$53,700
SOLD MAY 16, 2013

2875 N Los Felices Rd Unit 116 Palm Springs, CA 92262

Racquet Club West Neighborhood
1 Bed
1 Bath
589 Sq Ft
$280/mo HOA Fee

Recently Sold

$91 Per Sq Ft

17% Below List Price

179 Days on Market

Highlights

  • Spa
  • Ceramic Tile Flooring
  • Central Air
  • Palm Springs High School Rated A-

About This Home

As of May 2013

REDUCED.Lower unit in great condition. This end unit is in a very convenient location. Close to pool and plenty of parking. Owner said she will consider an offer.

Last Agent to Sell the Property

Teri Litton

HomeSmart License #00900016 Listed on: 10/15/2012

HomeSmart

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1981

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 589 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Ground Level
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 504041091

Community Details

Overview

  • Palm Springs Villas I Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,041

Year Built

Built in 1981

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Palm Sp Villas I
  • Included In Sale: Refrigerator
  • List Price per Sq Ft: 96.60
  • Lp Sp Ratio: 0.9438
  • Year Built: 1981
  • Listing I D: 21463560
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Palm Springs Villas I
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 589.00

Exterior Features

  • Roofing: Composition, Shingle
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community

Utilities

  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 280.00
  • Total Monthly Association Fees: 280.00
  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 504041091
  • Lot Acres: 0.0100
  • Lot Size: 436.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2016
Sold by
Ekshian Annie
Bought by
Ekshian Annie
Current Estimated Value
$186,623

Purchase Details

Listed on
Oct 15, 2012
Closed on
Apr 16, 2013
Sold by
Wilson Jay
Bought by
Odell Donna J
Seller's Agent
Teri Litton
HomeSmart
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$64,900
Sold Price
$53,700
Premium/Discount to List
-$11,200
-17.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Apr 11, 2013
Sold by
Odell Donna J
Bought by
Ekshian Annie
Seller's Agent
Teri Litton
HomeSmart
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$64,900
Sold Price
$53,700
Premium/Discount to List
-$11,200
-17.26%

Purchase Details

Closed on
Sep 2, 2009
Sold by
Odell Donna J
Bought by
Odell Donna J

Purchase Details

Closed on
Nov 3, 2007
Sold by
Odell Donna
Bought by
Wilson Jay

Purchase Details

Closed on
Sep 14, 1998
Sold by
Cinnamond Don M and Cinnamond Trust
Bought by
Odell Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,937
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1997
Sold by
Cinnamond Don M and Cinnamond Trust
Bought by
Cinnamond Don M
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
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Lawyers Title Company
Grant Deed $54,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Individual Deed $26,500 Orange Coast Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,937 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2013 05/16/13 Sold $53,700 -5.6% $91 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/17/2013 02/17/13 Price Changed $56,900 -9.0% $97 / Sq Ft
01/13/2013 01/13/13 Price Changed $62,500 -3.7% $106 / Sq Ft
10/15/2012 10/15/12 For Sale $64,900 -- $110 / 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 $1,041 $114,994 $17,232 $97,762
2023 $1,041 $63,548 $16,564 $46,984
2022 $1,058 $62,303 $16,240 $46,063
2021 $1,041 $61,082 $15,922 $45,160
2020 $1,004 $60,456 $15,759 $44,697
2019 $991 $59,271 $15,450 $43,821
2018 $977 $58,110 $15,148 $42,962
2017 $966 $56,971 $14,851 $42,120
2016 $945 $55,855 $14,560 $41,295
2015 $895 $55,019 $14,343 $40,676
2014 $866 $53,943 $14,063 $39,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21463560

California Desert Association of REALTORS®

APN: 504-041-091