NOT LISTED FOR SALE

289 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,342,000 - $3,883,000

5 Beds
7 Baths
4,600 Sq Ft
$716/Sq Ft Est. Value

Last Sold April 28, 2015

Last sale price $1,650,000 $359 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $19,925/month

57 Days on Market

About This Home

As of April 2015

This Contemporary Corner lot Estate in Prestigious Old Las Palmas consists of 5 bedrooms and 7 bathrooms which include an Au Pairs/Maids Quarters and an attached casita. The current owners have painstakingly remodeled this property including adding a 15 KW Solar system, SIX HVAC systems, updated electrical, plumbing, landscaping, Porcelain and exotic wood flooring, AV system and so much more. The 40 foot sliders across the back of the home truly bring the outside in and provide for a spectacular entertaining space and breathtaking SW mountain views beyond the salt water and pebble tech pool. The chefs kitchen has been opened up to provide a large open floor plan and boasts top of the line appliances. Lush landscaping provide this walled and gated estate maximum privacy. Three fireplaces complete the package. Perfect for second home, vacation rental.

Last Agent to Sell the Property

Leaskou-King & Associates

Desert Lifestyle Properties License #01893443 Listed on: 01/06/2015

Desert Lifestyle Properties

Last Buyer's Agent

Alan Bloom

AC Eagle Corporation License #01469766

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,823

Year Built

1948

Lot Details

0

Parking

2

Listing Details

  • Cross Street: PALM CANYON
  • Active Date: 2015-01-06
  • Full Bathroom: 5
  • One Quarter Bathrooms: 2
  • Building Size: 4600.0
  • Building Structure Style: Contemporary
  • Driving Directions: Palm Canyon to Vereda Sur. Property is on the South side of the street.
  • Full Street Address: 289 W VEREDA SUR
  • Pool Construction: In Ground
  • Pool Descriptions: Filtered, Heated, Heated And Filtered, Heated - Gas, Permits, Private Pool
  • Primary Object Modification Timestamp: 2015-04-28
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Heated - Gas, Permits, Private Spa
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Bathroom Features: Powder Room
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Range Hood
  • Advertising Remarks: This Contemporary Corner lot Estate in Prestigious Old Las Palmas consists of 5 bedrooms and 7 bathrooms which include an Au Pairs/Maids Quarters and an attached casita. The current owners have painstakingly remodeled this property including adding a 15 K
  • Total Bedrooms: 5
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Interior Amenities: Bar, Recessed Lighting
  • Fireplace Rooms: Den, Living Room, Master Bedroom, Master Retreat
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace Fuel: Gas
  • Floor Material: Wood
  • Kitchen Features: Counter Top, Gourmet Kitchen, Granite Counters, Island, Remodeled
  • Laundry: Inside, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 14810
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1
  • Patio: Covered Porch
  • Fence: Block Wall
  • Windows: Plantation Shutters
  • Roofing: Composition
  • Water: District/Public, Meter on Property

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Auto Driveway Gate, Driveway - Concrete, Private Garage
  • Parking Type: Garage Is Attached, Garage, Garage - Two Door, Parking for Guests - Onsite, Private, Side by Side

Utilities

  • Sprinklers: Drip System, Front, Rear, Side, Sprinkler System, Sprinkler Timer
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Gas, Zoned A/C
  • Heating Type: Central Furnace, Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Lawn

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Kiser Daniel J
Bought by
Kiser Daniel J and Daniel J Kiser Trust
Total Days on Market
57
Current Estimated Value
$3,292,621

Purchase Details

Listed on
Jan 6, 2015
Closed on
Mar 24, 2015
Sold by
Warman Raymond E
Bought by
Kiser Daniel J
Seller's Agent
Leaskou-King & Associates
Desert Lifestyle Properties
Buyer's Agent
Alan Bloom
AC Eagle Corporation
List Price
$1,698,000
Sold Price
$1,650,000
Premium/Discount to List
-$48,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,250,000
Interest Rate
3.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 6, 2015
Closed on
Mar 12, 2015
Sold by
Iovino Jean J and Boersma Barbara L
Bought by
Kiser Daniel J
Seller's Agent
Leaskou-King & Associates
Desert Lifestyle Properties
Buyer's Agent
Alan Bloom
AC Eagle Corporation
List Price
$1,698,000
Sold Price
$1,650,000
Premium/Discount to List
-$48,000
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 2011
Sold by
Pickerel Maury Kirk and Smith Jeffrey Paul
Bought by
Iovino Jean J and Boersma Barbara L

Purchase Details

Closed on
Jan 12, 2004
Sold by
Perchall Dean and Doucette David
Bought by
Pickerel Maury Kirk and Smith Jeffrey Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Perchall Dean and Doucette David
Bought by
Perchall Dean and Doucette David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.97%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Perchall Dean and Doucette David
Bought by
Doucette David and The David Doucette Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.17%
Mortgage Type
Unknown
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
Kiser Daniel J -- None Available
Kiser Daniel J -- Orange Coast Title
Kiser Daniel J $1,650,000 Orange Coast Title Co
Iovino Jean J $709,000 Orange Coast Title Company
Pickerel Maury Kirk $1,150,000 Orange Coast Title Company
Perchall Dean -- Commonwealth Land Title Co
Doucette David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiser Daniel J $250,000
Previous Owner Kiser Daniel J $1,250,000
Previous Owner Pickerel Maury Kirk $920,000
Previous Owner Perchall Dean $180,000
Previous Owner Perchall Dean $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2015 04/28/15 Sold $1,650,000 -1.7% $359 / Sq Ft
03/04/2015 03/04/15 Pending -- -- --
02/03/2015 02/03/15 Price Changed $1,678,000 -1.2% $365 / Sq Ft
01/06/2015 01/06/15 For Sale $1,698,000 -- $369 / 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 $23,823 $1,983,043 $694,063 $1,288,980
2023 $23,823 $1,906,040 $667,112 $1,238,928
2022 $24,309 $1,868,668 $654,032 $1,214,636
2021 $23,807 $1,832,028 $641,208 $1,190,820
2020 $22,716 $1,813,244 $634,634 $1,178,610
2019 $22,316 $1,777,691 $622,191 $1,155,500
2018 $21,891 $1,742,836 $609,992 $1,132,844
2017 $21,564 $1,708,664 $598,032 $1,110,632
2016 $21,007 $1,675,161 $586,306 $1,088,855
2015 $9,203 $740,766 $261,274 $479,492
2014 $9,107 $726,257 $256,157 $470,100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Ben & Josh

    BHGRE I Leaskou Partners

  • A

    Buyer's Agent in 2015

    Alan Bloom

    AC Eagle Corporation

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-819237PS

APN: 505-222-001

California Riverside County Palm Springs 92262 Old Las Palmas

289 W Vereda Sur, Palm Springs, CA

This home is located at 289 W Vereda Sur, Palm Springs, CA 92262 since 06 January 2015 and is currently estimated at $3,292,621, approximately $715 per square foot. This property was built in 1948. 289 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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