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702 Axis Way

702 Axis Way, Palm Springs, CA 92262
Property in Riverside
Sold Nov 27, 2013
$460,000
$150,000 by Universal American Mortgage Co
Mortgage Due Dec 01, 2028
Sold Aug 23, 2012
Transfer
Local assessors in Palm Springs, CA have categorized 702 Axis Way as a residential type of property. The home was built in 2012 and is 12 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 9,148 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. 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. If we look only at the heated or air conditioned part of the building, then 702 Axis Way has a total of 2,667 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 461 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a roof that is made of gravel/rock. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 19, 2013 for $460,000. That's $125.34 per sqft. 702 Axis Way was last assessed in 2023. The total value of the property was assessed at $381,056. Specifically, the land the property is located on was valued at $146,511. While improvements on the property were assessed at a total of $234,545. 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 $5,497. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 461
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,670
  • Gross Building Area: 3,670
  • Building Area: 2,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,667
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .21 ACRES IN LOT 82 MB 381/068 TR 32233-2

Ownership

  • Current Owner : ATKINS LINDA
  • Current Owner 2: THE LINDA ATKINS TRUST
  • Previous Owner : LENNAR HOMES OF CALIFORNIA INC
  • Owner Before Previous Owner: MS RIALTO AVANT ATESCENA CA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Subdivision Tract Number: 32233-2
  • Parcel: 677-660-022
  • Lot: 82
  • Municipality: PALM SPRINGS
  • Latitude: 33.8324
  • Longitude: -116.499

    Address

  • Full Address: 702 Axis Way
  • Address - House Number: 702
  • Address - Street Name: Axis
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C079
  • 4-Digit Zip Code: 0570
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 2,667
  • Tax Year: 2023
  • Tax Amount: $5,497
  • Tax Rate Code Area: 011-005

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,030,774
  • High Value: 1,218,895
  • Low Value: 842,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Nov 27, 2013
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2028

    Market Valuation

  • Market Total Value: $829,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,056
  • Assessed Land Value: $146,511
  • Assessed Improvements Value: $234,545

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2013
  • Current Sale Recording Date: Nov 27, 2013
  • Current Sale Transaction ID: 1052441504
  • Current Sale Price: $460,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0559237
  • Previous Sale Recording Date: Aug 23, 2012
  • Previous Sale Contract Date: Aug 14, 2012
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Nov 27, 2013
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2028

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Frequently Asked Questions

What neighborhood is 702 Axis Way located in?
The 702 Axis Way is a located in the neighborhood of Riverside in Palm Springs, Palm Springs.
What is the average sales price for listings in 702 Axis Way?
The average sales price for units in 702 Axis Way is $0 currently.

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