tomo logo

$659,000

Beds
2
Baths
2.0
sq ft
2,535

53 Colgate Dr, Rancho Mirage, CA 92270

53 Colgate Dr

Rancho Mirage, CA 92270

  • 20 days on market
Experience the elegance of The Springs Country Club, one of the most sought-after 24-hour guard-gated communities. This exceptional home features a striking art gallery entry with skylights, creating a bright and inviting ambiance. The spacious great room showcases a sleek stacked-stone gas fireplace, seamlessly flowing into a dining area designed to accommodate up to ten guests. Designed for comfort and style, this residence offers two primary en-suites plus a private office. Three bathrooms boast premium cabinetry, quartz countertops, and upgraded flooring. The modern kitchen is equipped with high-end finishes, and a three-zone HVAC system for optimal climate control. Enjoy impressive light-colored flooring throughout and plush carpeting in the bedrooms. The private rear grounds offer breathtaking mountain views and the potential for a custom pool. Additional highlights include an attached two-car garage with a golf cart space and a dedicated laundry room. The Springs Country Club provides an unparalleled lifestyle with a recently renovated clubhouse, social membership, fitness facilities, tennis, pickleball, dining, and resort-style pools. HOA benefits include cable, internet, exterior painting, roof maintenance, earthquake insurance, and 24/7 security. Don’t miss this incredible opportunity to own a piece of luxury in The Springs Country Club.

Details

Property type

Condominium

Est. home value

$767,368

Lot size

Unknown

Price per sq ft

$260

Year built

1978

Monthly HOA fee

$1,709

Price History

02/03/2025
CRMLS

CRMLS #PW25021876

Listed
$659,000
+17.68%
08/20/2021
CRMLS

CRMLS #IV21152479

Sold
$560,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights, Sidewalks

High school district: 

Palm Springs Unified

Number of units in community: 

817

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

$218,057
Asking price
$659,000
Closing costs (~8% of asking)
-$52,720
Est. remaining loan balance
-$388,223
Cash to seller
$218,057

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

Seller’s Loan History

Lender

Franklin Loan Center

Loan start date

August 2021

Original loan amount

$420,000

Est. remaining balance

$388,223

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Ronald J Palmieri and Ronald J Palmieri Revocable Trust

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: 02/23/2025 at 8:40 AM

Listing updated: 02/04/2025 at 10:04 AM

Listed by: Rick Lee, Real Broker Phone #: (619) 248-6434

MLS: CRMLS #PW25021876

CRMLS logo

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