NOT LISTED FOR SALE

981 E Parocela Place Unit 2 Palm Springs, CA 92264

Warm Sands Neighborhood

Estimated Value: $719,000 - $1,522,000

2 Beds
1 Bath
740 Sq Ft
$1,678/Sq Ft Est. Value

About This Home

Completely remodeled 2 bedroom / 1 bath apartments with access to pool. Apartment includes all newer appliances, new kitchen, new bathroom and modern tile and carpet throughout. Includes washer and dryer stack unit. Sorry no pets and absolutely no smoking on premises. Rent $1365, security deposit $1365. Application processing fee is $25 per adult applicant. Resident pays electric and gas. Property owner pays landscape maintenance, pool maintenance, water and trash. Resident to show proof of renter's insurance prior to lease commencement. Available April 1, 2019.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Johnston Marc
Bought by
Alice Arakel Trust and Arakel
Current Estimated Value
$1,242,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Outstanding Balance
$661,464
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$531,743

Purchase Details

Closed on
Oct 14, 2022
Sold by
Russell Parenti Living Trust
Bought by
Johnston Marc

Purchase Details

Closed on
Feb 10, 2021
Sold by
Parenti Russell
Bought by
Parenti Russell

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 6, 2017
Sold by
Parenti Russell
Bought by
Parenti Russell
Seller's Agent
Michael Heath
Village Property Management
Buyer's Agent
Michael Heath
Village Property Management
Sold Price
$1,375

Purchase Details

Closed on
Jul 16, 2015
Sold by
Johnston Marc
Bought by
Parenti Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2015
Sold by
Lincoln Trust Company
Bought by
Parenti Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2012
Sold by
The Bank Of New York Mellon
Bought by
Lincoln Trust Company

Purchase Details

Closed on
Jul 12, 2011
Sold by
Grant Claire J
Bought by
The Bank Of New York Mellon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Forty Seven Investments Lp
Bought by
Grant Claire J

Purchase Details

Closed on
Jan 31, 2006
Sold by
Parks Stephen E and Krauchenko Michael J
Bought by
Grant Claire J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2004
Sold by
Roberts Ross
Bought by
Parks Stephen E and Krauchenko Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2004
Sold by
Irmalou Corp
Bought by
Roberts Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Irmalou Corp
Bought by
Roberts Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Irmalou Corp
Bought by
Roberts Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2000
Sold by
Ross Roberts
Bought by
Irmalou Corp

Purchase Details

Closed on
Jun 11, 1999
Sold by
Bogdan Greg E and Bogdan Dale A
Bought by
Roberts Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 1997
Sold by
Ricart Donald
Bought by
Hauch Dale A

Purchase Details

Closed on
Dec 10, 1996
Sold by
California Federal Bank
Bought by
Ricart Donald and Bogdan Greg E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 1996
Sold by
Daenen Clayton J
Bought by
California Federal Bank Fsb
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
Alice Arakel Trust $1,400,000 Orange Coast Title
Johnston Marc -- Orange Coast Title
Parenti Russell -- None Available
Parenti Russell -- None Available
Parenti Russell -- Fidelity National Title
Parenti Russell $630,000 Fidelity National Title
Lincoln Trust Company $323,500 Landsafe Title Simi Valley
The Bank Of New York Mellon $848,913 Landsafe Title
Grant Claire J -- None Available
Forty Seven Investments Lp -- Landamerica New Century Titl
Grant Claire J $790,000 Southland Title Inland Empir
Parks Stephen E $590,000 First American Title Co
Roberts Ross -- --
Roberts Ross -- First American Title Co
Irmalou Corp -- First American Title Co
Roberts Ross -- First American Title Co
Irmalou Corp -- --
Roberts Ross $245,000 First American Title Co
Hauch Dale A -- --
Hauch Dale A -- Chicago Title Co
Ricart Donald $130,000 First American Title Ins Co
California Federal Bank Fsb $135,768 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alice Arakel Trust $670,000
Previous Owner Parenti Russell $150,000
Previous Owner Parenti Russell $472,500
Previous Owner Long Don $467,000
Previous Owner Grant Claire J $632,000
Previous Owner Parks Stephen E $472,000
Previous Owner Roberts Ross $100,000
Previous Owner Roberts Ross $300,000
Previous Owner Roberts Ross $225,000
Previous Owner Roberts Ross $147,000
Previous Owner Ricart Donald $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Rented $1,365 0.0% --
04/08/2019 04/08/19 Under Contract -- -- --
04/04/2019 04/04/19 For Rent $1,365 0.0% --
03/26/2019 03/26/19 Under Contract -- -- --
03/06/2019 03/06/19 For Rent $1,365 0.0% --
07/04/2018 07/04/18 Rented $1,365 0.0% --
06/29/2018 06/29/18 For Rent $1,365 -1.4% --
06/28/2018 06/28/18 Rented $1,385 0.0% --
06/18/2018 06/18/18 For Rent $1,385 0.0% --
06/14/2018 06/14/18 Under Contract -- -- --
04/26/2018 04/26/18 For Rent $1,385 +0.7% --
09/24/2017 09/24/17 Rented $1,375 -1.8% --
06/29/2017 06/29/17 For Rent $1,400 +3.7% --
07/21/2016 07/21/16 Rented $1,350 0.0% --
07/05/2016 07/05/16 For Rent $1,350 -- --

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
2023 $18,060 $750,292 $136,536 $613,756
2022 $10,443 $735,581 $133,859 $601,722
2021 $10,254 $721,159 $131,235 $589,924
2020 $9,804 $713,766 $129,890 $583,876
2019 $9,664 $699,772 $127,344 $572,428
2018 $9,496 $689,052 $124,848 $564,204
2017 $9,365 $675,600 $122,400 $553,200
2016 $8,740 $633,084 $120,000 $513,084
2015 $5,016 $341,171 $78,381 $262,790
2014 $4,884 $334,551 $76,847 $257,704
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Heath

    Village Property Management

    (760) 325-4477

    1 in this area

    33 Total Sales

    Michael Heath
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Map

California Riverside County Palm Springs 92264 Warm Sands

981 E Parocela Place Unit 2, Palm Springs, CA

This home is located at 981 E Parocela Place Unit 2, Palm Springs, CA 92264 and is currently estimated at $1,242,060, approximately $1,678 per square foot. 981 E Parocela Place Unit 2 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.

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