NOT LISTED FOR SALE

251 E Ocotillo Ave Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $1,616,000 - $2,332,000

4 Beds
3 Baths
2,278 Sq Ft
$832/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $997,000 $438 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,863/month

8 Days on Market

About This Home

As of October 2018

Charming Updated 1938 Spanish Style Home Filled With Original Character And Wonderful Upgrades. Offered Furnished With Exclusions, This Walled And Gated Property Has Fabulous Mountain Views And An Old World Private Feel, But Surprises With A Resort Style Backyard W/ Heated Salt Water Pool & Spa. Featuring A Newly Renovated Casita W/ Full Bath, An "Owned" Hot Purple Solar System, New Indoor Bar With 2 Wine Coolers, Outdoor Built-In Grill, 2 Covered Outdoor Seating Areas, Den, And Living Room Plus 2 Dining Rooms. Remodeled In 2011 And Updated Again In 2017. Design Accents: Beamed Ceilings, 2 Fireplaces, Spanish Tile & Wood Floors, French Doors & Arched Doorways. One Car Garage + Basement. The Professional Landscaping Is Magical: Look For Big Palms, Old Citrus, Green Lawns, Flowering Vines And Bougainvillea. Convenient to Downtown, This Is Quintessential Palm Springs!

Last Agent to Sell the Property

Douglas Turold

Compass License #01976547 Listed on: 09/06/2018

Compass

Last Buyer's Agent

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,785

Year Built

1938

Lot Details

0

Parking

1

Listing Details

  • Active Date: 2018-09-06
  • Full Bathroom: 3
  • Building Size: 2278.0
  • Building Structure Style: Spanish Colonial
  • Driving Directions: South Palm Canyon to East Ocotillo. Drive east on Ocotillo to property
  • Full Street Address: 251 E OCOTILLO AVE
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2018-10-06
  • Spa Construction: In Ground
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1938

Interior Features

  • Bedroom Features: Master Bedroom
  • Appliances: Built-In BBQ, Built-Ins, Range Hood, Microwave, Range, Cooktop - Gas, Oven
  • Advertising Remarks: Charming Updated 1938 Spanish Style Home Filled With Original Character And Wonderful Upgrades. Offered Furnished With Exclusions, This Walled And Gated Property Has Fabulous Mountain Views And An Old World Private Feel, But Surprises With A Resort Style
  • Total Bedrooms: 4
  • Builders Tract Code: 7000
  • Builders Tract Name: TAHQUITZ RIVER ESTAT
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Crown Moldings, Dry Bar, Paneled Walls, Recessed Lighting, Furnished
  • Fireplace Rooms: Living Room
  • Appliances: Bar Ice Maker, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Refrigerator, Washer, Water Conditioner
  • Floor Material: Hardwood
  • Kitchen Features: Pantry, Galley Kitchen, Remodeled
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse
  • Roofing: Clay Tile
  • Water: District/Public

Garage/Parking

  • Other Spaces: 1
  • Garage Spaces: 1.0
  • Parking Spaces Total: 2
  • Parking Type: Garage

Utilities

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • TV Svcs: Cable TV
  • Water Heater: Instant Hot Water
  • Cooling Type: Air Conditioning, Zoned A/C, Ceiling Fan(s)
  • 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
Jul 27, 2023
Sold by
Speed Ann M
Bought by
Speed Family Exemption Trust and Speed
Current Estimated Value
$1,894,234

Purchase Details

Closed on
Apr 7, 2021
Sold by
Hiles Michael M and The Michael M Hiles Trust
Bought by
Speed Ann M and Speed Family Survivors Trust

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 4, 2018
Sold by
Palmer Kevin L
Bought by
Hiles Michael M
Seller's Agent
Douglas Turold
Compass
Buyer's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$997,000
Premium/Discount to List
$2,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Aug 2, 2017
Sold by
Palmer Kevin L and Ellicott Joseph T
Bought by
Palmer Kevin L

Purchase Details

Listed on
Apr 12, 2014
Closed on
Jul 11, 2014
Sold by
Hoffman Todd A and Waldron Kevin R
Bought by
Palmer Kevin L and Ellicott Joseph T
Seller's Agent
Robert Parham
HomeSmart Professionals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$775,000
Sold Price
$732,500
Premium/Discount to List
-$42,500
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$586,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2008
Sold by
Vanhulle Lucien and Van Hulle Anne Marie
Bought by
Hoffman Todd A and Waldron Kevin R

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
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1998
Sold by
Peich Anthony G and Annazene Peich Annazene
Bought by
Vanhulle Lucien and Vanhulle Anne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,520
Interest Rate
6.91%
Mortgage Type
VA

Purchase Details

Closed on
Aug 15, 1994
Sold by
Peich Anthony G and Peich Annazene
Bought by
Peich Anthony G and Peich Annazene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1994
Sold by
Peich Anthony G and Peich Annazene
Bought by
Peich Anthony G and Peich Annazene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1993
Sold by
San An Inc
Bought by
Peich Anthony G and Peich Annazene
Source: Public Records

Range of Values:

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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
Speed Family Exemption Trust -- None Listed On Document
Speed Ann M -- None Listed On Document
Speed Family Exemption Trust -- None Listed On Document
Speed Ann M -- None Listed On Document
Speed Ann M $1,745,000 First American Title Company
Hiles Michael M $997,000 Orange Coast Title Company
Palmer Kevin L -- None Available
Palmer Kevin L $732,500 Lawyers Title Company
Hoffman Todd A $470,000 Southland Title
Vanhulle Lucien $184,000 First American Title Co
Peich Anthony G -- --
Peich Anthony G -- Fidelity Title
Peich Anthony G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Kevin L $586,000
Previous Owner Hoffman Todd A $376,000
Previous Owner Vanhulle Lucien $189,520
Previous Owner Peich Anthony G $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2018 10/05/18 Sold $997,000 +0.2% $438 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $995,000 +35.8% $437 / Sq Ft
07/18/2014 07/18/14 Sold $732,500 -2.1% $322 / Sq Ft View Prior Sale
06/14/2014 06/14/14 Price Changed $747,900 -1.5% $328 / Sq Ft
05/14/2014 05/14/14 Price Changed $759,000 -2.1% $333 / Sq Ft
04/12/2014 04/12/14 For Sale $775,000 -- $340 / 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 $22,785 $1,888,842 $476,269 $1,412,573
2023 $22,785 $1,815,498 $457,776 $1,357,722
2022 $23,253 $1,779,900 $448,800 $1,331,100
2021 $13,430 $1,027,475 $154,585 $872,890
2020 $12,906 $1,016,940 $153,000 $863,940
2019 $12,682 $997,000 $150,000 $847,000
2018 $9,905 $773,712 $195,408 $578,304
2017 $9,758 $758,542 $191,577 $566,965
2016 $9,472 $743,670 $187,821 $555,849
2015 $9,103 $732,500 $185,000 $547,500
2014 $6,300 $497,108 $148,351 $348,757
Source: Public Records

Agents Affiliated with this Home

  • Douglas Turold

    Seller's Agent in 2018

    Douglas Turold

    Compass

    (760) 464-8850

    3 in this area

    30 Total Sales

    Douglas Turold
    Section Image
  • Louise Hampton

    Buyer's Agent in 2018

    Louise Hampton

    Berkshire Hathaway HomeServices California Properties

    (760) 320-4586

    3 in this area

    119 Total Sales

    Louise Hampton
    Section Image
  • Robert Parham

    Seller's Agent in 2014

    Robert Parham

    HomeSmart Professionals

    (760) 624-8834

    24 Total Sales

    Robert Parham
    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-383270PS

APN: 508-301-012

California Riverside County Palm Springs 92264 Tahquitz River Estates

251 E Ocotillo Ave, Palm Springs, CA

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