NOT LISTED FOR SALE

1562 S Indian Trail Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $2,207,000 - $2,660,000

4 Beds
3 Baths
2,508 Sq Ft
$983/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $2,790,000 $1,112 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $15,818/month

6 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of December 2023

Experience the allure of Mountview Lodge, a completely recreated and redesigned midcentury gem. With added square footage and stunning mountain views from every angle, this hidden oasis offers a unique architectural retreat. Nestled in an ideal location, Mountview Lodge combines privacy and convenience. Its sleek and sexy design elements create a captivating atmosphere, making it a truly distinctive property. Fee Land.

Last Agent to Sell the Property

Kennon Earl

Compass License #01394743 Listed on: 11/02/2023

Compass

Co-Listed By

Thomas Davila

Compass License #01725619

Last Buyer's Agent

Jesse Huskey

Compass License #01475480

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x100
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,508 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Stone Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 508-362-011

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2508
  • Lot Acreage: 0.2800
  • Lot Dimensions: 100x100
  • Stories: 1
  • Year Built: 1956
  • Builders Tract Name: Tahquitz River Estates
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Washer, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1236.04

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 508-362-011
  • Lot Size Area: 12197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 19, 2023
Sold by
1562 Indian Trails Llc
Bought by
Marley Commercial Llc
Seller's Agent
Kennon Earl
Compass
Buyer's Agent
Jesse Huskey
Compass
List Price
$3,100,000
Sold Price
$2,790,000
Premium/Discount to List
-$310,000
-10%
Views
16
Current Estimated Value
$2,465,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$324,785
Avg. Annual Appreciation
-6.18%
Original Mortgage
$1,395,000
Outstanding Balance
$1,371,577
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$1,093,638

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 8, 2021
Sold by
Peak Hospitality Inc
Bought by
1562 Indian Trails Llc
Seller's Agent
Mark Ravanpak
Surterre Properties Inc
List Price
$850,000
Sold Price
$1,200,000
Premium/Discount to List
$350,000
41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.84%
Original Mortgage
$693,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2010
Sold by
Full House Enterprises Lp
Bought by
Peak Hospitality Inc

Purchase Details

Closed on
Jul 22, 1997
Sold by
Murawski Charles E and Lee Robert E
Bought by
Villa Royale Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marley Commercial Llc $2,790,000 Fidelity National Title
1562 Indian Trails Llc $1,200,000 First American Title Company
Peak Hospitality Inc $3,117,000 Chicago Title Company
Villa Royale Properties Llc $135,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marley Commercial Llc $1,395,000
Previous Owner 1562 Indian Trails Llc $693,000
Previous Owner Villa Royale Properties Llc $1,190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $2,790,000 -10.0% $1,112 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $3,100,000 +158.3% $1,236 / Sq Ft
12/21/2021 12/21/21 Sold $1,200,000 +41.2% $800 / Sq Ft View Prior Sale
11/02/2021 11/02/21 For Sale $850,000 -- $567 / Sq Ft
Source: The MLS

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 $34,194 $2,845,800 $996,030 $1,849,770
2023 $34,194 $1,224,000 $306,000 $918,000
2022 $15,764 $1,200,000 $300,000 $900,000
2021 $5,992 $443,841 $118,353 $325,488
2020 $5,727 $439,291 $117,140 $322,151
2019 $5,630 $430,679 $114,844 $315,835
2018 $5,526 $422,236 $112,593 $309,643
2017 $5,445 $413,958 $110,386 $303,572
2016 $5,288 $405,842 $108,222 $297,620
2015 $5,075 $399,748 $106,598 $293,150
2014 $5,012 $391,919 $104,511 $287,408
Source: Public Records

Agents Affiliated with this Home

  • Kennon Earl

    Seller's Agent in 2023

    Kennon Earl

    Compass

    (310) 432-6492

    1 in this area

    64 Total Sales

    Kennon Earl
    Section Image
  • Thomas Davila

    Seller Co-Listing Agent in 2023

    Thomas Davila

    Compass

    (323) 327-8292

    1 in this area

    93 Total Sales

    Thomas Davila
    Section Image
  • Jesse Huskey

    Buyer's Agent in 2023

    Jesse Huskey

    Compass

    (760) 668-8933

    6 in this area

    146 Total Sales

    Jesse Huskey
    Section Image
  • Mark Ravanpak

    Seller's Agent in 2021

    Mark Ravanpak

    Surterre Properties Inc

    (949) 717-7100

    1 in this area

    11 Total Sales

    Mark Ravanpak
    Section Image

  • B

    Buyer Co-Listing Agent in 2021

    Brian McGrory

    Compass

See All Agents

Map

Source: The MLS

MLS Number: 23-326837

The MLS

APN: 508-362-011

California Riverside County Palm Springs 92264 Tahquitz River Estates

1562 S Indian Trail, Palm Springs, CA

Not Listed for Sale

Detached

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