NOT LISTED FOR SALE

400 W Arenas Rd Unit 7 Palm Springs, CA 92262

Historic Tennis Club Neighborhood

Estimated Value: $328,000 - $399,000

1 Bed
1 Bath
700 Sq Ft
436 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $195,000 $279 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,294/month

14 Days on Market

About This Home

As of September 2015

A mid century modern jewel, awaiting someone to revive this Cinderella apartment with their own dream. Apartment/condo is sold, 'as is' and does need someone who has a vision to turn this unit #7 into the showplace it can be. The very best location in Palm Springs close to shops and restaurants, about 5 blocks and you are in the heart of downtown Palm Springs. #7 has it's own patio. The community pool in the center of the common area courtyard really brings to mind all the old photos of the Palm Springs Mid Century period. Come and find your Palm Springs passion at the '400' and Unit #7.

Last Agent to Sell the Property

Sally Logan

Berkshire Hathaway Home Services California Properties License #01811289 Listed on: 08/23/2015

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Brad Hudson

BD Homes-The Paul Kaplan Group License #01954221

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,013

Year Built

1956

Lot Details

0

Listing Details

  • Active Date: 2015-08-23
  • Full Bathroom: 1
  • Building Size: 700.0
  • Building Structure Style: Modern
  • Driving Directions: Downtown Palm Springs, from Indian or Palm Canyon, turn on Arenas toward the mountains. 6+ blocks on your right is 400 Arenas. #7 is the very first unit.
  • Full Street Address: 400 W ARENAS RD
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-09-27
  • Unit Floor In Building: 1
  • Total Number of Units: 9
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Appliances: Range
  • Advertising Remarks: A mid century modern jewel, awaiting someone to revive this Cinderella apartment with their own dream. Apartment/condo is sold, 'as is' and does need someone who has a vision to turn this unit #7 into the showplace it can be. The very best location in P
  • Total Bedrooms: 1
  • Builders Tract Code: 5270
  • Builders Tract Name: TENNISCLUB-400 WEST
  • Fireplace: No
  • Floor Material: Concrete Slab
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 436
  • Common Walls: Attached
  • Patio: Patio Open

Garage/Parking

  • Parking Type: On street

Utilities

  • Cooling Type: Air Conditioning

Condo/Co-op/Association

  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Rules: Call for Rules
  • Association Name: 400 Arenas
  • HOA Fees: 300.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2015
Closed on
Sep 9, 2015
Sold by
Underwood Tom
Bought by
Bailey Pamela M and Andruchow Curtiss A
Seller's Agent
Sally Logan
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Brad Hudson
BD Homes-The Paul Kaplan Group
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Current Estimated Value
$373,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,014
Avg. Annual Appreciation
6.40%
Original Mortgage
$141,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2005
Sold by
Phillips Tracy Bartiett
Bought by
Phillips Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,490
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2005
Sold by
Phillips Peter L
Bought by
Underwood Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,490
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2001
Sold by
Phillips Tracy L Bartlett
Bought by
Phillips Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Hoganson Goulding A and Hoganson Gloria J
Bought by
Phillips Peter L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1998
Sold by
Susan Woods
Bought by
Hoganson Goulding A and Hoganson Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
7.13%
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
Bailey Pamela M $195,000 Orange Coast Title Company
Phillips Peter L -- Southland Title Corporation
Underwood Tom $275,000 Southland Title Corporation
Phillips Peter L -- Old Republic Title
Phillips Peter L $95,000 Old Republic Title
Hoganson Goulding A $66,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Pamela M $103,960
Closed Bailey Pamela M $103,960
Closed Bailey Pamela M $141,000
Previous Owner Underwood Tom $147,000
Previous Owner Underwood Tom $177,000
Previous Owner Underwood Tom $247,490
Previous Owner Phillips Peter L $88,000
Previous Owner Phillips Peter L $85,500
Previous Owner Hoganson Goulding A $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $195,000 -2.0% $279 / Sq Ft
08/23/2015 08/23/15 For Sale $199,000 -- $284 / Sq Ft
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 $3,013 $230,833 $69,247 $161,586
2023 $3,013 $221,871 $66,559 $155,312
2022 $3,070 $217,521 $65,254 $152,267
2021 $3,012 $213,257 $63,975 $149,282
2020 $2,884 $211,072 $63,320 $147,752
2019 $2,837 $206,934 $62,079 $144,855
2018 $2,787 $202,877 $60,863 $142,014
2017 $2,748 $198,900 $59,670 $139,230
2016 $2,673 $195,000 $58,500 $136,500
2015 $1,988 $152,000 $38,000 $114,000
2014 $1,813 $138,000 $34,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Sally Logan

    Seller's Agent in 2015

    Sally Logan

    Berkshire Hathaway Home Services California Properties

    (760) 401-3831

    18 Total Sales

    Section Image
  • Brad Hudson

    Buyer's Agent in 2015

    Brad Hudson

    BD Homes-The Paul Kaplan Group

    (310) 867-0521

    61 Total Sales

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Map

Source: The MLS

MLS Number: 15-934991PS

The MLS

APN: 513-470-008

California Riverside County Palm Springs 92262 Historic Tennis Club

400 W Arenas Rd Unit 7, Palm Springs, CA

This home is located at 400 W Arenas Rd Unit 7, Palm Springs, CA 92262 since 23 August 2015 and is currently estimated at $373,014, approximately $532 per square foot. This property was built in 1956. 400 W Arenas Rd Unit 7 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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