NOT LISTED FOR SALE

1251 E Verbena Dr Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $988,000 - $1,179,000

3 Beds
2 Baths
1,558 Sq Ft
$694/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $729,000 $468 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,749/month

7 Days on Market

About This Home

As of February 2019

A beautifully updated 3 bedroom 2 bath home in a fantastic location in the Movie Colony East neighborhood. Bright, airy and spacious, the main living area is defined by an open-plan living space with direct backyard pool access for optimal indoor/outdoor living. The generously sized modern kitchen is well equipped and features a large island with plenty of seating. The master bedroom is located poolside with an en-suite bath that includes double vanities and walk-in shower. Other impressive interior features include vaulted ceilings, tiled floors throughout, two well-proportioned guest bedrooms and a modern hall bath. The South-facing backyard is perfect for outdoor entertaining and offers a gazebo, fire pit, outdoor grill, pool, spa, citrus trees, and stunning mountain views.

Last Agent to Sell the Property

Michael Adams

Coldwell Banker Residential Brokerage License #01822742 Listed on: 01/04/2019

Last Buyer's Agent

Bill Lieber

Bennion Deville Homes License #02041713

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,962

Year Built

1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: One
  • Advertising Remarks: A beautifully updated 3 bedroom 2 bath home in a fantastic location in the Movie Colony East neighborhood. Bright, airy and spacious, the main living area is defined by an open-plan living space with direct backyard pool access for optimal indoor/outdoor living. The generously sized modern kitchen is well equipped and features a large island with plenty of seating. The master bedroom is located poolside with an en-suite bath that includes double vanities and walk-in shower. Other impressive interior features include vaulted ceilings, tiled floors throughout, two well-proportioned guest bedrooms and a modern hall bath. The South-facing backyard is perfect for outdoor entertaining and offers a gazebo, fire pit, outdoor grill, pool, spa, citrus trees, and stunning mountain views.
  • Builders Tract Code: 5740
  • Building Type: Detached
  • Year Built: 1968
  • Price Per Sq Ft: 467.91
  • Special Features: None

Interior Features

  • Equipment: Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Bedrooms: 3
  • Full Bathroom: 2
  • Total Bathrooms: 2.00
  • Laundry: Garage
  • Living Area: 1558

Exterior Features

  • Pool: In Ground, Private
  • Pool: Yes
  • Stories: 1
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Details: Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Lot Info

  • Zoning: R1C
  • Assessor Parcel Number: 507-255-002
  • Lot Size Area: 12197

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Disalvo Marcia J
Bought by
Disalvo Joseph and Disalvo Marcia J
Current Estimated Value
$1,081,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$367,805
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$713,365

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 24, 2019
Sold by
Swailes Jon Allan and Tienken Peter A
Bought by
Disalvo Marcia J
Seller's Agent
Michael Adams
Coldwell Banker Residential Brokerage
Buyer's Agent
Bill Lieber
Bennion Deville Homes
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$462,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 22, 2019
Sold by
Disalvo Joseph
Bought by
Disalvo Marica J
Seller's Agent
Michael Adams
Coldwell Banker Residential Brokerage
Buyer's Agent
Bill Lieber
Bennion Deville Homes
List Price
$729,000
Sold Price
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 27, 2016
Sold by
Nguyen Anh
Bought by
Clark Andrew Scott
Seller's Agent
Catherine Marcy
HomeSmart
Buyer's Agent
Michael Adams
Coldwell Banker Realty
List Price
$499,000
Sold Price
$517,500
Premium/Discount to List
$18,500
3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 3, 2016
Sold by
Clark Andrew Scott
Bought by
Swailes Jon Allan and Tienken Peter A
Seller's Agent
Catherine Marcy
HomeSmart
Buyer's Agent
Michael Adams
Coldwell Banker Realty
List Price
$499,000
Sold Price
$517,500
Premium/Discount to List
$18,500
3.71%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 5, 2012
Sold by
Moser Bonnie J
Bought by
Clark Andrew Scott
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
Catherine Marcy
RE/MAX Consultants
List Price
$349,950
Sold Price
$324,000
Premium/Discount to List
-$25,950
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$259,200
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1996
Sold by
Marie Offutt V
Bought by
Offutt Violet Marie

Purchase Details

Closed on
Feb 8, 1996
Sold by
Marquess Debra
Bought by
Offutt Violet Marie

Purchase Details

Closed on
Apr 11, 1995
Sold by
Smith Roy E
Bought by
Magers Violet Marie and Smith Violet Marie
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
Disalvo Joseph -- Fin Title
Disalvo Marcia J $729,000 Equity Title Orange County I
Disalvo Marica J -- Equity Title Orange County I
Clark Andrew Scott -- Ticor Title Company
Swailes Jon Allan $517,500 Ticor Title Company
Clark Andrew Scott $324,000 First American Title Company
Offutt Violet Marie -- --
Offutt Violet Marie -- Chicago Title Co
Magers Violet Marie -- First American Title Ins Co
Magers Violet Marie -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Disalvo Joseph $411,000
Closed Disalvo Joseph $462,000
Closed Disalvo Marcia J $462,500
Previous Owner Clark Andrew Scott $259,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $729,000 0.0% $468 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $729,000 +40.9% $468 / Sq Ft
07/07/2016 07/07/16 Sold $517,500 +3.7% $332 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $499,000 +54.0% $320 / Sq Ft
05/14/2012 05/14/12 Sold $324,000 -7.4% $208 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $349,950 -- $225 / 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 $9,962 $813,209 $100,395 $712,814
2023 $9,962 $781,634 $96,498 $685,136
2022 $10,163 $766,308 $94,606 $671,702
2021 $9,958 $751,283 $92,751 $658,532
2020 $9,509 $743,580 $91,800 $651,780
2019 $6,971 $538,406 $161,521 $376,885
2018 $6,842 $527,850 $158,355 $369,495
2017 $6,741 $517,500 $155,250 $362,250
2016 $4,906 $374,978 $103,130 $271,848
2015 $4,707 $369,347 $101,582 $267,765
2014 $4,647 $362,114 $99,593 $262,521
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Adams

    Coldwell Banker Residential Brokerage

  • B

    Buyer's Agent in 2019

    Bill Lieber

    Bennion Deville Homes

    (312) 497-1313

    5 in this area

    47 Total Sales

    Section Image
  • Catherine Marcy

    Seller's Agent in 2016

    Catherine Marcy

    HomeSmart

    (760) 272-0753

    24 Total Sales

    Section Image
  • Scott Lyle

    Seller's Agent in 2012

    Scott Lyle

    Compass

    (760) 333-8454

    2 in this area

    52 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 18-416060

California Desert Association of REALTORS®

APN: 507-255-002

California Riverside County Palm Springs 92262 Movie Colony East

1251 E Verbena Dr, Palm Springs, CA

This home is located at 1251 E Verbena Dr, Palm Springs, CA 92262 since 04 January 2019 and is currently estimated at $1,081,170, approximately $693 per square foot. This property was built in 1968. 1251 E Verbena Dr is a home located in Riverside County with nearby schools including Katherine Finchy 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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