$497,000 - $524,000
RENTED JUN 13, 2025

3563 Penny Ln Palm Springs, CA 92262

Upper West Side Neighborhood
2 Beds
3 Baths
1,306 Sq Ft
1,307 Sq Ft Lot

Last Sold May 26, 2015

Last sale price $275,000 $211 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,216/month

97 Days on Market

About This Home

As of May 2015

Modern 2 Bed / 2 Bath Condo for Lease in Palm Springs!Bright and stylish 2BR/2BA condo in the gated Palermo community, just 10 minutes from downtown Palm Springs. Features include high ceilings, natural light, stainless steel appliances, breakfast bar, and an-unit washer/dryer. Each bedroom has its own en suite bathroom.Enjoy a private backyard with a spool (spa/pool combo), BBQ, and your own garage with extra storage. Community amenities include 2 pools/spas, clubhouse, billiards room, lounge, and gym.Pets / pet depsoit negotiable.Utilities separate.Long-term tenant preferred.Don't miss this desert gem!

Last Agent to Sell the Property

Morgan Reide

Desert Lifestyle Properties License #01461201 Listed on: 12/31/2014

Co-Listed By

Team Hladysh Reide

Desert Lifestyle Properties

Last Buyer's Agent

Harold Watts

Harold Watts, Broker License #01249521

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,677

Year Built

2007

Lot Details

0

Listing Details

  • Active Date: 2015-03-31
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1306.0
  • Building Structure Style: Modern
  • Driving Directions: From Downtown Palm Springs, go North on Indian Canyon Dr, pass San Rafael and Palermo gate will be on the right. Enter gate and make second left on Penny Ln to Unit.
  • Full Street Address: 3563 PENNY LN
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2015-10-20
  • 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

  • Advertising Remarks: Stunning Contemporary Home with walls of glass that lets the natural Palm Springs light flow through. Rare private Pool or large spa, we'll call it a Spool. Awesome modern features, polished concrete floors, 2 master suites and half bath/powder room downs
  • Total Bedrooms: 2
  • Builders Tract Code: 5052
  • Builders Tract Name: PALERMO
  • Fireplace: No
  • Floor Material: Ceramic Tile
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1193
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Garage - Single Door, Garage Is Attached

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Fitness Center, Gated Community
  • HOA: No
  • Association Rules: PetsPermitted
  • Association Name: Palermo

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2017
Sold by
Wiser James
Bought by
Wiser Jajvies
Current Estimated Value
$516,109

Purchase Details

Listed on
Dec 31, 2014
Closed on
Apr 29, 2015
Sold by
Podollan Thomas Nicholas and Podollan Lenore Janice
Bought by
Podollan Thomas and Podollan Lenore
Seller's Agent
Morgan Reide
Desert Lifestyle Properties
Buyer's Agent
Harold Watts
Harold Watts, Broker
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$220,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2014
Closed on
Apr 15, 2015
Sold by
Dewit Anita
Bought by
Wiser James
Seller's Agent
Morgan Reide
Desert Lifestyle Properties
Buyer's Agent
Harold Watts
Harold Watts, Broker
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Federal National Mortgage Association
Bought by
Podollan Tod and Stubbs Andrew

Purchase Details

Closed on
Jun 8, 2010
Sold by
Tucci Michael A and Young Gene
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 28, 2007
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Tucci Michael A and Young Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Wiser Jajvies -- None Available
Podollan Thomas -- First American Title Company
Podollan Lenore Janice -- First American Title Company
Podollan Thomas Nicholas -- First American Title Company
Wiser James $275,000 First American Title Company
Podollan Tod $168,000 Lsi Title Company Inc
Federal National Mortgage Association $386,512 Accommodation
Tucci Michael A $448,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiser James $220,000
Previous Owner Tucci Michael A $358,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Rented $2,795 +1.6% --
05/13/2025 05/13/25 For Rent $2,750 0.0% --
05/26/2015 05/26/15 Sold $275,000 -3.5% $211 / Sq Ft
03/31/2015 03/31/15 For Sale $285,000 +3.6% $218 / Sq Ft
03/30/2015 03/30/15 Off Market $275,000 -- --
02/01/2015 02/01/15 Price Changed $295,000 -1.3% $226 / Sq Ft
12/31/2014 12/31/14 For Sale $299,000 -- $229 / 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 $4,677 $330,500 $90,133 $240,367
2023 $4,677 $317,668 $86,634 $231,034
2022 $4,723 $311,440 $84,936 $226,504
2021 $4,598 $305,334 $83,271 $222,063
2020 $4,402 $302,205 $82,418 $219,787
2019 $4,327 $296,280 $80,802 $215,478
2018 $4,245 $290,471 $79,218 $211,253
2017 $4,177 $284,776 $77,665 $207,111
2016 $4,060 $279,193 $76,143 $203,050
2015 $3,390 $232,748 $49,484 $183,264
2014 $2,697 $175,579 $47,030 $128,549
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kara Kalisvaart

    The Firm Brokerage

  • M

    Seller's Agent in 2015

    Morgan Reide

    Desert Lifestyle Properties

  • T

    Seller Co-Listing Agent in 2015

    Team Hladysh Reide

    Desert Lifestyle Properties

  • H

    Buyer's Agent in 2015

    Harold Watts

    Harold Watts, Broker

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-817861PS

APN: 669-721-033

California Riverside County Palm Springs 92262 Upper West Side

3563 Penny Ln, Palm Springs, CA

This home is located at 3563 Penny Ln, Palm Springs, CA 92262 since 31 December 2014 and is currently estimated at $507,984, approximately $388 per square foot. This property was built in 2007. 3563 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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