NOT LISTED FOR SALE

154 E Ocotillo Ave Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $2,256,000 - $2,518,000

5 Beds
4 Baths
2,766 Sq Ft
$870/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $1,950,000 $705 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,165/month

9 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Springs High School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of April 2022

AN ENTERTAINERS DREAM! A modern newer construction home built in 2018 with mountain views in the heart of Palm Springs, just minutes of Downtown restaurants, shopping, art galleries, and scenic hiking trails. This 2,800 square-foot home features 5 bedrooms and 4 bathrooms, of which, 3 are master bedrooms, high ceilings and a chefs' kitchen. The 9,583 square-foot lot features a custom pool, spa and an outdoor grill kitchen. MUST SEE THIS Home.

Last Agent to Sell the Property

Lisa Hovsepian

Oak View Realty License #01068835 Listed on: 03/09/2022

Last Buyer's Agent

Gillian Jones

California Lifestyle Realty License #01404006

California Lifestyle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,937

Year Built

  • Built in 2018

Lot Details

  • 9,148 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 2,766 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Family Room Off Kitchen
  • Formal Dining Room
  • Tile Flooring
  • Mountain Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Pool

  • Heated In Ground Pool
  • Gas Heated Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 2
  • Assessor Parcel Number 508292021
  • $268 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,937

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 508292021
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2766.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: In Living Room, Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 704.99
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Two Masters, Walk-In Closet
  • Bathroom Features: Shower, Double Sinks In Master Bath, Exhaust Fan(s), Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, Heated, Gas Heat, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 448.05
  • Tax Lot: 23
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 25, 2022
Sold by
Apex Pc Llc
Bought by
Ovadia Isaac Michan
Seller's Agent
Lisa Hovsepian
Oak View Realty
Buyer's Agent
Gillian Jones
California Lifestyle Realty
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%
Current Estimated Value
$2,406,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,575
Avg. Annual Appreciation
6.48%
Original Mortgage
$1,365,000
Outstanding Balance
$1,329,146
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$1,077,429

Purchase Details

Closed on
Sep 24, 2018
Sold by
Hovsepian Sahak and Hovsepian Petros Peter
Bought by
Hovsepian Sahak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2015
Sold by
Hovsepian Sahak
Bought by
Hovsepian Sahak and Hovsepian Petros Peter

Purchase Details

Listed on
May 20, 2014
Closed on
May 30, 2014
Sold by
Baddour Raymond
Bought by
Hovsepian Sahak
Seller's Agent
Ingrid Baddour
Baddour & Associates
Buyer's Agent
Ingrid Baddour
Baddour & Associates
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$298,220
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Ovadia Isaac Michan -- None Listed On Document
Hovsepian Sahak -- Usa Title La
Hovsepian Sahak -- Accommodation
Hovsepian Sahak $403,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovadia Isaac Michan $1,365,000
Previous Owner Hovsepian Sahak $159,000
Previous Owner Hovsepian Sahak $800,000
Previous Owner Hovsepian Petros Peter $410,000
Previous Owner Hovsepian Sahak $298,220
Previous Owner Hovsepian Sahak $298,220
Previous Owner Baddour Isabelle A $250,000
Previous Owner Baddour Isabelle A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $1,950,000 -13.3% $705 / Sq Ft
04/25/2022 04/25/22 Price Changed $2,250,000 0.0% $813 / Sq Ft
04/25/2022 04/25/22 For Sale $2,250,000 +15.4% $813 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $1,950,000 +375.6% $705 / Sq Ft
05/28/2014 05/28/14 Sold $410,000 -3.5% $328 / Sq Ft
05/20/2014 05/20/14 For Sale $425,000 -- $340 / 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 $24,937 $2,069,354 $519,991 $1,549,363
2023 $24,937 $1,989,000 $499,800 $1,489,200
2022 $11,158 $843,327 $114,099 $729,228
2021 $10,931 $826,792 $111,862 $714,930
2020 $11,048 $818,315 $110,715 $707,600
2019 $9,454 $738,545 $108,545 $630,000
2018 $3,824 $286,417 $106,417 $180,000
2017 $2,163 $152,556 $104,331 $48,225
2016 $1,629 $110,350 $102,286 $8,064
2015 $5,114 $403,000 $100,750 $302,250
2014 $2,920 $221,124 $55,807 $165,317
Source: Public Records

Agents Affiliated with this Home

  • Lisa Hovsepian

    Seller's Agent in 2022

    Lisa Hovsepian

    Oak View Realty

    (818) 422-2636

    1 in this area

    30 Total Sales

    Lisa Hovsepian
    Section Image
  • Gillian Jones

    Buyer's Agent in 2022

    Gillian Jones

    California Lifestyle Realty

    (760) 485-7546

    1 in this area

    72 Total Sales

    Gillian Jones
    Section Image
  • Ingrid Baddour

    Seller's Agent in 2014

    Ingrid Baddour

    Baddour & Associates

    (760) 272-9543

    3 Total Sales

    Ingrid Baddour
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22046093

California Regional Multiple Listing Service (CRMLS)

APN: 508-292-021

California Riverside County Palm Springs 92264 Tahquitz River Estates

154 E Ocotillo Ave, Palm Springs, CA

This home is located at 154 E Ocotillo Ave, Palm Springs, CA 92264 since 09 March 2022 and is currently estimated at $2,406,575, approximately $870 per square foot. This property was built in 2018. 154 E Ocotillo Ave 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 Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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