3155 E Ramon Rd APT 503, Palm Springs, CA 92264

2 beds2 baths1,230 sqft Edit

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Sold: $184,500
Sold on 05/06/14
Zestimate®: $192,364
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My Notes

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Cash-Generating turnkey furnished condo in South Palm Springs. Ground floor with mountain views, nicely appointed and NO land lease! Two bedrooms, two bathrooms, and mountain views, too! Located in South Palm Springs, the gated community of Palm Villas is conveniently located within minutes of Downtown Palm Springs and has two community pools, two tennis courts, and HOA fees that include water, cable and trash. This property will have a cash-paying tenant from 12/15/13 through 3/15/14 making it a great fit for investors who want to close escrow on a property that is already cash-generating!

Facts

  • Lot: 1,307 sqft
  • Single Family
  • Built in 1979
  • Cooling: Central
  • Heating: Other
  • Last sold: May 2014 for $184,500
  • Last sale price/sqft: $150

Features

  • Fireplace
  • Parking: Carport
  • Sports Court
  • View: Mountain

    Appliances Included

    • Dishwasher
    • Dryer
    • Microwave
    • Range / Oven
    • Refrigerator
    • Washer

    Construction

    • Roof type: Other
    • Stories: 1
    • Structure type: Other
    • Unit count: 1

    Other

    • Floor size: 1,230 sqft
    • Laundry: In Unit
    • Parcel #: 502550039
    • Zillow Home ID: 18021624

    Zestimate Details

    Zestimate
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    $192,364
    +$1,229 Last 30 days
    $183K
    $202K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,796/mo
    +$226 Last 30 days
    $1K
    $2K
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    Comparable Homes

    Homes like this sold for $150-375K.

    $130K
    $400K
     

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    Neighborhood

    Market guide

    Zillow predicts 92264 home values will increase 5.1% next year, compared to a 4.7% increase for Palm Springs as a whole. Among 92264 homes, this home is valued 31.4% less than the midpoint (median) home, and is valued 20.6% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 92264, the number of foreclosures waiting to be sold is 2.2% greater than in Palm Springs, and 35.6% lower than the national average. This higher local number may prevent 92264 home values from rising as quickly as other regions in Palm Springs.

    Learn more about forecast calculations or 92264 home values.
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      For Sale

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      Rentals

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      Other Units in this Building (41)ZestimateBedsBathsSqft
      Apt 101$195K321,339
      Apt 102$195K321,339
      Apt 103$192K221,230
      Apt 104$192K221,230
      Apt 105$192K221,230
      Apt 106$192K221,230
      Apt 107$195K321,339
      Apt 108$197K221,339
      Apt 201$202K321,339
      Apt 202$195K321,339
      Apt 203$190K221,230
      Apt 204$192K221,230
      Apt 205$192K221,230
      Apt 206$192K221,230
      Apt 208$195K321,339
      Apt 301$195K321,339
      Apt 302$195K321,339
      Apt 303$192K221,230
      Apt 304$192K221,230
      Apt 305$192K221,230

      Nearby Schools in Palm Springs

      GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org