Skip main navigation
Sold for $325,000
  • Listed by: Compass • Luke Smith • Contact: 949-793-0086
    Bought with: Windermere Real Estate
    Tax assessed value
    $325,000

    5265 E Waverly Dr Unit 72, Palm Springs, CA 92264

    2beds
    945sqft
    Condominium
    Built in 1979
    -- sqft lot
    $328,100 Zestimate®
    $344/sqft
    $2,107 Estimated rent

    Home value

    $328,100

    $295,000 - $364,000

    $2,107/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,107/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,107/mo

    Rent Zestimate®

    Refinance and save

    $2,558/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,558/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Spacious private balconySparkling pool viewsGenerous closet spaceUpgraded bathroomsVinyl plank flooringUpper-level condoWell-appointed kitchen
    Turnkey Palm Springs Investment Opportunity on FEE Land - Seller Offering to Cover Buyer's Closing Costs!Welcome to 5265 E Waverly Dr #72--a bright, updated 2-bedroom, 2-bath upper-level condo in the highly desirable Palm Canyon Villas. The seller is motivated and will cover the buyer's closing costs when using the seller's preferred escrow company, making this an exceptional opportunity for savvy buyers or investors.Whether you're seeking a full-time residence, weekend escape, or income-producing vacation rental, this property checks all the boxes--and it's located on fee land (you own the land, no lease fees!).Inside, you'll find a stylish open layout with vinyl plank flooring, upgraded bathrooms, and a well-appointed kitchen. The primary suite offers generous closet space, while the second bedroom is ideal for guests or a dedicated office. In-unit laundry and a brand-new AC installed in September 2024 add year-round comfort and convenience.Unwind on the spacious private balcony with sparkling pool views, or head down to enjoy one of the community's multiple pools, spas, or tennis courts. Ideally located near Trader Joe's, Starbucks, Target, and all the best of Palm Springs, this condo is perfectly positioned for both lifestyle and investment.Turnkey, low-maintenance, and ready to go--don't miss out on this deal-sweetened opportunity in sunny Palm Springs!

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Smith DRE #02059916 949-793-0086,

    Compass,

    Co-Listing Agent: Caroline Snyder DRE #02231274 760-507-6672,

    Compass

    Bought with:

    Stephanie Turrentine, DRE #01504280

    Windermere Real Estate

    Source: CRMLS,MLS#: 219127656PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room
    Heating
    • Central
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Refrigerator
    • Laundry: Laundry Closet
    Features
    • Furnished
    • Flooring: Vinyl
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 945 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Has private pool: Yes
    • Pool features: Community, In Ground
    • Spa features: Community, In Ground
    • Has view: Yes
    • View description: Pool
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 681295012
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1979

    Community & HOA

    Community
    • Features: Pool
    • Subdivision: Palm Canyon Villas
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Other Courts, Tennis Court(s)
    • HOA fee: $485 monthly
    • HOA name: Palm Canyon Villas
    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $344/sqft
    • Tax assessed value: $325,000
    • Date on market: 4/4/2025
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    8/19/2025Sold$325,000+2.5%$344/sqft
    Source: CRMLS #219127656PS Report a problem
    8/19/2025Pending sale$317,000$335/sqft
    Source: CDAR/ Desert Area MLS #219127656 Report a problem
    7/23/2025Contingent$317,000$335/sqft
    Source: CDAR/ Desert Area MLS #219127656 Report a problem
    6/2/2025Price change$317,000-2.5%$335/sqft
    Source: Greater Palm Springs Realtors #219127656 Report a problem
    4/4/2025Listed for sale$325,000+39.8%$344/sqft
    Source: Greater Palm Springs Realtors #219127656 Report a problem
    8/12/2021Sold$232,500+5.7%$246/sqft
    Source: Greater Palm Springs Realtors #219065233 Report a problem
    7/23/2021Pending sale$220,000$233/sqft
    Source: CRMLS #219065233DA Report a problem
    7/23/2021Listed for sale$220,000+101.8%$233/sqft
    Source: HDAOR #219065233DA Report a problem
    6/20/2020Listing removed$1,395$1/sqft
    Source: Xepco Properties Report a problem
    4/20/2020Listed for rent$1,395$1/sqft
    Source: Xepco Properties Report a problem
    4/19/2019Listing removed$1,395$1/sqft
    Source: RPM Desert Cities Report a problem
    3/8/2019Listed for rent$1,395$1/sqft
    Source: RPM Desert Cities Report a problem
    6/8/2010Sold$109,000+118%$115/sqft
    Source: Greater Palm Springs Realtors #21396701 Report a problem
    7/18/1995Sold$50,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $325,000 +31.7%
    2025$3,113 -2.5%$246,730 +2%
    2024$3,192 -1.8%$241,893 +2%
    2023$3,249 -0.1%$237,150 +2%
    2022$3,253 +68.8%$232,500 +78.9%
    2021$1,927 +4.2%$129,971 +1%
    2020$1,850 +1.6%$128,639 +2%
    2019$1,821 +1.7%$126,118 +2%
    2018$1,791 +1.3%$123,646 +2%
    2017$1,768 $121,222 +2%
    2016$1,768 +7.6%$118,846 +1.5%
    2015$1,644 +2.8%$117,064 +2.7%
    2014$1,599 $114,000 +22.6%
    2013-- $93,000 +8.1%
    2012-- $86,000 -21.7%
    2011-- $109,820 +70.7%
    2010-- $64,331 -0.2%
    2009-- $64,486 +2%
    2008-- $63,222 +2%
    2007-- $61,983 +2%
    2006-- $60,769 +2%
    2005-- $59,579 +3.9%
    2003-- $57,343 +2%
    2002-- $56,220 +2%
    2001$759 +2.1%$55,119 +2%
    2000$744 $54,039
    Find assessor info on the county website

    Neighborhood: 92264

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $328,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $328,100