NOT LISTED FOR SALE

Estimated Value: $1,177,000 - $1,381,000

4 Beds
4 Baths
2,651 Sq Ft
$477/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $768,000 $290 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,656/month

121 Days on Market

About This Home

As of June 2017

$150,000 price improvement making this architectural gem the best value in Palm Springs. Murano's Most Stunning Original Model Home! The finest home built as part of Murano's original development. Largest floor plan with separate detached Casita. Designed by Jim Cioffi, A.I.A. using superior materials and appointments. A statement in modern design & being offered FULLY TURNKEY FURNISHED. Located on a view lot with amazing views from the one-of-a-kind pool/spa area. Concrete floors. Waterfall quartz kitcheni sland,glass filled Great Room, perfect master suite & huge spa bath plus 2 more suites inthe main home. PoolsideCasita & loads of outdoor spacefor entertaining. Priced to sell. 4 BD/4 BA, 2651 Sq Ft, No HOA!

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 01/09/2017

Compass

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,394

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Cross Street: N AVENIDA CABALLEROS
  • Entry Location: Main Level
  • Active Date: 2017-01-09
  • Full Bathroom: 4
  • Builder Name: ENTERPRISE CALIFORNIA
  • Building Size: 2651.0
  • Building Structure Style: Modern
  • Driving Directions: North on Avenida Caballeros. Cross Racquet Club. Murano on the Right.
  • Full Street Address: 1050 AZURE CT
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-06-26
  • Spa Descriptions: Heated - Gas
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Bathroom Features: Double Vanity(s), Granite, Low Flow Toilet(s)
  • Bedroom Features: 2 Master Bedrooms, Master Retreat, WalkInCloset
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Appliances: Built-In BBQ, Range Hood, Microwave, Built-In Gas
  • Advertising Remarks: $150,000 price improvement making this architectural gem the best value in Palm Springs. Murano's Most Stunning Original Model Home! The finest home built as part of Murano's original development. Largest floor plan with separate detached Casita. Desig
  • Total Bedrooms: 4
  • Builders Tract Code: 5051
  • Builders Tract Name: MURANO
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Interior Amenities: Furnished
  • Fireplace Rooms: Great Room, Patio
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer, Water Line to Refrigerator
  • Association Phone Number: Murano
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Concrete Slab
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 14810
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces West
  • Construction: Frame, Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Structures: GuestHouse
  • Patio: Patio Open, Concrete Slab
  • Community Features: Community Mailbox
  • Fence: Block Wall
  • Roofing: Elastomeric

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • Water District: DESERT WATER
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Zoned A/C
  • Heating Type: Central Furnace
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System

Condo/Co-op/Association

  • HOA: No

Schools

  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 12, 2017
Sold by
Hail James A and Hail Cynthia J
Bought by
Alamo Arturo R and Alamo Katherine
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$979,000
Sold Price
$768,000
Premium/Discount to List
-$211,000
-21.55%
Current Estimated Value
$1,264,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,891
Avg. Annual Appreciation
6.26%
Original Mortgage
$614,400
Outstanding Balance
$510,070
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$758,977

Purchase Details

Closed on
Jun 25, 2007
Sold by
Ps Avenida Caballeros/San Rafael Llc
Bought by
Hail Ii James A and Hail Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alamo Arturo R $768,000 First American Title Company
Hail Ii James A $1,075,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alamo Arturo R $614,400
Previous Owner Hail Ii James A $1,067,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $768,000 -3.9% $290 / Sq Ft
04/25/2017 04/25/17 Price Changed $799,000 -15.8% $301 / Sq Ft
03/03/2017 03/03/17 Price Changed $949,000 -3.1% $358 / Sq Ft
01/09/2017 01/09/17 For Sale $979,000 -- $369 / Sq Ft
Source: The MLS

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 $11,394 $891,321 $266,931 $624,390
2023 $11,394 $856,713 $256,567 $600,146
2022 $11,614 $839,916 $251,537 $588,379
2021 $11,375 $823,448 $246,605 $576,843
2020 $10,866 $815,006 $244,077 $570,929
2019 $10,676 $799,027 $239,292 $559,735
2018 $10,471 $783,360 $234,600 $548,760
2017 $10,745 $803,000 $241,000 $562,000
2016 $10,018 $754,000 $226,000 $528,000
2015 $9,532 $734,000 $220,000 $514,000
2014 $9,108 $693,000 $208,000 $485,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-191026PS

The MLS

APN: 501-630-055