NOT LISTED FOR SALE

Estimated Value: $601,000 - $726,000

2 Beds
2.5 Baths
1,596 Sq Ft
$411/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $463,000 $290 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,508/month

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Palm Springs High School Rated A-
  • Gated Community
  • Two Primary Bathrooms

About This Home

As of February 2021

Welcome to 48@Arenas - the exclusive gated community only 3 blocks from the heart of downtown Palm Springs. Enter this beautiful town home into the Great Room featuring a living area with inviting fireplace opening onto the enclosed, private patio on one end and Kitchen/Dining area on the other - perfect for free flowing entertaining or relaxing by the fire . The kitchen has an updated breakfast bar. The 2 covered carports have direct access from the kitchen. A laundry closet off the kitchen and a powder room complete the downstairs. Upstairs is a landing (perfect for a home office) leading to 2 generously sized master suites. The main Master bath has been totally remodeled. 2 carport spaces. The home is steps to one of the 4 pools/spas and beautiful mountains vistas. A perfect full time home or pied-a-terre where you can safely lock and leave. And where you can easily walk to all the magic Palm Springs has to offer. Most of the furnishings are available - list and prices upon request.

Last Agent to Sell the Property

Jeff Palmer

Bennion Deville Homes License #01826978 Listed on: 12/11/2020

Bennion Deville Homes

Last Buyer's Agent

Stephen Sullivan

License #01321825

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,143

Year Built

  • Built in 2002

Lot Details

  • 871 Sq Ft Lot
  • Gated Home

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Peek-A-Boo
  • Courtyard

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Custom Window Coverings
  • Great Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Two Primary Bathrooms
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 508-088-048

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance
  • 48 Units
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,143

Year Built

Built in 2002

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Builders Tract Code: 5280
  • Complex Name: 48@Arenas
  • Entry Floor: 1
  • Living Area: 1596
  • Lot Acreage: 0.0200
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2002
  • Builders Tract Name: 48 @ Arenas
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Great Room
  • Flooring: Ceramic Tile, Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms, Master Suite, All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Powder Room
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Microwave, Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 296.05
  • Windows: Double Pane Windows, Custom Window Covering, Skylights

Exterior Features

  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Courtyard, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Carport Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central, Forced Air
  • Security: Card/Code Access, Gated
  • Water: Public

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Pool, Spa
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance
  • HOA Fees: 500.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 508-088-048
  • Lot Size Area: 871

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 6, 2021
Sold by
Nixon James C and The James C Nixon 1997 Revocab
Bought by
Mourchid Younes and Younes Mourchid Living Trust
Seller's Agent
Jeff Palmer
Bennion Deville Homes
Buyer's Agent
Stephen Sullivan
List Price
$472,500
Sold Price
$463,000
Premium/Discount to List
-$9,500
-2.01%
Current Estimated Value
$656,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,195
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Nixon James C
Bought by
Nixon James C

Purchase Details

Closed on
Apr 5, 2010
Sold by
Nixon James C
Bought by
Nixon James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
Nixon James C
Bought by
Nixon James C

Purchase Details

Closed on
Mar 6, 2008
Sold by
Pisula Gary
Bought by
Nixon James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2005
Sold by
Mancini James David and Kensen Luke Chang
Bought by
Pisula Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 16, 2004
Sold by
Mancini James David
Bought by
Mancini James David and Kensen Luke Chang

Purchase Details

Closed on
Mar 25, 2004
Sold by
Mancini J David and Swift David A
Bought by
Mancini J David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.57%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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
Mourchid Younes $463,000 Orange Coast Title Company
Nixon James C -- None Available
Nixon James C -- Fidelity Natl Title Ins Co
Nixon James C -- None Available
Nixon James C $385,000 Commonwealth Land Title Co
Pisula Gary $478,000 Commonwealth Land Title Co
Mancini James David -- --
Mancini J David -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nixon James C $125,000
Previous Owner Nixon James C $142,000
Previous Owner Nixon James C $150,000
Previous Owner Pisula Gary $382,400
Previous Owner Mancini J David $304,000
Previous Owner Swift David A $35,000
Previous Owner Swift David A $239,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $463,000 -2.0% $290 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $472,500 -- $296 / Sq Ft
Source: The MLS

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 $6,143 $501,164 $54,121 $447,043
2023 $6,143 $481,705 $52,020 $429,685
2022 $6,352 $472,260 $51,000 $421,260
2021 $6,188 $467,173 $116,788 $350,385
2020 $5,913 $462,384 $115,591 $346,793
2019 $5,774 $450,320 $112,320 $338,000
2018 $5,560 $433,000 $108,000 $325,000
2017 $5,323 $412,000 $103,000 $309,000
2016 $5,269 $412,000 $103,000 $309,000
2015 $4,830 $387,000 $97,000 $290,000
2014 $4,578 $364,000 $91,000 $273,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-668690

The MLS

APN: 508-088-048