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522 Skylar Lane

522 Skylar Lane, Palm Springs, CA 92262
Property in Riverside
Sold Apr 19, 2021
$1,200,000
$960,000 by Evergreen Moneysource Mortgage
Mortgage Due May 01, 2051
Sold Nov 26, 2019
$885,000
$550,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2049
522 Skylar 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 2014 and is 10 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 3 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, 522 Skylar Lane has 2,649 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 8,276 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 attached garage for those who require parking. The garage measured 533 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 B by the local assessor. The roof of the building is made of gravel/rock. 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, 522 Skylar Lane sold most recently in Mar 24, 2021 for a total of $1,200,000. If you work out the math, that's approximately a cost of $341.59 per sqft. Before that, the property was also sold for $885,000 in Nov 7, 2019. 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 $16,554 in taxes each year. 522 Skylar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,248,480. If we break it down further, the land itself was valued at $135,252. Improvements to the property, however, were assessed at a total of $1,113,228. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 533
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 3,513
  • Gross Building Area: 3,513
  • Building Area: 2,649
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,649
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 32233 2
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .19 ACRES IN LOT 87 MB 381/068 TR 32233-2

Ownership

  • Current Owner : CAIN SHANNON MARIE
  • Previous Owner : WARREN GWENDOLYN
  • Previous Owner 2: PEREZ DIANA
  • Owner Before Previous Owner: AUSTIN RANDAL B
  • Owner Before Previous Owner 2: AUSTIN GLORIA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941200

Geography

  • Subdivision Tract Number: 32233-2
  • Parcel: 677-660-027
  • Lot: 87
  • Municipality: PALM SPRINGS
  • Latitude: 33.8311
  • Longitude: -116.5

    Address

  • Full Address: 522 Skylar Ln
  • Address - House Number: 522
  • Address - Street Name: Skylar
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C079
  • 4-Digit Zip Code: 0561
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,649
  • Tax Year: 2023
  • Tax Amount: $16,554
  • Tax Rate Code Area: 011-005

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,387,221
  • High Value: 1,641,542
  • Low Value: 1,132,901

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,010,000
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 19, 2021
  • First Open Lien Mortgage Loan Amount: $960,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: PENTAGON FCU
  • Second Open Lien Mortgage Recording Date: Sep 17, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 23, 2051

    Market Valuation

  • Market Total Value: $1,059,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,248,480
  • Assessed Land Value: $135,252
  • Assessed Improvements Value: $1,113,228

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Transaction ID: 11831569137
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0242734
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 07, 2019
  • Previous Sale Amount: $885,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Mortgage Transaction Date: Apr 19, 2021
  • First Mortgage Loan Amount: $960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 26, 2019
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 522 Skylar Lane located in?
The 522 Skylar Lane is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 522 Skylar Lane?
The average sales price for units in 522 Skylar Lane is $0 currently.

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