NOT LISTED FOR SALE

2875 N Los Felices Rd Unit 101 Palm Springs, CA 92262

Racquet Club West Neighborhood

Estimated Value: $178,000 - $205,000

1 Bed
1 Bath
589 Sq Ft
$510/mo HOA Fee

Last Sold May 22, 2024

Last sale price $210,000 $357 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,633/month

82 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • 2 Fireplaces
  • Palm Springs High School Rated A-
  • Deck
  • Quartz Countertops

About This Home

As of May 2024

Conveniently situated near the pool and recently completely renovated, this easy lock and go condo is just a stone's throw away from downtown Palm Springs. It's the perfect place for a new buyer, second home, or investment property. With, brand new floors, interior paint, new kitchen appliances, quartz countertops, brand new cabinets, lighting, and brand new bathroom this home just needs your personal touches. This home is located on the first floor and has its own patio that faces true west perfect for watching the Desert sunset! HOA includes access to multiple pools and spas, tennis and pickle ball courts, and exterior building maintenance. You own the land! Must see to appreciate! Please note some photos have been virtually staged.

Last Agent to Sell the Property

Amirah Halum

Compass License #01945548 Listed on: 02/28/2024

Compass

Last Buyer's Agent

John McKenna

Windermere Real Estate License #02122114

Windermere Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $510 Monthly HOA Fees

Interior Spaces

  • 589 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Laminate Flooring
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 2 Car Parking Spaces
  • 1 Detached Carport Space
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

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

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 504041073

Community Details

Overview

  • Palm Springs Villas I Subdivision

Amenities

  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,420

Year Built

Built in 1981

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground, One
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 348.05
  • Lp Sp Ratio: 1.0200
  • Water District Name: Palm Springs Water
  • Year Built: 1981
  • Listing I D: 219107645
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 296 North Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 296 North Palm Canyon Drive, Palm Springs, CA 92262
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Palm Springs Villas I
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Open Floorplan
  • Flooring: Laminate
  • Total Bedrooms: 1
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Living/Dining Combo
  • Kitchen Features: Quartz Counters
  • Estimated Sq Ft: 589.00

Exterior Features

  • Patio: Deck
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Parking: Detached Carport
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Guest Parking, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 510.00
  • Total Monthly Association Fees: 510.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 504041073
  • Irrigation: Sprinkler System
  • Lot Size: 624.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 14, 2024
Sold by
Salazar Daniel Gomez
Bought by
Hill Lucas and Hill Megan
Seller's Agent
Amirah Halum
Compass
Buyer's Agent
John McKenna
Windermere Real Estate
List Price
$219,000
Sold Price
$210,000
Premium/Discount to List
-$9,000
-4.11%
Views
156
Current Estimated Value
$188,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,189
Avg. Annual Appreciation
-7.42%
Original Mortgage
$157,500
Outstanding Balance
$155,292
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$33,519

Purchase Details

Listed on
Oct 23, 2017
Closed on
Nov 7, 2017
Sold by
Escobar Fabio and Escobar Men B
Bought by
Salazar Daniel Gomez
Seller's Agent
BRIDGET KRAYCHIR
Real Estate eBroker Inc
Buyer's Agent
Adree Rojas
Desert Lifestyle Properties
List Price
$86,900
Sold Price
$86,000
Premium/Discount to List
-$900
-1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.92%
Original Mortgage
$68,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Noel Jean Paul
Bought by
Escobar Fabio and Escobar Meri B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Hill Lucas $210,000 Fidelity National Title
Salazar Daniel Gomez $86,000 Orange Coast Title
Escobar Fabio $116,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Lucas $157,500
Previous Owner Salazar Daniel Gomez $68,800
Previous Owner Escobar Fabio $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $210,000 +2.4% $357 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $205,000 -6.4% $348 / Sq Ft
02/28/2024 02/28/24 For Sale $219,000 +154.7% $372 / Sq Ft
12/23/2017 12/23/17 Sold $86,000 -1.0% $146 / Sq Ft View Prior Sale
11/14/2017 11/14/17 For Sale $86,900 +1.0% $148 / Sq Ft
11/04/2017 11/04/17 Off Market $86,000 -- --
10/23/2017 10/23/17 For Sale $86,900 -- $148 / 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 $1,420 $214,199 $53,552 $160,647
2023 $1,420 $94,050 $23,511 $70,539
2022 $1,444 $92,206 $23,050 $69,156
2021 $1,419 $90,399 $22,599 $67,800
2020 $1,365 $89,473 $22,368 $67,105
2019 $1,345 $87,720 $21,930 $65,790
2018 $1,325 $86,000 $21,500 $64,500
2017 $1,380 $90,000 $22,000 $68,000
2016 $1,269 $82,000 $20,000 $62,000
2015 $1,186 $79,000 $20,000 $59,000
2014 $1,112 $74,000 $18,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219107645

California Desert Association of REALTORS®

APN: 504-041-073