$235,000
SOLD MAY 31, 2012

1566 Lorena Way Palm Springs, CA 92262

Vista Norte Neighborhood
3 Beds
2 Baths
1,232 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

6% Below List Price

97 Days on Market

About This Home

As of January 2019

VIEWS! VIEWS! Nice pool home located on a large cul-de-sac lot with great mountain views. 3rd bedroom/den is open to living room, spacious kitchen and fireplace in living room. Excellent home for first time buyer or a convenient get away. Close to shopping, gym and Central Palm Springs. You own the land.

Last Agent to Sell the Property

Michael Adams

Bennion Deville Homes License #01822742 Listed on: 02/17/2012

Bennion Deville Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,796

Year Built

1999

Lot Details

0

Listing Details

  • Cross Street: OLGA
  • Active Date: 2012-04-13
  • Full Bathroom: 2
  • Building Size: 1232.0
  • Driving Directions: Traveling north on Sunrise turn left on Via Escuela, then right on Paseo De Anza, then right on Olga and continue to Lorena Way which is a cul-de-sac street on your left.
  • Full Street Address: 1566 Lorena Way
  • Lot Size Acres: 0.19
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2013-05-10
  • Tax Legal Lot Number: 9
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Bedroom Features: All Bedrooms Down
  • Eating Areas: Dining Area
  • Advertising Remarks: VIEWS! VIEWS! Nice pool home located on a large cul-de-sac lot with great mountain views. 3rd bedroom/den is open to living room, spacious kitchen and fireplace in living room. Excellent home for first time buyer or a convenient get away. Close to shoppin
  • Total Bedrooms: 3
  • Builders Tract Name: FLORA VISTA
  • Levels: One Level
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • Lot Size Sq Ft: 8276
  • Water: Water District

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Cooling Type: Air Conditioning, Central A/C

Condo/Co-op/Association

  • HOA: No

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
Buyer's Agent
Eric McCollum
Sotheby's International Realty
List Price
$449,000
Sold Price
$410,000
Premium/Discount to List
-$39,000
-8.69%
Current Estimated Value
$727,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,525
Avg. Annual Appreciation
9.67%
Original Mortgage
$285,000
Interest Rate
4.6%
Mortgage Type
New Conventional

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
9.18%

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

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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 Type Sale Price Title Company
Grant Deed $410,000 Chicago Title Company Ie
Grant Deed $150,500 Title 365
Grant Deed $235,000 Equity Title Company
Trustee Deed -- None Available
Grant Deed $370,000 Fidelity National Title Co
Grant Deed $127,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,900 New Conventional
Closed $285,000 New Conventional
Previous Owner $160,000 Adjustable Rate Mortgage/ARM
Previous Owner $296,000 Purchase Money Mortgage
Previous Owner $125,000 Credit Line Revolving
Closed $37,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
02/17/2012 02/17/12 For Sale $249,900 -- $203 / Sq Ft
Source: Palm Springs Regional 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 $863,482 $75,296 $788,186
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

    152 Total Sales

    Section Image
  • Eric McCollum

    Buyer's Agent in 2019

    Eric McCollum

    Sotheby's International Realty

    (323) 646-5476

    6 Total Sales

    Section Image

  • M

    Seller's Agent in 2012

    Michael Adams

    Bennion Deville Homes

    Section Image

  • N

    Buyer's Agent in 2012

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41448119

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 and is currently priced at $235,000, approximately $190 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.

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