845 W Chino Canyon Rd Palm Springs, CA 92262

$1,500,000 Sold Price as of 11/18/2014

4 Beds
4 Baths
5,040 Sq.Ft.

Off Market

$1,500,000 Sold Price as of 11/18/2014 Refinance Your Mortgage

Map preview of 845 W Chino Canyon Rd, Palm Springs, CA 92262

Property Overview: 845 W Chino Canyon Rd Palm Springs, CA has 4 bedrooms, 4 bathrooms, 5,040 living square feet and 76,230 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

845 W Chino Canyon 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 845 W Chino Canyon Rd

Last sold for $1,500,000 on November 18th, 2014

November, 2014
Nov 23, 2014

Date

Price Change

CRMLS: 214030254DA

$2,590,000

Price
Listing provided courtesy of CRMLS

Lifetime opportunity to own a home formerly owned by the King...Elvis Presley. This large estate can be restored as you wish to the glory days of the past or to create your own custom retreat. The views of Palm Springs, surrounding mountains and the city lights are spectacular. This home is being sold as is so the buyer can restore or customize to their preference.

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November, 2014
Nov 23, 2014

Date

Price Change

CRMLS: 214003123DA

$3,950,000

Price
Listing provided courtesy of CRMLS

Elvis Presley Estate: Graceland West. Only two houses have been verified to be owned by Elvis at the time of his death - Graceland in Memphis and this one in Palm Springs. The pool view of downtown Palm Springs is spectacular. Mountain Views. Desert views. A view from just about every room. This home is one of the premier celebrity heritage homes in the Palm Springs area; on par with Frank Sinatra and Bob Hope. And it was designed by Albert Frey. One of his few Spanish Colonial Ranch styles of architectures. There are also many authentic rooms, decors, appliances and features in this home: The kitchen, the bathrooms, the multiple vanities, the steam room, the sauna, the wet bar, the jungle room, Elvis's private casita, the enclosed Jacuzzi, and more. For someone wanting to create a masterpiece this is ready to be restored to showroom quality. It could be comparable to the Frank Sinatra Estate on Arenas with an income of up to $5000 a night. Will also consider cash + property trade.

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November, 2014
Nov 18, 2014

Date

Sold (Public Records)

Public Records

$1,500,000

Price
October, 2013
Oct 1, 2013

Date

Sold (Public Records)

Public Records

$1,765,148

Price

Tax History for 845 W Chino Canyon Rd

Assessed Value (2020): $1,648,405

Year	Land Value	Improved Value	Assessed Value
2020	$549,467	$1,098,938	$1,648,405

About 845 W Chino Canyon Rd

Detailed summary of property

845 W Chino Canyon Rd is a single family home in Palm Springs, CA 92262 and last sold on November 18, 2014 for $1,500,000. This house has 4 bedrooms, 4 bathrooms, roughly 5,040 living square feet, and sits on an approximately 76,230 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 154.24% higher than the current median priced home. 845 W Chino Canyon Rd was last sold on November 18, 2014 for $1,500,000. Local nearby listings include 20858 Bakal Dr, 7061 Newbury Ave and 7012 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 845 W Chino Canyon 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 845 W Chino Canyon Rd

Public county record property details

Beds: 4
Baths: 4
Year built: 1946
Sq. Ft.: 5,040
Lot Size: 76,230
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: No
County: Riverside
Lot#: --
APN: 504-211-003

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

$780,000

Median List Price/Sq.Ft.

$471

Median Sold Price

$637,500

Median Sold Price/Sq.Ft.

$445

Total Inventory

451

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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