tomo logo

$1,289,000

Beds
2
Baths
2.0
sq ft
1,455

550 E Miraleste Ct, Palm Springs, CA 92262

550 E Miraleste Ct

Palm Springs, CA 92262

  • 29 days on market
Step into the enchanting world of 550 Miraleste Ct, a beautiful turnkey 2-bedroom, 2-bathroom gem in the highly sought-after El Mirador neighborhood of Central Palm Springs. This home exudes charm with its gorgeous kitchen, open living room illuminated by surrounding windows, and a skylight. The inviting outdoor breezeway, adorned with skylights, seamlessly connects indoor and outdoor living. Picture yourself unwinding by the private pool and spa or lounging in the covered gazebo, all while taking in the breathtaking views of the San Jacinto mountains. The property spans nearly half an acre, including an additional 10,000 sq ft vacant lot, offering endless possibilities. Imagine adding a guest house, casita, studio, or even a tennis court; your vision can become a reality. The home's 2-car garage, complete with a convenient storage loft, adds to the practicality of this stunning property. Situated just a short distance from downtown Palm Springs, you'll have easy access to vibrant shops, art galleries, coffee houses, restaurants, and Ruth Hardy Park. 550 Miraleste Ct isn't just a home; it's an opportunity to create your private oasis in a prime location. Don't miss the chance to make this unique property yours. Schedule a viewing today and experience the magic of 550 Miraleste Ct for yourself.

Details

Property type

Single Family Residence

Est. home value

$1,298,288

Lot size

0.46 acres

Price per sq ft

$886

Year built

1970

HOA

No

Price History

05/31/2024
CLAW

CLAW #24397151

Listed
$1,289,000
+21.6%
05/26/2021
CLAW

CLAW #21706224

Sold
$1,060,000
+57.04%
03/29/2019
CLAW

CLAW #19430812

Sold
$675,000

Schools & Community

Neighborhood: 

El Mirador

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$497,441
Asking price
$1,289,000
Closing costs (~8% of asking)
-$103,120
Est. remaining loan balance
-$688,439
Cash to seller
$497,441

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

Seller’s Loan History

Lender

New Wave Lending Group Inc

Loan start date

April 2021

Original loan amount

$738,500

Est. remaining balance

$688,439

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Chen

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?

Similar Homes Nearby

Price drop
CRMLS
$1,399,000
3 bd
|
2 ba
|
1,493 sq ft
|
House

2690 N Kitty Hawk Dr, Palm Springs, CA 92262

Price drop
CLAW
$1,150,000
3 bd
|
2 ba
|
1,338 sq ft
|
House

2295 Nicola Rd E, Palm Springs, CA 92262

Price drop
CLAW
$1,195,000
3 bd
|
2 ba
|
1,424 sq ft
|
House

2395 N Deborah Rd, Palm Springs, CA 92262

Status: Active

Tomo last checked: 06/29/2024 at 6:20 AM

Listing updated: 06/18/2024 at 4:34 PM

Listed by: Chase Owens, Coldwell Banker Res Brokerage Phone #: (760) 776-9898

MLS: CLAW #24397151

CLAW logo

Recently listed in Palm Springs