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$579,000

Beds
3
Baths
2.0
sq ft
1,248

3700 Eastgate Rd, Palm Springs, CA 92262

3700 Eastgate Rd

Palm Springs, CA 92262

  • 91 days on market
    • Price drop $9,900↓
Newly updated and stylish home minutes to Downtown Palm Springs. Sold fully furnished and perfectly located close to all the excitement Palm Springs has to offer! Sleep comfortably in one of 3 spacious bedrooms. 8 minutes away from the hub of Downtown and a couple minutes from the famous Ariel Tram. Oversized quarter acre fully fenced corner lot perfect to build your outdoor oasis. No HOA and you own the land. Home is short term rental ready with everything you need to obtain a permit with zero hassle! The short term rental cap has not yet been met so huge opportunity to earn a great income through Airbnb and Vrbo. Beautiful mountain views surround you.

Details

Property type

Single Family Residence

Est. home value

$505,352

Lot size

0.26 acres

Price per sq ft

$464

Year built

1961

Price History

06/30/2024
CRMLS

CRMLS #PW24063965

Price change
$579,000
-1.68%
04/28/2024
CRMLS

CRMLS #PW24063965

Price change
$588,900
-0.1%
04/01/2024
CRMLS

CRMLS #PW24063965

Listed
$589,500
+17.9%

Schools & Community

Neighborhood: 

Desert Highland/Gateway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$264,907
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$267,773
Cash to seller
$264,907

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

Seller’s Loan History

Lender

Fidelity Lending Solutions Inc

Loan start date

July 2023

Original loan amount

$270,500

Est. remaining balance

$267,773

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Lyudmyla Maksymchuk

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 7:00 AM

Listing updated: 06/29/2024 at 5:44 PM

Listed by: Suzanne Hajian, Amberwood Real Estate, Inc. Phone #: (562) 799-2388

MLS: CRMLS #PW24063965

CRMLS logo

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