NOT LISTED FOR SALE

Palm Springs, CA 92262

Estimated Value: $706,000

6 Beds
5 Baths
2,592 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $520,000 $201 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,545/month

9 Days on Market

Highlights

  • Central Heating
  • Palm Springs High School Rated A-
  • 1-Story Property

About This Home

As of July 2014

Multiple Offers - Nicely remodeled Spanish Villa look! With a little TLC this property would have great curb appeal with private gated courtyard, panoramic mountain views and a comfortable resort-like feel. Each unit has private space in the rear and one bedroom that opens onto the main courtyard (for a private entrance). At some point in time, all the units have been remodeled with imported floor tiles laid out in artistically interesting patterns, granite fireplaces, beautiful wood cabinets and granite countertops and stainless appliances. Live in one and rent the other two out or as a family retreat or in many other ways. Remodel work has done in a cohesive style that creates a unique and beautiful look and feel. All units have been upgraded with energy efficient windows and significant insulation. Truly a diamond with a small amount of rough. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation

Last Agent to Sell the Property

Michael Ricks

Bennion Deville Homes License #01390587 Listed on: 07/14/2014

Bennion Deville Homes

Last Buyer's Agent

Renee Bohm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,755

Year Built

  • Built in 1948

Lot Details

  • 10,454 Sq Ft Lot

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 507-023-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,755

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Builders Tract Code: Not in a Development
  • Living Area: 2592
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Equipment: Cable
  • Price Per S Q F T: 185.15

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Horses: No
  • Assessed Improvement Value: 225000
  • Assessor Parcel Number: 507-023-010
  • Lot Size Area: 10454

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Dekleer Sebastian P F
Bought by
520 E Chuckwalla Llc
Current Estimated Value
$706,000

Purchase Details

Closed on
Mar 6, 2019
Sold by
Dekleer Sebastian P F
Bought by
Dekleer Sebastian P F

Purchase Details

Listed on
Jul 14, 2014
Closed on
Jul 30, 2014
Sold by
Fannie Mae
Bought by
Dekleer Sebastian P F
Seller's Agent
Michael Ricks
Bennion Deville Homes
Buyer's Agent
Renee Bohm
List Price
$479,900
Sold Price
$520,000
Premium/Discount to List
$40,100
8.36%

Purchase Details

Closed on
Dec 19, 2013
Sold by
Lapoint Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 8, 2005
Sold by
Lapoint Michael and La Point Michael T
Bought by
Lapoint Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2004
Sold by
Lapoint Michael T and Scott James H
Bought by
Lapoint Michael T and Scott James H

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
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2003
Sold by
Vasey Michelle
Bought by
Scott James H and Lapoint Michael T

Purchase Details

Closed on
Dec 17, 2002
Sold by
Polland Rae S
Bought by
Polland Rae S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2002
Sold by
Polland Rae S
Bought by
Vasey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2001
Sold by
Cherchian Paul Joseph and Cherchian Carole Marjean
Bought by
Polland Rae S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1993
Sold by
Cherchian Paul Joseph and Cherchian Carole Marjean
Bought by
Cherchian Paul Joseph and Cherchian Carole Marjean
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
520 E Chuckwalla Llc -- None Available
Dekleer Sebastian P F -- None Available
Dekleer Sebastian P F $520,000 Lawyers Title Company
Federal National Mortgage Association $506,134 None Available
Lapoint Michael -- First American Title
Lapoint Michael T -- Ticor Title Company
Scott James H $390,000 First American Title Co
Polland Rae S -- Chicago Title Co
Vasey Michelle $305,000 Chicago Title Co
Polland Rae S $120,000 Chicago Title Co
Cherchian Paul Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dekleer Sebastian P F $465,000
Previous Owner Lapoint Michael T $60,000
Previous Owner Lapoint Michael $450,000
Previous Owner Lapoint Michael T $50,000
Previous Owner Scott James H $150,000
Previous Owner Vasey Michelle $244,000
Previous Owner Polland Rae S $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $520,000 +8.4% $201 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $479,900 -- $185 / 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 $21,755 $926,143 $754,613 $171,530
2023 $21,755 $890,181 $725,311 $164,870
2022 $21,956 $872,728 $711,090 $161,638
2021 $21,713 $855,617 $697,148 $158,469
2020 $20,212 $846,845 $446,832 $400,013
2019 $17,543 $560,240 $168,071 $392,169
2018 $17,408 $549,256 $164,776 $384,480
2017 $17,303 $538,488 $161,546 $376,942
2016 $17,076 $527,930 $158,379 $369,551
2015 $7,092 $520,000 $156,000 $364,000
2014 $7,032 $510,000 $153,000 $357,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Ricks

    Seller's Agent in 2014

    Michael Ricks

    Bennion Deville Homes

    (760) 409-1669

    16 Total Sales

    Michael Ricks
    Section Image

  • R

    Buyer's Agent in 2014

    Renee Bohm

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Source: The MLS

MLS Number: 14-777629

The MLS

APN: 507-023-018

California Riverside County Palm Springs

92262

This home since 14 July 2014 and is currently priced at $706,000, approximately $272 per square foot. This property was built in 1948. This home 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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