NOT LISTED FOR SALE

1563 Lorena Way Palm Springs, CA 92262

Vista Norte Neighborhood

Estimated Value: $698,000 - $886,000

4 Beds
2 Baths
1,597 Sq Ft
$501/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $770,000 $482 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,254/month

119 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • 2 Car Attached Garage
  • Palm Springs High School Rated A-
  • Furnished
  • Laundry Room

About This Home

As of November 2023

Experience the epitome of Palm Springs living in this stunning 4BR, 2Bath oasis nestled on a tranquil cul-de-sac just minutes from Downtown Palm Springs. This home offers stunning Southwestern mountain views from the outdoor entertaining areas. The open kitchen/dining area flows seamlessly into the living room with a fireplace and high vaulted ceilings. The large primary bedroom has direct access to the backyard, which features a pool and spa. Hard surface tiled floors throughout the home make for easy maintenance, and the 2 car garage with storage cabinets provides plenty of parking. The pie-shaped lot affords not only a very private pool area surrounded by hedges and lush plantings, but also a fenced side yard perfect as a dog run or to create a separate entertaining space. This home is move-in ready and perfect for anyone looking for a primary residence, private getaway retreat or investment. The home is currently a very successful vacation rental and as of the listing date neighborhood density still allows for this to remain a vacation rental. Offered furnished per inventory. Call today to schedule your private showing!

Last Listed By

Will Cook

Equity Union License #01879277 Listed on: 06/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,857

Year Built

  • Built in 1999

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinkler System

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

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

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Flora Vista Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 501182019

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,857

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • Included In Sale: Washer/Dryer/Refrigerator, furnished per inventory list.
  • List Price per Sq Ft: 519.10
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s)
  • Year Built: 1999
  • Listing I D: 219096156
  • 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: 4045 E Ramon Rd, Palm Springs, CA 92264
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Flora Vista
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 1597.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private, 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: On Street, 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
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501182019
  • Irrigation: Sprinkler System
  • Lot Size: 7405.00

Rental Info

  • Furnished: Furnished
  • 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
Jun 9, 2023
Closed on
Nov 6, 2023
Sold by
Emily Prescott Burrows Revocable Living
Bought by
Mcevenue Jean Paul and Mcevenue Kirsten Karl
Seller's Agent
Will Cook
Equity Union
Buyer's Agent
GPS Non Member
Non Member Office
List Price
$829,000
Sold Price
$770,000
Premium/Discount to List
-$59,000
-7.12%
Total Days on Market
119
Views
136
Current Estimated Value
$799,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,642
Avg. Annual Appreciation
2.70%
Original Mortgage
$616,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2021
Sold by
Burrows James and Prescott Burrows Emily
Bought by
Burrows Emily Prescott and Burrows Emily Prescott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 5, 2019
Sold by
Burrows Emily Prescott
Bought by
Rlt Burrows Emily Prescott
Seller's Agent
Branden Dalton
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$414,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
May 30, 2019
Sold by
Burrows James
Bought by
Burrows Emily Prescott
Seller's Agent
Branden Dalton
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
Apr 12, 2019
Sold by
Thomas Jay Kaiser Living Trust
Bought by
Burrows Emily Prescott and Burrows James
Seller's Agent
Branden Dalton
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2006
Sold by
Kaiser Thomas Jay
Bought by
Kaiser Thomas Jay and Spencer Theresa Kaiser

Purchase Details

Closed on
Apr 8, 2000
Sold by
Baker Gwendolyn
Bought by
Kaiser Thomas J

Purchase Details

Closed on
Jun 11, 1999
Sold by
The Soutland Group
Bought by
Baker Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

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
Mcevenue Jean Paul $770,000 Lawyers Title
Burrows Emily Prescott -- First American Title Company
Burrows James -- First American Title Company
Rlt Burrows Emily Prescott -- Wfg National Title Co Of Ca
Burrows Emily Prescott -- None Available
Burrows Emily Prescott $460,000 Orange Coast Title
Kaiser Thomas Jay -- None Available
Kaiser Thomas J $210,000 Lawyers Title Company
Baker Gwendolyn $169,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcevenue Jean Paul $616,000
Closed Mcevenue Jean Paul $616,000
Previous Owner Burrows James $432,000
Previous Owner Burrows Emily Prescott $414,000
Previous Owner Baker Gwendolyn $160,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $770,000 -7.1% $482 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $829,000 +80.2% $519 / Sq Ft
05/23/2019 05/23/19 Sold $460,000 +2.4% $288 / Sq Ft
04/02/2019 04/02/19 For Sale $449,000 -- $281 / 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 $9,857 $493,210 $72,373 $420,837
2022 $6,738 $483,540 $70,954 $412,586
2021 $6,541 $474,060 $69,563 $404,497
2020 $6,325 $469,200 $68,850 $400,350
2019 $4,008 $289,312 $44,074 $245,238
2018 $3,938 $283,640 $43,210 $240,430
2017 $3,883 $278,079 $42,363 $235,716
2016 $3,778 $272,628 $41,533 $231,095
2015 $3,628 $268,535 $40,910 $227,625
2014 $3,576 $263,276 $40,109 $223,167
Source: Public Records

Agents Affiliated with this Home

  • Will Cook

    Seller's Agent in 2023

    Will Cook

    Equity Union

    (760) 774-3066

    3 in this area

    59 Total Sales

    Will Cook
    Section Image

  • G

    Buyer's Agent in 2023

    GPS Non Member

    Non Member Office

  • Branden Dalton

    Seller's Agent in 2019

    Branden Dalton

    Keller Williams Luxury Homes

    (760) 969-3315

    1 in this area

    6 Total Sales

    Branden Dalton
    Section Image

  • N

    Buyer's Agent in 2019

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219096156

California Desert Association of REALTORS®

APN: 501-182-019

California Riverside County Palm Springs 92262 Vista Norte

1563 Lorena Way, Palm Springs, CA

Homes for Sale in Palm Springs, CA

This home is located at 1563 Lorena Way, Palm Springs, CA 92262 since 09 June 2023 and is currently estimated at $799,642, approximately $500 per square foot. This property was built in 1999. 1563 Lorena 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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