1566 Lorena Way, Palm Springs, CA 92262
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1566 Lorena Way Palm Springs, CA 92262

$410,000 Sold Price as of 01/28/2019
  • 3 Beds
  • 2 Baths
  • 1,232 Sq.Ft.
Sold
$410,000 Sold Price as of 01/28/2019 Refinance Your Mortgage

Map preview of 1566 Lorena Way, Palm Springs, CA 92262

Property Overview: 1566 Lorena Way Palm Springs, CA has 3 bedrooms, 2 bathrooms, 1,232 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Resort Rental in Palm Springs. Impressive Mountain views from the Oversized west facing backyard. Custom pool with lots of patio area to enjoy the palm springs lifestyle with spectacular mountain views. Large cul-de-sac lot provides lots of outside living.. The backyard is so big it feels like your own private Resort. Recently running as a popular air B&B. 3 bedrooms, (one bed room has been temporarily converted into a Den), plus 2 bath. Custom ceramic tile floors throughout, light and open kitchen has tile counters and lots of cabinets, separate dining room, inside laundry room. Open Concept floor plan provides seamless access to the backyard. Located in the Flora Vista Development in Palm Springs.

Listed by Jeff Litton | BRE #00861820 | HomeSmart Professionals
Last checked: 11 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1999
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
218033340DA
City
Palm Springs
County
Riverside
Time on Site
1072 days

Property Details for 1566 Lorena Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Room Information
  • Flooring: Tile
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Block
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), Panoramic
  • Parcel Number: 501182016
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Flora Vista
  • Other Subdivision Name: Flora Vista ()
  • Directions: Please use GPS
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Sale History for 1566 Lorena Way

Last sold for $410,000 on January 28th, 2019
  • January, 2019

  • Jan 29, 2019

    Date

    Sold

    CRMLS: 218033340DA

    $410,000

    Price

  • Jan 29, 2019

    Date

    Pending

    CRMLS: 218033340DA

    $449,000

    Price

  • Dec 20, 2018

    Date

    Active Under Contract

    CRMLS: 218033340DA

    $449,000

    Price

  • Dec 5, 2018

    Date

    Active

    CRMLS: 218033340DA

    $449,000

    Price

  • January, 2019

  • Jan 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

  • April, 2014

  • Apr 15, 2014

    Date

    Sold (Public Records)

    Public Records

    $150,500

    Price

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Tax History for 1566 Lorena Way

Assessed Value (2020): $429,200
Year Land Value Improved Value Assessed Value
2020 $68,850 $360,350 $429,200

Home Value Compared to the Market

This property vs the competition

1566 Lorena Way sold on January 28, 2019 for 30.92% lower than the current median sold price for the city of Palm Springs which is $650,000. The median sold price per/sqft for Palm Springs is $438 and this home is sold at $364.45 per/sqft which puts the price per square foot 16.79% lower than the current median sale per square foot for the city of Palm Springs.

About 1566 Lorena Way

Detailed summary of property

1566 Lorena Way is a single family home that recently sold in Palm Springs, CA 92262. This house offered 3 bedrooms, 2 bathrooms, roughly 1,232 living square feet, and sits on an approximately 8,276 square foot lot. 1566 Lorena Way was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $410,000. Home in Palm Springs are selling for a median price of $650,000 and a median price per square foot of $438. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 30.92% lower than the current median priced home. Local homes that are currently for sale include 2588 Roxbury Dr, 252 N Allen St and 542 E Evans St. While the average home in Palm Springs, CA is selling in 107 days, 1566 Lorena Way has a days on market of 52 days. There are currently 901 homes for sale in the Palm Springs real estate market and 466 of them are single family homes while 420 of them are condos and 15 are townhomes. For more information on this home for sale at 1566 Lorena 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 1566 Lorena Way

Public county record property details
Beds
3
Baths
2
Year built
1999
Sq. Ft.
1,232
Lot Size
8,276
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
9
APN
501-182-016

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
$849,000
Median List Price/Sq.Ft.
$499
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$487
Total Inventory
496
Median Sale to List Price %
98.06%
Avg Days on Market
53
Loan Type
Conventional (14.12%), FHA (1.18%), VA (0%), Cash (44.71%), Other (20%)

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Related Resources to 1566 Lorena Way

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.