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2960 Candlelight Lane

2960 Candlelight Lane, Palm Springs, CA 92264
Property in Riverside
Sold Dec 20, 2019
$782,000
$282,000 by Franklin Loan Center
Mortgage Due Jan 01, 2050
Sold Jun 20, 2011
$545,000
$305,400 by Sierra Pacific Mortgage Compan
Mortgage Due Jul 01, 2041
2960 Candlelight Lane has been categorized by the local assessors in Palm Springs, CA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2007. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2960 Candlelight Lane has 2,268 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2960 Candlelight Lane sold most recently in Dec 4, 2019 for a total of $782,000. If you work out the math, that's approximately a cost of $326.92 per sqft. Before that, the property was also sold for $545,000 in May 24, 2011. 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 $10,572 in taxes each year. 2960 Candlelight Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $822,019. If we break it down further, the land itself was valued at $91,977. Improvements to the property, however, were assessed at a total of $730,042. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2006
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,392
  • Gross Building Area: 2,392
  • Building Area: 2,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,268
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 31514
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .15 ACRES M/L IN LOT 54 MB 390/042 TR 31514

Ownership

  • Current Owner : CHU DEBORAH CLARE
  • Previous Owner : SHAW WILLIAM H
  • Previous Owner 2: WILLIAM HERBERT SHAW TRUST
  • Owner Before Previous Owner: LEHRER JOEL R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044807

Geography

  • Subdivision Tract Number: 31514
  • Parcel: 510-360-054
  • Lot: 54
  • Municipality: PALM SPRINGS
  • Latitude: 33.7985
  • Longitude: -116.514

    Address

  • Full Address: 2960 Candlelight Ln
  • Address - House Number: 2960
  • Address - Street Name: Candlelight
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C039
  • 4-Digit Zip Code: 6822
  • Zip Code: 92264

Valuation

    Tax

  • Total Area: 2,268
  • Tax Year: 2023
  • Tax Amount: $10,572
  • Tax Rate Code Area: 011-018

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,158,112
  • High Value: 1,370,553
  • Low Value: 945,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: Dec 20, 2019
  • First Open Lien Mortgage Loan Amount: $282,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $840,510

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $822,019
  • Assessed Land Value: $91,977
  • Assessed Improvements Value: $730,042

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Dec 20, 2019
  • Current Sale Transaction ID: 11711607583
  • Current Sale Price: $782,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0529642
  • Previous Sale Recording Date: Jun 20, 2011
  • Previous Sale Contract Date: May 24, 2011
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE COMPAN
  • Previous Mortgage Transaction Date: Jun 20, 2011
  • Previous Mortgage Loan Amount: $305,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2041

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Frequently Asked Questions

What neighborhood is 2960 Candlelight Lane located in?
The 2960 Candlelight Lane is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 2960 Candlelight Lane?
The average sales price for units in 2960 Candlelight Lane is $0 currently.

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