NOT LISTED FOR SALE

362 Terra Vita Palm Springs, CA 92262

Midtown Palm Springs Neighborhood

Estimated Value: $593,000 - $638,000

3 Beds
3 Baths
1,646 Sq Ft
$489/mo HOA Fee

Last Sold February 10, 2025

Last sale price $550,000 $334 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,363/month

131 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 2 Car Attached Garage
  • Palm Springs High School Rated A-
  • Great Room
  • Side by Side Parking

About This Home

As of February 2025

Located in the heart of Palm Springs, this charming condo blends modern living with an easy desert lifestyle. Nestled within the gated community Terra Vita, this residence offers 1,646sf, 3 bedrooms and 3 bathrooms, including a downstairs bedroom and bathroom. The condo is a perfect blend of comfort and style, featuring a spacious open floor plan that flows effortlessly from room to room, creating an inviting atmosphere for relaxation or entertaining. There are many luxurious amenities found throughout the home including volume ceilings, wood plank tile floors, a modern tiled fireplace, custom cabinetry with shelving and plenty of storage. The kitchen has been modernized with rich wood cabinets, solid surface counters, tile backsplash and stainless-steel appliances. One of the standout features is the large, private backyard, big enough to add a pool & spa if desired. This outdoor space is perfect for enjoying Palm Springs' sunny weather, whether you're hosting a barbecue, gardening, or simply unwinding with a book. The backyard is landscaped with desert-friendly plants, providing a peaceful and low-maintenance environment. Very close by are community amenities including a BBQ area, sparkling pool and spa. With its prime location, Terra Vita is just minutes away from the vibrant downtown, offering a wide array of dining, shopping, and entertainment options. This condo is not just a home; it's a gateway to the quintessential Palm Springs lifestyle.

Last Agent to Sell the Property

Robert Downing

Equity Union License #01322803 Listed on: 09/04/2024

Equity Union

Last Buyer's Agent

Marc Lange

Equity Union License #01407481

Equity Union

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Drip System Landscaping
  • Land Lease of $2,546 expires <<landLeaseExpirationDate>>

HOA Fees

  • $489 Monthly HOA Fees

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 009618109

Community Details

Overview

  • Terra Vita Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 361.48
  • Lp Sp Ratio: 0.9200
  • Year Built: 2006
  • Co Listing Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (888) 483-1174
  • Co Listing Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Listing I D: 219116242
  • Listing Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Listing Member Fax: (888) 483-1174
  • Listing Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Selling Member Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 537-2911
  • Selling Office Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Land Type: Lease
  • New Construction: No
  • Subdivision: Terra Vita
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Tile
  • Flooring: Carpet, Tile, Mixed
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 1646.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Management, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 489.25
  • Total Monthly Association Fees: 489.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 009618109
  • Irrigation: Drip System

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 2546.42
  • Land Lease Expiration Year: 2071
  • Land Lease Type: Lease

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2025 02/10/25 Sold $550,000 -7.6% $334 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
11/07/2024 11/07/24 Price Changed $595,000 -0.7% $361 / Sq Ft
09/04/2024 09/04/24 For Sale $599,000 +61.9% $364 / Sq Ft
04/30/2015 04/30/15 Sold $370,000 -4.9% $225 / Sq Ft View Prior Sale
04/02/2015 04/02/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $389,000 -- $236 / Sq Ft
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 $7,514 $559,892 $163,001 $396,891
2023 $7,514 $538,152 $156,672 $381,480
2022 $7,514 $527,600 $153,600 $374,000
2021 $6,273 $435,241 $127,128 $308,113
2020 $5,999 $430,779 $125,825 $304,954
2019 $5,896 $422,333 $123,358 $298,975
2018 $5,784 $414,053 $120,941 $293,112
2017 $5,693 $405,935 $118,570 $287,365
2016 $5,521 $397,977 $116,246 $281,731
2015 $4,164 $297,500 $89,141 $208,359
2014 $4,109 $291,675 $87,396 $204,279
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Robert Downing

    Equity Union

    (760) 408-2965

    11 in this area

    178 Total Sales

    Robert Downing
    Section Image
  • Marc Lange

    Buyer's Agent in 2025

    Marc Lange

    Equity Union

    (760) 834-5484

    3 in this area

    130 Total Sales

    Marc Lange
    Section Image

  • S

    Seller's Agent in 2015

    Stewart Penn

    Compass

    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219116242

California Desert Association of REALTORS®

APN: 009-618-109

California Riverside County Palm Springs 92262 Midtown Palm Springs

362 Terra Vita, Palm Springs, CA

Not Listed for Sale

Condos

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