$1,400,000
SOLD APR 6, 2018
4 Beds
4.5 Baths
2,848 Sq Ft
0.31 Acres

Recently Sold

$492 Per Sq Ft

10% Below List Price

181 Days on Market

Highlights

  • Attached Guest House
  • Heated In Ground Pool
  • Panoramic View
  • Palm Springs High School Rated A-
  • Gourmet Kitchen
  • 4-minute walk to Ruth Hardy Park

About This Home

As of November 2018

Amazing walled and gated mid-century estate in the much sought-after Movie Colony area features wonderful indoor and outdoor entertaining areas with awe-inspiring panoramic palms to mountain vistas. Perfectly situated on a corner lot, the residence is private, yet open. Fully renovated, the four ensuite bedrooms, one being an attached casita, feature sitting areas and spa-like bathrooms with quartz counters and beautiful tile work. The entire residence has terrazzo floors and smooth walls and ceilings. A welcoming open great room has a fireplace, expansive windows and pocket sliders to the stunning swimmer's pool, spa, fire pit, and multiple sunning areas. A state of the art kitchen includes stainless appliances, wine refrigerator, large island, and dining area. Featuring manicured grounds, outdoor shower, two-car garage with unique catering area, and laundry room this is the perfect desert getaway. For the investment minded, this property has experienced a tremendous rental history.

Last Agent to Sell the Property

Richard Bartholomew

The Agency License #01231571 Listed on: 09/08/2017

Co-Listed By

Gregg Fletcher

The Agency License #01070310

Last Buyer's Agent

Mike Patakas

Douglas Elliman of California, Inc. License #01264926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,750

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Stucco Fence
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Stone Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Corian Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Concrete Porch or Patio
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507261010

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,750

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Movie Colony
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Included In Sale: Property to be sold furnished per Seller inventory.
  • List Price per Sq Ft: 543.89
  • Lp Sp Ratio: 0.9038
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: Desert Water Agency
  • Year Built: 1950
  • Co Listing Office Address: 73545 El Paseo, #2504, Palm Desert, CA 92260
  • Co Selling Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Listing I D: 217024034
  • Listing Office Address: 73545 El Paseo, #2504, Palm Desert, CA 92260
  • Selling Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Exhaust Fan, Washer, Stackable W/D Hookup, Refrigerator, Gas Dryer Hookup, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Range Hood: Yes
  • Fireplace Features: Raised Hearth, Stone
  • Flooring: Terrazzo
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower Over Tub, Remodeled, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Corian Counters, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 2848.00
  • Windows Treatments: Drapes, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Other Structures: Guest House Attached
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507261010
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3100
  • Lot Description: Landscaped, Street Public, Street Paved
  • Lot Location: Corner Lot
  • Lot Size: 13504.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

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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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: California Desert 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: California Desert Association of REALTORS®

MLS Number: 217024034

California Desert Association of REALTORS®

APN: 507-261-010