NOT LISTED FOR SALE

247 W Stevens Rd Unit 12 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $482,747 - $557,000

1 Bed
1 Bath
755 Sq Ft
$495/mo HOA Fee

Last Sold August 26, 2022

Last sale price $515,000 $682 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,971/month

35 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Marble Countertops
  • Palm Springs High School Rated A-
  • Vaulted Ceiling
  • Spanish Architecture

About This Home

As of August 2022

A rare opportunity to purchase one of the only 6 Spanish bungalows built in 1935 in La Siesta Villas in the exclusive neighborhood of Old Las Palmas. This much in demand complex features only 19 units, with the other 13 units constructed in 1960. Over the course of the Sellers 25 years of ownership, significant improvements were made with HOA approval. Such alterations include an expanded South patio area to a square footage of 1050 (30 X 35, per Seller), which creates enough space for a private spa; the perfect vantage point to enjoy the fabulous mountain views! Also, the Sellers expanded the living room by incorporating the patio overhang and in turn adding an additional 172 sf of living space (per Seller; Buyer to verify.) A perfect pied-a-terre, this unit is ready to be completely re-imagined and restored to its idyllic charm that only a space such as this can offer. Although the address is on Stevens Road, the unit is located on the south side of the project with entrance on Camino Norte. Plumbed in closet for washer and dryer, however, there is also a community laundry onsite. The carport and parking are conveniently located directly next to the unit.

Last Agent to Sell the Property

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409 Listed on: 06/24/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Mugge & Man Associates

Bennion Deville Homes

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,556

Year Built

  • Built in 1935

Lot Details

  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • "S" Clay Tile Roof
  • Stucco Exterior

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • 1 Fireplace
  • French Doors
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Car Parking Spaces
  • 1 Detached Carport Space

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Concrete Porch or Patio
  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 505185021

Community Details

Overview

  • Association fees include insurance, water, trash
  • 19 Units
  • Old Las Palmas Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,556

Year Built

Built in 1935

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above, One
  • Building Style: Spanish
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 793.38
  • Lp Sp Ratio: 0.8600
  • Unit Total In Complex: 19
  • View Type: Mountain(s)
  • Year Built: 1935
  • Co Selling Member Address: 201 N Palm Canyon Drive Ste120, Palm Springs, CA 92262
  • Co Selling Office Address: 201 N Palm Canyon Drive Ste120, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 327-3991
  • Listing I D: 219080948
  • Listing Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Member Fax: (760) 322-5083
  • Listing Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-5083
  • Selling Member Address: 850 N Palm Canyon Drive, Main, Palm Springs, CA 92262
  • Selling Member Fax: (760) 327-3991
  • Selling Office Address: 201 N Palm Canyon Drive Ste120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator, Disposal
  • Appliances Other: Plumbed for Washer & Dryer
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s)
  • Flooring: Spanish Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Marble Counters
  • Laundry: Community
  • Estimated Sq Ft: 755.00

Exterior Features

  • Construction: Stucco
  • Roofing: Clay Tile
  • Fencing: Block
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Detached Carport
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Insurance, Water, Trash
  • Association Amenities: Maintenance Grounds, Management
  • HOA Information: Yes
  • HOA Fee 1: 495.00
  • Total Monthly Association Fees: 495.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505185021
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 25, 2022
Sold by
Valdez Passey Louise
Bought by
Bowers Jake Christopher
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mugge & Man Associates
Bennion Deville Homes
List Price
$599,000
Sold Price
$515,000
Premium/Discount to List
-$84,000
-14.02%
Total Days on Market
35
Current Estimated Value
$521,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,937
Avg. Annual Appreciation
0.48%
Original Mortgage
$489,250
Outstanding Balance
$470,252
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$51,685

Purchase Details

Closed on
Dec 18, 2003
Sold by
Passey Gordon W
Bought by
Passey Louise Valdez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2003
Sold by
Passey Louise Valdez
Bought by
Passey Gordon W and Passey Louise Valdez

Purchase Details

Closed on
Jul 28, 1997
Sold by
Passey Gordon W
Bought by
Passey Louise Valdez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.57%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Fairchild Joey and Fairchild Paula
Bought by
Passey Louise Valdez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.57%
Source: Public Records

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Range of Values:

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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
Bowers Jake Christopher $515,000 First American Title
Passey Louise Valdez -- Chicago Title Co
Passey Gordon W -- --
Passey Louise Valdez -- First American Title Ins Co
Passey Louise Valdez $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowers Jake Christopher $489,250
Previous Owner Passey Louise Valdez $200,000
Previous Owner Passey Louise Valdez $75,000
Previous Owner Passey Louise Valdez $130,000
Previous Owner Passey Louise Valdez $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $515,000 -14.0% $682 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $599,000 -- $793 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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
2023 $6,556 $515,000 $290,000 $225,000
2022 $1,620 $112,819 $27,067 $85,752
2021 $1,589 $110,608 $26,537 $84,071
2020 $1,527 $109,474 $26,265 $83,209
2019 $1,502 $107,328 $25,750 $81,578
2018 $1,477 $105,225 $25,246 $79,979
2017 $1,457 $103,162 $24,751 $78,411
2016 $1,419 $101,140 $24,266 $76,874
2015 $1,350 $99,622 $23,902 $75,720
2014 $1,316 $97,673 $23,435 $74,238
Source: Public Records

Agents Affiliated with this Home

  • Louise Hampton

    Seller's Agent in 2022

    Louise Hampton

    Berkshire Hathaway HomeServices California Properties

    (760) 320-4586

    24 in this area

    129 Total Sales

    Louise Hampton
    Section Image

  • M

    Buyer's Agent in 2022

    Mugge & Man Associates

    Bennion Deville Homes

    (760) 422-3085

    1 in this area

    13 Total Sales

    Mugge & Man Associates
    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Joel Mugge

    Bennion Deville Homes

    (612) 728-2263

    1 in this area

    14 Total Sales

    Joel Mugge
    Section Image
See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219080948

Greater Palm Springs Multiple Listing Service

APN: 505-185-021

California Riverside County Palm Springs 92262 Old Las Palmas

247 W Stevens Rd Unit 12, Palm Springs, CA

This home is located at 247 W Stevens Rd Unit 12, Palm Springs, CA 92262 since 24 June 2022 and is currently estimated at $521,937, approximately $691 per square foot. This property was built in 1935. 247 W Stevens Rd Unit 12 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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