NOT LISTED FOR SALE

1485 E Luna Way Palm Springs, CA 92262

Vista Norte Neighborhood

Estimated Value: $798,000 - $920,000

3 Beds
2 Baths
1,475 Sq Ft
$562/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $903,000 $612 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,975/month

46 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Springs High School Rated A-
  • Updated Kitchen
  • 1 Fireplace

About This Home

As of February 2024

Step into the epitome of Palm Springs living with this exquisite 3BR, 2Bath, 1475 sqft residence boasting an Open floor plan. Meticulously reimagined in 2022, enter the home through the new glass double doors into the living room which flows seamlessly to the outdoor entertaining areas as well as the dining area and kitchen. The new kitchen features quartz countertops, large kitchen island, and state-of-the-art appliances. The new Luxury Vinyl tile flooring spans every inch of the home, creating an ambiance of modern elegance. There are also new windows/sliders & exterior doors. The primary bath offers a spa-like retreat with dual vanities and a stunning porcelain tile shower enclosed in seamless glass. As you step into the South facing back yard, be captivated by breathtaking South and Western mountain views (with no power lines), creating a private oasis. Entertain under the stars with a gas firepit or enjoy the shade of the covered patio area during the day. The saltwater pool/spa with a pebble tec finish was redesigned in 2014. With the beautifully landscaped, low maintenance exterior and incredible views, you will never want to leave. Other features of this home are a 2-car garage, interior laundry room and a new (2021) HVAC system. Perfect as a primary, secondary or investment home as this Fee land home w/ no HOA is still eligible for a short-term vacation rental permit. Come and see why this is not just a home but a lifestyle!

Last Agent to Sell the Property

Will Cook

Equity Union License #01879277 Listed on: 12/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 1990

Lot Details

  • 7,405 Sq Ft Lot
  • Home has North and South Exposure
  • Stucco Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Door Entry
  • Living Room
  • Dining Area
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Quail Point Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 501572007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,496

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground, One
  • Entry Floor: 1
  • Included In Sale: Fridge, Washer and Dryer
  • List Price per Sq Ft: 609.49
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1990
  • Listing I D: 219104775
  • Listing Member Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Address: 433 N. Camden Dr., Beverly Hills, CA 90210
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Quail Point
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave Oven, Refrigerator, Washer
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 1475.00

Exterior Features

  • Construction: Stucco
  • Fencing: Stucco Wall
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501572007
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Size: 7405.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 30, 2024
Sold by
Sarjeant Colin and Sarjeant Paul J
Bought by
Dempsey Nicole Marie and Dempsey John Thomas
Seller's Agent
Will Cook
Equity Union
List Price
$899,000
Sold Price
$903,000
Premium/Discount to List
$4,000
0.44%
Views
11
Current Estimated Value
$829,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,966
Avg. Annual Appreciation
-5.53%
Original Mortgage
$722,400
Outstanding Balance
$710,362
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$118,334

Purchase Details

Listed on
Sep 6, 2014
Closed on
Sep 16, 2014
Sold by
Terrel Douglas and Terrel Barbara
Bought by
Sarjeant Colin and Sokoloff Paul J
Seller's Agent
Pam Gillingham
Coldwell Banker Realty
Buyer's Agent
Jeffrey White
Estate Properties
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Terrel Douglas and Van Oast Barbara Ann
Bought by
Terrel Douglas and Terrel Barbara

Purchase Details

Closed on
Mar 12, 2004
Sold by
Vargas Marco A and Vargas Katherine A
Bought by
Terrel Douglas and Vanoast Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Vargas Marco A and Vargas Katherine A
Bought by
Vargas Marco A and Vargas Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.7%
Mortgage Type
Stand Alone Second
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
Dempsey Nicole Marie $903,000 Lawyers Title
Sarjeant Colin $365,000 Equity Title
Terrel Douglas -- --
Terrel Douglas $310,000 Southland Title Corporation
Vargas Marco A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dempsey Nicole Marie $722,400
Previous Owner Terrel Douglas $181,539
Previous Owner Terrel Douglas $210,000
Previous Owner Vargas Marco A $166,000
Previous Owner Vargas Marco A $158,000
Previous Owner Vargas Marco A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $903,000 +0.4% $612 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/16/2023 12/16/23 For Sale $899,000 +146.3% $609 / Sq Ft
10/31/2014 10/31/14 Sold $365,000 -3.7% $247 / Sq Ft
09/06/2014 09/06/14 For Sale $379,000 -- $257 / Sq Ft
Source: California Desert 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 $5,496 $921,059 $230,267 $690,792
2023 $5,496 $421,631 $105,404 $316,227
2022 $5,605 $413,365 $103,338 $310,027
2021 $5,494 $405,261 $101,312 $303,949
2020 $5,252 $401,107 $100,274 $300,833
2019 $5,163 $393,243 $98,308 $294,935
2018 $5,068 $385,533 $96,382 $289,151
2017 $4,994 $377,975 $94,493 $283,482
2016 $4,850 $370,565 $92,641 $277,924
2015 $4,653 $365,000 $91,250 $273,750
2014 $4,216 $327,000 $82,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • Will Cook

    Seller's Agent in 2024

    Will Cook

    Equity Union

    (760) 774-3066

    3 in this area

    56 Total Sales

    Will Cook
    Section Image
  • Pam Gillingham

    Seller's Agent in 2014

    Pam Gillingham

    Coldwell Banker Realty

    (760) 861-1964

    6 Total Sales

    Pam Gillingham
    Section Image
  • Jeffrey White

    Buyer's Agent in 2014

    Jeffrey White

    RE/MAX

    (323) 782-9374

    9 Total Sales

    Jeffrey White
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219104775

California Desert Association of REALTORS®

APN: 501-572-007

California Riverside County Palm Springs 92262 Vista Norte

1485 E Luna Way, Palm Springs, CA

This home is located at 1485 E Luna Way, Palm Springs, CA 92262 since 16 December 2023 and is currently estimated at $829,034, approximately $562 per square foot. This property was built in 1990. 1485 E Luna Way is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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