NOT LISTED FOR SALE

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

Estimated Value: $507,327 - $744,000

2 Beds
2 Baths
1,305 Sq Ft
$313/mo HOA Fee

Last Sold February 09, 2018

Last sale price $370,000 $284 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,860/month

16 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • Heated In Ground Pool
  • Mountain View

About This Home

As of February 2018

Expansive vistas of the San Jacintos highlight this 2B/2b unit in the Biltmore Colony--Palm Springs' distinctive enclave of mid-century-inspired condos built on the site of the historic Palm Springs Biltmore Hotel. Truly one of the nicest properties in this wonderful community, this upstairs interior end-unit boasts two en suite bedrooms, floor-to-ceiling flagstone fireplace, 11-foot ceilings, sound system, stainless appliances, and a desirable open floorplan. Noted local designer Christopher Kennedy created the warm color palette and custom drapes; the results were featured in Palm Springs Life. Walls of windows--with south and west exposures--create a light, airy living space. There's also an attached 2-car, side-by-side garage. With three pools, cabanas, clubhouse kitchen/fitness/lounge, plus low HOAs, the development deftly serves up the vaunted Palm Springs lifestyle.

Last Agent to Sell the Property

Mary MacGregor

HomeSmart License #01456869 Listed on: 12/20/2017

HomeSmart

Last Buyer's Agent

Michael Sullivan

Keller Williams Luxury Homes License #02009679

Keller Williams Luxury Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 2006

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 508372028

Community Details

Overview

  • Association fees include clubhouse, water, trash
  • Biltmore Colony Subdivision

Amenities

  • Community Fire Pit
  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,269

Year Built

Built in 2006

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South
  • Levels: Top
  • Builders Tract Code: Biltmore Colony
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Included In Sale: Fridge, Whirlpool elevated washer/dryer, two flat-panel TVs, desk, all electronics and surround-sound system.
  • List Price per Sq Ft: 291.19
  • Lp Sp Ratio: 0.9737
  • View Type: Mountain(s)
  • Year Built: 2006
  • Listing I D: 217034894
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Biltmore Colony
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Trash Compactor, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Stone
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1305.00

Exterior Features

  • Other Features: Balcony
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Water, Trash
  • Association Amenities: Clubhouse, Meeting Room, Fire Pit, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 313.00
  • Total Monthly Association Fees: 313.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 508372028
  • Lot Acres: 0.0300
  • Lot Size: 1311.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jan 10, 2018
Sold by
Zapatka Lawrence J and Falk Jon C
Bought by
Dethlefs Brent A and Cotta Dethlefs Huda F
Seller's Agent
Mary MacGregor
HomeSmart
Buyer's Agent
Michael Sullivan
Keller Williams Luxury Homes
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Current Estimated Value
$588,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,582
Avg. Annual Appreciation
6.10%
Original Mortgage
$314,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Zapatka Lawrence J and Falk Jon C
Bought by
Zapatka Lawrence J and Falk Jon C

Purchase Details

Closed on
Oct 3, 2006
Sold by
Nrc & 1 Llc
Bought by
Falk Jon C and Zapatka Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,543
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dethlefs Brent A $370,000 Orange Coast Title Company
Zapatka Lawrence J -- None Available
Falk Jon C $453,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dethlefs Brent A $310,000
Closed Dethlefs Brent A $314,500
Previous Owner Falk Jon C $362,543
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $370,000 -2.6% $284 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $380,000 -- $291 / 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 $5,269 $420,990 $105,816 $315,174
2023 $5,269 $404,645 $101,708 $302,937
2022 $5,373 $396,712 $99,714 $296,998
2021 $5,267 $388,934 $97,759 $291,175
2020 $5,034 $384,947 $96,757 $288,190
2019 $4,950 $377,400 $94,860 $282,540
2018 $4,860 $370,000 $63,000 $307,000
2017 $4,519 $341,000 $60,000 $281,000
2016 $4,473 $341,000 $60,000 $281,000
2015 $4,161 $325,000 $57,000 $268,000
2014 $3,448 $265,000 $47,000 $218,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mary MacGregor

    HomeSmart

    (760) 409-8748

    2 Total Sales

    Mary MacGregor
    Section Image
  • Michael Sullivan

    Buyer's Agent in 2018

    Michael Sullivan

    Keller Williams Luxury Homes

    (477) 760-3406

    14 Total Sales

    Michael Sullivan
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 217034894

California Desert Association of REALTORS®

APN: 508-372-028

California Riverside County Palm Springs 92264

940 E Palm Canyon Dr Unit 201, Palm Springs, CA

This home is located at 940 E Palm Canyon Dr Unit 201, Palm Springs, CA 92264 since 20 December 2017 and is currently estimated at $588,582, approximately $451 per square foot. This property was built in 2006. 940 E Palm Canyon Dr Unit 201 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes