$425,000
SOLD MAR 15, 2016

1381 N Indian Canyon Dr Palm Springs, CA 92262

2 Beds
1 Bath
1,376 Sq Ft
8,340 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

9% Below List Price

52 Days on Market

Highlights

  • RV Access or Parking
  • Gated Parking
  • Property is near a park
  • Palm Springs High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of March 2016

**Investors Special** RED HOT, Uptown Palm Springs adjacent to Old Las Palmas and El Mirador. This Old Spanish style Cottage was built in 1936 and has Rustic Charm and endless upside potential. SFR with 2-Bedrooms, 1-Bath, Dining Room, Living Room with Grand Fireplace, large Kitchen and high Wood beamed ceilings throughout the Home. Central air and heat with breathtaking West Mountain views. 1376 sq. ft., on an 8,340 sq. Ft. Lot, with an R3 Zoning. This Property has a Conditional Use Permit for an Office however, the CUP can be used for numerous purposes such as: Medical or Legal Office, Airbnb, Bed & Breakfast or a Rental. Great location within walking distance to DTPS. All information is deemed reliable but is NOT guaranteed accurate by the Seller or the Listing Broker/Agent. Buyers and/or Buyers Broker(s)/Agent(s) are responsible for verifying the accuracy of ALL information and should investigate the data themselves or retain the appropriate professionals.

Last Agent to Sell the Property

Carlos Ivie

Carlos Ivie, Broker License #01435940 Listed on: 11/24/2015

Last Buyer's Agent

Maryellen Hill

Maryellen Hill & Associates License #00754374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,288

Year Built

  • Built in 1936

Lot Details

  • 8,340 Sq Ft Lot
  • Lot Dimensions are 60 x 139
  • South Facing Home
  • Security Fence
  • Masonry wall
  • Brick Fence
  • Stucco Fence
  • Corner Lot
  • Rectangular Lot
  • Corners Of The Lot Have Been Marked
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Private Yard
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available
  • Workshop in Garage
  • Circular Driveway
  • Gated Parking
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Spanish Architecture
  • Bungalow
  • Patio Home
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Brick Exterior Construction
  • Spanish Tile Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Track Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Drapes & Rods
  • French Doors
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Storage
  • Utility Room
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 505184016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,288

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: All appliances
  • Other Phone Description: Text
  • Other Phone Number: 909-238-8830
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Fire and Smoke Detection System, Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 505184016
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1376.00
  • Interior Amenities: Beamed Ceilings, Brick Walls, Cathedral Ceiling(s), High Ceilings, Storage, Track Lighting
  • Stories: 1
  • Entry Location: Ground Level With Steps,Ground Level
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Gas, Living Room, Masonry, Wood Burning
  • Levels: One
  • Price Per Square Foot: 308.87
  • Room Type: Entry, Living Room, Utility Room, Workshop
  • Window Features: Drapes

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Storage, Shed(s), Workshop
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Brick, Masonry, Privacy, Security, Stucco Wall
  • Patio And Porch Features: Brick, Concrete, Patio Open, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Circular Driveway, Carport, Detached Carport, Concrete, Driveway, Gated, Off Street, Private, RV Access/Parking, Workshop in Garage
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Electric, Forced Air, Heat Pump
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Mountainous, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Corners Marked, Front Yard, Rectangular Lot, Lot 6500-9999, Patio Home, Park Nearby, Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Near Public Transit, Yard
  • Lot Size: 60 x 139
  • Lot Size Sq Ft: 8340.00
  • Price Per Lot Square Foot: 50.96
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8340.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: UKN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Neil Christopher J
Bought by
Christopher J Neil Rev Inter Vivos Tr
Current Estimated Value
$864,705

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jan 19, 2016
Sold by
Ps Office Properties Llc
Bought by
Neil Christopher J
Seller's Agent
Carlos Ivie
Carlos Ivie, Broker
Buyer's Agent
Maryellen Hill
Maryellen Hill & Associates
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Listed on
Aug 17, 2014
Closed on
May 1, 2015
Sold by
Westhem David A
Bought by
Ps Office Properties Llc
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%

Purchase Details

Listed on
Aug 17, 2014
Closed on
Mar 18, 2015
Sold by
Westhem Alicia E
Bought by
Westhem David A
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 17, 2014
Closed on
Feb 25, 2015
Sold by
Deming Judith E and Deming Gerbershagen Judith E
Bought by
Westhem David A
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2004
Sold by
Gerbershagen George W
Bought by
Gerbershagen Judith E Deming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Horn Susan G
Bought by
Gerbershagen Judith E Deming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2004
Sold by
Singh Harjit and Kaur Manjit
Bought by
Horn Susan G
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $425,000 Lawyers Title
Grant Deed -- None Available
Interfamily Deed Transfer -- First American Title Company
Grant Deed $385,000 First American Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $462,500 First American Title Co
Grant Deed $95,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Commercial
Previous Owner $370,000 New Conventional
Previous Owner $500,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $425,000 -9.4% $309 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
11/24/2015 11/24/15 For Sale $469,000 +21.8% $341 / Sq Ft
04/03/2015 04/03/15 Sold $385,000 -3.7% $280 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
08/17/2014 08/17/14 For Sale $399,900 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,288 $503,105 $273,452 $229,653
2023 $6,288 $483,571 $262,835 $220,736
2022 $6,413 $474,090 $257,682 $216,408
2021 $6,285 $464,795 $252,630 $212,165
2020 $6,007 $460,030 $250,040 $209,990
2019 $5,905 $451,011 $245,138 $205,873
2018 $5,796 $442,169 $240,332 $201,837
2017 $5,710 $433,500 $235,620 $197,880
2016 $5,134 $392,700 $193,800 $198,900
2015 $5,327 $420,000 $210,000 $210,000
2014 $5,118 $400,000 $200,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15252563

California Regional Multiple Listing Service (CRMLS)

APN: 505-184-016