NOT LISTED FOR SALE

Estimated Value: $621,122 - $715,000

2 Beds
2.5 Baths
1,260 Sq Ft
$500/mo HOA Fee

Last Sold June 02, 2023

Last sale price $650,000 $516 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,796/month

62 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Gated Community
  • Two Primary Bathrooms

About This Home

As of June 2023

Nestled in the Historic Tennis Club neighborhood, this condo exemplifies resort-style living with spectacular mountain views and close proximity to downtown Palm Springs. Just three blocks from downtown, you can enjoy all the amenities Palm Springs has to offer like dining, entertainment, Village Fest and shopping. The Silver Palm community features only 8 units with access to a pool and spa. This condo boasts porcelain tile flooring throughout the living room, kitchen, and dining room. The kitchen boasts a built-in electric range, access to the powder room, a large island with a wine fridge, and easy access to the dining room - fully equipped with a wet bar perfect for entertaining.  Enjoy your morning coffee or dinner in your private, walled patio with ample room and stunning mountain views. Both Master en-suites are upstairs with private patios and expansive panoramic views of the San Jacinto Mountains, pool, and courtyard fountain. FEE Simple Land -You Own. 

Last Agent to Sell the Property

Marc Lange

Equity Union License #01407481 Listed on: 03/23/2023

Equity Union

Last Buyer's Agent

Jason Cochran

eXp Realty of California, Inc. License #01947240

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,315

Year Built

  • Built in 1983

Lot Details

  • End Unit
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Back Yard

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,260 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Shutters
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Area

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Two Primary Bathrooms
  • Powder Room
  • Double Vanity
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • On-Street Parking
  • 1 Assigned Parking Space

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 513136003

Community Details

Overview

  • Association fees include building & grounds, water, trash, maintenance paid
  • 8 Units
  • Tennis Club Subdivision
  • On-Site Maintenance

Amenities

  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,315

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South
  • Levels: Two
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Turnkey Furnished
  • List Price per Sq Ft: 515.87
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 8
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: CVWD
  • Year Built: 1983
  • Listing I D: 219092669
  • Listing Member Address: 16820 Ventura Blvd., Veronica Fiorella, Encino, CA 91436
  • Listing Office Address: 460 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (818) 380-5100
  • Selling Office Address: 2603 Camino Ramon, Suite 200, San Ramon, CA 94583
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Tennis Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Built-In Features, Wet Bar, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Up
  • Total Bedrooms: 2
  • Bathroom Features: 2 Master Baths, Tile Shower, Shower Stall, Powder Room, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Island, Stone Counters, Remodeled
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 1260.00
  • Windows Treatments: Drapes, Shutters, Screens, Skylight(s)

Exterior Features

  • Construction: Stucco
  • Roofing: Flat, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Balcony, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest, On Street
  • Total Parking Spaces: 1.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Card/Code Access, Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Maintenance Paid
  • Association Amenities: Guest Parking, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 513136003
  • Lot Description: Back Yard, Utilities Underground, Landscaped
  • Lot Size: 1307.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 15, 2023
Sold by
Davis Family Trust
Bought by
Bunker Family Living Trust
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Jason Cochran
eXp Realty of California, Inc.
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%
Current Estimated Value
$658,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,110
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Jul 21, 2020
Closed on
Jul 27, 2020
Sold by
Bines Lawrence J
Bought by
Davis William E and Davis Trisha A
Seller's Agent
Anne Ferguson
Re/Max Area Experts
Buyer's Agent
Anne Ferguson
Re/Max Area Experts
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$388,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jul 26, 2016
Sold by
Hoffman Suzanne
Bought by
The Lawrence J Bines Trust
Seller's Agent
Timothy Schneider
Bennion Deville Homes
Buyer's Agent
Gary Johns
BD Homes-The Paul Kaplan Group
List Price
$379,900
Sold Price
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Closed on
Apr 4, 2005
Sold by
Heintz William B and Heintz Linda I
Bought by
Hoffman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2004
Sold by
Harvey Ted F
Bought by
Heintz William B and Heintz Linda I

Purchase Details

Closed on
Feb 18, 2003
Sold by
Harvey Ted F and Harvey Belinda T
Bought by
Harvey Ted F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
3.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 25, 2000
Sold by
Hall Patricia D and Hall Patricia Hall
Bought by
Harvey Ted F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 1999
Sold by
Udell David
Bought by
Wright Patricia
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
Bunker Family Living Trust $650,000 Lawyers Title
Davis William E $485,000 Chicago Title Inland Empire
The Lawrence J Bines Trust $380,000 Orange Coast Title Company
Hoffman Suzanne $445,000 Commonwealth Land Title Co
Heintz William B $295,000 Orange Coast Title Co
Harvey Ted F -- First American Title Ins Co
Harvey Ted F $180,000 Chicago Title Co
Wright Patricia $76,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis William E $388,000
Previous Owner Hoffman Suzanne $200,000
Previous Owner Hoffman Suzanne $200,000
Previous Owner Harvey Ted F $141,000
Previous Owner Harvey Ted F $143,600
Previous Owner Harvey Ted F $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $650,000 0.0% $516 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $650,000 -10.3% $516 / Sq Ft
03/23/2023 03/23/23 For Sale $725,000 +49.5% $575 / Sq Ft
09/18/2020 09/18/20 Sold $485,000 -2.8% $385 / Sq Ft
07/21/2020 07/21/20 For Sale $499,000 +31.4% $396 / Sq Ft
08/11/2016 08/11/16 Sold $379,900 0.0% $302 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $379,900 -- $302 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $8,315 $676,260 $202,878 $473,382
2023 $8,315 $504,594 $150,858 $353,736
2022 $6,642 $494,700 $147,900 $346,800
2021 $6,509 $485,000 $145,000 $340,000
2020 $5,263 $403,149 $120,943 $282,206
2019 $5,175 $395,245 $118,572 $276,673
2018 $5,081 $387,497 $116,249 $271,248
2017 $5,009 $379,900 $113,970 $265,930
2016 $4,092 $310,000 $77,000 $233,000
2015 $3,776 $293,000 $73,000 $220,000
2014 $3,439 $264,000 $66,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219092669

Greater Palm Springs Multiple Listing Service

APN: 513-136-003