NOT LISTED FOR SALE

Estimated Value: $632,000 - $704,000

2 Beds
3 Baths
1,593 Sq Ft
1,742 Sq Ft Lot Lot

Sale Details

Date Sold: May 6, 2014

Last sale price $435,000 $273 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,190 / mo

12 Days on Market

About This Home

As of May 2014

Welcome to 48@Arenas, one of central Palm Springs' most desirable and intimate communities. Located in the heart of Palm Springs with its restaurants, shops and entertainment. This contemporary urban townhouse features a spacious and open floor plan with spectacular and panoramic mountain views from nearly every room. The Plan C model offers dual downstairs and upstairs (loft) master suites with ensuite baths, built-in sound system, a powder room, ample storage, soaring ceilings with multiple clerestory windows, a fireplace, an open kitchen with stainless appliances and two assigned covered parking spots. Outside, three private and spacious outdoor spaces including an over-sized 2nd floor sun deck perfect for entertaining or sunbathing. This award winning small enclave of 48 townhomes is located on Fee land (you own it) with four sparkling pools and spas. Call for a private showing.

Last Agent to Sell the Property

Gregory Albert

Equity Union License #01226452 Listed on: 03/25/2014

Equity Union

Last Buyer's Agent

Sharon Teunis

Hom Sotheby's International Re License #1737274

Property Details

Home Type

Condominium

Year Built

2003

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Cross Street: CABALLEROS
  • Entry Location: Main Level
  • Active Date: 2014-03-25
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1593.0
  • Building Structure Style: Modern
  • Driving Directions: Avenida Caballeros , west on Arenas Road. Complex is on the south side of the street. Unit is on the east side of the development across the pool.
  • Full Street Address: 711 E ARENAS RD
  • Pool Construction: In Ground
  • Pool Descriptions: Association Pool, Filtered
  • Primary Object Modification Timestamp: 2014-05-07
  • Spa Construction: In Ground
  • Spa Descriptions: Association Spa, Heated
  • Unit Floor In Building: 2
  • Total Number of Units: 48
  • View Type: City View, City Lights View, Mountain View, Panoramic View, Pool View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Bathroom Features: 2 Master Baths, Double Vanity(s), Linen Closet, Powder Room
  • Bedroom Features: 2 Master Bedrooms, Ground Floor Master Bedroom, Master Retreat, WalkInCloset
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Appliances: Microwave, Range, Free Standing Gas
  • Advertising Remarks: Welcome to 48@Arenas, one of central Palm Springs' most desirable and intimate communities. Located in the heart of Palm Springs with its restaurants, shops and entertainment. This contemporary urban townhouse features a spacious and open floor plan with
  • Total Bedrooms: 2
  • Builders Tract Code: 5280
  • Builders Tract Name: 48 @ ARENAS
  • Fireplace: Yes
  • Levels: Multi Levels
  • Spa: Yes
  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Two Story Ceilings
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Stackable W/D Hookup
  • Floor Material: Carpet, Stained Concrete
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area In Unit, Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1742
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Entry Floor: 1
  • Patio: Enclosed
  • Community Features: Community Mailbox
  • Windows: Custom Window Covering
  • Roofing: Flat Roof

Garage/Parking

  • Carport Spaces: 2
  • Total Parking Spaces: 2
  • Parking Features: Covered Parking
  • Parking Type: Assigned, Carport Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central Furnace, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Gated Community, Gated Parking
  • HOA: No
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Sewer Paid, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Monarch

Lot Info

  • Lot Description: Gated Community

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Migdal Ralph J and Solomon Steven D
Bought by
Migdal Ralph J and Solomon Steven D
Current Estimated Value
$673,552

Purchase Details

Listed on
Mar 25, 2014
Closed on
Apr 15, 2014
Sold by
Stenglein Steven
Bought by
Solomon Steven D
Seller's Agent
Gregory Albert
Equity Union
Buyer's Agent
Sharon Teunis
Hom Sotheby's International Re
List Price
$459,500
Sold Price
$435,000
Premium/Discount to List
-$24,500
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Stewart Jeffrey E
Bought by
Stenglein Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Palm Springs Modern Homes I Llc
Bought by
Stewart Jeffrey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
5.25%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Migdal Ralph J -- None Available
Migdal Ralph J -- None Available
Solomon Steven D $425,000 Lawyers Title Company
Stenglein Steven $539,090 First American Title Company
Stewart Jeffrey E $374,500 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Stenglein Steven $431,200
Previous Owner Stewart Jeffrey E $299,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2014 05/06/14 Sold $435,000 -5.3% $273 / Sq Ft
04/06/2014 04/06/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $459,500 -- $288 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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 $6,461 $520,977 $128,708 $392,269
2023 $6,461 $500,749 $123,711 $377,038
2022 $6,590 $490,932 $121,286 $369,646
2021 $6,458 $481,307 $118,908 $362,399
2020 $6,171 $476,373 $117,689 $358,684
2019 $6,066 $467,033 $115,382 $351,651
2018 $5,954 $457,876 $113,121 $344,755
2017 $5,869 $448,899 $110,903 $337,996
2016 $5,700 $440,098 $108,729 $331,369
2015 $5,474 $433,490 $107,097 $326,393
2014 $4,661 $364,000 $91,000 $273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-747543PS

APN: 508-088-072

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