816 N Patencio Rd Palm Springs, CA 92262

$5,750,000 Sold Price as of 05/18/2016

5 Beds
9 Baths
6,678 Sq.Ft.

Off Market

$5,750,000 Sold Price as of 05/18/2016 Refinance Your Mortgage

Map preview of 816 N Patencio Rd, Palm Springs, CA 92262

Property Overview: 816 N Patencio Rd Palm Springs, CA has 5 bedrooms, 9 bathrooms, 6,678 living square feet and 64,468 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

816 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 816 N Patencio Rd

Last sold for $5,750,000 on May 18th, 2016

May, 2016
May 18, 2016

Date

Sold (Public Records)

Public Records

$5,750,000

Price
April, 2016
Apr 8, 2016

Date

Price Change

CRMLS: 16975579PS

$6,995,000

Price
Jan 29, 2016

Date

Price Change

CRMLS: 16975579PS

$8,950,000

Price
Listing provided courtesy of CRMLS

The ultimate Old Las Palmas estate, taking inspiration from the architecture of the desert's modernism movement. This Palm Springs modern estate embodies the best of the area's coveted architecture with a level of luxury never offered before. Nearly 1.5 acres of grounds created by renowned landscape architect Steve Martino is securely maintained by gates, walls & soaring privacy hedge. The roughly 8000 SF home designed by A. Quincy Jones disciple, Donn Boss AIA is surrounded by 7 negative edge pools & multiple fire features making the home appear to float on water or balance on glass, offering a dramatic living experience unique to the area. Limestone and riff cut oak floors combined with the Varenna Poliform kitchen, Agape bathrooms and Fleetwood doors & windows speak to the level of overall quality & detail throughout. For those wanting to be in Old Las Palmas yet desire newer construction, expansive grounds, privacy & tennis court, this is the finest offering ever on the market.

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September, 2005
Sep 16, 2005

Date

Sold (Public Records)

Public Records

$3,200,000

Price

Tax History for 816 N Patencio Rd

Assessed Value (2020): $6,223,984

Year	Land Value	Improved Value	Assessed Value
2020	$2,164,864	$4,059,120	$6,223,984

About 816 N Patencio Rd

Detailed summary of property

816 N Patencio Rd is a single family home in Palm Springs, CA 92262 and last sold on May 18, 2016 for $5,750,000. This house has 5 bedrooms, 9 bathrooms, roughly 6,678 living square feet, and sits on an approximately 64,468 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 874.58% higher than the current median priced home. 816 N Patencio Rd was last sold on May 18, 2016 for $5,750,000. 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 816 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 816 N Patencio Rd

Public county record property details

Beds: 5
Baths: 9
Year built: 2007
Sq. Ft.: 6,678
Lot Size: 64,468
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: 24,25
APN: 505-273-015

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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