NOT LISTED FOR SALE

1155 E Marion Way Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $844,000 - $1,687,000

3 Beds
4 Baths
2,973 Sq Ft
$458/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $630,000 $212 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $8,414/month

87 Days on Market

About This Home

As of September 2015

Just Reduced $50K - Investor Alert! Exceptional Value in historical Twin Palms - 3 Bedroom, 3-1/2 Bath Pool home on land you own! No Indian land lease here. Offering over 2,900 square feet on a 13K+ sq ft lot with full south exposure. Wraparound mountain views to die for! Formal entry w/double doors lead to an open floor plan; large living room w/walls of glass, formal dining room w/fireplace & a huge den/media room, also w/cozy fireplace. Large bar area off dining/kitchen area, perfect for entertaining. Kitchen offers stainless steel appliances, dual sub zero refrigerators, & abundant storage. Master suite is definitely a master retreat - a separate wing of the home. Offering 3 closets of which two are walk-ins, dramatic fireplace & full en'suite bath w/soaking tub & walk-in shower. Two guest rooms, one en'suite w/built in murphy bed. Ready for entertaining? Indoor/outdoor living at its best including an outdoor kitchen/bar area & expansive backyard w/mature trees & shrubs.

Last Agent to Sell the Property

Joe Simeone

Bennion Deville Home Referrals License #01476531 Listed on: 04/10/2015

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2015
Sold by
Scott Albert Winfield and Scott Teke H
Bought by
Derath Erna and Derath Suzanne
Total Days on Market
87
Current Estimated Value
$1,362,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Scott Albert W and Scott Teke H
Bought by
Scott Albert Winfield and Scott Teke H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,500
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Scott Albert W and Scott Teke
Bought by
Scott Albert W and Scott Teke H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2007
Sold by
Scott A W and Scott Teke
Bought by
Scott Albert W and Scott Teke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2002
Sold by
Scott Albert and Scott Teke
Bought by
Scott A W and Scott Teke
Source: Public Records

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Range of Values:

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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
Derath Erna $630,000 Lawyers Title Company
Scott Albert Winfield -- Ticor Title Company Of Ca
Scott Albert W -- None Available
Scott Albert W -- Progressive
Scott A W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derath Erna $504,000
Previous Owner Scott Albert Winfield $413,000
Previous Owner Scott Albert Winfield $411,500
Previous Owner Scott Albert W $417,000
Previous Owner Scott A W $375,000
Previous Owner Scott Albert $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $630,000 -6.7% $212 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
04/28/2015 04/28/15 Price Changed $675,000 -6.9% $227 / Sq Ft
04/10/2015 04/10/15 For Sale $725,000 -- $244 / 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
2023 $9,158 $716,825 $215,045 $501,780
2022 $9,343 $702,771 $210,829 $491,942
2021 $9,154 $688,993 $206,696 $482,297
2020 $8,743 $681,929 $204,577 $477,352
2019 $8,592 $668,559 $200,566 $467,993
2018 $8,431 $655,451 $196,635 $458,816
2017 $8,307 $642,600 $192,780 $449,820
2016 $8,064 $630,000 $189,000 $441,000
2015 $3,789 $300,510 $28,803 $271,707
2014 $3,734 $294,626 $28,240 $266,386
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joe Simeone

    Bennion Deville Home Referrals

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: The MLS

MLS Number: 15-895219PS

The MLS

APN: 511-124-003

California Riverside County Palm Springs 92264 Twin Palms

1155 E Marion Way, Palm Springs, CA

This home is located at 1155 E Marion Way, Palm Springs, CA 92264 since 10 April 2015 and is currently estimated at $1,362,930, approximately $458 per square foot. This property was built in 1969. 1155 E Marion Way is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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