$472,000
SOLD MAY 28, 2014

562 Skylar Ln Palm Springs, CA 92262

3 Beds
3 Baths
2,650 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

5% Below List Price

175 Days on Market

About This Home

As of March 2018

PRICE REDUCTION!!! This architecturally modern-designed home is centrally located in Palm Springs, near shopping, the Airport, and Casinos. Enjoy practicing your culinary skills in the open kitchen with GE stainless steel appliances and island. Relax and entertain using the outdoor BBQ, covered patio, and gas firepit. High ceilings and clerestory windows provide an abundance of natural light and highlight the spacious floor plan. Dual air conditioners, a tank-less water heater, energy-saving windows and patio doors will help keep utility bills manageable. Refrigerator, Washer/Dryer are included in the sale. Move-in ready. Furnishings are available outside of escrow.

Last Agent to Sell the Property

Larry Chew

Town Real Estate License #01391429 Listed on: 11/27/2013

Last Buyer's Agent

Thad Francis

HomeSmart Professionals License #00934326

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,939

Year Built

2006

Lot Details

0

Listing Details

  • Cross Street: VANTAGE WAY
  • Entry Location: Ground Level - no steps
  • Active Date: 2013-11-27
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Builder Name: LENNAR
  • Building Size: 2650.0
  • Building Structure Style: Contemporary
  • Driving Directions: Located in Escena/Avant. Enter Escena using Gene Autry Trail entrance. Keep LEFT at traffic circle to Grandview Street. Right at Avant Way. Left at Skylar Lane.
  • Full Street Address: 562 SKYLAR LN
  • Primary Object Modification Timestamp: 2014-08-07
  • Mello Roos: Unknown
  • Total Number of Units: 1
  • View Type: Mountain View, Peek-A-Boo View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Bathroom Features: Shower and Tub
  • Bedroom Features: WalkInCloset
  • Eating Areas: Dining Area, Kitchen Island
  • Appliances: Built-In BBQ, Microwave, Cooktop - Gas, Gas, Gas Grill, Oven-Electric, Self Cleaning Oven
  • Advertising Remarks: PRICE REDUCTION!!! This architecturally modern-designed home is centrally located in Palm Springs, near shopping, the Airport, and Casinos. Enjoy practicing your culinary skills in the open kitchen with GE stainless steel appliances and island. Relax an
  • Total Bedrooms: 3
  • Builders Tract Code: 5930
  • Builders Tract Name: ESCENA
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Family Room, Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Association Phone Number: 760-346-1161
  • Fireplace Features: Fire Pit
  • Floor Material: Carpet
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Stone Counters
  • Laundry: Laundry Area
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 8276
  • Common Walls: Detached/No Common Walls, Attached
  • Direction Faces: Faces West
  • Patio: Covered
  • Fence: Block Wall
  • Windows: Drapes/Curtains, Plantation Shutters
  • Water: District/Public

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Sewer: In Street
  • TV Svcs: Cable TV
  • Water Heater: Electric, Tankless
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Dual
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Name: Desert Resort Management
  • HOA Fees: 175.0

Lot Info

  • Lot Description: Fenced

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2020
Sold by
Massaro Joseph Alfred and Massaro Simon H
Bought by
Massaro Joseph Alfred and Massaro Simon Hong
Current Estimated Value
$1,200,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2017
Closed on
Feb 12, 2018
Sold by
Markari William
Bought by
Massaro Joseph Alfred and Massaro Simon Hong
Seller's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Michael Adams
Bennion Deville Homes
List Price
$580,000
Sold Price
$535,000
Premium/Discount to List
-$45,000
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$255,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2017
Sold by
Davis Charles L and Markari William
Bought by
Davis Charles L and The Charles L Davis 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
$255,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2013
Closed on
May 6, 2014
Sold by
Bechtel Richard Leo
Bought by
Markari William
Seller's Agent
Larry Chew
Town Real Estate
Buyer's Agent
Thad Francis
HomeSmart Professionals
List Price
$495,000
Sold Price
$472,000
Premium/Discount to List
-$23,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$330,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 27, 2013
Closed on
Apr 30, 2014
Sold by
Caster John D
Bought by
Davis Charles L and Markari William
Seller's Agent
Larry Chew
Town Real Estate
Buyer's Agent
Thad Francis
HomeSmart Professionals
List Price
$495,000
Sold Price
$472,000
Premium/Discount to List
-$23,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2012
Sold by
Harris Pearl E
Bought by
Harris Pearl Barnes and Pearl Barnes Harris Trust

Purchase Details

Closed on
Jun 7, 2010
Sold by
Lennar Homes Of California Inc
Bought by
Harris Pearl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $535,000 Lawyers Title Ie
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $472,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $355,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 VA
Closed $90,000 Credit Line Revolving
Closed $272,000 VA
Closed $230,000 New Conventional
Closed $255,000 New Conventional
Previous Owner $330,400 Adjustable Rate Mortgage/ARM
Previous Owner $330,400 Adjustable Rate Mortgage/ARM
Previous Owner $105,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2018 03/05/18 Sold $535,000 -2.7% $202 / Sq Ft
01/14/2018 01/14/18 Price Changed $550,000 -5.2% $208 / Sq Ft
09/15/2017 09/15/17 For Sale $580,000 +22.9% $219 / Sq Ft
05/28/2014 05/28/14 Sold $472,000 -2.7% $178 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
02/19/2014 02/19/14 Price Changed $485,000 -2.0% $183 / Sq Ft
11/27/2013 11/27/13 For Sale $495,000 -- $187 / Sq Ft
Source: Palm Springs Regional 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 $7,939 $1,157,081 $152,181 $1,004,900
2023 $7,939 $585,096 $146,273 $438,823
2022 $8,085 $573,624 $143,405 $430,219
2021 $7,917 $562,378 $140,594 $421,784
2020 $7,568 $556,613 $139,153 $417,460
2019 $7,434 $545,700 $136,425 $409,275
2018 $6,960 $508,513 $127,127 $381,386
2017 $6,846 $498,543 $124,635 $373,908
2016 $6,647 $488,769 $122,192 $366,577
2015 $6,389 $481,429 $120,357 $361,072
2014 $5,825 $425,000 $106,000 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-721539PS

APN: 677-660-029