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292 North Palm Canyon Drive

292 North Palm Canyon Drive, Palm Springs, CA 92262
Local assessors in Palm Springs, CA have categorized 292 North Palm Canyon Drive as a commercial type of property. The home was built in 1944 and is 80 years old. The property's lot size has been calculated to be 6,970 square feet. 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.

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. 292 North Palm Canyon Drive is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. 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, 292 North Palm Canyon Drive was last sold in Apr 13, 2021 for $2,226,000. According to our calculations, that's $291.78 per sqft. Prior to that sales transaction, the property was sold for $1,225,000 in Feb 10, 2016. Current property owners are expected to pay $30,036 in taxes per year. The property on 292 North Palm Canyon Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,315,930. To break that down further, the land itself was valued at $343,332. While improvements to the property were assessed at a total of $1,972,598. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1944
  • Building Count: 2
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 7,629
  • Gross Building Area: 7,629
  • Building Area: 7,629
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: MAP OF PALM SPRINGS
  • Land Acres: 0.16
  • Standard Land Use Code: Retail/residential (mixed use)
  • Legal Description 1: LOTS 1 & 2 BLK 25 MB 009/432 SD MAP OF PALM SPRINGS

Ownership

  • Current Owner : 547 N SUNRISE WAY LLC
  • Previous Owner : G FORCE WORLDWIDE LLC
  • Owner Before Previous Owner: MCBRIDE CHERYL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044606

Zoning

  • Zoning: CBD

Geography

  • Parcel: 513-091-017
  • Block: 25
  • Lot: 2
  • Municipality: PALM SPRINGS
  • Latitude: 33.8265
  • Longitude: -116.547

    Address

  • Full Address: 292 N Palm Canyon Dr
  • Address - House Number: 292
  • Street Direction: N
  • Address - Street Name: Palm Canyon
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C004
  • 4-Digit Zip Code: 5510
  • Zip Code: 92262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,036
  • Tax Rate Code Area: 011-008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: GLOBAL PRODUCTION SERVICES LLC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,315,930
  • Assessed Land Value: $343,332
  • Assessed Improvements Value: $1,972,598

    Sales

  • Current Sale Contract Date: Apr 13, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11835076800
  • Current Sale Price: $2,226,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0292378
  • Previous Sale Recording Date: Apr 05, 2016
  • Previous Sale Contract Date: Feb 10, 2016
  • Previous Sale Amount: $1,225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GLOBAL PRODUCTION SERVICES LLC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY VALLEY BANK
  • Previous Mortgage Transaction Date: Apr 05, 2016
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $922,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 292 North Palm Canyon Drive located in?
The 292 North Palm Canyon Drive is a located in the neighborhood of Downtown Palm Springs in Downtown Palm Springs, Palm Springs.
What is the average sales price for listings in 292 North Palm Canyon Drive?
The average sales price for units in 292 North Palm Canyon Drive is $0 currently.

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