NOT LISTED FOR SALE

725 E Arenas Rd Unit 36 Palm Springs, CA 92262

Baristo Neighborhood

Estimated Value: $556,000 - $663,000

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

About This Home

As of December 2012

What A Deal! Residential Lease!! Great 2 bedroom, 2.5 bath condo located within walking distance to the Village of Palm Springs, restaurants, shopping and the casino. 48@Areans is a gated community of great architectural condos and offers 4 pools and 4 spas with great views. This unit also boasts upgraded built-ins and window blinds. This unit is offered Unfurnished. Flat screen TV's and washer/dryer are included but not warrantied.

Last Agent to Rent the Property

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 11/29/2012

Sotheby's International Realty

Last Renter's Agent

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 11/29/2012

Sotheby's International Realty

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,093

Year Built

2003

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Credit Report, Pet Deposit, Security Deposit
  • Furnished: Unfurnished

Listing Details

  • Active Date: 2012-11-29
  • Building Size: 1596.0
  • Building Structure Style: Modern
  • Deposit Security: 1550.0
  • Driving Directions: Calle El Seguno to E Arenas Rd.
  • Full Street Address: 725 ARENAS RD
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2015-09-25
  • Unit Floor In Building: 1
  • Total Number of Units: 48
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances: Microwave
  • Advertising Remarks: What A Deal! Residential Lease!! Great 2 bedroom, 2.5 bath condo located within walking distance to the Village of Palm Springs, restaurants, shopping and the casino. 48@Areans is a gated community of great architectural condos and offers 4 pools and 4 sp
  • Total Bedrooms: 2
  • Builders Tract Code: 5280
  • Builders Tract Name: 48 @ ARENAS
  • Fireplace: Yes
  • Land Lease Expiration Year: 2063
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Stackable W/D Hookup, Water Line to Refrigerator
  • Floor Material: Carpet, Concrete Slab
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 871
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Carport

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No
  • Association Rules: Call for Rules
  • Association Name: 48@Arenas

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2010
Sold by
Vanek Paul D
Bought by
Ratner Morris A
Current Estimated Value
$600,049

Purchase Details

Closed on
Jun 10, 2003
Sold by
Palm Springs Modern Homes I Llc
Bought by
Ratner Morris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.94%
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
Ratner Morris A $30,000 None Available
Ratner Morris A $285,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ratner Morris A $200,000
Previous Owner Ratner Morris A $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Rented $1,550 0.0% --
12/07/2012 12/07/12 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $1,550 +6.9% --
04/05/2012 04/05/12 Rented $1,450 -3.3% --
04/05/2012 04/05/12 Under Contract -- -- --
03/28/2012 03/28/12 For Rent $1,500 -- --
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 $5,093 $406,186 $101,182 $305,004
2023 $5,093 $390,415 $97,254 $293,161
2022 $5,193 $382,761 $95,348 $287,413
2021 $5,090 $375,257 $93,479 $281,778
2020 $4,866 $371,410 $92,521 $278,889
2019 $4,784 $364,128 $90,707 $273,421
2018 $4,698 $356,989 $88,929 $268,060
2017 $4,631 $349,990 $87,186 $262,804
2016 $4,499 $343,128 $85,477 $257,651
2015 $4,318 $337,976 $84,194 $253,782
2014 $4,261 $331,357 $82,546 $248,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 12-638283PS

APN: 508-088-078