NOT LISTED FOR SALE

Estimated Value: $711,072 - $945,000

4 Beds
3 Baths
1,855 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $375,000 $202 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,909/month

1 Day on Market

About This Home

As of September 2013

This beautiful Contemporary Mediterranean Bungalow has been completely remodeled and is ready to move in and start enjoying the Palm Springs lifestyle. With 4 beds and 3 baths including an attached separate entrance casita this house is perfect for entertaining friends or making an insane vacation rental. Granite counter tops in the kitchen, all baths have been completely renovated, all new tile throughout and new carpet in bedrooms. All new stainless Frigidaire appliances, brand new 26" stainless barbecue, new cool-decking, paint, baseboards, all new landscaping and more! This home has to be seen.

Last Agent to Sell the Property

Sean Casey

Villa Real Estate License #01750857 Listed on: 07/07/2013

Co-Listed By

NonMember AgentDefault

NonMember OfficeDefault

Last Buyer's Agent

Patrick Lynn

Patrick J Lynn, Broker License #00647275

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,662

Year Built

1992

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2013-08-29
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1855.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Driving West on Francis from Sunrise make a left on N Paseo de Anza then your first right is Adobe Way. House is on the right.
  • Full Street Address: 1488 E ADOBE WAY
  • Pool Construction: In Ground
  • Pool Descriptions: Filtered
  • Primary Object Modification Timestamp: 2014-07-19
  • Total Number of Units: 1
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Built-In BBQ
  • Advertising Remarks: This beautiful Contemporary Mediterranean Bungalow has been completely remodeled and is ready to move in and start enjoying the Palm Springs lifestyle. With 4 beds and 3 baths including an attached separate entrance casita this house is perfect for ente
  • Total Bedrooms: 4
  • Builders Tract Code: 5110
  • Builders Tract Name: QUAIL POINT
  • Fireplace: No
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 7405
  • Common Walls: Detached/No Common Walls
  • Construction: Adobe
  • Other Structures: Guest House Attached
  • Fence: Block Wall
  • Water: District/Public

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Evaporative, Swamp Cooler(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2013
Closed on
Sep 16, 2013
Sold by
Malloch Michael P and Cutler Paul
Bought by
Schneller Avigdor and Avigdor Schneller Living Trust
Seller's Agent
Sean Casey
Villa Real Estate
Buyer's Agent
Patrick Lynn
Patrick J Lynn, Broker
List Price
$409,000
Sold Price
$375,000
Premium/Discount to List
-$34,000
-8.31%
Current Estimated Value
$814,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,268
Avg. Annual Appreciation
6.72%

Purchase Details

Listed on
Jul 7, 2013
Closed on
Aug 26, 2013
Sold by
Malloch Gina
Bought by
Malloch Michael P
Seller's Agent
Sean Casey
Villa Real Estate
Buyer's Agent
Patrick Lynn
Patrick J Lynn, Broker
List Price
$409,000
Sold Price
$375,000
Premium/Discount to List
-$34,000
-8.31%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Malloch Audrey
Bought by
Malloch Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Dodd Mark
Bought by
Prieto Dodd Jeannette Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.89%

Purchase Details

Closed on
May 1, 2002
Sold by
Prieto Dodd Jeannette Francine and Prieto Jeannette
Bought by
Thomas Robert Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.89%
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
Schneller Avigdor $375,000 Lawyers Title
Malloch Michael P -- Lawyers Title
Malloch Michael -- Lawyers Title
Malloch Michael P $257,500 Lawyers Title
Prieto Dodd Jeannette Francine -- First American Title Co
Thomas Robert Keith $200,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malloch Michael P $10,000
Previous Owner Malloch Michael $140,000
Previous Owner Thomas Robert Keith $50,000
Previous Owner Thomas Robert Keith $15,074
Previous Owner Thomas Robert Keith $134,000
Previous Owner Thomas Robert Keith $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2013 09/26/13 Sold $375,000 -6.2% $202 / Sq Ft
07/31/2013 07/31/13 Price Changed $399,900 -2.2% $216 / Sq Ft
07/09/2013 07/09/13 For Sale $409,000 0.0% $220 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
07/07/2013 07/07/13 For Sale $409,000 -- $220 / 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 $5,662 $459,686 $115,225 $344,461
2023 $5,662 $441,837 $110,751 $331,086
2022 $5,770 $433,175 $108,580 $324,595
2021 $5,654 $424,682 $106,451 $318,231
2020 $5,404 $420,328 $105,360 $314,968
2019 $5,310 $412,088 $103,295 $308,793
2018 $5,211 $404,009 $101,270 $302,739
2017 $5,133 $396,088 $99,285 $296,803
2016 $4,984 $388,323 $97,339 $290,984
2015 $4,780 $382,492 $95,878 $286,614
2014 $4,718 $375,000 $94,000 $281,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-686089PS

APN: 501-571-010