NOT LISTED FOR SALE

248 E Palo Verde Ave Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $1,871,000 - $2,646,000

3 Beds
4 Baths
3,106 Sq Ft
$761/Sq Ft Est. Value

Last Sold November 26, 2012

Last sale price $675,000 $217 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $13,472/month

280 Days on Market

About This Home

As of November 2012

Newly built Tuscan-inspired residence in the heart of Tahquitz River Estates offers all the perks of a brand-new home in one of Palm Springs most established and coveted South PS neighborhoods. Built in 2009, the home was conceived by its owners and a hand-picked team of craftspeople to deliver their dream home. Paired with a fabulous location less than a mile from downtown and less than a block from one of Palm Springs' best hiking trails, no expense has been spared to outfit this exquisite home, including: Chef's dream kitchen, 10-ft-high ceilings, state-of-the-art wiring system, underground utilities, solid-core doors, brushed bronze and nickel hardware throughout, copper and ceramic sinks, concrete Arto tile and recessed throughout, fine wood custom cabinetry, surround-sound in up to 16 zones (including back and front yards!), central vacuum system, fire sprinkler system, and much more. $10,000 CREDIT TOWARD POOL/BACK YARD! TAKING BACK-UP OFFERS.

Last Agent to Sell the Property

Jacquie Owens

Berkshire Hathaway HomeServices California Properties License #01803359 Listed on: 02/10/2012

Last Buyer's Agent

Michael Maloney

Keller Williams Realty License #01216091

Keller Williams Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,593

Year Built

2009

Lot Details

0

Listing Details

  • Cross Street: S. PALM CANYON DR
  • Entry Location: Ground Level - no steps
  • Active Date: 2012-02-10
  • Full Bathroom: 3
  • Three Quarter Bathrooms: 1
  • Building Size: 3106.0
  • Building Structure Style: Tuscan
  • Doors: Sliding Glass Door(s)
  • Driving Directions: From downtown, go south on Palm Canyon Drive and turn left on E. Palo Verde Avenue. 248 will be on your left, about 1/2 a block from Palm Canyon.
  • Exclusions: FLAT-SCREEN TV ABOVE FIREPLACE.
  • Full Street Address: 248 E Palo Verde AVE
  • Lot Location: Flats
  • Lot Size Acres: 0.28
  • Primary Object Modification Timestamp: 2014-04-14
  • Property Condition: New Construction
  • Tax Legal Lot Number: 37
  • View Type: Mountain View
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Shower and Tub
  • Bedroom Features: Master Suite
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Appliances: Convection Oven, Double Oven, Microwave, Oven-Gas, Range Hood, Self Cleaning Oven, Warmer Oven Drawer
  • Advertising Remarks: Newly built Tuscan-inspired residence in the heart of Tahquitz River Estates offers all the perks of a brand-new home in one of Palm Springs most established and coveted South PS neighborhoods. Built in 2009, the home was conceived by its owners and a han
  • Total Bedrooms: 3
  • Builders Tract Name: TAHQUITZ RIVER ESTAT
  • Fireplace: Yes
  • Levels: One Level
  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Wet Bar
  • Fireplace Rooms: Great Room
  • Appliances: Central Vacuum, Dishwasher, Gas Dryer Hookup, Refrigerator, Water Line to Refrigerator
  • Fireplace Fuel: Gas, Gas & Wood
  • Kitchen Features: Pantry, Counter Top, Island, Open to Family Room
  • Laundry: Individual Room
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 12197
  • Common Walls: Detached/No Common Walls
  • Foundation: Foundation - Concrete Slab
  • Other Features: Energy Efficient, Full Copper Plumbing
  • Patio: Covered Porch
  • Fence: Block Wall
  • Windows: Double Pane Windows, Screens
  • Roofing: Concrete Tile
  • Water: Water District

Garage/Parking

  • Parking Features: Circular Driveway
  • Parking Spaces Total: 5
  • Parking Type: Garage, Garage - Two Door, Garage Is Attached, On street

Utilities

  • Sewer: In Street Paid
  • Sprinklers: Drip System, Sprinkler System
  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Water Heater: Tankless
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Fireplace, Forced Air
  • Security: Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified
  • Elementary School: Cahuilla Elementary
  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Lot Info

  • Lot Description: Back Yard, Fenced Yard, Front Yard, Landscaped, Lawn, Lot-Level/Flat, Single Lot, Utilities Underground, Walk Street, Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2015
Sold by
Rockwell Steven Alan
Bought by
The Glenwell Trust
Current Estimated Value
$2,362,792

Purchase Details

Closed on
Aug 14, 2012
Sold by
Lugo Brian and Lugo Kara
Bought by
Rockwell Steve Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,750
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2008
Sold by
Us Bank National Association
Bought by
Lugo Brian and Lugo Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,496
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2008
Sold by
Storm Jacquelyn T
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,496
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2006
Sold by
Storm Jacquelyn T
Bought by
Redstone Equity Llc

Purchase Details

Closed on
Jul 9, 2004
Sold by
Storm James V
Bought by
Storm Jacquelyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2001
Sold by
Kamins Paul and Kamins Birthe
Bought by
Storm James and Storm Jacquelyn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
The Glenwell Trust -- None Available
Rockwell Steve Alan $675,000 Investors Title Company
Lugo Brian $360,000 First American Title Ins Co
Us Bank Na $174,468 None Available
Redstone Equity Llc -- Accommodation
Storm Jacquelyn T -- First American Title Co
Storm James $140,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenwell Trust $613,000
Closed Glenwell Trust $320,000
Closed Glenner Michael $955,000
Closed Glenner Michael $500,000
Closed Glenner Michael $397,150
Closed Rockwell Steven Alan $28,100
Closed Rockwell Steven Alan $96,900
Previous Owner Rockwell Steve Alan $508,750
Previous Owner Lugo Brian $549,537
Previous Owner Lugo Brian $361,496
Previous Owner Storm Jacquelyn T $42,000
Previous Owner Storm Jacquelyn T $594,000
Previous Owner Storm Jacquelyn T $119,000
Previous Owner Storm Jacquelyn T $70,180
Previous Owner Storm Jacquelyn T $400,000
Previous Owner Storm James $288,000
Previous Owner Storm James $248,000
Previous Owner Storm James $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2012 11/26/12 Sold $675,000 -3.4% $217 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
05/08/2012 05/08/12 Price Changed $699,000 -5.4% $225 / Sq Ft
02/10/2012 02/10/12 For Sale $739,000 -- $238 / 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 $10,593 $873,265 $249,357 $623,908
2023 $10,593 $839,357 $239,675 $599,682
2022 $10,804 $822,900 $234,976 $587,924
2021 $10,583 $806,766 $230,369 $576,397
2020 $10,104 $798,494 $228,007 $570,487
2019 $17,127 $782,838 $223,537 $559,301
2018 $21,075 $767,489 $219,155 $548,334
2017 $20,909 $752,441 $214,858 $537,583
2016 $16,510 $737,689 $210,646 $527,043
2015 $16,146 $726,610 $207,483 $519,127
2014 $15,635 $678,064 $203,419 $474,645
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jacquie Owens

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Michael Maloney

    Buyer's Agent in 2012

    Michael Maloney

    Keller Williams Realty

    (626) 483-2265

    53 Total Sales

    Michael Maloney
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41447918

APN: 508-291-033

California Riverside County Palm Springs 92264 Tahquitz River Estates

248 E Palo Verde Ave, Palm Springs, CA

This home is located at 248 E Palo Verde Ave, Palm Springs, CA 92264 since 10 February 2012 and is currently estimated at $2,362,792, approximately $760 per square foot. This property was built in 2009. 248 E Palo Verde Ave is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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