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1593 Lorena Way

1593 Lorena Way, Palm Springs, CA 92262
Property in Vista Norte
Sold Sep 22, 2020
$482,500
$386,000 by Lendus Llc
Mortgage Due Oct 01, 2050
Sold Dec 31, 2002
$247,000
$175,000 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2033
Local assessors in Palm Springs, CA have categorized 1593 Lorena Way as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 6,534 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1593 Lorena Way has a total of 1,438 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1593 Lorena Way sold most recently in Sep 11, 2020 for a total of $482,500. If you work out the math, that's approximately a cost of $244.92 per sqft. Before that, the property was also sold for $247,000 in Nov 14, 2002. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,809 in taxes each year. 1593 Lorena Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $501,992. If we break it down further, the land itself was valued at $125,888. Improvements to the property, however, were assessed at a total of $376,104. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,970
  • Gross Building Area: 1,970
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,438
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: 26364
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 13 MB 271/089 TR 26364-2

Ownership

  • Current Owner : MACK JOSHUA M
  • Previous Owner : MAROUF ASJA NIZETICH
  • Owner Before Previous Owner: LACROIX DARREL J
  • Owner Before Previous Owner 2: LACROIX JOYCE G

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941300

Geography

  • Subdivision Tract Number: 26364-2
  • Parcel: 501-182-020
  • Lot: 13
  • Municipality: PALM SPRINGS
  • Latitude: 33.8497
  • Longitude: -116.529

    Address

  • Full Address: 1593 Lorena Way
  • Address - House Number: 1593
  • Address - Street Name: Lorena
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C079
  • 4-Digit Zip Code: 3472
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 1,438
  • Tax Year: 2023
  • Tax Amount: $6,809
  • Tax Rate Code Area: 011-005

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 760,281
  • High Value: 898,203
  • Low Value: 622,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,000
  • First Open Lien Mortgage Lender: LENDUS LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2020
  • First Open Lien Mortgage Loan Amount: $386,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $514,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $501,992
  • Assessed Land Value: $125,888
  • Assessed Improvements Value: $376,104

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 22, 2020
  • Current Sale Transaction ID: 11788728861
  • Current Sale Price: $482,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0447769
  • Previous Sale Recording Date: Dec 31, 2002
  • Previous Sale Contract Date: Nov 14, 2002
  • Previous Sale Amount: $247,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS LLC
  • First Mortgage Transaction Date: Sep 22, 2020
  • First Mortgage Loan Amount: $386,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Dec 31, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $175,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Jan 01, 2033

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Frequently Asked Questions

What neighborhood is 1593 Lorena Way located in?
The 1593 Lorena Way is a located in the neighborhood of Vista Norte in Vista Norte, Palm Springs.
What is the average sales price for listings in 1593 Lorena Way?
The average sales price for units in 1593 Lorena Way is $0 currently.

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