588 N Patencio Rd Palm Springs, CA 92262

$1,565,000 Sold Price as of 09/19/2014

4 Beds
6 Baths
7,639 Sq.Ft.

Off Market

$1,565,000 Sold Price as of 09/19/2014 Refinance Your Mortgage

Map preview of 588 N Patencio Rd, Palm Springs, CA 92262

Property Overview: 588 N Patencio Rd Palm Springs, CA has 4 bedrooms, 6 bathrooms, 7,639 living square feet and 28,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

588 N Patencio 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 $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 588 N Patencio Rd

Last sold for $1,565,000 on September 19th, 2014

November, 2014
Nov 24, 2014

Date

Price Change

CRMLS: 21470247DA

$1,795,000

Price
Listing provided courtesy of CRMLS

This family home has it all: Over $100,000 in upgrades over last 6 months. Casual luxury and enduring comfort, fantastic craftsmanship and rich, warm textures. As you walk through the grand entrance, you are welcomed by a sprawling living room with vaulted wood ceilings, brilliant indirect lighting and an artfully designed grand fireplace. Proceed through with the luxury of marble at your feet. Open kitchen with stainless appliances, slab granite, large media room with attached game room and bar, five large bedrooms, four full baths and two powder rooms. Outdoor living at its finest: Lagoon style pool, waterfall and spa. Wood burning fireplace, outdoor heaters, lighting and sound system. Multi functional outdoor pool house great for entertaining. Finally, this is all designed to take in the great mountain views and silent mountains beyond. Completely remodeled inside and out since original purchase including bathrooms. A must see!!

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September, 2014
Sep 19, 2014

Date

Sold (Public Records)

Public Records

$1,565,000

Price
July, 2014
Jul 28, 2014

Date

Price Change

CRMLS: 13719737PS

$1,599,000

Price
Jun 12, 2014

Date

Price Change

CRMLS: 13719737PS

$1,595,000

Price
Feb 8, 2014

Date

Price Change

CRMLS: 13719737PS

$1,695,000

Price
Nov 27, 2013

Date

Price Change

CRMLS: 13719737PS

$1,795,000

Price
Listing provided courtesy of CRMLS

Coveted corner lot estate in exclusive Old Las Palmas. This 5 bed 6 bath Mediterranean home is situated on over half an acre. Multiple water features spill into the pool providing a calming ambiance as one enjoys the superior mountain views. Upon entering through the motor court and three car garage one is awed at the volume of space. The sunken living room presents a beautiful handmade marble fireplace. Off of the entry and formal living room there is a billiard room with wet bar and media room. Just beyond that is the master suit encompassing a dressing area with walk in closet and additional cedar storage closet. The water closet is outfitted with a jacuzzi tub, black marble shower, commode and bidet. The north wing of the property consists of a formal dining room, additional beds and bathrooms, Au pairs / maids quarters, laundry room and spectacular kitchen. The kitchen features an eat in breakfast area, integrated subzero and wonderful granite workspaces. Priced below comparable.

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Tax History for 588 N Patencio Rd

Assessed Value (2020): $1,872,047

Year	Land Value	Improved Value	Assessed Value
2020	$601,941	$1,270,106	$1,872,047

About 588 N Patencio Rd

Detailed summary of property

588 N Patencio Rd is a single family home in Palm Springs, CA 92262 and last sold on September 19, 2014 for $1,565,000. This house has 4 bedrooms, 6 bathrooms, roughly 7,639 living square feet, and sits on an approximately 28,314 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 165.25% higher than the current median priced home. 588 N Patencio Rd was last sold on September 19, 2014 for $1,565,000. 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 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 588 N Patencio 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 588 N Patencio Rd

Public county record property details

Beds: 4
Baths: 6
Year built: 1990
Sq. Ft.: 7,639
Lot Size: 28,314
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 7
APN: 505-311-008

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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