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$1,469,261Estimated home value

Beds
3
Baths
3.0
sq ft
2,088

1222 Tamarisk Rd, Palm Springs, CA 92262

1222 Tamarisk Rd

Palm Springs, CA 92262

  • Sold On 11/14/2024
    • Price drop $31,000↓
Villahermosa is a historic 3-bedroom, 3-bath Spanish Hacienda located near Ruth Hardy Park in Palm Springs. Built in 1936, it's believed to have been the guest house of a famous celebrity. This estate property has a private, walled-in lot that 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. Many upgrades include, brand new high-end metal windows, motorized driveway gate, Aqualink pool automation, and updated bathrooms that 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

$716

Year built

1935

HOA

No

Price History

11/13/2024
CRMLS

CRMLS #SB24060846

Sold
$1,460,000
-2.34%
10/28/2024
CRMLS

CRMLS #SB24060846

Pending
$1,495,000
10/02/2024
CRMLS

CRMLS #SB24060846

Listed
$1,495,000

Schools & Community

Neighborhood: 

Movie Colony East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Palm Springs Unified

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

$910,493
Asking price
$1,495,000
Closing costs (~8% of asking)
-$119,600
Est. remaining loan balance
-$464,907
Cash to seller
$910,493

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

$464,907

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: Off Market

Tomo last checked: 12/21/2024 at 10:15 PM

Listing updated: 12/18/2024 at 11:12 AM

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

MLS: CRMLS #SB24060846

CRMLS logo

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