$385,000
SOLD APR 3, 2015

1381 N Indian Canyon Dr Palm Springs, CA 92262

2 Beds
1 Bath
1,376 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

4% Below List Price

182 Days on Market

About This Home

As of March 2016

Very charming and quaint 1930's Spanish house in RED HOT Uptown Palm Springs on a prominent corner across from Desert Regional Medical Center. This unique property is zoned R-3 and was originally a triplex when it was the only building around. Currently it has a conditional use permit as an office building. To make it into a residential use would require a new conditional permit. If you wanted to use it as an office you can use the current permit. For other uses Buyer will need to obtain the necessary approvals from the city. Consists of a Main Lobby or office with high beamed ceilings. 3 more offices, a full bathroom and a large kitchen. Plenty of parking behind the building. Security gate and lots of room to the rear for garage, pool, additional parking, etc. with west mountain views. Great potential.

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 08/17/2014

Compass

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,288

Year Built

1936

Lot Details

0

Listing Details

  • Active Date: 2014-08-17
  • Building Size: 1376.0
  • Driving Directions: On North Indian Canyon at the southwest corner of Monte Vista between Desert Regional Medical center and The Riviera Hotel
  • Full Street Address: 1381 N INDIAN CANYON DR
  • Primary Object Modification Timestamp: 2015-04-03
  • Total Number of Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1936

Interior Features

  • Appliances: Range
  • Advertising Remarks: Very charming and quaint 1930's Spanish house in RED HOT Uptown Palm Springs on a prominent corner across from Desert Regional Medical Center. This unique property is zoned R-3 and was originally a triplex when it was the only building around. Currently i
  • Assessed Land Value: 216485.00
  • Total Bedrooms: 2
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Number Of Buildings: 2
  • Appliances: Refrigerator
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 8340

Garage/Parking

  • Parking Features: Driveway - Concrete
  • Parking Spaces Total: 8

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

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

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 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: 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 $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

  • C

    Seller's Agent in 2016

    Carlos Ivie

    Carlos Ivie, Broker

    Section Image

  • M

    Buyer's Agent in 2016

    Maryellen Hill

    Maryellen Hill & Associates

    Section Image
  • Scott Lyle

    Seller's Agent in 2015

    Scott Lyle

    Compass

    (760) 333-8454

    51 Total Sales

    Scott Lyle
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-786407PS

APN: 505-184-016

California Riverside County Palm Springs 92262

1381 N Indian Canyon Dr, Palm Springs, CA

This home is located at 1381 N Indian Canyon Dr, Palm Springs, CA 92262 and is currently priced at $385,000, approximately $279 per square foot. This property was built in 1936. 1381 N Indian Canyon 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.

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