NOT LISTED FOR SALE

Estimated Value: $1,425,000 - $1,560,000

2.5 Acres
$597,000 Price per Acre
108,900 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $1,250,000

Est. 19% increase in value since last sale

Current estimated payment $9,026/month

123 Days on Market

Highlights

  • 2.5 Acre Lot
  • Palm Springs High School Rated A-
  • Mountain View

About This Lot

As of April 2021

It's not often that an opportunity like this comes along; to purchase one of the best pieces of land in Palm Springs. This is an amazing site located in South Palm Springs with the privacy, prestige, and commanding views that any discerning buyer would want. Well over half a million dollars spent on infrastructure to create this site. Thirteen years ago Palm Springs Architect Hugh Kaptur designed a home for this site and is willing to work with the buyer should they choose to complete his vision. The building pad is over 30,000 square feet, the driveway is 7800 feet, and the mountain behind the pad is two acres. The property is gated, so an appointment is necessary though you can drive by and easily see the location. Size of parcels should be verified with the City of Palm Springs. Seller May Carry back paper.

Last Agent to Sell the Property

Marc Sanders

Compass License #01888083 Listed on: 07/22/2020

Compass

Last Buyer's Agent

Jeff Blacker

Compass License #01711459

Compass

Property Details

Property Type

  • Land

Lot Details

  • 2.5 Acre Lot
  • Property is zoned M1

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 510-340-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 2.5000
  • Builders Tract Name: Andreas Hills
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 510-340-001
  • Lot Size Area: 108900

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Simmons Jacklyn
Bought by
Simmons Scott J
Current Estimated Value
$1,492,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 5, 2020
Sold by
Simmons Scott J and Simmons Jacqueline M
Bought by
Meisler Paul S and Traxler Vernon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 2013
Sold by
Simmons Scott J
Bought by
Simmons Scott J and Simmons Jacqueline M

Purchase Details

Closed on
Oct 24, 2011
Sold by
Simmons Jacqueline M
Bought by
Simmons Scott J

Purchase Details

Closed on
Mar 10, 2009
Sold by
Simmons Jacqueline M
Bought by
Simmons Jacqueline M and Simmons Scott J

Purchase Details

Closed on
Nov 6, 2001
Sold by
Rjb
Bought by
Simmons Jacqueline M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simmons Scott J -- Orange Coast Title Company
Meisler Paul S $1,250,000 Orange Coast Title Company
Simmons Scott J -- None Available
Simmons Scott J -- None Available
Simmons Jacqueline M -- Accommodation
Simmons Jacqueline M $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meisler Paul S $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $1,250,000 -10.4% --
11/22/2020 11/22/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $1,395,000 -- --
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 $14,196 $1,190,674 $1,190,674 --
2023 $14,196 $1,144,440 $1,144,440 $0
2022 $16,467 $1,275,000 $1,275,000 $0
2021 $1,287 $99,617 $99,617 $0
2020 $1,227 $98,596 $98,596 $0
2019 $1,205 $96,663 $96,663 $0
2018 $1,182 $94,768 $94,768 $0
2017 $1,164 $92,910 $92,910 $0
2016 $1,129 $91,089 $91,089 $0
2015 $1,087 $89,722 $89,722 $0
2014 $1,078 $87,965 $87,965 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-608032

The MLS

APN: 510-340-001