NOT LISTED FOR SALE

Estimated Value: $830,649 - $971,000

3 Beds
2 Baths
1,407 Sq Ft
$627/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $525,000 $373 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,584/month

142 Days on Market

About This Home

As of August 2019

You own the land... No land lease! You will feel right at home in this spacious 3 bedroom, 1 3/4 bath home. Relax in the Salt Water pool and spa while enjoying the spectacular mountain views from the very private and enclosed grassy backyard. Backyard is an entertainers dream with multiple private entertaining areas along with a large patio cover. Kitchen and dining room is light and bright and opens to a living room with a cozy fireplace. This home is minutes from the heart of downtown Palm Springs. Very desirable for vacation rental property.

Last Agent to Sell the Property

David De Maria

Desert Lifestyle Properties License #01221902 Listed on: 02/04/2019

Desert Lifestyle Properties

Last Buyer's Agent

Tanya Pontep

Taurus Financial License #01024584

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,884

Year Built

1979

Lot Details

0

Listing Details

  • Entry Location: Main Level
  • Active Date: 2019-02-04
  • Full Bathroom: 2
  • Building Size: 1407.0
  • Driving Directions: East Vista Chino / North Hermosa Drive
  • Full Street Address: 1331 E DEL PASO WAY
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Fenced, Heated And Filtered, Heated - Gas, Private Pool
  • Primary Object Modification Timestamp: 2019-08-16
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Bedroom Features: Master Bedroom, WalkInCloset
  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Range Hood, Range, Cooktop - Electric, Double Oven, Electric, Oven-Electric
  • Advertising Remarks: You own the land... NO land lease! You will feel right at home in this spacious 3 bedroom, 1 3/4 bath home. Relax in the Salt Water pool and spa while enjoying the spectacular mountain views from the very private and enclosed grassy backyard. Backyard is
  • Total Bedrooms: 3
  • Builders Tract Code: 5240
  • Builders Tract Name: VICTORIA PARK/VISTA NORTE
  • Fireplace: Yes
  • Levels: Ground Level
  • Interior Amenities: Furnished
  • Fireplace Rooms: Family Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Tile Counters
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10454
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Patio: Covered Porch, Patio Open
  • Roofing: Clay Tile

Garage/Parking

  • Parking Features: Driveway - Concrete
  • Parking Type: Garage - Three Door

Utilities

  • Water District: DESERT WATER AGENCY
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Fireplace, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: VISTA DEL MONTE ELEM
  • Middle School: RAYMOND CREE MIDDLE
  • High School: PALM SPRINGS HIGH SC

Lot Info

  • Lot Description: Fenced

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jul 10, 2019
Sold by
Phelps Lisa
Bought by
Gerron James
Seller's Agent
David De Maria
Desert Lifestyle Properties
Buyer's Agent
Tanya Pontep
Taurus Financial
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$882,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,162
Avg. Annual Appreciation
8.82%
Original Mortgage
$525,906
Outstanding Balance
$460,880
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$421,282

Purchase Details

Closed on
Mar 4, 2008
Sold by
Phelps Lisa
Bought by
Phelps Lisa and The Lisa Phelps Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,300
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2005
Sold by
Phelps Lisa
Bought by
The Lisa Phelps Living Trust

Purchase Details

Closed on
Oct 8, 2004
Sold by
Oleary Jean
Bought by
The Jean Oleary Living Trust

Purchase Details

Closed on
Feb 27, 2004
Sold by
Peterson Reuben L and Peterson Crystal A
Bought by
Oleary Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2004
Sold by
Shadows Palm Springs
Bought by
Aqua Palm Springs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1999
Sold by
Kaply Leonard R and Kaply Ann Beverly
Bought by
Peterson Reuben L and Peterson Crystal A

Purchase Details

Closed on
Apr 2, 1998
Sold by
Johnson Frederick E and Johnson Beverly J
Bought by
Johnson Frederick E and Johnson Beverly J

Purchase Details

Closed on
Jul 1, 1996
Sold by
Johnson Frederick E and Johnson Beverly J
Bought by
Kaply Leonard R and Kaply Beverly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back
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
Gerron James $525,000 First American Title
Phelps Lisa -- Stewart Title Irvine
The Lisa Phelps Living Trust -- --
Phelps Lisa -- --
The Jean Oleary Living Trust -- --
Oleary Jean $375,000 Old Republic Title Company
Aqua Palm Springs Llc $7,500,000 First American Title Co
Peterson Reuben L $140,000 Chicago Title Co
Johnson Frederick E -- --
Kaply Leonard R $130,909 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerron James $525,906
Previous Owner Phelps Lisa $339,300
Previous Owner Oleary Jean $337,500
Previous Owner Kaply Leonard R $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $525,000 -0.9% $373 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $530,000 -1.9% $377 / Sq Ft
05/03/2019 05/03/19 Price Changed $540,000 -1.8% $384 / Sq Ft
02/04/2019 02/04/19 For Sale $550,000 -- $391 / 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 $10,884 $890,617 $79,590 $811,027
2023 $10,884 $856,035 $76,500 $779,535
2022 $7,163 $541,045 $133,972 $407,073
2021 $7,018 $530,438 $131,346 $399,092
2020 $6,791 $525,000 $130,000 $395,000
2019 $6,536 $477,942 $95,583 $382,359
2018 $6,102 $468,571 $93,709 $374,862
2017 $6,013 $459,384 $91,872 $367,512
2016 $5,475 $421,000 $84,000 $337,000
2015 $5,077 $400,000 $80,000 $320,000
2014 $5,110 $400,000 $80,000 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-430868PS

APN: 501-530-035