NOT LISTED FOR SALE

547 N Sunrise Way Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $893,134 - $1,085,000

4 Beds
2 Baths
1,560 Sq Ft
$617/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $764,000 $490 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,089/month

47 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • 1 Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Circular Driveway

About This Home

As of April 2021

Ready to move into ..Live every day at your own resort, you can work from home and get out of the big city and enjoy the Palm Springs life... Palm springs Mid century architecture. This home has been completely upgraded and renovated , making it better than new. 4 bedroom 2 bath, pool and spa home with 2 outside living rooms/ patios. Your own private 5 Star Resort with outside game room, fire pit, newer pool and spa, outside kitchen, shower and barbecue, 2 large private covered patio both with spectacular mountain views . This property comes to life at night with custom LED lighting throughout and it looks spectacular. This property is the complete package and ready to start enjoying or use it as a ready-made Airbnb - short term vacation rental. From the ground up everything has been redone and restored all modern amenities have been added throughout. Please call your agent and take a look, you will not be disappointed

Last Agent to Sell the Property

Jeff Litton

HomeSmart License #00861820 Listed on: 02/13/2021

HomeSmart

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1966

Lot Details

  • 4,792 Sq Ft Lot
  • Sprinklers on Timer

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Laminate Flooring
  • Mountain Views
  • Security System Leased
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 7 Car Parking Spaces
  • 3 Parking Garage Spaces
  • Circular Driveway

Pool

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507295007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,126

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Movie Colony East
  • Building Style: Mid Century
  • List Price per Sq Ft: 512.18
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 1966
  • Listing I D: 219057347
  • Listing Member Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Member Fax: (760) 778-1490
  • Listing Office Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Address: 72221 HIgway 111, Suite 107, Palm Desert, CA 92260
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Flooring: Laminate
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1560.00

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Private, In Ground, Gunite
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway, Circular Driveway
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Leased
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507295007
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1400
  • Lot Size: 4792.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 30, 2021
Sold by
547 N Sunrise Way Llc
Bought by
Abad Shane and Jung Susan
Seller's Agent
Jeff Litton
HomeSmart
Buyer's Agent
Unknown Member
List Price
$799,000
Sold Price
$764,000
Premium/Discount to List
-$35,000
-4.38%
Current Estimated Value
$962,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,534
Avg. Annual Appreciation
5.40%
Original Mortgage
$611,200
Outstanding Balance
$551,275
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$411,259

Purchase Details

Closed on
Jul 13, 2017
Sold by
Marukyan Hrach
Bought by
547 N Sunrise Way Llc

Purchase Details

Listed on
Feb 11, 2017
Closed on
Mar 20, 2017
Sold by
Zakaryan Anzhela
Bought by
Marukyan Hrach
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Ttk Represents
Compass
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$125,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 11, 2017
Closed on
Feb 21, 2017
Sold by
Polk Michael E and Sears Christopher S
Bought by
Marukyan Hrach
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Ttk Represents
Compass
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 7, 2012
Closed on
Aug 2, 2012
Sold by
Bingham Trista and Yates Rebecca A
Bought by
Polk Michael E and Sears Christopher S
Seller's Agent
Zapala Meyer Team
Town Real Estate
Buyer's Agent
Ttk Represents
Compass
List Price
$310,000
Sold Price
$272,000
Premium/Discount to List
-$38,000
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$217,600
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Morgan Daryle L
Bought by
Bingham Trista and Yates Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Crow Gary R and Rodriguez Lucinda J
Bought by
Morgan Daryle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.54%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Arakelian Joy
Bought by
Crow Gary R and Rodriguez Lucinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
5.62%
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
Abad Shane $764,000 Chicago Title
547 N Sunrise Way Llc -- Accommodation
Marukyan Hrach -- Wfg Title
Marukyan Hrach $390,000 Fidelity National Title
Polk Michael E $272,000 Lawyers Title
Bingham Trista $337,500 California Title Company
Morgan Daryle L $172,000 Southland Title
Crow Gary R $78,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abad Shane $611,200
Previous Owner Marukyan Hrach $125,000
Previous Owner Polk Michael E $217,600
Previous Owner Bingham Trista $270,000
Previous Owner Morgan Daryle L $137,600
Previous Owner Crow Gary R $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $764,000 -4.4% $490 / Sq Ft
02/13/2021 02/13/21 For Sale $799,000 +102.3% $512 / Sq Ft
03/24/2017 03/24/17 Sold $395,000 0.0% $360 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $395,000 +45.2% $360 / Sq Ft
08/29/2012 08/29/12 Sold $272,000 -6.2% $248 / Sq Ft
07/20/2012 07/20/12 Price Changed $289,900 -2.4% $265 / Sq Ft
06/24/2012 06/24/12 Price Changed $297,000 -2.3% $271 / Sq Ft
06/11/2012 06/11/12 Price Changed $304,000 -1.9% $277 / Sq Ft
05/07/2012 05/07/12 For Sale $310,000 -- $283 / 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
2025 $10,126 $826,975 $231,638 $595,337
2023 $10,126 $794,865 $222,645 $572,220
2022 $10,331 $779,280 $218,280 $561,000
2021 $5,661 $418,157 $123,302 $294,855
2020 $5,411 $413,870 $122,038 $291,832
2019 $5,319 $405,756 $119,646 $286,110
2018 $5,221 $397,800 $117,300 $280,500
2017 $3,876 $288,598 $86,578 $202,020
2016 $3,766 $282,940 $84,881 $198,059
2015 $3,609 $278,692 $83,607 $195,085
2014 $3,558 $273,234 $81,970 $191,264
Source: Public Records

Agents Affiliated with this Home

  • Jeff Litton

    Seller's Agent in 2021

    Jeff Litton

    HomeSmart

    (760) 408-3883

    1 in this area

    155 Total Sales

    Jeff Litton
    Section Image

  • U

    Buyer's Agent in 2021

    Unknown Member

  • Adam Gilbert

    Buyer Co-Listing Agent in 2021

    Adam Gilbert

    The Firm Brokerage

    (760) 327-1285

    3 in this area

    72 Total Sales

    Adam Gilbert
    Section Image

  • T

    Seller's Agent in 2017

    Ttk Represents

    Compass

    (760) 350-9253

    6 in this area

    243 Total Sales

    Ttk Represents
    Section Image

  • Z

    Seller's Agent in 2012

    Zapala Meyer Team

    Town Real Estate

    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Paul Zapala

    Town Real Estate

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219057347

California Desert Association of REALTORS®

APN: 507-295-007

California Riverside County Palm Springs 92262 Movie Colony East

547 N Sunrise Way, Palm Springs, CA

This home is located at 547 N Sunrise Way, Palm Springs, CA 92262 since 13 February 2021 and is currently estimated at $962,534, approximately $617 per square foot. This property was built in 1966. 547 N Sunrise Way 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.

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