NOT LISTED FOR SALE

640 N Belardo Rd Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $615,486 - $819,000

2 Beds
2 Baths
1,426 Sq Ft
2,178 Sq Ft Lot

Last Sold April 08, 2014

Last sale price $379,000 $266 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,874/month

17 Days on Market

About This Home

As of April 2014

Built by renowned architect Barry Berkus, Merito Manor is an architectural gem placed in one of Palm Springs most sought after neighborhoods - Old Las Palmas. This updated unit features an iconic Folded Panel roof line with inset windows maximizing exposure to the stunning western mountain views. Nestled in the intimate, 10 unit Merito Manor complex, this 2 bedroom + den (den is actually an open 3rd bedroom) 2 bath unit has an open floor plan, walls of windows and lots of light. Original features like the stove pipe range hood, rock island bar, reeded shoji panels merge with the thoughtful upgrades that update this home for today's living. The private courtyard faces east and stretches almost 40 feet along the rear of the home. Accessible from the living room and the back bedroom, the courtyard also has a gate to the common grounds, greenbelts with fruit trees, shuffleboard area, and heated community pool. Truly the epitome of Palm Springs living. Furnished as well.

Last Agent to Sell the Property

Mark Gutkowski

Bennion Deville Homes License #01878977 Listed on: 02/05/2014

Bennion Deville Homes

Co-Listed By

Bryan Burns

Desert Lifestyle Properties License #01042736

Last Buyer's Agent

Shane Zuspan

Shane Zuspan License #1456738

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,431

Year Built

1961

Lot Details

0

Listing Details

  • Active Date: 2014-02-05
  • Full Bathroom: 2
  • Building Size: 1426.0
  • Building Structure Style: Mid Century
  • Driving Directions: From North Palm Canyon go West on W. Merito Place to N. Belardo. Turn Left. Unit is on the left just before the walkway into the complex marked by the Merito Mannor complex sign and the covered parking just beyond.
  • Full Street Address: 640 N BELARDO RD
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2015-09-17
  • Unit Floor In Building: 1
  • Total Number of Units: 10
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances: Range Hood, Range
  • Advertising Remarks: Built by renowned architect Barry Berkus, Merito Manor is an architectural gem placed in one of Palm Springs most sought after neighborhoods - Old Las Palmas. This updated unit features an iconic Folded Panel roof line with inset windows maximizing exposu
  • Total Bedrooms: 2
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: No
  • Interior Amenities: Furnished
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 2178
  • Common Walls: Attached
  • Patio: Enclosed

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Type: Assigned, Carport Detached

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Guest Parking
  • HOA: No
  • Association Rules: PetsPermitted
  • Association Name: Merito Manor

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2014
Closed on
Feb 27, 2014
Sold by
Pierce Nannie Katheryn and Pierce Nannie Kathryn
Bought by
Wilkes Jeffrey Allen and Hooi Gan Teow
Seller's Agent
Mark Gutkowski
Bennion Deville Homes
Buyer's Agent
Shane Zuspan
Shane Zuspan
List Price
$434,000
Sold Price
$379,000
Premium/Discount to List
-$55,000
-12.67%
Current Estimated Value
$699,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,872
Avg. Annual Appreciation
5.45%
Original Mortgage
$237,250
Outstanding Balance
$170,256
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$529,617

Purchase Details

Closed on
May 1, 2012
Sold by
Pierce Harold L
Bought by
Pierce Nannie Kathryn

Purchase Details

Closed on
Apr 5, 2010
Sold by
Cifelli Tina M
Bought by
Pierce Harold L and Pierce Nannie Kathryn

Purchase Details

Closed on
Jul 11, 2008
Sold by
Cifelli Tina
Bought by
Cifelli Tina M and The Tina M Cifelli Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 19, 2008
Sold by
Boylan Jean M and Sauntry Michelle
Bought by
Cifelli Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2006
Sold by
Rounds Thomas A
Bought by
Boylan Jean M and Sauntry Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,820
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2002
Sold by
The Rounds Trust
Bought by
Rounds Thomas A

Purchase Details

Closed on
Jul 22, 1998
Sold by
Rounds Thomas A and Rounds Nelson J
Bought by
Rounds Thomas A and Rounds Nelson J

Purchase Details

Closed on
Jun 2, 1997
Sold by
Gouveia Raymond H and Root Ronald M
Bought by
Rounds Thomas A and Rounds Nelson J
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
Wilkes Jeffrey Allen $379,000 Orange Coast Title Company
Pierce Nannie Kathryn -- None Available
Pierce Harold L $304,000 Equity Title Orange County-I
Cifelli Tina M -- Commonwealth Land Title Co
Cifelli Tina $375,000 Commonwealth Land Title Co
Boylan Jean M $430,000 First American Title
Rounds Thomas A -- --
Rounds Thomas A -- --
Rounds Thomas A $75,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkes Jeffrey Allen $237,250
Previous Owner Cifelli Tina $300,000
Previous Owner Boylan Jean M $216,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $379,000 -5.0% $266 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
02/19/2014 02/19/14 Price Changed $399,000 -8.1% $280 / Sq Ft
02/05/2014 02/05/14 For Sale $434,000 -- $304 / 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 $2,431 $191,627 $50,000 $141,627
2023 $2,431 $164,514 $40,000 $124,514
2022 $5,912 $437,794 $109,733 $328,061
2021 $5,794 $429,211 $107,582 $321,629
2020 $5,538 $424,811 $106,479 $318,332
2019 $5,444 $416,483 $104,392 $312,091
2018 $5,344 $408,318 $102,347 $305,971
2017 $5,267 $400,313 $100,341 $299,972
2016 $5,109 $392,465 $98,374 $294,091
2015 $4,903 $386,572 $96,898 $289,674
2014 $4,120 $320,106 $80,026 $240,080
Source: Public Records

Agents Affiliated with this Home

  • Mark Gutkowski

    Seller's Agent in 2014

    Mark Gutkowski

    Bennion Deville Homes

    (760) 844-2229

    3 in this area

    130 Total Sales

    Mark Gutkowski
    Section Image
  • Bryan Burns

    Seller Co-Listing Agent in 2014

    Bryan Burns

    Desert Lifestyle Properties

    (760) 567-3712

    34 Total Sales

    Bryan Burns
    Section Image

  • S

    Buyer's Agent in 2014

    Shane Zuspan

    Shane Zuspan

    Section Image

  • S

    Buyer's Agent in 2014

    Shane Zuspan GRI

  • S

    Buyer's Agent in 2014

    Shane Zuspan RETS

    California Desert Association

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-734533PS

APN: 505-302-015

California Riverside County Palm Springs 92262 Old Las Palmas

640 N Belardo Rd, Palm Springs, CA

This home is located at 640 N Belardo Rd, Palm Springs, CA 92262 since 05 February 2014 and is currently estimated at $699,872, approximately $490 per square foot. This property was built in 1961. 640 N Belardo Rd 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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