NOT LISTED FOR SALE

2222 Shannon Way Palm Springs, CA 92262

Vista Norte Neighborhood

Estimated Value: $928,000 - $1,123,000

3 Beds
2 Baths
1,438 Sq Ft
$714/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $800,000 $556 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,308/month

16 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Modern Architecture

About This Home

As of November 2022

Presenting 2222 Shannon Way! This home has been a very active and lucrative Vacation Rental and is being sold TURN KEY & FULLY FURNISHED. This modern 3 bed and 2 bath pool home is located in the highly desirable Flora Vista neighborhood in Palm Springs. This well appointed and maintained home offers high ceilings, new flooring, updated kitchen, 2 comfy guest rooms, spacious master suite & bath, 2 car garage, and large fenced yard featuring an amazing pool with pebble tec finish and new pool heater. That's not all, home is outfitted with solar panels to help keep energy costs low. It can be your perfect opportunity for full-time living, investment as a short or long term rental, or vacation home! YOU OWN THE LAND!!!

Last Agent to Sell the Property

Jason Cochran

Desert Sotheby's International Realty License #01947240 Listed on: 09/12/2022

Desert Sotheby's International Realty

Last Buyer's Agent

Carolin Alaverdian

Balboa Real Estate, Inc. License #01929505

Balboa Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,416

Year Built

  • Built in 1999

Lot Details

  • 6,970

Home Design

  • Modern Architecture

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Heated Spa

Additional Features

  • Solar Power System
  • Open Patio
  • 6,970 Sq Ft Lot
  • Ground Level Unit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 501-181-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,416

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 4990
  • Living Area: 1438
  • Lot Acreage: 0.1600
  • Stories: 1
  • Year Built: 1999
  • Builders Tract Name: Flora Vista
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Garbage Disposal, Refrigerator, Solar Panels, Ceiling Fan, Microwave, Washer, Dishwasher, Dryer
  • Price Per S Q F T: 556.33

Exterior Features

  • Other Structures: None
  • Pool Description: Heated with Gas, Private
  • Pool: Yes
  • Spa: Heated with Gas, Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Attached, Driveway - Concrete

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 501-181-030
  • Lot Size Area: 6970

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Sep 29, 2022
Sold by
Sader Roc and Sader Nathalie Daou
Bought by
Zakaryan Karo
Seller's Agent
Jason Cochran
Desert Sotheby's International Realty
Buyer's Agent
Carolin Alaverdian
Balboa Real Estate, Inc.
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,026,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,046
Avg. Annual Appreciation
8.96%
Original Mortgage
$700,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 26, 2020
Sold by
Pedersen Brian and Estate Of Craig Pedersen
Bought by
Sader Roc and Sader Nathalie Daou
Seller's Agent
STEPHEN TRAVIS
KELLER WILLIAMS REALTY
Buyer's Agent
Jason Cochran
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.58%
Original Mortgage
$459,146
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2016
Sold by
Pedersen Craig and Pedersen Sandy
Bought by
Pedersen Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2015
Sold by
Pedersen Craig and Pedersen Sandy
Bought by
Pedersen Craig and Pedersen Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2010
Sold by
Kieu Jeffrey Q and Rohring Brett F
Bought by
Pederson Craig and Pedersen Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2009
Sold by
Dedes Victoria A and Forman Victoria Ashley
Bought by
Kieu Jeffrey Q and Rohring Brett F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Strasser Robert P
Bought by
Forman Victoria Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1999
Sold by
The Southland Group
Bought by
Strasser Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.84%
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
Zakaryan Karo $800,000 Lawyers Title
Sader Roc $475,000 Ticor Title Company
Pedersen Craig -- Fidelity National Title
Pedersen Craig -- Fidelity National Title Co
Pederson Craig $257,000 Orange Coast Title Company
Kieu Jeffrey Q $270,000 Equity Title Orange County-I
Forman Victoria Ashley $257,000 Fidelity National Title Co
Strasser Robert P $133,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakaryan Karo $700,000
Previous Owner Sader Roc $459,146
Previous Owner Pedersen Craig $195,000
Previous Owner Pedersen Craig $193,000
Previous Owner Pederson Craig $205,600
Previous Owner Kieu Jeffrey Q $202,500
Previous Owner Forman Victoria Ashley $197,000
Previous Owner Strasser Robert P $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $800,000 0.0% $556 / Sq Ft
09/28/2022 09/28/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $800,000 0.0% $556 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $800,000 +68.4% $556 / Sq Ft
09/10/2020 09/10/20 Sold $475,000 0.0% $330 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $475,000 -- $330 / 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 $10,416 $832,320 $70,227 $762,093
2023 $10,416 $800,000 $67,500 $732,500
2022 $6,750 $484,500 $68,850 $415,650
2021 $6,553 $475,000 $67,500 $407,500
2020 $4,486 $301,055 $75,259 $225,796
2019 $4,168 $295,153 $73,784 $221,369
2018 $4,097 $289,367 $72,338 $217,029
2017 $4,041 $283,694 $70,920 $212,774
2016 $3,933 $278,132 $69,530 $208,602
2015 $3,778 $273,956 $68,487 $205,469
2014 $3,727 $268,593 $67,147 $201,446
Source: Public Records

Agents Affiliated with this Home

  • Jason Cochran

    Seller's Agent in 2022

    Jason Cochran

    Pacific Sothebys

    (323) 243-6998

    5 in this area

    88 Total Sales

    Jason Cochran
    Section Image

  • C

    Buyer's Agent in 2022

    Carolin Alaverdian

    Balboa Real Estate, Inc.

    Section Image
  • STEPHEN TRAVIS

    Seller's Agent in 2020

    STEPHEN TRAVIS

    KELLER WILLIAMS REALTY

    (909) 747-7950

    20 Total Sales

    STEPHEN TRAVIS
    Section Image
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Map

Source: The MLS

MLS Number: 22-198701

The MLS

APN: 501-181-030

California Riverside County Palm Springs 92262 Vista Norte

2222 Shannon Way, Palm Springs, CA

This home is located at 2222 Shannon Way, Palm Springs, CA 92262 since 12 September 2022 and is currently estimated at $1,026,046, approximately $713 per square foot. This property was built in 1999. 2222 Shannon 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.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
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