NOT LISTED FOR SALE

606 W Via Olivera Palm Springs, CA 92262

Chino Canyon Neighborhood

Estimated Value: $625,000 - $918,000

3 Beds
2 Baths
1,500 Sq Ft
$553/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $500,000 $333 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,002/month

9 Days on Market

About This Home

As of April 2019

Elderly Owner MUST SELL..House not Wheel Chair friendly. This charming 1950's California Ranch home is nestled in rustic Chino Canyon. Enjoy spectacular mountain views of Mt. San Jacinto from your large and very secluded outdoor living space located on a corner lot. This home showcases three bedrooms, two bathrooms, kitchen, living room with fireplace and dining room. SPANISH TILE throughout the House; Great Starter Home, or Build out Dream home in the much desired Chino Hills Location. Absolutely darling home. Only needs a little paint and remove the clutter. An investor's dream!!! HUGE 10,000+ SQFT lot; Awesome location with mountain views. Palm Springs Central walking distance to art district. You must check out this location. a Fixer with great bones, beautiful floors. Has RV parking.

Last Agent to Sell the Property

Amado Salinas II

Re/Max Desert Properties License #00921823 Listed on: 03/16/2019

Re/Max Desert Properties

Last Buyer's Agent

David Neglia

Redfin Corporation License #01963045

Redfin Corporation

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,490

Year Built

1955

Lot Details

0

Listing Details

  • Active Date: 2019-03-16
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 1500.0
  • Building Structure Style: Calif Bungalow
  • Driving Directions: North on Palm Canyon Drive, Turn Left on W. Via Olivera. Drive two Blocks and it is on the Corner
  • Full Street Address: 606 W VIA OLIVERA
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2019-04-17
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Eating Areas: Dining Area
  • Advertising Remarks: Elderly Owner MUST SELL..House not Wheel Chair friendly. This charming 1950's California Ranch home is nestled in rustic Chino Canyon. Enjoy spectacular mountain views of Mt. San Jacinto from your large and very secluded outdoor living space located on a
  • Total Bedrooms: 3
  • Builders Tract Code: 4975
  • Builders Tract Name: CHINO CANYON
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room
  • Appliances: Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
  • Floor Material: Ceramic Tile
  • Laundry: Laundry Area
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • Water District: DWA
  • Cooling Type: Air Conditioning, Evaporative
  • Heating Type: Central Furnace, Fireplace

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: VISTA DEL MONTE ELEM
  • Middle School: RAYMOND CREE MIDDLE
  • High School: PALM SPRINGS HIGH SC

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2020
Sold by
Ferrari Michael C
Bought by
Ferrari Michael A C and The Michael A C Ferrari Family
Current Estimated Value
$829,129

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 15, 2019
Sold by
Flores Suzanne M
Bought by
Ferrari Michael C
Seller's Agent
Amado Salinas II
Re/Max Desert Properties
Buyer's Agent
David Neglia
Redfin Corporation
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$384,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 6, 2019
Sold by
Zuvich Laura Lee
Bought by
Ferrari Michael C
Seller's Agent
Amado Salinas II
Re/Max Desert Properties
Buyer's Agent
David Neglia
Redfin Corporation
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2009
Sold by
Zuvich Laura Lee and Wallace John J
Bought by
Zuvich Laura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.31%
Mortgage Type
Reverse Mortgage Home Equity Conversion 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
Ferrari Michael A C -- None Available
Ferrari Michael C -- First American Title Company
Ferrari Michael C $500,000 First American Title Comapny
Zuvich Laura Lee -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrari Michael C $384,000
Closed Ferrari Michael C $384,000
Previous Owner Zuvich Laura Lee $405,000
Previous Owner Zuvich Laura Lee $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2019 04/17/19 Sold $500,000 +2.2% $333 / Sq Ft
03/16/2019 03/16/19 For Sale $489,000 -- $326 / 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 $7,490 $605,873 $83,661 $522,212
2023 $7,490 $582,348 $80,413 $501,935
2022 $7,640 $570,931 $78,837 $492,094
2021 $7,487 $559,738 $77,292 $482,446
2020 $6,606 $510,000 $76,500 $433,500
2019 $1,115 $75,169 $37,119 $38,050
2018 $1,097 $73,696 $36,392 $37,304
2017 $1,080 $72,252 $35,679 $36,573
2016 $1,053 $70,836 $34,980 $35,856
2015 $995 $69,773 $34,455 $35,318
2014 $963 $68,408 $33,781 $34,627
Source: Public Records

Agents Affiliated with this Home

  • Amado Salinas II

    Seller's Agent in 2019

    Amado Salinas II

    RE/MAX

    (760) 835-0739

    33 Total Sales

    Amado Salinas II
    Section Image

  • D

    Buyer's Agent in 2019

    David Neglia

    Redfin Corporation

    David Neglia
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-442702PS

APN: 504-232-008

California Riverside County Palm Springs 92262 Chino Canyon

606 W Via Olivera, Palm Springs, CA

This home is located at 606 W Via Olivera, Palm Springs, CA 92262 since 16 March 2019 and is currently estimated at $829,129, approximately $552 per square foot. This property was built in 1955. 606 W Via Olivera is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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