$410,000
SOLD DEC 16, 2013
2 Beds
2 Baths
1,600 Sq Ft
0.26 Acres

Recently Sold

$256 Per Sq Ft

18% Below List Price

23 Days on Market

About This Home

As of January 2018

First time on the market in 32 years. Was an Alexander built home. There were some changes made 30 years ago. This home is heavy fixer. Two of original 3 bedrooms were combined to one large master years back. Large parcel, mountain views from pool. There was an add on 30 years back and that square footage may not be on the tax rolls. No one has lived in the home for 15 - 20 years.

Last Agent to Sell the Property

Patrick Lynn

Patrick J Lynn, Broker License #00647275 Listed on: 10/27/2013

Last Buyer's Agent

The Cyr Stray Team

Leaskou Partners, Inc

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,832

Year Built

1958

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2013-10-28
  • Full Bathroom: 2
  • Building Size: 1600.0
  • Building Structure Style: Mid Century
  • Driving Directions: East of Camino Real, south of HWY 111
  • Full Street Address: 1020 E LA VERNE WAY
  • Primary Object Modification Timestamp: 2018-05-04
  • Property Condition: Fixer, Repairs Major
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Eating Areas: Dining Area
  • Advertising Remarks: First time on the market in 32 years. Was an Alexander built home. There were some changes made 30 years ago. This home is heavy fixer. Two of original 3 bedrooms were combined to one large master years back. Large parcel, mountain views from pool. There
  • Total Bedrooms: 2
  • Builders Tract Code: 7020
  • Builders Tract Name: TWIN PALMS
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room
  • Floor Material: Carpet
  • Laundry: In Garage
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11326
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces South
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab

Garage/Parking

  • Parking Spaces Total: 2
  • Parking Type: Garage Is Attached

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Back Yard, Curbs, Fenced Yard, Single Lot

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Sold by
Mcelroy Sarah
Bought by
Mcelroy Thomas P
Current Estimated Value
$1,623,151

Purchase Details

Closed on
Apr 9, 2018
Sold by
Mcelroy Thomas P and Young Andrea D
Bought by
Beautiful Twin Llc

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jan 4, 2018
Sold by
Butler Robert T
Bought by
Mcelroy Thomas P and Young Andrea D
Seller's Agent
Marc Sanders
Compass
Buyer's Agent
Nancy Kilar
Keller Williams Luxury Homes
List Price
$1,135,000
Sold Price
$1,000,000
Premium/Discount to List
-$135,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Jul 1, 2014
Closed on
Jul 10, 2014
Sold by
Hawkes Howard P and Kemper Kevin
Bought by
Butler Robert T
Seller's Agent
The Cyr Stray Team
Leaskou Partners, Inc
Buyer's Agent
Marc Sanders
Compass
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$693,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2013
Closed on
Nov 26, 2013
Sold by
Wilson Robert and Reynolds Dean
Bought by
Hawkes Howard P and Kemper Kevin
Seller's Agent
Patrick Lynn
Patrick J Lynn, Broker
Buyer's Agent
The Cyr Stray Team
Leaskou Partners, Inc
List Price
$500,000
Sold Price
$410,000
Premium/Discount to List
-$90,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.48%
Original Mortgage
$415,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
Reynolds Dean
Bought by
Reynolds Dean
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Grant Deed $1,000,000 Orange Coast Title Company
Grant Deed $925,000 Lawyers Title
Grant Deed $410,000 Lawyers Title
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $693,750 New Conventional
Previous Owner $415,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $1,000,000 -11.9% $475 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $1,135,000 +22.7% $539 / Sq Ft
07/31/2014 07/31/14 Sold $925,000 -2.5% $438 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $949,000 +131.5% $449 / Sq Ft
12/16/2013 12/16/13 Sold $410,000 -18.0% $256 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $500,000 +22.0% $313 / Sq Ft
10/28/2013 10/28/13 Off Market $410,000 -- --
10/27/2013 10/27/13 For Sale $500,000 -- $313 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,832 $1,137,825 $341,347 $796,478
2023 $13,832 $1,093,643 $328,093 $765,550
2022 $14,114 $1,072,200 $321,660 $750,540
2021 $13,826 $1,051,177 $315,353 $735,824
2020 $13,198 $1,040,400 $312,120 $728,280
2019 $12,968 $1,020,000 $306,000 $714,000
2018 $12,438 $977,043 $293,112 $683,931
2017 $12,254 $957,886 $287,365 $670,521
2016 $11,892 $939,105 $281,731 $657,374
2015 $11,434 $925,000 $277,500 $647,500
2014 $5,233 $410,000 $125,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-714767PS

APN: 511-132-007