NOT LISTED FOR SALE

1250 E Marion Way Palm Springs, CA 92264

Estimated Value: $1,367,000 - $1,901,000

3 Beds
4 Baths
2,558 Sq Ft
$622/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $799,000 $312 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $9,280/month

18 Days on Market

About This Home

As of May 2019

Opportunity to own this Twin Palms circa 1962 Mid-century gem! Tons of potential! Incredible mountain views with NO POWER-LINES in sight. Large, deep, saltwater pool/spa. Quiet street. Basement (originally built as a bomb shelter) would make a fabulous wine cellar or tiki room (currently used as an in-home gym). Large bedrooms, master suite is located in the rear of the home with direct pool access. Fun, mid-century details throughout this L-Shaped home with clean-lines and flat-roof, including stone fireplace in one of the two family rooms and bathrooms with sunken showers.Twin Palms is a neighborhood that stands on its own. Known as the desert community's first modernist tract. From mid-century modern to today, the homes in the Twin Palms neighborhood epitomize modernist aesthetic.

Last Agent to Sell the Property

Richie Usher

Equity Union License #02029292 Listed on: 03/15/2019

Equity Union

Last Buyer's Agent

Mia Stromberg

Keller Williams Luxury Homes License #01826278

Keller Williams Luxury Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,893

Year Built

1962

Lot Details

0

Listing Details

  • Active Date: 2019-03-15
  • Full Bathroom: 4
  • Building Size: 2558.0
  • Building Structure Style: Mid Century
  • Driving Directions: East on Palm Canyon Drive to South Sunrise Way (road changes to South La Verne Way). Turn Right onto Marion Way, house is located on Right-side of Road.
  • Full Street Address: 1250 E MARION WAY
  • Pool Construction: In Ground
  • Pool Descriptions: Heated, Heated And Filtered, Heated - Gas, Private Pool
  • Primary Object Modification Timestamp: 2019-05-14
  • View Type: Mountain View, Pool View, Trees/Woods View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Appliances: Microwave, Range
  • Advertising Remarks: Opportunity to own this Twin Palms circa 1962 Mid-century gem! Tons of potential! Incredible mountain views with NO POWER-LINES in sight. Large, deep, saltwater pool/spa. Quiet street. Basement (originally built as a bomb shelter) would make a fabulous wi
  • Total Bedrooms: 3
  • Builders Tract Code: 7020
  • Builders Tract Name: TWIN PALMS
  • Fireplace: Yes
  • Levels: Ground Level
  • Pool Accessories: Diving Board
  • Fireplace Rooms: Family Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Washer
  • Fireplace Fuel: Gas, Gas Starter
  • Floor Material: Carpet, Stone Tile
  • Laundry: Inside, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Patio: Covered Porch

Garage/Parking

  • Parking Features: Driveway, Driveway - Concrete
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 17, 2019
Sold by
Curtis Thornhill Living Trust
Bought by
Michael Robert and Sarono Pierson
Seller's Agent
Richie Usher
Equity Union
Buyer's Agent
Mia Stromberg
Keller Williams Luxury Homes
List Price
$825,000
Sold Price
$799,000
Premium/Discount to List
-$26,000
-3.15%
Current Estimated Value
$1,590,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,017
Avg. Annual Appreciation
11.08%
Original Mortgage
$599,250
Outstanding Balance
$538,849
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,051,168

Purchase Details

Closed on
Jan 17, 2019
Sold by
Ct2 Commercial Llc
Bought by
Thornhill Curtis

Purchase Details

Listed on
Jun 26, 2018
Closed on
Oct 30, 2018
Sold by
Johnstone Brldgett and Goodwin David M
Bought by
Ct2 Commercial Llc
Seller's Agent
Donna Peace
Desert Star Real Estate Referrals
Buyer's Agent
The Dean Sipe Group
Berkshire Hathaway HomeServices California Properties
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Listed on
Jun 26, 2018
Closed on
Oct 26, 2018
Sold by
Thompson Scott Alan
Bought by
Thompson Patrica Y
Seller's Agent
Donna Peace
Desert Star Real Estate Referrals
Buyer's Agent
The Dean Sipe Group
Berkshire Hathaway HomeServices California Properties
List Price
$849,000
Sold Price
$825,000
Premium/Discount to List
-$24,000
-2.83%

Purchase Details

Closed on
Oct 24, 2010
Sold by
Raymer Martin
Bought by
Raymer Anna M

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bridge Goodwin David M and & Johnst Martin E
Bought by
Raymer Martin and Raymer Anna M

Purchase Details

Closed on
Apr 25, 1995
Sold by
Goodwin George D and Goodwin Marthajane
Bought by
Goodwin David M and Goodwin Martin E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael Robert $799,000 Orange Coast Title Company
Thornhill Curtis -- None Available
Ct2 Commercial Llc $825,000 First American Title Company
Johnstone Bridgett -- First American Title Company
Thompson Patrica Y -- First American Title Company
Goodwin David M -- First American Title Company
Goodwin Martin E -- First American Title Company
Grotewold Teresa M -- First American Title Company
Raymer Anna M -- None Available
Raymer Martin -- Fidelity National Title
Goodwin David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Robert $599,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2019 05/14/19 Sold $799,000 -3.2% $312 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $825,000 0.0% $323 / Sq Ft
11/13/2018 11/13/18 Sold $825,000 -2.8% $323 / Sq Ft View Prior Sale
11/08/2018 11/08/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $849,000 -- $332 / 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 $10,893 $891,296 $133,860 $757,436
2023 $10,893 $856,688 $128,663 $728,025
2022 $11,114 $839,891 $126,141 $713,750
2021 $10,888 $823,423 $123,668 $699,755
2020 $10,396 $814,980 $122,400 $692,580
2019 $10,540 $825,000 $75,000 $750,000
2018 $2,089 $146,374 $32,219 $114,155
2017 $2,060 $143,505 $31,588 $111,917
2016 $2,005 $140,692 $30,969 $109,723
2015 $1,913 $138,580 $30,504 $108,076
2014 $1,875 $135,867 $29,907 $105,960
Source: Public Records

Agents Affiliated with this Home

  • Richie Usher

    Seller's Agent in 2019

    Richie Usher

    Equity Union

    (619) 782-4518

    80 Total Sales

    Richie Usher
    Section Image

  • M

    Buyer's Agent in 2019

    Mia Stromberg

    Keller Williams Luxury Homes

    Section Image

  • D

    Seller's Agent in 2018

    Donna Peace

    Desert Star Real Estate Referrals

    Section Image

  • T

    Buyer's Agent in 2018

    The Dean Sipe Group

    Berkshire Hathaway HomeServices California Properties

    (760) 668-5386

    7 Total Sales

    The Dean Sipe Group
    Section Image
  • Dean Sipe

    Buyer's Agent in 2018

    Dean Sipe

    Berkshire Hathaway Home Services California Properties

    (760) 422-3132

    52 Total Sales

    Dean Sipe
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-444482PS

APN: 511-121-008

California Riverside County Palm Springs 92264

1250 E Marion Way, Palm Springs, CA

Not Listed for Sale

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