NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $1,629,529

3 Beds
3 Baths
2,881 Sq Ft
$447/Sq Ft Est. Value

About This Home

This home is located at 242 N Michelle Rd, Palm Springs, CA 92262 and is currently estimated at $1,288,882, approximately $447 per square foot. 242 N Michelle Rd is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Fossum Larry N
Bought by
Milano Gregg
Current Estimated Value
$1,288,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Outstanding Balance
$541,673
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$747,209

Purchase Details

Closed on
Nov 5, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Fossum Larry N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2007
Sold by
Vasquez Mario Antonio
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2005
Sold by
Villaeck Lorenzo
Bought by
Vasquez Mario Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Lorino Shyrl L
Bought by
Villaeck Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Lorino Shyrl L
Bought by
Lorino Shyrl L and Shyrl L Lorino Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Miller David R
Bought by
Lorino Shryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2002
Sold by
Franciscus C D
Bought by
Miller David R

Purchase Details

Closed on
May 18, 2001
Sold by
Black Armour E
Bought by
Franciscus C D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,901
Interest Rate
7.14%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Black Suzanne S
Bought by
Black Armour E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.09%

Purchase Details

Closed on
Feb 24, 1999
Sold by
Laurye Robert A
Bought by
Cullison Robert Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,502
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 1995
Sold by
Laurye Robert A and Laurye Hanna E
Bought by
Laurye Robert A
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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
Milano Gregg $870,000 Orange Coast Title Company
Fossum Larry N $350,000 Chicago Title Company
Deutsche Bank National Trust Co $407,000 Accommodation
Vasquez Mario Antonio $660,000 Fidelity Natl Title Ins Co
Villaeck Lorenzo $470,000 California Title
Lorino Shyrl L -- --
Lorino Shryl $230,000 California Title
Miller David R -- --
Franciscus C D $199,000 First American Title Co
Black Armour E -- Commonwealth Land Title Co
Black Armour E $170,000 Commonwealth Land Title Co
Cullison Robert Eric $115,000 Orange Coast Title
Laurye Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milano Gregg $609,000
Previous Owner Fossum Larry N $279,920
Previous Owner Vasquez Mario Antonio $528,000
Previous Owner Villaeck Lorenzo $376,000
Previous Owner Lorino Shryl $184,000
Previous Owner Franciscus C D $178,901
Previous Owner Black Armour E $170,000
Previous Owner Cullison Robert Eric $113,502
Closed Lorino Shryl $23,000
Closed Villaeck Lorenzo $94,000
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 $11,493 $941,714 $97,418 $844,296
2023 $11,493 $905,148 $93,636 $811,512
2022 $11,726 $887,400 $91,800 $795,600
2021 $11,488 $870,000 $90,000 $780,000
2020 $6,850 $536,705 $192,159 $344,546
2019 $6,731 $526,183 $188,392 $337,791
2018 $6,900 $515,867 $184,699 $331,168
2017 $6,788 $505,753 $181,078 $324,675
2016 $6,590 $495,837 $177,528 $318,309
2015 $6,332 $488,391 $174,862 $313,529
2014 $6,452 $478,827 $171,438 $307,389
Source: Public Records

Map

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