NOT LISTED FOR SALE

555 W Via Lola Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $2,866,000 - $4,219,000

4 Beds
5 Baths
4,042 Sq Ft
$874/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $2,475,000 $612 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $22,532/month

About This Home

As of July 2019

This Old Las Palmas California Ranch was rebuilt and expanded down to the studs in 2014 in a warm modern design. The 2 year renovation was done to perfection for the private use of the Seller. The home required extensive and costly upgrading to bring the property to current code. A total of 4 bedrooms, including a brand new casita with bedroom, living area & kitchenette. The main house was re-imagined to include formal living, kitchen open to dining area & family room w/ views of pool, spa w/ tanning bed and front cantina w/ mt vistas. The Master suite was expanded to include one of 3 fireplaces in the home and walk-in closet. Gourmet chef's kitchen overlooks the front garden, mountain views & private courtyard. The rebuild included all new desert landscape within and outside the walled and gated property. The flagstone entry path & drive was mirrored with new flagstone in the covered back patio. Low maintenance. Close to UP TOWN PS. Pristine Property!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jun 7, 2019
Sold by
Choate Jeffrey E
Bought by
Mcdonald Christopher A and Mcdonald Dana
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$2,695,000
Sold Price
$2,475,000
Premium/Discount to List
-$220,000
-8.16%
Current Estimated Value
$3,531,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,056,047
Avg. Annual Appreciation
6.32%
Original Mortgage
$356,250
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2014
Sold by
Choate Jeffrey E
Bought by
Choate Jeffrey E and Jeffrey E Choate Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 25, 2012
Closed on
Nov 14, 2012
Sold by
Younkheere Marianne M
Bought by
Choate Jeffrey E and Jeffrey E Choate Revocable Living Trust
Seller's Agent
Scott Histed
Bennion Deville Homes
Buyer's Agent
Scott Histed
Bennion Deville Homes
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
May 20, 2011
Sold by
Younkheere Marianne M
Bought by
Younkheere Marianne M and Marianne M Younkheere Trust

Purchase Details

Closed on
Dec 17, 2010
Sold by
Kirchgessner Nicholas Thomas and Warren James
Bought by
Younkheere Marianne

Purchase Details

Closed on
May 24, 2005
Sold by
Fitzgerald Nancy Balik
Bought by
Kirchgessner Nicholas Thomas and Warren James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 2003
Sold by
Fitzgerald Nancy B
Bought by
Fitzgerald Nancy Balik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Fitzgerald John E
Bought by
Fitzgerald Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
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
Mcdonald Christopher A $2,475,000 Chicago Title Inland Empire
Choate Jeffrey E -- Accommodation
Choate Jeffrey E -- Chicago Title Co
Choate Jeffrey E $1,100,000 Investors Title Company
Younkheere Marianne M -- None Available
Younkheere Marianne $795,000 Chicago Title
Kirchgessner Nicholas Thomas $1,150,000 Oct
Fitzgerald Nancy Balik -- Orange Coast Title Company
Fitzgerald Nancy B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Christopher A $1,750,000
Closed Mcdonald Christopher A $356,250
Previous Owner Mcdonald Christopher A $1,500,000
Previous Owner Choate Jeffrey E $750,000
Previous Owner Kirchgessner Nicholas Thomas $300,000
Previous Owner Kirchgessner Nicholas $200,000
Previous Owner Kirchgessner Nicholas Thomas $1,170,000
Previous Owner Kirchgessner Nicholas Thomas $205,000
Previous Owner Kirchgessner Nicholas Thomas $115,000
Previous Owner Kirchgessner Nicholas Thomas $920,000
Previous Owner Fitzgerald Nancy Balik $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Sold $2,475,000 -8.2% $612 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $2,695,000 +145.0% $667 / Sq Ft
12/04/2012 12/04/12 Sold $1,100,000 -4.3% $326 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
10/31/2012 10/31/12 Price Changed $1,149,000 -3.8% $340 / Sq Ft
09/25/2012 09/25/12 For Sale $1,195,000 -- $354 / Sq Ft

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 $32,536 $2,601,665 $630,706 $1,970,959
2022 $33,206 $2,550,653 $618,340 $1,932,313
2021 $32,521 $2,500,641 $606,216 $1,894,425
2020 $31,027 $2,475,000 $600,000 $1,875,000
2019 $18,413 $1,464,244 $425,000 $1,039,244
2018 $18,062 $1,435,534 $416,667 $1,018,867
2017 $17,793 $1,407,388 $408,498 $998,890
2016 $17,263 $1,379,793 $400,489 $979,304
2015 $16,604 $1,359,069 $394,474 $964,595
2014 $13,746 $1,104,993 $386,747 $718,246
Source: Public Records

Agents Affiliated with this Home

  • Louise Hampton

    Seller's Agent in 2019

    Louise Hampton

    Berkshire Hathaway HomeServices California Properties

    (760) 320-4586

    24 in this area

    129 Total Sales

    Louise Hampton
    Section Image

  • N

    Buyer's Agent in 2019

    NonMember AgentDefault

    NonMember OfficeDefault

  • S

    Seller's Agent in 2012

    Scott Histed

    Bennion Deville Homes

    (760) 218-1751

    3 in this area

    93 Total Sales

    Scott Histed
    Section Image
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Map

California Riverside County Palm Springs 92262 Old Las Palmas

555 W Via Lola, Palm Springs, CA

This home is located at 555 W Via Lola, Palm Springs, CA 92262 and is currently estimated at $3,531,047, approximately $873 per square foot. 555 W Via Lola 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.

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