NOT LISTED FOR SALE

1523 E San Lorenzo Rd Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $1,605,000 - $1,965,690

5 Beds
4 Baths
2,432 Sq Ft
$719/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $1,300,000 $535 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,212/month

11 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Private Lot
  • Palm Springs High School Rated A-
  • Mountain View
  • Retreat

About This Home

As of November 2021

Rare opportunity to buy a pedigreed, architecturally significant (Trousdale) mid-century home, in South Palm Springs with a large floor plan. This could be a private estate or a VRBO/AirBnB dream home. No HOA. Fee simple land. Some bedrooms are better described as dens. Some may be better sealed off and turned into casitas. A great canvas waiting for the artist to arrive. Not available for resale since 1979, this is the type of property that families hold in trust for decades. Fantastic back yard pool-side views compliment the available outdoor lifestyle. Ready for a decorators touch, modernization, or just move in AS-IS. The best Palm Springs lifestyle awaits. Location. Location. Location. Close to parks. Shopping. Restaurants. Downtown. This Tahquitz River Estates home is a great opportunity for someone who can take advantage of it. I know that Flippers will see the value. It's got the right architectural pedigree, built by Trousdale in 1948, is a real PS mid-century modern. But, the permanent resident, individual, or family, who thinks, I wish I could find a home that's decent enough to move into and then fix over time could take advantage of this property too, take a life-changing step, and have instant equity in a home that will provide generations of stability to their family tree.

Last Agent to Sell the Property

Eric Meeks

RE/MAX Desert Properties License #01391813 Listed on: 09/25/2021

RE/MAX Desert Properties

Co-Listed By

Tracey Wrubleski Meeks

RE/MAX Desert Properties License #01081343

Last Buyer's Agent

David Emerson

Coldwell Banker Res Brokerage License #01376513

Coldwell Banker Res Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,793

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot
  • Masonry wall
  • Private Lot
  • Paved or Partially Paved Lot

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Foam Roof
  • Wood Siding

Interior Spaces

  • 2,432 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • French Doors
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Walk-In Closet
  • Secondary bathroom tub or shower combo

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Schools

  • Agua Caliente Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Wood patio
  • Ground Level

Community Details

  • Tahquitz River Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 508282007

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,793

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One, Ground
  • Builders Tract Code: Troesdale
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Floor: 1
  • Included In Sale: Unfurnished. Stove. Dishwasher. Sold AS IS.
  • List Price per Sq Ft: 411.18
  • Lp Sp Ratio: 1.3000
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1948
  • Co Listing Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Co Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 841-0917
  • Listing I D: 219068085
  • Listing Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Member Fax: (760) 841-0917
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Fax: (949) 335-7281
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Tahquitz River Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Wood, Unknown
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Shower & Tub
  • Total Bathrooms: 4.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Estimated Sq Ft: 2432.00

Exterior Features

  • Construction: Brick, Wood
  • Roofing: Foam
  • Fencing: Masonry
  • Foundation: Slab
  • Patio: Wood
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • 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, Dual
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: In Street, Water District

Lot Info

  • Assessor Parcel Number: 508282007
  • Lot Description: Fenced, Private, Street Paved
  • Lot Size: 10454.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Agua Caliente
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Nov 9, 2021
Sold by
Bobo Jack
Bought by
Bobo Qiao
Seller's Agent
Eric Meeks
RE/MAX Desert Properties
Buyer's Agent
David Emerson
Coldwell Banker Res Brokerage
List Price
$999,999
Sold Price
$1,300,000
Premium/Discount to List
$300,001
30%
Total Days on Market
11
Current Estimated Value
$1,748,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,173
Avg. Annual Appreciation
4.57%
Original Mortgage
$695,000
Outstanding Balance
$643,654
Interest Rate
3.01%
Mortgage Type
Construction
Estimated Equity
$880,741

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 30, 2021
Sold by
Coll Shelby and Coll Winnie
Bought by
Bobo Qiao Y
Seller's Agent
Eric Meeks
RE/MAX Desert Properties
Buyer's Agent
David Emerson
Coldwell Banker Res Brokerage
List Price
$999,999
Sold Price
$1,300,000
Premium/Discount to List
$300,001
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Outstanding Balance
$643,654
Interest Rate
3.01%
Mortgage Type
Construction
Estimated Equity
$880,741

Purchase Details

Listed on
Sep 25, 2021
Closed on
Oct 27, 2021
Sold by
Collinsworth Lisa M and Shebly Collinsworth
Bought by
Bobo Qiao Y
Seller's Agent
Eric Meeks
RE/MAX Desert Properties
Buyer's Agent
David Emerson
Coldwell Banker Res Brokerage
List Price
$999,999
Sold Price
$1,300,000
Premium/Discount to List
$300,001
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Outstanding Balance
$643,654
Interest Rate
3.01%
Mortgage Type
Construction
Estimated Equity
$880,741

Purchase Details

Closed on
Sep 9, 2021
Sold by
Shelby Collinsworth
Bought by
Shelby Collinsworth And Winnie Ferne Collinsw and Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
3.14%
Source: Public Records

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Range of Values:

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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
Bobo Qiao -- Wfg National Title
Bobo Qiao Y $1,300,000 Wfg National Title
Bobo Qiao Y $1,300,000 Wfg National Title Company
Shelby Collinsworth And Winnie Ferne Collinsw -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobo Qiao $695,000
Closed Bobo Qiao Y $695,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $1,300,000 +30.0% $535 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $999,999 -23.1% $411 / Sq Ft
09/27/2021 09/27/21 Off Market $1,300,000 -- --
09/25/2021 09/25/21 For Sale $999,999 -- $411 / 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
2023 $16,793 $1,339,260 $331,500 $1,007,760
2022 $16,983 $1,300,000 $325,000 $975,000
2021 $3,424 $251,741 $34,490 $217,251
2020 $3,277 $249,161 $34,137 $215,024
2019 $3,221 $244,276 $33,468 $210,808
2018 $3,162 $239,487 $32,812 $206,675
2017 $3,115 $234,792 $32,169 $202,623
2016 $3,026 $230,189 $31,539 $198,650
2015 $2,895 $226,733 $31,066 $195,667
2014 $2,848 $222,293 $30,458 $191,835
Source: Public Records

Agents Affiliated with this Home

  • Eric Meeks

    Seller's Agent in 2021

    Eric Meeks

    RE/MAX

    (760) 567-7646

    1 in this area

    49 Total Sales

    Eric Meeks
    Section Image
  • David Emerson

    Buyer's Agent in 2021

    David Emerson

    Coldwell Banker Res Brokerage

    (760) 220-8210

    1 in this area

    95 Total Sales

    David Emerson
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219068085

California Desert Association of REALTORS®

APN: 508-282-007

California Riverside County Palm Springs 92264 Tahquitz River Estates

1523 E San Lorenzo Rd, Palm Springs, CA

This home is located at 1523 E San Lorenzo Rd, Palm Springs, CA 92264 since 25 September 2021 and is currently estimated at $1,748,173, approximately $718 per square foot. This property was built in 1948. 1523 E San Lorenzo Rd is a home located in Riverside County with nearby schools including Cahuilla 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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