5 months on rocket

501 Desert Lakes Cir, Palm Springs, CA, 92264

$695,000

Home List Price

$8,253*

Closing Credit

2 Bedrooms
2 Full Baths
1,778 SqFt
$391/SqFt
Condo
Schools Nearby

Location

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501 Desert Lakes Cir, Palm Springs$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Assigned, Controlled Entrance, Covered, Carport, Direct Access, Garage, Guest, Side By Side, Storage
Attached Garage2 spaces
Year Built1972
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewPark, Golf Course, Hills, Mountain(s), Panoramic
MLS #23336653
StatusActive

About 501 Desert Lakes Cir

"Major Price Reduction" Welcome to "Seven Lakes Golf and Country Club " your hide away. This magnificent community property offers 15 Heated Pools and Spas, Tennis, Pickle Ball, 18 Holes of Golf on the Ted Robinson Designed Golf Course, electric car charging stations, Delicious Lunch or Dinner at the Club House Restaurant designed by famous William Cody sitting at a table with Golf Course views or lounge at the 24HR Guarded and Gated Community with on sight HOA Management. Next to the hottest Parker Hotel minutes from you. Live your Palm Springs Dream This Mid-Century Modern two bedrooms, two bathrooms home designed by Palm Springs Architect Richard Harrison which faces head on with unobstructed Golf Course Views. Front and back out side large out door patio area great to entertain and an open flow to the living room, dinning room and the gorgeous kitchen. Large main bedroom with a walk in closet, with additional closet space. A large main bathroom with double sinks and luxurious shower. 2nd bedroom walk in closet has been turned into an office. Both bedrooms have a sliding doors opening in to the back yard area to relax and enjoy. 2 Parking spaces side by side attached Carport includes a private EV charging cable and in front of the unit with a storage space. Directly across is one of the 15 heated pools and spa with barbecue / kitchen area for you to entertain. Property is on the market also for lease, short or long term. Very easy to show Vacant and on SUPRA

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1972
  • Stories: 2
  • Living Area: 1,778 SqFt

Listing Office:

  • Office Name: Nelson Shelton Real Estate Era Powered
  • Office Phone: (310) 271-2229
  • Listing Agent: Gosia Miras

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Carpet
  • Interior: Balcony, Furnished, High Ceilings, Open Floorplan, Dressing Area, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Park, Golf Course, Hills, Mountain(s), Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Assigned, Controlled Entrance, Covered, Carport, Direct Access, Garage, Guest, Side By Side, Storage

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Cahuilla Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From E Palm Canyon Drive, head North on Cherokee Way (by The Parker Hotel) to Guard gated Entry.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $391/SqFt

HOA Fees:

  • Amount: $1307
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,304
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$649.9K

Med. Price/SqFt

$426

Avg. Days On Market

56

# of Sold Homes

170

501 Desert Lakes Cir vs Palm Springs

165 DAYS ON ROCKET

+109 Days

$695,000

+$45K More

$391/SqFt

-$35 Less

KEY TAKEAWAY

This property is $45K more than the Median Sold Price and $35/SqFt less than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23336653

Listing Office:

  • Office Name: Nelson Shelton Real Estate Era Powered
  • Office Phone: (310) 271-2229
  • Listing Agent: Gosia Miras

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 12:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 31, 2012Home Sold
$150,000
Nov 25, 1996Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,304$174,051
2020$2,304$172,267
2018$2,225$165,579
2017$2,135$162,333

History based on county public records data.

Payment Calculator

$4,843

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2308896
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 1.88 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2308897
4
/10

  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 3.56 miles

  • Public District Grades 6-8

High School

school-card-donut-2308898
7
/10

  • Palm Springs High School

  • 2401 E Baristo Rd

  • 1.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,250. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Desert Lakes Cir

What is the listing price of this property?

The listing price of 501 Desert Lakes Cir property is $695,000.

What type of property is this?

The property 501 Desert Lakes Cir is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 501 Desert Lakes Cir is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Desert Lakes Cir are:
Cahuilla Elementary School: GreatSchools Rating 6/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,304 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 31, 2012 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Desert Lakes Cir has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Desert Lakes Cir is 1,778 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Desert Lakes Cir is 1972.

Rocket Homes›California›Riverside County›Palm Springs›92264›501 Desert Lakes Cir

This home is located at 501 Desert Lakes Cir in Palm Springs, CA and zip code 92264. This 1,778 square foot home was built in 1972. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 03, 2023 and is currently priced at $695,000.

Palm Springs, CA housing market in April 2024 saw over 17 listings sold above listed price, more than 30 sold at listed price and over 123 sold below. In April 2024 in Palm Springs, CA there were 10.8% more homes for sale than in March 2024. While the average time on the market in April 2024 was 56 days, the median list price was $649,950.

From Rocket Homes Real Estate and based on county public records data.

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