tomo logo

$359,500

Beds
2
Baths
2.0
sq ft
1,096

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

255 S Avenida Caballeros Unit 203

Palm Springs, CA 92262

  • 29 days on market
    • Price drop $10,000↓
Welcome to your new home! This charming condo has just received a makeover! It's bright, fresh, and clean—ready for you to move right in. With new carpet and a fresh coat of paint throughout, it truly feels like a brand-new space. You'll love the location, just a lovely 15-minute stroll from downtown Palm Springs, California. This 2 bedroom, 2 bathroom, 1,096-square-foot condo is perfect if you're looking for a central, low-maintenance place to live. The living and dining area is open and airy, and the kitchen is a delight with upgraded cabinets, countertops, and sleek appliances. The primary bathroom has been beautifully updated with a tiled walk-in shower and dual vanities—perfect for your daily routine! You'll stay cool and comfortable all summer long with a brand-new air conditioning unit. Plus, you are just steps away from the serene community pool. Designed by the talented architect Hugh Kaptur, Villa Caballeros is a true gem in Palm Springs. The monthly HOA fee is $520 and includes trash, water, and sewer services. You'll also have access to great amenities like tennis courts, a racquetball court, a community room and library, covered parking, and a pet relief area for your furry friend. The land lease costs approximately $3,660 per year and will expire in 2080. Don't wait—give us a call today to schedule a showing! We can't wait to help you find your new home!

Details

Property type

Condominium

Est. home value

$370,331

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$329

Year built

1989

Monthly HOA fee

$520

Price History

12/13/2024
DesertArea

DesertArea #219120510

Price change
$359,500
-2.71%
11/24/2024
DesertArea

DesertArea #219120510

Listed
$369,500
+8.68%
10/04/2021
CLAW

CLAW #21764668

Sold
$340,000

Schools & Community

Neighborhood: 

Baristo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$114,869
Asking price
$359,500
Closing costs (~8% of asking)
-$28,760
Est. remaining loan balance
-$215,871
Cash to seller
$114,869

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

$215,871

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: 12/22/2024 at 5:40 PM

Listing updated: 12/16/2024 at 12:01 AM

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

MLS: DesertArea #219120510

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