NOT LISTED FOR SALE

2920 Candlelight Ln Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $1,072,672 - $1,361,000

2 Beds
3 Baths
2,268 Sq Ft
$533/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $675,000 $298 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,136/month

16 Days on Market

About This Home

As of April 2017

Desert modern is the theme of this most desirable floorplan at Luminaire in South Palm Springs. A spacious interior courtyard is the centerpiece around which this beauty revolves, offering a seamless blend of indoor-outdoor living. Perfect for al fresco dining or entertaining, you'll find a soaring, 18-foot outdoor fireplace with stainless steel surround. An entire wing of the home is dedicated to a large master suite with separate sitting area or home office. A spa-like master bath combines Caesarstone countertops, mosaic tile accents, oversized tub, marble shower and dual vanities. The lovely kitchen includes upgrades galore and a large granite slab island, while grey, glazed porcelain tile floors and custom paint are part of a sophisticated overall color palette. Guest bedroom features en suite bath, again with upgraded Caesarstone, plus mosaic accents. Built-in gas BBQ, Pebble Tec spa/pool combo, professional landscaping, and direct mountain views all add to this gorgeous home.

Last Agent to Sell the Property

Ryan Cummings

Sotheby's International Realty License #01415106 Listed on: 02/12/2017

Sotheby's International Realty

Co-Listed By

John Moore

Sotheby's International Realty License #01923013

Last Buyer's Agent

Mark Gutkowski

Bennion Deville Homes License #01878977

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,606

Year Built

2006

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2017-02-12
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 2268.0
  • Building Structure Style: Mediterranean
  • Driving Directions: East Palm Canyon to Araby, South on Araby to Luminaire on Left. Turn left on Torchlight. House is on left on Corner of Candlelight.
  • Full Street Address: 2920 CANDLELIGHT LN
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-04-14
  • Spa Descriptions: Private Spa
  • View Type: Courtyard View, Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Bathroom Features: Powder Room, 2 Master Baths
  • Bedroom Features: 2 Master Bedrooms
  • Eating Areas: Kitchen Island
  • Appliances: Microwave, Range
  • Advertising Remarks: Desert modern is the theme of this most desirable floorplan at Luminaire in South Palm Springs. A spacious interior courtyard is the centerpiece around which this beauty revolves, offering a seamless blend of indoor-outdoor living. Perfect for al fresco d
  • Total Bedrooms: 2
  • Builders Tract Code: 6505
  • Builders Tract Name: LUMINAIRE
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Great Room, Patio
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 6098
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces South
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Enclosed
  • Fence: Block Wall
  • Water: In Street

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Type: Garage - Two Door

Utilities

  • Water Heater: Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Name: Luminaire
  • HOA Fees: 120.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2017
Closed on
Jun 1, 2017
Sold by
Kennedy Alfonso and Meters Richard David
Bought by
Kennedy Alfonso and Meyers Richard David
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
Mark Gutkowski
Bennion Deville Homes
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Current Estimated Value
$1,162,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,593
Avg. Annual Appreciation
6.93%

Purchase Details

Listed on
Feb 12, 2017
Closed on
Mar 7, 2017
Sold by
Jebian Varouj J and Rochholz Rob L
Bought by
Kennedy Alfonso and Meyers Richard David
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
Mark Gutkowski
Bennion Deville Homes
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$441,490
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$740,493

Purchase Details

Closed on
Jul 15, 2016
Sold by
Jebian Varouj J and Rochholz Rob L
Bought by
Jebian Varouj J and Rochholz Rob L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Crv Palm Springs Lp
Bought by
Jebian Varouj J and Rochholz Rob L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Kennedy Alfonso -- None Available
Kennedy Alfonso $675,000 Orange Coast Title Company
Jebian Varouj J -- Orange Coast Title Co Socal
Jebian Varouj J $600,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Alfonso $540,000
Previous Owner Jebian Varouj J $451,500
Previous Owner Jebian Varouj J $20,000
Previous Owner Jebian Varouj J $486,190
Previous Owner Jebian Varouj J $480,000
Previous Owner Jebian Varouj J $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $675,000 -3.4% $298 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $699,000 -- $308 / Sq Ft
Source: The MLS

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 $9,606 $783,390 $195,845 $587,545
2023 $9,606 $752,972 $188,241 $564,731
2022 $9,800 $738,208 $184,550 $553,658
2021 $9,602 $723,734 $180,932 $542,802
2020 $9,169 $716,314 $179,077 $537,237
2019 $9,011 $702,269 $175,566 $526,703
2018 $8,842 $688,500 $172,125 $516,375
2017 $8,675 $679,050 $169,759 $509,291
2016 $7,667 $605,000 $151,000 $454,000
2015 $7,474 $605,000 $151,000 $454,000
2014 $7,535 $605,000 $151,000 $454,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Cummings

    Seller's Agent in 2017

    Ryan Cummings

    Sotheby's International Realty

    (760) 409-0129

    86 Total Sales

    Section Image
  • John Moore

    Seller Co-Listing Agent in 2017

    John Moore

    Sotheby's International Realty

    (760) 774-9614

    46 Total Sales

    Section Image
  • Mark Gutkowski

    Buyer's Agent in 2017

    Mark Gutkowski

    Bennion Deville Homes

    (760) 844-2229

    2 in this area

    135 Total Sales

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Map

Source: The MLS

MLS Number: 17-201560PS

The MLS

APN: 510-360-050

California Riverside County Palm Springs 92264 Araby Commons

2920 Candlelight Ln, Palm Springs, CA

This home is located at 2920 Candlelight Ln, Palm Springs, CA 92264 since 12 February 2017 and is currently estimated at $1,209,668, approximately $533 per square foot. This property was built in 2006. 2920 Candlelight Ln is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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