1040 E Suntan Ln Palm Springs, CA 92264
Deepwell Estates NeighborhoodEstimated Value: $1,729,000 - $2,085,000
3
Beds
2.5
Baths
2,250
Sq Ft
$846/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Two Primary Bedrooms
- Mountain View
- Palm Springs High School Rated A-
- Midcentury Modern Architecture
- Double Shower
About This Home
As of February 2022LATE MID-CENTURY DESERT MODERN ARCHITECTURAL in coveted DEEPWELL ESTATES @ the QUINTESSENTIAL PALM SPRINGS ADDRESS - 1040 SUNTAN LANE was designed in 1974 by acclaimed architect William R. Pauli, A.I.A. as a series of grand and intimate light-filled spaces with walls of glass and soaring 8', 10', and 12' ceilings providing seamless access to landscape designed as outdoor rooms. The home has been lovingly renovated preserving the modernist clean lines, tones, and textures of the era. Interior offers gracious spaces to entertain, showcase cherished art and furnishings, and capture gorgeous panoramic West and South mountains and palm tree views. South-facing w/ outstanding curb appeal. Enter private iron/glass-gated courtyard thru oversized atrium door entry to expansive living/dining room w/ imported porcelain floors & sleek granite fireplace. Features ideal separation of bdrm suites, 3rd bdrm/convertible den, and newly updated kitchen 2021 w/ custom cabinetry, quartz counters, large breakfast bar, porcelain tile walls, oversized Kohler sink, stainless steel appliances including Bosch dishwasher, KitchenAid French-door refrigerator, and special-order eggplant Viking range/hood. Baths feature Ann Sacks stacked tile, glass shower enclosures, and skylights. Multiple options for outdoor entertaining offer total privacy, an outdoor fireplace, grilling/dining areas, sundecks, classic kidney-shaped pool w/ Japanese mosaic tile, huge 8-person spa, and "must-have" outdoor shower. Zen-oasis landscape features manicured hedges, specimen desert plants, boulders, river stone, and custom lighting. DEEPWELL ESTATES tops the list of Palm Springs' well-established neighborhoods as a beautiful, welcoming, and vibrant community with a rich history of stately custom/architectural homes and numerous celebrity residents over the years. In prime SOUTH PALM SPRINGS LOCATION, on a quarter acre of Fee Simple LAND YOU OWN, convenient to local eating, shopping, transport, temple, and chic boutique hotels. Complete all-copper repipe. New roof 2020, interior/exterior paint 2021. 1040 SUNTAN LANE is the perfect address to call HOME.
Last Agent to Sell the Property
HomeSmart Professionals License #01034322 Listed on: 01/19/2022
Last Buyer's Agent
Ryan Bragg
Compass License #02023459
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,587
Year Built
- Built in 1974
Lot Details
- 0.25 Acre Lot
- South Facing Home
- Block Wall Fence
- Property is zoned R1C
Parking
- 4 Open Parking Spaces
- 2 Car Garage
- Driveway
- Guest Parking
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 2,250 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room with Fireplace
- Dining Area
- Den
- Mountain Views
Kitchen
- Breakfast Bar
- Double Oven
- Range with Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Porcelain Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Powder Room
- Double Shower
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Gunite Spa
Outdoor Features
- Covered patio or porch
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 508-432-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2022
Closed on
Feb 4, 2022
Sold by
Cooper Gold Michael and Cooper Tony J
Bought by
David Minear Survivors Trust
Seller's Agent
Michael Gold
HomeSmart Professionals
Buyer's Agent
Ryan Bragg
Compass
List Price
$1,595,000
Sold Price
$1,850,000
Premium/Discount to List
$255,000
15.99%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,964
Avg. Annual Appreciation
0.61%
Purchase Details
Closed on
Aug 5, 2021
Sold by
Alberts Tony Joe and Gold Michael Cooper
Bought by
Gold Michael Cooper and Alberts Tony J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2016
Sold by
Alberts Tony J and Gold Michael Cooper
Bought by
Alberts Gold Trust
Purchase Details
Closed on
Mar 15, 2012
Sold by
Gold Michael Cooper and Alberts Tony J
Bought by
Gold Michael Cooper and Alberts Tony J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2001
Sold by
Richards Stanley
Bought by
Richards Gail S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Purchase Details
Closed on
Aug 2, 2001
Sold by
Landauer Al
Bought by
Landauer Marlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Purchase Details
Closed on
Jul 30, 2001
Sold by
Landauer Marlene R and Richards Gail S
Bought by
Alberts Tony J and Gold Michael Cooper
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Purchase Details
Closed on
Dec 13, 1996
Sold by
Hackner Edward E
Bought by
Landauer Marlene R and Richards Gail S
Similar Homes in Palm Springs, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David Minear Survivors Trust | $1,850,000 | Orange Coast Title | |
| Gold Michael Cooper | -- | Mortgage Connect Lp | |
| Alberts Gold Trust | -- | None Available | |
| Gold Michael Cooper | -- | Lawyers Title Company | |
| Richards Gail S | -- | First American Title Co | |
| Landauer Marlene | -- | First American Title Co | |
| Alberts Tony J | $375,000 | First American Title Co | |
| Landauer Marlene R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gold Michael Cooper | $207,000 | |
| Previous Owner | Gold Michael C | $250,000 | |
| Previous Owner | Gold Michael Cooper | $271,000 | |
| Previous Owner | Gold Michael Cooper | $284,000 | |
| Previous Owner | Gold Michael Cooper | $100,000 | |
| Previous Owner | Gold Michael Cooper | $300,000 | |
| Previous Owner | Gold Michael Cooper | $300,000 | |
| Previous Owner | Alberts Tony J | $300,000 | |
| Previous Owner | Gold Michael Cooper | $29,500 | |
| Previous Owner | Alberts Tony J | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $1,850,000 | +16.0% | $822 / Sq Ft |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/19/2022 01/19/22 | For Sale | $1,595,000 | -- | $709 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $23,587 | $1,887,000 | $566,100 | $1,320,900 |
| 2022 | $6,918 | $522,011 | $156,598 | $365,413 |
| 2021 | $6,778 | $511,777 | $153,528 | $358,249 |
| 2020 | $6,476 | $506,530 | $151,954 | $354,576 |
| 2019 | $6,363 | $496,599 | $148,975 | $347,624 |
| 2018 | $6,244 | $486,862 | $146,055 | $340,807 |
| 2017 | $6,151 | $477,317 | $143,192 | $334,125 |
| 2016 | $5,971 | $467,959 | $140,385 | $327,574 |
| 2015 | $5,731 | $460,931 | $138,277 | $322,654 |
| 2014 | $5,661 | $451,904 | $135,569 | $316,335 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Gold
M
Seller's Agent in 2022
Michael Gold
HomeSmart Professionals
(760) 333-2276
3 in this area
7 Total Sales
-
Buyer's Agent in 2022
Ryan Bragg
Compass
(760) 641-4877
1 in this area
54 Total Sales
Map
Source: The MLS
MLS Number: 21-730280
APN: 508-432-003
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