See Home Value
$1,755,000 - $2,145,000
House - Off Market

1200 Pasatiempo Road

Palm Springs, CA 92262
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2286 Sqft
Sold Apr 01, 2024
$1,900,000
$1,520,000 by Logan Finance Corporation
Mortgage Due Apr 01, 2054
Sold Oct 25, 2022
$920,000

About This Property

Welcome to 1200 Pasatiempo Rd, located in the beautiful Movie Colony East neighborhood of Palm Springs! This wonderfully redesigned modern Spanish home has a fantastic layout that guides you through the main living spaces. With four bedrooms and two and a half baths, this home is the perfect retreat for a family or an STR that can maximize your profits.

As you walk into the home, you are greeted by a large living room that transitions into the wet bar and stunning custom kitchen. This kitchen has been completely redone with updated cabinets, countertops, appliances, and LED floating shelves! Right off the kitchen is a beautiful dining room with an oversized chandelier and a sunroom to enjoy the outdoors while still inside!

The large main suite has a beautiful bathroom and a walk-in closet. Custom pendant lights hang over the nightstands, and a sliding door allows for a lot of natural light. Head into the bathroom, and you will see more natural light from the large window in the curbless shower! Three other bedrooms throughout the home add plenty of space for friends and family.

A ton of work has been done inside and outside of this home. A few updates include new flooring, complete plumbing re-pipe of the water lines, repaired roof, HVAC system, Anderson windows, complete pool remodel, and so much more!

Being in one of the most prestigious neighborhoods in Palm Springs, this home has it all! STR homes in this neighborhood are currently netting over 150K a year of passive rental income.

No HOA. No Land Lease. All work has been inspected and permitted through the City of Palm Springs. Home inspection and appraisal are available upon request.

The manager has listed the unit size as 2286 square feet.
Unit Size
2,286Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$853
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980

Price History

Date / Event Date Event Price
Apr 4, 2024 No longer available -
No longer available
Feb 10, 2024 In contract -
In contract
Feb 9, 2024 Price Increased $1,950,000
↑ $350K (21.9%)
Price Increased
Dec 2, 2023 Price Decreased $1,600,000
↓ $50K (3%)
Price Decreased
Nov 6, 2023 Listed $1,649,999
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,091
  • Gross Building Area: 3,091
  • Building Area: 2,257
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,257
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: EL MIRADOR PARK
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 29 MB 021/025 EL MIRADOR PARK

Ownership

  • Current Owner : COHAN JUSTIN
  • Current Owner 2: BURSE WILLIAM
  • Previous Owner : KRAPFPORTER PROPERTIES LLC
  • Owner Before Previous Owner: KAHN MOHAMMAD A
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044602

Zoning

  • Zoning: R1C

Geography

  • Parcel: 507-132-015
  • Lot: 29
  • Municipality: PALM SPRINGS
  • Latitude: 33.8389
  • Longitude: -116.532

    Address

  • Full Address: 1200 Pasatiempo Rd
  • Address - House Number: 1200
  • Address - Street Name: Pasatiempo
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C005
  • 4-Digit Zip Code: 4962
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 1,929
  • Tax Year: 2023
  • Tax Amount: $11,900
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 011-021

    Appraisal Valuation

  • Standard Deviation: 0.0768
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 94
  • Final Value: 1,590,548
  • High Value: 1,712,826
  • Low Value: 1,468,270

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,520,000
  • First Open Lien Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Open Lien Mortgage Recording Date: Apr 01, 2024
  • First Open Lien Mortgage Loan Amount: $1,520,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $926,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $920,000
  • Assessed Land Value: $340,000
  • Assessed Improvements Value: $580,000

    Sales

  • Current Sale Contract Date: Mar 27, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Transaction ID: 11923579209
  • Current Sale Price: $1,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 94193
  • Previous Sale Recording Date: Oct 25, 2022
  • Previous Sale Contract Date: Oct 18, 2022
  • Previous Sale Amount: $920,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Mortgage Transaction Date: Apr 01, 2024
  • First Mortgage Loan Amount: $1,520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,200 ft²
$725/ft²
$1,595,000 Feb 6, 2024
-
-
House
3 Beds
3 Baths
2,153 ft²
$741/ft²
$1,595,000 Dec 12, 2023
-
$250/mo
House
3 Beds
3 Baths
1,725 ft²
$1,303/ft²
$2,247,000 Feb 7, 2024
-
-
House
3 Beds
2.5 Baths
2,728 ft²
$585/ft²
$1,595,000 May 11, 2023
-
-
House
3 Beds
3 Baths
3,085 ft²
$614/ft²
$1,895,000 Jan 29, 2024
-
$260/mo
House
3 Beds
3.5 Baths
3,440 ft²
$629/ft²
$2,165,000 Jan 11, 2024
-
$290/mo
House
4 Beds
4.5 Baths
4,643 ft²
$430/ft²
$1,995,000 Sep 28, 2023
-
-

About Ruth Hardy Park


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Frequently Asked Questions

When was property at 1200 Pasatiempo Road built and last sold?
The property at 1200 Pasatiempo Road was built in 1980 and last sold on Mar 27, 2024 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 1200 Pasatiempo Road is $1,677,838.
What are some comparable homes to 1200 Pasatiempo Road?
Homes that are comparable to 1200 Pasatiempo Road include a house property at 1172 North May Drive, 452 Chelsea Drive, 1030 East Tachevah Drive.

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