NOT LISTED FOR SALE

401 S El Cielo Rd Unit 85 Palm Springs, CA 92262

Estimated Value: $298,000 - $342,000

2 Beds
2 Baths
1,084 Sq Ft
$425/mo HOA Fee

Last Sold January 14, 2025

Last sale price $315,000 $291 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,455/month

83 Days on Market

Highlights

  • Mountain View
  • Community Pool
  • Central Heating and Cooling System
  • Palm Springs High School Rated A-
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of January 2025

This beautiful two-bedroom, two-bathroom downstairs condo offers stunning mountain views and modern upgrades throughout. The updated kitchen features sleek countertops, designer kitchen faucet, new garbage disposal, a modern LED chandelier in the dining room, and newer appliances, perfect for cooking and entertaining. The master bathroom has been tastefully renovated with stylish fixtures and finishes. Enjoy the comfort of single-level living with easy access to outdoor spaces. This condo combines convenience with beautiful surroundings, making it an ideal place to call home. The pool is just behind the unit, and the tennis courts and trash drop are conveniently nearby. The private developer land lease has been recently adjusted and extends through 2076. Everything is ready for you to move in and enjoy hassle-free living. 30-day minimum rental. HOA includes WiFi, cable tv, water and trash.

Last Agent to Sell the Property

Wafa Rodriguez

REALTY MASTERS & ASSOCIATES Brokerage Email: wafa@realestatebywafa.com License #01989465 Listed on: 09/18/2024

REALTY MASTERS & ASSOCIATES

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Land Lease of $2,089 per year

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,084 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 19396
  • Assessor Parcel Number 502263086
  • $252 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 240 Units
  • Desert La Palme Homeowners Association, Phone Number (760) 346-1161
  • Desert Resort Management HOA
  • La Palme Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: La Palme (33229)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 502263086
  • Year Built: 1988
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1084.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 290.59
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Features: Association, Community
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Cable TV, Trash, Water, Pet Rules, Call for Rules
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: Desert La Palme Homeowners Association
  • Phone: 7603461161
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Desert Resort Management

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Land Lease Amount: 2089.00
  • Land Lease Amount Frequency: Annually

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 240
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 447.01
  • Tax Lot: 4
  • Tax Tract Number: 19396
  • TaxOtherAnnualAssessmentAmount: 252.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Trillana Myrna Yu
Current Estimated Value
$326,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Harris Thomas C and Cave Gwyneth Kay
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Trillana Myrna Yu $114,000 Stewart Title Of California
Trillana Myrna Yu -- Stewart Title Of California
Federal National Mortgage Association $142,404 Landsafe Default Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trillana Myrna Yu $108,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2025 01/14/25 Sold $315,000 +5.4% $291 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
12/10/2024 12/10/24 For Sale $299,000 -5.1% $276 / Sq Ft
12/09/2024 12/09/24 Off Market $315,000 -- --
11/21/2024 11/21/24 Price Changed $299,000 -0.3% $276 / Sq Ft
11/21/2024 11/21/24 Price Changed $300,000 -10.4% $277 / Sq Ft
11/16/2024 11/16/24 Price Changed $335,000 -1.5% $309 / Sq Ft
10/15/2024 10/15/24 Price Changed $340,000 -2.9% $314 / Sq Ft
09/18/2024 09/18/24 For Sale $350,000 -- $323 / Sq Ft
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 $3,749 $373,320 $128,520 $244,800
2023 $3,749 $281,948 $94,676 $187,272
2022 $3,822 $276,420 $92,820 $183,600
2021 $2,153 $147,361 $48,151 $99,210
2020 $2,065 $145,851 $47,658 $98,193
2019 $2,033 $142,992 $46,724 $96,268
2018 $1,999 $140,189 $45,808 $94,381
2017 $1,973 $137,441 $44,910 $92,531
2016 $1,921 $134,747 $44,030 $90,717
2015 $1,835 $132,725 $43,370 $89,355
2014 $1,798 $130,126 $42,521 $87,605
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV24194179

California Regional Multiple Listing Service (CRMLS)

APN: 502-263-086