816 E Cottonwood Rd #1 Palm Springs, CA 92262

$130,500 Sold Price as of 02/16/2016

2 Beds
1 Baths
816 Sq.Ft.

Off Market

$130,500 Sold Price as of 02/16/2016 Refinance Your Mortgage

Map preview of 816 E Cottonwood Rd #1, Palm Springs, CA 92262

Property Overview: 816 E Cottonwood Rd #1 Palm Springs, CA has 2 bedrooms, 1 bathrooms, 816 living square feet and 761 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

816 E Cottonwood Rd #1 is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $718,000. The median price per/sqft for Palm Springs is $458. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $143,600 for the down payment and will need roughly $14,360 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $29,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 816 E Cottonwood Rd #1

Last sold for $130,500 on February 16th, 2016

February, 2016
Feb 16, 2016

Date

Sold (Public Records)

Public Records

$130,500

Price
October, 2015
Oct 29, 2015

Date

Price Change

CRMLS: 15954587PS

$139,000

Price
Listing provided courtesy of CRMLS

Welcome to Desert Arches! An intimate and well maintained community on fee simple land(you own it) in central Palm Springs, walking distance to the chic Riviera and Spa resort and minutes away from downtown Palm Springs with its restaurants, shopping and entertainment. This spacious and bright single story 2 bed/2 bath condo is a real charmer, and was recently repainted with a cheerful color palette. It features an open floor plan, low maintenance ceramic floors throughout, generous storage, modern bathroom vanities and an en suite master bedroom with walk-in closet with direct access to a private outdoor patio with some mountain views. This friendly community offers two pools recently updated surrounded by mature landscaping, gated access and assigned parking. This property would make for a great starter home or easy weekend retreat with reasonable HOA dues of $288 per month. Grab this sweet condo now and start enjoying the Palm Springs life style!

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May, 2006
May 10, 2006

Date

Sold (Public Records)

Public Records

$190,000

Price

Tax History for 816 E Cottonwood Rd #1

Assessed Value (2020): $141,253

Year	Land Value	Improved Value	Assessed Value
2020	$35,312	$105,941	$141,253

About 816 E Cottonwood Rd #1

Detailed summary of property

816 E Cottonwood Rd #1 is a condominium in Palm Springs, CA 92262 and last sold on February 16, 2016 for $130,500. This condo has 2 bedrooms, 1 bathrooms, roughly 816 living square feet, and sits on an approximately 761 square foot lot. Homes in Palm Springs are selling for a median price of $590,000 and a median price per square foot of $412. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 77.88% lower than the current median priced home. 816 E Cottonwood Rd #1 was last sold on February 16, 2016 for $130,500. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 130 days. There are currently 769 homes for sale in the Palm Springs real estate market and 397 of them are single family homes while 358 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 816 E Cottonwood Rd #1 Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 816 E Cottonwood Rd #1

Public county record property details

Beds: 2
Baths: 1
Year built: 1975
Sq. Ft.: 816
Lot Size: 761
Stories: 1

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Riverside
Lot#: 9
APN: 507-043-009

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$785,000

Median List Price/Sq.Ft.

$472

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

468

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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