NOT LISTED FOR SALE

562 S Bedford Dr Palm Springs, CA 92264

Estimated Value: $1,013,734 - $1,297,000

5 Beds
3 Baths
1,833 Sq Ft
$634/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $580,000 $316 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,224/month

69 Days on Market

About This Home

As of May 2016

Five (5) bedroom, Three (3) bathroom Mid-Century Modern home in Central, South Palm Springs. Excellent vacation rental potential that allows higher occupancy. Upgrades include newer copper plumbing and fixtures , roofing (3 years old) , dual pane windows, newer carpet, stainless steel kitchen appliances, and a spacious fenced yard with large pool, diving board and custom outdoor shower. Large open beam ceilings with tongue and groove finishes throughout the home and continuing to the back patio. Attached, over-sized two-car garage with laundry, shop area and storage rooms. Low maintenance desert landscaping. Exceptional mountain views from the front of the home and yard. Good location in "Little Beverly Hills" neighborhood comprised of many Mid-Century Modern homes with sought after architecture. Preferred bedroom separation, some with private exterior access. 3 bedrooms at one end of home, 2 at the other end. Vacation Rental Projection documents attached.

Last Agent to Sell the Property

Nalo Jones

Realty Trust License #01257645 Listed on: 01/23/2016

Last Buyer's Agent

Nicole Fruin

Compass License #01953102

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,655

Year Built

1958

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-01-23
  • Full Bathroom: 3
  • Building Size: 1833.0
  • Building Structure Style: Mid Century
  • Driving Directions: Take Ramon Rd. and turn south on Compadre Rd, left on Theresa Dr., then right onto Bedford Dr.
  • Full Street Address: 562 S BEDFORD DR
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-05-06
  • Property Condition: Updated/Remodeled
  • Mello Roos: Unknown
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: All Bedrooms Down
  • Eating Areas: Dining Area
  • Appliances: Built-Ins
  • Advertising Remarks: Five (5) bedroom, Three (3) bathroom Mid-Century Modern home in Central, South Palm Springs. Excellent vacation rental potential that allows higher occupancy. Upgrades include newer copper plumbing and fixtures , roofing (3 years old) , dual pane windows
  • Total Bedrooms: 5
  • Builders Tract Code: 6487
  • Builders Tract Name: LITTLE BEVERLY HILLS
  • Fireplace: Yes
  • Levels: One Level
  • Spa: No
  • Interior Amenities: Beamed Ceiling(s), Built-Ins
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Ceramic Tile
  • Kitchen Features: Formica Counters, Remodeled
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces West
  • Construction: Stucco, Wood
  • Foundation: Foundation - Concrete Slab
  • Patio: Covered, Covered Porch
  • Fence: Wood
  • Windows: Double Pane Windows
  • Roofing: Composition
  • Water: District/Public

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Features: Driveway - Concrete
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door, Garage Is Attached

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Drip System
  • TV Svcs: Cable TV
  • Volt 220: In Garage, In Kitchen
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Holm David and Calbom Harry
Bought by
Alexander On Bedford Llc
Current Estimated Value
$1,162,684

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 4, 2016
Sold by
Parenteau Rebecca and Calbom Harry
Bought by
Calbom Harry
Seller's Agent
Nalo Jones
Realty Trust
Buyer's Agent
Nicole Fruin
Compass
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 3, 2016
Sold by
Holm Christine C and Holm David
Bought by
Holm David
Seller's Agent
Nalo Jones
Realty Trust
Buyer's Agent
Nicole Fruin
Compass
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2016
Closed on
Apr 5, 2016
Sold by
Crist Linda Burkett and Burkett John W
Bought by
Holm David and Calbom Harry
Seller's Agent
Nalo Jones
Realty Trust
Buyer's Agent
Nicole Fruin
Compass
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2015
Sold by
Burkett John Walter
Bought by
Burkett John W

Purchase Details

Closed on
Jun 17, 2013
Sold by
Crist Linda Burkett
Bought by
Crist Linda Rae Burkett and Burkett John Walter

Purchase Details

Closed on
Aug 2, 2010
Sold by
Burkett E Raymond and Burkett Joanne
Bought by
Burkett E Raymond and Burkett Joanne
Source: Public Records

Range of Values:

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Average Value
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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
Alexander On Bedford Llc $765,000 Chicago Title Company
Calbom Harry -- None Available
Holm David -- None Available
Holm David $580,000 Chicago Title Company
Burkett John W -- None Available
Crist Linda Rae Burkett -- None Available
Burkett E Raymond -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holm David $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $580,000 -3.2% $316 / Sq Ft
04/15/2016 04/15/16 For Sale $599,000 0.0% $327 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/21/2016 03/21/16 Price Changed $599,000 -2.6% $327 / Sq Ft
02/26/2016 02/26/16 Price Changed $615,000 -3.8% $336 / Sq Ft
01/23/2016 01/23/16 For Sale $639,000 -- $349 / 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 $13,655 $848,874 $98,426 $750,448
2023 $13,655 $804,149 $94,605 $709,544
2022 $13,706 $788,382 $92,750 $695,632
2021 $13,494 $772,925 $90,932 $681,993
2020 $11,327 $627,808 $188,340 $439,468
2019 $11,189 $615,499 $184,648 $430,851
2018 $11,041 $603,431 $181,029 $422,402
2017 $7,668 $591,600 $177,480 $414,120
2016 $1,058 $71,344 $18,561 $52,783
2015 $1,000 $70,274 $18,283 $51,991
2014 $969 $68,900 $17,926 $50,974
Source: Public Records

Agents Affiliated with this Home

  • Nalo Jones

    Seller's Agent in 2016

    Nalo Jones

    Realty Trust

    (760) 327-8000

    15 Total Sales

    Nalo Jones
    Section Image

  • S

    Seller's Agent in 2016

    Scott Timberlake

  • N

    Buyer's Agent in 2016

    Nicole Fruin

    Compass

    Section Image
  • Kirk Hoffman

    Buyer Co-Listing Agent in 2016

    Kirk Hoffman

    Redfin

    (310) 890-3940

    18 Total Sales

    Kirk Hoffman
    Section Image
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Map

Source: The MLS

MLS Number: 16-973481PS

The MLS

APN: 502-292-017

California Riverside County Palm Springs 92264

562 S Bedford Dr, Palm Springs, CA

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