NOT LISTED FOR SALE

Estimated Value: $569,000 - $1,029,000

2 Beds
2 Baths
1,664 Sq Ft
$508/Sq Ft Est. Value

Last Sold November 06, 2018

Last sale price $530,000 $319 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,003/month

128 Days on Market

Highlights

  • Mountain View
  • Cottage
  • 2 Attached Carport Spaces
  • Palm Springs High School Rated A-
  • Tile Flooring
  • Home has North and South Exposure

About This Home

As of November 2018

Movie Colony East / Ruth Hardy Park! Large lot! 1934 Adobe Cottage. Loaded with Old Palm Springs charm and character. Situated on a large 10,019 sq. ft. lot with a south facing backyard. 1,664 sq. ft. Tons of room to add a detached Casita and build your own custom pool and spa. Two bedrooms, two bathrooms, and a two car carport. Original fireplace and wood ceilings. Large walk-in closet with windows and a seperate laundry room. The backyard, covered patio, and BBQ area is gorgeous! This home is in excellent condition, very well maintained, and ready for you to move right in and call it home!

Last Agent to Sell the Property

Sean Gerber

HomeSmart License #01310583 Listed on: 05/25/2018

HomeSmart

Last Buyer's Agent

Mike Haque

Bennion Deville Homes License #01745484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,316

Year Built

  • Built in 1934

Lot Details

  • 10,019 Sq Ft Lot
  • Home has North and South Exposure

Home Design

  • Cottage
  • Adobe Architecture

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Raised Hearth
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 2 Car Parking Spaces
  • Driveway

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507225004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,316

Year Built

Built in 1934

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: One
  • Builders Tract Code: Movie Colony East
  • Building Number Of Stories: 1
  • Building Style: Adobe, Cottage
  • List Price per Sq Ft: 341.95
  • Lp Sp Ratio: 0.9315
  • View Type: Mountain(s)
  • Year Built: 1934
  • Listing I D: 218015830
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Raised Hearth
  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1664.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Covered, Driveway
  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 507225004
  • Lot Acres: 0.2300
  • Lot Size: 10019.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 4, 2018
Sold by
Gilmond Daniel J and Gilmond Jane B
Bought by
Pourzia Gholamreza F
Seller's Agent
Sean Gerber
HomeSmart
Buyer's Agent
Mike Haque
Bennion Deville Homes
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%
Current Estimated Value
$802,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,268
Avg. Annual Appreciation
7.11%
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 3, 2018
Sold by
Pourzia Jennifer
Bought by
Pourzia Gholamreza F
Seller's Agent
Sean Gerber
HomeSmart
Buyer's Agent
Mike Haque
Bennion Deville Homes
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2009
Sold by
Gilmond Daniel J and Gilmond Jane B
Bought by
Gilmond Daniel J and Gilmond Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 26, 2009
Sold by
Gilmond Daniel J and Gilmond Jane B
Bought by
Gilmond Daniel J and Gilmond Jane B

Purchase Details

Closed on
May 9, 1997
Sold by
Hud
Bought by
Gilmond Daniel J and Gilmond Jane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,626
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 1996
Sold by
Lappen Gregg A
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Oct 29, 1996
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Feb 15, 1994
Sold by
Burkhardt Irwin Gail Lynn
Bought by
Lappen Gregg A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,090
Interest Rate
7.15%
Mortgage Type
FHA
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
Pourzia Gholamreza F $530,000 Fidelity National Title Comp
Pourzia Gholamreza F -- Fidelity National Title Comp
Gilmond Daniel J -- First American Title Company
Gilmond Daniel J -- First American Title Company
Gilmond Daniel J -- None Available
Gilmond Daniel J $65,500 Old Republic Title Company
Norwest Mtg Inc $111,438 Benefit Land Title Ins Co
Hud -- American Title
Lappen Gregg A $106,000 --
Burkhardt Irwin Gail Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pourzia Gholamreza F $454,000
Closed Pourzia Gholamreza F $453,100
Previous Owner Gilmond Daniel J $160,000
Previous Owner Gilmond Daniel J $165,000
Previous Owner Gilmond Daniel J $189,000
Previous Owner Gilmond Daniel J $90,000
Previous Owner Gilmond Daniel J $97,500
Previous Owner Gilmond Daniel J $64,626
Previous Owner Lappen Gregg A $106,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2018 11/06/18 Sold $530,000 -6.9% $319 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $569,000 -3.4% $342 / Sq Ft
05/25/2018 05/25/18 For Sale $589,000 0.0% $354 / Sq Ft
03/04/2013 03/04/13 Rented $1,800 0.0% --
03/04/2013 03/04/13 Under Contract -- -- --
01/22/2013 01/22/13 For Rent $1,800 -- --
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 $7,316 $591,221 $83,661 $507,560
2023 $7,316 $568,264 $80,413 $487,851
2022 $7,462 $557,123 $78,837 $478,286
2021 $7,312 $546,200 $77,292 $468,908
2020 $6,986 $540,600 $76,500 $464,100
2019 $6,866 $530,000 $75,000 $455,000
2018 $1,341 $93,297 $35,771 $57,526
2017 $1,321 $91,469 $35,070 $56,399
2016 $1,286 $89,677 $34,383 $55,294
2015 $1,220 $88,331 $33,867 $54,464
2014 $1,186 $86,603 $33,204 $53,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218015830

California Desert Association of REALTORS®

APN: 507-225-004