NOT LISTED FOR SALE

247 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,043,000 - $2,830,578

4 Beds
4 Baths
2,562 Sq Ft
$978/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $949,000 $370 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $14,882/month

25 Days on Market

About This Home

As of July 2014

This 1935 Old Las Palmas property is a gem that just needs some polishing. Walled and gated insure privacy with tremendous mountain views from the back and updated pool area that also has an exterior steam room. The interior of the house has 4 bedrooms and 5 baths with the master featuring two walk in closets and hardwood floors. The use of glass and atrium effects throughout much of the house keeping it light and bright. This property just needs some love and do you hear that sound...beep....beep....beep....your contractors truck backing up to help make those changes! Great value on a great lot in arguably one of the most premier neighborhoods in the Desert.

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 05/16/2014

Bennion Deville Homes

Last Buyer's Agent

Robert Parham

HomeSmart Professionals License #01318038

HomeSmart Professionals

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,743

Year Built

1935

Lot Details

0

Listing Details

  • Active Date: 2014-06-05
  • Full Bathroom: 4
  • Building Size: 2562.0
  • Driving Directions: North or South on Palm Canyon and West on Vereda Sur
  • Full Street Address: 247 W VEREDA SUR
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2014-07-25
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Eating Areas: Breakfast Area, Dining Area
  • Advertising Remarks: This 1935 Old Las Palmas property is a gem that just needs some polishing. Walled and gated insure privacy with tremendous mountain views from the back and updated pool area that also has an exterior steam room. The interior of the house has 4 bedrooms
  • Total Bedrooms: 4
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Spa: No
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher
  • Laundry: Inside, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 14810
  • Common Walls: Detached/No Common Walls
  • Foundation: Foundation - Concrete Slab

Garage/Parking

  • Parking Features: Driveway
  • Parking Type: Garage

Utilities

  • Sewer: In, Connected & Paid
  • Cooling Type: Air Conditioning, Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Brazeel Steve and Brazeel Casey
Bought by
Brazeel Family Trust and Brazeel
Current Estimated Value
$2,505,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,500
Outstanding Balance
$1,441,296
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$1,064,349

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 13, 2014
Sold by
Barton Gregory D
Bought by
Brazeel Steve and Brazeel Casey
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Robert Parham
HomeSmart Professionals
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 1999
Sold by
Berthelemy Felix R
Bought by
Steen Ernest M

Purchase Details

Closed on
Nov 5, 1998
Sold by
Alexander Blair
Bought by
Barthelemy Felix R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.42%

Purchase Details

Closed on
Jul 13, 1995
Sold by
Obrien Mia Grow
Bought by
Alexander Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
7.63%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brazeel Family Trust -- None Listed On Document
Brazeel Steve $949,000 Orange Coast Title Company
Steen Ernest M $630,000 Chicago Title Co
Barthelemy Felix R $485,000 Chicago Title Co
Alexander Blair $375,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazeel Steve $1,499,500
Previous Owner Brazeel Steve $1,500,000
Previous Owner Brazeel Steve $750,000
Previous Owner Barthelemy Felix R $388,000
Previous Owner Alexander Blair $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $949,000 0.0% $370 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $949,000 -- $370 / 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 $14,743 $1,214,221 $408,624 $805,597
2023 $14,743 $1,167,072 $392,757 $774,315
2022 $15,043 $1,144,189 $385,056 $759,133
2021 $14,736 $1,121,755 $377,506 $744,249
2020 $14,066 $1,110,254 $373,636 $736,618
2019 $13,821 $1,088,485 $366,310 $722,175
2018 $13,560 $1,067,143 $359,129 $708,014
2017 $13,536 $1,046,220 $352,088 $694,132
2016 $12,491 $987,472 $345,185 $642,287
2015 $11,724 $949,000 $340,000 $609,000
2014 $9,800 $789,879 $200,599 $589,280
Source: Public Records

Agents Affiliated with this Home

  • Patrick Jordan

    Seller's Agent in 2014

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    12 in this area

    279 Total Sales

    Patrick Jordan
    Section Image
  • Robert Parham

    Buyer's Agent in 2014

    Robert Parham

    HomeSmart Professionals

    (760) 624-8834

    1 in this area

    25 Total Sales

    Robert Parham
    Section Image
See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-760837PS

APN: 505-222-003

California Riverside County Palm Springs 92262 Old Las Palmas

247 W Vereda Sur, Palm Springs, CA

This home is located at 247 W Vereda Sur, Palm Springs, CA 92262 since 16 May 2014 and is currently estimated at $2,505,645, approximately $978 per square foot. This property was built in 1935. 247 W Vereda Sur is a home located in Riverside County with nearby schools including Katherine Finchy 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.

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.

Nearby Homes