NOT LISTED FOR SALE

407 W Vereda Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,652,000 - $3,599,000

5 Beds
7 Baths
4,451 Sq Ft
$727/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $1,800,000 $404 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $19,517/month

36 Days on Market

About This Home

As of May 2018

1935 Spanish Colonial gated estate in the heart of Old Las Palmas. Most of the original architecture has been preserved. Current appraisal $1,975,000! Dark hardwood floors, saltillo tile, wood & steel casement windows ,new carpet, custom cabinetry, gourmet kitchen with stainless appliances, butlers pantry, and wet bar all with granite counter tops. Exceptional floor plan, all bedrooms are en suites. Attached Casita with an eat in kitchen. Main floor has 2 bedrooms, spacious Master and 4th bedroom on the 2nd floor. Master Suite has a sitting area with fireplace and access onto 2 view balconies. Formal living area with fireplace, main floor office (or 5th bedroom),dining area & family room with a series of French doors opening to a covered patio, large yard, rolling lawn, saltwater pool, spa and swim up bar surrounded by mountain views. Wet bar service room with wood framed windows that open to the outdoor patio. Formal entry, wide wood & tile staircase and original iron hand rails.

Last Agent to Sell the Property

Nalo Jones

Realty Trust License #01257645 Listed on: 02/27/2018

Last Buyer's Agent

J Conrad Miller

Berkshire Hathaway Home Services California Properties License #01973983

Berkshire Hathaway Home Services California Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,205

Year Built

1935

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps, Main Level
  • Active Date: 2018-02-27
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Building Size: 4451.0
  • Building Structure Style: Spanish Colonial
  • Doors: French Doors
  • Driving Directions: From North Palm Canyon turn west on Vereda Sur. Property will be on your right (south side of the street).
  • Full Street Address: 407 W VEREDA SUR
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2018-05-25
  • Property Condition: Updated/Remodeled
  • Spa Construction: In Ground
  • Spa Descriptions: Private Spa
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Bathroom Features: Shower and Tub, Shower Stall, Tile
  • Bedroom Features: Main Floor Bedroom, Master Bedroom, Master Retreat, Master Suite
  • Eating Areas: Dining Area, Breakfast Counter / Bar, Breakfast Room, Family Room, Kitchen Island
  • Appliances: Range, Built-In Gas, Cooktop - Gas, Oven
  • Advertising Remarks: 1935 Spanish Colonial gated estate in the heart of Old Las Palmas. Most of the original architecture has been preserved. Current appraisal $1,975,000! Dark hardwood floors, saltillo tile, wood & steel casement windows ,new carpet, custom cabinetry, gourme
  • Total Bedrooms: 5
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: Two Level
  • Spa: Yes
  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Wet Bar, Furnished
  • Fireplace Rooms: Living Room, Master Bedroom, Master Retreat
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Hardwood, Pavers
  • Kitchen Features: Granite Counters, Island, Open to Family Room, Remodeled
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 17860
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces North
  • Entry Floor: 1
  • Construction: Stucco, Wood
  • Foundation: Foundation - Concrete Slab
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: GuestHouse, Guest House Attached
  • Patio: Covered Porch, Covered, Patio Open
  • Fence: Block Wall, Stucco Wall, Wrought Iron
  • Windows: Drapes/Curtains, Window Shutters
  • Roofing: Flat Roof, Tile
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Driveway, Driveway Gate, Gated
  • Parking Type: Garage, Garage - Two Door, Garage Is Detached

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Central Furnace, Forced Air
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Automatic Gate, Landscaped, Lot-Level/Flat, Yard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2019
Sold by
Swinford Brian Ray
Bought by
Sixteen Palms Llc
Current Estimated Value
$3,236,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,166,822
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,271,559

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 27, 2018
Sold by
Hadley John W and Hadley Barbara A
Bought by
Swinford Brian Ray and Brian Ray Swinford Living Trust
Seller's Agent
Nalo Jones
Realty Trust
Buyer's Agent
J Conrad Miller
Berkshire Hathaway Home Services California Properties
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$1,350,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2009
Sold by
Spector David A
Bought by
Hadley John W and Hadley Barbara A

Purchase Details

Closed on
Jun 19, 2003
Sold by
Donenfeld Michael Z and Donenfeld Tracy L
Bought by
Spector David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,400
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2003
Sold by
M 3 Development Llc
Bought by
Donenfeld Michael Z and Donenfeld Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2001
Sold by
Donenfeld Michael Z and Donenfeld Tracy L
Bought by
3 Development Llc

Purchase Details

Closed on
Mar 19, 2001
Sold by
Smith Barbara E
Bought by
Donenfeld Michael and Donenfeld Tracy

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
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1993
Sold by
Zahorik Constance G
Bought by
Smith Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
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
Sixteen Palms Llc -- Commonwealth Land Title
Swinford Brian Ray $1,800,000 Orange Coast Title
Hadley John W $1,222,000 Lawyers Title Company
Spector David A $1,067,000 First American Title Co
Donenfeld Michael Z -- First American Title Ins Co
3 Development Llc -- --
Donenfeld Michael $750,000 First American Title Co
Smith Barbara E $435,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sixteen Palms Llc $1,350,000
Previous Owner Swinford Brian Ray $1,350,000
Previous Owner Hadley John W $1,200,000
Previous Owner Hadley John W $1,000,000
Previous Owner Hadley John W $500,000
Previous Owner Spector David A $500,000
Previous Owner Spector David A $213,400
Previous Owner Spector David A $853,600
Previous Owner Donenfeld Michael Z $593,000
Previous Owner Donenfeld Michael $600,000
Previous Owner Smith Barbara E $304,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $1,800,000 -2.7% $404 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $1,850,000 -5.1% $416 / Sq Ft
02/27/2018 02/27/18 For Sale $1,950,000 -- $438 / 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 $24,205 $2,007,929 $702,774 $1,305,155
2023 $24,205 $1,929,961 $675,486 $1,254,475
2022 $24,702 $1,892,120 $662,242 $1,229,878
2021 $24,194 $1,855,020 $649,257 $1,205,763
2020 $23,085 $1,836,000 $642,600 $1,193,400
2019 $23,129 $1,836,000 $642,600 $1,193,400
2018 $17,495 $1,383,015 $553,204 $829,811
2017 $17,236 $1,355,898 $542,357 $813,541
2016 $16,724 $1,329,313 $531,723 $797,590
2015 $16,087 $1,309,347 $523,737 $785,610
2014 $16,246 $1,283,701 $513,479 $770,222
Source: Public Records

Agents Affiliated with this Home

  • Nalo Jones

    Seller's Agent in 2018

    Nalo Jones

    Realty Trust

    (760) 327-8000

    15 Total Sales

    Nalo Jones
    Section Image

  • S

    Seller's Agent in 2018

    Scott Timberlake

  • J Conrad Miller

    Buyer's Agent in 2018

    J Conrad Miller

    Berkshire Hathaway Home Services California Properties

    (760) 464-9559

    45 Total Sales

    J Conrad Miller
    Section Image

  • C

    Buyer's Agent in 2018

    Conrad Miller

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-317904PS

APN: 505-202-004

California Riverside County Palm Springs 92262 Old Las Palmas

407 W Vereda Sur, Palm Springs, CA

This home is located at 407 W Vereda Sur, Palm Springs, CA 92262 since 27 February 2018 and is currently estimated at $3,236,737, approximately $727 per square foot. This property was built in 1935. 407 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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