See Home Value
Palm Springs 92262
425 Suave Lane
$1,224,000 - $1,494,000
House - Off Market

425 Suave Lane

Palm Springs, CA 92262
bedrooms
2 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2151 Sqft
Sold Feb 16, 2017
$677,500
$249,695 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051

About This Property

This stunning modern home in downtown Palm Springs offers a convenient and vibrant lifestyle with access to a variety of dining, shopping, and amenities. Situated in the boutique subdivision of SOL, this community fosters a strong sense of community among its 46 private homes. The sleek and modern open floor plan of this home features walls of glass with collapsing doors creating a seamless flow between indoor and outdoor living spaces. The great room is the heart of the home, with its open concept design that connects it perfectly to the kitchen. This makes it the perfect spot for entertaining friends and family. Whether you're hosting a dinner party or simply enjoying a quiet evening at home, this space is sure to impress. The kitchen is a standout feature, with an oversized island that offers bar seating, ample cabinet space, and quartz countertops. It's a stylish and functional space for cooking and gathering. There are two Primary Suites one up and one down that creates the ideal separation. The Loft area upstairs can be used as a sitting area, home office or your very own workout space. The entire home looks out over your private pool and spa area with a cozy outdoor fireplace for those cool Palm Springs nights. Here are just a few of the recent upgrades: Owned solar, Trane HVAC unit, electric car charger, tankless water heater, pool pavers, Pentair Wi Fi equipment, Culligan water softener, remote electric shades, landscaping, landscaping lights and lots more.

The manager has listed the unit size as 2151 square feet.
Unit Size
2,151Ft²
Days on Market
-
Land Size
-
Price per sqft
$632
Property Type
House
Property Taxes
-
HOA Dues
$316
Year Built
2017

Price History

Date / Event Date Event Price
Apr 1, 2024 No longer available -
No longer available
Nov 4, 2023 Listed $1,359,000
Listed
Feb 16, 2017 Sold to James M Franklin, Karnel L ... $677,500
Sold to James M Franklin, Karnel L ...

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,733
  • Gross Building Area: 2,733
  • Building Area: 2,151
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,151
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT MAP NO 36525
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .10 ACRES M/L IN LOT 41 MB 439/051 TR 36525

Ownership

  • Current Owner : FRANKLIN JAMES M
  • Current Owner 2: FRANKLIN KARNEL L
  • Previous Owner : SOL PS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941400

Geography

  • Subdivision Tract Number: 36525
  • Parcel: 009-619-316
  • Lot: 41
  • Municipality: PALM SPRINGS
  • Latitude: 33.828
  • Longitude: -116.535

    Address

  • Full Address: 425 Suave Ln
  • Address - House Number: 425
  • Address - Street Name: Suave
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C012
  • 4-Digit Zip Code: 0580
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,151
  • Tax Year: 2022
  • Tax Amount: $10,418
  • Tax Rate Code Area: 11-052

    Appraisal Valuation

  • Standard Deviation: 0.0765
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 1,310,912
  • High Value: 1,411,304
  • Low Value: 1,210,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,695
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $249,695
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $978,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $789,808
  • Assessed Land Value: $223,101
  • Assessed Improvements Value: $566,707

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2017
  • Current Sale Recording Date: Feb 16, 2017
  • Current Sale Transaction ID: 1731680396
  • Current Sale Price: $677,500
  • Current Sale Document Type: Assignment of Sub Lease (Hawaii)
  • Current Sale Input Document Number: 2017-0067644



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2.5 Baths
2,072 ft²
$724/ft²
$1,499,900 Sep 12, 2023
-
$175/mo
House
3 Beds
3 Baths
2,188 ft²
$606/ft²
$1,325,000 Jun 8, 2023
-
-
House
3 Beds
3 Baths
2,013 ft²
$633/ft²
$1,275,000 Aug 22, 2023
-
-
House
3 Beds
0.5 Bath
1,900 ft²
$737/ft²
$1,400,000 Nov 16, 2023
-
-
House
3 Beds
3 Baths
2,184 ft²
$682/ft²
$1,490,000 Nov 10, 2023
-
$293/mo
House
3 Beds
2 Baths
2,034 ft²
$651/ft²
$1,325,000 Nov 13, 2023
-
-
House
3 Beds
2 Baths
1,860 ft²
$806/ft²
$1,499,000 Jun 29, 2023
-
-
House
3 Beds
2 Baths
1,944 ft²
$700/ft²
$1,360,000 Oct 25, 2023
-
-
House
3 Beds
2 Baths
1,739 ft²
$719/ft²
$1,250,000 Oct 31, 2023
-
-
House
3 Beds
2 Baths
1,718 ft²
$754/ft²
$1,295,000 Nov 27, 2023
-
-
House
3 Beds
2 Baths
1,466 ft²
$795/ft²
$1,165,000 Sep 4, 2023
-
-
House
4 Beds
3 Baths
2,202 ft²
$647/ft²
$1,424,000 Aug 8, 2023
-
-

About Palm Springs


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Frequently Asked Questions

When was property at 425 Suave Lane built and last sold?
The property at 425 Suave Lane was built in 2017 and last sold on Jan 3, 2017 for $677,500.
How much is this home worth?
The estimated value of the home located at 425 Suave Lane is $1,349,611.
What are some comparable homes to 425 Suave Lane?
Homes that are comparable to 425 Suave Lane include a house property at 141 Holliday Way, 2033 Calle Lileta, 574 North Chiquita Circle.

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