NOT LISTED FOR SALE

503 S Calle Palo Fierro Palm Springs, CA 92264

Warm Sands Neighborhood

Estimated Value: $558,000 - $785,000

3 Beds
2 Baths
1,296 Sq Ft
$541/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $360,000 $278 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,551/month

46 Days on Market

About This Home

As of November 2016

SPANISH CHARM throughout on this Vintage Romantic 1928 Spanish-Adobe Duplex in a Prime Warm Sands Location. No HOA and Fee Simple Land. May have been an Original SFR, now 2 units may be combined into a 3 bedroom 2 bath SFR. This property is bursting with character and magic. Maintained in its original style of old world charm. Electrical , Windows and plumbing have been upgraded. One unit has a newer kitchen and newer appliances, other is original. Sitting proudly behind custom block walls laden vines, you will find a two bedroom,one bath unit adjoining a one bedroom one bath unit. A large tiered fountain compliments the lush and plentiful landscape. Both Units have vintage Fireplaces, Stenciled Ceiling Beams and Doorway Arches. Rumored to have been build as a Jesuit retreat, the One bedroom unit has it original Stained Glass Alcove to Capture Sunlight and an Antique Wood-Paneled "Old World Library" Living Room. 1296 sqft measured from plans.

Last Agent to Sell the Property

Kenny Jervis

Berkshire Hathaway HomeServices California Properties License #0834276 Listed on: 07/29/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,958

Year Built

1928

Lot Details

0

Listing Details

  • Active Date: 2016-07-29
  • Building Size: 1296.0
  • Driving Directions: Southwest Corner of Calle Palo Fierro and Ramon Rd.
  • Full Street Address: 503 S CALLE PALO FIERRO
  • Primary Object Modification Timestamp: 2016-11-08
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1928

Interior Features

  • Additional Land Available: 22056.00
  • Advertising Remarks: SPANISH CHARM throughout on this Vintage Romantic 1928 Spanish-Adobe Duplex in a Prime Warm Sands Location. No HOA and Fee Simple Land. May have been an Original SFR, now 2 units may be combined into a 3 bedroom 2 bath SFR. This property is bursting wit
  • Assessed Improvement Value: 154016.00
  • Assessed Land Value: 52018.00
  • Total Bedrooms: 3
  • Builders Tract Code: 7100
  • Builders Tract Name: WARM SANDS
  • Fireplace: Yes
  • Gross Rent Multiplier: 19.30
  • Number Of Buildings: 1
  • Fireplace Rooms: Living Room
  • Appliances: Refrigerator
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 6292

Garage/Parking

  • Parking Spaces Total: 2
  • Parking Type: Carport Detached

Utilities

  • Cooling Type: Air Conditioning
  • Heating Fuel: Wall Gas
  • Heating Type: Wall Gas

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 22056.00
  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Sep 20, 2016
Sold by
Sheppard Leslie
Bought by
Greene Darla and Oliva James M
Seller's Agent
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$379,900
Sold Price
$360,000
Premium/Discount to List
-$19,900
-5.24%
Current Estimated Value
$744,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,171
Avg. Annual Appreciation
8.60%
Original Mortgage
$270,000
Outstanding Balance
$217,172
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$526,713

Purchase Details

Closed on
Jul 29, 2014
Sold by
Sheppard John and Sheppard Doris
Bought by
Sheppard Leslie and Leslie Sheppard Trust

Purchase Details

Closed on
Jul 17, 2013
Sold by
Peterson Matthew and Thomas Coleman J
Bought by
Sheppard John and Sheppard Doris

Purchase Details

Closed on
May 10, 2005
Sold by
Peterson Matthew
Bought by
Peterson Matthew E

Purchase Details

Closed on
Jan 22, 2004
Sold by
Baier Josef R
Bought by
Peterson Matthew and Thomas Coleman J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Rothman H W
Bought by
Baier Josef R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2000
Sold by
Evans Richard
Bought by
Rothman H W and Baier Josef R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 1998
Sold by
Hammer William J and Hammer Kim
Bought by
Evans Md Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 1997
Sold by
Hammer William J and Hammer Kim
Bought by
Hammer William J and Hammer Kim

Purchase Details

Closed on
Dec 19, 1996
Sold by
Hemet Fsla
Bought by
Hammer William J and Hammer Kim

Purchase Details

Closed on
May 21, 1996
Sold by
May Ken and May Beverly
Bought by
Palm Springs Svgs Bank Fsb and Palm Springs S&L Assn
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
Greene Darla $360,000 Lawyers Title
Sheppard Leslie -- None Available
Sheppard John $251,756 None Available
Peterson Matthew E -- --
Peterson Matthew $362,000 --
Baier Josef R -- Northern Counties Title Co
Rothman H W $128,000 Commonwealth Land Title Co
Evans Md Richard $72,000 Commonwealth Land Title Co
Hammer William J -- Commonwealth Land Title Co
Hammer William J $30,000 Commonwealth Land Title Co
Palm Springs Svgs Bank Fsb $65,745 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Darla $270,000
Previous Owner Peterson Matthew E $50,000
Previous Owner Peterson Matthew $232,000
Previous Owner Baier Josef R $153,000
Previous Owner Rothman H W $102,400
Previous Owner Evans Md Richard $44,000
Previous Owner Evans Dr Richard A $5,700
Previous Owner Evans Md Richard $57,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $360,000 -2.7% $278 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/30/2016 08/30/16 Price Changed $369,900 -2.6% $285 / Sq Ft
07/29/2016 07/29/16 For Sale $379,900 -- $293 / 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 $5,958 $416,938 $103,582 $313,356
2023 $5,958 $400,749 $99,560 $301,189
2022 $6,061 $392,892 $97,608 $295,284
2021 $5,955 $385,190 $95,695 $289,495
2020 $5,725 $381,241 $94,714 $286,527
2019 $5,641 $373,766 $92,857 $280,909
2018 $5,550 $366,438 $91,038 $275,400
2017 $5,480 $359,253 $89,253 $270,000
2016 $3,546 $209,174 $52,810 $156,364
2015 $3,375 $206,034 $52,018 $154,016
2014 $3,259 $202,000 $51,000 $151,000
Source: Public Records

Agents Affiliated with this Home

  • Kenny Jervis

    Seller's Agent in 2016

    Kenny Jervis

    Berkshire Hathaway HomeServices California Properties

    (760) 323-5000

    3 in this area

    82 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: The MLS

MLS Number: 16-148950PS

The MLS

APN: 508-125-020

California Riverside County Palm Springs 92262 Warm Sands

503 S Calle Palo Fierro, Palm Springs, CA

This home is located at 503 S Calle Palo Fierro, Palm Springs, CA 92264 since 29 July 2016 and is currently estimated at $701,147, approximately $541 per square foot. This property was built in 1928. 503 S Calle Palo Fierro is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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