NOT LISTED FOR SALE

2955 Searchlight Ln Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $1,093,860 - $1,602,000

3 Beds
2.5 Baths
2,262 Sq Ft
$604/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $549,500 $243 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $8,090/month

60 Days on Market

Highlights

  • Heated Spa
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Palm Springs High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of February 2012

Luminaire Encore-27 new homes currently under construction in this very desirable South Palm Springs location. Energy efficiency is the key word in the design of each 2 and/or 3 bedroom home. Each home is Solar Powered by roof mounted solar panels designed to produce up to about 60% of these home's electrical usage. An approximate $6,000 first year tax credit is available to homeowners along with an appreciable annual property tax reduction. Tankless water heaters, variable speed pool pumps, low flush volume toilets and Energy Star appliances top the list of energy efficient items included. Enjoy your own private swimming pool with spa. Versatile floor plans allow homebuyers to choose various room configurations. A wide range of standard features and options are currently available for buyer selection. On site sales office is open Friday through Tuesday and by appointment on Wednesday and Thursday. Please visit our website at Farwestindustries.com'' for more information.

Last Agent to Sell the Property

James Rees

CADO Real Estate License #00512448 Listed on: 10/18/2011

Last Buyer's Agent

Dean Sipe

License #01789257

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,995

Year Built

  • Built in 2011

Lot Details

  • 6,300 Sq Ft Lot
  • North Facing Home
  • Block Wall Fence
  • Level Lot
  • Drip System Landscaping

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Stucco Exterior

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Pane Windows
  • Entryway
  • Great Room
  • Den
  • Mountain Views

Kitchen

  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Heated Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Construction
  • Covered Patio or Porch
  • Ground Level

Community Details

  • Built by Far West Industries
  • Luminaire Subdivision, Scene 2 Floorplan
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 510360024
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,995

Year Built

Built in 2011

Lot Details

0

HOA Fees

$102 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builder Model Name: Scene 2
  • Builder Name: Far West Industries
  • Builders Tract Code: Luminaire
  • Building Style: Contemporary, Modern
  • Entry Location: Main Level
  • List Price per Sq Ft: 242.93
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2011
  • Listing I D: 21439277
  • Listing Member Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Listing Office Address: 227 Las Lomas, Attn: James Rees, Palm Desert, CA 92260
  • Listing Office Fax: (760) 341-8419
  • Selling Office Address: 1248 CEDAREDGE AVE, LOS ANGELES, CA 90041
  • Land Type: Fee
  • Subdivision: Luminaire
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Gas Dryer Hookup, Water Line to Refrigerator
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings (9 Ft+)
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Low Flow Toilet(s), Shower & Tub, Shower Stall
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Kitchen Island
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2262.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Energy Efficient
  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Tankless

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 102.00
  • Total Monthly Association Fees: 102.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 510360024
  • Irrigation: Drip System
  • Lot Acres: 0.1400
  • Lot Description: Level
  • Lot Size: 6300.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2011
Closed on
Feb 27, 2012
Sold by
Morris Jan E
Bought by
Vinkler Jacqueline
Seller's Agent
James Rees
CADO Real Estate
Buyer's Agent
Dean Sipe
List Price
$549,500
Sold Price
$549,500
Current Estimated Value
$1,365,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$815,715
Avg. Annual Appreciation
6.94%
Original Mortgage
$380,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jan 20, 2012
Sold by
Far West Industries
Bought by
Vinkler Jacqueline
Seller's Agent
James Rees
CADO Real Estate
Buyer's Agent
Dean Sipe
List Price
$549,500
Sold Price
$549,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
Palm Springs Village 309 Llc
Bought by
Lissoy Albert O and Lissoy Family Trust

Purchase Details

Closed on
Dec 13, 2010
Sold by
Crv Palm Springs Lp
Bought by
Palm Springs Village 309 Llc
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
Vinkler Jacqueline -- First American Title Nhs
Vinkler Jacqueline $549,500 First American Title Nhs
Far West Industries -- First American Title Nhs
Lissoy Albert O -- None Available
Palm Springs Village 309 Llc $2,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinkler Jacqueline $380,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $549,500 0.0% $243 / Sq Ft
12/17/2011 12/17/11 Pending -- -- --
10/18/2011 10/18/11 For Sale $549,500 -- $243 / 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 $8,995 $690,186 $172,543 $517,643
2024 $8,995 $676,654 $169,160 $507,494
2023 $8,995 $663,388 $165,844 $497,544
2022 $9,166 $650,382 $162,593 $487,789
2021 $8,977 $637,630 $159,405 $478,225
2020 $8,580 $631,093 $157,771 $473,322
2019 $8,430 $618,720 $154,678 $464,042
2018 $8,269 $606,590 $151,646 $454,944
2017 $8,136 $594,697 $148,673 $446,024
2016 $7,891 $583,037 $145,758 $437,279
2015 $7,588 $574,280 $143,569 $430,711
2014 $7,506 $563,032 $140,757 $422,275
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    James Rees

    CADO Real Estate

  • D

    Buyer's Agent in 2012

    Dean Sipe

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21439277

California Desert Association of REALTORS®

APN: 510-360-024

California Riverside County Palm Springs 92264 Araby Commons

2955 Searchlight Ln, Palm Springs, CA

This home is located at 2955 Searchlight Ln, Palm Springs, CA 92264 since 18 October 2011 and is currently estimated at $1,365,215, approximately $603 per square foot. This property was built in 2011. 2955 Searchlight Ln is a home located in Riverside County with nearby schools including Cahuilla 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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