NOT LISTED FOR SALE

816 E Cottonwood Rd Unit 1 Palm Springs, CA 92262

El Mirador Neighborhood

Estimated Value: $281,000 - $331,000

2 Beds
2 Baths
816 Sq Ft
871 Sq Ft Lot

Last Sold February 16, 2016

Last sale price $130,500 $160 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,794/month

20 Days on Market

About This Home

As of February 2016

Welcome to Desert Arches! An intimate and well maintained community on fee simple land(you own it) in central Palm Springs, walking distance to the chic Riviera and Spa resort and minutes away from downtown Palm Springs with its restaurants, shopping and entertainment. This spacious and bright single story 2 bed/2 bath condo is a real charmer, and was recently repainted with a cheerful color palette. It features an open floor plan, low maintenance ceramic floors throughout, generous storage, modern bathroom vanities and an en suite master bedroom with walk-in closet with direct access to a private outdoor patio with some mountain views. This friendly community offers two pools recently updated surrounded by mature landscaping, gated access and assigned parking. This property would make for a great starter home or easy weekend retreat with reasonable HOA dues of $288 per month. Grab this sweet condo now and start enjoying the Palm Springs life style!

Last Agent to Sell the Property

Gregory Albert

Equity Union License #01226452 Listed on: 10/29/2015

Last Buyer's Agent

Gregory Albert

License #01226452

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,095

Year Built

1975

Lot Details

0

Listing Details

  • Cross Street: AVENIDA CABALLEROS
  • Active Date: 2015-10-29
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 816.0
  • Building Structure Style: Spanish
  • Driving Directions: Right off of Avenida Caballeros, 1 block south of Vista Chino, make a turn onto Cottonwood. Desert Arches will be located on the right side of the street. Look for #816 and park in the visitor space.
  • Full Street Address: 816 E COTTONWOOD RD
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-02-16
  • Unit Floor In Building: 1
  • Total Number of Units: 32
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Bathroom Features: Linen Closet, Shower Over Tub, Shower Stall
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Eating Areas: Dining Area
  • Appliances: Range, Free Standing Electric
  • Advertising Remarks: Welcome to Desert Arches! An intimate and well maintained community on fee simple land(you own it) in central Palm Springs, walking distance to the chic Riviera and Spa resort and minutes away from downtown Palm Springs with its restaurants, shopping and
  • Total Bedrooms: 2
  • Builders Tract Code: 5460
  • Builders Tract Name: DESERT ARCHES
  • Fireplace: No
  • Spa: No
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Ceramic Tile
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 871
  • Common Walls: Attached
  • Construction: Stucco
  • Patio: Enclosed, Patio Open
  • Windows: Mini Blinds, Screens
  • Water: In Street

Garage/Parking

  • Parking Type: Assigned

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector

Condo/Co-op/Association

  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Association Name: Desert Arches
  • HOA Fees: 288.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2024
Sold by
Ccc Business Llc
Bought by
Sunshine Real Estate Rentals Llc
Current Estimated Value
$303,909

Purchase Details

Listed on
Oct 29, 2015
Closed on
Feb 8, 2016
Sold by
Byrnes Brian T and Schlager Bernard
Bought by
Ccc Business Llc
Seller's Agent
Gregory Albert
Equity Union
Buyer's Agent
Gregory Albert
Equity Union
List Price
$139,000
Sold Price
$130,500
Premium/Discount to List
-$8,500
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Peterson William D
Bought by
Byrnes Brian T and Schlager Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Scott George and Scott Darlene
Bought by
Snider Troy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Chandraratna Iolee Mary
Bought by
Chandraratna Roshantha A S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2000
Sold by
Chandraratna Premindra A and Roshant Chandraratna Roshant
Bought by
Fenter Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
8.22%
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
Sunshine Real Estate Rentals Llc -- None Listed On Document
Ccc Business Llc $130,500 Lawyers Title
Byrnes Brian T $190,000 Equity Title Company
Snider Troy James $96,000 Old Republic Title Company
Chandraratna Roshantha A S -- Orange Coast Title
Chadraratna Premindra A -- Orange Coast Title
Fenter Lee $42,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byrnes Brian T $152,000
Previous Owner Peterson William D $75,000
Previous Owner Snider Troy James $86,400
Previous Owner Scott George $56,250
Previous Owner Fenter Lee $33,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $130,500 -6.1% $160 / Sq Ft
10/29/2015 10/29/15 For Sale $139,000 -- $170 / 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 $2,095 $154,475 $38,616 $115,859
2023 $2,095 $148,478 $37,117 $111,361
2022 $2,133 $145,568 $36,390 $109,178
2021 $2,094 $142,715 $35,677 $107,038
2020 $2,009 $141,253 $35,312 $105,941
2019 $1,978 $138,484 $34,620 $103,864
2018 $1,945 $135,770 $33,942 $101,828
2017 $1,919 $133,109 $33,277 $99,832
2016 $1,826 $127,000 $32,000 $95,000
2015 $1,355 $93,000 $23,000 $70,000
2014 $1,344 $93,000 $23,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-954587PS

The MLS

APN: 507-043-009