NOT LISTED FOR SALE

1162 Palmas Ridge Palm Springs, CA 92262

Mountain Gate Neighborhood

Estimated Value: $562,689 - $644,000

3 Beds
2 Baths
1,630 Sq Ft
$367/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $301,000 $185 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,695/month

44 Days on Market

About This Home

As of November 2014

Open floor plan. Fireplace in the great room. Three bedrooms. Two baths. Interior laundry room. Desert scape front yard. Secluded back yard. Regular sale.

Last Agent to Sell the Property

Alvin Greenwalt

Equity Union License #01715823 Listed on: 08/19/2014

Co-Listed By

Ted Jarvis

Keller Williams Luxury Homes License #01169378

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,453

Year Built

2006

Lot Details

0

Listing Details

  • Active Date: 2014-08-19
  • Full Bathroom: 2
  • Building Size: 1630.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Take North Palm Canyon Drive to West Gateway Drive, turn right. Turn left on Mountain Gate, left on Vista Dunes, left on Oro Ridge and right on Palmas Ridge. Home in on the right.
  • Full Street Address: 1162 PALMAS RDG
  • Lot Size Acres: 0.13
  • Primary Object Modification Timestamp: 2015-10-16
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Range
  • Advertising Remarks: Open floor plan. Fireplace in the great room. Three bedrooms. Two baths. Interior laundry room. Desert scape front yard. Secluded back yard. Regular sale.
  • Total Bedrooms: 3
  • Builders Tract Code: 5040
  • Builders Tract Name: MOUNTAIN GATE
  • Fireplace: Yes
  • Fireplace Rooms: Great Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 5663
  • Common Walls: Detached/No Common Walls
  • Patio: Patio Open

Garage/Parking

  • Parking Features: Driveway
  • Parking Type: Garage

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No
  • Association Name: Mountain Gate

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 8, 2014
Sold by
Jones Steven R and Jones Diane M
Bought by
Simons Kenneth and Simons Karen
Seller's Agent
Alvin Greenwalt
Equity Union
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$305,000
Sold Price
$301,000
Premium/Discount to List
-$4,000
-1.31%
Current Estimated Value
$597,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,922
Avg. Annual Appreciation
6.76%
Original Mortgage
$270,900
Outstanding Balance
$209,405
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$404,085

Purchase Details

Closed on
Oct 12, 2006
Sold by
Mountain Gate Ii Palm Springs Ventures L
Bought by
Jones Steven R and Jones Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Simons Kenneth $301,000 Orange Coast Title Company
Jones Steven R $360,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Simons Kenneth & --
Open Simons Kenneth $270,900
Previous Owner Jones Steven R $231,770
Previous Owner Jones Steven R $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $301,000 -1.3% $185 / Sq Ft
08/19/2014 08/19/14 For Sale $305,000 -- $187 / 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 $6,453 $361,746 $90,431 $271,315
2023 $6,453 $347,701 $86,920 $260,781
2022 $5,888 $340,884 $85,216 $255,668
2021 $5,770 $334,201 $83,546 $250,655
2020 $5,408 $330,775 $82,690 $248,085
2019 $5,762 $324,290 $81,069 $243,221
2018 $5,559 $317,932 $79,482 $238,450
2017 $5,889 $311,699 $77,924 $233,775
2016 $5,768 $305,589 $76,397 $229,192
2015 $5,326 $301,000 $75,250 $225,750
2014 $4,888 $269,000 $67,000 $202,000
Source: Public Records

Agents Affiliated with this Home

  • Alvin Greenwalt

    Seller's Agent in 2014

    Alvin Greenwalt

    Equity Union

    (760) 310-1166

    5 Total Sales

    Alvin Greenwalt
    Section Image
  • Ted Jarvis

    Seller Co-Listing Agent in 2014

    Ted Jarvis

    Keller Williams Luxury Homes

    (760) 904-5514

    9 Total Sales

    Ted Jarvis
    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-786853PS

APN: 669-650-065

California Riverside County Palm Springs 92262 Mountain Gate

1162 Palmas Ridge, Palm Springs, CA

This home is located at 1162 Palmas Ridge, Palm Springs, CA 92262 since 19 August 2014 and is currently estimated at $597,922, approximately $366 per square foot. This property was built in 2006. 1162 Palmas Ridge is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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