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$812,000

Beds
3
Baths
2.75
sq ft
1,562

1950 N Magnolia Rd, Palm Springs, CA 92262

1950 N Magnolia Rd

Palm Springs, CA 92262

  • 8 days on market
    • Open house Dec 22
Welcome to your serene 1958 retreat! Nestled on a spacious corner lot, the San Jacinto Mountains as a backdrop that perfectly blend indoor and outdoor desert living with modern comfort and classic charm. The main house features two ensuite bedrooms, ensuring comfort and privacy and a powder room, while an additional ensuite bedroom in the attached casita provides ample space for guests or family. The great room invites you in with a well-appointed kitchen, a cozy dining area, and a spacious living room, all seamlessly connected. Step through the French doors to a generous outdoor paradise featuring both covered and uncovered patios, a refreshing pool, a sprawling lawn, and relaxing water feature, surrounded by lush desert vegetation, all enclosed by a privacy wall. This meticulously updated home boasts modern baths, new windows and doors, multi-zone A/C, a newer water heater, and a recently replaced roof. Located just minutes from downtown Palm Springs, this oasis offers convenience and tranquility in one perfect package. Come and experience the magic of desert living today!

Details

Property type

Single Family Residence

Est. home value

$986,751

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$520

Year built

1958

Price History

12/10/2024
DesertArea

DesertArea #219121162

Listed
$812,000
-3.22%
11/19/2024
CLAW

CLAW #24394401

Removed
$839,000
07/29/2024
CLAW

CLAW #24394401

Price change
$839,000
-14.3%

Schools & Community

Neighborhood: 

Ranch Club

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Palm Springs

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

$224,108
Asking price
$812,000
Closing costs (~8% of asking)
-$64,960
Est. remaining loan balance
-$522,932
Cash to seller
$224,108

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

Seller’s Loan History

Lender

United American Mortgage Corp

Loan start date

April 2022

Original loan amount

$550,000

Est. remaining balance

$522,932

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Tyler Barrs

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?

Status: Active

Tomo last checked: 12/18/2024 at 12:05 AM

Listing updated: 12/17/2024 at 12:50 PM

Listed by: Marc D Lange, Equity Union Phone #: (760) 621-0395

MLS: DesertArea #219121162

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