$625,000
SOLD NOV 2, 2023
5 Beds
2 Baths
1,792 Sq Ft
0.31 Acres

Recently Sold

$349 Per Sq Ft

11% Below List Price

5 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • Laundry Room
  • Palm Springs High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2023

Calling all investors, developers, flippers, and/or DIYers. This is your opportunity to buy with instant equity in Palm Springs. OWNED LAND! Oversized (13,504 sqft) pool lot offers tremendous potential with stunning mountain views. Property is completely walled with block walls for total privacy and security. Home is in mostly original condition and is in need to some updating. Roof was replaced in 2020 with concrete tiles. Located close to downtown. Incredible short term rental potential in a neighborhood where Short-Term rental permits are still available. Similarly sized homes in the area sell for $1,100,000-$1,350,000. You do not miss this one!!

Last Agent to Sell the Property

Dylan Jones

Dylan Jones, Broker License #02130343 Listed on: 10/05/2023

Last Buyer's Agent

Natascha Paukert-Pang

Pellego, Inc. License #02173569

Pellego, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,868

Year Built

  • Built in 1966

Lot Details

  • 0.31 Acre Lot
  • Property is zoned R1

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 2411
  • Assessor Parcel Number 501172001
  • $268 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,868

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949-566-1082
  • Other Phone Description: Agent
  • Other Phone Number: 949-566-1082
  • Property Attached: No
  • Subdivision Name Other: Vista Norte
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 501172001
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1792.00 Square Feet
  • Stories: 1
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 348.77
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9413.00
  • Tax Lot: 56
  • Tax Tract Number: 2411
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 27, 2023
Sold by
Sbr Empire Llc
Bought by
Signature Collection Properties Llc
Seller's Agent
Dylan Jones
Dylan Jones, Broker
Buyer's Agent
Natascha Paukert-Pang
Pellego, Inc.
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 19, 2023
Sold by
Flipt Homes Llc
Bought by
Sbr Empire Llc
Seller's Agent
Dylan Jones
Dylan Jones, Broker
Buyer's Agent
Natascha Paukert-Pang
Pellego, Inc.
List Price
$699,900
Sold Price
$625,000
Premium/Discount to List
-$74,900
-10.7%
Views
100

Purchase Details

Listed on
Jul 14, 2023
Closed on
Jul 31, 2023
Sold by
Evelyn Dormizzi Revocable Trust
Bought by
Flipt Homes Llc
Seller's Agent
Thomas Jordan
eXp Realty Of Southern California Inc
Buyer's Agent
Dylan Jones
Dylan Jones, Broker
List Price
$599,500
Sold Price
$550,000
Premium/Discount to List
-$49,500
-8.26%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.33%
Original Mortgage
$686,800
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2023
Sold by
Dormizzi Evelyn
Bought by
Evelyn Dormizzi Revocable Trust
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 Type Sale Price Title Company
Grant Deed $635,000 Lawyers Title
Grant Deed $625,000 Provident Title
Grant Deed $560,000 Provident Title
Grant Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $686,800 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $899,000 +43.8% $502 / Sq Ft
11/02/2023 11/02/23 Sold $625,000 -10.7% $349 / Sq Ft
10/05/2023 10/05/23 For Sale $699,900 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,868 $92,944 $11,669 $81,275
2022 $1,354 $91,123 $11,441 $79,682
2021 $1,329 $89,337 $11,217 $78,120
2020 $1,279 $88,421 $11,102 $77,319
2019 $1,259 $86,688 $10,886 $75,802
2018 $1,237 $84,989 $10,673 $74,316
2017 $1,219 $83,323 $10,464 $72,859
2016 $1,187 $81,690 $10,259 $71,431
2015 $1,125 $80,464 $10,105 $70,359
2014 $1,092 $78,890 $9,908 $68,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23186012

California Regional Multiple Listing Service (CRMLS)

APN: 501-172-001