NOT LISTED FOR SALE

29220 Via Las Palmas Thousand Palms, CA 92276

Estimated Value: $849,000 - $1,033,000

4 Beds
2 Baths
3,267 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $595,000 $182 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,333/month

40 Days on Market

About This Home

As of May 2018

Live Auction! Bidding to start from $400,000. Non-Distressed, Non-REO Auction Date 4/21. No Buyer Premium. All Property, Seller Reports/Disclosures completed. This Country Equestrian Oasis on 2.4 acres is very private,with sweeping panoramic views of the Coachella Valley, and is only about 15 minutes from restaurants, shopping & services. Enter the lush, green compound through custom gates to the grand tree lined circular driveway. Enjoy the spacious open floor plan ideal for entertaining. There are tile floors throughout the natural light filled living room with wet bar. The kitchen looks out to the private pool and patio, the 4th bedroom is being used as an office. This property is a "Diamond in the Rough" awaiting your personal vision. Create your own equestrian estate or private compound. This unique property has an over-sized 3 car garage with plenty of room for work vehicles. Per Riverside County, 5 horses per acre are permitted.

Last Agent to Sell the Property

Scott And Jim Desert Homes

Harcourts Desert Homes License #1256351T Listed on: 03/16/2018

Harcourts Desert Homes

Co-Listed By

Scott Palermo

Harcourts Desert Homes License #01256351

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 29, 2018
Sold by
Mccormick John F and Mccormick Georgette M
Bought by
Corners Briliant
Seller's Agent
Scott And Jim Desert Homes
Harcourts Desert Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$400,000
Sold Price
$595,000
Premium/Discount to List
$195,000
48.75%
Current Estimated Value
$946,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,950
Avg. Annual Appreciation
7.17%
Original Mortgage
$0
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2004
Sold by
Kinnell Louise
Bought by
Mccormick John F and Mccormick Georgette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,900
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Molnar Roxanne Lynette
Bought by
Molnar Daniel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1998
Sold by
Michael Molnar Daniel
Bought by
Molnar Daniel Michael and Molnar Roxanne Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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
Corners Briliant $595,000 First American Title Company
Mccormick John F $650,000 Old Republic Title Company
Kinnell Louise -- Old Republic Title Company
Molnar Daniel Michael -- Fidelity National Title Co
Molnar Daniel Michael -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Corners Birlliant $0
Open Corners Briliant $476,000
Previous Owner Mccormick John F $519,900
Previous Owner Molnar Daniel Michael $85,000
Previous Owner Molnar Daniel Michael $65,000
Closed Mccormick John F $64,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $595,000 +48.8% $182 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $400,000 -- $122 / 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
2023 $692 $650,716 $136,704 $514,012
2022 $683 $637,958 $134,024 $503,934
2021 $762 $625,450 $131,397 $494,053
2020 $7,761 $619,038 $130,050 $488,988
2019 $7,622 $606,900 $127,500 $479,400
2018 $4,958 $400,000 $85,000 $315,000
2017 $4,915 $395,000 $76,000 $319,000
2016 $4,811 $391,000 $78,000 $313,000
2015 $4,095 $341,000 $66,000 $275,000
2014 $3,946 $325,000 $63,000 $262,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-323500PS

APN: 648-220-021