NOT LISTED FOR SALE

862 Summit Dr Palm Springs, CA 92262

Mountain Gate Neighborhood

Estimated Value: $790,000 - $923,000

5 Beds
3 Baths
3,015 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 862 Summit Dr, Palm Springs, CA 92262 and is currently estimated at $854,119, approximately $283 per square foot. 862 Summit Dr is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Jones Perry and Jones Monica Kennedy
Bought by
Truong Minh Quang and Nguyen Thien Nga Thi
Current Estimated Value
$854,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Jones Perry and Jones Monica Kennedy

Purchase Details

Closed on
Nov 30, 2012
Sold by
M & T Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 3, 2012
Sold by
Hernandez Jorge
Bought by
M & T Bank

Purchase Details

Closed on
Nov 26, 2007
Sold by
Wagdy Joseph and Botros Emad
Bought by
Hernandez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,925
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2004
Sold by
Guirguis Christin Angela
Bought by
Guirguis Wahid

Purchase Details

Closed on
Jun 9, 2004
Sold by
Mountain Gate Palm Springs Ventures Llc
Bought by
Wagdy Joseph and Botros Emad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,670
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Truong Minh Quang $525,000 Chicago Title Company
Jones Perry -- Ticor Title Riverside
The Secretary Of Housing & Urban Develop -- Old Republic National Title
M & T Bank $581,527 Accommodation
Hernandez Jorge $580,000 Chicago Title Company
Guirguis Wahid -- Fidelity National Title Ins
Botros Emad -- Fidelity National Title Ins
Wagdy Joseph -- Fidelity National Title Ins
Wagdy Joseph $444,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Minh Quang $420,000
Closed Truong Minh Quang $420,000
Previous Owner Hernandez Jorge $547,925
Previous Owner Wagdy Joseph $399,670
Source: Public Records

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 $8,155 $574,158 $68,350 $505,808
2023 $8,155 $551,865 $65,697 $486,168
2022 $8,462 $541,045 $64,409 $476,636
2021 $8,274 $530,438 $63,147 $467,291
2020 $7,728 $525,000 $62,500 $462,500
2019 $6,898 $430,517 $110,388 $320,129
2018 $6,734 $422,076 $108,224 $313,852
2017 $6,882 $413,801 $106,102 $307,699
2016 $6,709 $405,688 $104,022 $301,666
2015 $6,485 $399,596 $102,460 $297,136
2014 $6,520 $391,770 $100,454 $291,316
Source: Public Records

Map

California Riverside County Palm Springs 92262 Mountain Gate

862 Summit Dr, Palm Springs, CA

This home is located at 862 Summit Dr, Palm Springs, CA 92262 and is currently estimated at $854,119, approximately $283 per square foot. 862 Summit Dr 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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