NOT LISTED FOR SALE

526 S Camino Real Palm Springs, CA 92264

Warm Sands Neighborhood
7 Beds
7 Baths
4,000 Sq Ft
0.51 Acres

Last Sold April 12, 2016

Last sale price $1,200,000 $300 Per Sq Ft

222 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • 22,140 Sq Ft lot
  • Stone Countertops

About This Home

As of April 2016

This is one of the most interesting properties to come on the market in Warm Sands in some time. Once a boutique hotel and then apartments, this seven bedroom, seven bath, 4000 sq ft property has been beautifully refurbished throughout...sensitively restored to better accommodate the needs of the 21st century . What is more amazing is its potential. Situated on a 22,000 sq ft lot this property has three different APN's, and with it interesting different scenarios. We have spoken to couple of local vacation rental agencies and they seem to think you could best maximize the income by looking at it as a as a 7BD/7BA house as there are so few of them on the market. With this huge lot comes expansive views of the San Jacinto Mountains in a location that is central, close to shopping, restaurants and coffee houses.This could be your Shangri-La, all it needs now are your personal touches and an interesting vision for the future. Seller willing to carry. 50%DN, 15 yrs, 4.75% interest rate.

Last Agent to Sell the Property

Gary Pisula

Desert Lifestyle Properties License #01218921 Listed on: 08/24/2015

Desert Lifestyle Properties

Last Buyer's Agent

Gary Pisula

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,714

Year Built

  • Built in 1947

Lot Details

  • 0.51

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Parking Spaces
  • On-Street Parking

Additional Features

  • In Ground Pool
  • 0.51 Acre Lot
  • Central Heating

Community Details

  • 6 Units
  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 508-144-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,714

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Builders Tract Code: 7100
  • Living Area: 4000
  • Year Built: 1947
  • Builders Tract Name: Warm Sands
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Kitchen Features: Stone Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 7.00
  • Equipment: Dishwasher, Refrigerator, Washer
  • Price Per S Q F T: 322.50
  • Windows: Double Pane Windows

Exterior Features

  • Foundation Details: Slab
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: On street
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • Manager Approval: No

Lot Info

  • Horses: No
  • Assessed Improvement Value: 300000
  • Assessor Parcel Number: 508-144-003
  • Land Included Yn: No
  • Lot Description: 2-4 Lots
  • Lot Size Area: 22140

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number Of Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2015
Closed on
Apr 8, 2016
Sold by
Kuller Jeffrey
Bought by
The Timothy & Jessica Spry Living Trust
Seller's Agent
Gary Pisula
Desert Lifestyle Properties
Buyer's Agent
Gary Pisula
Desert Lifestyle Properties
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Total Days on Market
222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 3, 2013
Closed on
May 21, 2013
Sold by
Geller Sullivan #2 Llc
Bought by
Kuller Jeffrey
Seller's Agent
Jack Cretney
Jack Cretney & Associates
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$752,500
Sold Price
$560,000
Premium/Discount to List
-$192,500
-25.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.54%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Sullivan Kenneth D and Geller Jerome
Bought by
Geller Sullivan #2 Llc

Purchase Details

Closed on
Dec 11, 2002
Sold by
Half Moon Garage Llc
Bought by
Sullivan Kenneth D and Geller Jerome

Purchase Details

Closed on
Apr 19, 1999
Sold by
Taylor Everett C
Bought by
Silver Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 1996
Sold by
Kamins Paul Benjamin and Kamins Birthe Harkjaer
Bought by
Taylor Everett C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.38%
Mortgage Type
Commercial
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
The Timothy & Jessica Spry Living Trust $1,200,000 Orange Coast Title
Kuller Jeffrey $525,000 Wfg Title Company Of Ca
Geller Sullivan #2 Llc -- --
Sullivan Kenneth D $635,000 Chicago Title Co
Silver Andrew J $485,000 Chicago Title Co
Taylor Everett C $240,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Timothy $750,000
Closed The Timothy & Jessica Spry Living Trust $527,000
Previous Owner Silver Andrew J $307,000
Previous Owner Silver Andrew J $217,500
Previous Owner Taylor Everett C $72,000
Closed Silver Andrew J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2016 04/12/16 Sold $1,200,000 -14.0% $300 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
08/24/2015 08/24/15 For Sale $1,395,000 +149.1% $349 / Sq Ft
07/02/2013 07/02/13 Sold $560,000 -25.6% $134 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
02/03/2013 02/03/13 For Sale $752,500 -- $181 / 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
2023 $18,714 $1,365,391 $341,347 $1,024,044
2022 $19,065 $1,338,619 $334,654 $1,003,965
2021 $18,706 $1,312,373 $328,093 $984,280
2020 $17,922 $1,298,917 $324,729 $974,188
2019 $17,635 $1,273,449 $318,362 $955,087
2018 $15,890 $1,248,480 $312,120 $936,360
2017 $14,868 $1,050,600 $153,000 $897,600
2016 $6,719 $406,963 $96,304 $310,659
2015 $6,299 $400,852 $94,858 $305,994
2014 $6,108 $393,000 $93,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Gary Pisula

    Seller's Agent in 2016

    Gary Pisula

    Desert Lifestyle Properties

    (760) 409-9183

    45 Total Sales

    Gary Pisula
    Section Image

  • J

    Seller's Agent in 2013

    Jack Cretney

    Jack Cretney & Associates

  • O

    Buyer's Agent in 2013

    Out Side Agent

    Desert Real Estate Consultants, Inc.

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Map

Source: The MLS

MLS Number: 15-931345

The MLS

APN: 508-144-024

California Riverside County Palm Springs 92264 Warm Sands

526 S Camino Real, Palm Springs, CA

This home is located at 526 S Camino Real, Palm Springs, CA 92264 since 24 August 2015. This property was built in 1947. 526 S Camino Real 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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