NOT LISTED FOR SALE

Estimated Value: $389,423 - $411,000

1 Bed
1.5 Baths
925 Sq Ft
$327/mo HOA Fee

Last Sold March 27, 2020

Last sale price $265,000 $286 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,867/month

58 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Community
  • Palm Springs High School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of March 2020

Beautiful 1 bedroom, 1 1/2 bathroom condo with mountain views in the gated community of Palermo in Palm Springs! Enjoy modern architecture, new paint throughout, drought-friendly landscaping, an open floor plan with high ceilings, over-sized sliding glass doors, breakfast bar, galley kitchen open to main living area, private courtyard, and laundry closet for stackable washer and dryer. HOA amenities include pools, spa, clubhouse, fitness room, and billiard table which is perfect for entertaining. Convenient location to area shops, dining, and golf!

Last Agent to Sell the Property

Justin Tye

Active Realty License #01728694 Listed on: 12/29/2019

Co-Listed By

Eric Henry

E Homes License #01739295

Last Buyer's Agent

Michael Martinez

Desert Lifestyle Properties License #01390167

Desert Lifestyle Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,192

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Block Wall Fence
  • Stucco Fence

HOA Fees

  • $327 Monthly HOA Fees

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Carpet
  • Home Security System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Covered Parking
  • No Driveway
  • Parking Lot
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Property is near a park
  • Suburban Location

Schools

  • Vista Del Monte Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Septic Type Unknown

Additional Features

  • Accessible Parking
  • ENERGY STAR Qualified Equipment for Heating
  • Enclosed Patio or Porch

Listing and Financial Details

  • Tax Lot 204
  • Tax Tract Number 33561
  • Assessor Parcel Number 669722047

Community Details

Overview

  • 117 Units
  • Palermo Association, Phone Number (760) 834-8948
  • Millennium Community Management HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,192

Year Built

Built in 2007

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Co-List contact
  • Other Phone Number: 951-233-8323
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Security System
  • Subdivision Name Other: Palermo (33112)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 669722047
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 925.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 286.49
  • Room Type: All Bedrooms Down, Family Room, Laundry, Master Bathroom, Master Bedroom, Separate Family Room
  • Spa Features: Association, Community, In Ground
  • Window Features: ENERGY STAR Qualified Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Patio And Porch Features: Enclosed, Patio, Patio Open
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, No Driveway, Parking Space

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Stackable, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Sport Court, Gym/Ex Room, Clubhouse, Billiard Room
  • Association Fee: 327.00
  • Association Fee Frequency: Monthly
  • Association Name: Palermo
  • Phone: 760-834-8948
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Suburban
  • Association Management: Millennium Community Management

Schools

  • School District: Palm Springs Unified
  • Elementary School: Vista Del Monte
  • Middle School: Raymond Cree
  • High School: Palm Springs
  • Elementary School: Vista Del Monte
  • High School: Palm Springs
  • Middle Or Junior School: Raymond Cree
  • Elementary School #2: VIDEMO
  • High School2: PALSPR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 923.00
  • Lot Size Acres: 0.0212

Multi Family

  • Lease Considered: No
  • Lot Size Area: 923.0000 Square Feet
  • Number Of Units In Community: 117
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 446.05
  • Tax Lot: 204
  • Tax Tract Number: 33561

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2019
Closed on
Mar 11, 2020
Sold by
Sph One Llp
Bought by
Russell Lindsay
Seller's Agent
Justin Tye
Active Realty
Buyer's Agent
Michael Martinez
Desert Lifestyle Properties
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$402,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,106
Avg. Annual Appreciation
8.03%
Original Mortgage
$251,750
Outstanding Balance
$223,503
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$178,603

Purchase Details

Closed on
Oct 30, 2019
Sold by
Ziafathy Ted A and Ziafathy Sorina
Bought by
Sph One Lllp

Purchase Details

Closed on
Sep 28, 2007
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Ziafathy Ted A and Ziafathy Sorina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,720
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Russell Lindsay $265,000 Ticor
Sph One Lllp $250,000 Fin Title
Ziafathy Ted A $306,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Lindsay $251,750
Previous Owner Ziafathy Ted A $251,300
Previous Owner Ziafathy Ted A $244,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2020 03/27/20 Sold $265,000 0.0% $286 / Sq Ft
02/14/2020 02/14/20 Price Changed $265,000 -1.8% $286 / Sq Ft
12/29/2019 12/29/19 For Sale $269,900 0.0% $292 / Sq Ft
03/01/2019 03/01/19 Rented $1,245 0.0% --
02/22/2019 02/22/19 Under Contract -- -- --
02/20/2019 02/20/19 For Rent $1,245 +14.7% --
02/05/2015 02/05/15 Rented $1,085 0.0% --
02/05/2015 02/05/15 Under Contract -- -- --
01/31/2015 01/31/15 For Rent $1,085 0.0% --
10/15/2014 10/15/14 Rented $1,085 0.0% --
10/01/2014 10/01/14 Under Contract -- -- --
09/15/2014 09/15/14 For Rent $1,085 +5.9% --
01/22/2013 01/22/13 Rented $1,025 0.0% --
01/22/2013 01/22/13 Under Contract -- -- --
12/20/2012 12/20/12 For Rent $1,025 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,192 $289,812 $49,212 $240,600
2023 $4,192 $278,560 $47,302 $231,258
2022 $4,228 $273,099 $46,375 $226,724
2021 $4,113 $267,745 $45,466 $222,279
2020 $3,753 $250,000 $45,000 $205,000
2019 $3,214 $206,960 $52,000 $154,960
2018 $3,106 $199,000 $50,000 $149,000
2017 $2,928 $185,000 $46,000 $139,000
2016 $2,894 $185,000 $46,000 $139,000
2015 $2,812 $185,000 $46,000 $139,000
2014 $2,812 $185,000 $46,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19283372

California Regional Multiple Listing Service (CRMLS)

APN: 669-722-047