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1308 Esperanza Trail

1308 Esperanza Trail, Palm Springs, CA 92262
Property in Riverside
Sold May 14, 2021
$520,000
$220,000 by Frontwave Cu
Mortgage Due Jun 01, 2051
Sold Oct 26, 2005
$472,500
$377,600 by K Hovnanian American Mortgage
Mortgage Due Nov 01, 2035
1308 Esperanza Trail in Palm Springs, CA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1308 Esperanza Trail has 2,748 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1308 Esperanza Trail was last sold in Mar 9, 2021 for $520,000. According to our calculations, that's $160.54 per sqft. Prior to that sales transaction, the property was sold for $472,500 in Oct 24, 2005. Current property owners are expected to pay $7,020 in taxes per year. The property on 1308 Esperanza Trail was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $541,008. To break that down further, the land itself was valued at $78,030. While improvements to the property were assessed at a total of $462,978. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,239
  • Gross Building Area: 3,239
  • Building Area: 2,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 30058
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .21 ACRES IN LOT 101 MB 382/057 TR 30058

Ownership

  • Current Owner : SARMIENTO MATTHEW
  • Current Owner 2: RAMOS EDWARD
  • Previous Owner : MILLER PATRICK ALVA
  • Previous Owner 2: THE PATRICK ALVA MILLER LIVING
  • Owner Before Previous Owner: K HOVNANIANS FOUR SEASONS AT PALM SPRING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044605

Geography

  • Subdivision Tract Number: 30058
  • Parcel: 669-710-050
  • Lot: 101
  • Municipality: PALM SPRINGS
  • Latitude: 33.8651
  • Longitude: -116.532

    Address

  • Full Address: 1308 Esperanza Trl
  • Address - House Number: 1308
  • Address - Street Name: Esperanza
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C017
  • 4-Digit Zip Code: 9772
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,748
  • Tax Year: 2023
  • Tax Amount: $7,020
  • Tax Rate Code Area: 011-011

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 720,205
  • High Value: 843,990
  • Low Value: 596,421

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: FRONTWAVE CU
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $461,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,008
  • Assessed Land Value: $78,030
  • Assessed Improvements Value: $462,978

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11835665942
  • Current Sale Price: $520,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0301305
  • Previous Sale Recording Date: Oct 26, 2005
  • Previous Sale Contract Date: Oct 24, 2005
  • Previous Sale Amount: $472,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRONTWAVE CU
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • Previous Mortgage Transaction Date: Oct 26, 2005
  • Previous Mortgage Loan Amount: $377,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

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Frequently Asked Questions

What neighborhood is 1308 Esperanza Trail located in?
The 1308 Esperanza Trail is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 1308 Esperanza Trail?
The average sales price for units in 1308 Esperanza Trail is $0 currently.

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