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$1,295,000

Beds
2
Baths
2.25
sq ft
2,965

4962 Frey Way, Palm Springs, CA 92262

4962 Frey Way

Palm Springs, CA 92262

  • 1 day on market
Welcome to one of the largest, most private, and elegantly updated light-filled homes in Escena. This home is approx 2965 sq ft of luxury living, and has plenty of entertaining space both inside and out. The front courtyard makes a perfect first impression for this home. It has plenty of entertainment space with room for dining and includes a fire feature. Once inside the home you will see a large dining room which could also be a den or office, and then a few steps forward you will enter the massive great room with fireplace and sliders to the pool and spa. The chef's kitchen is newer with large breakfast bar and walk in pantry. Don't miss the back hall off the kitchen with generous 2 car garage access, powder room and drop zone with even more storage. Privately tucked away off the great room is the huge first floor primary, with windows on 3 sides and pool access. It boosts 2 large walk-in closets, and a large dual vanity bath with shower and tub. Upstairs is a small office with window. In addition, there is a second great room with sliders and balcony overlook the pool. The guest room also has two closets and a large ensuite. This floor is a perfect private retreat. The current owners resurfaced outdoor decking, refreshed the landscaping and refinished the pool and built out the primary closet.

Details

Property type

Single Family Residence

Est. home value

$1,222,335

Lot size

6,098.4 sq ft

Price per sq ft

$437

Year built

2011

Monthly HOA fee

$240

Price History

01/19/2025
DesertArea

DesertArea #219123151

Listed
$1,295,000
+15.83%
07/22/2024
CLAW

CLAW #24346007

Sold
$1,118,000
06/19/2024
CLAW

CLAW #24346007

Pending
$1,118,000

Schools & Community

Neighborhood: 

Escena

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, 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

$731,056
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$460,344
Cash to seller
$731,056

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

April 2022

Original loan amount

$485,000

Est. remaining balance

$460,344

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Bryan Boomershine and Robert Levine

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: 01/20/2025 at 5:55 AM

Listing updated: 01/19/2025 at 9:50 PM

Listed by: Bill Lieber, Bennion Deville Homes Phone #: (760) 459-0057

MLS: DesertArea #219123151

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