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2522 South Sierra Madre

2522 South Sierra Madre, Palm Springs, CA 92264
Property in Riverside
Sold Jan 18, 2008
$240,000
$173,100 by Paramount Equity Mortgage Llc
Mortgage Due Jan 01, 2030
Sold Dec 14, 2007
$225,500
2522 South Sierra Madre in Palm Springs, CA was first built in 1966 and is 58 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 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. 2522 South Sierra Madre has 1,542 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 1,307 square feet.

Learn more about the property and building on this page. The roof of the home is made of gravel/rock. 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 carport. 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. 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. The property was last sold in Jan 7, 2008 for $240,000. That's $129.45 per sqft. Prior to that sales transaction, the property was also sold in Nov 28, 2007 for $225,500. 2522 South Sierra Madre was last assessed in 2023. The total value of the property was assessed at $302,981. Specifically, the land the property is located on was valued at $75,739. While improvements on the property were assessed at a total of $227,242. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,091. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,307
  • Total Building Area: 1,854
  • Gross Building Area: 1,854
  • Building Area: 1,542
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,542
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLA ROMA
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: POR UNIT 30 CM 001/027 INT IN COMMON TR 3048 MB 052/001

Ownership

  • Current Owner : BURKMAN KENNETH C
  • Previous Owner : WORLD SAVINGS BANK FSB
  • Owner Before Previous Owner: FURTADO RICK J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 940500

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 3048
  • Parcel: 512-120-038
  • Lot: 30
  • Municipality: PALM SPRINGS
  • Latitude: 33.7859
  • Longitude: -116.542

    Address

  • Full Address: 2522 S Sierra Madre
  • Address - House Number: 2522
  • Street Direction: S
  • Address - Street Name: Sierra Madre
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C051
  • 4-Digit Zip Code: 9479
  • Zip Code: 92264

Valuation

    Tax

  • Total Area: 1,542
  • Tax Year: 2023
  • Tax Amount: $4,091
  • Tax Rate Code Area: 011-003

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 570,877
  • High Value: 685,541
  • Low Value: 456,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,100
  • First Open Lien Mortgage Lender: PARAMOUNT EQUITY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 02, 2015
  • First Open Lien Mortgage Loan Amount: $173,100
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2030

    Market Valuation

  • Market Total Value: $326,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,981
  • Assessed Land Value: $75,739
  • Assessed Improvements Value: $227,242

    Sales

  • Current Sale Contract Date: Jan 07, 2008
  • Current Sale Recording Date: Jan 18, 2008
  • Current Sale Transaction ID: 1041671865
  • Current Sale Price: $240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2008-0030425
  • Previous Sale Recording Date: Dec 14, 2007
  • Previous Sale Contract Date: Nov 28, 2007
  • Previous Sale Amount: $225,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 18, 2008
  • First Mortgage Loan Amount: $192,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2038

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Frequently Asked Questions

What neighborhood is 2522 South Sierra Madre located in?
The 2522 South Sierra Madre is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 2522 South Sierra Madre?
The average sales price for units in 2522 South Sierra Madre is $0 currently.

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