NOT LISTED FOR SALE

655 E Arenas Rd Palm Springs, CA 92262

Baristo Neighborhood

Estimated Value: $634,000 - $677,000

2 Beds
2.5 Baths
1,593 Sq Ft
$485/mo HOA Fee

Last Sold May 31, 2019

Last sale price $495,000 $311 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,626/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Furnished

About This Home

As of May 2019

One of the best VIEW units in all of 48@Arenas! This 2BR/2.5Bath elegant Loft style home offers open concept living with multiple outdoor living areas. Enjoy the great room living space with FP and dramatic two story ceilings which opens to a spacious upgraded kitchen with breakfast bar and stainless appliances. This modern concept home features a two Master Suite configuration, one on each floor. The downstairs BR has a private patio, huge walk in closet and en-suite bath. The upstairs loft BR with a glass wall, double glass door entry and floor to ceiling dramatic curtains & sheers create a private Master retreat. Entertain inside or on the spacious exterior deck showcasing panoramic Western mountain views! This gated community on Fee Land is steps to the downtown Palm Springs entertainment district and includes your use of multiple pools/spas and assigned carport parking next to back door. Offered furnished per inventory including washer/dryer.

Last Agent to Sell the Property

Will Cook

Keller Williams Luxury Homes License #01879277 Listed on: 04/12/2019

Co-Listed By

Will Cook Group

Keller Williams Luxury Homes License #01879277

Last Buyer's Agent

Will Cook Group

Keller Williams Luxury Homes License #01879277

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,751

Year Built

  • Built in 2002

Lot Details

  • 1,742

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Stucco Exterior

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • 2 Car Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • In Ground Spa
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 508088047

Community Details

Overview

  • Association fees include building & grounds, water, trash
  • 48 @ Arenas Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,751

Year Built

Built in 2002

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South
  • Levels: Two
  • Builders Tract Code: 48 @ Arenas
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Modern
  • Included In Sale: Furnished per inventory, washer, dryer, fridge
  • List Price per Sq Ft: 310.73
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2002
  • Co Listing Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 322-9266
  • Co Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 322-9266
  • Listing I D: 219012761
  • Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: 48 @ Arenas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile, Mixed
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1593.00

Exterior Features

  • Construction: Stucco
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash
  • Association Amenities: Controlled Access, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 485.00
  • Total Monthly Association Fees: 485.00

Lot Info

  • Assessor Parcel Number: 508088047
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 15, 2019
Sold by
Schaefer George F
Bought by
Wong Ki Yue
Seller's Agent
Will Cook
Keller Williams Luxury Homes
Buyer's Agent
Will Cook Group
Keller Williams Luxury Homes
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$657,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,928
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Jan 15, 2013
Sold by
Schwartz Stuart E and Schaefer George F
Bought by
Schaefer George F

Purchase Details

Closed on
Jan 10, 2008
Sold by
Cp Acquisition Lp
Bought by
Schwartz Stuart E and Schaefer George F
Source: Public Records

Range of Values:

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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
Wong Ki Yue $495,000 Orange Coast Title Company
Schaefer George F -- Accommodation
Schwartz Stuart E $423,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Springs Modern Homes I Llc $3,854,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $495,000 0.0% $311 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $495,000 -- $311 / 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 $6,751 $552,178 $55,774 $496,404
2023 $6,751 $530,738 $53,609 $477,129
2022 $6,882 $520,332 $52,558 $467,774
2021 $6,742 $510,130 $51,528 $458,602
2020 $6,441 $504,900 $51,000 $453,900
2019 $5,861 $450,320 $127,920 $322,400
2018 $5,647 $433,000 $123,000 $310,000
2017 $5,410 $412,000 $117,000 $295,000
2016 $5,355 $412,000 $117,000 $295,000
2015 $4,914 $387,000 $110,000 $277,000
2014 $4,664 $364,000 $103,000 $261,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Will Cook

    Keller Williams Luxury Homes

  • W

    Seller Co-Listing Agent in 2019

    Will Cook Group

    Keller Williams Luxury Homes

    Section Image

  • W

    Buyer Co-Listing Agent in 2019

    William Seals

    Berkshire Hathaway HomeServices California Properties

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219012761

California Desert Association of REALTORS®

APN: 508-088-047

California Riverside County Palm Springs 92262 Baristo

655 E Arenas Rd, Palm Springs, CA

This home is located at 655 E Arenas Rd, Palm Springs, CA 92262 since 12 April 2019 and is currently estimated at $657,928, approximately $413 per square foot. This property was built in 2002. 655 E Arenas Rd is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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