NOT LISTED FOR SALE

701 N Patencio Rd Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $3,230,000 - $4,223,000

5 Beds
6 Baths
3,726 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $3,000,000 $805 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $23,390/month

About This Home

As of September 2018

Property is being entered into the MLS for historical sale proposes only and is not available for showings.

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 09/05/2018

Bennion Deville Homes

Last Buyer's Agent

Douglas Turold

Compass License #01976547

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,164

Year Built

1926

Lot Details

0

Listing Details

  • Active Date: 2018-09-05
  • Full Bathroom: 4
  • Half Bathroom: 2
  • Building Size: 3726.0
  • Building Structure Style: Spanish
  • Driving Directions: Take Chino Drive until it turns into Patencio. Property is on the west side of the street.
  • Full Street Address: 701 N PATENCIO RD
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2018-09-24
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1926

Interior Features

  • Bathroom Features: Powder Room
  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Built-In BBQ, Range Hood, Microwave, Range
  • Advertising Remarks: Property is being entered into the MLS for historical sale proposes only and is not available for showings.
  • Total Bedrooms: 5
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Great Room, Living Room, Master Bedroom, Patio
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Vented Exhaust Fan, Washer
  • Floor Material: Concrete Slab, Hardwood
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 22216
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse
  • Patio: Covered Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Features: Auto Driveway Gate
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Dual
  • Heating Type: Central Furnace, Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Palmer Kevin L and Ellicott Joseph Thomas
Bought by
P & E Residential Llc
Current Estimated Value
$3,829,378

Purchase Details

Listed on
Sep 5, 2018
Closed on
Sep 27, 2018
Sold by
Palmer Kevin L and Ellicott Joseph Thomas
Bought by
Palmer Kevin L and Ellicott Joseph Thomas
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Douglas Turold
Compass
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$2,081,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Aug 15, 2018
Sold by
Fielding James D and Briones Edison
Bought by
Palmer Kevin L and Ellicott Joseph Thomas
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Douglas Turold
Compass
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,081,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2018
Sold by
Fielding James D
Bought by
Briones Edison

Purchase Details

Closed on
Mar 19, 2013
Sold by
Fielding James D
Bought by
Fielding James D

Purchase Details

Closed on
Mar 8, 2011
Sold by
Perkins Matt
Bought by
Fielding James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Anderson Toni D
Bought by
Perkins Matt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2007
Sold by
Anderson Toni D
Bought by
Anderson Toni Dee

Purchase Details

Closed on
Feb 21, 2007
Sold by
Anderson Scott
Bought by
Anderson Toni D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 26, 2007
Sold by
Scarioni Carol J
Bought by
Anderson Toni D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
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
P & E Residential Llc -- None Available
Palmer Kevin L -- None Available
Palmer Kevin L $3,000,000 Orange Coast Title Company
Briones Edison -- None Available
Fielding James D -- None Available
Fielding James D $1,125,000 First American Title
Perkins Matt -- Accommodation
Anderson Toni Dee -- None Available
Anderson Toni D -- First American Title Company
Anderson Toni D $1,915,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palmer Kevin L $2,081,250
Previous Owner Fielding James D $787,500
Previous Owner Anderson Toni D $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $3,000,000 0.0% $805 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $3,000,000 -- $805 / 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 $40,164 $855,386 $150,000 $705,386
2023 $40,164 $3,216,603 $230,522 $2,986,081
2022 $40,991 $3,153,533 $226,002 $2,927,531
2021 $40,144 $3,091,700 $221,571 $2,870,129
2020 $38,297 $3,060,000 $219,300 $2,840,700
2019 $37,624 $3,000,000 $215,000 $2,785,000
2018 $16,322 $1,288,802 $443,352 $845,450
2017 $16,080 $1,263,532 $434,659 $828,873
2016 $15,603 $1,238,758 $426,137 $812,621
2015 $15,007 $1,220,152 $419,737 $800,415
2014 $14,863 $1,196,253 $411,516 $784,737
Source: Public Records

Agents Affiliated with this Home

  • Patrick Jordan

    Seller's Agent in 2018

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    11 in this area

    273 Total Sales

    Patrick Jordan
    Section Image
  • Douglas Turold

    Buyer's Agent in 2018

    Douglas Turold

    Compass

    (760) 464-8850

    1 in this area

    30 Total Sales

    Douglas Turold
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-382144PS

APN: 505-291-005

California Riverside County Palm Springs 92262 Old Las Palmas

701 N Patencio Rd, Palm Springs, CA

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