166 W San Marco Way Palm Springs, CA 92262

$875,000 Sold Price as of 12/29/2016

3 Beds
2 Baths
2,914 Sq.Ft.

Off Market

$875,000 Sold Price as of 12/29/2016 Refinance Your Mortgage

Map preview of 166 W San Marco Way, Palm Springs, CA 92262

Property Overview: 166 W San Marco Way Palm Springs, CA has 3 bedrooms, 2 bathrooms, 2,914 living square feet and 12,196 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

166 W San Marco 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 $710,000. 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 $142,000 for the down payment and will need roughly $14,200 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 166 W San Marco Way

Last sold for $875,000 on December 29th, 2016

December, 2016
Dec 29, 2016

Date

Sold

CRMLS: 16168536PS

$875,000

Price
Dec 6, 2016

Date

Pending

CRMLS: 16168536PS

$893,400

Price
Nov 12, 2016

Date

Active Under Contract

CRMLS: 16168536PS

$893,400

Price
Oct 31, 2016

Date

Active

CRMLS: 16168536PS

$893,400

Price
Listing provided courtesy of CRMLS

Built by MGM producer and heir to the Sears Roebuck fortune, Armand Deutsch, - "Screenlands" was part of a pristine mid-century enclave that played home to many famous Hollywood personalities. Next owned by "Wizard of Oz" producer/director Mervyn LeRoy and from there sold to Columbia Pictures president Mike Frankovich. This gated enclave is open and spacious with French Limestone flooring throughout. Floor to ceiling wraparound windows look out to an ultra-private yard and sparkling pool - making it light, bright and airy. Fabulous interior floor plan with perfect separation of bedrooms at opposite ends of the house. The Master en-suite includes large sitting room, office/den or gym, opening out to the pool and two outdoor showers.... The timeless natural beauty of this home seduces the senses with its modern,intoxicating fresh approach to its mid-century design.

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December, 2016
Dec 29, 2016

Date

Sold (Public Records)

Public Records

$875,000

Price
July, 2015
Jul 3, 2015

Date

Price Change

CRMLS: 15911119PS

$3,300

Price
Jun 4, 2015

Date

Price Change

CRMLS: 15911119PS

$3,150

Price
Listing provided courtesy of CRMLS

There is no place like this home! Palm Springs mini-estate with attached two car garage. Former home of Hollywood legend Mervyn LeRoy, producer of the timeless classic, The Wizard of Oz. This home was built in 1956 and is a timeless classic itself; mid-century modern and absolutely stunning, both inside and out! Luxurious living space with walls of glass open to the gardens, a fireplace, outdoor showers, plus office/gym. The kitchen boasts a cooking island and built in ovens, dishwasher and a large refrigerator with ice-maker. Large master suite on the east side of home has a restful sitting and dressing area, and master bath with both a stall shower and tub. Nicely separated, the other bedrooms and baths are on the west side of the property. All tile floors, except in the bedrooms, which have large area rugs. For convenience, the laundry room, complete with washer & dryer, is located next to the kitchen. Pool and gardening services, water & trash are included in rent

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November, 2013
Nov 15, 2013

Date

Price Change

CRMLS: 13718131PS

$2,750

Price
Listing provided courtesy of CRMLS

There is no place like this home! This Palm Springs mini estate is gated and has an attached 2 car garage. This home also has a big Hollywood history. A former owner was legendary movie producer Mervyn Leroy, the producer of the timeless movie classic, The Wizard of Oz. This home was built in 1956 and it's a classic mid-century home that is absolutely stunning both inside and out. The large master suite is located on the east side of the home. The master bedroom has a large sitting and dressing area, master bathroom has a stall shower and a bathtub. All tile floors except in the bedrooms, which have large area rugs. Kitchen has a cooking island + 2 built-in ovens, dishwasher, refrigerator and an ice maker. The laundry room is next to the kitchen and comes complete with washer & dryer. The other bedrooms and bathrooms are located on the west side of the property. The pool and gardener services as well as water and trash are included with rent.

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March, 1999
Mar 17, 1999

Date

Sold (Public Records)

Public Records

$225,000

Price

Tax History for 166 W San Marco Way

Assessed Value (2020): $928,556

Year	Land Value	Improved Value	Assessed Value
2020	$233,465	$695,091	$928,556

About 166 W San Marco Way

Detailed summary of property

166 W San Marco Way is a single family home in Palm Springs, CA 92262 and last sold on December 29, 2016 for $875,000. This house has 3 bedrooms, 2 bathrooms, roughly 2,914 living square feet, and sits on an approximately 12,196 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 48.31% higher than the current median priced home. 166 W San Marco Way was last sold on December 29, 2016 for $875,000. Local nearby listings include 7061 Newbury Ave, 7012 Newbury Ave and 20858 Bakal Dr. The average home in Palm Springs, CA is selling in 133 days. There are currently 744 homes for sale in the Palm Springs real estate market and 383 of them are single family homes while 346 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 166 W San Marco 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 166 W San Marco Way

Public county record property details

Beds: 3
Baths: 2
Year built: 1956
Sq. Ft.: 2,914
Lot Size: 12,196
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 13,14
APN: 504-124-007

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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