NOT LISTED FOR SALE

271 W Merito Place Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $3,681,000 - $4,357,000

6 Beds
5 Baths
4,050 Sq Ft
$1,019/Sq Ft Est. Value

About This Home

This home is located at 271 W Merito Place, Palm Springs, CA 92262 and is currently estimated at $4,126,335, approximately $1,018 per square foot. 271 W Merito Place is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Katzin William and Gemini Trust
Bought by
Eicholz Robert L and Scott Steven
Current Estimated Value
$4,126,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,152,500
Outstanding Balance
$1,858,460
Interest Rate
2.37%
Mortgage Type
VA
Estimated Equity
$2,267,875

Purchase Details

Closed on
May 16, 2011
Sold by
Weissman Steven J
Bought by
Katzin William and Gemini Trust

Purchase Details

Closed on
Apr 3, 1996
Sold by
Garfield Gilbert
Bought by
Garfield Gilbert I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.39%
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.

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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.

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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.

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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.

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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
Eicholz Robert L $2,870,000 First American Title
Katzin William $1,750,000 First American Title Company
Garfield Gilbert I -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eicholz Robert L $2,152,500
Previous Owner Garfield Gilbert I $460,000
Source: Public Records

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 $37,686 $3,138,758 $1,060,833 $2,077,925
2023 $37,686 $3,016,879 $1,019,641 $1,997,238
2022 $38,463 $2,957,726 $999,649 $1,958,077
2021 $37,668 $2,899,733 $980,049 $1,919,684
2020 $25,746 $2,050,069 $511,929 $1,538,140
2019 $25,295 $2,009,873 $501,892 $1,507,981
2018 $24,814 $1,970,464 $492,051 $1,478,413
2017 $24,445 $1,931,828 $482,403 $1,449,425
2016 $23,717 $1,893,950 $472,945 $1,421,005
2015 $22,820 $1,865,503 $465,842 $1,399,661
2014 $22,613 $1,828,963 $456,718 $1,372,245
Source: Public Records

Map

California Riverside County Palm Springs 92262 Old Las Palmas

271 W Merito Place, Palm Springs, CA

This home is located at 271 W Merito Place, Palm Springs, CA 92262 and is currently estimated at $4,126,335, approximately $1,018 per square foot. 271 W Merito Place 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.

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