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$389,000

Beds
2
Baths
2.0
sq ft
1,345

261 E La Verne Way Unit K, Palm Springs, CA 92264

261 E La Verne Way Unit K

Palm Springs, CA 92264

  • 62 days on market
    • Price drop $10,000↓
Casa Canyon is a desert modernist gem designed by renowned architect William F. Cody, AIA. Located in the desirable southern end of Palm Springs, this second-floor unit stays cool and energy-efficient, shielded from excessive heat to help lower electric bills. The building features a community elevator for easy access and a convenient trash chute. This two-bedroom, two-bath condo offers 1,345 sqft of open living space with high ceilings and luxury vinyl floors, (bedrooms are carpeted). The spacious primary bedroom includes an en-suite bath and a private covered patio with stunning mountain views. The large covered patio is perfect for dining or relaxing while enjoying the desert landscape. All appliances are electric, enhancing efficiency. Features include an energy-efficient electric tankless hot water heater and a Lennox Energy Star Qualified HVAC system with a Wi-Fi-enabled thermostat for remote access. The kitchen boasts a breakfast counter/bar. Upgrades totaling $30,774 include a Whirlpool stainless dishwasher, Samsung Bespoke 4-door smart French refrigerator, and Hunter ceiling fans throughout. Casa Canyon is on FEE SIMPLE LAND (you own the land) and is close to hiking trails, Indian Canyon golf course, and vibrant dining along South Palm Canyon Drive. Whether you seek a seasonal getaway or a year-round home, this condo offers the perfect desert escape. Don't miss this incredible opportunity!

Details

Property type

Condominium

Est. home value

$385,960

Lot size

Unknown

Price per sq ft

$290

Year built

1976

Monthly HOA fee

$600

Price History

12/02/2024
DesertArea

DesertArea #219118652

Price change
$389,000
-2.51%
10/22/2024
DesertArea

DesertArea #219118652

Listed
$399,000
+5%
11/17/2023
CRMLS

CRMLS #EV23066065

Sold
$380,000

Schools & Community

Neighborhood: 

Canyon Corridor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

50

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

-$17,668
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$375,548
Cash to seller
-$17,668

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2023

Original loan amount

$380,000

Est. remaining balance

$375,548

Interest rate

7.09%

Loan type

VA, 30 year

Seller

Robert Jones and Cynthia Bettison Jones

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: 12/23/2024 at 7:25 AM

Listing updated: 12/02/2024 at 2:51 PM

Listed by: Daniel A Abello, Realty Trust Phone #: (760) 327-8000

MLS: DesertArea #219118652

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