1161 N May Dr Palm Springs, CA 92262

$1,350,000 Sold Price as of 11/30/2016

4 Beds
2 Baths
3,366 Sq.Ft.

Off Market

$1,350,000 Sold Price as of 11/30/2016 Refinance Your Mortgage

Map preview of 1161 N May Dr, Palm Springs, CA 92262

Property Overview: 1161 N May Dr Palm Springs, CA has 4 bedrooms, 2 bathrooms, 3,366 living square feet and 13,939 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1161 N May 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 $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 1161 N May Dr

Last sold for $1,350,000 on November 30th, 2016

November, 2016
Nov 30, 2016

Date

Sold

CRMLS: 16114618PS

$1,355,000

Price
Nov 16, 2016

Date

Pending

CRMLS: 16114618PS

$1,375,000

Price
Oct 17, 2016

Date

Active Under Contract

CRMLS: 16114618PS

$1,375,000

Price
Apr 15, 2016

Date

Price Change

CRMLS: 16114618PS

$1,375,000

Price
Listing provided courtesy of CRMLS

Private Palm Springs Estate, behind gated entrance provides casual elegance in this mid century modern compound! 3 bedrooms 2 baths in main home, and guest house provides 4th bedroom and bath + office, studio or 5th bedroom! Located within a few blocks of downtown, this home has been updated throughout with attention to design and detail. The "essence of California luxury" describes this property, blending luxury and relaxation; sun drenched living & dining with travertine stone flooring, vaulted ceilings, custom lighting, gas fireplace, and multiple sets of doors that open to a private pool area with unobstructed views of San Jacinto Mountains! Separate great room including kitchen with large family room that also opens to backyard pool area. Outdoor lounging areas offer both sun and shaded areas to enjoy. Cool off in a 32 foot pool with five spa jets incorporated directly into the shallow end of the pool. A thoughtfully designed in-pool bench allows you to enjoy a back massage.

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November, 2016
Nov 30, 2016

Date

Sold (Public Records)

Public Records

$1,350,000

Price
November, 2015
Nov 12, 2015

Date

Price Change

CRMLS: 15958517PS

$1,595,000

Price
Listing provided courtesy of CRMLS

CASH-GENERATING FOUR BEDROOM + OFFICE CONTEMPORARY ESTATE WITH WEST-FACING BACKYARD THAT DELIVERS GREAT MOUNTAIN VIEWS! Located within a few blocks of downtown Palm Springs, this stylish home has been carefully enhanced with a strict eye for design and detail. Great location, views and estate-like privacy throughout! Light and bright living and dining area has vaulted ceilings, custom lighting, stone flooring, gas fireplace, and multiple sets of doors that open to the ultra-private backyard that delivers great views, a large pool and multiple entertaining areas. Separate great room includes the kitchen that opens to the large family room that also opens to the backyard. Generous Master Suite with private patio and large bath as well as two more bedrooms that share a private bath. Attached Guest House with separate entrance has a private bath and easy access to the pool! Separate office with access to the entrance of the estate is perfect as a home office or 5th bedroom.

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January, 2002
Jan 25, 2002

Date

Sold (Public Records)

Public Records

$410,000

Price

Tax History for 1161 N May Dr

Assessed Value (2020): $1,201,363

Year	Land Value	Improved Value	Assessed Value
2020	$395,472	$805,891	$1,201,363

About 1161 N May Dr

Detailed summary of property

1161 N May Dr is a single family home in Palm Springs, CA 92262 and last sold on November 30, 2016 for $1,350,000. This house has 4 bedrooms, 2 bathrooms, roughly 3,366 living square feet, and sits on an approximately 13,939 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 128.81% higher than the current median priced home. 1161 N May Dr was last sold on November 30, 2016 for $1,350,000. 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 1161 N May 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 1161 N May Dr

Public county record property details

Beds: 4
Baths: 2
Year built: 2018
Sq. Ft.: 3,366
Lot Size: 13,939
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 10
APN: 507-093-007

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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