NOT LISTED FOR SALE

Estimated Value: $176,676 - $191,000

1 Bed
1 Bath
589 Sq Ft
436 Sq Ft Lot

Last Sold April 01, 2015

Last sale price $60,000 $102 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $1,114/month

319 Days on Market

About This Home

As of April 2015

Palm Springs Villas I, this is a top floor condo. Upon entering you will find tiled floors throughout except for bedroom which has a sisal carpet. The kitchen is a galley style with stainless steel appliances that include refrigerator, built-in microwave, electric flat cooktop stove. There is a small balcony just off the living room. At Palm Springs Villas I you will find plenty of carport parking, a number of community pool & spa areas, tennis courts, and community laundry facilities. New AC installed in 2010.

Last Agent to Sell the Property

Donna Larson

Larson Desert Realty License #01325948 Listed on: 05/02/2014

Co-Listed By

Sandy Jacobo

Re/Max Desert Properties License #01946658

Last Buyer's Agent

Michael Donato

Bennion Deville Home Referrals License #01937391

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,113

Year Built

1981

Lot Details

0

Listing Details

  • Entry Location: Top Level
  • Unit Location: 2nd floor
  • Active Date: 2014-05-02
  • Full Bathroom: 1
  • Building Size: 589.0
  • Building Structure Style: Contemporary
  • Doors: Sliding Glass Door(s)
  • Driving Directions: Upstairs unit in building 510 and/or building #7
  • Full Street Address: 510 N VILLA CT
  • Pool Construction: In Ground
  • Pool Descriptions: Association Pool, Community Pool, Fenced
  • Primary Object Modification Timestamp: 2015-10-01
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 2
  • Total Number of Units: 244
  • View Type: Desert View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: Master Bedroom
  • Eating Areas: Dining Area, Dining Ell
  • Appliances: Microwave, Range, Free Standing Electric
  • Advertising Remarks: Palm Springs Villas I, this is a top floor condo. Upon entering you will find tiled floors throughout except for bedroom which has a sisal carpet. The kitchen is a galley style with stainless steel appliances that include refrigerator, built-in microwave
  • Total Bedrooms: 1
  • Builders Tract Code: 5060
  • Builders Tract Name: PALM SP VILLAS I
  • Fireplace: No
  • Levels: Top Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Interior Amenities: Living Room Balcony, Recessed Lighting
  • Appliances: Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Galley Kitchen
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 436
  • Common Walls: Attached
  • Direction Faces: Faces East
  • Other Features: Balcony
  • Community Features: Community Mailbox
  • Windows: Vertical Blinds
  • Water: District/Public

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Carport, Unassigned

Utilities

  • Sewer: In, Connected & Paid
  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Type: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Guest Parking, Tennis Courts
  • HOA: No
  • Association Rules: Call for Rules
  • Mgmt Co 2: PALM SPRINGS HOMES AND LEASING
  • Mgmt Co 2 Phone: 760-832-9963
  • Association Name: Palm Springs Villas I

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Mar 18, 2015
Sold by
Lau Benjamin H and Lau Esther
Bought by
Davila Paul G
Seller's Agent
Donna Larson
Larson Desert Realty
Buyer's Agent
Michael Donato
Bennion Deville Home Referrals
List Price
$78,000
Sold Price
$60,000
Premium/Discount to List
-$18,000
-23.08%
Current Estimated Value
$184,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,897
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
Jun 12, 2006
Sold by
Macdonald Mathew M
Bought by
Lau Benjamin H and Lau Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 4, 2005
Sold by
Albi Georgina E
Bought by
Macdonald Mathew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2002
Sold by
Albi Yvonne Z
Bought by
Albi Yvonne Z

Purchase Details

Closed on
Jan 21, 2002
Sold by
Albi Yvonne Z
Bought by
Albi Yvonne Z

Purchase Details

Closed on
Apr 18, 1993
Sold by
Albi Michael C and Albi Yvonne Z
Bought by
Albi Michael C and Albi Yvonne Z
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
Davila Paul G $60,000 Orange Coast Title Company
Lau Benjamin H $137,000 Orange Coast Title
Macdonald Mathew M $119,000 Chicago Title Co
Albi Yvonne Z -- --
Albi Yvonne Z -- --
Albi Michael C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Benjamin H $68,500
Previous Owner Macdonald Mathew M $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2015 04/01/15 Sold $60,000 -13.7% $102 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
12/31/2014 12/31/14 Price Changed $69,500 -6.1% $118 / Sq Ft
09/03/2014 09/03/14 Price Changed $74,000 -5.1% $126 / Sq Ft
05/02/2014 05/02/14 For Sale $78,000 0.0% $132 / Sq Ft
04/24/2013 04/24/13 Rented $600 0.0% --
04/22/2013 04/22/13 Under Contract -- -- --
04/05/2013 04/05/13 For Rent $600 0.0% --
04/01/2013 04/01/13 Rented $600 0.0% --
03/27/2013 03/27/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $600 -- --
Source: Palm Springs Regional 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 $1,113 $72,100 $18,022 $54,078
2023 $1,113 $69,302 $17,323 $51,979
2022 $1,131 $67,944 $16,984 $50,960
2021 $1,112 $66,612 $16,651 $49,961
2020 $1,073 $65,930 $16,481 $49,449
2019 $1,058 $64,638 $16,158 $48,480
2018 $1,043 $63,372 $15,842 $47,530
2017 $1,031 $62,131 $15,532 $46,599
2016 $1,007 $60,914 $15,228 $45,686
2015 $1,186 $79,000 $20,000 $59,000
2014 $1,112 $74,000 $18,000 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-757443PS

APN: 504-043-058