NOT LISTED FOR SALE

1577 S Indian Trail Unit 7 Palm Springs, CA 92264

Tahquitz River Estates Neighborhood
7 Beds
7 Baths
3,400 Sq Ft
10,454 Sq Ft Lot

Last Sold October 11, 2017

Last sale price $1,000,000 $294 Per Sq Ft

39 Days on Market

About This Home

As of October 2017

Villa Rosa Inn, an intimate hacienda style inn, is tucked away on quiet residential Indian Trail in desirable south Palm Springs . Serene and secluded grounds with unparalleled mountain views provide an idyllic setting. Villa Rosa's Seven distinctive Guest Rooms, Studios.Jr Suites and One Bedroom Villa Suites are all poolside and most with private patios.

Last Agent to Sell the Property

David Cantwell

Bennion Deville Homes License #00996314 Listed on: 06/29/2017

Bennion Deville Homes

Last Buyer's Agent

Carol Corcoran

Desert Lifestyle Properties License #01486110

Desert Lifestyle Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,528

Year Built

1948

Lot Details

0

Listing Details

  • Active Date: 2017-10-02
  • Auto Sell: No
  • Building Size: 3400.0
  • Credit Report Required: No
  • Current Geological: No
  • Driving Directions: Between East Palm Canyon and Sonora
  • Elevators: No
  • Full Street Address: 1577 S INDIAN TRL
  • Land Included: No
  • Land Lease Purchase: No
  • Manager Approval: No
  • Mobile Home To Remain: No
  • Month To Month: No
  • Primary Object Modification Timestamp: 2017-10-11
  • Public Street: No
  • Staked: No
  • Street Lights: No
  • Total Number of Units: 7
  • Water Filled Furn Ins Required: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1948

Interior Features

  • ADA Accessible: No
  • Additions Alterations: No
  • Advertising Remarks: Villa Rosa Inn, an intimate hacienda style inn, is tucked away on quiet residential Indian Trail in desirable south Palm Springs . Serene and secluded grounds with unparalleled mountain views provide an idyllic setting. Villa Rosa's Seven distinctive Gues
  • Alley: No
  • Assessed Improvement Value: 345582.00
  • Assessed Land Value: 106913.00
  • Total Bedrooms: 7
  • Builders Tract Code: 7000
  • Builders Tract Name: TAHQUITZ RIVER ESTAT
  • Building Permit: No
  • Fireplace: No
  • Number Of Buildings: 1
  • Paved: No
  • Spa: No
  • Water Heaters: No
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 10500

Garage/Parking

  • Parking Spaces Total: 7
  • Parking Type: Parking for Guests - Onsite

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Combination
  • Water Well: No

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 15, 2017
Sold by
Gustafson Gail E and Gustafson Jay A
Bought by
Villa Palm Springs Owner Llc
Seller's Agent
David Cantwell
Bennion Deville Homes
Buyer's Agent
Carol Corcoran
Desert Lifestyle Properties
List Price
$1,070,000
Sold Price
$1,000,000
Premium/Discount to List
-$70,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 29, 2017
Closed on
Sep 5, 2017
Sold by
Gustafson Jay A and Gustafson Gail E
Bought by
Gustafson Gail E and Gustafson Jay A
Seller's Agent
David Cantwell
Bennion Deville Homes
Buyer's Agent
Carol Corcoran
Desert Lifestyle Properties
List Price
$1,070,000
Sold Price
$1,000,000
Premium/Discount to List
-$70,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2007
Sold by
Raymond Jeannine M
Bought by
Raymond Jeannine M and Gustafson Jay A

Purchase Details

Closed on
Feb 27, 2001
Sold by
Price Ivan and Price Barbara
Bought by
Raymond Jeannine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,700
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1997
Sold by
Glenn Hill Stephen
Bought by
Price Ivan and Price Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%
Mortgage Type
Commercial
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
Villa Palm Springs Owner Llc $1,000,000 Lawyers Title Company
Gustafson Gail E -- Lawyers Title
Raymond Jeannine M -- None Available
Raymond Jeannine M $366,000 Old Republic Title
Price Ivan $300,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Palm Springs Owner Llc $7,250,000
Closed Villa Palm Springs Owner Llc $6,750,000
Previous Owner Gustafson Gail E $400,000
Previous Owner The Jeannine M Raymond Revocable Trust $150,000
Previous Owner Raymond Jeannine M $172,700
Previous Owner Price Ivan $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $1,000,000 -6.5% $294 / Sq Ft
10/02/2017 10/02/17 For Sale $1,070,000 0.0% $315 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $1,070,000 -- $315 / 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 $15,528 $1,991,192 $284,454 $1,706,738
2023 $15,528 $1,093,642 $273,409 $820,233
2022 $15,809 $1,072,199 $268,049 $804,150
2021 $15,521 $1,051,177 $262,794 $788,383
2020 $14,894 $1,040,400 $260,100 $780,300
2019 $14,665 $1,020,000 $255,000 $765,000
2018 $14,421 $1,000,000 $250,000 $750,000
2017 $8,112 $461,544 $109,051 $352,493
2016 $7,876 $452,495 $106,913 $345,582
2015 $7,167 $445,700 $105,308 $340,392
2014 $6,931 $436,972 $103,247 $333,725
Source: Public Records

Agents Affiliated with this Home

  • David Cantwell

    Seller's Agent in 2017

    David Cantwell

    Bennion Deville Homes

    (760) 774-5450

    Section Image

  • C

    Buyer's Agent in 2017

    Carol Corcoran

    Desert Lifestyle Properties

    Section Image
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Map

Source: The MLS

MLS Number: 17-246132PS

The MLS

APN: 508-363-007

California Riverside County Palm Springs 92264 Tahquitz River Estates

1577 S Indian Trail Unit 7, Palm Springs, CA

This home is located at 1577 S Indian Trail Unit 7, Palm Springs, CA 92264 since 29 June 2017. This property was built in 1948. 1577 S Indian Trail Unit 7 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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