NOT LISTED FOR SALE

647 E Granvia Valmonte Palm Springs, CA 92262

The Movie Colony Neighborhood

Estimated Value: $2,412,000 - $3,848,173

0.56 Acre
$5,717,961 Price per Acre
24,394 Sq Ft Lot

Last Sold June 24, 2015

Last sale price $800,000 $347 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $19,636/month

259 Days on Market

About This Lot

As of June 2015

MAJOR PRICE REDUCTION FROM ORIGINAL PRICE OF $1M! This CORNER lot in the heart of The Movie Colony is the ONLY AVAILABLE LOT in that area. The former home and tennis court have already been removed; This sought after lot is surrounded by multi million dollar estates and has a straight on west mountain view. Downtown shopping, art galleries and restaurants are only a short stroll away. This 'ready to build' blank canvas in the center of town is an architect's dream!

Last Agent to Sell the Property

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T Listed on: 08/29/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Property Type

Land

Est. Annual Taxes

$27,886

Lot Details

0

Listing Details

  • Active Date: 2014-08-29
  • Driving Directions: Indian Canyon East on Allejo; No. on Via Miraleste; Right on E Granvia Valmonte
  • Full Street Address: 647 E GRANVIA VALMONTE
  • Land Fee Lease: Fee
  • Lot Size Acres: 0.56
  • Primary Object Modification Timestamp: 2015-10-14
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Advertising Remarks: Listing Agent - Louise Hampton, Louise Hampton Team, Berkshire Hathaway Home Services CA Properties. Contact info: PH: 760-320-4586, Email: louise@louisehampton.com, Website: www.louise@louisehampton.com. Director of Buyer Agent Division - Steve Hannegan
  • Builders Tract Code: 5620
  • Builders Tract Name: MOVIE COLONY

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 20473

Utilities

  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Katherine Finchy Ele
  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Lot Info

  • Lot Description: Utilities Underground

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Jun 5, 2015
Sold by
Hertz Chavi
Bought by
Vanhoomissen George T and Van Hoomissen Carla A
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Current Estimated Value
$3,202,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,402,058
Avg. Annual Appreciation
14.53%

Purchase Details

Closed on
May 23, 2005
Sold by
Hanson Robert L and Olson Andrew
Bought by
Hertz Chavi

Purchase Details

Closed on
Jul 7, 2004
Sold by
Tolan Peter J and Tolan Leslie L
Bought by
Hanson Robert L and Olson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,925
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Mcmillen Marilyn and Gray Jacquelyn
Bought by
Tolan Peter J and Tolan Leslie L

Purchase Details

Closed on
Mar 26, 2002
Sold by
Gray Geneva
Bought by
Gray Geneva

Purchase Details

Closed on
Jan 28, 1998
Sold by
Geneva Gray and Gray Geneva Gray
Bought by
Gray Geneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.05%
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
Vanhoomissen George T $800,000 First American Title Company
Hertz Chavi $935,000 Commonwealth Land Title Co
Hanson Robert L $800,000 First American Title Co
Tolan Peter J $650,000 Southland Title Company
Gray Geneva -- --
Gray Geneva -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Robert L $599,925
Previous Owner Tolan Peter J $520,000
Previous Owner Gray Geneva $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2015 06/24/15 Sold $800,000 -20.0% $347 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $1,000,000 -- $433 / 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 $27,886 $2,316,679 $961,476 $1,355,203
2023 $27,886 $2,226,722 $924,142 $1,302,580
2022 $28,459 $2,183,062 $906,022 $1,277,040
2021 $24,599 $1,880,257 $888,257 $992,000
2020 $16,671 $1,339,150 $879,150 $460,000
2019 $10,760 $861,912 $861,912 $0
2018 $10,553 $845,011 $295,754 $549,257
2017 $10,393 $828,443 $289,955 $538,488
2016 $10,080 $812,200 $284,270 $527,930
2015 $7,512 $600,000 $180,000 $420,000
2014 $7,079 $550,000 $165,000 $385,000
Source: Public Records

Agents Affiliated with this Home

  • Louise Hampton

    Seller's Agent in 2015

    Louise Hampton

    Berkshire Hathaway HomeServices California Properties

    (760) 320-4586

    1 in this area

    124 Total Sales

    Louise Hampton
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

  • Dean Sipe

    Buyer Co-Listing Agent in 2015

    Dean Sipe

    Berkshire Hathaway Home Services California Properties

    (760) 422-3132

    56 Total Sales

    Dean Sipe
    Section Image

  • M

    Buyer Co-Listing Agent in 2015

    Michael Horwitz

    Better Homes & Gardens Real Es

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-788019PS

APN: 507-211-002

California Riverside County Palm Springs 92262 The Movie Colony

647 E Granvia Valmonte, Palm Springs, CA

This home is located at 647 E Granvia Valmonte, Palm Springs, CA 92262 since 29 August 2014 and is currently estimated at $3,202,058, approximately $1,387 per square foot. 647 E Granvia Valmonte 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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