NOT LISTED FOR SALE

1950 E El Oro Way Palm Springs, CA 92262

Sunrise Park Neighborhood

Estimated Value: $951,000 - $1,207,000

3 Beds
2 Baths
1,461 Sq Ft
$727/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $745,000 $510 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,466/month

11 Days on Market

About This Home

As of October 2018

Discover this secluded, luxurious and fully renovated Meiselman Mid-Century Modern home hidden away in Sunrise Park. An expansive front yard greets you as you enter this quintessential Palm Springs property. The spacious great room creates the focal point for desert living with an open and bright floor plan featuring a remodeled kitchen with quartz waterfall countertops, porcelain flooring, and a series of sliding glass doors that flood the space with natural light, revealing the stunning pool area. Both baths (showers, no tubs) have been completely updated with sophisticated modern finishes. The very private back yard with sparkling pool, fire pit, outdoor dining space and large patio is fully walled and surrounded by lush greenery and uninterrupted mountain views. Owners have paid to bury electrical lines on this over-sized lot. Upgraded pool equipment, plumbing, electrical and HVAC systems upgrades! A stunner!

Last Agent to Sell the Property

Brian Wilson

Bennion Deville Homes License #01281703 Listed on: 09/08/2018

Bennion Deville Homes

Last Buyer's Agent

Edward Marshall

Bennion Deville Home Referrals License #01810781

Bennion Deville Home Referrals

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,174

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Cross Street: AMADO AND CERRITOS
  • Entry Location: Ground Level - no steps
  • Disability Access: No Interior Steps
  • Active Date: 2018-09-08
  • Full Bathroom: 2
  • Building Size: 1461.0
  • Building Structure Style: Mid Century
  • Driving Directions: Take Amado east, Right on N Cerritos, Right on NW Cerritos, Left on E. El Oro, home is on the left.
  • Full Street Address: 1950 E EL ORO WAY
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2018-10-19
  • Property Condition: Updated/Remodeled
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Bathroom Features: Remodeled, Shower Stall, Tile
  • Eating Areas: Dining Area
  • Appliances: Range
  • Advertising Remarks: Discover this secluded, luxurious and fully renovated Meiselman Mid-Century Modern home hidden away in Sunrise Park. An expansive front yard greets you as you enter this quintessential Palm Springs property. The spacious great room creates the focal poin
  • Total Bedrooms: 3
  • Builders Tract Code: 5830
  • Builders Tract Name: SUNRISE PARK
  • Fireplace: Yes
  • Levels: One Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace Fuel: Gas
  • Floor Material: Carpet
  • Kitchen Features: Island, Remodeled
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 12197
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Covered Porch, Concrete Slab, Porch - Rear
  • Water: District/Public

Garage/Parking

  • Other Spaces: 2
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Driveway - Concrete
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door, Garage Is Attached

Utilities

  • Sprinklers: Sprinkler System
  • Cooling Type: Dual, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Drake Jon and Jon Drake Family Trust
Bought by
Drake Jon and The Jon Drake Family Trust
Current Estimated Value
$1,062,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Outstanding Balance
$462,682
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$600,010

Purchase Details

Listed on
Sep 8, 2018
Closed on
Sep 19, 2018
Sold by
Harke Brian R and Winks Matthew K
Bought by
Drake Jon
Seller's Agent
Brian Wilson
Bennion Deville Homes
Buyer's Agent
Edward Marshall
Bennion Deville Home Referrals
List Price
$774,000
Sold Price
$745,000
Premium/Discount to List
-$29,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$521,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2013
Closed on
Oct 16, 2013
Sold by
Clemens Lynn B
Bought by
Harke Brian R and Winks Matthew K
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Mark Dubas
Coldwell Banker Realty
List Price
$439,000
Sold Price
$430,000
Premium/Discount to List
-$9,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$387,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2008
Sold by
Fredrickson Gary W
Bought by
Clemens Lynn B

Purchase Details

Closed on
Jan 17, 2007
Sold by
Hugo Dorothy Jean
Bought by
Clemens Lynn B and Fredrickson Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.39%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 12, 1994
Sold by
Hugo Donald G and Hugo Dorothy J
Bought by
Hugo Donald Guy and Hugo Dorothy Jean
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
Drake Jon -- Chicago Title Company
Drake Jon $745,000 Orange Coast Title Company
Harke Brian R $430,000 Equity Title Orange County-I
Clemens Lynn B -- North American Title
Clemens Lynn B $450,000 North American Title 935-01
Hugo Donald Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Jon $518,500
Closed Drake Jon $521,500
Previous Owner Harke Brian R $387,000
Previous Owner Clemens Lynn B $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2018 10/18/18 Sold $745,000 -3.7% $510 / Sq Ft
09/08/2018 09/08/18 For Sale $774,000 +80.0% $530 / Sq Ft
10/17/2013 10/17/13 Sold $430,000 -2.1% $294 / Sq Ft View Prior Sale
08/11/2013 08/11/13 For Sale $439,000 -- $300 / 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 $10,174 $831,055 $184,057 $646,998
2023 $10,174 $798,786 $176,911 $621,875
2022 $10,380 $783,125 $173,443 $609,682
2021 $10,169 $767,771 $170,043 $597,728
2020 $9,711 $759,900 $168,300 $591,600
2019 $9,543 $745,000 $165,000 $580,000
2018 $6,036 $463,264 $138,979 $324,285
2017 $5,948 $454,181 $136,254 $317,927
2016 $5,776 $445,277 $133,583 $311,694
2015 $5,544 $438,590 $131,577 $307,013
2014 $5,477 $430,000 $129,000 $301,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Wilson

    Seller's Agent in 2018

    Brian Wilson

    Bennion Deville Homes

    (949) 500-6109

    27 Total Sales

    Brian Wilson
    Section Image

  • E

    Buyer's Agent in 2018

    Edward Marshall

    Bennion Deville Home Referrals

    Section Image
  • Richard Chamberlin

    Seller's Agent in 2013

    Richard Chamberlin

    Compass

    (760) 832-5398

    2 in this area

    155 Total Sales

    Richard Chamberlin
    Section Image

  • M

    Buyer's Agent in 2013

    Mark Dubas

    Coldwell Banker Realty

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-383682PS

APN: 502-072-005

California Riverside County Palm Springs 92262 Sunrise Park

1950 E El Oro Way, Palm Springs, CA

This home is located at 1950 E El Oro Way, Palm Springs, CA 92262 since 08 September 2018 and is currently estimated at $1,062,692, approximately $727 per square foot. This property was built in 1953. 1950 E El Oro Way is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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