tomo logo

$359,500

Beds
1
Baths
1.0
sq ft
883

1380 S Camino Real, Palm Springs, CA 92264

1380 S Camino Real

Palm Springs, CA 92264

  • 129 days on market
Stylish contemporary condo Sold turn-key, fully furnished and set up for rental. 1-bedroom, 1-bathroom at The Biltmore.Perfect for a weekend retreat or full-time residence.The 19' vaulted ceiling gives a real wow factor, making it feel open and spacious. When you step outside, you'll find a community pool, spa, tennis, outdoor kitchen, and BBQ area - perfect for soaking up the sun and hosting memorable gatherings. And let's not forget the killer mountain views that'll take your breath away every single day. This spot is in a prime location in South Palm Springs, close to all the cool spots like Villa Royale, Ace Hotel Swim Club/Kings Highway restaurant, Koffi, Sparrows Lodge, Purple Room and more!. You've got everything you need right at your fingertips. Don't miss the single car attached private garage with storage space. *New HVAC package unit installed 9/2023

Details

Property type

Condominium

Est. home value

$318,024

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$408

Year built

1973

Monthly HOA fee

$360

Price History

05/22/2024
DesertArea

DesertArea #219111862

Listed
$359,500
-0.14%
05/21/2024
DesertArea

DesertArea #219103182

Removed
$360,000
03/29/2024
DesertArea

DesertArea #219103182

Price change
$360,000
-1.34%

Schools & Community

Elementary school: 

Cahuilla

Middle school: 

Raymond Cree

High school: 

Palm Springs

Community features: 

Pool

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

$131,260
Asking price
$359,500
Closing costs (~8% of asking)
-$28,760
Est. remaining loan balance
-$199,480
Cash to seller
$131,260

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

$199,480

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?

Status: Active

Tomo last checked: 09/27/2024 at 7:15 PM

Listing updated: 08/07/2024 at 6:58 AM

Listed by: Christopher T Johnson, Compass Phone #: (760) 350-9253

MLS: DesertArea #219111862

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