tomo logo

$375,000

Beds
2
Baths
1.75
sq ft
938

40513 Bay Hill Way, Palm Desert, CA 92211

40513 Bay Hill Way

Palm Desert, CA 92211

  • 50 days on market
    • Price drop $5,000↓
Your Desert Oasis Awaits You! This home is situated at the highly sought after The Palm Desert Resort Country Club! The Resort allows short and long term rentals if you want to make an income. This beautiful fully furnished home features a nice open floor plan, 2 large bedrooms, 1.5 bathrooms, cathedral ceilings and breakfast bar. Enjoy barbequing on your patio with views of the 11th fairway. The Resorter offers 18 hole championship golf course, pro shop, club house with a restaurant and cafe, 2 bars, 20 pools and spa's, pickle ball, tennis courts, bocce ball and so much more! Come and live your best life with your family and friends! Short drive to the Acrisure Arena to watch hockey games or concerts, also Coachella and Stage Coach for the biggest music venues, El Paseo for fashion, shopping, enjoy amazing dinning experiences, not far from the Living Desert Zoo, Palm Springs and Disney Resort Coming Soon! Excellent location don't miss out!

Details

Property type

Condominium

Est. home value

$350,816

Lot size

Unknown

Price per sq ft

$400

Year built

1981

Monthly HOA fee

$777

Price History

10/21/2024
CLAW

CLAW #24441773

Price change
$375,000
-1.32%
09/19/2024
CLAW

CLAW #24441773

Listed
$380,000
+1.33%
07/24/2024
CLAW

CLAW #24395895

Removed
$375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$31,721
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$313,279
Cash to seller
$31,721

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

Seller’s Loan History

Lender

Golden Empire Mortgage Inc

Loan start date

August 2022

Original loan amount

$323,000

Est. remaining balance

$313,279

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Kathleen L Archuleta and Alex D Archuleta

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: 11/08/2024 at 6:20 PM

Listing updated: 10/21/2024 at 1:15 PM

Listed by: Evelyn Diaz, VIP Premier Realty Corp Phone #: (877) 753-9893

MLS: CLAW #24441773

CLAW logo

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