NOT LISTED FOR SALE

425 Vereda Norte Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,768,000 - $3,548,000

4 Beds
4.5 Baths
3,670 Sq Ft
$830/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $1,600,000 $436 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $18,927/month

103 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Cathedral Ceiling
  • Palm Springs High School Rated A-
  • Custom Home
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2013

A Mediterranean Villa located in one of Palm Springs most sought after neighborhoods. Words cannot describe the craftsmanship and attention to detail poured into constructing this one of a kind estate. Rustic old world charm fused with luxurious modern amenities create the perfect backdrop for your living enjoyment. Leave the world behind as you pass through the private front gate into the paved courtyard. The roomy kitchen blends brick and granite along with wood beamed ceilings, to create an environment to delight any chef. After entertaining in the separate formal dining area, escape outside on the flagstone veranda for dessert while enjoying views of the pool and San Jacinto Mountains. Relax in the inviting family room, complete with wood burning fireplace. The Master suite is fit for royalty, with dual baths, dual walk-in closets, a large steam shower, tub, incredible mountain views and patio access. The home also includes two additional en-suites bedrooms and a detached casita.

Last Agent to Sell the Property

Marc Lange

Desert Sotheby's International Realty License #01407481 Listed on: 12/07/2012

Last Buyer's Agent

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,432

Year Built

  • Built in 1946

Lot Details

  • 0.41 Acre Lot
  • North Facing Home
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard

Parking

  • Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Custom Home
  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,670 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage
  • Ceramic Tile Flooring
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Community Details

  • Old Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505192003

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,432

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Old Las Palmas
  • Building Style: Mediterranean, Spanish
  • Included In Sale: Dishwasher, washer, dryer, refrigerator, trash compactor.
  • List Price per Sq Ft: 461.85
  • Lp Sp Ratio: 0.9440
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: CWVD
  • Year Built: 1946
  • Listing I D: 21466717
  • Listing Office Address: 111 S. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 424-3017
  • Selling Office Address: 111 S. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 424-3017
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Trash Compactor, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Built-In Features, Wet Bar, Storage, Recessed Lighting, High Ceilings (9 Ft+), Cathedral Ceiling(s), Block Walls
  • Flooring: Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Primary Suite, Primary Retreat, Main Floor Primary Bedroom
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tub With Jets, Steam Shower, Remodeled, Powder Room, Linen Closet
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Formal Dining Room, Dining Area
  • Estimated Sq Ft: 3670.00
  • Windows Treatments: Custom Window Covering, Skylight(s), Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, Slab
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Fireplace(s), Zoned, Forced Air
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505192003
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.4100
  • Lot Description: Yard
  • Lot Size: 17860.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Olsen Eric W and Olsen Karen
Bought by
Pacheco Delphina A
Total Days on Market
103
Current Estimated Value
$3,047,380

Purchase Details

Listed on
Dec 7, 2012
Closed on
Apr 8, 2013
Sold by
Belt Investments Llc
Bought by
Olsen Eric W and Olsen Karen
Seller's Agent
Marc Lange
Desert Sotheby's International Realty
Buyer's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$1,795,000
Sold Price
$1,600,000
Premium/Discount to List
-$195,000
-10.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$975,000
Interest Rate
3.32%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 3, 2011
Sold by
Belt Hoyl E
Bought by
Belt Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2010
Sold by
Angel Jerome
Bought by
Belt Hoyl E

Purchase Details

Closed on
Jul 11, 2003
Sold by
Angel Jerome and Angel Anastasia
Bought by
Angel Jerome and Angel Anastacia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 17, 2001
Sold by
Angel Jerome and Angel Anastasia
Bought by
Angel Jerome and Angel Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1993
Sold by
Angel Jerome and Angel Anastasia
Bought by
Angel Jerome and Angel Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1993
Sold by
Angel Jerome and Angel Anastasia
Bought by
Angel Jerome and Angel Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1993
Sold by
Angel Jerome and Angel Anastasia
Bought by
Angel Jerome and Angel Anastasia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Palm Springs, CA

  • 535 E Via Colusa, Palm Springs, CA 92262

    $2,595,000

    • 6 Beds
    • 6.5 Baths
    • 3,554 Sq Ft
    • 535 E Via Colusa
    • Palm Springs, CA

    Price Reduction: Iconic Spanish Colonial Estate in the Movie Colony. Own an extraordinary piece of Palm Springs in the exclusive Movie Colony, a neighborhood renowned for its Hollywood glamour and timeless appeal. This expansive Spanish Colonial Revival estate, set on a private, gated lot, offers unparalleled luxury and seclusion just moments from downtown Palm Springs. Once frequented by legends

    Fatima Nordquist Beverly Hills Fine Homes

    Section Image
  • 475 W Stevens Rd, Palm Springs, CA 92262

    $2,750,000

    • 4 Beds
    • 4.5 Baths
    • 2,884 Sq Ft
    • 475 W Stevens Rd
    • Palm Springs, CA

    This dramatic Mid-Century home, located in the coveted Old Las Palmas neighborhood, offers complete privacy as well as dramatic views of the San Jacinto mountains. Built in 1955, it was re-imagined by renowned architect Lance O'Donnell, providing both drama and modern flair to the original design. Fully gated and walled, this home is truly an entertainer's delight!! Enter through a secure gate to

    Eric Lowry Coldwell Banker Realty

    Section Image
  • 1101 N Via Monte Vista, Palm Springs, CA 92262

    $2,699,000

    • 4 Beds
    • 4 Baths
    • 2,659 Sq Ft
    • 1101 N Via Monte Vista
    • Palm Springs, CA

    Imagine a world where summers are long, cocktails are strong, and life moves at a leisurely pace. Welcome to your personal slice of 1957 Americana, reimagined with today's luxury. This meticulously renovated mid-century modern home blends vintage charm with modern convenience. Picture yourself lounging by the sparkling pool, cocktail in hand, basking in the California sun. The open-concept living

    Marc Lange Equity Union

    Section Image
  • 1148 N Rose Ave, Palm Springs, CA 92262

    $2,575,000

    • 3 Beds
    • 4 Baths
    • 2,164 Sq Ft
    • 1148 N Rose Ave
    • Palm Springs, CA

    **Fully Furnished, Move in Ready** Mid-century stunner in Vista Las Palmas! Positioned for the greatest views in VLP on acclaimed Rose Avenue, this Alexander has it all. Situated for immediate enjoyment with designer furnishings and all the work is done so you can enjoy! All new finishes! tile flooring, walnut cabinetry, recessed lighting, tongue and groove ceilings, all windows and glass,

    Ross Stout eXp Realty Of Southern California Inc

    Section Image
  • 611 W Leisure Way, Palm Springs, CA 92262

    $3,395,000

    • 4 Beds
    • 4 Baths
    • 3,000 Sq Ft
    • 611 W Leisure Way
    • Palm Springs, CA

    Discover this extraordinary 1961 Mid Century Modern post and beam masterpiece, designed by renowned architect Charles Dubois. Located in the highly sought-after Vista Las Palmas neighborhood, this vibrant property is sold turn-key furnished and ready for immediate enjoyment. Step inside this walled and gated compound to find a true oasis bursting with bold colors and striking textures that

    Richard Guelich Guelich CalNative Real Estate

    Section Image
  • 367 Tamarisk Rd, Palm Springs, CA 92262

    $3,395,000

    • 5 Beds
    • 5 Baths
    • 3,504 Sq Ft
    • 367 Tamarisk Rd
    • Palm Springs, CA

    Welcome to this charming 1936 Spanish Colonial home located in the heart of the historic Movie Colony. Recently upgraded with numerous enhancements, this beautiful property offers a seamless blend of historic character, classic charm and modern elegance. Featuring an updated kitchen and bathrooms, all thoughtfully redesigned to honor the home's original aesthetic. Beamed ceilings and deep red

    James Bianco Coldwell Banker Realty

    Section Image
  • 775 W Racquet Club Rd, Palm Springs, CA 92262

    $2,495,000

    • 4 Beds
    • 5 Baths
    • 3,721 Sq Ft
    • 775 W Racquet Club Rd
    • Palm Springs, CA

    Don't miss the upcoming Open House! Featuring floor-to-ceiling windows, soaring 10+ ft ceilings, and seamless indoor-outdoor living with 360 degree mountain views! Enjoy a resort-style pool, gourmet kitchen, and spa-like baths. Perfect for entertaining, vacation living, or rental investment. Prime location near golf, shopping, and dining. Don't miss this exclusive open house! Experience the

    Christine Binge Curb Realty

    Section Image
  • 540 N Phillips Rd, Palm Springs, CA 92262

    $2,499,000

    • 5 Beds
    • 4 Baths
    • 2,378 Sq Ft
    • 540 N Phillips Rd
    • Palm Springs, CA

    Remodeled, five bedrooms including a casita, pool, spa, fire pit, outdoor bbq and shower, and two blocks from down town Palm Springs in Movie Colony! This one checks all the boxes as a short term rental, income, primary, or secondary home. Located on a cul de sac with ample driveway parking and a two car garage. Enter into a formal living and dining area with vaulted ceilings and designer

    Ross Stout eXp Realty Of Southern California Inc

    Section Image
  • 505 N Camino Real, Palm Springs, CA 92262

    $2,635,000

    • 4 Beds
    • 4 Baths
    • 3,428 Sq Ft
    • 505 N Camino Real
    • Palm Springs, CA

    Welcome to your LIFESTYLE dream home in the iconic Movie Colony area of Palm Springs. This 4-bedroom, 4-bathroom residence offers a stylish, modern living space, custom-designed for both relaxation and entertainment. Nestled on a large corner lot, this property boasts exceptional mountain views and an expansive outdoor entertainment patio, citrus trees and lawn area. Step inside to discover an

    Doug Balog Compass

    Section Image
See All Homes in Palm Springs

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
Pacheco Delphina A $1,700,000 First American Title
Olsen Eric W $1,600,000 First American Title
Belt Investments Llc -- None Available
Belt Hoyl E $1,300,000 Lawyers Title Company
Angel Jerome -- --
Angel Jerome -- Orange Coast Title
Angel Jerome -- --
Angel Jerome -- First American Title Insuran
Angel Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Eric W $975,000
Previous Owner Belt Investments Llc $1,135,000
Previous Owner Belt Hoyl E $785,000
Previous Owner Angel Jerome $484,000
Previous Owner Angel Jerome $500,000
Previous Owner Angel Jerome $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $1,600,000 -5.6% $436 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/05/2013 02/05/13 Price Changed $1,695,000 -5.6% $462 / Sq Ft
12/07/2012 12/07/12 For Sale $1,795,000 -- $489 / 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 $22,432 $1,787,001 $147,164 $1,639,837
2022 $22,892 $1,751,963 $144,279 $1,607,684
2021 $22,421 $1,717,611 $141,450 $1,576,161
2020 $21,468 $1,705,859 $597,049 $1,108,810
2019 $21,092 $1,672,412 $585,343 $1,087,069
2018 $20,692 $1,639,620 $573,866 $1,065,754
2017 $20,385 $1,607,471 $562,614 $1,044,857
2016 $19,779 $1,575,953 $551,583 $1,024,370
2015 $19,028 $1,552,283 $543,299 $1,008,984
2014 $18,852 $1,521,877 $532,657 $989,220
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marc Lange

    Desert Sotheby's International Realty

  • Louise Hampton

    Buyer's Agent in 2013

    Louise Hampton

    Berkshire Hathaway HomeServices California Properties

    (760) 320-4586

    26 in this area

    131 Total Sales

    Louise Hampton
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21466717

California Desert Association of REALTORS®

APN: 505-192-003

California Riverside County Palm Springs 92262 Old Las Palmas

425 Vereda Norte, Palm Springs, CA

This home is located at 425 Vereda Norte, Palm Springs, CA 92262 since 07 December 2012 and is currently estimated at $3,047,380, approximately $830 per square foot. This property was built in 1946. 425 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.

Nearby Homes