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$200,000

Beds
1
Baths
1.0
sq ft
589

575 N Villa Ct Unit 112, Palm Springs, CA 92262

575 N Villa Ct Unit 112

Palm Springs, CA 92262

  • 59 days on market
    • Price drop $15,000↓
This an amazing, updated condo with all new flooring, Cabinets, Countertops and plumbing. This condo faces the pool and tennis courts with an amazing view of the mountains, large palm trees, Green Grass. This is a perfect first home, Investment and/or second home close to shopping and restaurants close to downtown palm springs. Seller is very motivated and ready to make a deal.

Details

Property type

Condominium

Est. home value

$204,885

Property condition

Updated/Remodeled

Lot size

624 sq ft

Price per sq ft

$340

Year built

1981

Monthly HOA fee

$515

Price History

07/31/2024
CRMLS

CRMLS #CV24157838

Listed
$200,000
+11.11%
02/02/2022
CRMLS

CRMLS #DW21228797

Sold
$180,000

Schools & Community

Neighborhood: 

Racquet Club West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Palm Springs Unified

Number of units in community: 

100

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

$87,589
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$96,411
Cash to seller
$87,589

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

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

December 2021

Original loan amount

$102,400

Est. remaining balance

$96,411

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Jason Hellawell and Wendi Hellawell

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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510 N Villa Ct Unit 107, Palm Springs, CA 92262

Status: Active

Tomo last checked: 09/27/2024 at 7:15 PM

Listing updated: 08/01/2024 at 4:45 PM

Listed by: Jason Hellawell, TREC HOMES INC. Phone #: (844) 578-7653

MLS: CRMLS #CV24157838

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