NOT LISTED FOR SALE

Estimated Value: $518,437 - $585,000

2 Beds
3 Baths
1,387 Sq Ft
1,307 Sq Ft Lot

Last Sold September 07, 2018

Last sale price $355,000 $256 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,331/month

2 Days on Market

About This Home

As of September 2018

This is the finest home at the popular Modern Architectural Palermo community. Not only does it have the largest lot and some of the best views in the community, it also has the largest private pool and spa. 19' ceilings in the living room with amazing south facing views, concrete floors, new quartz counters throughout and Palisandro Italian Cabinets throughout. Separate living & dining area and downstairs powder bath. Upstairs you will find two master suites, view loft for lounging or office and laundry room. There is a 2nd story deck with views of the north mountains and San Gorgonio, as well as lakes in the community next door. All new bathrooms, shower enclosures & new window coverings too. The backyard is private and attractive with a long pool & elevated spa with spill over. There is an attached garage, long drive with room for 2nd car and abundant adjacent parking for guests. Palermo is a gated community with a fantastic clubhouse, pools, spas & gym. You own the land. Low HOA!

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 08/14/2018

Compass

Last Buyer's Agent

Don Ediger

All About Realty, Inc. License #01092986

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,458

Year Built

2007

Lot Details

0

Parking

1

Listing Details

  • Cross Street: N INDIAN CANYON
  • Model Code: A
  • Entry Location: Ground Level - no steps
  • Active Date: 2018-08-14
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Builder Name: ENTERPRISE CALIFORNIA
  • Building Size: 1387.0
  • Building Structure Style: Modern
  • Driving Directions: North on Indian Canyon. Pass San Rafael. Palermo Entry on Right. Home in back NE corner of community.
  • Full Street Address: 318 SANDY POINT TRL
  • Number Of Remote Controls: 2
  • Pool Descriptions: Community Pool, Private Pool
  • Primary Object Modification Timestamp: 2018-09-07
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa, Private Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 119
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Bathroom Features: Powder Room, Double Vanity(s), Granite, Remodeled
  • Bedroom Features: All Bedrooms Up
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Advertising Remarks: This is the finest home at the popular Modern Architectural Palermo community. Not only does it have the largest lot and some of the best views in the community, it also has the largest private pool and spa. 19' ceilings in the living room with amazing so
  • Total Bedrooms: 2
  • Builders Tract Code: 5052
  • Builders Tract Name: PALERMO
  • Fireplace: Yes
  • Levels: Two Level
  • Spa: Yes
  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Open Floor Plan
  • Fireplace Rooms: Exterior, Patio
  • Appliances: Dishwasher, Garbage Disposal, Water Line to Refrigerator
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Concrete Slab
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1120
  • Common Walls: Attached
  • Construction: Frame, Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Covered Porch, Covered
  • Community Features: Community Mailbox
  • Fence: Block Wall
  • Windows: Double Pane Windows
  • Roofing: Elastomeric
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 1.0
  • Total Parking Spaces: 1
  • Parking Spaces Total: 1
  • Parking Type: Garage - Single Door

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER AGENCY
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Gated Community, Prewired for alarm system, Smoke Detector

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Card Room, Controlled Access, Fitness Center, Gated Community, Guest Parking
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse, Sewer Paid, Trash Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules, Call for Rules
  • Association Name: PALERMO HOA
  • HOA Fees: 325.0

Schools

  • High School: PALM SPRINGS HIGH SC

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2020
Sold by
Ediger Loren Donald
Bought by
Howard Michael
Current Estimated Value
$542,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$226,389
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$320,607

Purchase Details

Closed on
Mar 26, 2020
Sold by
Ediger Loren Donald
Bought by
Howard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$226,389
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$320,607

Purchase Details

Listed on
Aug 14, 2018
Closed on
Aug 28, 2018
Sold by
Menor Ricky Anthony
Bought by
Howard Michael
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
Don Ediger
All About Realty, Inc.
List Price
$375,000
Sold Price
$355,000
Premium/Discount to List
-$20,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$258,750
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Howard Michael -- Placer Title
Howard Michael -- Placer Title
Howard Michael $355,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Michael $255,000
Closed Howard Michael $255,000
Closed Howard Michael $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $355,000 -5.3% $256 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $375,000 -- $270 / 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 $5,458 $396,004 $92,028 $303,976
2023 $5,458 $380,628 $88,455 $292,173
2022 $5,520 $373,166 $86,721 $286,445
2021 $5,379 $365,850 $85,021 $280,829
2020 $5,146 $362,100 $84,150 $277,950
2019 $5,058 $355,000 $82,500 $272,500
2018 $4,675 $325,000 $76,000 $249,000
2017 $4,342 $298,000 $69,000 $229,000
2016 $4,293 $298,000 $69,000 $229,000
2015 $4,143 $295,000 $69,000 $226,000
2014 $4,025 $284,000 $66,000 $218,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-374346PS

APN: 669-721-063