NOT LISTED FOR SALE

1870 S Cresta Dr Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $855,000 - $1,096,000

0.86 Acre
$1,127,317 Price per Acre
37,462 Sq Ft Lot

Last Sold February 09, 2021

Last sale price $250,000

Est. 278% increase in value since last sale

Current estimated payment $5,543/month

516 Days on Market

Highlights

  • Panoramic View
  • 0.86 Acre Lot
  • Cul-De-Sac
  • Palm Springs High School Rated A-

About This Lot

As of February 2021

This property has SUCH UNREALIZED OPPORTUNITY! The views don't stop!Clearly the least expensive BUILDABLE LOT IN THE MESA!Grab it now, you'll be sorry when you see a multi million dollar home on the lot, that you hesitated on...Be a part of Palm Springs History! This 3/4+ acre (.86), is a once in a lifetime opportunity to buy a piece of desert paradise! Rugged terrain and spectacular 360-degree vistas set this property apart from any you will find in the area! Once you build, you'll have one of the most scenic views from any room in the house. There is a huge potential to create instant equity with the right project. Once you build your home here in The Mesa, you'll be apart of an eclectic history filled with celebrities, writers and artists. Tucked away at the base of the San Jacinto Mountains, this beautiful secluded hillside location provides easy access to downtown Palm Springs and the other desert cities. The Mesa neighborhood has been home to notable celebrities, writers, composers. This is the best priced lot in The Mesa. These views ARE spectacular!!

Last Agent to Sell the Property

Clifford Black

HomeSmart License #01966667 Listed on: 09/07/2019

HomeSmart

Last Buyer's Agent

Jo Dawn Flanagan

Keller Williams Realty License #01953192

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,483

Lot Details

  • 0.86 Acre Lot
  • Cul-De-Sac
  • Irregular Lot

Property Views

  • Panoramic
  • City Lights
  • Desert
  • Hills

Utilities

  • Septic Tank

Community Details

  • The Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 513363036

Property Details

Property Type

Land

Est. Annual Taxes

$4,483

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Mesa
  • Lp Sp Ratio: 0.9100
  • View Type: City, Hills, Panoramic, Desert, City Lights
  • Internal Listing I D: 20200915222504927105000000
  • Listing I D: 219049648
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: The Mesa
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: Phone Connected
  • Sewer: Septic Tank

Lot Info

  • Present Use: Residential
  • Assessor Parcel Number: 513363036
  • Lot Acres: 0.8600
  • Lot Location: Cul-De-Sac
  • Lot Size: 37462.00
  • Lot Features: Irregular Lot
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2012
Sold by
Pons Bruce E and Pons Mary D
Bought by
Pons Bruce E and Pons Mary D
Current Estimated Value
$944,267

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bank Of America National Association
Bought by
Pons Bruce E and Pons Mary D

Purchase Details

Closed on
Jun 2, 2009
Sold by
Bailey Kevin J
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 1, 2005
Sold by
The Great West Life Assurance Co
Bought by
Johnson Kimball C and Coons Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
5.41%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 11, 2005
Sold by
Johnson Kimball C and Coons Robert L
Bought by
Bailey Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
5.41%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

Collateral Analytics

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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
Pons Bruce E -- None Available
Pons Bruce E $280,000 Lawyers Title Company
Bank Of America National Association $365,500 Servicelink
Johnson Kimball C $29,318 First American Title Company
Bailey Kevin J $589,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce And Mary Pons Trust $700,000
Closed Pons Bruce E $250,000
Previous Owner Bailey Kevin J $471,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $250,000 -9.1% --
02/04/2021 02/04/21 Pending -- -- --
09/07/2019 09/07/19 For Sale $275,000 -- --
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 $4,483 $361,408 $90,346 $271,062
2023 $4,483 $347,377 $86,839 $260,538
2022 $4,567 $340,567 $85,137 $255,430
2021 $4,476 $333,890 $83,468 $250,422
2020 $4,280 $330,468 $82,613 $247,855
2019 $4,207 $323,990 $80,994 $242,996
2018 $4,129 $317,638 $79,407 $238,231
2017 $4,068 $311,410 $77,850 $233,560
2016 $3,951 $305,305 $76,324 $228,981
2015 $3,787 $300,722 $75,179 $225,543
2014 $3,733 $294,833 $73,707 $221,126
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Clifford Black

    HomeSmart

    (760) 844-7500

    1 in this area

    14 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jo Dawn Flanagan

    Keller Williams Realty

    (760) 902-8298

    1 in this area

    87 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049648

California Desert Association of REALTORS®

APN: 511-510-026

California Riverside County Palm Springs 92264 Twin Palms

1870 S Cresta Dr, Palm Springs, CA

This home is located at 1870 S Cresta Dr, Palm Springs, CA 92264 since 07 September 2019 and is currently estimated at $969,493. 1870 S Cresta Dr is a home located in Riverside County with nearby schools including Cahuilla 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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