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$1,595,000

Beds
3
Baths
3.0
sq ft
2,088

1222 Tamarisk Rd, Palm Springs, CA 92262

1222 Tamarisk Rd

Palm Springs, CA 92262

  • 20 days on market
Villahermosa is a historic 3-bedroom, 3-bath Spanish Hacienda located near Ruth Hardy Park in Palm Springs' Movie Colony East area. Built in 1936, it's believed to have been the guest house of a famous celebrity. The private, walled-in lot feels like your own park, with a tall ficus hedge for privacy. Majestic mountain views and a walkable distance to downtown add to the appeal. Step through the stained-glass front door and feel the warmth and soul of this classic hacienda. The brick fireplace in the living room is just one of many beautiful features. The kitchen is fully equipped with brand new, chef-quality appliances. Updated bathrooms retain their original charm. French doors in every major room open to the large, private backyard with a 36-foot swimming pool and hot tub. Enjoy fresh citrus from the grapefruit, pomegranate, tangerine, and lime trees. Several outdoor seating and dining areas invite you to relax and enjoy the property. The current owners have lovingly maintained and enjoyed the home for 21 years.

Details

Property type

Single Family Residence

Est. home value

$1,469,261

Lot size

0.32 acres

Price per sq ft

$764

Year built

1935

Price History

03/28/2024
CRMLS

CRMLS #SB24060846

Listed
$1,595,000
+551.02%
12/02/1999
DesertArea

DesertArea #4902896

Sold
$245,000

Schools & Community

Neighborhood: 

Movie Colony East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Palm Springs Unified

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$994,544
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$472,856
Cash to seller
$994,544

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Franklin Loan Center

Loan start date

November 2020

Original loan amount

$510,400

Est. remaining balance

$472,856

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Michael Block and Angela Block

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/17/2024 at 2:05 AM

Listing updated: 04/12/2024 at 7:20 PM

Listed by: Angelia Block, Real Estate West, Inc. Phone #: (310) 546-3441

MLS: CRMLS #SB24060846

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Disclaimers

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-17 01:19 PDT and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.