$1,465,000
SOLD NOV 8, 2018
4 Beds
5 Baths
2,848 Sq Ft
0.31 Acres

Recently Sold

$514 Per Sq Ft

2% Below List Price

11 Days on Market

About This Home

As of November 2018

Breathtaking views from this private mid-century estate located in the Movie Colony neighborhood of Palm Springs. Private walled and gated corner lot offering amazing views from the beautiful pool and spa, fire pit, or multiple patios and sunning areas. The fully renovated home is open, light and bright and offers amazing views from inside as well. Terrazzo floors throughout the entire property enhance its mid century charm. The great room has a beautiful stone fireplace, custom windows, and pocket sliders leading to the pool area creates the perfect indoor/outdoor lifestyle. Four ensuite bedrooms (one of which is an attached casita ) with perfect separation for privacy and relaxation. Beautifully updated chefs kitchen with stainless appliances, large island, wine refrigerator and dining area. Resort style living centrally located close to downtown. The perfect desert getaway, primary residence, or investment property. This home has a very successful rental history.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 09/28/2018

Compass

Last Buyer's Agent

Gregory Albert

Equity Union License #01226452

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,750

Year Built

1950

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2018-09-28
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Building Size: 2848.0
  • Building Structure Style: Mid Century
  • Driving Directions: Property is on corner of Via Altamira & Avenida Caballeros
  • Full Street Address: 1010 E VIA ALTAMIRA
  • Lot Location: Corner Lot
  • Pool Construction: In Ground
  • Pool Descriptions: Heated, Private Pool
  • Primary Object Modification Timestamp: 2018-11-09
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Private Spa
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Range Hood, Microwave, Range
  • Advertising Remarks: Breathtaking views from this private mid-century estate located in the Movie Colony neighborhood of Palm Springs. Private walled and gated corner lot offering amazing views from the beautiful pool and spa, fire pit, or multiple patios and sunning areas.
  • Total Bedrooms: 4
  • Builders Tract Code: 5620
  • Builders Tract Name: MOVIE COLONY
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Great Room
  • Appliances: Dishwasher
  • Fireplace Features: Fire Pit
  • Floor Material: Terrazzo
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 13504
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse, Guest House Attached
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Type: Garage - Two Door

Utilities

  • Water District: DESERT WATER AGENCY
  • Cooling Type: Air Conditioning, Central A/C, Ceiling Fan(s)
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2019
Sold by
Davis Family Holdings Lp
Bought by
Davis Family Holdings Llc
Current Estimated Value
$1,906,410

Purchase Details

Listed on
Sep 28, 2018
Closed on
Oct 10, 2018
Sold by
Deschner Peter
Bought by
The Davis Family Holdings Lp
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Gregory Albert
Equity Union
List Price
$1,495,000
Sold Price
$1,465,000
Premium/Discount to List
-$30,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%

Purchase Details

Listed on
Sep 8, 2017
Closed on
Apr 28, 2018
Sold by
Deschner Peter
Bought by
Deschner Peter
Seller's Agent
Richard Bartholomew
The Agency
Buyer's Agent
Mike Patakas
Douglas Elliman of California, Inc.
List Price
$1,549,000
Sold Price
$1,400,000
Premium/Discount to List
-$149,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$1,120,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2017
Closed on
Mar 26, 2018
Sold by
Bell Allen Damon and Bell Stuart Howell
Bought by
Deschner Peter
Seller's Agent
Richard Bartholomew
The Agency
Buyer's Agent
Mike Patakas
Douglas Elliman of California, Inc.
List Price
$1,549,000
Sold Price
$1,400,000
Premium/Discount to List
-$149,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2013
Closed on
Nov 14, 2013
Sold by
The Timothy K Mcneal Living Trust
Bought by
Bell Allen Damon and Miller Stuart Howell
Seller's Agent
Mike Langham
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,299,000
Sold Price
$1,299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.76%
Original Mortgage
$650,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 10, 2006
Sold by
Mcneal Timothy Kyle
Bought by
Mcneal Timoth K

Purchase Details

Closed on
Oct 24, 2003
Sold by
Provenza Enzo G
Bought by
Mcneal Timothy Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1998
Sold by
Divita Joyce
Bought by
Divita Michael Anthony
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,465,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,400,000 Chicago Title Company
Grant Deed $1,299,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Personal Reps Deed $410,000 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,120,000 New Conventional
Previous Owner $650,000 Adjustable Rate Mortgage/ARM
Previous Owner $322,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $1,465,000 -2.0% $514 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,495,000 +6.8% $525 / Sq Ft
04/06/2018 04/06/18 Sold $1,400,000 -9.6% $492 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $1,549,000 +19.2% $544 / Sq Ft
12/27/2013 12/27/13 Sold $1,299,000 0.0% $456 / Sq Ft
11/10/2013 11/10/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $1,299,000 -- $456 / 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 $19,750 $1,634,229 $249,315 $1,384,914
2023 $19,750 $1,570,772 $239,635 $1,331,137
2022 $20,154 $1,539,974 $234,937 $1,305,037
2021 $19,741 $1,509,780 $230,331 $1,279,449
2020 $18,839 $1,494,300 $227,970 $1,266,330
2019 $18,510 $1,465,000 $223,500 $1,241,500
2018 $17,701 $1,399,499 $461,834 $937,665
2017 $17,438 $1,372,059 $452,779 $919,280
2016 $16,920 $1,345,156 $443,901 $901,255
2015 $16,276 $1,324,952 $437,234 $887,718
2014 $16,122 $1,299,000 $428,670 $870,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-390602PS

APN: 507-261-010