$772,565 - $849,000
RENTED APR 7, 2025

1661 Olga Way Palm Springs, CA 92262

Vista Norte Neighborhood
4 Beds
2 Baths
1,597 Sq Ft
$508 Price per Sq Ft

Last Sold November 30, 2016

Last sale price $449,000 $281 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,029/month

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Den

About This Home

As of April 2025

Welcome to your desert oasis in Palm Springs! Nestled in the desirable Vista Norte neighborhood, this luxurious 4 bed, 2 bath retreat combines elegance and comfort across a spacious layout. Positioned on a private 10,019-square-foot corner lot with views of the San Jacinto mountains from the primary bedroom, kitchen, living room and backyard, this home features a sparkling pool, ideal for cooling off on warm desert days or hosting sun-soaked gatherings. Freshly painted inside and out, this home boasts vaulted ceilings, refined tile flooring, fully updated kitchen with central island, and newer stainless steel appliances. The primary suite offers a walk-in closet and spa-like bathroom with dual vanities, while plantation shutters add a touch of sophistication and privacy throughout. With a new AC system, water heater, replaced sewer lines, outdoor garden lighting, and fully owned solar panels, this property ensures year-round comfort and energy efficiency. The EV-option 2-car garage also provides a green living option, and the fully private backyard with an in-ground pool invites you to experience seamless indoor-outdoor living. Set on fee land with no HOA fees, this home offers an exceptional investment opportunity with the ability to gain rental permits, perfect for embracing the ultimate Palm Springs lifestyle. Schedule your private showing today and make this breathtaking retreat yours.

Last Agent to Rent the Property

Stephen Hansen Brown

Compass License #02084261 Listed on: 02/11/2025

Compass

Co-Listed By

Thomas Davila

Compass License #01725619

Last Renter's Agent

Stephen Hansen Brown

Compass License #02084261 Listed on: 02/11/2025

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Plantation Shutters
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Tile Flooring
  • Mountain Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Double Vanity

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,900
  • Rent includes pool, gardener, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 501-181-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,706

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 50.00
  • Credit Report Required: Yes
  • Land Lease Type: Fee
  • Lease Option: 1
  • Rent Includes: Pool, Gardener, Trash Collection, Water
  • Security Deposit: 3900

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 4990
  • Lease Terms: 1+Year
  • Living Area: 1597
  • Lot Acreage: 0.2300
  • Stories: 1
  • Year Built: 1997
  • Builders Tract Name: Flora Vista
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Appliances: Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Granite
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 2.44
  • Windows: Plantation Shutters

Exterior Features

  • Other Features: Sprinkler System
  • Fence: Block
  • Patio: Awning, Covered
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Covered Parking, Direct Entrance, Door Opener, Driveway, Garage - 2 Car, Garage Is Attached, Parking for Guests, Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central, Fireplace
  • Sewer: In Connected and Paid

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Sprinklers: Sprinkler Timer, Sprinkler System
  • Assessor Parcel Number: 501-181-015
  • Lot Size Area: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Palmentiero Clifford
Bought by
Palmentiero Clifford L and Silvar Jaime
Current Estimated Value
$809,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$301,150
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$536,494

Purchase Details

Closed on
Jul 25, 2016
Sold by
Kna Corporation
Bought by
Palmentiero Clifford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Rishe Inc
Bought by
Kna Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
Obeid Talal A
Bought by
Rishe Inc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Obeid Talal
Bought by
Obeid Talal and Talal Obeid Living Trust

Purchase Details

Closed on
May 19, 2005
Sold by
Spoon James R and Psoinos Michael G
Bought by
Obeid Talal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Mcgillicuddy Daniel J
Bought by
Spoon James R and Psoinos Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hobber Mitchell J
Bought by
Mcgilliguddy Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2000
Sold by
Bird B J and Bird Vicki
Bought by
Hobler Mitchell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
8.22%

Purchase Details

Closed on
Feb 26, 1999
Sold by
The Southland Group
Bought by
Bird B J B and Bird Vicki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.5%
Source: Public Records

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
Palmentiero Clifford L -- Fidelity National Title
Palmentiero Clifford $449,000 Lawyers Title
Kna Corporation -- Accommodation
Rishe Inc $306,000 Lawyers Title
Obeid Talal -- None Available
Obeid Talal A $497,500 Chicago Title Company
Spoon James R $457,500 Multiple
Mcgilliguddy Daniel J $320,000 Fidelity National Title Ins
Hobler Mitchell J $178,500 United Title Company
Bird B J B $151,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmentiero Clifford L $330,000
Previous Owner Palmentiero Clifford $225,000
Previous Owner Obeid Talal $50,000
Previous Owner Obeid Talal $77,000
Previous Owner Obeid Talal A $323,000
Previous Owner Spoon James R $366,000
Previous Owner Mcgilliguddy Daniel J $240,000
Previous Owner Hobler Mitchell J $196,000
Previous Owner Hobler Mitchell J $188,000
Previous Owner Hobler Mitchell J $47,000
Previous Owner Hobler Mitchell J $142,800
Previous Owner Bird B J B $99,000
Closed Hobler Mitchell J $35,700
Closed Spoon James R $68,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Rented $3,900 0.0% --
02/27/2025 02/27/25 Price Changed $3,900 +2.6% $2 / Sq Ft
02/27/2025 02/27/25 Price Changed $3,800 -11.6% $2 / Sq Ft
02/11/2025 02/11/25 For Rent $4,300 +13.2% --
07/15/2018 07/15/18 Rented $3,800 0.0% --
06/26/2018 06/26/18 For Rent $3,800 0.0% --
11/30/2016 11/30/16 Sold $449,000 0.0% $281 / Sq Ft
09/30/2016 09/30/16 For Sale $449,000 0.0% $281 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $449,000 0.0% $281 / Sq Ft
08/10/2012 08/10/12 Rented $2,000 -19.7% --
08/10/2012 08/10/12 Under Contract -- -- --
07/20/2011 07/20/11 For Rent $2,490 -- --
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 $6,706 $911,924 $130,272 $781,652
2023 $6,706 $500,864 $125,214 $375,650
2022 $6,835 $491,044 $122,759 $368,285
2021 $6,636 $481,416 $120,353 $361,063
2020 $6,415 $476,480 $119,119 $357,361
2019 $6,310 $467,138 $116,784 $350,354
2018 $6,197 $457,980 $114,495 $343,485
2017 $6,110 $449,000 $112,250 $336,750
2016 $5,219 $382,000 $95,000 $287,000
2015 $5,013 $376,000 $94,000 $282,000
2014 $4,185 $306,000 $76,000 $230,000
Source: Public Records

Agents Affiliated with this Home

  • Stephen Hansen Brown

    Landlord's Agent in 2025

    Stephen Hansen Brown

    Compass

    (310) 433-3860

    12 Total Sales

    Section Image
  • Thomas Davila

    Landlord's Co-Listing Agent in 2025

    Thomas Davila

    Compass

    (323) 327-8292

    1 in this area

    99 Total Sales

    Section Image
  • J Conrad Miller

    Seller's Agent in 2018

    J Conrad Miller

    Berkshire Hathaway Home Services California Properties

    (760) 464-9559

    5 in this area

    46 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Brandon Holland

    AC Eagle Corporation

    Section Image

  • M

    Buyer's Agent in 2018

    Marco Galvez

    Pacific Sothebys

    Section Image

  • N

    Seller's Agent in 2016

    Nabil Abouriche

    Nabil Abouriche Realty

See All Agents

Map

Source: The MLS

MLS Number: 25497039

The MLS

APN: 501-181-015

California Riverside County Palm Springs 92262 Vista Norte

1661 Olga Way, Palm Springs, CA

This home is located at 1661 Olga Way, Palm Springs, CA 92262 since 11 February 2025 and is currently priced at $811,641. This property was built in 1997. 1661 Olga 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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