NOT LISTED FOR SALE

1060 W Cielo Dr Palm Springs, CA 92262

Chino Canyon Neighborhood

Estimated Value: $2,712,000 - $3,633,000

4 Beds
4 Baths
3,590 Sq Ft
$896/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $2,300,000 $641 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $19,648/month

67 Days on Market

About This Home

As of December 2013

The Leslie House, E. Stewart Williams, 1980. Re-imagined and re-engineered in 2013 to the highest level of content and finishes while expanding the already magnificent valley and mountain views, the home now presents as the ultimate in Palm Springs Modern living. Exquisitely remodeled by Architectural Digest-published New York Designer Michael Johnston, you will be transported at every turn, from the moment you enter the artistically gated private driveway until you take in the pool that itself floats on the horizon. True to the original footprint by the master Mid-Century architect E. Stewart Williams, sight lines and vistas have been purified and refined. The newly expanded great room overlooks the outdoor living area through an automated pocketing glass wall while the kitchen pays homage to the period with brand new, custom finished St. Charles cabinets. The home is equipped with a 16kw photovoltaic system from Hot Purple Energy and other of-the-moment features. Do not miss this!

Last Agent to Sell the Property

AndySven An Kelli

Non-Member office License #1156954T Listed on: 10/17/2013

Last Buyer's Agent

Don Johnston

Sotheby's International Realty License #01868263

Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,682

Year Built

1980

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2013-10-17
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 3
  • Building Size: 3590.0
  • Building Structure Style: Modern
  • Driving Directions: Take Vista Chino west of Palm Canyon Dr. to first stop sign. Turn right on Via Norte then first left on Chino Canyon Rd. Left on Panorama and left on Cielo Dr. Home is almost at the top of the street on the right.
  • Full Street Address: 1060 W CIELO DR
  • Pool Descriptions: Negative Edge/Infinity Pool
  • Primary Object Modification Timestamp: 2015-10-16
  • Property Condition: Updated/Remodeled
  • Total Number of Units: 1
  • View Type: City Lights View, Desert View, Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Appliances: Built-In BBQ, Range Hood, Microwave, Range
  • Advertising Remarks: The Leslie House, E. Stewart Williams, 1980. Re-imagined and re-engineered in 2013 to the highest level of content and finishes while expanding the already magnificent valley and mountain views, the home now presents as the ultimate in Palm Springs Modern
  • Total Bedrooms: 4
  • Builders Tract Code: 5600
  • Builders Tract Name: LITTLE TUSCANY
  • Fireplace: Yes
  • Interior Amenities: High Ceilings (9 Feet+), Furnished, Phone System
  • Fireplace Rooms: Exterior, Living Room
  • Appliances: Central Vacuum, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Refrigerator, Washer, Water Conditioner
  • Floor Material: Carpet, Concrete Slab
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 23522
  • Common Walls: Detached/No Common Walls
  • Other Features: High Ceilings (9 Feet+)
  • Patio: Covered
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Built-In Storage, Driveway - Combination, Driveway Gate
  • Parking Type: Garage - Two Door, Garage Is Attached, Oversized, Parking for Guests - Onsite

Utilities

  • Sprinklers: Front, Rear, Side
  • Cooling Type: Air Conditioning
  • 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
Oct 17, 2013
Closed on
Nov 21, 2013
Sold by
1060 W Cielo Drive Llc
Bought by
Sherratt John and Howe David
Seller's Agent
AndySven An Kelli
Non-Member office
Buyer's Agent
Don Johnston
Sotheby's International Realty
List Price
$2,800,000
Sold Price
$2,300,000
Premium/Discount to List
-$500,000
-17.86%
Current Estimated Value
$3,217,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$917,561
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,500,000
Outstanding Balance
$1,030,687
Interest Rate
2.36%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,186,874

Purchase Details

Closed on
Oct 17, 2012
Sold by
Sheffer Ann E and Scheffler William L
Bought by
1060 W Cielo Drive Llc

Purchase Details

Closed on
Nov 1, 2010
Sold by
The Bank Of New York Mellon
Bought by
Sheffer Ann E and Scheffler William L

Purchase Details

Closed on
Apr 16, 2010
Sold by
Bryant Robert S and Angell Jeffrey B
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 16, 2007
Sold by
Keller Adam M
Bought by
Bryant Robert S and Angell Jeffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,376,000
Interest Rate
9%
Mortgage Type
Negative Amortization
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
Sherratt John $2,300,000 Wfg Title Company
1060 W Cielo Drive Llc -- None Available
Sheffer Ann E $1,090,000 None Available
The Bank Of New York Mellon $900,000 Landsafe Title
Bryant Robert S $1,720,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherratt John $1,500,000
Previous Owner Bryant Robert S $1,376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $2,300,000 -17.9% $641 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $2,800,000 -- $780 / Sq Ft
Source: Palm Springs Regional 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 $33,682 $2,822,944 $738,979 $2,083,965
2023 $33,682 $2,713,328 $710,285 $2,003,043
2022 $34,380 $2,660,126 $696,358 $1,963,768
2021 $33,665 $2,607,967 $682,704 $1,925,263
2020 $32,107 $2,581,226 $675,704 $1,905,522
2019 $31,539 $2,530,614 $662,455 $1,868,159
2018 $30,934 $2,480,995 $649,467 $1,831,528
2017 $30,471 $2,432,349 $636,733 $1,795,616
2016 $29,550 $2,384,657 $624,249 $1,760,408
2015 $28,452 $2,348,839 $614,873 $1,733,966
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    AndySven An Kelli

    Non-Member office

    Section Image
  • Don Johnston

    Buyer's Agent in 2013

    Don Johnston

    Sotheby's International Realty

    (310) 880-6566

    5 Total Sales

    Don Johnston
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-713399PS

APN: 504-201-039

California Riverside County Palm Springs 92262 Chino Canyon

1060 W Cielo Dr, Palm Springs, CA

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