2992 N Cypress Rd Palm Springs, CA 92262

$297,000 Sold Price as of 10/31/2014

2 Beds
2 Baths
2,616 Sq.Ft.

Off Market

$297,000 Sold Price as of 10/31/2014 Refinance Your Mortgage

Map preview of 2992 N Cypress Rd, Palm Springs, CA 92262

Property Overview: 2992 N Cypress Rd Palm Springs, CA has 2 bedrooms, 2 bathrooms, 2,616 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

2992 N Cypress Rd 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 $750,000. The median price per/sqft for Palm Springs is $465. 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 $150,000 for the down payment and will need roughly $15,000 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 $31,450. 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 2992 N Cypress Rd

Last sold for $297,000 on October 31st, 2014

November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21475521DA

$204,400

Price
Listing provided courtesy of CRMLS

Oversized Lot Alert! 3BD/2BA w/separate 1BD/BA guest house, clean, upgraded w/granite have been started &/or completed. Biggest bonus is the blank canvas lot that has no landscape or pool! State law requires CO detectors installed for properties having combustible fuel heaters/furnaces, F/P, H/W heaters, clothes dryers, cooking appliance &/or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Rprs:60 sq yds carpeting, W/H, 2 CO detectors. No back-up bids will be accepted for this property. This will supersede the back-up offer selection option of any bid placed on HUDHomestore.com as well as line 10 on the hard copy of the 9548 HUD Sales Contract. Due to this policy change, it is in the buyer's best interest to place their Best & Final offer. If the winning bid is canceled, the property will be re-listed on HUDHomestore.com

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October, 2014
Oct 31, 2014

Date

Sold (Public Records)

Public Records

$297,000

Price
April, 2014
Apr 16, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2992 N Cypress Rd

Assessed Value (2020): $326,377

Year	Land Value	Improved Value	Assessed Value
2020	$71,801	$254,576	$326,377

About 2992 N Cypress Rd

Detailed summary of property

2992 N Cypress Rd is a single family home in Palm Springs, CA 92262 and last sold on October 31, 2014 for $297,000. This house has 2 bedrooms, 2 bathrooms, roughly 2,616 living square feet, and sits on an approximately 10,018 square foot lot. Homes in Palm Springs are selling for a median price of $629,000 and a median price per square foot of $419. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 52.78% lower than the current median priced home. 2992 N Cypress Rd was last sold on October 31, 2014 for $297,000. Local nearby listings include 3600 Mountain Ave #13F, 17384 Kaison Circle and 3700 Mountain Ave #9C. The average home in Palm Springs, CA is selling in 117 days. There are currently 856 homes for sale in the Palm Springs real estate market and 440 of them are single family homes while 403 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 2992 N Cypress Rd 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 2992 N Cypress Rd

Public county record property details

Beds: 2
Baths: 2
Year built: 1986
Sq. Ft.: 2,616
Lot Size: 10,018
Stories: 1

Type: Single Family Residential
Pool: No
Spa: No
County: Riverside
Lot#: 103
APN: 501-212-017

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

$829,000

Median List Price/Sq.Ft.

$485

Median Sold Price

$735,000

Median Sold Price/Sq.Ft.

$467

Total Inventory

505

Median Sale to List Price %

101.38%

Avg Days on Market

Loan Type

Conventional (30.19%), FHA (0%), VA (0%), Cash (18.87%), Other (18.87%)

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