tomo logo

$560,000

Beds
2
Baths
2.0
sq ft
1,003

500 E Amado Rd Unit 201, Palm Springs, CA 92262

500 E Amado Rd Unit 201

Palm Springs, CA 92262

  • 4 days on market
This fully remodeled 2-bedroom, 2-bath condo in the gated Palm Springs Deauville community is move-in ready and sold furnished (with a few personal exceptions). The single-level layout includes two primary suites, each with built-in cabinetry and updated bathrooms. The spacious living and dining area opens to an oversized covered patio, while a second patio extends from the secondary suite. The remodeled kitchen features quartz countertops, white Shaker cabinetry, a pantry, an induction cooktop, and stainless steel KitchenAid appliances, plus a casual breakfast area and dining bar. Additional upgrades include luxury vinyl plank flooring, crown molding, wainscoting, LED lighting, and smart-controlled security. The main suite also includes a laundry space with a full-size stacked washer and dryer. This sought-after Hugh Kaptur corner unit offers west-facing mountain views and easy access to subterranean parking. You can also take advantage of the three gorgeous pools and spas. With a strong rental history and HOA approval for short-term rentals (14-day minimum), this property is an excellent investment opportunity or a stylish Palm Springs getaway.

Details

Property type

Condominium

Est. home value

$537,449

Property condition

Updated/Remodeled

Lot size

1,742.4 sq ft

Price per sq ft

$559

Year built

1985

Monthly HOA fee

$515

Price History

03/21/2025
DesertArea

DesertArea #219126989

Listed
$560,000
+5.66%
08/17/2022
CLAW

CLAW #22164437

Sold
$530,000
+51.43%
02/23/2022
CLAW

CLAW #21791470

Sold
$350,000

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$356,730
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$158,470
Cash to seller
$356,730

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

January 2023

Original loan amount

$162,500

Est. remaining balance

$158,470

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Rodney William Carlson and Eve Louise Carlson

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: 03/26/2025 at 1:25 AM

Listing updated: 03/23/2025 at 12:02 AM

Listed by: Glendon J Nadeau, Compass Phone #: (760) 350-9253

MLS: DesertArea #219126989

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