tomo logo

$1,380,000

Beds
4
Baths
2.5
sq ft
2,731

3100 E Sonora Rd, Palm Springs, CA 92264

3100 E Sonora Rd

Palm Springs, CA 92264

  • 78 days on market
    • Price drop $100,000↓
"Discover the coveted ''Los Compadres'' neighborhood in South Palm Springs, where this gem awaits. This spacious home boasts 4 bedrooms and 2.5 baths, with an additional bedroom conversion from a third garage by the previous owner. Stepping through the grand double door entry, you're greeted with an inviting open-concept layout, accentuated by abundant natural light by oversized windows flooding the living and dining areas. The living and dining areas exude elegance with soaring ceilings, offering seamless transitions to the entertainer's backyard with picturesque mountain vistas. A centrally located bar creates a perfect gathering spot for entertaining. The Kitchen is adorned with sleek white cabinetry, quartz countertops, and ample cabinet space. The primary suite boasts high ceilings, a walk-in closet, and while the bathroom requires a touch of TLC, it presents an excellent opportunity for personalization. The remaining three bedrooms have been recently refreshed, including the removal of popcorn ceilings, fresh paint, and the addition of new ceiling fans. Outside, the rear yard beckons with its inviting pool and spa, accompanied by a convenient barbecue island for outdoor dining. A spacious side yard offers ample space for relaxation and recreation. Additionally, the property features a new A/C system (which was replaced in 2022) ensuring year-round comfort. With no HOA fees and situated on Fee Land (NOT LEASED!), this home presents a rare opportunity to own in one of Palm Springs' most desirable neighborhoods. Don't miss your chance to experience the epitome of Palm Springs living!

Details

Property type

Single Family Residence

Est. home value

$1,490,000

Property condition

Updated/Remodeled

Lot size

9,583 sq ft

Price per sq ft

$506

Year built

1979

Price History

05/11/2024
CRMLS

CRMLS #TR24062081

Price change
$1,380,000
-6.76%
04/12/2024
CRMLS

CRMLS #TR24062081

Listed
$1,480,000

Schools & Community

Neighborhood: 

Los Compadres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

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

$1,215,076
Asking price
$1,380,000
Closing costs (~8% of asking)
-$110,400
Est. remaining loan balance
-$54,524
Cash to seller
$1,215,076

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

Seller’s Loan History

Lender

Indymac Mtg Holdings Inc

Loan start date

April 1999

Original loan amount

$170,000

Est. remaining balance

$54,524

Interest rate

6.77%

Loan type

Not Provided, 30 year

Seller

Gilbert Wiener

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: 06/29/2024 at 5:35 AM

Listing updated: 05/12/2024 at 2:10 PM

Listed by: Lany Indrawati, Homequest Real Estate Phone #: (909) 606-0888

MLS: CRMLS #TR24062081

CRMLS logo

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