1025 E Olive Way Palm Springs, CA 92262

$805,000 Sold Price as of 10/12/2017

3 Beds
2 Baths
1,725 Sq.Ft.

Off Market

$805,000 Sold Price as of 10/12/2017 Refinance Your Mortgage

Map preview of 1025 E Olive Way, Palm Springs, CA 92262

Property Overview: 1025 E Olive Way Palm Springs, CA has 3 bedrooms, 2 bathrooms, 1,725 living square feet and 10,018 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1025 E Olive Way 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 $718,000. 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 $143,600 for the down payment and will need roughly $14,360 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 1025 E Olive Way

Last sold for $805,000 on October 12th, 2017

October, 2017
Oct 13, 2017

Date

Sold

CRMLS: 17251626PS

$805,000

Price
Oct 2, 2017

Date

Pending

CRMLS: 17251626PS

$799,000

Price
Aug 4, 2017

Date

Active Under Contract

CRMLS: 17251626PS

$799,000

Price
Jul 17, 2017

Date

Active

CRMLS: 17251626PS

$799,000

Price
Listing provided courtesy of CRMLS

Discover this meticulously designer appointed turn key furnished, per inventory list, three bedroom and three bath home in the central Palm Springs neighborhood of Ruth Hardy Park. This gated mini compound offers fantastic views of the San Jacinto Mountains from all sides of the property. As an open concept, the great room incorporates the dining area, an open kitchen, as well as a built-in full size bar - making it an entertainer's dream space. The master suite french doors open right on to the spa and the pool area. The two guest bedrooms, each with private outdoor space, share a fabulous guest bath. The private backyard is tiered with multiple lounging spaces, elevated and offering gorgeous mountain views. Additional features included a leased solar system, 2 car garage, and a full laundry area.

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October, 2017
Oct 12, 2017

Date

Sold (Public Records)

Public Records

$805,000

Price
April, 2016
Apr 22, 2016

Date

Sold (Public Records)

Public Records

$688,000

Price
February, 2016
Feb 13, 2016

Date

Price Change

CRMLS: 15960753PS

$695,000

Price
Nov 20, 2015

Date

Price Change

CRMLS: 15960753PS

$739,000

Price
Listing provided courtesy of CRMLS

Located on a choice corner lot in Ruth Hardy Park this home is set back from the road and surrounded by a private lush oasis of green. Inside the home provides for contemporary living with an open floor plan that combines the living room, dining room, and kitchen into one integrated space. Entertaining is easy whether it's fire side in the living room, enjoying a beverage from the dining room's full built-in bar, or chatting with the guests while preparing food in the over sized and beautifully updated kitchen. French doors from the dining room provide access to the west facing patio that has stunning mountain views. Another set of french doors connect this main living space to the south facing pool and elevated spa. The three bedrooms are located in the east wing and are generously sized. Each with french doors to their own private courtyard, the en suite master opening onto the spa and pool beyond. Other amenities include leased solar system, two car garage, and central location!

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Tax History for 1025 E Olive Way

Assessed Value (2020): $840,671

Year	Land Value	Improved Value	Assessed Value
2020	$251,256	$589,415	$840,671

About 1025 E Olive Way

Detailed summary of property

1025 E Olive Way is a single family home in Palm Springs, CA 92262 and last sold on October 12, 2017 for $805,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,725 living square feet, and sits on an approximately 10,018 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 36.44% higher than the current median priced home. 1025 E Olive Way was last sold on October 12, 2017 for $805,000. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 Newbury Ave. The average home in Palm Springs, CA is selling in 130 days. There are currently 769 homes for sale in the Palm Springs real estate market and 397 of them are single family homes while 358 of them are condos and 14 are townhomes. If you are the homeowner and looking to sell the home at 1025 E Olive Way 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 1025 E Olive Way

Public county record property details

Beds: 3
Baths: 2
Year built: 1955
Sq. Ft.: 1,725
Lot Size: 10,018
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 16
APN: 507-141-021

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

$785,000

Median List Price/Sq.Ft.

$472

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

468

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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