tomo logo

$1,350,000

Beds
3
Baths
2.0
sq ft
1,359

1102 E Adobe Way, Palm Springs, CA 92262

1102 E Adobe Way

Palm Springs, CA 92262

  • 57 days on market
    • Price drop $25,000↓
    • Open house Jun 29
Experience Palm Springs paradise in this stunning mid-century modern Alexander home in the coveted Racquet Club Estates. This 3-bed, 2-bath retreat seamlessly blends modern amenities with timeless charm. Enter through the original breezeway to behold a captivating backyard oasis with a sparkling pool. The main room boasts walls of glass framing the expansive yard, while the open kitchen overlooks the dining and living areas. Cozy up by the fireplace or retreat to the primary bedroom with en-suite bath and private patio. Step outside to enjoy the pool and raised fire pit area, surrounded by lush landscaping. This home is ready for you to move in or use as a vacation rental. Don't miss out - contact the agent for a private showing or virtual tour today! All furniture available for purchase outside of escrow.

Details

Property type

Single Family Residence

Est. home value

$1,238,513

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$994

Year built

1961

Price History

06/07/2024
DesertArea

DesertArea #219111000

Price change
$1,350,000
-1.82%
05/03/2024
DesertArea

DesertArea #219111000

Listed
$1,375,000
+22.22%
09/22/2021
CLAW

CLAW #21760952

Sold
$1,125,000

Schools & Community

Neighborhood: 

Racquet Club Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palm Springs Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$396,071
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$845,929
Cash to seller
$396,071

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Visio Financial Services Inc

Loan start date

September 2021

Original loan amount

$900,000

Est. remaining balance

$845,929

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Stephen Boss Productions Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/29/2024 at 6:50 AM

Listing updated: 06/28/2024 at 4:26 PM

Listed by: Richard Ghysels, Fathom Realty Phone #: (888) 455-3727

MLS: DesertArea #219111000

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