NOT LISTED FOR SALE

701 E Arenas Rd Palm Springs, CA 92262

Baristo Neighborhood

Estimated Value: $687,000 - $775,000

2 Beds
3 Baths
1,794 Sq Ft
1,742 Sq Ft Lot

Last Sold June 17, 2015

Last sale price $390,000 $217 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,524/month

120 Days on Market

About This Home

As of June 2015

Location. Location. Location at a great price!! This Contemporary Central Palm Springs town home condo is at the heart of the City only 2.5 blocks to downtown Palm Springs. This 12 year old, two story, end unit town home on FEE simple land has direct access from the street. One of the largest homes in the complex, it offers 2 Master Suites with a large balcony/patio off of one of the suites. The light, open and airy first floor living area has high ceilings, fireplace, dinning area plus a breakfast bar. The L-shaped enclosed patio can be accessed from both the living and dining areas. The two master bedroom suites have generous closet space. Second floor landing area has room for a computer/office work station. Two covered parking spaces have direct access from the kitchen. The complex offers 4 pools and spas for your enjoyment.

Last Agent to Sell the Property

Trae Daniel

Bennion Deville Home Referrals License #01726492 Listed on: 01/15/2015

Bennion Deville Home Referrals

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,154

Year Built

2003

Lot Details

0

Listing Details

  • Unit Location: End
  • Active Date: 2015-01-15
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 1794.0
  • Building Structure Style: Modern
  • Driving Directions: From So. Indian Canyon Dr., go East on Arenas 2.5 blocks. Property is on the right on Arenas. Entry to the property is from the street.
  • Full Street Address: 701 E ARENAS RD
  • Pool Construction: In Ground
  • Pool Descriptions: Association Pool, Community Pool, Heated
  • Primary Object Modification Timestamp: 2015-10-05
  • Spa Construction: In Ground
  • Spa Descriptions: Association Spa, Heated
  • Unit Floor In Building: 1
  • Total Number of Units: 48
  • View Type: City View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Free Standing Gas, Microwave
  • Advertising Remarks: Location. Location. Location at a great price!! This Contemporary Central Palm Springs town home condo is at the heart of the City only 2.5 blocks to downtown Palm Springs. This 12 year old, two story, end unit town home on FEE simple land has direct acc
  • Total Bedrooms: 2
  • Builders Tract Code: 5280
  • Builders Tract Name: 48 @ ARENAS
  • Fireplace: Yes
  • Levels: Two Level
  • Spa: Yes
  • Interior Amenities: Laundry - Closet Stacked
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Ceramic Tile
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1742
  • Common Walls: Attached
  • Other Features: Balcony, End Unit
  • Patio: Enclosed

Garage/Parking

  • Carport Spaces: 2
  • Total Parking Spaces: 2
  • Parking Type: Carport Attached

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Controlled Access, Gated Community
  • HOA: No
  • Association Rules: PetsPermitted
  • Association Name: 48@Arenas

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2021
Sold by
Rouseff Daniel
Bought by
Rouseff Daniel and Daniel Rouseff Living Trust
Current Estimated Value
$721,042

Purchase Details

Closed on
Jun 29, 2020
Sold by
Arnold Mark C and Rios Brian J
Bought by
Rouseff Daniel

Purchase Details

Listed on
Jan 15, 2015
Closed on
May 20, 2015
Sold by
Fauber William D
Bought by
Arnold Rios Revocable Trust
Seller's Agent
Trae Daniel
Bennion Deville Home Referrals
Buyer's Agent
David Carden
Coldwell Banker Realty
List Price
$527,000
Sold Price
$390,000
Premium/Discount to List
-$137,000
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$312,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
Fauber William D
Bought by
Fauber William D

Purchase Details

Closed on
Sep 7, 2007
Sold by
Hollis Ronald C
Bought by
Fauber William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,800
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Hollis Ronald Charles
Bought by
Hollis Ronald C

Purchase Details

Closed on
Aug 21, 2003
Sold by
Palm Springs Modern Homes I Llc
Bought by
Mileti Dennis S and Oliver Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rouseff Daniel -- None Available
Rouseff Daniel $535,000 Orange Coast Title Co
Arnold Rios Revocable Trust $390,000 Orange Coast Title Company
Fauber William D -- None Available
Fauber William D $452,000 Commonwealth Land Title Co
Hollis Ronald C -- --
Mileti Dennis S $379,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Mark C $40,000
Previous Owner Arnold Rios Revocable Trust $312,000
Previous Owner Fauber William D $278,000
Previous Owner Fauber William D $293,800
Previous Owner Mileti Dennis S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $390,000 -5.3% $217 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/07/2015 05/07/15 Price Changed $412,000 -3.5% $230 / Sq Ft
04/27/2015 04/27/15 Price Changed $427,000 -4.9% $238 / Sq Ft
04/21/2015 04/21/15 Price Changed $449,000 -3.9% $250 / Sq Ft
03/23/2015 03/23/15 Price Changed $467,000 -6.0% $260 / Sq Ft
02/16/2015 02/16/15 Price Changed $497,000 -5.7% $277 / Sq Ft
01/15/2015 01/15/15 For Sale $527,000 0.0% $294 / Sq Ft
06/02/2012 06/02/12 Rented $1,450 0.0% --
06/02/2012 06/02/12 Under Contract -- -- --
05/09/2012 05/09/12 For Rent $1,450 -- --
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 $7,154 $579,099 $54,121 $524,978
2023 $7,154 $556,614 $52,020 $504,594
2022 $7,297 $545,700 $51,000 $494,700
2021 $7,151 $535,000 $50,000 $485,000
2020 $5,577 $428,582 $106,594 $321,988
2019 $5,482 $420,179 $104,504 $315,675
2018 $5,382 $411,941 $102,456 $309,485
2017 $5,306 $403,865 $100,448 $303,417
2016 $5,153 $395,947 $98,479 $297,468
2015 $5,153 $407,000 $102,000 $305,000
2014 -- $371,000 $93,000 $278,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Trae Daniel

    Bennion Deville Home Referrals

    Section Image

  • D

    Buyer's Agent in 2015

    David Carden

    Coldwell Banker Realty

    (760) 902-2297

    14 in this area

    26 Total Sales

    David Carden
    Section Image
  • Dean Sipe

    Seller's Agent in 2012

    Dean Sipe

    Berkshire Hathaway Home Services California Properties

    (760) 422-3132

    3 in this area

    57 Total Sales

    Dean Sipe
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-822523PS

APN: 508-088-067

California Riverside County Palm Springs 92262 Baristo

701 E Arenas Rd, Palm Springs, CA

This home is located at 701 E Arenas Rd, Palm Springs, CA 92262 since 15 January 2015 and is currently estimated at $721,042, approximately $401 per square foot. This property was built in 2003. 701 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.

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