NOT LISTED FOR SALE

299 Vereda Norte Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,172,261 - $2,510,000

4 Beds
4 Baths
2,346 Sq Ft
$997/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $1,430,000 $610 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,979/month

13 Days on Market

About This Home

As of May 2018

Located in Old Las Palmas, the "Beverly Hills of the Desert". Mid Century, single level home with original details and craftsmanship displayed in the 10 ft. vaulted ceilings. Situated on the SE corner of Vereda Norte, close to downtown Palm Springs. Walk or bike to fabulous restaurants, shopping and entertainment. This unique 4 Bedroom 4 Bathroom home offers 2 original stone fireplaces. One in the living room is open to the formal dining room. Breathtaking views; the majestic mountains are always in full sight from the living room with large glass sliding doors always bringing the outside in! The entire patio has a tiled deck with automatic shades, tranquil fountain and yard art. South West facing patios look out onto a lush yard with aromatic fruit trees and a tiffany blue tiled pool. The guest suite has its own entrance and covered patio. Large window in kitchen, light & bright. This hidden gem has lots of potential at a great price. Priced to sell. Home sold furnished.

Last Agent to Sell the Property

Cathy Kimball

Berkshire Hathaway Home Services California Properties License #01966184 Listed on: 03/26/2018

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,665

Year Built

1958

Lot Details

0

Listing Details

  • Active Date: 2018-03-26
  • Full Bathroom: 4
  • Building Size: 2346.0
  • Building Structure Style: Mid Century
  • Driving Directions: North Palm Canyon, to Vereda Norte. SouthWest Corner
  • Full Street Address: 299 VEREDA NORTE
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2018-05-08
  • View Type: Mountain View, Panoramic View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Built-In BBQ, Built-Ins, Microwave, Range
  • Advertising Remarks: Located in Old Las Palmas, known as the "Beverly Hills of the Desert". Mid Century, single level home with original details and craftsmanship displayed in the 10 ft. vaulted ceilings. Sought after location, situated on the SE corner of Vereda Norte, clo
  • Total Bedrooms: 4
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: One Level
  • Interior Amenities: Furnished
  • Fireplace Rooms: Den, Dining, Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace Features: See Through
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Ceramic Tile, Travertine
  • Kitchen Features: Pantry
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 15246
  • Common Walls: Detached/No Common Walls
  • Patio: Covered Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Features: Driveway
  • Parking Type: Garage Is Attached, Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central Furnace, Fireplace, Wall Heater

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 11, 2018
Sold by
Rahmer Daniel
Bought by
Kimble Charles
Seller's Agent
Cathy Kimball
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,495,000
Sold Price
$1,430,000
Premium/Discount to List
-$65,000
-4.35%
Current Estimated Value
$2,253,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,721
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jul 12, 2017
Sold by
Alhadeff Linda R
Bought by
Rahmer Linda

Purchase Details

Closed on
Dec 4, 2007
Sold by
Deasy Michael P
Bought by
Alhadeff Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2007
Sold by
Forest Knoll Llc
Bought by
Deasy Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,750
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2004
Sold by
Carlson Gary B and Moore Paul M
Bought by
Forest Knoll Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
3.67%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 1994
Sold by
Shepard Joan S and Finnerty Cynthia S
Bought by
Moore Paul M and Carlson Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.53%
Mortgage Type
Seller Take Back
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
Kimble Charles $1,430,000 Landwood Title
Rahmer Linda -- None Available
Alhadeff Linda R $1,225,000 Landamerica Commonwealth
Deasy Michael P -- Accommodation
Forest Knoll Llc $1,175,000 Commonwealth Land Title Co
Moore Paul M $270,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimble Charles $1,000,000
Previous Owner Alhadeff Linda R $980,000
Previous Owner Deasy Michael P $933,750
Previous Owner Forest Knoll Llc $881,250
Previous Owner Carlson Gary B $400,000
Previous Owner Moore Paul M $100,000
Previous Owner Moore Paul M $25,000
Previous Owner Moore Paul M $10,000
Previous Owner Moore Paul M $303,000
Previous Owner Moore Paul M $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $1,430,000 -4.3% $610 / Sq Ft
03/26/2018 03/26/18 For Sale $1,495,000 -- $637 / 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 $19,665 $1,627,090 $569,481 $1,057,609
2023 $19,665 $1,563,910 $547,368 $1,016,542
2022 $20,067 $1,533,246 $536,636 $996,610
2021 $19,656 $1,503,183 $526,114 $977,069
2020 $18,758 $1,487,771 $520,720 $967,051
2019 $18,714 $1,458,600 $510,510 $948,090
2018 $17,796 $1,414,137 $424,237 $989,900
2017 $14,170 $1,118,000 $335,000 $783,000
2016 $12,002 $955,000 $286,000 $669,000
2015 $11,397 $929,000 $279,000 $650,000
2014 $9,900 $798,000 $239,000 $559,000
Source: Public Records

Agents Affiliated with this Home

  • Cathy Kimball

    Seller's Agent in 2018

    Cathy Kimball

    Berkshire Hathaway Home Services California Properties

    (760) 399-6826

    10 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-324220PS

APN: 505-211-001

California Riverside County Palm Springs 92262 Old Las Palmas

299 Vereda Norte, Palm Springs, CA

This home is located at 299 Vereda Norte, Palm Springs, CA 92262 since 26 March 2018 and is currently estimated at $2,339,565, approximately $997 per square foot. This property was built in 1958. 299 Vereda Norte 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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