1401 E Verbena Dr Palm Springs, CA 92262

$1,280,000 Sold Price as of 12/01/2020

3 Beds
2 Baths
2,168 Sq.Ft.

Off Market

$1,280,000 Sold Price as of 12/01/2020 Refinance Your Mortgage

Map preview of 1401 E Verbena Dr, Palm Springs, CA 92262

Property Overview: 1401 E Verbena Dr Palm Springs, CA has 3 bedrooms, 2 bathrooms, 2,168 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1401 E Verbena 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 1401 E Verbena Dr

Last sold for $1,280,000 on December 1st, 2020

December, 2020
Dec 2, 2020

Date

Sold

CRMLS: 20638682

$1,295,000

Price
Nov 2, 2020

Date

Active Under Contract

CRMLS: 20638682

$1,295,000

Price
Sep 28, 2020

Date

Active

CRMLS: 20638682

$1,295,000

Price
Listing provided courtesy of CRMLS

A picture paints 1000 words and this property could paint a lot more than that. Located in Movie Colony East in central Palm Springs this 1947 bungalow has been completely transformed. Situated on a corner lot with the pool and spa placement on the Southwest corner of the lot taking in the enormous views of the San Jacinto mountains. Polished concrete floors throughout with four updated bedrooms and three updated bathrooms. As you can see Grace Home Furnishings use of exceptional soft goods and papers add to the panache of this desert sanctuary. Large oversized covered outdoor living and dining area taking in the Mid Century oval pool and accompanying new spa. The living areas are open to each other making perfect flow for you and should you choose, entertaining. The seller has also had the ducts replaced, new garage door, new gas lines, and added a new spa. Great rental income history in one of Palm Springs most sought-after locations. Furniture is available outside of escrow

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December, 2020
Dec 1, 2020

Date

Sold (Public Records)

Public Records

$1,280,000

Price
May, 2017
May 5, 2017

Date

Sold

CRMLS: 17203670

$855,000

Price
Apr 10, 2017

Date

Pending

CRMLS: 17203670

$875,000

Price
Mar 18, 2017

Date

Active Under Contract

CRMLS: 17203670

$875,000

Price
Feb 20, 2017

Date

Active

CRMLS: 17203670

$875,000

Price
Listing provided courtesy of CRMLS

Stylish, freshly reimagined early California modern located in historic Movie Colony East on a prime 1/4 acre corner lot. Gated and hedged for privacy. SW exposure provides ample sun & mountain views. Enter through a privacy gate to a sleek,modern landscape with two gas fire features and newly renovated oval pool. Inside, the bright, open living area has high-pitched beamed ceilings & lots of glass to frame the lovely views. Chic new kitchen. Large ensuite master bedroom with double wardrobes and attached lounge/office/workout room with another closet and two patio doors (this room may be used as a lockout 4th bedroom). A spacious hall bath serves the adjacent king-sized guest bedroom. An attached casita with separate entry contains the 3rd bedroom, ensuite bath and laundry room - perfect for guests, staff or rental income. Gated drive ends at an airy two car garage with plenty of storage. Sharp, updated property retains its classic and timeless elegence in a top-notch location.

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May, 2017
May 3, 2017

Date

Sold (Public Records)

Public Records

$855,000

Price
May, 2016
May 27, 2016

Date

Price Change

CRMLS: 16107526PS

$549,000

Price
Mar 20, 2016

Date

Price Change

CRMLS: 16107526PS

$599,000

Price
Listing provided courtesy of CRMLS

Incredibly charming 1946 early California home in the historic Movie Colony East neighborhood of Palm Springs. Corner lot with southwest exposure provides for ample sun and mountain views from the back yard and oval shaped swimming pool. Inside one finds a living room with pitched wooden beam ceilings with lots of windows, separate dining room and galley kitchen. There are three bedrooms and three bathrooms as well as a separate design studio. The perfect place for someone to create their own vision of early Palm Springs in a fantastic location.

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Tax History for 1401 E Verbena Dr

Assessed Value (2020): $915,343

Year	Land Value	Improved Value	Assessed Value
2020	$270,608	$644,735	$915,343

About 1401 E Verbena Dr

Detailed summary of property

1401 E Verbena Dr is a single family home in Palm Springs, CA 92262 and last sold on December 1, 2020 for $1,280,000. This house has 3 bedrooms, 2 bathrooms, roughly 2,168 living square feet, and sits on an approximately 10,454 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 116.95% higher than the current median priced home. 1401 E Verbena Dr was last sold on December 1, 2020 for $1,280,000. Local nearby listings include 1225 Hardt St, 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 1401 E Verbena 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 1401 E Verbena Dr

Public county record property details

Beds: 3
Baths: 2
Year built: 1947
Sq. Ft.: 2,168
Lot Size: 10,454
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 10
APN: 507-256-001

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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