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$978,834Estimated home value

Beds
3
Baths
2.0
sq ft
1,438

2222 Shannon Way, Palm Springs, CA 92262

2222 Shannon Way

Palm Springs, CA 92262

  • Off market
This home is currently a Vacation Rental and is being sold TURN KEY & FULLY FURNISHED. This modern 3 bed and 2 bath pool home is located in the highly desirable Flora Vista neighborhood in Palm Springs. This well appointed and maintained home offers high ceilings, new flooring, updated kitchen, 2 comfy guest rooms, spacious master suite & bath, 2 car garage, and large fenced yard featuring an amazing pool with pebble tec finish and new pool heater. That's not all, home is outfitted with solar panels to help keep energy costs low. Buyer to assume the solar lease $225 per month. This beautiful home can be your perfect opportunity for full-time living, investment as a short or long term rental, or vacation home! Buyer to check with the city of Palm Springs for requirements and availability. YOU OWN THE LAND!!!

Details

Property type

Single Family Residence

Est. home value

$978,834

Lot size

Unknown

Price per sq ft

$793

Year built

1999

Price History

10/02/2024
DesertArea

DesertArea #219115996

Removed
$1,139,000
09/19/2024
DesertArea

DesertArea #219115996

Price change
$1,139,000
+27.26%
08/30/2024
DesertArea

DesertArea #219115996

Listed
$895,000
-0.44%

Schools & Community

Neighborhood: 

Vista Norte

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$369,155
Asking price
$1,139,000
Closing costs (~8% of asking)
-$91,120
Est. remaining loan balance
-$678,725
Cash to seller
$369,155

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

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

September 2022

Original loan amount

$700,000

Est. remaining balance

$678,725

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Karo Zakaryan

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: Off Market

Tomo last checked: 11/15/2024 at 5:55 PM

Listing updated: 09/21/2024 at 11:49 AM

Listed by: Jessica Oertel, Bennion Deville Homes Phone #: (760) 459-0057

MLS: DesertArea #219115996

DesertArea logo

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