NOT LISTED FOR SALE

1378 Verano Dr Palm Springs, CA 92264

Estimated Value: $852,000 - $1,035,000

3 Beds
3 Baths
2,044 Sq Ft
3,920 Sq Ft Lot

Last Sold May 16, 2014

Last sale price $525,000 $257 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,579/month

137 Days on Market

About This Home

As of May 2014

Wonderfully remodeled 3 Bedroom/3 Bath condo with over 2000 sq. ft. in South Palm Springs. Gourmet kitchen with granite counters and top-of-the-line stainless steel appliances. Open living room/dining room floor plan with vaulted beamed ceilings. Dual master bedrooms on opposite sides of home. Third bedroom includes full bath and is currently being used as a den. Large private patio great for entertaining. Deepwell Ranch is one of the most highly sought after communities in South Palm Springs and includes three pools and spas, a tennis court, 24 hour guard/gate security, and is located on Fee Land. Experience Palm Springs living at its finest!

Last Agent to Sell the Property

Gurney Group

PS Test Firm Listed on: 10/31/2013

Co-Listed By

David Whitworth

Compass License #01908154

Last Buyer's Agent

Mike Langham

Bennion Deville Homes License #01361581

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,932

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2013-10-31
  • Full Bathroom: 3
  • Building Size: 2044.0
  • Building Structure Style: Mediterranean
  • Driving Directions: East Palm Canyon to Deepwell Rd. go to the end of Deepwell Rd to Guard Gate.
  • Full Street Address: 1378 VERANO DR
  • Pool Descriptions: Community Pool, Heated, Association Pool
  • Primary Object Modification Timestamp: 2015-10-02
  • Spa Descriptions: Association Spa
  • Total Number of Units: 110
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Bathroom Features: 2 Master Baths, Double Vanity(s), Granite, Shower Stall, Tub With Jets
  • Bedroom Features: 2 Master Bedrooms, Master Suite, WalkInCloset
  • Eating Areas: Dining Area
  • Appliances: Cooktop - Gas, Double Oven, Range Hood, Warmer Oven Drawer
  • Advertising Remarks: Wonderfully remodeled 3 Bedroom/3 Bath condo with over 2000 sq. ft. in South Palm Springs. Gourmet kitchen with granite counters and top-of-the-line stainless steel appliances. Open living room/dining room floor plan with vaulted beamed ceilings. Dual mas
  • Total Bedrooms: 3
  • Builders Tract Code: 6320
  • Builders Tract Name: DEEPWELL RANCH
  • Fireplace: Yes
  • Levels: Ground Level
  • Playing Courts: Community, Tennis Court Private
  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Refrigerator, Washer
  • Floor Material: Carpet
  • Kitchen Features: Gourmet Kitchen, Pantry, Remodeled
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 3920
  • Common Walls: Attached
  • Construction: Stucco
  • Roofing: Clay Tile
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace
  • Security: Gated Community with Guard

Condo/Co-op/Association

  • Amenities: Gated Community Guard, Tennis Courts
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • Association Rules: PetsPermitted
  • Association Name: Deepwell Ranch
  • HOA Fees: 495.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Mar 24, 2014
Sold by
Ohms John A
Bought by
Mesi Katherine Ann and Mesi Andrea Elizabeth
Seller's Agent
Gurney Group
PS Test Firm
Buyer's Agent
Mike Langham
Bennion Deville Homes
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$890,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,411
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Feb 10, 2003
Sold by
Ohms John A and Ohms John
Bought by
Ohms John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Thomas Licata
Bought by
Ohms John

Purchase Details

Closed on
Jul 27, 1998
Sold by
The Donald E Ralke Trust
Bought by
Licata Thomas

Purchase Details

Closed on
Mar 20, 1997
Sold by
Deepwell Ranch Homeowners Assn Inc
Bought by
Ralke Donald E
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
Mesi Katherine Ann $525,000 Orange Coast Title Company
Ohms John A -- Southland Title
Ohms John $195,000 First American Title Co
Licata Thomas $165,000 First American Title Co
Ralke Donald E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohms John A $544,185
Previous Owner Ohms John A $100,000
Previous Owner Ohms John A $50,000
Previous Owner Ohms John $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $525,000 -4.4% $257 / Sq Ft
10/31/2013 10/31/13 For Sale $549,000 -- $269 / 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 $7,932 $643,566 $160,888 $482,678
2023 $7,932 $618,578 $154,642 $463,936
2022 $8,091 $606,450 $151,610 $454,840
2021 $7,928 $594,560 $148,638 $445,922
2020 $7,573 $588,464 $147,114 $441,350
2019 $7,443 $576,927 $144,230 $432,697
2018 $7,305 $565,615 $141,403 $424,212
2017 $7,199 $554,526 $138,631 $415,895
2016 $6,989 $543,654 $135,913 $407,741
2015 $6,714 $535,489 $133,872 $401,617
2014 $3,057 $239,680 $51,617 $188,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-715973PS

APN: 508-470-013