NOT LISTED FOR SALE

4003 E Paseo Luisa Palm Springs, CA 92264

Demuth Park Neighborhood

Estimated Value: $679,000 - $970,000

4 Beds
3 Baths
2,385 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 24, 2013

Last sale price $269,000 $113 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $4,563/month

124 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Bungalow
  • Palm Springs High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of September 2013

Back on the market!! Investors Dream! RV Parking, Two separate residences. New flooring installed 008/01/2013. The main home features 3 bedroom, 2 baths, Sauna. The attached Apartment/Casita is a one bedroom, kitchen and bath with separate entrance and parking. The main home features exposed wood beams, a brick fireplace, updated kitchen with granite and glass tile back splash, and vintage hardwood floor. Huge pool size lot that features majestic views of the mountains. This potential income producing property is a great value per sq ft. Standard sale, seller is motivated and wants this sold.

Last Agent to Sell the Property

Michelle Terrazas

Lodestone Real Estate License #00885400 Listed on: 07/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,067

Year Built

  • Built in 1946

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 2,385 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 94
  • Assessor Parcel Number 680137001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,067

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Demuth Park (33443)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 680137001
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2385.00
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 112.79
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 78
  • Tax Tract Number: 094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 18, 2013
Sold by
Mhm Development Corporation
Bought by
Shapiro Orit
Seller's Agent
Michelle Terrazas
Lodestone Real Estate
List Price
$289,500
Sold Price
$269,000
Premium/Discount to List
-$20,500
-7.08%
Current Estimated Value
$775,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,224
Avg. Annual Appreciation
9.16%
Original Mortgage
$208,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2012
Closed on
Aug 17, 2012
Sold by
Hemming Stefan
Bought by
Mhm Developnent Corporation
Seller's Agent
Vicki Sue Jarvis
Buyer's Agent
Michelle Terrazas
Lodestone Real Estate
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.93%

Purchase Details

Closed on
Sep 13, 2010
Sold by
Larsson Lars N and Larsson Glendy Marlene
Bought by
Hemming Stefan

Purchase Details

Closed on
Jan 11, 2007
Sold by
Larsson Glendy Marlene and Larsson Lars N
Bought by
Larsson Lars N and Larsson Glendy Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 17, 2005
Sold by
Brown Charles E and Brown Joy
Bought by
Larrson Lars N and Larsson Glendy Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2002
Sold by
Brown Charles E
Bought by
Brown Charles E and Brown Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Brown Joy
Bought by
Brown Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Wallrapp Scott Andrew
Bought by
Brown Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1999
Sold by
Brustin Noah
Bought by
Wallrapp Scott Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 16, 1998
Sold by
Hud
Bought by
Wallrapp Scott Andrew and Brustin Noah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,223
Interest Rate
6.77%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1998
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 18, 1997
Sold by
Mediano Samuel A
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Feb 2, 1994
Sold by
Mediano Clara M
Bought by
Mediano Samuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,387
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1993
Sold by
Joyce Paula
Bought by
Mediano Samuel A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shapiro Orit $260,000 First American Title Company
Mhm Developnent Corporation $215,000 Chicago Title Company
Hemming Stefan $135,000 Chicago Title Company
Larsson Lars N -- First Amer Title San Diego
Larrson Lars N $384,000 New Century Title Company
Brown Charles E -- First American Title Co
Brown Charles E -- First American Title
Brown Charles E $202,000 Commonwealth Land Title Co
Wallrapp Scott Andrew -- Stewart Title
Wallrapp Scott Andrew $83,500 Old Republic Title
Hud -- Fidelity National Title Ins
Nationsbanc Mtg Corp $91,645 United Title Company
Mediano Samuel A $85,000 First American Title Ins Co
Mediano Samuel A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Orit $205,200
Closed Shapiro Orit $208,000
Previous Owner Larsson Lars N $60,000
Previous Owner Larsson Lars N $388,000
Previous Owner Larrson Lars N $307,200
Previous Owner Brown Charles E $199,500
Previous Owner Brown Charles E $20,000
Previous Owner Brown Charles E $200,000
Previous Owner Wallrapp Scott $50,000
Previous Owner Brown Charles E $199,143
Previous Owner Wallrapp Scott A $138,000
Previous Owner Wallrapp Scott Andrew $3,000
Previous Owner Wallrapp Scott Andrew $113,625
Previous Owner Wallrapp Scott Andrew $83,223
Previous Owner Mediano Samuel A $85,387
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2013 09/24/13 Sold $269,000 -3.9% $113 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
08/07/2013 08/07/13 Price Changed $280,000 -3.3% $117 / Sq Ft
07/12/2013 07/12/13 For Sale $289,500 0.0% $121 / Sq Ft
07/12/2013 07/12/13 Price Changed $289,500 +7.6% $121 / Sq Ft
06/25/2013 06/25/13 Off Market $269,000 -- --
06/25/2013 06/25/13 For Sale $279,500 +3.9% $117 / Sq Ft
06/24/2013 06/24/13 Off Market $269,000 -- --
06/20/2013 06/20/13 For Sale $279,500 +3.9% $117 / Sq Ft
06/19/2013 06/19/13 Off Market $269,000 -- --
06/18/2013 06/18/13 For Sale $279,500 0.0% $117 / Sq Ft
06/18/2013 06/18/13 Price Changed $279,500 +3.9% $117 / Sq Ft
05/28/2013 05/28/13 Off Market $269,000 -- --
05/04/2013 05/04/13 Price Changed $265,000 -1.9% $111 / Sq Ft
04/23/2013 04/23/13 Price Changed $270,000 -27.0% $113 / Sq Ft
04/15/2013 04/15/13 For Sale $370,000 +72.1% $155 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
08/08/2012 08/08/12 Sold $215,000 0.0% $90 / Sq Ft
08/01/2012 08/01/12 For Sale $215,000 -- $90 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,067 $318,713 $79,674 $239,039
2023 $4,067 $306,338 $76,581 $229,757
2022 $4,146 $300,332 $75,080 $225,252
2021 $4,065 $294,444 $73,608 $220,836
2020 $3,889 $291,426 $72,854 $218,572
2019 $3,824 $285,713 $71,426 $214,287
2018 $3,755 $280,112 $70,027 $210,085
2017 $3,701 $274,620 $68,654 $205,966
2016 $3,596 $269,236 $67,308 $201,928
2015 $3,446 $265,194 $66,298 $198,896
2014 $3,396 $260,000 $65,000 $195,000
Source: Public Records

Agents Affiliated with this Home

  • Michelle Terrazas

    Seller's Agent in 2013

    Michelle Terrazas

    Lodestone Real Estate

    (951) 743-8044

    45 Total Sales

    Michelle Terrazas
    Section Image

  • V

    Seller's Agent in 2012

    Vicki Sue Jarvis

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW13067035

California Regional Multiple Listing Service (CRMLS)

APN: 680-137-001

California Riverside County Palm Springs 92264 Demuth Park

4003 E Paseo Luisa, Palm Springs, CA

This home is located at 4003 E Paseo Luisa, Palm Springs, CA 92264 since 12 July 2013 and is currently estimated at $775,224, approximately $325 per square foot. This property was built in 1946. 4003 E Paseo Luisa 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 Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes