NOT LISTED FOR SALE

108 Canyon Rock Rd Palm Springs, CA 92264

Estimated Value: $851,000 - $1,325,000

3 Beds
2 Baths
1,630 Sq Ft
$667/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $262,500 $161 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $6,113/month

14 Days on Market

About This Home

As of April 2014

Rare find in South Palm Springs on Fee Land (you own it) for under $300,000. This post war bungalow duplex is located on one of the most eclectic streets in Palm Springs. Close to downtown, hiking, golf, Ace Hotel. A perfect starter home or great vacation home during the winters. Property has potential to be something great. Needs a little TLC. Current tenants are on month-to-month and pay $925.00 for unit B and $800 for unit A. No HOA either.

Last Agent to Sell the Property

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 02/27/2014

Sotheby's International Realty

Last Buyer's Agent

Joe M. Phelan

HomeSmart Professionals License #01860608

HomeSmart Professionals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,860

Year Built

1947

Lot Details

0

Listing Details

  • Cross Street: SOUTH PALM CANYON
  • Active Date: 2014-03-05
  • Building Size: 1630.0
  • Driving Directions: South Palm Canyon to Canyon Rock Road, make a Left and Duplex is down on the left.
  • Full Street Address: 108 CANYON ROCK RD
  • Primary Object Modification Timestamp: 2015-09-25
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances: Range
  • Advertising Remarks: Rare find in South Palm Springs on Fee Land (you own it) for under $300,000. This post war bungalow duplex is located on one of the most eclectic streets in Palm Springs. Close to downtown, hiking, golf, Ace Hotel. A perfect starter home or great vacation
  • Assessed Land Value: 90663.00
  • Total Bedrooms: 3
  • Builders Tract Code: 7020
  • Builders Tract Name: TWIN PALMS
  • Number Of Buildings: 1
  • Owner Pays: Gardener, Gas, Water
  • Appliances: Refrigerator
  • Laundry: Outside
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 6098

Garage/Parking

  • Carport Spaces: 1
  • Parking Features: Driveway - Gravel
  • Parking Spaces Total: 2
  • Parking Type: Carport Attached

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Electric

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Jun 10, 2014
Sold by
Corbett Neil S
Bought by
Corbett Neil S and Three Palms Trust
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
Joe M. Phelan
HomeSmart Professionals
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%
Current Estimated Value
$1,087,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,500
Avg. Annual Appreciation
12.60%
Original Mortgage
$196,850
Outstanding Balance
$149,897
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$868,103

Purchase Details

Listed on
Feb 27, 2014
Closed on
Apr 11, 2014
Sold by
Canyon Rock Road Lp
Bought by
Corbett Neil S
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
Joe M. Phelan
HomeSmart Professionals
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,850
Outstanding Balance
$149,897
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$868,103

Purchase Details

Closed on
Feb 27, 2008
Sold by
Scott Llc
Bought by
Canyon Rock Road Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 2001
Sold by
Scott James H and Scott Albert W
Bought by
Scott Llc

Purchase Details

Closed on
Jan 3, 2000
Sold by
Scott Albert W
Bought by
Scott James H and Scott Albert W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corbett Neil S -- None Available
Corbett Neil S $262,500 First American Title Company
Canyon Rock Road Lp $1,500,000 Fidelity National Title Co
Scott Llc -- --
Scott James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Neil S $196,850
Previous Owner Canyon Rock Road Lp $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $262,500 -4.5% $161 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $275,000 -- $169 / 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 $3,860 $321,774 $98,061 $223,713
2023 $3,860 $309,281 $94,254 $215,027
2022 $3,939 $303,217 $92,406 $210,811
2021 $3,858 $297,273 $90,595 $206,678
2020 $3,680 $294,226 $89,667 $204,559
2019 $3,615 $288,458 $87,909 $200,549
2018 $3,545 $282,803 $86,186 $196,617
2017 $3,491 $277,259 $84,497 $192,762
2016 $3,386 $271,824 $82,841 $188,983
2015 $3,259 $267,744 $81,598 $186,146
2014 $3,758 $305,371 $91,074 $214,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-740371PS

APN: 511-080-015