NOT LISTED FOR SALE

3564 Penny Ln Palm Springs, CA 92262

Upper West Side Neighborhood

Estimated Value: $513,000 - $563,000

2 Beds
3 Baths
1,306 Sq Ft
1,307 Sq Ft Lot

Last Sold October 01, 2015

Last sale price $249,000 $191 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,457/month

112 Days on Market

About This Home

As of October 2015

Built in 2007, Palermo is a stunning, architectural community. This luxurious 2-story townhome showcases 2 bedrooms (upstairs) with en-suite bathrooms, a private sun deck, open kitchen, 2 story high ceilings with walls of glass, a downstairs powder room & attached 1 car garage. This "C" Plan townhome has mountain views from its own private upstairs balcony. Granite counter tops, Cherry wood cabinetry & stained concrete floors downstairs. Palermo has a strong HOA and offers residents a secure, gated environment along with 2 swimming pools, 2 spas, state-of-the-art fitness center within a gorgeous clubhouse that also features a full kitchen, meeting room, billiards & TV lounge areas - all for resident entertaining!

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 02/27/2015

Compass

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,746

Year Built

2007

Lot Details

0

Parking

1

Listing Details

  • Cross Street: N INDIAN CANYON
  • Model Code: C
  • Entry Location: Ground Level - no steps
  • Active Date: 2015-02-27
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Builder Name: ENTERPRISE CALIFORNIA
  • Building Size: 1306.0
  • Building Structure Style: Modern
  • Driving Directions: From downtown Palm Springs. North on Indian Canyon. Pass Vista Chino. Pass Racquet Club. Pass San Rafael. Palermo entrance is on the right.
  • Full Street Address: 3564 PENNY LN
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2015-10-01
  • Spa Descriptions: Association Spa, Community
  • Mello Roos: Unknown
  • Unit Floor In Building: 2
  • 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, Double Vanity(s), Granite
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Microwave, Range, Free Standing Gas
  • Advertising Remarks: Built in 2007, Palermo is a stunning, architectural community. This luxurious 2-story townhome showcases 2 bedrooms (upstairs) with en-suite bathrooms, a private sun deck, open kitchen, 2 story high ceilings with walls of glass, a downstairs powder room
  • Total Bedrooms: 2
  • Builders Tract Code: 5052
  • Builders Tract Name: PALERMO
  • Fireplace: No
  • Levels: Two Level
  • Spa: Yes
  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Laundry - Closet Stacked, Open Floor Plan, Recessed Lighting, Two Story Ceilings
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Concrete Slab
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1183
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Concrete Slab
  • 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
  • Water District: DESERT WATER
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air
  • Security: Card/Code Access, Fire and Smoke Detection System, Gated Community, Prewired for alarm system

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Gym/Ex Room, Fitness Center, Gated Community, Guest Parking, Meeting Room
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse, Trash Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules, Call for Rules
  • Association Name: Palermo HOA
  • HOA Fees: 298.0

Schools

  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Freud Sanford Jeffrey and Freud Christy Renee
Bought by
Crytser Thomas and Avila Arturo
Current Estimated Value
$531,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$198,741
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,479

Purchase Details

Closed on
Sep 29, 2020
Sold by
Hutchins Tammy and Estate Of John Willis Byrd Iii
Bought by
Freud Sanford Jeffrey and Freud Christy Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Ic 40 Llc
Bought by
Byrd John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Crytser Thomas $475,000 Ticor Title Company
Freud Sanford Jeffrey $395,000 Fidelity National Title Co
Byrd John W $249,000 Stewart Title Of Ca Inc
Ncb Development Ix Llc $6,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crytser Thomas $217,000
Previous Owner Freud Sanford Jeffrey $316,000
Previous Owner Byrd John W $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $249,000 -3.5% $191 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $257,990 0.0% $198 / Sq Ft
09/01/2012 09/01/12 Rented $1,350 0.0% --
08/03/2012 08/03/12 Under Contract -- -- --
07/31/2012 07/31/12 For Rent $1,350 -- --
Source: The MLS

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 $6,746 $504,073 $169,793 $334,280
2023 $6,746 $484,500 $163,200 $321,300
2022 $6,835 $475,000 $160,000 $315,000
2021 $5,755 $395,000 $45,000 $350,000
2020 $4,685 $325,000 $81,250 $243,750
2019 $4,229 $295,450 $66,059 $229,391
2018 $4,148 $289,658 $64,764 $224,894
2017 $4,079 $283,980 $63,495 $220,485
2016 $3,600 $249,000 $62,250 $186,750
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

    51 Total Sales

    Scott Lyle
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

  • 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: The MLS

MLS Number: 15-882965PS

The MLS

APN: 669-722-004

California Riverside County Palm Springs 92262 Upper West Side

3564 Penny Ln, Palm Springs, CA

This home is located at 3564 Penny Ln, Palm Springs, CA 92262 since 27 February 2015 and is currently estimated at $531,220, approximately $406 per square foot. This property was built in 2007. 3564 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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