NOT LISTED FOR SALE

280 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $1,705,000 - $2,838,000

4 Beds
4 Baths
3,358 Sq Ft
$699/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $565,000 $168 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $13,521/month

182 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Breakfast Area or Nook
  • Palm Springs High School Rated A-
  • Mountain View
  • Laundry Room

About This Home

As of February 2012

This mini estate is located in the Old Las Palmas area of Palm Springs. Built in 1948 this property has lots of style. Private hedged property, gated driveway and courtyard, large corner lot, excellent street and convenient location. THis home has 4 bedrooms, 4 baths, large pool, fireplace in living room. There is excellent value in this beautiful home in Old Las Palmas.Cash only buyers

Last Agent to Sell the Property

Jeff Litton

License #00861820 Listed on: 03/02/2010

Last Buyer's Agent

Richard Pearson

Richard Pearson, Broker License #01320746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,852

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Level Lot

Home Design

  • Custom Home
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 3,358 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating System
  • Property is located within a water district

Community Details

  • Property has a Home Owners Association
  • Old Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505221012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,852

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Old Las Palmas
  • List Price per Sq Ft: 151.88
  • Lp Sp Ratio: 1.1078
  • View Type: Mountain(s)
  • Year Built: 1948
  • Listing I D: 21392029
  • Listing Office Address: 601 E. Tahquitz Canyon #110, Palm Springs, CA 92262
  • Listing Office Fax: (760) 778-1490
  • Selling Member Address: 301 N Palm Cny Dr Ste 103-410, Palm Springs, CA 92262
  • Selling Office Address: 301 N Palm Cny Dr Ste 103-410, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-7651
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Bedroom Features: Main Floor Master Bedroom
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook
  • Laundry: Individual Room
  • Estimated Sq Ft: 3358.00

Exterior Features

  • Other Features: Custom Built
  • Roofing: Concrete, Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Utilities

  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA Information: Yes

Lot Info

  • Assessor Parcel Number: 505221012
  • Lot Acres: 0.3400
  • Lot Description: Level
  • Lot Size: 14810.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2010
Closed on
Jan 31, 2012
Sold by
The Bank Of New York Mellon
Bought by
Sandquist Gary and Vezina Andre
Seller's Agent
Jeff Litton
Buyer's Agent
Richard Pearson
Richard Pearson, Broker
List Price
$510,000
Sold Price
$565,000
Premium/Discount to List
$55,000
10.78%
Current Estimated Value
$2,346,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,781,051
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Gabica Jeff P
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 20, 2009
Sold by
G & G Transport Inc
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 27, 2008
Sold by
Gabica Jeff P
Bought by
G & G Transport Inc

Purchase Details

Closed on
Sep 25, 2005
Sold by
Gabica Jeffrey Peter
Bought by
Goldbach Marc Aaron

Purchase Details

Closed on
Aug 4, 2003
Sold by
Cameron Alan S and Cameron Diane M
Bought by
Gabica Jeff P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2001
Sold by
Ehrlich Lowell
Bought by
Cameron Alan S and Cameron Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Sandquist Gary $565,000 Landsafe Default Inc
The Bank Of New York Mellon $646,000 Landsafe Title
Countrywide Home Loans Inc -- None Available
G & G Transport Inc $200,196 None Available
Goldbach Marc Aaron -- None Available
Gabica Jeff P $855,000 Landsafe Title
Cameron Alan S $825,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabica Jeff P $100,000
Previous Owner Gabica Jeff P $910,000
Previous Owner Gabica Jeff P $641,250
Previous Owner Cameron Alan S $300,000
Previous Owner Cameron Alan S $550,000
Closed Gabica Jeff P $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $565,000 +10.8% $168 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/04/2012 01/04/12 Price Changed $510,000 0.0% $152 / Sq Ft
01/04/2012 01/04/12 For Sale $510,000 -9.7% $152 / Sq Ft
08/26/2011 08/26/11 Off Market $565,000 -- --
07/21/2011 07/21/11 For Sale $674,800 +19.4% $201 / Sq Ft
07/30/2010 07/30/10 Off Market $565,000 -- --
Source: California Desert 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 $8,852 $720,121 $283,859 $436,262
2023 $8,852 $692,160 $272,838 $419,322
2022 $9,031 $678,589 $267,489 $411,100
2021 $8,848 $665,285 $262,245 $403,040
2020 $8,451 $658,464 $259,556 $398,908
2019 $8,305 $645,554 $254,467 $391,087
2018 $8,150 $632,897 $249,479 $383,418
2017 $8,030 $620,488 $244,588 $375,900
2016 $7,796 $608,323 $239,793 $368,530
2015 $7,489 $599,188 $236,192 $362,996
2014 $7,407 $587,453 $231,566 $355,887
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Litton

  • Richard Pearson

    Buyer's Agent in 2012

    Richard Pearson

    Richard Pearson, Broker

    (760) 831-1316

    23 Total Sales

    Richard Pearson
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Map

Source: California Desert Association of REALTORS®

MLS Number: 21392029

California Desert Association of REALTORS®

APN: 505-221-012

California Riverside County Palm Springs 92262 Old Las Palmas

280 W Vereda Sur, Palm Springs, CA

This home is located at 280 W Vereda Sur, Palm Springs, CA 92262 since 02 March 2010 and is currently estimated at $2,346,051, approximately $698 per square foot. This property was built in 1948. 280 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.

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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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