NOT LISTED FOR SALE

Estimated Value: $1,403,000 - $1,790,000

4 Beds
3 Baths
2,080 Sq Ft
$760/Sq Ft Est. Value

Last Sold April 22, 2014

Last sale price $820,000 $394 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,433/month

36 Days on Market

About This Home

As of April 2014

Part of a collection of 90 homes that architect William Krisel designed for the Alexander Construction Company in the late 1950s, this home has been carefully restored and updated with assistance from the original architect himself. One of only 5 of this flat roof design in Twin Palms, these were only ever built on corner lots making it unique in the neighborhood and never repeated in future Alexander developments. A casita added early after construction has been updated and redesigned by Krisel, as has the incredible low water landscaping. Walls of glass in the living room pinch a massive masonry fireplace; each room features its own special view. The home features custom designed kitchen and bath cabinetry based on the original plans now housed at the Getty Museum. Original paint colors used on the exterior. Thoroughly updated with new plumbing and electric systems, this home transports you back to the past but is ready for the 21st century. An icon of architectural heritage.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 02/15/2014

Compass

Last Buyer's Agent

Laurie Ridgeway

HomeSmart Professionals License #01394645

HomeSmart Professionals

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,251

Year Built

1957

Lot Details

0

Listing Details

  • Active Date: 2014-02-15
  • Full Bathroom: 3
  • Building Size: 2080.0
  • Building Structure Style: Mid Century
  • Driving Directions: From E Palm Canyon, turn South on Camino Real, left onto La Jolla - house will be on your right at the corner of La Jolla & Navajo.
  • Full Street Address: 1005 E LA JOLLA RD
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2015-11-20
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Private Spa
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Range Hood, Range
  • Advertising Remarks: Part of a collection of 90 homes that architect William Krisel designed for the Alexander Construction Company in the late 1950s, this home has been carefully restored and updated with assistance from the original architect himself. One of only 5 of this
  • Total Bedrooms: 4
  • Builders Tract Code: 7020
  • Builders Tract Name: TWIN PALMS
  • Fireplace: Yes
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Ceramic Tile
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Carport Spaces: 2
  • Parking Type: Carport Attached

Utilities

  • Cooling Type: Air Conditioning, Central A/C, Zoned A/C, Wall Unit(s)
  • Heating Type: Central Furnace, Wall Heater

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Mar 28, 2014
Sold by
Menrad Chris
Bought by
The Kaino Calter Family Trust
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Laurie Ridgeway
HomeSmart Professionals
List Price
$842,000
Sold Price
$820,000
Premium/Discount to List
-$22,000
-2.61%
Current Estimated Value
$1,580,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,414
Avg. Annual Appreciation
5.89%
Original Mortgage
$574,000
Outstanding Balance
$426,447
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,153,967

Purchase Details

Closed on
Dec 10, 2012
Sold by
Metheny Mark A and Metheny Caskey Lynn
Bought by
Menrad Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
3.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Kaino Calter Family Trust $820,000 Wfg Title Company Of Ca
Menrad Chris $430,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Kaino Calter Family Trust $574,000
Previous Owner Menrad Chris $422,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $820,000 -2.6% $394 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $842,000 -- $405 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,251 $1,005,195 $301,554 $703,641
2023 $12,251 $966,165 $289,846 $676,319
2022 $12,500 $947,221 $284,163 $663,058
2021 $12,245 $928,649 $278,592 $650,057
2020 $11,691 $919,128 $275,736 $643,392
2019 $11,488 $901,107 $270,330 $630,777
2018 $11,272 $883,439 $265,031 $618,408
2017 $11,105 $866,118 $259,835 $606,283
2016 $10,778 $849,137 $254,741 $594,396
2015 $10,361 $836,383 $250,915 $585,468
2014 $5,502 $431,951 $129,585 $302,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-737409PS

APN: 511-034-006