NOT LISTED FOR SALE

3554 Penny Ln Palm Springs, CA 92262

Upper West Side Neighborhood

Estimated Value: $504,000 - $538,000

2 Beds
3 Baths
1,343 Sq Ft
1,307 Sq Ft Lot

Last Sold March 26, 2015

Last sale price $267,000 $199 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,191/month

80 Days on Market

About This Home

As of March 2015

This architecturally stunning two-story townhouse showcases 2 bedrooms with en-suite baths and large private sundeck that is like an open air room with views. Huge eat-in kitchen opens into the great room. This "B" Plan home has a wonderful feel and includes a downstairs powder room and attached one car garage. Open to an east facing private rear yard with private Spa & covered patio. Granite counters throughout, Cherry wood cabinets and stained concrete floors downstairs. Palermo offers a strong HOA, two swimming pools, two spas, state of the art fitness center and a gorgeous clubhouse with full kitchen.

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 10/31/2014

Compass

Last Buyer's Agent

Kathleen Adams

Kathleen Adams Real Estate, Inc. License #01454467

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,447

Year Built

2007

Lot Details

0

Parking

1

Listing Details

  • Model Code: B
  • Entry Location: Ground Level - no steps
  • Active Date: 2014-10-31
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Builder Name: ENTERPRISE CALIFORNIA
  • Building Size: 1343.0
  • Building Structure Style: Modern
  • Driving Directions: North on Indian Canyon. Cross over San Rafael. Palermo entry on the right.
  • Full Street Address: 3554 PENNY LN
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2015-03-27
  • Spa Descriptions: Association Spa, Private Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 118
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Bathroom Features: Powder Room, Granite
  • Bedroom Features: All Bedrooms Up
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Built-In Gas
  • Advertising Remarks: This architecturally stunning two-story townhouse showcases 2 bedrooms with en-suite baths and large private sundeck that is like an open air room with views. Huge eat-in kitchen opens into the great room. This "B" Plan home has a wonderful feel and inc
  • Total Bedrooms: 2
  • Builders Tract Code: 5052
  • Builders Tract Name: PALERMO
  • Fireplace: Yes
  • Levels: Multi Levels
  • Spa: Yes
  • Fireplace Rooms: Patio
  • Floor Material: Carpet, Concrete Slab
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1134
  • Common Walls: Attached
  • Direction Faces: Faces East
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: Balcony
  • Patio: Concrete Slab, Covered
  • Fence: Block Wall
  • Windows: Double Pane Windows
  • Roofing: Elastomeric
  • Water: District/Public

Garage/Parking

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

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace
  • Security: Community, Gated Community

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Controlled Access, Gym/Ex Room, Gated Community
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse
  • Association Rules: PetsPermitted, Assoc Pet Rules, Call for Rules
  • Association Name: Palermo HOA
  • HOA Fees: 294.0

Schools

  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Charlonne Eric R and Loadsman Mary K
Bought by
Talkington Mark E and Talkington Andrea
Current Estimated Value
$516,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Outstanding Balance
$259,718
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$256,521

Purchase Details

Closed on
Sep 13, 2019
Sold by
Charlonne Eric R and Loadsman Mary K
Bought by
Charlonne Eric R and Loadsman Mary K

Purchase Details

Closed on
Jan 23, 2015
Sold by
Ic 40 Llc
Bought by
Charlonne Eric R and Loadsman Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2012
Sold by
Ncb Development Ix Llc
Bought by
Ic 40 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2011
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Ncb Development Ix Llc
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 Buyer Sale Price Title Company
Talkington Mark E $365,000 Lawyers Title Insurance Comp
Charlonne Eric R -- None Available
Charlonne Eric R $267,000 Stewart Title Of Ca Inc
Ic 40 Llc -- Stewart Title Riverside
Ncb Development Ix Llc $6,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talkington Mark E $292,000
Previous Owner Charlonne Eric R $210,000
Previous Owner Ic 40 Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $267,000 -1.1% $199 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
12/08/2014 12/08/14 Price Changed $269,990 -5.3% $201 / Sq Ft
10/31/2014 10/31/14 For Sale $285,000 0.0% $212 / Sq Ft
08/01/2012 08/01/12 Rented $1,445 0.0% --
07/25/2012 07/25/12 Under Contract -- -- --
07/10/2012 07/10/12 For Rent $1,445 +3.2% --
05/01/2012 05/01/12 Rented $1,400 -3.1% --
04/10/2012 04/10/12 Under Contract -- -- --
02/28/2012 02/28/12 For Rent $1,445 -- --
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 $5,447 $395,086 $48,709 $346,377
2023 $5,447 $379,746 $46,818 $332,928
2022 $5,509 $372,300 $45,900 $326,400
2021 $5,368 $365,000 $45,000 $320,000
2020 $4,293 $293,413 $73,625 $219,788
2019 $4,219 $287,661 $72,182 $215,479
2018 $4,140 $282,021 $70,768 $211,253
2017 $4,073 $276,492 $69,381 $207,111
2016 $3,960 $271,071 $68,021 $203,050
2015 $2,259 $139,343 $20,490 $118,853
2014 $2,220 $136,616 $20,090 $116,526
Source: Public Records

Agents Affiliated with this Home

  • Scott Lyle

    Seller's Agent in 2015

    Scott Lyle

    Compass

    (760) 333-8454

    1 in this area

    45 Total Sales

    Scott Lyle
    Section Image
  • Kathleen Adams

    Buyer's Agent in 2015

    Kathleen Adams

    Kathleen Adams Real Estate, Inc.

    (760) 902-9531

    3 in this area

    30 Total Sales

    Kathleen Adams
    Section Image

  • M

    Seller's Agent in 2012

    Michael Heath

    Village Property Management

    (760) 325-4477

    6 in this area

    30 Total Sales

    Michael Heath
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-806827PS

APN: 669-722-005

California Riverside County Palm Springs 92262 Upper West Side

3554 Penny Ln, Palm Springs, CA

This home is located at 3554 Penny Ln, Palm Springs, CA 92262 since 31 October 2014 and is currently estimated at $516,239, approximately $384 per square foot. This property was built in 2007. 3554 Penny Ln is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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