NOT LISTED FOR SALE

1566 Lorena Way Palm Springs, CA 92262

Vista Norte Neighborhood

Estimated Value: $638,000 - $784,000

3 Beds
2 Baths
1,232 Sq Ft
$569/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $410,000 $333 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,367/month

15 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Ceramic Tile Flooring
  • Palm Springs High School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of January 2019

Resort Rental in Palm Springs. Impressive Mountain views from the Oversized west facing backyard. Custom pool with lots of patio area to enjoy the palm springs lifestyle with spectacular mountain views. Large cul-de-sac lot provides lots of outside living.. The backyard is so big it feels like your own private Resort. Recently running as a popular air B&B. 3 bedrooms, (one bed room has been temporarily converted into a Den), plus 2 bath. Custom ceramic tile floors throughout, light and open kitchen has tile counters and lots of cabinets, separate dining room, inside laundry room. Open Concept floor plan provides seamless access to the backyard. Located in the Flora Vista Development in Palm Springs.

Last Agent to Sell the Property

Jeff Litton

HomeSmart License #00861820 Listed on: 12/04/2018

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

Property Views

  • Panoramic
  • Mountain

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air

Community Details

  • Flora Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501182016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,796

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Flora Vista
  • List Price per Sq Ft: 364.45
  • Lp Sp Ratio: 0.9131
  • View Type: Mountain(s), Panoramic
  • Year Built: 1999
  • Listing I D: 218033340
  • Listing Member Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Member Fax: (760) 778-1490
  • Listing Office Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: Flora Vista
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1232.00

Exterior Features

  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Sewer: Unknown

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501182016
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Dec 24, 2018
Sold by
Parr Stephen Nigel
Bought by
Smith Patrick and Malenitza Michael
Seller's Agent
Jeff Litton
HomeSmart
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Current Estimated Value
$701,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,144
Avg. Annual Appreciation
8.32%
Original Mortgage
$285,000
Outstanding Balance
$250,073
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$451,071

Purchase Details

Closed on
Feb 27, 2014
Sold by
Paterson Robert John and Paterson Irene Mary Mathilde
Bought by
Parr Stephen Nigel and Parr Helena Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 17, 2012
Closed on
May 10, 2012
Sold by
Ladevaia Russell and Goodrich Samuel
Bought by
Parr Stephen Nigel and Parr Helena Antonina
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Sytkowsi David
Bought by
Iadevaia Russell and Goodrich Samuel

Purchase Details

Closed on
Nov 8, 2004
Sold by
Manchel Bruce and Manchel Janine A
Bought by
Sytkowski David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1999
Sold by
The Southland Group
Bought by
Manchel Bruce and Manchel Janine A
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
Smith Patrick $410,000 Chicago Title Company Ie
Parr Stephen Nigel $150,500 Title 365
Parr Stephen Nigel $235,000 Equity Title Company
Iadevaia Russell -- None Available
Sytkowski David $370,000 Fidelity National Title Co
Manchel Bruce $127,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Patrick $285,000
Previous Owner Parr Stephen Nigel $160,000
Previous Owner Sytkowski David $296,000
Closed Sytkowski David $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2019 01/28/19 Sold $410,000 -8.7% $333 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $449,000 +91.1% $364 / Sq Ft
05/31/2012 05/31/12 Sold $235,000 -6.0% $191 / Sq Ft View Prior Sale
02/17/2012 02/17/12 For Sale $249,900 -- $203 / 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
2025 $7,796 $469,389 $75,296 $394,093
2023 $7,796 $451,164 $72,373 $378,791
2022 $6,206 $442,318 $70,954 $371,364
2021 $6,020 $433,646 $69,563 $364,083
2020 $5,828 $429,200 $68,850 $360,350
2019 $3,788 $264,600 $66,148 $198,452
2018 $3,723 $259,408 $64,849 $194,559
2017 $3,673 $254,323 $63,578 $190,745
2016 $3,576 $249,337 $62,332 $187,005
2015 $3,435 $245,594 $61,397 $184,197
2014 $3,387 $240,786 $60,196 $180,590
Source: Public Records

Agents Affiliated with this Home

  • Jeff Litton

    Seller's Agent in 2019

    Jeff Litton

    HomeSmart

    (760) 408-3883

    1 in this area

    150 Total Sales

    Jeff Litton
    Section Image
  • Michael Adams

    Seller's Agent in 2012

    Michael Adams

    Bennion Deville Homes

    (760) 702-6161

    8 Total Sales

    Michael Adams
    Section Image

  • N

    Buyer's Agent in 2012

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218033340

California Desert Association of REALTORS®

APN: 501-182-016

California Riverside County Palm Springs 92262 Vista Norte

1566 Lorena Way, Palm Springs, CA

This home is located at 1566 Lorena Way, Palm Springs, CA 92262 since 04 December 2018 and is currently estimated at $701,144, approximately $569 per square foot. This property was built in 1999. 1566 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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