tomo logo

$379,500

Beds
2
Baths
1.75
sq ft
1,096

255 S Avenida Caballeros Unit 203, Palm Springs, CA 92262

255 S Avenida Caballeros Unit 203

Palm Springs, CA 92262

  • 157 days on market
    • Price drop $8,000↓
This fantastic condo has undergone a little facelift! It's lighter, brighter, fresh, clean, and ready for you to move right in! New carpet has been installed, and the entire unit has been painted and cleaned from top to bottom. Just a short 15-minute stroll from the heart of downtown Palm Springs, California, this 1096 square foot condo is a perfect choice if you are seeking a centrally located, low-maintenance property. This delightful ground floor condo presents 2 bedrooms and 2 bathrooms, tastefully renovated to perfection. The entrance leads you to an open and airy living and dining area, while the kitchen showcases upgraded cabinets, countertops, and black stainless steel appliances. The primary bathroom has also received a beautiful upgrade, featuring a beautifully tiled walk-in shower and dual vanities. The recent replacement of the air conditioning unit ensures your comfort throughout the warm summer months. Step through the large sliding glass door to a serene covered patio with direct access to the community pool. Villa Caballeros was designed by the renowned architect Hugh Kaptu, who contributed to the architectural design of Palm Springs. The community has an HOA fee of $520 per month which includes trash, water, and sewer, and features tennis courts, a racquetball court, a community room and library, covered parking, and a pet relief area for your pup. The land lease is approximately $3660 per year and expires in 2080. Call for a showing today!

Details

Property type

Condominium

Est. home value

$370,331

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$347

Year built

1989

Monthly HOA fee

$520

Price History

10/24/2024
DesertArea

DesertArea #219112897

Price change
$379,500
-2.06%
08/19/2024
DesertArea

DesertArea #219112897

Price change
$387,500
-2.02%
06/13/2024
DesertArea

DesertArea #219112897

Listed
$395,500
+16.32%

Schools & Community

Neighborhood: 

Baristo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$132,823
Asking price
$379,500
Closing costs (~8% of asking)
-$30,360
Est. remaining loan balance
-$216,317
Cash to seller
$132,823

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

September 2021

Original loan amount

$232,500

Est. remaining balance

$216,317

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Joshua Petite and Misato Petite

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: 11/17/2024 at 8:45 AM

Listing updated: 11/08/2024 at 11:40 PM

Listed by: Lindsey N Stafford, Windermere Real Estate Phone #: (760) 321-0883

MLS: DesertArea #219112897

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