511 N Los Nietos Palm Springs, CA 92262

$1,200,000 Sold Price as of 08/26/2010
  • 3 Beds
  • 3 Baths
  • 4,178 Sq.Ft.
Off Market
$1,200,000 Sold Price as of 08/26/2010 Refinance Your Mortgage

Map preview of 511 N Los Nietos, Palm Springs, CA 92262

Property Overview: 511 N Los Nietos Palm Springs, CA has 3 bedrooms, 3 bathrooms, 4,178 living square feet and 13,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

511 N Los Nietos 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 511 N Los Nietos

Last sold for $1,200,000 on August 26th, 2010
  • November, 2022

  • Nov 15, 2022

    Date

    Expired

    CRMLS: 22142691

    $3,895,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: 22142691

    $3,895,000

    Price

  • Listing provided courtesy of CRMLS

    This magnificent architectural treasure in the renowned historic Movie Colony neighborhood has multiple upgrades and enhancements. The copper-colored steel roof, considered a "Modified Butterfly" design, rises dramatically to the rear of the great room, reaching out to the stunning panorama of the western mountains. The artful placement of iridescent Raja slate on the facade and interior provide dramatic accents, decorative continuity, and a natural aesthetic. The lighting changes the colors of the stone throughout the day and into the evening. The stepping stone entrance among the desert scaping is highlighted and cooled by the relaxing sound of a refreshing natural stone fountain. The designer kitchen features a full-sized and two double stacking drawer dishwashers, a butler's pantry, a GE Monogram gas stove, and a booster water heater at the kitchen sink. The Italian concrete island and counter, infused with glass, compliment the porcelain tile floors and warm, wooden cathedral ceilings. The game room has a wet bar. Large and luxurious, the primary suite has a breakfast and coffee bar, abundant closets, and a spacious bath featuring a bidet, urinal, and a free-standing copper soaker tub that fills from the ceiling above; the primary shower has four water fixtures, two from the ceiling and two on each sidewall. The additional two en suite guest quarters accessed through the gallery provide privacy and separation. The great room includes a prominent glass-enclosed gas fireplace that also opens to the patio fireplace for gracious outdoor entertaining. The saltwater pool is infinity-edged and centrally located, providing easy access from each home area inside the courtyard. The side yards have a variety of mature fruit trees--fig, blood orange, naval, tangelo, grapefruit, and Meyer lemon. Upgrades include four separately zoned A/C units, four tankless water heaters, a garage with custom cabinetry, a Tesla charging station, and a Bosch Power Max car charger. The wholly-owned, 64-panel Sunpower Solar system, still under the 25-year warranty, provides ample solar-generated electricity covering up to 90% of the monthly electricity costs (usually under $200/mo.) Designed by architect Reuben Walters (http://www.reubenwalters.com/residential.html), who designed the Palm Springs Animal Shelter and The Randon House on San Lorenzo, among other projects. The original blueprints come with the property, as do some furnishings. His original client, who built the house, was from Arizona and wanted a home inspired by Frank Lloyd Wright's Talisen West, infused with colors of the Southwest. Designed for low maintenance and low power costs, this elegant and spacious home is ideal for significant fundraising events, intimate dinner parties, or simply quiet, personal relaxation. Two rental companies' vacation rental income estimates place it in the range of $165,000 to $200,000.

  • August, 2010

  • Aug 26, 2010

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • January, 2006

  • Jan 11, 2006

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

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Tax History for 511 N Los Nietos

Assessed Value (2020): $1,405,755
Year Land Value Improved Value Assessed Value
2020 $463,897 $941,858 $1,405,755

About 511 N Los Nietos

Detailed summary of property

511 N Los Nietos is a single family home in Palm Springs, CA 92262 and last sold on August 26, 2010 for $1,200,000. This house has 3 bedrooms, 3 bathrooms, roughly 4,178 living square feet, and sits on an approximately 13,503 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 103.39% higher than the current median priced home. 511 N Los Nietos was last sold on August 26, 2010 for $1,200,000. Local nearby listings include 1225 Hardt St, 8257 Gardenia Vista Rd and 7061 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 511 N Los Nietos 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 511 N Los Nietos

Public county record property details
Beds
3
Baths
3
Year built
2009
Sq. Ft.
4,178
Lot Size
13,503
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
6
APN
507-211-005

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
61
Loan Type
Conventional (26.92%), FHA (1.92%), VA (0%), Cash (38.46%), Other (5.77%)

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Nearby Homes to 511 N Los Nietos

Data from public records.

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2 Beds | 1 Baths | 1,618 Sq. Ft.
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2 Beds | 2 Baths | 1,737 Sq. Ft.
2 Beds | 2 Baths | 1,737 Sq. Ft.
2 Beds | 2 Baths | 1,737 Sq. Ft.
2 Beds | 1 Baths | 1,618 Sq. Ft.
2 Beds | 1 Baths | 1,618 Sq. Ft.

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