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450 South Monte Vista Drive

450 South Monte Vista Drive, Palm Springs, CA 92262
Sold Jan 10, 2023
$3,000,000
$2,400,000 by Prosperity Home Mortgage Llc
Mortgage Due Feb 01, 2053
Sold Feb 04, 2020
$1,525,000
$1,067,500 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2035
450 South Monte Vista Drive in Palm Springs, CA was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 3 partial bathrooms. 450 South Monte Vista Drive has 3,600 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 12,197 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. 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 attached garage. The garage is 474 sqft. There are a total of 2 available parking spaces. 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. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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 Oct 26, 2022 for $3,000,000. That's $662.69 per sqft. Prior to that sales transaction, the property was also sold in Jan 21, 2020 for $1,525,000. 450 South Monte Vista Drive was last assessed in 2023. The total value of the property was assessed at $1,603,044. Specifically, the land the property is located on was valued at $147,164. While improvements on the property were assessed at a total of $1,455,880. 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 $20,537. The initial tax year of delinquency was in 2018. 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. 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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Stucco Exterior
Wood Exterior
Block Exterior

Parking

Covered Parking
Attached Garage
Open Parking
Gated Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 474
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 4,527
  • Gross Building Area: 4,527
  • Building Area: 3,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,600
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TAHQUITZ PARK 2
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: POR LOT 44 MB 019/002 TAHQUITZ PARK 2

Ownership

  • Current Owner : FERNQUIST DAVID
  • Current Owner 2: NEUMANN GRETCHEN
  • Previous Owner : RC LEGACY TRUST
  • Owner Before Previous Owner: MC MONTE VISTA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Parcel: 513-211-007
  • Lot: 44
  • Municipality: PALM SPRINGS
  • Latitude: 33.8166
  • Longitude: -116.549

    Address

  • Full Address: 450 S Monte Vista Dr
  • Address - House Number: 450
  • Street Direction: S
  • Address - Street Name: Monte Vista
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C013
  • 4-Digit Zip Code: 7322
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 3,286
  • Tax Year: 2023
  • Tax Amount: $20,537
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 011-019

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 2,052,419
  • High Value: 2,393,800
  • Low Value: 1,711,037

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 10, 2023
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $2,930,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,603,044
  • Assessed Land Value: $147,164
  • Assessed Improvements Value: $1,455,880

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Jan 10, 2023
  • Current Sale Transaction ID: 11900825159
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 6111
  • Previous Sale Recording Date: Feb 04, 2020
  • Previous Sale Contract Date: Jan 21, 2020
  • Previous Sale Amount: $1,525,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 10, 2023
  • First Mortgage Loan Amount: $2,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 04, 2020
  • Previous Mortgage Loan Amount: $1,067,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Historic Tennis Club



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Frequently Asked Questions

What neighborhood is 450 South Monte Vista Drive located in?
The 450 South Monte Vista Drive is a house located in the neighborhood of Historic Tennis Club in Historic Tennis Club, Palm Springs.
What is the average sales price for listings in 450 South Monte Vista Drive?
The average sales price for units in 450 South Monte Vista Drive is $0 currently.

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