NOT LISTED FOR SALE

1040 E El Alameda Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $1,078,000 - $1,147,011

2 Beds
2 Baths
1,421 Sq Ft
$774/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $575,000 $405 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,433/month

51 Days on Market

About This Home

As of March 2017

This Charming 1935 Home is walking distance to downtown restaurants, coffee shops and shopping and conveniently located three houses down from the park. It sits on the lovely street El Alameda where celebrities like Bob Hope, Bing Crosby and Dorothy Lamour once had their homes. Two Master Suites, a separate Office, separate Den, Laundry room, Wood floors, Vaulted ceilings, Carrara marble, two Fire places, Travertine tile, 12x22 Outdoor living space and beautiful Grounds of almost a quarter of an acre all help to make this ideal Palm Springs Living. Come see and fall in love.

Last Agent to Sell the Property

Iris Cherry

Desert Lifestyle Properties License #01902578 Listed on: 12/31/2016

Desert Lifestyle Properties

Last Buyer's Agent

Judy Koubek

Bennion Deville Homes License #01942155

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,755

Year Built

1935

Lot Details

0

Listing Details

  • Active Date: 2017-02-04
  • Full Bathroom: 2
  • Building Size: 1421.0
  • Building Structure Style: Cottage
  • Driving Directions: Avenieda Caballeros to El Alameda between Tamarisk and Vista Chino. Three houses from Ruth Hardy Park
  • Full Street Address: 1040 E EL ALAMEDA
  • Pool Construction: Gunite
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2017-03-10
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Appliances: Range
  • Advertising Remarks: This Charming 1935 Home is walking distance to downtown restaurants, coffee shops and shopping and conveniently located three houses down from the park. It sits on the lovely street El Alameda where celebrities like Bob Hope, Bing Crosby and Dorothy Lamou
  • Total Bedrooms: 2
  • Builders Tract Code: 5740
  • Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room, Master Bedroom
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Hardwood, Marble
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

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

Garage/Parking

  • Parking Type: Garage Is Attached, Garage - Single Door

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2016
Closed on
Feb 22, 2017
Sold by
Anderson Patrick and Oerton Lisa
Bought by
Mccormick Patricia A and Goodin Steven
Seller's Agent
Iris Cherry
Desert Lifestyle Properties
Buyer's Agent
Judy Koubek
Bennion Deville Homes
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$1,041,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,533
Avg. Annual Appreciation
7.93%

Purchase Details

Listed on
Feb 3, 2012
Closed on
Apr 20, 2012
Sold by
Schneider Timothy Ralph
Bought by
Anderson Patrick and Oerton Lisa
Seller's Agent
Timothy Schneider
Bennion Deville Homes
Buyer's Agent
Iris Cherry
Desert Lifestyle Properties
List Price
$519,000
Sold Price
$440,000
Premium/Discount to List
-$79,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Jul 21, 2004
Sold by
Craig George Courtney and Matgen Richard Paul
Bought by
Schneider Timothy Ralph and Pederson Jeffrey Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Craig George C and Matgen Richard P
Bought by
George Courtney Craig 2002 Trust

Purchase Details

Closed on
Aug 21, 2002
Sold by
Musgrave William Everett and Musgrave Gayle L
Bought by
Craig George C and Matgen Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1998
Sold by
Haupert Marc C
Bought by
Musgrave William Everett and Musgrave Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1994
Sold by
Kelley Peter S and Topel Annegret
Bought by
Haupert Marc C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,113
Interest Rate
8.7%
Mortgage Type
FHA
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
Mccormick Patricia A $575,000 Chicago Title Company
Anderson Patrick $440,000 Orange Coast Title Co
Schneider Timothy Ralph $485,000 Lawyers Title Company
George Courtney Craig 2002 Trust -- --
Craig George C $325,000 First American Title Co
Musgrave William Everett $193,000 Fidelity Title
Haupert Marc C $158,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schneider Timothy Ralph $310,677
Previous Owner Schneider Timothy Ralph $333,700
Previous Owner Craig George C $243,750
Previous Owner Musgrave William Evertt $79,000
Previous Owner Musgrave William Everett $60,000
Previous Owner Musgrave William Everett $154,400
Previous Owner Haupert Marc W $153,260
Previous Owner Haupert Marc C $155,113
Closed Schneider Timothy Ralph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $575,000 -4.0% $405 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $599,000 +36.1% $422 / Sq Ft
05/21/2012 05/21/12 Sold $440,000 -11.8% $310 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
03/20/2012 03/20/12 Price Changed $499,000 -3.9% $351 / Sq Ft
02/03/2012 02/03/12 For Sale $519,000 -- $365 / Sq Ft
Source: The MLS

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 $8,755 $711,952 $200,199 $511,753
2023 $8,755 $684,308 $192,426 $491,882
2022 $8,931 $670,891 $188,653 $482,238
2021 $8,751 $657,737 $184,954 $472,783
2020 $8,358 $650,994 $183,058 $467,936
2019 $8,214 $638,230 $179,469 $458,761
2018 $7,572 $586,500 $175,950 $410,550
2017 $6,224 $476,189 $142,856 $333,333
2016 $6,044 $466,853 $140,055 $326,798
2015 $5,802 $459,842 $137,952 $321,890
2014 $5,733 $450,836 $135,250 $315,586
Source: Public Records

Agents Affiliated with this Home

  • Iris Cherry

    Seller's Agent in 2017

    Iris Cherry

    Desert Lifestyle Properties

    (760) 425-0319

    5 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Judy Koubek

    Bennion Deville Homes

    (760) 413-4377

    11 Total Sales

    Section Image
  • Timothy Schneider

    Seller's Agent in 2012

    Timothy Schneider

    Bennion Deville Homes

    (760) 861-3197

    46 Total Sales

    Section Image
  • Michelle Ye

    Buyer Co-Listing Agent in 2012

    Michelle Ye

    Frontline Funding

    (760) 481-8747

    9 Total Sales

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  • Benjamin Leaskou

    Buyer Co-Listing Agent in 2012

    Benjamin Leaskou

    Desert Lifestyle Properties

    (760) 799-4290

    2 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 16-188946PS

The MLS

APN: 507-231-003

California Riverside County Palm Springs 92262 Movie Colony East

1040 E El Alameda, Palm Springs, CA

This home is located at 1040 E El Alameda, Palm Springs, CA 92262 since 31 December 2016 and is currently estimated at $1,100,503, approximately $774 per square foot. This property was built in 1935. 1040 E El Alameda is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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