tomo logo

$1,575,000

Beds
3
Baths
1.75
sq ft
1,431

1529 S Calle Palo Fierro, Palm Springs, CA 92264

1529 S Calle Palo Fierro

Palm Springs, CA 92264

  • 171 days on market
Welcome to Calle Palo Fierro... One of the most charming properties we've sold in Palm Springs! This updated 3/2 mid century (built in 1949) offers stunning wire-free views from its very lush, private and gated corner lot in tony Tahquitz River Estates. The home was fully renovated throughout with classic yet contemporary details: modern kitchen and bathrooms, tile floors, gorgeous tiled fireplace in living room with adjacent dining area, updated pool & spa, multiple patios and more. The walls of glass in the living area provide tons of light and the views of the mountains are amazing from resort-like outdoors with dining and lounge areas. The primary bedroom includes en-suite bath, custom California Closets, and a private patio. The two guest rooms share an updated hallway bath. This property has OWNED solar and EV charging installed, dual-zoned HVAC, and is being sold turn-key furnished, no exclusions. The property offers a single car garage with additional driveway parking for several cars. Tahquitz River Estates is *currently* eligible for a "full" short-term rental permit, but this is subject to change, please do your own due diligence prior to submitting an offer. This home is currently an active & successful vacation rental. We love this part of Tahquitz River Estates, it is perfectly situated; walkable to many goodies: Bar Cecil! Koffi! The Ace! El Mirasol! Yet it is tucked away and private... your own Shangri-La. This is one of our favorite properties in a beloved part of town.

Details

Property type

Single Family Residence

Est. home value

$1,630,083

Property condition

Updated/Remodeled

Lot size

6,098 sq ft

Price per sq ft

$1,101

Year built

1949

HOA

No

Price History

05/17/2024
CLAW

CLAW #24346623

Listed
$1,575,000
04/25/2024
CLAW

CLAW #24346623

Removed
$1,575,000
01/22/2024
CLAW

CLAW #24346623

Listed
$1,575,000
-7.35%

Schools & Community

Neighborhood: 

Tahquitz River Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$277,302
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$1,171,698
Cash to seller
$277,302

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2022

Original loan amount

$1,220,000

Est. remaining balance

$1,171,698

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Irene Shung and The Irene Shung Separate Property Trust

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: 07/01/2024 at 9:50 AM

Listing updated: 06/26/2024 at 1:14 PM

Listed by: Elizabeth Coughlin, Henry Dodge Properties, Inc Phone #: (310) 487-0835

MLS: CLAW #24346623

CLAW logo

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