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$1,299,000

Beds
4
Baths
4.0
sq ft
2,705

2500 W La Condesa Dr, Palm Springs, CA 92264

2500 W La Condesa Dr

Palm Springs, CA 92264

  • 157 days on market
    • Price drop $150,000↓
Look no further than this completely remodeled property where creativity and imagination collide.This property has been meticulously redesigned featuring a chef's dream kitchen with open concept to it's spacious living/dining area with a spectacular fireplace. $ redone bedrooms all en-suite. This property is one of the rare few in this complex that is fully detached. There is a community pool and tennis courts but the home's lot has room for a private pool.

Details

Property type

Condominium

Est. home value

$1,179,805

Property condition

Updated/Remodeled

Lot size

5,662.8 sq ft

Price per sq ft

$481

Year built

1982

Monthly HOA fee

$640

Price History

06/26/2024
SFAR

SFAR #424005132

Price change
$1,299,000
-10.35%
01/26/2024
SFAR

SFAR #424005132

Listed
$1,449,000
+28.8%
03/21/2022
CLAW

CLAW #22137343

Sold
$1,125,000
+61.87%

Schools & Community

Neighborhood: 

Canyon Corridor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

28

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

$490,246
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$704,834
Cash to seller
$490,246

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

Seller’s Loan History

Lender

Franklin Loan Center

Loan start date

January 2022

Original loan amount

$742,500

Est. remaining balance

$704,834

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

William J Hales Jr

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: 07/01/2024 at 7:50 AM

Listing updated: 06/26/2024 at 8:23 AM

Listed by: Jay F. Margrey, Vanguard Properties

MLS: SFAR #424005132

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