NOT LISTED FOR SALE

870 E Palm Canyon Dr Unit 205 Palm Springs, CA 92264

Estimated Value: $431,000 - $603,000

2 Beds
2 Baths
1,116 Sq Ft
1,211 Sq Ft Lot

Last Sold July 06, 2018

Last sale price $378,000 $339 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,094/month

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Panoramic View
  • Palm Springs High School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of June 2020

Beautiful Palm Springs Modern Condo! Long-term lease opportunity. Imagine being perfectly located in Palm Springs to enjoy all it has to offer. Welcome to the Biltmore Colony and this beautiful 2 bedroom, 2 bath condo. Clean and modern, this unfurnished condo lease has a great kitchen and views that will amaze you. Open and bright, you'll love this super clean unit with an attached two-car garage, laundry room, quartz counter tops and large private outdoor balcony. Biltmore Colony gated community with 3 pools, spa, outdoor shower and fitness center. One Year Minimum Lease Term. No pets. Unfurnished.

Last Agent to Rent the Property

Dean Sipe

Berkshire Hathaway Home Services California Properties License #01789257 Listed on: 06/16/2020

Berkshire Hathaway Home Services California Properties

Co-Listed By

The Dean Sipe Group

Berkshire Hathaway HomeServices California Properties License #01789257T

Last Renter's Agent

Phil Pappalardo

Phil Pappalardo Broker License #00833731

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 2006

Lot Details

  • South Facing Home
  • Gated Home

Property Views

  • Panoramic
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Listing and Financial Details

  • Security Deposit $1,700
  • $3,400 Move-In Fee
  • Tenant pays for electricity, gas, insurance
  • Rent includes association dues, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 508-371-052

Community Details

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Association fees include clubhouse, trash, water and sewer paid
  • Clubhouse

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,277

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Excludes: electric, gas, cable
  • Rent Includes: Association Dues, Trash Collection, Water
  • Security Deposit: 1700
  • Tenant Pays: Electricity, Gas, Insurance
  • Total Move In Costs: 3400.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: One, Top Level
  • Street Number Display: Yes
  • Builders Tract Code: 60005
  • Lease Terms: 1+Year
  • Living Area: 1116
  • Lot Acreage: 0.0278
  • Monthto Month: No
  • Stories: 2
  • Year Built: 2006
  • Builders Tract Name: Biltmore Colony
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Oven, Microwave, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Ceiling Fan, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1.52

Exterior Features

  • Direction Faces: South
  • Pool Description: In Ground, Community
  • Pool: Yes
  • Spa: Community, In Ground
  • Spa Yn: Yes
  • View: Panoramic, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 2 Car, Parking for Guests
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Electric, Central
  • Heating: Forced Air, Central, Natural Gas
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Fitness Center, Clubhouse, Controlled Access, Gated Community, Spa, Pool

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash, Water and Sewer Paid

Lot Info

  • Assessor Parcel Number: 508-371-052
  • Geocode Override: No
  • Lot Size Area: 1213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Jul 2, 2018
Sold by
Guerra Zaragoza Andres
Bought by
Giacalone Anthony
Seller's Agent
The Dean Sipe Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
The Dean Sipe Group
Berkshire Hathaway HomeServices California Properties
Sold Price
$1,700
Current Estimated Value
$490,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,061
Avg. Annual Appreciation
3.47%

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 29, 2018
Sold by
Hoagg Kirke H
Bought by
Giacalone Rj Anthony
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
List Price
$385,000
Sold Price
$378,000
Premium/Discount to List
-$7,000
-1.82%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Jul 30, 2012
Sold by
Iadevalia Goodrich Russell and Goodrich Samuel
Bought by
Hoagg Kirke H
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
Robert Parham
HomeSmart Professionals
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Listed on
Jul 31, 2012
Closed on
Jul 9, 2012
Sold by
Rogers Jim D and Wall John E
Bought by
Iadevaia Rusell and Goodrich Samuel
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
Robert Parham
HomeSmart Professionals
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%

Purchase Details

Closed on
Jul 24, 2006
Sold by
Nrc & 1 Llc
Bought by
Wall John E and Rogers Jim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.5%
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
Giacalone Anthony -- Lawyers Title
Giacalone Rj Anthony $378,000 Lawyers Title
Hoagg Kirke H $229,000 Equity Title Company
Iadevaia Rusell $186,000 Equity Title Company
Wall John E $485,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall John E $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Rented $1,700 0.0% --
06/22/2020 06/22/20 Under Contract -- -- --
06/16/2020 06/16/20 For Rent $1,700 0.0% --
08/09/2018 08/09/18 Rented $1,700 0.0% --
07/25/2018 07/25/18 Under Contract -- -- --
07/17/2018 07/17/18 For Rent $1,700 0.0% --
07/06/2018 07/06/18 Sold $378,000 -0.5% $339 / Sq Ft
05/11/2018 05/11/18 Price Changed $379,900 -0.5% $340 / Sq Ft
05/05/2018 05/05/18 Price Changed $382,000 -0.8% $342 / Sq Ft
02/14/2018 02/14/18 For Sale $385,000 +68.1% $345 / Sq Ft
08/07/2012 08/07/12 Sold $229,000 -4.2% $205 / Sq Ft
07/31/2012 07/31/12 For Sale $239,000 -- $214 / 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 $5,277 $421,662 $126,498 $295,164
2023 $5,277 $405,290 $121,587 $283,703
2022 $5,381 $397,344 $119,203 $278,141
2021 $5,275 $389,554 $116,866 $272,688
2020 $5,042 $385,560 $115,668 $269,892
2019 $4,957 $378,000 $113,400 $264,600
2018 $3,250 $247,831 $74,673 $173,158
2017 $3,204 $242,972 $73,209 $169,763
2016 $3,113 $238,209 $71,774 $166,435
2015 $2,982 $234,633 $70,697 $163,936
2014 $2,934 $230,039 $69,313 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-591778

The MLS

APN: 508-371-052