1267 Palmas Ridge Palm Springs, CA 92262
Mountain Gate Neighborhood
3
Beds
2
Baths
1,411
Sq Ft
5,663
Sq Ft Lot
About This Home
As of August 2023Exceptional Value on fee simple land that you own! Turnkey furnished 3 Bedroom, 2 Bath home including a private Pool & Spa in the gated community of Mountain Gate. Great room design w/open floor plan & cozy fireplace in living room. Open kitchen w/breakfast counter/bar & island including newer appliances. Entertainer's backyard w/outstanding western mountain views. Contemporary pebble tech pool & spa w/cascading waterfall as well as a fully landscaped exterior yard. Master suite with dual closets and direct access to pool/spa. Two nice sized guest rooms as well as an additional bath w/tub. Other amenities include; two car finished garage w/direct interior/exterior access. Individual laundry room large enough for side by side. Ceramic tile throughout (except bedrooms) Ceiling fans in living room & bedrooms. Association features include: 3 community pools & spas, tennis courts, basketball court & greenbelt/park settings. Successful vacation rental. Gross rents to exceed $45K + in 2018.
Last Agent to Sell the Property
Joe Simeone
Bennion Deville Home Referrals License #01476531 Listed on: 06/08/2018
Last Buyer's Agent
Subscriber Non
Non-Participant Office License #13252
Home Details
Home Type
Single Family
Est. Annual Taxes
$9,072
Year Built
2006
Lot Details
0
Parking
2
Listing Details
- Entry Location: Ground Level - no steps
- Active Date: 2018-06-08
- Full Bathroom: 2
- Building Size: 1411.0
- Building Structure Style: Mediterranean
- Driving Directions: From downtown Palm Springs, head North on N. Palm Canyon/Hwy 111, right on Gateway, entrance on left.
- Exclusions: PIANO, SUNFLOWER PRINT IN MIDDLE BEDROOM.
- Full Street Address: 1267 PALMAS RDG
- Pool Descriptions: Community Pool, Heated - Gas, Private Pool, Association Pool
- Primary Object Modification Timestamp: 2018-08-30
- Property Condition: Updated/Remodeled
- Spa Construction: In Ground
- Spa Descriptions: Association Spa, Community, Private Spa
- View Type: Mountain View, Pool View
- Special Features: None
- Property Sub Type: Detached
- Stories: 1
- Year Built: 2006
Interior Features
- Eating Areas: Breakfast Counter / Bar, Breakfast Room
- Appliances: Built-In BBQ, Range Hood, Microwave, Range, Free Standing Gas
- Advertising Remarks: Exceptional Value on fee simple land that you own! Turnkey furnished 3 Bedroom, 2 Bath home including a private Pool & Spa in the gated community of Mountain Gate. Great room design w/open floor plan & cozy fireplace in living room. Open kitchen w/breakfa
- Total Bedrooms: 3
- Builders Tract Code: 5040
- Builders Tract Name: MOUNTAIN GATE
- Fireplace: Yes
- Levels: One Level
- Playing Courts: Community, Tennis Court Private
- Spa: Yes
- Interior Amenities: Furnished
- Fireplace Rooms: Great Room
- Appliances: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Ice Maker, Refrigerator, Washer, Water Line to Refrigerator
- Floor Material: Carpet, Ceramic Tile
- Kitchen Features: Pantry, Gourmet Kitchen
- Laundry: Inside, Individual Room
- Pool: Yes
Exterior Features
- View: Yes
- Lot Size Sq Ft: 5663
- Common Walls: Detached/No Common Walls
- Direction Faces: Faces East
- Construction: Stucco
- Foundation: Foundation - Concrete Slab
- Windows: Double Pane Windows
- Roofing: Clay Tile
- Water: District/Public
Garage/Parking
- Garage Spaces: 2.0
- Total Parking Spaces: 2
- Parking Spaces Total: 4
- Parking Type: Garage - Two Door
Utilities
- Sewer: In, Connected & Paid
- Sprinklers: Sprinkler System
- TV Svcs: Cable TV
- Cooling Type: Central A/C
- Heating Type: Central Furnace, Forced Air
Condo/Co-op/Association
- Amenities: Gated Community, Tennis Courts
- HOA: Yes
- HOA Fee Frequency: Monthly
- HOA Fees: 100.0
Multi Family
- Total Floors: 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2018
Closed on
Jul 30, 2018
Sold by
Champion Gina L
Bought by
Caulfield Susan Quakenbush
Seller's Agent
Joe Simeone
Bennion Deville Home Referrals
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,004
Avg. Annual Appreciation
6.20%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 26, 2013
Closed on
Aug 7, 2013
Sold by
Smith Vernon Neil
Bought by
Champion Gina L
Seller's Agent
Joe Simeone
Bennion Deville Home Referrals
Buyer's Agent
Joe Simeone
Bennion Deville Home Referrals
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$270,019
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 11, 2012
Sold by
Smith Vernon Neil
Bought by
Smith Vernon Neil and Vernon Neil Smith Trust
Purchase Details
Closed on
Mar 18, 2011
Sold by
Wells Fargo Bank Na
Bought by
Smith Vernon Neil
Purchase Details
Closed on
Nov 23, 2009
Sold by
Bobbio Carlos D
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Nov 20, 2008
Sold by
Bobbio Carlos D
Bought by
Bobbio Carlos D and Paz Jaime E
Purchase Details
Closed on
Jun 21, 2006
Sold by
Mazzei Milagros
Bought by
Bobbio Carlos D
Purchase Details
Closed on
Oct 24, 2005
Sold by
Mountain Gate Ii Palm Springs Ventures L
Bought by
Bobbio Carlos D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,800
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palm Springs, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $400,000 | Orange Coast Title Company | |
| Grant Deed | $275,000 | Wfg Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $204,000 | Lawyers Title Company | |
| Trustee Deed | $365,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Ins Co | |
| Grant Deed | $424,000 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,000 | Construction | |
| Open | $280,000 | New Conventional | |
| Closed | $250,000 | New Conventional | |
| Previous Owner | $332,112 | FHA | |
| Previous Owner | $300,162 | FHA | |
| Previous Owner | $269,763 | FHA | |
| Previous Owner | $270,380 | FHA | |
| Previous Owner | $270,380 | FHA | |
| Previous Owner | $270,019 | FHA | |
| Previous Owner | $338,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $570,000 | -4.8% | $404 / Sq Ft |
| 04/17/2023 04/17/23 | Price Changed | $599,000 | -4.2% | $425 / Sq Ft |
| 03/20/2023 03/20/23 | For Sale | $625,000 | +56.3% | $443 / Sq Ft |
| 08/22/2018 08/22/18 | Sold | $400,000 | +1.3% | $283 / Sq Ft |
| 07/29/2018 07/29/18 | Pending | -- | -- | -- |
| 06/08/2018 06/08/18 | For Sale | $395,000 | +43.6% | $280 / Sq Ft |
| 09/20/2013 09/20/13 | Sold | $275,000 | -1.4% | $195 / Sq Ft |
| 07/29/2013 07/29/13 | Pending | -- | -- | -- |
| 07/26/2013 07/26/13 | For Sale | $279,000 | -- | $198 / Sq Ft |
Source: Palm Springs Regional Association of Realtors
Tax History Compared to Growth
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 | $9,072 | $581,400 | $193,800 | $387,600 |
| 2023 | $9,072 | $428,877 | $80,413 | $348,464 |
| 2022 | $6,916 | $420,469 | $78,837 | $341,632 |
| 2021 | $6,776 | $412,226 | $77,292 | $334,934 |
| 2020 | $6,368 | $408,000 | $76,500 | $331,500 |
| 2019 | $6,705 | $400,000 | $75,000 | $325,000 |
| 2018 | $5,536 | $296,270 | $74,066 | $222,204 |
| 2017 | $5,860 | $290,462 | $72,614 | $217,848 |
| 2016 | $5,510 | $284,768 | $71,191 | $213,577 |
| 2015 | $5,078 | $280,493 | $70,123 | $210,370 |
| 2014 | $4,961 | $275,000 | $68,750 | $206,250 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Ghysels
Seller's Agent in 2023
Richard Ghysels
Fathom Realty
(760) 808-6362
1 in this area
14 Total Sales
-
J
Seller's Agent in 2018
Joe Simeone
Bennion Deville Home Referrals
-
S
Buyer's Agent in 2018
Subscriber Non
Non-Participant Office
Map
Source: Palm Springs Regional Association of Realtors
MLS Number: 18-352714PS
APN: 669-650-055
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