NOT LISTED FOR SALE

Estimated Value: $694,000 - $752,000

2 Beds
2.5 Baths
1,593 Sq Ft
$667/mo HOA Fee

Last Sold February 21, 2024

Last sale price $719,000 $451 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,462/month

92 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Family Room with Fireplace

About This Home

As of February 2024

Welcome to 48@Arenas, a peaceful oasis of contemporary townhomes just a stone's throw away from the vibrant heart of Palm Springs. This prime location offers easy access to outstanding restaurants, shopping, entertainment, and all the excitement you desire within a short walk. As you unwind in the comfort of your own space, you'll be captivated by the breathtaking mountain vistas from the generous private deck overlooking the community pool, accessible from the upstairs master suite. The deck also conveniently connects to your gated front patio, allowing guests to effortlessly join you for gatherings beneath the starlit sky. The open kitchen is a true culinary gem, showcasing elegant quartz countertops, modern stainless steel appliances, and a convenient laundry closet. It seamlessly connects to the inviting living area, where polished concrete floors add a touch of sophistication. A cozy fireplace and a well-placed powder room make this space an ideal hub for entertaining and relaxation. This residence boasts two ensuite bedrooms thoughtfully positioned for privacy, each featuring plush carpeting and luxurious spa-like bathrooms with walk-in showers. You'll find comfort and serenity in every detail. Efficient cooling is ensured by a newer Carrier 5-ton HVAC unit, maintaining a pleasant indoor environment throughout the year. Convenience is key, with a covered parking garage right outside your kitchen door and two designated parking spaces adjacent to the unit. Your daily routines become hassle-free. Don't miss the chance to make this unique property your own. Come and experience it for yourself it's a rare gem waiting to be discovered!

Last Listed By

John White

Equity Union License #01973171 Listed on: 10/28/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,115

Year Built

  • Built in 2003

Lot Details

  • 1,742

HOA Fees

  • $667 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,593 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

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

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Attached Carport
  • Guest Parking

Pool

  • In Ground Pool
  • Heated Spa

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 508-088-080

Community Details

Overview

  • 48 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,115

Year Built

Built in 2003

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Builders Tract Code: 5280
  • Complex Name: 48 @ Arenas
  • Entry Floor: 1
  • Living Area: 1593
  • Lot Acreage: 0.0400
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2003
  • Builders Tract Name: 48 @ Arenas
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Family Room
  • Flooring: Carpet, Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Microwave, Garbage Disposal, Ceiling Fan, Dishwasher, Dryer, Washer
  • Price Per S Q F T: 457.63

Exterior Features

  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: Pool, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport, Carport Attached
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central
  • Security: Gated

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 667.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 508-088-080
  • Lot Size Area: 1742

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Feb 7, 2024
Sold by
Danuser Terence Derik
Bought by
Crider Dunagan Trust and Dunagan
Seller's Agent
John White
Equity Union
Buyer's Agent
Brian Wilson
Bennion Deville Homes
List Price
$729,000
Sold Price
$719,000
Premium/Discount to List
-$10,000
-1.37%
Total Days on Market
92
Views
91
Current Estimated Value
$724,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,321
Avg. Annual Appreciation
0.63%
Original Mortgage
$539,250
Outstanding Balance
$533,403
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$190,918

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 11, 2023
Sold by
Cockroft Daniel S
Bought by
Danuser Terence Derik
Seller's Agent
Rebecca May
Berkshire Hathaway HomeService California Properties
Buyer's Agent
Alex Martinez
HomeSmart
List Price
$729,000
Sold Price
$729,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$583,200
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 25, 2020
Sold by
Brennan Marybeth
Bought by
Cockroft Daniel S
Seller's Agent
Steven Lautenbach
Fathom Realty
Buyer's Agent
Rebecca May
List Price
$549,000
Sold Price
$529,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Davis Daniel V
Bought by
Brennan Marybeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Palm Springs Modern Homes I Llc
Bought by
Davis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

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
Crider Dunagan Trust $719,000 Orange Coast Title
Danuser Terence Derik $729,000 Fidelity National Title
Cockroft Daniel S $529,000 Fidelity National Title Co
Brennan Marybeth $535,000 First American Title Company
Davis Daniel $367,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crider Dunagan Trust $539,250
Previous Owner Danuser Terence Derik $583,200
Previous Owner Brennan Marybeth $369,700
Previous Owner Brennan Marybeth $417,000
Previous Owner Davis Daniel $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $719,000 -1.4% $451 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
10/28/2023 10/28/23 For Sale $729,000 0.0% $458 / Sq Ft
08/15/2023 08/15/23 Sold $729,000 0.0% $458 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $729,000 +37.8% $458 / Sq Ft
10/13/2020 10/13/20 Sold $529,000 -3.6% $327 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $549,000 -- $339 / 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
2023 $9,115 $550,371 $52,020 $498,351
2022 $7,218 $539,580 $51,000 $488,580
2021 $7,073 $529,000 $50,000 $479,000
2020 $6,015 $463,830 $115,690 $348,140
2019 $5,858 $450,320 $112,320 $338,000
2018 $5,644 $433,000 $108,000 $325,000
2017 $5,407 $412,000 $103,000 $309,000
2016 $5,352 $412,000 $103,000 $309,000
2015 $4,911 $387,000 $97,000 $290,000
2014 $4,661 $364,000 $91,000 $273,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-326281

The MLS

APN: 508-088-080