NOT LISTED FOR SALE

338 Vereda Norte Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,662,000 - $3,903,000

5 Beds
5 Baths
3,867 Sq Ft
$808/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $2,175,000 $562 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $19,574/month

87 Days on Market

About This Home

As of November 2016

This fully renovated spectacular Custom California Contemporary walled & gated Estate has sensational Mt. views & offers all of the architectural elements & amenities that Palm Springs is famous for! Walls of glass showcase the majestic views that contribute to the indoor/outdoor lifestyle! Multiple living & gathering areas indoors & out, each offer their own unique offerings & comforts. The extraordinary gourmet kitchen flows from inside to out & will delight any chef! This estate was impeccably designed & features the best of today's modern luxuries. Multiple focal points include water features, ponds & fountains. The fabulous master retreat w/ FP offers grand views & a luxurious spa like bath. The new attached casita w/ kitchenette provides separation & privacy for your guests. The south facing solar heated pool & bar is climate controlled with a mist system, fire-pit & the lush landscape adds to the tropical ambiance. The backyard area features a koi pond & is absolutely tranquil!

Last Agent to Sell the Property

Debbie Toohey

BHGRE I Leaskou Partners License #01260508 Listed on: 08/13/2016

BHGRE I Leaskou Partners

Last Buyer's Agent

Darcey Deetz

Desert Lifestyle Properties License #01374659

Desert Lifestyle Properties

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Johnson Alan and Demby Mary
Bought by
Morris Mark Francis and Back Tara Louise
Total Days on Market
87
Current Estimated Value
$3,123,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,500
Outstanding Balance
$863,351
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,282,413

Purchase Details

Listed on
Aug 13, 2016
Closed on
Nov 10, 2016
Sold by
Riggs Stephen A and Thurman Gary P
Bought by
Johnson Alan and Demby Mary
Seller's Agent
Debbie Toohey
BHGRE I Leaskou Partners
Buyer's Agent
Darcey Deetz
Desert Lifestyle Properties
List Price
$2,195,000
Sold Price
$2,175,000
Premium/Discount to List
-$20,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Oct 23, 2014
Sold by
Riggs Stephen A and Thurman Gary P
Bought by
The Revocable Living Trust Of Steven All

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2014
Sold by
Riggs Stephen A and Thurman Gary P
Bought by
The Revocable Living Trust Of Stephen Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 7, 2011
Sold by
Jones William L
Bought by
Riggs Stephen A and Thurman Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 15, 2005
Sold by
Jones William L
Bought by
Jones William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 28, 2005
Sold by
Jones William L
Bought by
Jones William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2002
Sold by
Jones William L
Bought by
Jones William L

Purchase Details

Closed on
Nov 12, 1997
Sold by
Ramirez Steven D
Bought by
Jones William L
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
Morris Mark Francis $1,925,000 Chicago Title
Johnson Alan $2,140,000 Chicago Title Company
The Revocable Living Trust Of Steven All -- Entitle Insurance Company
The Revocable Living Trust Of Stephen Al -- None Available
Riggs Stephen A $670,000 Orange Coast Title
Jones William L -- --
Jones William L -- Fidelity National Title Co
Jones William L -- --
Jones William L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Mark Francis $962,500
Previous Owner The Revocable Living Trust Of Steven All $600,000
Previous Owner Riggs Stephen A $469,000
Previous Owner Jones William L $665,000
Previous Owner Jones William L $250,000
Previous Owner Jones William L $677,161
Previous Owner Jones William L $639,500
Previous Owner Jones William L $40,000
Previous Owner Jones William L $650,000
Previous Owner Jones William L $205,000
Previous Owner Jones William L $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $2,175,000 -0.9% $562 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $2,195,000 -- $568 / 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
2023 $25,108 $2,002,770 $145,656 $1,857,114
2022 $25,624 $1,963,500 $142,800 $1,820,700
2021 $25,096 $1,925,000 $140,000 $1,785,000
2020 $28,492 $2,270,985 $795,906 $1,475,079
2019 $27,992 $2,226,456 $780,300 $1,446,156
2018 $27,459 $2,182,800 $765,000 $1,417,800
2017 $27,051 $2,140,000 $750,000 $1,390,000
2016 $9,450 $748,891 $284,357 $464,534
2015 $8,628 $700,215 $280,086 $420,129
2014 $8,534 $686,500 $274,600 $411,900
Source: Public Records

Agents Affiliated with this Home

  • Debbie Toohey

    Seller's Agent in 2016

    Debbie Toohey

    BHGRE I Leaskou Partners

    (760) 558-4447

    25 Total Sales

    Section Image
  • Darcey Deetz

    Buyer's Agent in 2016

    Darcey Deetz

    Desert Lifestyle Properties

    (760) 808-1449

    1 in this area

    273 Total Sales

    Darcey Deetz
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 16-153036

California Desert Association of REALTORS®

APN: 505-174-011

California Riverside County Palm Springs 92262 Old Las Palmas

338 Vereda Norte, Palm Springs, CA

This home is located at 338 Vereda Norte, Palm Springs, CA 92262 since 13 August 2016 and is currently estimated at $3,123,173, approximately $807 per square foot. This property was built in 1937. 338 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.

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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