NOT LISTED FOR SALE

870 E Palm Canyon Dr Unit 201 Palm Springs, CA 92264

Estimated Value: $522,000 - $757,000

2 Beds
2 Baths
1,305 Sq Ft
$377/mo HOA Fee

Last Sold June 30, 2021

Last sale price $450,000 $345 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,003/month

52 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • City Lights View
  • Living Room with Fireplace

About This Home

As of June 2021

Welcome to Biltmore Colony!!. This Condo is move in Ready in the heart of Palm Springs. Don' miss the opportunity this great opportunity to own a piece of paradise. This is the Best unit currently available for sale in the Great location of Biltmore Colony. upper unit, has high ceilings and good light. With 2 bedrooms/2 baths, solid core doors, quartz countertop, fireplace in living room, ceiling fans and lighting fixtures, all stainless-steel appliances in kitchen with private patio. BEST OF ALL it has a 2-car side by side attached garage which is very rare in the Biltmore Colony. This unit has so much to offer that you have to see it!!

Last Agent to Sell the Property

Fredy Rodriguez

Fathom Realty Group Inc. License #01731893 Listed on: 05/07/2021

Last Buyer's Agent

Will Cook

Keller Williams Luxury Homes License #01879277

Keller Williams Luxury Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 2006

Lot Details

  • 1,329

HOA Fees

  • $377 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Area
  • City Lights Views
  • Dishwasher
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 2 Car Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa
  • Spa Fenced

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 508371048

Community Details

Overview

  • Biltmore Colony Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,057

Year Built

Built in 2006

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Living Room
  • List Price per Sq Ft: 348.66
  • Lp Sp Ratio: 0.9900
  • View Type: City Lights, City
  • Year Built: 2006
  • Co Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 322-9266
  • Listing I D: 219061728
  • Listing Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Biltmore Colony
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Unknown
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1305.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Hot Tub
  • Spa Hot Tub Description: Community, Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Security: Gated Community
  • Sewer: Unknown

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 377.03
  • Total Monthly Association Fees: 377.00
  • Unit Location: Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508371048
  • Lot Acres: 0.0305
  • Lot Size: 1329.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 3, 2021
Sold by
Pace Lorenzo
Bought by
Simon Kim and Kim Simon Trust
Seller's Agent
Fredy Rodriguez
Fathom Realty Group Inc.
Buyer's Agent
Will Cook
Keller Williams Luxury Homes
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Current Estimated Value
$585,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,791
Avg. Annual Appreciation
4.20%
Original Mortgage
$320,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2015
Closed on
Dec 9, 2015
Sold by
Knak John D and Brill Scott I
Bought by
Pace Lorenzo
Seller's Agent
Marc Sanders
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$369,000
Sold Price
$357,000
Premium/Discount to List
-$12,000
-3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Listed on
Mar 3, 2015
Closed on
Mar 17, 2015
Sold by
Cocca Christian
Bought by
Knak John D and Brill Scott I
Seller's Agent
Christian Cocca
Socalhomeshop Inc.
Buyer's Agent
Marc Sanders
Compass
List Price
$339,900
Sold Price
$329,000
Premium/Discount to List
-$10,900
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 8, 2014
Sold by
Tamker Craig F
Bought by
Cocca Christian
Seller's Agent
Elaine Stewart
RE/MAX Consultants
Buyer's Agent
Christian Cocca
Socalhomeshop Inc.
List Price
$355,000
Sold Price
$309,430
Premium/Discount to List
-$45,570
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$275,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 27, 2006
Sold by
Nrc & 1 Llc
Bought by
Tamker Craig F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.21%
Mortgage Type
New Conventional
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
Simon Kim $450,000 North American Title Co Inc
Pace Lorenzo $357,000 Orange Coast Title Company
Knak John D $329,000 Orange Coast Title Company
Cocca Christian $309,500 Ticor Title Company
Tamker Craig F $419,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Kim $320,000
Closed Simon Kim $320,000
Previous Owner Cocca Christian $275,000
Previous Owner Tamker Craig F $158,000
Previous Owner Tamker Craig F $50,000
Previous Owner Tamker Craig F $114,000
Previous Owner Tamker Craig F $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $450,000 -1.1% $345 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $455,000 +27.5% $349 / Sq Ft
12/16/2015 12/16/15 Sold $357,000 -3.3% $274 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $369,000 +12.2% $283 / Sq Ft
03/27/2015 03/27/15 Sold $329,000 -1.8% $252 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
03/14/2015 03/14/15 Price Changed $334,900 -1.5% $257 / Sq Ft
03/03/2015 03/03/15 For Sale $339,900 +9.8% $260 / Sq Ft
04/23/2014 04/23/14 Sold $309,430 -3.3% $237 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
03/04/2014 03/04/14 Price Changed $319,900 -9.9% $245 / Sq Ft
02/22/2014 02/22/14 For Sale $355,000 +14.7% $272 / Sq Ft
02/22/2014 02/22/14 Off Market $309,430 -- --
02/03/2014 02/03/14 For Sale $355,000 -- $272 / Sq Ft
Source: California Desert 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 $6,057 $487,093 $64,945 $422,148
2023 $6,057 $468,180 $62,424 $405,756
2022 $6,178 $459,000 $61,200 $397,800
2021 $5,196 $390,426 $117,126 $273,300
2020 $4,966 $386,424 $115,926 $270,498
2019 $4,881 $378,848 $113,653 $265,195
2018 $4,790 $371,421 $111,426 $259,995
2017 $4,721 $364,140 $109,242 $254,898
2016 $4,602 $357,000 $107,100 $249,900
2015 $3,962 $315,618 $94,860 $220,758
2014 $3,362 $265,000 $79,000 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219061728

California Desert Association of REALTORS®

APN: 508-371-048