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$1,235,000

Beds
3
Baths
2.0
sq ft
1,580

1955 S Broadmoor Dr, Palm Springs, CA 92264

1955 S Broadmoor Dr

Palm Springs, CA 92264

  • 32 days on market
    • Open house Sep 29
Classic Palm Springs living begins at this re-imagined Mid-Century modern home in the desirable Tahquitz Creek Golf neighborhood on fee simple land near the golf course. Bright open interiors and multiple private outdoor spaces showcase the inside-to-outside living that is a hallmark of Mid-Century style. Inside this fully walled and gated property, you'll find a private sanctuary of multiple fruit trees, beautiful plumeria trees and varietal lush foliage. As you walk through the front door, you're greeted by a warm and inviting living room with a double-sided fireplace, and a wall-to-wall expanse of glass highlighting the beautiful, recently refinished pool and backyard. Relax around the fire pit while enjoying unobstructed mountain views or soak the day way in the newer above ground spa. This gem makes for a serene retreat or an easy entertaining home with open and easy flow from the fully equipped, modernized kitchen to intimate interior dining or al fresco cocktails poolside. Recent property upgrades include: a new 3-layer foam roof, updated lighting, and polished concrete flooring throughout. The kitchen has white quartz countertops, stainless steel appliances and a 220v convection gas/electric oven. There are currently 22 contracted solar panels from SunRun and an EV Charger in the garage, for a flat monthly fee. The system is transferable to qualified new owners. This home has been used as a successful vacation rental. Being offered turnkey furnished, with some exceptions for artwork available to purchase outside of escrow.

Details

Property type

Single Family Residence

Est. home value

$1,040,202

Property condition

Updated/Remodeled

Lot size

8,276 sq ft

Price per sq ft

$782

Year built

1961

HOA

No

Price History

08/10/2024
CLAW

CLAW #24425457

Listed
$1,235,000
+7.39%
01/19/2023
CLAW

CLAW #22206205

Sold
$1,150,000
+25%
01/12/2022
DesertArea

DesertArea #219070237

Sold
$920,000
+240.74%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$232,300
Asking price
$1,235,000
Closing costs (~8% of asking)
-$98,800
Est. remaining loan balance
-$903,900
Cash to seller
$232,300

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2022

Original loan amount

$920,000

Est. remaining balance

$903,900

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Olive Branch 2 Llc

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: 09/16/2024 at 12:10 PM

Listing updated: 09/10/2024 at 5:29 PM

Listed by: Kevin Rochlitz, Bennion Deville Homes Phone #: (760) 459-0057

MLS: CLAW #24425457

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