NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,700,000

3 Beds
2.5 Baths
2,366 Sq Ft
$581/Sq Ft Est. Value

Last Sold February 10, 2014

Last sale price $529,000 $224 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $8,157/month

143 Days on Market

Highlights

  • Heated Spa
  • Mountain View
  • Ceramic Tile Flooring
  • Palm Springs High School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of February 2014

Beautiful newly updated 3 bedroom/2.5 bath home in the desirable low wind South Palm Springs neighborhood of Los Compadres. The large backyard with southern exposure is an entertainer's delight with elevated pool/spa and wireless mountain views. The patio with slatted roof runs the length of home providing shaded comfort. Vaulted ceiling in dining and living room and new 20 inch porcelain tile throughout this 2,366 sq. ft. home makes a spacious flow with two-way bricked fireplace a focal point. The bright and airy kitchen has brand new stainless steel appliances, cabinet hardware, sink and faucet. The baths have been upgraded with new toilets, vanities, slab counters and stainless hardware. The ceilings have been retextured and there are new contemporary ceiling fans and electrical outlets throughout the home. The 3rd stall of 3 car garage has been converted to a large permitted utility/laundry room with tons of storage.

Last Agent to Sell the Property

Russell Reserva

License #01869276 Listed on: 09/09/2013

Last Buyer's Agent

Laurie Ridgeway

HomeSmart License #01394645

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,998

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Block Wall Fence
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 2,366 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Property is located within a water district

Community Details

  • Los Compadres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 502501002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,998

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Builders Tract Code: Los Compadres
  • List Price per Sq Ft: 232.04
  • Lp Sp Ratio: 0.9636
  • View Type: Mountain(s)
  • Year Built: 1979
  • Listing I D: 21481131
  • Listing Member Address: 1255 E. Ramon Road, Palm Springs, CA 92264
  • Listing Member Fax: (760) 992-5639
  • Listing Office Address: 1255 E. Ramon Road, Palm Springs Midtown Office, Palm Springs, CA 92264
  • Listing Office Fax: (760) 323-3139
  • Selling Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Address: 1255 E. Ramon Road, Palm Springs Midtown Office, Palm Springs, CA 92264
  • Selling Office Fax: (760) 323-3139
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Los Compadres
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Flooring: Ceramic Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2366.00

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Composition, Tile, Shingle, Foam
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Dual, Central Air
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 502501002
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.2800
  • Lot Size: 12197.00

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
Sep 9, 2013
Closed on
Dec 19, 2013
Sold by
Macias Carole J
Bought by
Hipwell Stephen Charles and Lee Jui Lu
Seller's Agent
Russell Reserva
Buyer's Agent
Laurie Ridgeway
HomeSmart
List Price
$609,000
Sold Price
$529,000
Premium/Discount to List
-$80,000
-13.14%
Current Estimated Value
$1,374,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$845,620
Avg. Annual Appreciation
8.62%
Original Mortgage
$350,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 1998
Sold by
Dorothy Thormodsgard
Bought by
Thormodsgard Dorothy
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
Hipwell Stephen Charles $529,000 Orange Coast Title Co
Thormodsgard Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hipwell Stephen Charles $350,000
Previous Owner Thormodsgard Dorothy $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2014 02/10/14 Sold $529,000 -3.6% $224 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
12/06/2013 12/06/13 Price Changed $549,000 -3.5% $232 / Sq Ft
11/19/2013 11/19/13 Price Changed $569,000 -1.7% $240 / Sq Ft
10/22/2013 10/22/13 Price Changed $579,000 -3.3% $245 / Sq Ft
09/30/2013 09/30/13 Price Changed $599,000 -1.6% $253 / Sq Ft
09/09/2013 09/09/13 For Sale $609,000 -- $257 / Sq Ft
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 $7,998 $648,468 $194,536 $453,932
2023 $7,998 $623,289 $186,983 $436,306
2022 $8,159 $611,068 $183,317 $427,751
2021 $7,995 $599,087 $179,723 $419,364
2020 $7,637 $592,945 $177,881 $415,064
2019 $7,505 $581,320 $174,394 $406,926
2018 $7,366 $569,923 $170,976 $398,947
2017 $7,258 $558,749 $167,624 $391,125
2016 $7,046 $547,794 $164,338 $383,456
2015 $6,767 $539,568 $161,870 $377,698
2014 $4,418 $539,580 $162,180 $377,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21481131

California Desert Association of REALTORS®

APN: 502-501-002