NOT LISTED FOR SALE

350 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,333,000 - $3,653,000

5 Beds
5 Baths
4,300 Sq Ft
$715/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $1,560,000 $363 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $18,240/month

88 Days on Market

About This Home

As of February 2016

In historic Old Las Palmas, this private, secure estate has 5 bedrooms, 4 ~ baths with 4,300 sq. ft. of living space. This light and bright home has new energy efficient windows and doors. The gourmet kitchen is equipped with stainless GE Monogram appliances including wine chiller and trash compacter. There are three HVAC zones and an evaporative cooling system. The home has expansive multiple living/family entertaining areas with large closets and storage. The terrazzo decking throughout the back yard is surrounded by lush landscaping that includes a Koi pond, fire pit and an outdoor kitchen. There is a new large salt water pool with therapeutic spa. The home has a circular tiled driveway plus two garages to accommodate multiple cars. Four fireplaces complete the package.

Last Agent to Sell the Property

Jonathan Hunt

Berkshire Hathaway HomeServices California Properties License #01010969 Listed on: 09/27/2015

Co-Listed By

John Mitchell

Berkshire Hathaway HomeServices California Properties License #01261064

Last Buyer's Agent

Jonathan Hunt

Berkshire Hathaway HomeServices California Properties License #01010969

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,198

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Entry Location: Ground Level w/steps
  • Active Date: 2015-09-27
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Building Size: 4300.0
  • Building Structure Style: Mediterranean
  • Driving Directions: FROM N. PALM CANYON DR., GO WEST ON VEREDA SUR. HOME IS LOCATED ON THE NORTH SIDE OF THE STREET.
  • Full Street Address: 350 W VEREDA SUR
  • Lot Location: City
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2016-02-10
  • Property Condition: Updated/Remodeled
  • Spa Construction: Gunite
  • Spa Descriptions: Heated - Gas
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Eating Areas: Breakfast Area, Breakfast Room, Formal Dining Rm
  • Appliances: Built-In BBQ, Range, Built-Ins
  • Advertising Remarks: In historic Old Las Palmas, this private, secure estate has 5 bedrooms, 4 ~ baths with 4,300 sq. ft. of living space. This light and bright home has new energy efficient windows and doors. The gourmet kitchen is equipped with stainless GE Monogram applian
  • Total Bedrooms: 5
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: Ground Level, One Level
  • Spa: Yes
  • Interior Amenities: Bar, Storage Space
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Appliances: Bar Ice Maker, Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Carpet, Terrazzo
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 16117
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Other Features: Barbecue Private, Energy Efficient, Koi Pond
  • Patio: Covered Porch
  • Windows: Double Pane Windows
  • Roofing: Barrel Tile

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Covered Parking, Driveway - Pavers, Driveway Gate, Gated
  • Parking Spaces Total: 4
  • Parking Type: Garage - 4+ Doors

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air
  • Security: Security System - Owned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Landscaped

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2015
Closed on
Dec 16, 2015
Sold by
Toia Anthony J
Bought by
Dempsey Todd L and The Todd L Depsey Trust
Seller's Agent
Jonathan Hunt
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jonathan Hunt
Berkshire Hathaway HomeServices California Properties
List Price
$1,678,000
Sold Price
$1,560,000
Premium/Discount to List
-$118,000
-7.03%
Current Estimated Value
$3,076,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,516,234
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jan 4, 2010
Sold by
Toia Anthony J and Kirby John T
Bought by
Toia Anthony J and The Toia Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2008
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2008
Sold by
Taxman Steven B
Bought by
Washington Mutual Bank

Purchase Details

Closed on
May 17, 2005
Sold by
Eichenhofer George J
Bought by
Taxman Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2004
Sold by
Cook Kendall R
Bought by
Eichenhofer George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2002
Sold by
Cook Kendall R
Bought by
Cook Kendall R and Kendall R Cook Revocable Trust

Purchase Details

Closed on
Oct 31, 2001
Sold by
Cook Kendall R
Bought by
Cook Kendall R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.73%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Cook Kendall R
Bought by
Cook Kendall R

Purchase Details

Closed on
Dec 13, 1996
Sold by
Stein Mary Morris and Stein M F
Bought by
Cook Kendall R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

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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
Dempsey Todd L $1,560,000 None Available
Toia Anthony J -- Lawyers Title Company
Jpmorgan Chase Bank National Association -- Servicelink
Toia Anthony J $865,000 Chicago Title
Washington Mutual Bank $1,100,000 Servicelink
Taxman Steven B $1,450,000 First American Title Company
Eichenhofer George J $1,200,000 First American Title Co
Cook Kendall R -- --
Cook Kendall R -- Lawyers Title Company
Cook Kendall R -- --
Cook Kendall R $449,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toia Anthony J $406,000
Previous Owner Toia Anthony J $417,000
Previous Owner Toia Anthony J $417,000
Previous Owner Taxman Steven B $1,440,000
Previous Owner Taxman Steven B $1,000,000
Previous Owner Eichenhofer George J $23,702
Previous Owner Eichenhofer George $153,000
Previous Owner Eichenhofer George J $450,000
Previous Owner Eichenhofer George J $960,000
Previous Owner Cook Kendall R $130,000
Previous Owner Cook Kendall R $150,000
Closed Eichenhofer George J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2016 02/09/16 Sold $1,560,000 -7.0% $363 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $1,678,000 -- $390 / 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 $22,198 $1,846,717 $646,350 $1,200,367
2023 $22,198 $1,775,008 $621,252 $1,153,756
2022 $22,650 $1,740,205 $609,071 $1,131,134
2021 $22,182 $1,706,084 $597,129 $1,108,955
2020 $21,166 $1,688,592 $591,007 $1,097,585
2019 $20,794 $1,655,483 $579,419 $1,076,064
2018 $20,398 $1,623,023 $568,058 $1,054,965
2017 $20,094 $1,591,200 $556,920 $1,034,280
2016 $11,976 $952,922 $282,828 $670,094
2015 $11,514 $938,611 $278,581 $660,030
2014 $11,397 $920,226 $273,125 $647,101
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jonathan Hunt

    Berkshire Hathaway HomeServices California Properties

  • J

    Seller Co-Listing Agent in 2016

    John Mitchell

    Berkshire Hathaway HomeServices California Properties

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Map

Source: The MLS

MLS Number: 15-933701PS

The MLS

APN: 505-201-010

California Riverside County Palm Springs 92262 Old Las Palmas

350 W Vereda Sur, Palm Springs, CA

This home is located at 350 W Vereda Sur, Palm Springs, CA 92262 since 27 September 2015 and is currently estimated at $3,076,234, approximately $715 per square foot. This property was built in 1963. 350 W Vereda Sur 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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