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$599,000

Beds
3
Baths
2.0
sq ft
1,672

1602 S Cerritos Dr Unit C, Palm Springs, CA 92264

1602 S Cerritos Dr Unit C

Palm Springs, CA 92264

  • 4 days on market
    • Open house Jan 18
Welcome to 1602 S Cerritos C, nestled in the prestigious Saddlerock Gardens community, an intimate enclave of condos designed by celebrated mid-century modernist Hugh Kaptur. This beautifully updated and remodeled 1,672-square-foot residence offers a seamless blend of contemporary style and timeless elegance, living more like a single-family home than a condo. The spacious open-plan living area is accentuated by vaulted ceilings with clerestory windows, flooding the space with natural light while framing stunning palm tree top views. A formal entry guides you into the heart of the home, inviting you to unwind in the tranquil atmosphere of this private, serene community. The expansive primary suite is a true retreat, featuring generous sleeping quarters, a large walk-in closet, an additional sliding closet, and a thoughtfully designed en suite with separate dressing and bathing areas. Multiple sets of sliders throughout— in the living room, dining room, and primary suite— create a harmonious flow between the indoors and three lushly landscaped outdoor patios. The central patio, fully enclosed for privacy, connects seamlessly to both the kitchen and primary suite, offering a peaceful haven for outdoor relaxation. Another large private patio off the living room provides easy access to the nearby association pool, just steps away. With an abundance of storage, including numerous interior closets and an attached two-car garage with extra space. Laundry inside the unit. This home offers both style and functionality. The seller's impeccable attention to detail and curated design sensibility have made this property amazing. A testament to the quality and care of its recent renovations. Saddlerock Gardens is a hidden gem set on 10 acres of lush, park-like grounds with only 43 units, ensuring a peaceful, exclusive atmosphere. Enjoy resort-style amenities including two pools, spas, tennis courts, pickleball, and a lanaiall enhancing the unparalleled Palm Springs lifestyle. Situated just across from the Smoketree Shopping Center, with shopping, dining, and transportation options just a short walk away, this home offers both convenience and luxury. Whether you're looking for a new home or a successful investment, this meticulously updated residence is the perfect choice.

Details

Property type

Condominium

Est. home value

$628,115

Lot size

Unknown

Price per sq ft

$359

Year built

1978

Monthly HOA fee

$558

Price History

01/14/2025
DesertArea

DesertArea #219122771

Listed
$599,000
+4.17%
01/04/2022
CLAW

CLAW #21101967

Sold
$575,000

Schools & Community

Neighborhood: 

Sonora Sunrise

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

43

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

$190,743
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$360,337
Cash to seller
$190,743

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

December 2021

Original loan amount

$431,250

Est. remaining balance

$360,337

Interest rate

2.37%

Loan type

New Conventional, 16 year

Seller

Lee R Lachmund and Moundir A Raif

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: 01/17/2025 at 5:55 PM

Listing updated: 01/15/2025 at 9:14 AM

Listed by: Michael B Slate, Equity Union Phone #: (760) 621-0395

MLS: DesertArea #219122771

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