NOT LISTED FOR SALE

1055 E Via Colusa Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $2,248,000 - $3,233,000

3 Beds
3 Baths
3,110 Sq Ft
$929/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $3,100,000 $997 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $18,613/month

20 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Panoramic View
  • Two Primary Bathrooms

About This Home

As of June 2022

Welcome to Movie Colony East. Several celebrities are known to have owned here, including Frank Sinatra, Bob Hope, Bing Crosby, Carmen Miranda, Donald Wexler, Howard Hughes. This completely remodeled + renovated home is just a few doors from the iconic Frank Sinatra's Twin Palms Estate. An immaculate + elegant desert landscape w/ a private courtyard greets you to this exquisite, modern home, in a very quiet, short street, w/ less than 20 houses. The foyer w/high ceilings + white walls set the tone for this very stylish and sophisticated home that could easily be on the cover of the Architectural Digest magazine. The space is filled w/ natural light. Walls of glass frame the majestic landscape outside creating the perfect indoor-outdoor living. Every detail was well thought out. Every inch of this very spacious 3BD + office space, 3BA (2 En-Suites in one wing, and a separate guest BD w/ an adjacent bath on the opposite side) is well used. An incredible mature ficus tree sits on this premium gigantic lot w/ SOUTH FACING backyard (tons of natural light throughout the winter) provides the best entertainment space. Solar is OWNED. Temperature controlled 3 car garage + parking for 3 more. Just a few blocks to the hip downtown + design district, cozy restaurants, trendy design stores, bars. You OWN the land. Perfect for year-round home, 2nd home, or a profitable short-term rental. A full list of upgrades available. Furniture + furnishings available outside Escrow.

Last Agent to Sell the Property

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 05/13/2022

Keller Williams Luxury Homes

Last Buyer's Agent

Kenny Jervis

Berkshire Hathaway HomeServices California Properties License #0834276

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,401

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Home has North and South Exposure
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Pool

Home Design

  • Shingle Roof
  • Foam Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Construction
  • Solar owned by seller

Pool

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

Outdoor Features

  • Enclosed patio or porch
  • Fire Pit

Location

  • Ground Level
  • Property is near a park
  • Property is near public transit

Schools

  • Katherine Finchy Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507273008

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,401

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground Level, No Unit Above, Ground, One
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: All appliances.
  • List Price per Sq Ft: 963.02
  • Lp Sp Ratio: 1.0400
  • View Type: Mountain(s), Trees/Woods, Pool, Panoramic
  • Water District Name: DESERT WATER AGENCY
  • Year Built: 1979
  • Listing I D: 219078684
  • Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Vaulted Ceiling(s), Wet Bar, Recessed Lighting, High Ceilings (9 Ft+)
  • Fireplace Features: Fire Pit, Gas
  • Flooring: Carpet, Tile, Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Suite, Master Retreat, Main Floor Master Bedroom, Main Floor Bedroom, Dressing Area, All Bedrooms Down
  • Total Bedrooms: 3
  • Bathroom Features: 2 Master Baths, Under Vanity Lighting, Shower Stall, Shower & Tub, Remodeled, Linen Closet, Double Vanity(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area, Breakfast Nook
  • Kitchen Features: Island, Remodeled
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 3110.00
  • Windows Treatments: Custom Window Covering, Screens, Double Pane Windows, Drapes

Exterior Features

  • Other Features: Energy Efficient, Solar System Owned
  • Roofing: Foam, Shingle
  • Fencing: Fenced
  • Patio: Concrete Slab, Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Oversized, Driveway, Garage Door Opener, Direct Entrance, Covered, Side By Side, Guest
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Heat Pump, Dual, Central Air, Ceiling Fan(s)
  • Heating: Central, Heat Pump, Fireplace(s)
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507273008
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Yard, Street Public, Street Paved, Single Lot, Landscaped, Lawn, Front Yard, Fenced, Corners Marked
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size: 16553.00

Green Features

  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Katherine Finchy
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • Other Schools: MONTESSORI
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Feeney Paul
Bought by
Paul Feeney And Chad M Braun Joint Living Tru
Total Days on Market
20
Current Estimated Value
$2,888,665

Purchase Details

Listed on
May 13, 2022
Closed on
May 16, 2022
Sold by
Schwenk and Mark
Bought by
Feeney Paul and Braun Chad M
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
Buyer's Agent
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
List Price
$2,995,000
Sold Price
$3,100,000
Premium/Discount to List
$105,000
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Original Mortgage
$1,625,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2021
Sold by
Schwenk Evan and Nelson Mark
Bought by
Schwenk Evan and Nelson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,418
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 20, 2019
Sold by
Demiany Joan
Bought by
Schwenk Evan and Nelson Mark
Seller's Agent
Lucio Bernal
Coldwell Banker Realty
Buyer's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%
Original Mortgage
$902,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Demiany Joan
Bought by
Demiany Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.84%
Mortgage Type
New Conventional
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
Paul Feeney And Chad M Braun Joint Living Tru -- --
Feeney Paul $3,100,000 Lawyers Title
Schwenk Evan -- Title365
Schwenk Evan $950,000 Orange Coast Title Company
Demiany Joan -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feeney Paul $1,625,000
Previous Owner Schwenk Evan $877,418
Previous Owner Schwenk Evan $902,500
Previous Owner Demiany Joan $665,000
Previous Owner Demiany Joan $500,000
Previous Owner Demiany Joan $420,000
Previous Owner Demiany Joan $150,000
Previous Owner Demiany Joan $220,700
Previous Owner Demiany Joan $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $3,100,000 +3.5% $997 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $2,995,000 +215.3% $963 / Sq Ft
04/01/2019 04/01/19 Sold $950,000 -5.0% $305 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $1,000,000 -- $322 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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
2023 $39,401 $3,162,000 $1,071,000 $2,091,000
2022 $13,073 $998,618 $315,353 $683,265
2021 $12,805 $979,038 $309,170 $669,868
2020 $12,223 $969,000 $306,000 $663,000
2019 $4,765 $368,241 $99,515 $268,726
2018 $4,676 $361,021 $97,564 $263,457
2017 $4,606 $353,943 $95,651 $258,292
2016 $4,473 $347,004 $93,776 $253,228
2015 $4,288 $341,793 $92,368 $249,425
2014 $4,230 $335,099 $90,559 $244,540
Source: Public Records

Agents Affiliated with this Home

  • Leonardo Montenegro

    Seller's Agent in 2022

    Leonardo Montenegro

    Keller Williams Luxury Homes

    (760) 464-5600

    7 in this area

    128 Total Sales

    Leonardo Montenegro
    Section Image
  • Kenny Jervis

    Buyer's Agent in 2022

    Kenny Jervis

    Berkshire Hathaway HomeServices California Properties

    (760) 323-5000

    6 in this area

    84 Total Sales

    Kenny Jervis
    Section Image

  • L

    Seller's Agent in 2019

    Lucio Bernal

    Coldwell Banker Realty

  • J

    Seller Co-Listing Agent in 2019

    Jon Smith

    Coldwell Banker Realty

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219078684

Greater Palm Springs Multiple Listing Service

APN: 507-273-008

California Riverside County Palm Springs 92262 Movie Colony East

1055 E Via Colusa, Palm Springs, CA

This home is located at 1055 E Via Colusa, Palm Springs, CA 92262 since 13 May 2022 and is currently estimated at $2,888,665, approximately $928 per square foot. This property was built in 1979. 1055 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Palm Springs Multiple Listing Service 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. Information is deemed reliable but not guaranteed.

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