NOT LISTED FOR SALE

2875 N Los Felices Rd Unit 214 Palm Springs, CA 92262

Racquet Club West Neighborhood

Estimated Value: $191,000 - $239,000

1 Bed
1 Bath
589 Sq Ft
$425/mo HOA Fee

Last Sold July 20, 2022

Last sale price $230,000 $390 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,847/month

2 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Picnic Area
  • Palm Springs High School Rated A-
  • Accessible Parking
  • Central Heating and Cooling System

About This Home

As of July 2022

CUTE AND COZY DESERT RETREAT, PERFECT FOR SECOND HOME OR LONG TERM RENTAL. 5 POOLS AND TENNIS COURTS TO CHOOSE FROM. ITS NEAR PALM SPRINGS TRAMWAY AND A SHORT DRIVE TO DOWNTOWN PALM SPRINGS WITH ALL ITS DINING, SHOPPING, AND CULTURAL EXPERIENCES.MUST SEE!

Last Agent to Sell the Property

Victor Ortiz

R.E. SOURCE License #01892870 Listed on: 06/09/2022

Last Buyer's Agent

Marianne Bunnell

Coldwell Banker Realty License #01988821

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1981

Lot Details

  • 436

HOA Fees

  • $425 Monthly HOA Fees

Interior Spaces

  • 589 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 15233
  • Assessor Parcel Number 504041094
  • $253 per year additional tax assessments

Community Details

Overview

  • 100 Units
  • Desert Management Association, Phone Number (760) 862-1202
  • Palm Springs Villas I Subdivision

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,106

Year Built

Built in 1981

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Palm Springs Villas I (33115)
  • View: No
  • Zoning: RGA
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 504041094
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 589.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 390.49
  • Room Type: Master Bedroom

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: DESERT MANAGEMENT
  • Phone: 7608621202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: DESERT MANAGEMENT

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 436.00
  • Lot Size Acres: 0.0100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 436.0000 Square Feet
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 446.05
  • Tax Lot: 94
  • Tax Tract Number: 15233
  • TaxOtherAnnualAssessmentAmount: 253.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jun 22, 2022
Sold by
Emily Puicon
Bought by
Buzzini Adam David
Seller's Agent
Victor Ortiz
R.E. SOURCE
Buyer's Agent
Marianne Bunnell
Coldwell Banker Realty
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%
Current Estimated Value
$213,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,204
Avg. Annual Appreciation
-2.31%
Original Mortgage
$165,000
Outstanding Balance
$157,391
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$56,405

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jan 3, 2020
Sold by
Boye Pamela L
Bought by
Puicon Emily
Seller's Agent
William Cochran
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Victor Ortiz
R.E. SOURCE
List Price
$108,000
Sold Price
$100,000
Premium/Discount to List
-$8,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.72%
Original Mortgage
$80,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2008
Sold by
U S Bank Na
Bought by
Boye Pamela L

Purchase Details

Closed on
Sep 14, 2007
Sold by
Heller Robert L
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 8, 2004
Sold by
Gunther Jack A
Bought by
Heller Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Gunther Jack A and Hamm Barry Lynn
Bought by
Gunther Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2003
Sold by
Gunther Jack A
Bought by
Gunther Jack A and Hamm Barry Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Spencer David Eugene
Bought by
Gunther Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Kjartanson Sigurdur E
Bought by
Spencer David Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 1997
Sold by
Kjartanson Sigurdur E
Bought by
Kjartanson Sigurdur E
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
Buzzini Adam David $230,000 None Listed On Document
Puicon Emily $100,000 Lawyers Title Ie
Boye Pamela L $81,000 None Available
U S Bank Na $130,000 None Available
Heller Robert Lee $125,000 --
Gunther Jack A -- --
Gunther Jack A -- --
Gunther Jack A $71,000 Chicago Title Co
Spencer David Eugene $39,000 Chicago Title Co
Kjartanson Sigurdur E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buzzini Adam David $165,000
Previous Owner Puicon Emily $80,000
Previous Owner Heller Robert L $140,250
Previous Owner Heller Robert Lee $112,500
Previous Owner Gunther Jack A $35,000
Previous Owner Gunther Jack A $53,000
Previous Owner Spencer David Eugene $46,750
Previous Owner Spencer David Eugene $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $230,000 +4.5% $390 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $220,000 +120.0% $374 / Sq Ft
01/24/2020 01/24/20 Sold $100,000 +0.5% $170 / Sq Ft
12/11/2019 12/11/19 Price Changed $99,500 -1.5% $169 / Sq Ft
12/04/2019 12/04/19 Price Changed $101,000 -2.9% $171 / Sq Ft
10/25/2019 10/25/19 Price Changed $104,000 -3.7% $177 / Sq Ft
09/12/2019 09/12/19 For Sale $108,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,106 $239,292 $72,828 $166,464
2023 $3,106 $230,000 $70,000 $160,000
2022 $1,584 $103,055 $15,458 $87,597
2021 $1,556 $101,035 $15,155 $85,880
2020 $1,375 $97,267 $24,312 $72,955
2019 $1,353 $95,361 $23,836 $71,525
2018 $1,331 $93,492 $23,369 $70,123
2017 $1,313 $91,660 $22,911 $68,749
2016 $1,182 $82,000 $20,000 $62,000
2015 $1,040 $74,000 $18,000 $56,000
2014 $1,026 $74,000 $18,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV22124559

California Regional Multiple Listing Service (CRMLS)

APN: 504-041-094