NOT LISTED FOR SALE

42391 Rancho Las Palmas Dr Unit 22 Rancho Mirage, CA 92270

Estimated Value: $339,193 - $395,000

2 Beds
1.5 Baths
915 Sq Ft
$353/mo HOA Fee

Last Sold July 13, 2021

Last sale price $290,000 $317 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,722/month

78 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Quartz Countertops
  • Midcentury Modern Architecture
  • 1 Fireplace
  • Enclosed Patio or Porch

About This Home

As of July 2021

Welcome to Chalet Palms, a famous, mid century A Frame property designed by famed PS architect Barry Burkus. This building was on the modernism tour in February 2020. Kitchen and bathrooms have been updated. You'll love the private patio and courtyard. Magnesia Falls Cove is a special location. It's very tranquil and peaceful. It's walking distance to The River for shopping, movies and restaurants. Come check it out! You're not going to find anything else mid century and architecturally significant at $300,000!

Last Agent to Sell the Property

Kimberly Hertel

Keller Williams Luxury Homes License #01153581 Listed on: 04/22/2021

Last Buyer's Agent

Jason Cochran

Desert Sotheby's International Realty License #01947240

Desert Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,213

Year Built

  • Built in 1965

Lot Details

  • 871

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 915 Sq Ft Home
  • 1 Fireplace
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Dining Area
  • Painted or Stained Flooring
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only in Secondary Bathroom

Parking

  • 1 Carport Space
  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Gunite Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Additional Features

  • No Interior Steps
  • Enclosed Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 684341022

Community Details

Overview

  • Association fees include building & grounds, trash, maintenance paid, insurance
  • 32 Units
  • Chalet Palms Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Call for details about the types of pets allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,213

Year Built

Built in 1965

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Building Style: Mid Century
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 327.76
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 32
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water
  • Year Built: 1965
  • Listing I D: 219060891
  • Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Office Address: 2603 Camino Ramon, Suite 200, San Ramon, CA 94583
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Chalet Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Water Line to Refrigerator, Refrigerator, Disposal
  • Range Hood: Yes
  • Flooring: Stained Concrete
  • Total Bedrooms: 2
  • Bathroom Features: Shower Stall
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Quartz Counters
  • Laundry: Community
  • Estimated Sq Ft: 915.00
  • Windows Treatments: Drapes, Blinds

Exterior Features

  • Patio: Concrete Slab, Enclosed
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: Gunite, In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Hot Tub
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Parking: Assigned, Covered
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes, Call

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Maintenance Paid, Insurance
  • Association Amenities: Guest Parking, Pet Rules, Management, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 353.00
  • Total Monthly Association Fees: 353.00

Lot Info

  • Assessor Parcel Number: 684341022
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 16, 2021
Sold by
Mclaughlin Kathleen Ann
Bought by
Aswell Amy
Seller's Agent
Kimberly Hertel
Keller Williams Luxury Homes
Buyer's Agent
Jason Cochran
Desert Sotheby's International Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Current Estimated Value
$371,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,048
Avg. Annual Appreciation
6.15%
Original Mortgage
$284,747
Outstanding Balance
$258,923
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$112,125

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 5, 2019
Sold by
Maccio Arielle N
Bought by
Mclaughlin Kathleen Ann
Seller's Agent
Mike Jeppson
HomeSmart
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$212,500
Sold Price
$209,500
Premium/Discount to List
-$3,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%
Original Mortgage
$188,550
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 17, 2018
Sold by
Palm Desert Capital Llc
Bought by
Maccio Arielle N
Seller's Agent
John Lewis
Keller Williams Realty
Buyer's Agent
Paige Maccio-Smith
HomeSmart
List Price
$229,000
Sold Price
$201,500
Premium/Discount to List
-$27,500
-12.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$191,425
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2013
Sold by
Hildebrandt Susan H
Bought by
Lewis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.27%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 24, 2013
Sold by
Hasse Patty Jean
Bought by
Hildebrandt Susan H
Source: Public Records

Range of Values:

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Average Value
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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
Aswell Amy $290,000 Lawyers Title
Mclaughlin Kathleen Ann $209,500 Fidelity National Title Ie
Maccio Arielle N $201,500 First American Title Company
Lewis James $101,500 Fidelity National Title Oran
Hildebrandt Susan H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aswell Amy $284,747
Previous Owner Mclaughlin Kathleen Ann $188,550
Previous Owner Maccio Arielle N $191,425
Previous Owner Palm Desert Capital Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $290,000 -3.3% $317 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $299,900 -4.8% $328 / Sq Ft
04/22/2021 04/22/21 For Sale $315,000 +50.4% $344 / Sq Ft
02/22/2019 02/22/19 Sold $209,500 -1.4% $229 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $212,500 +5.5% $232 / Sq Ft
08/01/2018 08/01/18 Sold $201,500 -3.6% $220 / Sq Ft
06/15/2018 06/15/18 Price Changed $209,000 -8.7% $228 / Sq Ft
03/21/2018 03/21/18 For Sale $229,000 -- $250 / 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 $4,213 $307,749 $100,814 $206,935
2023 $4,213 $295,800 $96,900 $198,900
2022 $4,204 $290,000 $95,000 $195,000
2021 $3,326 $215,902 $53,975 $161,927
2020 $3,174 $213,689 $53,422 $160,267
2019 $3,031 $201,500 $50,375 $151,125
2018 $1,890 $109,348 $26,931 $82,417
2017 $1,867 $107,204 $26,403 $80,801
2016 $1,823 $105,103 $25,886 $79,217
2015 $1,763 $103,527 $25,499 $78,028
2014 $1,763 $101,500 $25,000 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219060891

California Desert Association of REALTORS®

APN: 684-341-022