NOT LISTED FOR SALE

Estimated Value: $696,000 - $725,000

2 Beds
2.5 Baths
1,596 Sq Ft
$667/mo HOA Fee

Last Sold June 01, 2023

Last sale price $659,000 $413 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,190/month

41 Days on Market

Highlights

  • Filtered Pool
  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Palm Springs High School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of June 2023

Designer inspired townhouse-style living in the modern, gated community of 48@Arenas. This 2 bedroom, 2 bath 1596 sq ft condo is an easy walk to all the best of Downtown Palm Springs: Dining, retail, Arenas District, Agua Caliente Casino and the new Spa and Museum. Splendid interior design with spacious ground floor layout, high ceilings, fireplace, open-concept living/dining/kitchen with lushly landscaped, walled patio for entertaining or quiet outdoor relaxing. All this brings a chic urban aesthetic to the desert. The kitchen has a quartz breakfast bar, stainless steel appliances and stackable in-unit washer/dryer. Upstairs features two huge primary suites with an abundance of closet space and each with its own en-suite bath. Guest shower has been newly remodeled. Sliders and wrap around window off of primary bedroom balcony with inspiring mountain views. Unit has two dedicated covered parking spaces and the community features four pools and spas. Fee-simple land. No lease payment. HOA dues include earthquake insurance, water and trash. Contact us today to book your viewing!

Last Agent to Sell the Property

Jim Briguglio

Berkshire Hathaway HomeServices California Properties License #01471476 Listed on: 04/17/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Guy Miracle

Sotheby's International Realty License #01969004

Last Buyer's Agent

Stephen Powell

License #01488821

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,551

Year Built

  • Built in 2002

Lot Details

  • North Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Prewired Security

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Granite Bathroom Countertops
  • Shower Only

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 508-088-051

Community Details

Overview

  • Association fees include trash, water, earthquake insurance
  • 48 Units
  • Association Phone (760) 346-1161

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,551

Year Built

Built in 2002

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Builders Tract Code: 5280
  • Complex Name: 48@Arenas
  • Entry Floor: 2
  • Living Area: 1596
  • Lot Acreage: 0.0200
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 2002
  • Builders Tract Name: 48 @ Arenas
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Common Walls, Laundry - Closet Stacked, Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Living Room
  • Flooring: Wood, Carpet, Tile
  • Appliances: Oven, Microwave, Cooktop - Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Up, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Remodeled, Granite, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, In Kitchen, Breakfast Counter / Bar
  • Kitchen Features: Granite Counters
  • Laundry: In Kitchen, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Gas Or Electric Dryer Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 425.44
  • Windows: Window Blinds, Screens, Skylights

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony
  • Patio: Balcony, Patio Open
  • Pool Description: Association Pool, Filtered, Gunite, Community
  • Pool: Yes
  • Spa: Heated, Gunite, Association Spa
  • Spa Yn: Yes
  • View: Pool, Mountains, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached
  • Total Parking: 2

Utilities

  • Volt 220: In Kitchen
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Gated, Prewired for alarm system, Fire Sprinklers, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Sewer: In Street Paid
  • Water: Public

Association/Amenities

  • Amenities: Pool, Spa, Gated Community
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Earthquake Insurance
  • HOA Fees: 667.00
  • Phone: 7603461161|
  • HOA: Yes

Schools

  • School District: Palm Springs Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 508-088-051
  • Lot Size Area: 871

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 48

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 17, 2023
Sold by
Nezgoda Family Trust
Bought by
Boughner David H 2003 Family Trust
Seller's Agent
Jim Briguglio
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Stephen Powell
List Price
$679,000
Sold Price
$659,000
Premium/Discount to List
-$20,000
-2.95%
Views
2
Current Estimated Value
$704,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,645
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Mathews Ross and Ross Mathews Living Trust
Bought by
Nezgoda Dianne J and Nezgoda Family Trust

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 12, 2019
Sold by
Bridgewater Kirk
Bought by
Mathews Ross
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Arleen Cohen-Bianchi
Keller Williams Realty
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$295,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2017
Closed on
Nov 9, 2017
Sold by
Farden James and Landeck Stephen
Bought by
Bridgewater Kirk
Seller's Agent
Robert Garcia
Bennion Deville Homes
Buyer's Agent
Marc Lange
Equity Union
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$333,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Farden James and Landeck Stephen
Bought by
Farden Landeck Marital Trust

Purchase Details

Listed on
Jul 4, 2013
Closed on
Dec 5, 2013
Sold by
Tibbs Todd R
Bought by
Farden James
Seller's Agent
Gayle DeWitt
Coldwell Banker Realty
Buyer's Agent
Gayle DeWitt
Coldwell Banker Realty
List Price
$399,000
Sold Price
$372,000
Premium/Discount to List
-$27,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Oct 8, 2009
Sold by
Tibbs Todd R and Tuttle Monte J
Bought by
Tibbs Todd R

Purchase Details

Closed on
Mar 3, 2008
Sold by
Sun Vera and Kia Parandeh
Bought by
Tibbs Todd R and Tuttle Monte J

Purchase Details

Closed on
Feb 18, 2004
Sold by
Souriall Nancy Carol
Bought by
Sun Vera and Kia Parandeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.56%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 11, 2002
Sold by
Palm Springs Modern Homes I Llc
Bought by
Souriall Nancy Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Boughner David H 2003 Family Trust $669,000 Orange Coast Title
Nezgoda Dianne J $564,000 Equity Title Company
Mathews Ross $445,000 Orange Coast Title
Bridgewater Kirk $445,000 Lawyers Title
Farden Landeck Marital Trust -- None Available
Farden James -- None Available
Farden James $372,000 Equity Title Orange County-I
Tibbs Todd R $150,000 None Available
Tibbs Todd R $367,500 Equity Title Company
Sun Vera $355,000 First American Title Co
Souriall Nancy Carol $260,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Ross $295,000
Previous Owner Bridgewater Kirk $333,750
Previous Owner Sun Vera $310,000
Previous Owner Sun Vera $284,000
Previous Owner Souriall Nancy Carol $199,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $659,000 -2.9% $413 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $679,000 +52.6% $425 / Sq Ft
06/17/2019 06/17/19 Sold $445,000 -1.1% $279 / Sq Ft
05/09/2019 05/09/19 Price Changed $449,900 -1.4% $282 / Sq Ft
05/02/2019 05/02/19 Price Changed $456,500 -0.5% $286 / Sq Ft
03/19/2019 03/19/19 For Sale $459,000 +3.1% $288 / Sq Ft
12/11/2017 12/11/17 Sold $445,000 -0.9% $279 / Sq Ft
11/01/2017 11/01/17 For Sale $449,000 +20.7% $281 / Sq Ft
12/13/2013 12/13/13 Sold $372,000 -6.8% $233 / Sq Ft
07/04/2013 07/04/13 For Sale $399,000 -- $250 / 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 $8,551 $696,025 $174,007 $522,018
2023 $8,551 $447,827 $39,699 $408,128
2022 $5,832 $439,047 $38,921 $400,126
2021 $6,168 $458,602 $51,528 $407,074
2020 $5,894 $453,900 $51,000 $402,900
2019 $5,818 $453,900 $113,475 $340,425
2018 $5,710 $445,000 $111,250 $333,750
2017 $5,084 $392,921 $98,230 $294,691
2016 $4,937 $385,217 $96,304 $288,913
2015 $4,738 $379,432 $94,858 $284,574
2014 $4,762 $372,000 $93,000 $279,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-257867

The MLS

APN: 508-088-051