1011 W Cielo Dr Palm Springs, CA 92262

$2,500,500 Sold Price as of 05/24/2019

2 Beds
2 Baths
1,672 Sq.Ft.

Off Market

$2,500,500 Sold Price as of 05/24/2019 Refinance Your Mortgage

Map preview of 1011 W Cielo Dr, Palm Springs, CA 92262

Property Overview: 1011 W Cielo Dr Palm Springs, CA has 2 bedrooms, 2 bathrooms, 1,672 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1011 W Cielo Dr is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $710,000. The median price per/sqft for Palm Springs is $458. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $142,000 for the down payment and will need roughly $14,200 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $29,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1011 W Cielo Dr

Last sold for $2,500,500 on May 24th, 2019

May, 2019
May 24, 2019

Date

Sold

CRMLS: 18396974PS

$2,500,001

Price
May 15, 2019

Date

Pending

CRMLS: 18396974PS

$2,499,000

Price
Apr 23, 2019

Date

Active Under Contract

CRMLS: 18396974PS

$2,499,000

Price
Mar 16, 2019

Date

Price Change

CRMLS: 18396974PS

$2,499,000

Price
Feb 11, 2019

Date

Active

CRMLS: 18396974PS

$2,695,000

Price
Feb 7, 2019

Date

Hold

CRMLS: 18396974PS

$2,695,000

Price
Oct 15, 2018

Date

Active

CRMLS: 18396974PS

$2,695,000

Price
Listing provided courtesy of CRMLS

Exquisitely blending historical importance and timeless design the"Alexander House" (namesake Dr. Franz Alexander) is truly an extraordinary property. Created in 1956 by Walter S. White who worked with Frank Lloyd Wright, Albert Frey and Rudolf Schindler the 3200 sq, ft property offers infinite views of the Coachella Valley while offering privacy and seclusion. The residence offers three bedrooms and four bathrooms as well as an oversized two car garage. The pool which is perfectly circular in shape has been completed with a separate hot tub. V shaped steel supports the expansive wall of windows on the homes South side and also features a circular steel fireplace and White designed steel pendant chandelier as well as open tread, black steel staircase created by another luminary, Albert Frey. The property is listed on the National Historic Register and is arguably one of the more important pieces of architecture in the Coachella Valley and would qualify for the Mills Act we are told.

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May, 2019
May 24, 2019

Date

Sold (Public Records)

Public Records

$2,500,500

Price
August, 2018
Aug 4, 2018

Date

Expired

CRMLS: 17297012PS

$2,795,000

Price
Feb 2, 2018

Date

Active

CRMLS: 17297012PS

$2,795,000

Price
Listing provided courtesy of CRMLS

Exquisitely blending historical importance and timeless design the"Alexander House" (namesake Dr. Franz Alexander) is truly an extraordinary property. Created in 1956 by Walter S. White who worked with Frank Lloyd Wright, Albert Frey and Rudolf Schindler the 3200 sq, ft property offers infinite views of the Coachella Valley while offering privacy and seclusion. The residence offers three bedrooms and four bathrooms as well as an oversized two car garage. The pool which is perfectly circular in shape has been completed with a separate hot tub. V shaped steel supports the expansive wall of windows on the homes South side and also features a circular steel fireplace and White designed steel pendant chandelier as well as open tread, black steel staircase created by another luminary, Albert Frey. The property is listed on the National Historic Register and is arguably one of the more important pieces of architecture in the Coachella Valley.

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September, 1999
Sep 15, 1999

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1011 W Cielo Dr

Assessed Value (2020): $2,550,001

Year	Land Value	Improved Value	Assessed Value
2020	$663,000	$1,887,001	$2,550,001

About 1011 W Cielo Dr

Detailed summary of property

1011 W Cielo Dr is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Palm Springs, CA 92262 and last sold on May 24, 2019 for $2,500,500. This property has 2 bedrooms, 2 bathrooms, roughly 1,672 living square feet, and sits on an approximately 14,810 square foot lot. Homes in Palm Springs are selling for a median price of $590,000 and a median price per square foot of $412. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 323.81% higher than the current median priced home. 1011 W Cielo Dr was last sold on May 24, 2019 for $2,500,500. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 133 days. There are currently 744 homes for sale in the Palm Springs real estate market and 383 of them are single family homes while 346 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 1011 W Cielo Dr Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 1011 W Cielo Dr

Public county record property details

Beds: 2
Baths: 2
Year built: 1986
Sq. Ft.: 1,672
Lot Size: 14,810
Stories: 2

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: Yes
Spa: No
County: Riverside
Lot#: 21
APN: 504-201-024

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$780,000

Median List Price/Sq.Ft.

$471

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

451

Median Sale to List Price %

98.84%

Avg Days on Market

Loan Type

Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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