NOT LISTED FOR SALE

Estimated Value: $635,000 - $701,000

2 Beds
2.5 Baths
1,596 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: June 21, 2021

Last sale price $625,000 $392 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,768 / mo

5 Days on Market

Highlights

  • Spa
  • Gated Community
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Community Pool

About This Home

As of June 2021

This is the one at 48 @ Arenas you've been waiting for, showcasing prime South and West exposures with mountain views overlooking one of four pools in the gated complex. The unit was renovated in 2020 with high-end finishes and many smart-home features you can manage from your phone or tablet, making it the ideal home away from home. The downstairs great room opens to the wrap around patio, perfect for entertaining. Two covered, deeded parking spaces are right outside your door. Upstairs features two enormous en-suite master bedrooms with abundant closet space, complete with custom built-ins. 48 @ Arenas is ideally located a stone's throw from nightlife venues and walking distance to many of the finest restaurants in town. The unit can be delivered turn-key furnished with high-end furnishings, artwork and electronics available under separate contract. A capital improvements assessment has been fully paid.

CONTINGENCY:
PLEASE EMAIL OR TEXT PEAD TO LISTING BROKER PRIOR TO SHOWING. BLANK COPIES WILL BE AVAILABLE AT PROPERTY.

Last Agent to Sell the Property

Melinda Mason

Ford Road Properties License #00907070 Listed on: 05/25/2021

Last Buyer's Agent

Scott McBeth

Bennion Deville Homes License #02050531

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • Two or More Common Walls

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Patio Home
  • Entry on the 1st floor
  • Slab Foundation
  • Copper Plumbing

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29934
  • Assessor Parcel Number 508088056

Community Details

Overview

  • 48 Units
  • 48@Arenas Association, Phone Number (760) 346-1161
  • 48 @ Arenas Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

871 Sq Ft Lot

HOA Fees

$503 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: 48 @ Arenas (33203)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 508088056
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1596.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 391.60
  • Room Type: All Bedrooms Up, Laundry, Living Room, Master Bathroom
  • Spa Features: Community
  • Bathroom Features: Bathtub, Double Sinks In Master Bath

Exterior Features

  • Foundation: Slab
  • View: Mountain(s)
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas & Electric Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 503.00
  • Association Fee Frequency: Monthly
  • Association Name: 48@Arenas
  • Phone: 7603461161
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Street Lights
  • Association Management: 48@arenas

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 871.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 871.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Census Tract: 9414.00
  • Tax Lot: 1
  • Tax Tract Number: 29934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2025
Sold by
Wilson Edwin P
Bought by
Edwin Wilson Trust and Wilson
Current Estimated Value
$673,683

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 7, 2021
Sold by
Mason Derek M and Tu Dominic
Bought by
Wilson Edwin P
Seller's Agent
Melinda Mason
Ford Road Properties
Buyer's Agent
Scott McBeth
Bennion Deville Homes
List Price
$595,000
Sold Price
$625,000
Premium/Discount to List
$30,000
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

Purchase Details

Listed on
Jun 7, 2020
Closed on
Sep 22, 2020
Sold by
Nemeth Jack
Bought by
Mason Derek M and Tu Dominic
Seller's Agent
Jack Nemeth
Jack Nemeth, REALTOR
Buyer's Agent
Melinda Mason
Ford Road Properties
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.15%
Original Mortgage
$318,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Weis Mark M
Bought by
Nemeth Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Greenbaum Robert Strauss
Bought by
Weis Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Suggs Joseph Jude
Bought by
Greenbaum Robert Strauss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2003
Sold by
Palm Springs Modern Homes I Llc
Bought by
Suggs Joseph Jude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edwin Wilson Trust -- None Listed On Document
Wilson Edwin P $625,000 Fidelity National Title
Mason Derek M $425,000 Lawyers Title
Nemeth Jack $425,000 Southland Title Inland Empir
Weis Mark M $440,000 First American Title Co
Greenbaum Robert Strauss $365,000 First American Title Co
Suggs Joseph Jude $301,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Derek M $318,750
Previous Owner Nemeth Jack $340,000
Previous Owner Weis Mark M $356,000
Previous Owner Suggs Joseph Jude $225,000
Closed Weis Mark M $44,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $625,000 +5.0% $392 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $595,000 +40.0% $373 / Sq Ft
10/06/2020 10/06/20 Sold $425,000 -3.2% $266 / Sq Ft View Prior Sale
07/31/2020 07/31/20 Price Changed $439,000 -2.2% $275 / Sq Ft
06/22/2020 06/22/20 For Sale $449,000 +5.6% $281 / Sq Ft
06/09/2020 06/09/20 Off Market $425,000 -- --
06/07/2020 06/07/20 For Sale $449,000 -- $281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,318 $676,517 $106,077 $570,440
2023 $8,318 $650,249 $101,959 $548,290
2022 $8,486 $637,500 $99,960 $537,540
2021 $5,735 $425,000 $50,000 $375,000
2020 $6,018 $463,830 $115,690 $348,140
2019 $5,861 $450,320 $112,320 $338,000
2018 $5,647 $433,000 $108,000 $325,000
2017 $5,410 $412,000 $103,000 $309,000
2016 $5,355 $412,000 $103,000 $309,000
2015 $4,914 $387,000 $97,000 $290,000
2014 $4,664 $364,000 $91,000 $273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21110973

California Regional Multiple Listing Service (CRMLS)

APN: 508-088-056

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