tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,084

401 S El Cielo Rd Unit 85, Palm Springs, CA 92262

401 S El Cielo Rd Unit 85

Palm Springs, CA 92262

  • 1 day on market
This beautiful two-bedroom, two-bathroom downstairs condo offers stunning mountain views and modern upgrades throughout. The updated kitchen features sleek countertops, designer kitchen faucet, new garbage disposal, a modern LED chandelier in the dining room, and newer appliances, perfect for cooking and entertaining. The master bathroom has been tastefully renovated with stylish fixtures and finishes. Enjoy the comfort of single-level living with easy access to outdoor spaces. This condo combines convenience with beautiful surroundings, making it an ideal place to call home. The pool is just behind the unit, and the tennis courts and trash drop are conveniently nearby. The private developer land lease has been recently adjusted and extends through 2076. Everything is ready for you to move in and enjoy hassle-free living. 30-day minimum rental.

Details

Property type

Condominium

Est. home value

$346,442

Lot size

Unknown

Price per sq ft

$323

Year built

1988

Monthly HOA fee

$425

Price History

09/18/2024
CRMLS

CRMLS #EV24194179

Listed
$350,000
+2.97%
10/04/2023
CLAW

CLAW #23291131

Sold
$339,900
+25.42%
06/03/2021
CRMLS

CRMLS #CV21087938

Sold
$271,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Palm Springs Unified

Number of units in community: 

240

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

$35,721
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$286,279
Cash to seller
$35,721

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2023

Original loan amount

$288,915

Est. remaining balance

$286,279

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Liam Duvall Muirhead

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: 09/19/2024 at 3:00 PM

Listing updated: 09/18/2024 at 7:20 PM

Listed by: WAFA RODRIGUEZ, REALTY MASTERS & ASSOCIATES Phone #: (909) 303-4500

MLS: CRMLS #EV24194179

CRMLS logo

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