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Off market
  • $1,096,900

    1061 E Olive Way, Palm Springs, CA 92262

    3beds
    1,587sqft
    SingleFamily
    Built in 1956
    8,712 Square Feet Lot
    $1,096,900 Zestimate®
    $691/sqft
    $5,777 Estimated rent

    Home value

    $1,096,900

    $1.01M - $1.21M

    $5,777/mo

    Zestimate® history
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    $6,968/mo

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    What's special

    Built in 1956, this sweet 3 bedroom, 2 bath mid-century modern ranch home is full of authentic charm. Lovingly maintained over the years, vintage features include built-ins, pocket doors, and period tile. Spacious living room with a raised hearth fireplace, tongue and groove beamed ceiling, and large picture windows. Retro galley kitchen with an adjacent dining area. Front porch ideal for enjoying a morning cup of coffee. Direct access two-car garage with a laundry area. Relax in the private and peaceful backyard with a covered patio perfect for al fresco dining. Classic kidney-shaped swimming pool and breathtaking mountain views. Situated on a quiet street in the sought-after Movie Colony East neighborhood, you can walk or ride your bike to everything Palm Springs has to offer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Laundry: In Garage, Laundry Area
    Features
    • Has fireplace: Yes
    • Fireplace features: Raised Hearth, Stone, Gas & Wood
    Interior area
    • Total interior livable area: 1,587 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Fencing: Privacy, Fenced
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 507141019

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1956

    Utilities & green energy

    • Sewer: In, Connected and Paid

    Community & HOA

    Location
    • Region: Palm Springs

    Financial & listing details

    • Price per square foot: $691/sqft
    • Tax assessed value: $990,653
    • Annual tax amount: $11,761

    Price history

    DateEventPrice
    3/24/2023Sold$1,100,000+10%$693/sqft
    Source: CDAR/ Desert Area MLS #219091718 Report a problem
    3/10/2023Pending sale$1,000,000$630/sqft
    Source: CRMLS #219091718PS Report a problem
    3/6/2023Listed for sale$1,000,000+589.7%$630/sqft
    Source: Greater Palm Springs Realtors #219091718 Report a problem
    4/5/1996Sold$145,000$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,761 -2.6%$990,653 +2%
    2024$12,078 +288.8%$971,230 +319.6%
    2023$3,106 -0.1%$231,492 +2%
    2022$3,108 +2%$226,954 +2%
    2021$3,047 +4.4%$222,505 +1%
    2020$2,917 +1.7%$220,225 +2%
    2019$2,868 +1.9%$215,908 +2%
    2018$2,815 +1.5%$211,676 +2%
    2017$2,773 $207,527 +2%
    2016$2,773 +7.6%$203,459 +1.5%
    2015$2,577 +1.8%$200,404 +2%
    2014$2,532 $196,481 +0.5%
    2013-- $195,595 +2%
    2012-- $191,761 +2%
    2011-- $188,002 +0.8%
    2010-- $186,599 -0.2%
    2009-- $187,045 +2%
    2008-- $183,379 +2%
    2007-- $179,785 +2%
    2006-- $176,261 +2%
    2005-- $172,805 +3.9%
    2003-- $166,313 +2%
    2002-- $163,053 +2%
    2001$1,947 +2.3%$159,857 +2%
    2000$1,902 $156,724
    Find assessor info on the county website

    Neighborhood: Movie Colony East

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Katherine Finchy
    • Middle: Raymond Cree
    • High: Palm Springs
    • District: Palm Springs Unified

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,096,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,096,900