1089 E Olive Way Palm Springs, CA 92262

$650,000 Sold Price as of 02/27/2015

4 Beds
2 Baths
2,206 Sq.Ft.

Off Market

$650,000 Sold Price as of 02/27/2015 Refinance Your Mortgage

Map preview of 1089 E Olive Way, Palm Springs, CA 92262

Property Overview: 1089 E Olive Way Palm Springs, CA has 4 bedrooms, 2 bathrooms, 2,206 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

1089 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 1089 E Olive Way

Last sold for $650,000 on February 27th, 2015

February, 2015
Feb 27, 2015

Date

Sold (Public Records)

Public Records

$650,000

Price
February, 2015
Feb 27, 2015

Date

Sold

CRMLS: 14789655PS

$650,000

Price
Aug 30, 2014

Date

Active

CRMLS: 14789655PS

$699,000

Price
Listing provided courtesy of CRMLS

FANTASTIC PRICE! Great location on a quiet, very private street in the Movie Colony East Ruth Hardy Park neighborhood. Mid-Century design, this Palm Springs mini estate has been completely remodeled. 4 bedrooms, 3 bathrooms, two bedrooms are master suits at either end of the house. The kitchen and bathrooms have granite counter tops. Kitchen has new stainless steel slide-in range and matching energy efficient dishwasher. Desert landscape greets you with drought tolerant plants, for easy maintenance. Fabulous pool with mountain views and huge yard to add you own finishing touches.

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November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21476086DA

$699,000

Price
Listing provided courtesy of CRMLS

Seller agrees, reduce the price immediately. Remodeled and updated this classic beauty originally built in 1955 and is over 2,500 sq feet. Tiled through out. 4 bedrooms, 3 bathrooms, 2 are master suites. Formal living room with ledge rock fireplace and wood beamed ceilings, kitchen with breakfast bar, dinning room, family room, laundry room and a lush back yard with swimming pool surrounded by mountain views. Room for your lounge chairs at one end of the patio and your BBQ at the other. Very private. Central Palm Springs The Movie Colony, an exclusive neighborhood has been completely remodeled.

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March, 2014
Mar 4, 2014

Date

Price Change

CRMLS: 13699833PS

$599,000

Price
Feb 25, 2014

Date

Price Change

CRMLS: 13699833PS

$629,000

Price
Jan 7, 2014

Date

Price Change

CRMLS: 13699833PS

$639,000

Price
Nov 2, 2013

Date

Price Change

CRMLS: 13699833PS

$659,000

Price
Sep 24, 2013

Date

Price Change

CRMLS: 13699833PS

$679,000

Price
Aug 29, 2013

Date

Price Change

CRMLS: 13699833PS

$699,000

Price
Listing provided courtesy of CRMLS

Seller agrees, reduce the price immediately. Remodeled and updated this classic beauty originally built in 1955 and is over 2,500 sq feet. Tiled through out. 4 bedrooms, 3 bathrooms, 2 are master suites. Formal living room with ledge rock fireplace and wood beamed ceilings, kitchen with breakfast bar, dinning room, family room, laundry room and a lush back yard with swimming pool surrounded by mountain views. Room for your lounge chairs at one end of the patio and your BBQ at the other. Very private. Central Palm Springs The Movie Colony, an exclusive neighborhood has been completely remodeled.

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May, 2011
May 9, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1089 E Olive Way

Assessed Value (2020): $731,721

Year	Land Value	Improved Value	Assessed Value
2020	$215,293	$516,428	$731,721

About 1089 E Olive Way

Detailed summary of property

1089 E Olive Way is a single family home in Palm Springs, CA 92262 and last sold on February 27, 2015 for $650,000. This house has 4 bedrooms, 2 bathrooms, roughly 2,206 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 10.17% higher than the current median priced home. 1089 E Olive Way was last sold on February 27, 2015 for $650,000. 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 1089 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 1089 E Olive Way

Public county record property details

Beds: 4
Baths: 2
Year built: 1955
Sq. Ft.: 2,206
Lot Size: 10,018
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 20
APN: 507-141-017

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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