tomo logo

$309,000

Beds
1
Baths
1.0
sq ft
883

1380 S Camino Real, Palm Springs, CA 92264

1380 S Camino Real

Palm Springs, CA 92264

  • 15 days on market
Welcome to your modern oasis in the heart of south Palm Springs! This beautifully appointed 1-bedroom, 1-bathroom condo at the Biltmore community is the perfect oasis for part time, full time or as an investment rental property. It's the perfect blend of style and comfort, ideal for those seeking a tranquil retreat with all the conveniences of contemporary living. Spanning 883 square feet, this fully furnished home is designed with an open-concept layout that maximizes space and natural light. The living area flows seamlessly into a private outdoor space, perfect for enjoying the stunning mountain views and desert sunsets. The kitchen is equipped with modern appliances and ample cabinetry, making it a joy to prepare meals and entertain guests. The spacious bedroom offers a serene escape, complete with generous closet space and an en-suite bathroom featuring sleek fixtures and finishes. For added convenience, a washer and dryer are included in the unit. New HVAC in Nov. 2023. Residents will appreciate the added benefit of a garage, providing secure storage for vehicles and gear. The community pool offers a refreshing escape on warm days, while air conditioning ensures comfort year-round. This Palm Springs gem is a rare find, offering the chance for full/part time living or an investment. Don't miss the opportunity to make this your new home!

Details

Property type

Condominium

Est. home value

$318,024

Lot size

Unknown

Price per sq ft

$350

Year built

1973

Monthly HOA fee

$360

Price History

11/07/2024
CLAW

CLAW #24461195

Listed
$309,000
-14.05%
10/01/2024
DesertArea

DesertArea #219111862

Removed
$359,500
05/22/2024
DesertArea

DesertArea #219111862

Listed
$359,500
-0.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$85,590
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$198,690
Cash to seller
$85,590

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

January 2022

Original loan amount

$211,600

Est. remaining balance

$198,690

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Eric Lora

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: 11/22/2024 at 1:35 PM

Listing updated: 11/07/2024 at 7:50 PM

Listed by: Jim Caldwell Jr., Compass Phone #: (760) 350-9253

MLS: CLAW #24461195

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