NOT LISTED FOR SALE

Estimated Value: $341,346 - $367,000

1 Bed
1 Bath
833 Sq Ft
$331/mo HOA Fee

Last Sold August 02, 2021

Last sale price $284,500 $342 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,605/month

76 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Clubhouse
  • Palm Springs High School Rated A-
  • Mountain View
  • Modern Architecture

About This Home

As of August 2021

Gorgeous, modern style condo on fee land (you own the land!) in Palm Springs! Featuring high ceilings, an open floor plan, and 2 separate patios for the ultimate in comfortable living. Palermo boasts a beautifully maintained gated community including: 2 pools (1 olympic size), spa, fitness center, and a solar powered clubhouse. Low HOA, fee land, and just minutes from downtown! Don't let this opportunity pass you by. Offered fully furnished.

Last Agent to Sell the Property

Zachary Kauffman

KUD Properties, Inc. License #02065294 Listed on: 03/17/2021

Co-Listed By

Ross Stout

eXp Realty Of Southern California Inc License #01882341

Last Buyer's Agent

Charles Koser

Desert Lifestyle Properties License #02111293

Desert Lifestyle Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $331 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 833 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Entryway
  • Living Room
  • Dining Room
  • Painted or Stained Flooring
  • Mountain Views
  • Washer

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 3 Car Parking Spaces
  • Automatic Gate
  • Guest Parking
  • 1 Assigned Parking Space

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 669722032

Community Details

Overview

  • Association fees include building & grounds, clubhouse
  • Palermo Subdivision
  • Planned Unit Development

Amenities

  • Clubhouse
  • Recreation Room
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,336

Year Built

Built in 2007

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Building Style: Modern
  • Entry Floor: 1
  • Entry Location: Living Room
  • List Price per Sq Ft: 354.14
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 2007
  • Co Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Listing I D: 219058997
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Selling Office Fax: (760) 674-1862
  • Land Type: Fee
  • Subdivision: Palermo
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Washer, Refrigerator, Freezer
  • Flooring: Stained Concrete
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 833.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Security: Automatic Gate
  • Sewer: Unknown

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse
  • Association Amenities: Clubhouse, Recreation Room, Pet Rules, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 331.00
  • Total Monthly Association Fees: 331.00

Lot Info

  • Assessor Parcel Number: 669722032
  • Lot Acres: 0.0194
  • Lot Description: Landscaped
  • Lot Size: 848.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Topaloski Ljubomir and Topaloski Mitko
Bought by
Luckinbill Lucie Arnaz and Lucille Ball Morton Trust
Current Estimated Value
$351,087

Purchase Details

Closed on
Sep 7, 2016
Sold by
Ic 40 Llc
Bought by
Topaloski Ljubomir and Topaloski Mitko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,641
Interest Rate
4.25%
Mortgage Type
FHA

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
Luckinbill Lucie Arnaz $284,500 First American Title Company
Topaloski Ljubomir $180,000 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
Previous Owner Topaloski Ljubomir $10,181
Previous Owner Topaloski Ljubomir $176,641
Previous Owner Ic 40 Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $284,500 -3.6% $342 / Sq Ft
05/06/2021 05/06/21 Price Changed $295,000 -1.3% $354 / Sq Ft
03/17/2021 03/17/21 For Sale $299,000 +66.2% $359 / Sq Ft
12/23/2016 12/23/16 Sold $179,900 0.0% $216 / Sq Ft
09/07/2016 09/07/16 For Sale $179,900 0.0% $216 / Sq Ft
02/15/2012 02/15/12 Rented $935 0.0% --
02/02/2012 02/02/12 Under Contract -- -- --
01/20/2012 01/20/12 For Rent $935 -- --
Source: California Desert 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 $4,336 $301,912 $47,754 $254,158
2023 $4,336 $290,190 $45,900 $244,290
2022 $4,375 $284,500 $45,000 $239,500
2021 $3,149 $192,995 $48,248 $144,747
2020 $3,020 $191,017 $47,754 $143,263
2019 $2,969 $187,272 $46,818 $140,454
2018 $2,914 $183,600 $45,900 $137,700
2017 $2,865 $180,000 $45,000 $135,000
2016 $1,968 $110,259 $20,801 $89,458
2015 $1,887 $108,605 $20,490 $88,115
2014 $1,851 $106,480 $20,090 $86,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219058997

California Desert Association of REALTORS®

APN: 669-722-032