416 Terno Ln Palm Springs, CA 92262

$--

2 Beds
2 Baths
2,209 Sq.Ft.

Off Market

Map preview of 416 Terno Ln, Palm Springs, CA 92262

Property Overview: 416 Terno Ln Palm Springs, CA has 2 bedrooms, 2 bathrooms, 2,209 living square feet and 4,791 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

416 Terno Ln 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 $789,000. The median price per/sqft for Palm Springs is $478. 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 $157,800 for the down payment and will need roughly $15,780 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 $38,750. 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 416 Terno Ln

Last sold for $738,965 on September 25th, 2015

September, 2015
Sep 28, 2015

Date

Price Change

CRMLS: 215005066DA

$738,965

Price
Feb 23, 2015

Date

Price Change

CRMLS: 215005066DA

$727,500

Price
Listing provided courtesy of CRMLS

Located in the Brand New Sol Community. This detached home offers a rare and wonderful opportunity to own a brand new home in the heart of Downtown Palm Springs. Premier shopping, dining and other first-class amenities are all very close by. This home is loaded with upgrades including pool, spa and all landscaping, indoor and outdoor fireplaces, wall to ceiling glass and spectacular views. Walk in closets and private bathroom with every bedroom. There is a very cool community dog park and the community is gated. You can bring the outdoors in with a stacking doors in the master with its private balcony and the bi-fold doors in the living room. There two great floorplans available at Sol and model homes of each available to tour.

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Tax History for 416 Terno Ln

Assessed Value (2020): $903,281

Year	Land Value	Improved Value	Assessed Value
2020	$250,444	$652,837	$903,281

About 416 Terno Ln

Detailed summary of property

416 Terno Ln is a single family home in Palm Springs, CA 92262 and is currently off market. This house has 2 bedrooms, 2 bathrooms, roughly 2,209 living square feet, and sits on an approximately 4,791 square foot lot. Homes in Palm Springs are selling for a median price of $775,000 and a median price per square foot of $455. Local nearby listings include 1158 E Benedict Rd, 6124 Mckinley Ave and 7797 Elmwood Rd. The average home in Palm Springs, CA is selling in 108 days. There are currently 901 homes for sale in the Palm Springs real estate market and 467 of them are single family homes while 417 of them are condos and 17 are townhomes. If you are the homeowner and looking to sell the home at 416 Terno Ln 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 416 Terno Ln

Public county record property details

Beds: 2
Baths: 2
Year built: 2014
Sq. Ft.: 2,209
Lot Size: 4,791
Stories: 3

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: --
APN: 009-619-312 Secured: 508-620-037

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

$829,888

Median List Price/Sq.Ft.

$490

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

502

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (15.6%), FHA (2.75%), VA (1.83%), Cash (38.53%), Other (14.68%)

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(714) 706-1823

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