NOT LISTED FOR SALE

1178 S La Verne Way Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $1,431,320 - $1,632,000

4 Beds
3 Baths
2,278 Sq Ft
$670/Sq Ft Est. Value

Last Sold July 01, 2015

Last sale price $680,000 $299 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $9,247/month

16 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Bonus Room

About This Home

As of July 2015

Great Opportunity for this Bank Owned Fixer Home located in the Canyon area of Palm Springs. This Mid-Century home features four bedrooms and three bathrooms and has incredible mountain views. This is your chance to own a home on fee simple land (no land lease) with a prime South Palm Springs address.

Last Agent to Sell the Property

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 06/09/2015

Coldwell Banker Realty

Last Buyer's Agent

kareen slajer

Keller Williams Realty Los Feliz License #01710918

Keller Williams Realty Los Feliz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,864

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Back Yard

Home Design

  • Midcentury Modern Architecture
  • Foam Roof

Interior Spaces

  • 2,278 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Double Door Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Bonus Room
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Twin Palms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 511126002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,864

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Twin Palms
  • Building Number Of Stories: 2
  • Building Style: Mid Century
  • List Price per Sq Ft: 241.40
  • Lp Sp Ratio: 1.2366
  • View Type: Mountain(s)
  • Year Built: 1960
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Member Fax: (888) 511-8121
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Co Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Selling Office Fax: (760) 360-1342
  • Listing I D: 215013358
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Twin Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Retreat
  • Interior Amenities: Wet Bar
  • Flooring: Carpet, Terrazzo
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Laundry: In Garage
  • Estimated Sq Ft: 2278.00

Exterior Features

  • Roofing: Foam
  • Fencing: Block
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 511126002
  • Lot Acres: 0.2400
  • Lot Description: Back Yard, Fenced
  • Lot Size: 10454.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jun 25, 2015
Sold by
U S Bank National Association
Bought by
Jackel Ingrid
Seller's Agent
Steve Yeoman
Coldwell Banker Realty
Buyer's Agent
kareen slajer
Keller Williams Realty Los Feliz
List Price
$549,900
Sold Price
$680,000
Premium/Discount to List
$130,100
23.66%
Current Estimated Value
$1,538,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,658
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Apr 24, 2015
Sold by
Zevallos Alonso
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 24, 2007
Sold by
Lory Tyler J and Rauschenberg Michael S
Bought by
Zevallos Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$803,700
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Towne Robert E
Bought by
Lory Tyler J and Rauschenberg Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.13%
Mortgage Type
Unknown
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
Jackel Ingrid $680,000 First American Title Company
U S Bank National Association $622,800 None Available
Zevallos Alonso $888,000 Equity Title Company
Lory Tyler J $490,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zevallos Alonso $803,700
Previous Owner Lory Tyler J $49,000
Previous Owner Lory Tyler J $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $680,000 +23.7% $299 / Sq Ft
06/09/2015 06/09/15 For Sale $549,900 -- $241 / Sq Ft
Source: California Desert 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 $9,864 $804,974 $241,491 $563,483
2023 $9,864 $773,717 $232,114 $541,603
2022 $10,063 $758,547 $227,563 $530,984
2021 $9,859 $743,674 $223,101 $520,573
2020 $9,415 $736,050 $220,814 $515,236
2019 $9,253 $721,619 $216,485 $505,134
2018 $9,079 $707,471 $212,241 $495,230
2017 $8,946 $693,600 $208,080 $485,520
2016 $8,683 $680,000 $204,000 $476,000
2015 $7,523 $602,000 $181,000 $421,000
2014 -- $516,000 $155,000 $361,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Yeoman

    Seller's Agent in 2015

    Steve Yeoman

    Coldwell Banker Realty

    (760) 899-2537

    1 in this area

    111 Total Sales

    Section Image

  • k

    Buyer's Agent in 2015

    kareen slajer

    Keller Williams Realty Los Feliz

    (323) 401-6896

    11 Total Sales

    Section Image

  • U

    Buyer's Agent in 2015

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215013358

California Desert Association of REALTORS®

APN: 511-126-002

California Riverside County Palm Springs 92264 Twin Palms

1178 S La Verne Way, Palm Springs, CA

This home is located at 1178 S La Verne Way, Palm Springs, CA 92264 since 09 June 2015 and is currently estimated at $1,526,580, approximately $670 per square foot. This property was built in 1960. 1178 S La Verne Way is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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