NOT LISTED FOR SALE

1050 E Via Colusa Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $1,394,000 - $1,727,000

4 Beds
3 Baths
2,700 Sq Ft
$568/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $850,000 $315 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,492/month

265 Days on Market

About This Home

As of June 2016

Major Market Price Adjustment! Knock, knock. Who's there? Opportunity! And it doesn't knock twice (although it just did). First time for sale since 1975! Fabulous half-acre-plus walled & gated mini-estate with a cool 1958 mid-century home just doors from the Movie Colony in a perfect Central PS location. Immaculately clean to occupy as is, or remodel/expand/build as you see fit. Kitchen and baths have had upgrades with original tile work and cabinetry for that period feel. Split bedroom plan for privacy, enormous family room w/fireplace and a vaulted wood ceiling in the living room for airy spaciousness are some of the features. The in ground pool & firepit are south-facing overlooking the expansive yard with circular, gated driveway on to wireless views of the San Jacinto Mountains. Other amenities include an outdoor shower and oversized 2-car carport.

Last Agent to Sell the Property

Andrew Linsky

Compass Listed on: 08/26/2015

Compass

Last Buyer's Agent

J Conrad Miller

Berkshire Hathaway Home Services California Properties License #01973983

Berkshire Hathaway Home Services California Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,178

Year Built

1958

Lot Details

0

Listing Details

  • Active Date: 2015-08-26
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 2700.0
  • Building Structure Style: Mid Century
  • Driving Directions: Avenida Caballeros to Via Colusa (between Alejo and Tamarisk). Turn east...house is on the left.
  • Full Street Address: 1050 E VIA COLUSA
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2016-06-02
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Advertising Remarks: Major Market Price Adjustment! Knock, knock. Who's there? Opportunity! And it doesn't knock twice (although it just did). First time for sale since 1975! Fabulous half-acre-plus walled & gated mini-estate with a cool 1958 mid-century home just doors fro
  • Total Bedrooms: 4
  • Builders Tract Code: 5740
  • Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
  • Fireplace: Yes
  • Fireplace Rooms: Family Room
  • Appliances: Dishwasher, Electric Dryer Hookup, Garbage Disposal
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 23087
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Carport Spaces: 2
  • Parking Type: Carport Detached

Utilities

  • Cooling Type: Air Conditioning, Wall Unit(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

Listed on
Aug 26, 2015
Closed on
May 9, 2016
Sold by
Krechman Sheldon
Bought by
Lege Gerald F and Najafi Sousan
Seller's Agent
Andrew Linsky
Compass
Buyer's Agent
J Conrad Miller
Berkshire Hathaway Home Services California Properties
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Current Estimated Value
$1,534,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,945
Avg. Annual Appreciation
5.82%
Original Mortgage
$500,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Krechman Sheldon and Krechman Carole S
Bought by
Krechman Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2014
Sold by
Krechman Sheldon
Bought by
Krechman Sheldon

Purchase Details

Closed on
Mar 6, 2014
Sold by
Krechman Sheldon
Bought by
Krechman Sheldon

Purchase Details

Closed on
Mar 29, 2010
Sold by
Krechman Goldie
Bought by
Krechman Goldie and Krechman Sheldon

Purchase Details

Closed on
Jan 14, 2004
Sold by
Krechman Goldie
Bought by
Krechman Goldie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2001
Sold by
Krechman Goldie
Bought by
Krechman Goldie
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
Lege Gerald F $850,000 First American Title Company
Krechman Sheldon -- Accommodation
Krechman Sheldon -- Lawyers Title Company
Krechman Sheldon -- None Available
Krechman Sheldon -- None Available
Krechman Goldie -- None Available
Krechman Goldie -- --
Krechman Goldie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lege Gerald F $548,250
Closed Lege Gerald F $500,000
Previous Owner Krechman Sheldon $250,000
Previous Owner Krechman Goldie $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $850,000 +0.1% $315 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
01/08/2016 01/08/16 Price Changed $849,000 +0.5% $314 / Sq Ft
01/07/2016 01/07/16 Price Changed $845,000 -15.1% $313 / Sq Ft
08/26/2015 08/26/15 For Sale $995,000 -- $369 / 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 $12,178 $1,680,391 $332,051 $1,348,340
2023 $12,178 $967,150 $319,158 $647,992
2022 $12,422 $948,187 $312,900 $635,287
2021 $12,167 $929,596 $306,765 $622,831
2020 $11,615 $920,065 $303,620 $616,445
2019 $11,412 $902,025 $297,667 $604,358
2018 $11,196 $884,339 $291,832 $592,507
2017 $18,083 $867,000 $286,110 $580,890
2016 $2,159 $153,195 $35,458 $117,737
2015 $1,977 $150,895 $34,926 $115,969
2014 $1,938 $147,942 $34,243 $113,699
Source: Public Records

Agents Affiliated with this Home

  • Andrew Linsky

    Seller's Agent in 2016

    Andrew Linsky

    Compass

    (760) 541-4800

    2 in this area

    89 Total Sales

    Section Image
  • J Conrad Miller

    Buyer's Agent in 2016

    J Conrad Miller

    Berkshire Hathaway Home Services California Properties

    (760) 464-9559

    1 in this area

    46 Total Sales

    Section Image

  • C

    Buyer's Agent in 2016

    Conrad Miller

See All Agents

Map

Source: The MLS

MLS Number: 15-936067PS

The MLS

APN: 507-271-007

California Riverside County Palm Springs 92262 Movie Colony East

1050 E Via Colusa, Palm Springs, CA

This home is located at 1050 E Via Colusa, Palm Springs, CA 92262 since 26 August 2015 and is currently estimated at $1,534,945, approximately $568 per square foot. This property was built in 1958. 1050 E Via Colusa 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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