NOT LISTED FOR SALE

Estimated Value: $2,271,175 - $2,887,000

3 Beds
3.5 Baths
3,813 Sq Ft
$703/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $1,318,640 $346 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $15,585/month

102 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Gated Community
  • Palm Springs High School Rated A-
  • Solar Power System
  • Modern Architecture

About This Home

As of July 2014

An understated composition, akin to a Spanish village home. We reveal an experience at each corner, unfolding room to roam...vestiare to salon, lounge to grand parlor, loggia to a fireside outdoor gathering --- Anthony Poon, international award winning architect and designer of these homes. Encompassing the finest materials, this Villa includes imported Italian cabinetry from Modulo Cucina, Thermadore appliances, Quartz solid surfaces and the attention to detail you would expect from a developer that has received the National Association of Homebuilders Builder of the Year! Nestled in the Indian Canyons area, overlooking the Canyon South course, this masterpiece reflects the sophisticated design and lifestyle of the Palm Springs cache. More details include energy efficiency built in, not added on. A Solar electrical system (which can be upgraded), Tankless water heater, multizoned air handling system and even low E dual glazed glass are already included. Lot 65 on Fee (not lease) land!

Last Agent to Sell the Property

John Young

HomeSmart License #01191383 Listed on: 02/21/2014

HomeSmart

Last Buyer's Agent

John Nelson

Coldwell Banker Realty License #01116367

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,428

Lot Details

  • 0.33 Acre Lot
  • On Golf Course
  • Sprinklers on Timer

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Car Garage

Property Views

  • Golf Course
  • Mountain

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 3,813 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Solar Power System

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 512340016

Community Details

Overview

  • Built by Alta Verde Group
  • Monte Sereno Subdivision, Esplanade Floorplan

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,428

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builder Model Name: Esplanade
  • Builder Name: Alta Verde Group
  • Builders Tract Code: Monte Sereno
  • Building Style: Modern
  • List Price per Sq Ft: 343.26
  • Lp Sp Ratio: 1.0075
  • View Type: Golf Course, Mountain(s)
  • Listing I D: 214007336
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Member Fax: (760) 778-8003
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Monte Sereno
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 3813.00

Exterior Features

  • Roofing: Flat, Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Tankless

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 350.00
  • Total Monthly Association Fees: 350.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 512340016
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.3300
  • Lot Location: On Golf Course
  • Lot Size: 14400.00

Green Features

  • Green Energy Efficient: Construction, Water Heater, Windows, Insulation, Electrical/Lighting
  • Green Energy Generation: Solar
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Lerner Marc and Lerner Debby
Bought by
White Steven K and Smith Neal
Current Estimated Value
$2,680,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jun 13, 2014
Sold by
Alta Verde Sereno Llc
Bought by
Lerner Marc and Lerner Debby
Seller's Agent
John Young
HomeSmart
Buyer's Agent
John Nelson
Coldwell Banker Realty
List Price
$1,308,840
Sold Price
$1,318,640
Premium/Discount to List
$9,800
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$659,320
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2013
Sold by
Ridgeback Monte Sereno Llc
Bought by
Alta Verde Sereno Llc

Purchase Details

Closed on
Mar 26, 2013
Sold by
Ridgeback Monte Sereno Llc
Bought by
Alta Verde Sereno Llc

Purchase Details

Closed on
Nov 13, 2008
Sold by
Crv Monte Sereno Lp
Bought by
Riverside Monte Sereno Return Llc
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 Buyer Sale Price Title Company
White Steven K $1,750,000 Equity Title
Lerner Marc $1,319,000 First American Title Company
Alta Verde Sereno Llc -- First American Title Company
Alta Verde Sereno Llc -- First American Title Company
Riverside Monte Sereno Return Llc $9,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Steven K $647,200
Closed White Steven K $510,000
Previous Owner Lerner Marc $659,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $1,318,640 +0.7% $346 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $1,308,840 -- $343 / 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 $11,428 $901,360 $128,757 $772,603
2023 $11,428 $866,360 $123,758 $742,602
2022 $11,646 $849,374 $121,332 $728,042
2021 $11,404 $832,720 $118,953 $713,767
2020 $18,492 $1,428,558 $362,372 $1,066,186
2019 $18,166 $1,400,548 $355,267 $1,045,281
2018 $17,818 $1,373,087 $348,302 $1,024,785
2017 $17,544 $1,346,165 $341,473 $1,004,692
2016 $17,015 $1,319,771 $334,778 $984,993
2015 $16,374 $1,299,949 $329,750 $970,199
2014 $7,211 $539,220 $189,220 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214007336

California Desert Association of REALTORS®

APN: 512-340-016