Mediterranean home in Palm Springs, CA
A Mediterranean home in Palm Springs, CA, it offers 3 bedrooms and 2 bathrooms across 2,229 square feet. Its Mediterranean character defines the property's look.
| Price | $635,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 2229 |
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| Architectural style | Mediterranean (69% match) |
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| Address | 992 Mira Grande, Palm Springs, CA 92262 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on HomeFinder.
Is this a good buy?
Priced in line with the area.
- At $635K, this home is 2% above the $624K median for 57 similar Mediterranean homes in Palm Springs, CA.
- That works out to $285 per square foot, 38% below the $459 comparable rate.
| This home | $635,000 |
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| Mediterranean median in Palm Springs, CA | $624,000 (57 homes) |
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| Price per sq ft | $285 vs. $459 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,349/month with 20% down at a 7.28% 30-year fixed rate. You would need about $186,382 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,476/mo |
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| Property tax (new-buyer reassessed rate) | $635/mo |
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| Homeowners insurance | $238/mo |
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| Total monthly | $4,349/mo |
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| Down payment (20%) | $127,000 |
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| Income needed | $186,382/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (74 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (74/100) |
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| Beats renting in | 32% of modeled paths |
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| Modeled 5-yr equity (median) | $380,903 |
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| Range (10th to 90th pct) | $246,823 to $541,996 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on HomeFinder