NOT LISTED FOR SALE

260 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,735,000 - $3,803,000

3 Beds
3 Baths
3,910 Sq Ft
$808/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $1,550,000 $396 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $19,133/month

26 Days on Market

About This Home

As of February 2014

The magical and romantic Rock House. One of the first 12-18 homes built in the famed Las Palmas area, this 1920's vintage Spanish home offers the very best of updated living in a comfortable & historic atmosphere. Fully updated and enlarged through the years, this mini-estate residence exudes an air of casual elegance at every turn. Totally private with amazing west & south mountain views, mature landscaping, a pebble tec pool, spa & waterfalls, fountains all surrounded by rock walls. Interior features include clay tile floors, tall, beamed & wood ceilings, fireplaces in Living Rm & 2 master bedrooms, fully updated chef's kitchen w/SS high-end appliances, family rm. off kitchen, French doors, vintage/restored windows, art lighting, duplicate master bdrms. each with huge sep. bathrooms & walk-in closets, 5 ttl closets in master wing, 2nd lg. family rm. w/wetbar & built-ins, cedar ceilings, butler pantry, thick plaster walls & east wing w/3rd bdrm & bath. Truly magical in every way.

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 11/09/2013

Compass

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,919

Year Built

1928

Lot Details

0

Listing Details

  • Cross Street: N INDIAN CANYON
  • Entry Location: Living Room
  • Active Date: 2013-11-09
  • Three Quarter Bathrooms: 3
  • Building Size: 3910.0
  • Building Structure Style: Spanish
  • Doors: French Doors
  • Driving Directions: North Palm Canyon into Uptown area. Left/West on Vereda Sur. Home on the right.
  • Full Street Address: 260 W VEREDA SUR
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2014-02-04
  • Property Condition: Updated/Remodeled
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1928

Interior Features

  • Bathroom Features: 2 Master Baths, Granite, Remodeled
  • Bedroom Features: 2 Master Bedrooms, Dressing Area, WalkInCloset
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Appliances: Range Hood, Microwave, Built-In Gas
  • Advertising Remarks: The magical and romantic Rock House. One of the first 12-18 homes built in the famed Las Palmas area, this 1920's vintage Spanish home offers the very best of updated living in a comfortable & historic atmosphere. Fully updated and enlarged through the
  • Total Bedrooms: 3
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Pool Accessories: Waterfall
  • Spa: Yes
  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Plaster Walls, Pre-wired for high speed Data, Recessed Lighting, Wet Bar
  • Fireplace Rooms: Living Room, Master Bedroom
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile, Clay
  • Kitchen Features: Pantry, Gourmet Kitchen, Granite Counters, Island, Remodeled
  • Laundry: Outside, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 19602
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces South
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: High Ceilings (9 Feet+), Service Entrance
  • Patio: Covered Porch, Covered, Porch - Front, Porch - Rear, Rock, Stone
  • Fence: Block Wall
  • Windows: French/Mullioned Windows
  • Roofing: Clay Tile
  • Water: District/Public

Garage/Parking

  • Other Spaces: 5
  • Total Parking Spaces: 2
  • Parking Features: Controlled Entrance, Driveway - Brick
  • Parking Type: Carport, Carport Detached, Parking for Guests

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Zoned A/C
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified

Lot Info

  • Lot Description: Automatic Gate, Back Yard, Front Yard, Landscaped, Lawn, Lot Shape-Rectangular

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Dec 12, 2013
Sold by
Close Jeffrey and Close Cindy
Bought by
The Glenn E & Mary Lynn Mounger Revocabl
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$3,161,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,611,031
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Aug 9, 2013
Sold by
Close Cindy
Bought by
Close Jeffrey and Close Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2013
Sold by
Close J Jeffrey
Bought by
Close Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2012
Sold by
Close Cindy S
Bought by
Close J Jeffrey and Close Cindy S

Purchase Details

Closed on
Oct 28, 2011
Sold by
Close J Jeffrey
Bought by
Close Cindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Splittorl Mary Lou
Bought by
Close Cindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 1994
Sold by
Larsen Carol Ann
Bought by
Larsen Carol Ann
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
The Glenn E & Mary Lynn Mounger Revocabl $1,550,000 First American Title Company
Close Jeffrey -- None Available
Close Cindy -- Chicago Title Company
Close J Jeffrey -- Accommodation
Close Cindy S -- First American Title Ins Co
Close Cindy S $1,200,000 First American Title Company
Larsen Carol Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Close Cindy $833,000
Previous Owner Close Cindy S $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $1,550,000 -2.8% $396 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
11/09/2013 11/09/13 For Sale $1,595,000 -- $408 / 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 $22,919 $1,900,074 $665,024 $1,235,050
2023 $22,919 $1,826,294 $639,201 $1,187,093
2022 $23,389 $1,790,485 $626,668 $1,163,817
2021 $22,908 $1,755,379 $614,381 $1,140,998
2020 $21,860 $1,737,381 $608,082 $1,129,299
2019 $21,477 $1,703,315 $596,159 $1,107,156
2018 $21,070 $1,669,918 $584,471 $1,085,447
2017 $20,757 $1,637,175 $573,011 $1,064,164
2016 $20,139 $1,605,075 $561,776 $1,043,299
2015 $19,375 $1,580,968 $553,339 $1,027,629
2014 $12,582 $1,017,000 $356,000 $661,000
Source: Public Records

Agents Affiliated with this Home

  • Scott Lyle

    Seller's Agent in 2014

    Scott Lyle

    Compass

    (760) 333-8454

    1 in this area

    51 Total Sales

    Scott Lyle
    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-717909PS

APN: 505-221-011

California Riverside County Palm Springs 92262 Old Las Palmas

260 W Vereda Sur, Palm Springs, CA

This home is located at 260 W Vereda Sur, Palm Springs, CA 92262 since 09 November 2013 and is currently estimated at $3,161,031, approximately $808 per square foot. This property was built in 1928. 260 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.

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