NOT LISTED FOR SALE

838 E Cottonwood Rd Unit 3 Palm Springs, CA 92262

El Mirador Neighborhood

Estimated Value: $311,000 - $360,000

2 Beds
2 Baths
816 Sq Ft
$395/mo HOA Fee

Last Sold September 02, 2022

Last sale price $339,000 $415 Per Sq Ft

Current estimated payment $2,558/month

9 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Ground Level Unit
  • Palm Springs High School Rated A-
  • Park or Greenbelt View
  • Living Room

About This Home

As of September 2022

Located a short distance from restaurants and shopping, this updated, single-level condo on FEE land you own is perfect for those looking for a pied-a-terre in Palm Springs that won't breaking the bank. Two bedrooms and two bathrooms afford plenty of room to entertain family and friends, while an private outdoor patio offers additional living space and an area to exercise a green thumb. Desert Arches is one of the only HOAs in Palm Springs with fees under $400, so for budget conscious buyers this is a no-brainer. This beautiful, end unit condo has a community pool with expansive mountain views and a dedicated parking spot. There aren't many opportunities at this price point with low HOAs on fee land in Palm Springs, so call today to schedule your private showing.

Last Agent to Sell the Property

Geoffrey Moore

Town Real Estate License #01942291 Listed on: 07/22/2022

Last Buyer's Agent

Michael Frawley

Bennion Deville Homes License #02146546

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1975

Lot Details

  • 871

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Gated Home
  • Ground Level Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 507-043-015

Community Details

Overview

  • Association fees include maintenance paid, trash, water
  • 32 Units
  • Desert Resort Management Association, Phone Number (760) 325-4257
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,458

Year Built

Built in 1975

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Builders Tract Code: 5460
  • Complex Name: Desert Arches
  • Entry Floor: 1
  • Exclusions: All staging items.
  • Living Area: 816
  • Lot Acreage: 0.0200
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Builders Tract Name: Desert Arches
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 422.79

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned, Uncovered
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Guest Parking, Pool
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid, Trash, Water
  • HOA Fees: 395.00
  • Management Company: Desert Resort Management
  • Mgmt Co Phone: 7603461161|
  • Phone: 7603254257|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 507-043-015
  • Lot Size Area: 871

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 4, 2022
Sold by
Gary Larson
Bought by
Fouts Maria Diane
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
Michael Frawley
Bennion Deville Homes
List Price
$345,000
Sold Price
$339,000
Premium/Discount to List
-$6,000
-1.74%
Current Estimated Value
$337,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,230
Avg. Annual Appreciation
-0.12%
Original Mortgage
$332,825
Outstanding Balance
$318,273
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$19,497

Purchase Details

Closed on
Jul 18, 2011
Sold by
Federal National Mortgage Corporation
Bought by
Larson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Ying Bong
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 20, 2005
Sold by
Goulet Peter W
Bought by
Ying Bong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Aigamaua Tita
Bought by
Goulet Peter W

Purchase Details

Closed on
Dec 23, 1999
Sold by
Lee Klein Gerald and Barbar Suzanne
Bought by
Aigamaua Tita N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fouts Maria Diane $339,000 --
Larson Gary $51,000 First American Title Company
Federal National Mortgage Association $154,766 Landsafe Title
Ying Bong $175,000 California Title Company
Goulet Peter W $75,000 First American Title Co
Aigamaua Tita N $46,454 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fouts Maria Diane $332,825
Previous Owner Larson Gary $35,000
Previous Owner Ying Bong $140,000
Previous Owner Aigamaua Tita N $41,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $339,000 -1.7% $415 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $345,000 0.0% $423 / Sq Ft
04/30/2017 04/30/17 Rented $1,150 -8.0% --
03/25/2017 03/25/17 For Rent $1,250 +42.9% --
12/05/2012 12/05/12 Rented $875 -7.9% --
11/25/2012 11/25/12 Under Contract -- -- --
10/16/2012 10/16/12 For Rent $950 -- --
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 $4,458 $352,695 $72,828 $279,867
2023 $4,458 $339,000 $70,000 $269,000
2022 $1,032 $60,351 $15,084 $45,267
2021 $1,016 $59,169 $14,789 $44,380
2020 $981 $58,563 $14,638 $43,925
2019 $968 $57,415 $14,351 $43,064
2018 $954 $56,290 $14,070 $42,220
2017 $944 $55,188 $13,795 $41,393
2016 $923 $54,107 $13,525 $40,582
2015 $874 $53,296 $13,323 $39,973
2014 $845 $52,254 $13,063 $39,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-181783

The MLS

APN: 507-043-015