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$395,000

Beds
1
Baths
0.75
sq ft
744

130 W Racquet Club Rd Unit 314, Palm Springs, CA 92262

130 W Racquet Club Rd Unit 314

Palm Springs, CA 92262

  • 25 days on market
    • Price drop $13,000↓
    • Open house Sep 28
Nestled in the gated enclave of Club Condominiums, with only 52 units on fee land, 130 W Racquet Club Rd #314 is a rare find. This spacious end-unit offers a serene living experience as the largest 1-bedroom floor plan in the community. An additional room, currently used as an office, provides flexibility for a second bedroom or any purpose that suits your needs. The William Cody inspired architecture showcases stunning interior and exterior lines as well as an emphasis on strategic window placement and utilization of natural light. This home features two outdoor patios, one covered for year-round enjoyment and the other offering a peekaboo view of the majestic San Jacinto Mountains. Inside, modern conveniences abound with a full suite of Bosch appliances, a rebuilt Dave Lennox Signature Collection air conditioner, updated in 2022, and a new* Bradford White 30-gallon electric water heater installed in December 2023. Club Condominiums is a well-maintained community with a rich history attached to some of Hollywood's finest and remarkable access to downtown Palm Springs. The shared pool and hot tub offering breathtaking views of the San Jacinto Mountains and were refreshed in the summer of 2023. Residents enjoy lush, landscaped grounds with lemon and grapefruit trees, all maintained by the HOA. The monthly dues of $543 cover pool maintenance, exterior building and roof upkeep, water, and trash services. Other features include: one covered parking space, ample guest parking, no rental minimums, and the ability to obtain a short term rental permit.'

Details

Property type

Condominium

Est. home value

$417,389

Lot size

Unknown

Price per sq ft

$531

Year built

1971

Monthly HOA fee

$543

Price History

09/24/2024
CLAW

CLAW #24434327

Price change
$395,000
-3.19%
09/02/2024
CLAW

CLAW #24434327

Listed
$408,000
-4.9%
07/30/2024
DesertArea

DesertArea #219108459

Removed
$429,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$14,103
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$349,297
Cash to seller
$14,103

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

February 2022

Original loan amount

$369,550

Est. remaining balance

$349,297

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Elizabeth Bronwen Tibbe and Christopher Downing Tibbe

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?

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Status: Active

Tomo last checked: 09/27/2024 at 5:30 PM

Listing updated: 09/27/2024 at 3:40 PM

Listed by: James Gault, Compass Phone #: (760) 350-9253

MLS: CLAW #24434327

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