NOT LISTED FOR SALE

1162 E San Jacinto Way Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $1,450,179 - $1,730,000

5 Beds
4 Baths
2,793 Sq Ft
$567/Sq Ft Est. Value

Last Sold February 21, 2012

Last sale price $625,500 $224 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $9,733/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Spanish Architecture
  • Palm Springs High School Rated A-
  • Living Room with Fireplace
  • 1 Car Direct Access Garage

About This Home

As of February 2012

Enchanting Palm Springs estate in the Movie Colony/Ruth Hardy Park area within walking distance to downtown shops and restaurants. Stunning outdoor settings define this 1930's hacienda-style property. Situated on a generously sized double lot with mountain and garden views. Four plus bedrooms, each with exterior entry, currently set up as a 5 bedroom. Billiard room, pool, spa, game area. This exclusive, gated property affords complete privacy with high hedges in a sylvan setting. All the romance of old Palm Springs. A special property. Short sale subject to lender approval.

Last Listed By

Richard Guelich Guelich

Richard Guelich License #01852841 Listed on: 10/27/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1937

Lot Details

  • 0.37 Acre Lot
  • Property is zoned R1C

Parking

  • 1 Car Direct Access Garage
  • 4 Open Parking Spaces
  • 1 Carport Space

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,793 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Tile Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 507-224-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,112

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 2793
  • Stories: 1
  • Year Built: 1937
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Fireplace: Yes
  • Price Per S Q F T: 232.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Other Spaces: 4
  • Covered Parking: 1
  • Parking Garage: Direct Entrance

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 507-224-007
  • Lot Size Area: 16117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2011
Closed on
Mar 5, 2012
Sold by
Hawley F Jordan and Hawley Claire B
Bought by
Hawley F Jordan and Hawley Claire B
Seller's Agent
Richard Guelich Guelich
Richard Guelich
List Price
$650,000
Sold Price
$625,500
Premium/Discount to List
-$24,500
-3.77%
Total Days on Market
13
Current Estimated Value
$1,583,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,295
Avg. Annual Appreciation
7.09%
Original Mortgage
$417,000
Outstanding Balance
$292,194
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,261,955

Purchase Details

Listed on
Oct 27, 2011
Closed on
Feb 10, 2012
Sold by
Finney Olga
Bought by
Finney Randy
Seller's Agent
Richard Guelich Guelich
Richard Guelich
List Price
$650,000
Sold Price
$625,500
Premium/Discount to List
-$24,500
-3.77%

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
Outstanding Balance
$292,194
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,261,955

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jan 19, 2012
Sold by
Finney Randy
Bought by
Hawley F Jordan and Hawley Claire B
Seller's Agent
Richard Guelich Guelich
Richard Guelich
List Price
$650,000
Sold Price
$625,500
Premium/Discount to List
-$24,500
-3.77%

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
Outstanding Balance
$292,194
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,261,955

Purchase Details

Closed on
May 11, 2006
Sold by
Towers Kevin S and Towers Raquel
Bought by
Finney Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 2003
Sold by
Kreedman Barbara Terry
Bought by
Towers Kevin S and Towers Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2002
Sold by
Colavito Phillip and Seymour Dean
Bought by
Kreedman Barbara Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.75%

Purchase Details

Closed on
May 14, 2001
Sold by
Winslow Deborah L
Bought by
Colavilo Phillip and Seymour Dean

Purchase Details

Closed on
Oct 6, 1999
Sold by
Uhlmann Verona Rossi
Bought by
Winslo Deborah L

Purchase Details

Closed on
Aug 9, 1998
Sold by
Uhlmann Verona R
Bought by
Uhlmann Verona and Winslow Deborah L

Purchase Details

Closed on
Nov 9, 1993
Sold by
Uhlmann Verona R
Bought by
Uhlmann Verona R
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
Hawley F Jordan -- None Available
Finney Randy -- Stewart Title Of California
Hawley F Jordan $625,500 Stewart Title Of California
Finney Randy $1,050,000 First American Title Company
Towers Kevin S $730,000 First American Title Co
Kreedman Barbara Terry $650,000 Commonwealth Land Title Co
Colavilo Phillip $345,000 Commonwealth Land Title Co
Uhlmann Verona -- --
Uhlmann Verona R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawley F Jordan $417,000
Previous Owner Finney Randy $787,500
Previous Owner Towers Kevin S $584,000
Previous Owner Kreedman Barbara Terry $520,000
Previous Owner Colavito Phillip $128,500
Previous Owner Colavito Philip $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2012 02/21/12 Sold $625,500 -3.8% $224 / Sq Ft
10/27/2011 10/27/11 For Sale $650,000 -- $233 / 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 $10,112 $755,144 $225,754 $529,390
2022 $10,306 $740,338 $221,328 $519,010
2021 $10,107 $725,823 $216,989 $508,834
2020 $9,674 $718,382 $214,765 $503,617
2019 $9,515 $704,297 $210,554 $493,743
2018 $9,346 $690,488 $206,427 $484,061
2017 $9,215 $676,950 $202,380 $474,570
2016 $8,959 $663,677 $198,412 $465,265
2015 $8,579 $653,710 $195,433 $458,277
2014 $8,251 $640,905 $191,605 $449,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Guelich Guelich

    Seller's Agent in 2012

    Richard Guelich Guelich

    Richard Guelich

    (949) 230-5875

    30 Total Sales

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Map

Source: The MLS

MLS Number: 11-563153

The MLS

APN: 507-224-007

California Riverside County Palm Springs 92262 Movie Colony East

1162 E San Jacinto Way, Palm Springs, CA

This home is located at 1162 E San Jacinto Way, Palm Springs, CA 92262 since 27 October 2011 and is currently estimated at $1,583,795, approximately $567 per square foot. This property was built in 1937. 1162 E San Jacinto Way is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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