NOT LISTED FOR SALE

979 E San Lorenzo Rd Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $2,096,000 - $2,324,000

3 Beds
2 Baths
1,757 Sq Ft
$1,263/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $525,000 $299 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $13,785/month

74 Days on Market

About This Home

As of January 2017

Built in 1950, this home is in a great neighborhood, on a fantastic street in a highly desirable area of Palm Springs. Three large bedrooms, two baths with the cool retro mid-century vibe. Huge livingroom with lots of windows that showcases the large back yard with pool, South and West mountain views. The backyard features seven fruit trees, huge pool and covered patio. This is a great home for enteraining. Needs some current updates to make it your own. Don't miss your opportunity to own in this great neighborhood of Tahquitz River Estates.

Last Agent to Sell the Property

Jeffrey Schramer

Bennion Deville Homes License #01435211 Listed on: 10/07/2016

Co-Listed By

Terry Murphy

Bennion Deville Homes License #01346949

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,722

Year Built

1950

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-10-07
  • Full Bathroom: 2
  • Building Size: 1757.0
  • Building Structure Style: Mid Century
  • Driving Directions: North on Sunrise to San Lorenzo, turn left on San Lorenzo
  • Full Street Address: 979 E SAN LORENZO RD
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-02-13
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Eating Areas: Breakfast Nook, Dining Area
  • Appliances: Range
  • Advertising Remarks: Jeff Schramer. BRE #01435211. Phone (760) 567-9771
  • Total Bedrooms: 3
  • Builders Tract Code: 7000
  • Builders Tract Name: TAHQUITZ RIVER ESTAT
  • Fireplace: Yes
  • Levels: Ground Level, One Level
  • Fireplace Rooms: Living Room
  • Appliances: Dryer, Washer
  • Floor Material: Carpet, Laminated
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10890
  • Common Walls: Attached

Garage/Parking

  • Parking Type: Garage - Single Door

Utilities

  • Sewer: In, Connected & Paid
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Omega Investment Group Llc
Bought by
Sun Owen
Current Estimated Value
$2,218,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2018
Sold by
Luxury Estates Ca Llc
Bought by
Omega Investment Group Llc

Purchase Details

Listed on
Oct 7, 2016
Closed on
Dec 29, 2016
Sold by
Patten Bernard M
Bought by
Luxury Estates Ca Llc
Seller's Agent
Jeffrey Schramer
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$673,894
Sold Price
$525,000
Premium/Discount to List
-$148,894
-22.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.06%
Original Mortgage
$749,900
Interest Rate
4.13%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 19, 2005
Sold by
Patten Ethel
Bought by
Patten Bernard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Patten Bernard M and Bruno Thomas A
Bought by
Patten Bernard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.62%
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
Sun Owen $1,849,000 Chicago Title
Omega Investment Group Llc -- Accommodation
Luxury Estates Ca Llc $525,000 Orange Coast Title Company
Patten Bernard M -- New Century Title Company
Patten Bernard M $520,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Owen $1,200,000
Previous Owner Luxury Estates Ca Llc $749,900
Previous Owner Patten Bernard M $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2017 01/24/17 Sold $525,000 -8.4% $299 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/07/2016 12/07/16 Price Changed $573,000 -8.0% $326 / Sq Ft
11/02/2016 11/02/16 Price Changed $623,000 -7.6% $355 / Sq Ft
10/07/2016 10/07/16 For Sale $673,894 -- $384 / Sq Ft
Source: The MLS

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 $23,722 $1,967,374 $424,483 $1,542,891
2023 $23,722 $1,890,980 $408,000 $1,482,980
2022 $24,145 $1,849,000 $400,000 $1,449,000
2021 $6,255 $464,191 $394,191 $70,000
2020 $5,310 $390,150 $390,150 $0
2019 $5,277 $546,209 $136,552 $409,657
2018 $7,289 $535,500 $133,875 $401,625
2017 $6,835 $525,000 $187,356 $337,644
2016 $6,120 $473,000 $142,000 $331,000
2015 $5,962 $473,000 $142,000 $331,000
2014 $5,392 $423,000 $127,000 $296,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeffrey Schramer

    Bennion Deville Homes

  • Terry Murphy

    Seller Co-Listing Agent in 2017

    Terry Murphy

    Bennion Deville Homes

    (760) 832-3758

    36 Total Sales

    Terry Murphy
    Section Image

  • N

    Buyer's Agent in 2017

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: The MLS

MLS Number: 16-169484PS

The MLS

APN: 508-263-003

California Riverside County Palm Springs 92264 Tahquitz River Estates

979 E San Lorenzo Rd, Palm Springs, CA

This home is located at 979 E San Lorenzo Rd, Palm Springs, CA 92264 since 07 October 2016 and is currently estimated at $2,218,511, approximately $1,262 per square foot. This property was built in 1950. 979 E San Lorenzo Rd is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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