agent
Rob Michler
Robert L. Michler Broker
Buyer's Agent
Alejandro Perez-Munoz
I Heart Real Estate Inc
List Price
$119,900
Sold Price
$85,000
Premium/Discount to List
-$34,900
-29.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2014
Sold by
Hays James Alexander
Bought by
Laureys Cecilia

Purchase Details

Listed on
Jul 15, 2012
Closed on
Feb 11, 2013
Sold by
Martinez Enrique
Bought by
Hays James Alexander
Seller's Agent
LORENA VELOZ-MARTINEZ
RIGHT MOVE REALTY
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Mar 20, 2012
Sold by
Kern Paulette P
Bought by
Enrique Martinez

Purchase Details

Closed on
Nov 14, 2000
Sold by
Kane Cynthia A
Bought by
Kern Paulette P

Purchase Details

Closed on
May 4, 1998
Sold by
Berardi Mario
Bought by
Kane Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1998
Sold by
Fsla Hemet
Bought by
Berardi Mario

Purchase Details

Closed on
Nov 21, 1997
Sold by
Palm Springs Villas 1 Homeowners Associ
Bought by
Fsla Hemet

Purchase Details

Closed on
Feb 16, 1995
Sold by
Islam Mohammad Nasimul and Islam Nishat
Bought by
Palm Springs Villas #1 Homeowners Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Jul 26, 1994
Sold by
Fidelity Federal Bank Fsb
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $164,500 First American Title
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $85,000 Orange Coast Title Company
Grant Deed $65,000 Orange Coast Title Company
Grant Deed $55,000 Chicago Title Inland Empire
Interfamily Deed Transfer -- Chicago Title Inland Empire
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $38,000 None Available
Grant Deed $39,000 First American Title Co
Grant Deed $35,000 Orange Coast Title Co
Grant Deed $17,000 Commonwealth Land Title Co
Trustee Deed $27,004 First American Title Ins Co
Grant Deed $35,000 First American Title Ins Co
Grant Deed $24,090 Fidelity Title
Grant Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 Seller Take Back
Previous Owner $76,500 New Conventional
Previous Owner $31,500 Purchase Money Mortgage
Previous Owner $24,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $164,500 -2.1% $279 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $168,000 -1.2% $285 / Sq Ft
04/10/2024 04/10/24 For Sale $170,000 0.0% $289 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $170,000 -10.5% $289 / Sq Ft
03/13/2024 03/13/24 For Sale $190,000 +123.5% $323 / Sq Ft
02/28/2019 02/28/19 Sold $85,000 -29.1% $144 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
08/20/2018 08/20/18 For Sale $119,900 +118.0% $204 / Sq Ft
02/22/2013 02/22/13 Sold $55,000 -6.8% $93 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
07/15/2012 07/15/12 For Sale $59,000 -- $100 / 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 $1,383 $293,630 $41,948 $251,682
2023 $1,383 $91,134 $16,082 $75,052
2022 $1,407 $89,348 $15,767 $73,581
2021 $1,383 $87,597 $15,458 $72,139
2020 $1,331 $86,700 $15,300 $71,400
2019 $1,038 $70,025 $17,505 $52,520
2018 $1,021 $68,653 $17,162 $51,491
2017 $1,008 $67,308 $16,826 $50,482
2016 $984 $65,990 $16,497 $49,493
2015 $931 $65,000 $16,250 $48,750
2014 $796 $55,249 $13,812 $41,437
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kristine Paiz

    Keller Williams Luxury Homes

    Section Image

  • R

    Seller's Agent in 2019

    Rob Michler

    Robert L. Michler Broker

    Section Image

  • A

    Buyer's Agent in 2019

    Alejandro Perez-Munoz

    I Heart Real Estate Inc

  • Antonio Estrada

    Buyer Co-Listing Agent in 2019

    Antonio Estrada

    Keller Williams Luxury Homes

    (760) 656-6069

    5 in this area

    133 Total Sales

    Section Image
  • LORENA VELOZ-MARTINEZ

    Seller's Agent in 2013

    LORENA VELOZ-MARTINEZ

    RIGHT MOVE REALTY

    (909) 841-2428

    11 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 18-377488

California Desert Association of REALTORS®

APN: 504-041-001

California Riverside County Palm Springs 92262 Racquet Club West

2825 N Los Felices Rd Unit 116, Palm Springs, CA

This home is located at 2825 N Los Felices Rd Unit 116, Palm Springs, CA 92262 and is currently priced at $85,000, approximately $144 per square foot. This property was built in 1981. 2825 N Los Felices Rd Unit 116 is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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