NOT LISTED FOR SALE

1080 E Alejo Rd Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $1,244,000 - $1,893,000

3 Beds
3 Baths
2,468 Sq Ft
$672/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2017

Last sale price $1,123,000 $455 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,654 / mo

188 Days on Market

About This Home

As of June 2017

Reduced! This custom midcentury home built in 1951 by pioneering Palm Springs families of Summers and Hicks was the focus of an intensive renovation in 2003 by architect Sean Lockyer. Among the many features that enhance this midcentury home are: terrazzo tile floors, stacked stone fireplace, wooden post-and-beam ceilings, pool and spa with spectacular mountain views, owned solar panels, gourmet kitchen with Viking range and Sub Zero fridge, mature desert landscape (home has been featured on Modernism Week's garden tour), 3 outdoor firepits, front and rear water features. Located just a few doors away from Twin Palms, The Frank Sinatra Estate, this is a great location near Palm Springs shopping, restaurants, and Ruth Hardy Park.

Last Agent to Sell the Property

Matthew Reader

Bennion Deville Home Referrals License #01905472 Listed on: 11/22/2016

Bennion Deville Home Referrals

Co-Listed By

Brad Hudson

BD Homes-The Paul Kaplan Group License #01954221

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Year Built

1951

Lot Details

0.37 Acres

Listing Details

  • Entry Location: Living Room, Main Level
  • Active Date: 2016-11-22
  • Full Bathroom: 3
  • Building Size: 2468.0
  • Building Structure Style: Mid Century
  • Driving Directions: Home is located on the NW corner of Alejo and Arquilla
  • Full Street Address: 1080 E ALEJO RD
  • Lot Location: Corner Lot
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool, Solar Heated Pool
  • Primary Object Modification Timestamp: 2017-06-30
  • Spa Construction: Gunite
  • Spa Descriptions: Heated, Heated - Gas, Solar Heated Spa
  • View Type: Mountain View, Panoramic View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Bathroom Features: Tub With Jets
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Gas/Electric Range, Oven
  • Advertising Remarks: Located just a few doors away from Twin Palms, The Frank Sinatra Estate, this is a great location near Palm Springs shopping, restaurants, and Ruth Hardy Park. This custom home built in 1951 by pioneering Palm Springs families of Summers and Hicks. An int
  • Total Bedrooms: 3
  • Builders Tract Code: 5740
  • Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Terrazzo
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 16117
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces East
  • Construction: Stucco, Wood
  • Foundation: Foundation - Concrete Slab
  • Patio: Lanai, Covered Porch, Patio Open, Concrete Slab
  • Fence: Masonry Fence, Stucco Wall
  • Windows: Double Pane Windows, Skylights
  • Water: In Street

Garage/Parking

  • Parking Features: Driveway
  • Parking Type: Carport Attached

Utilities

  • Sewer: In Street Paid
  • Sprinklers: Drip System, Sprinkler System, Sprinkler Timer
  • Water Heater: Gas
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Buchsbaum Monte and Buchsbaum Sherry
Bought by
Buchsbaum Monte Stuart and Buchsbaum Sherry Lynn
Current Estimated Value
$1,564,475

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jun 3, 2017
Sold by
Recine Michael G
Bought by
Buchsbaum Monte and Buchsbaum Sherry
Seller's Agent
Matthew Reader
Bennion Deville Home Referrals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,320,000
Sold Price
$1,123,000
Premium/Discount to List
-$197,000
-14.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$555,000
Outstanding Balance
$461,644
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$1,197,969

Purchase Details

Listed on
Feb 10, 2014
Closed on
Mar 21, 2014
Sold by
Lowery Martin C
Bought by
Recine Michael G and Michael G Recine Trust
Seller's Agent
Matthew Reader
Bennion Deville Home Referrals
Buyer's Agent
Chip Marler
Douglas Elliman of California, Inc.
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Nov 3, 2003
Sold by
Summers Hicks H and Summers Paul G
Bought by
Lowery Martin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buchsbaum Monte Stuart -- None Available
Buchsbaum Monte $1,123,000 Fidelity National Title
Recine Michael G $1,050,000 First American Title Company
Lowery Martin C $369,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchsbaum Monte $555,000
Previous Owner Lowery Martin C $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $1,123,000 -3.2% $455 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $1,160,000 -1.7% $470 / Sq Ft
03/03/2017 03/03/17 Price Changed $1,180,000 -4.1% $478 / Sq Ft
02/07/2017 02/07/17 Price Changed $1,230,000 -4.7% $498 / Sq Ft
01/12/2017 01/12/17 Price Changed $1,290,000 -2.3% $523 / Sq Ft
11/22/2016 11/22/16 For Sale $1,320,000 +25.7% $535 / Sq Ft
03/28/2014 03/28/14 Sold $1,050,000 -12.4% $425 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $1,199,000 -- $486 / Sq Ft
Source: The MLS

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 $16,311 $1,303,331 $430,096 $873,235
2023 $16,311 $1,252,723 $413,396 $839,327
2022 $16,128 $1,228,161 $405,291 $822,870
2021 $15,798 $1,204,081 $397,345 $806,736
2020 $15,079 $1,191,735 $393,271 $798,464
2019 $14,816 $1,168,368 $385,560 $782,808
2018 $14,536 $1,145,459 $378,001 $767,458
2017 $14,146 $1,109,054 $365,988 $743,066
2016 $13,727 $1,087,309 $358,812 $728,497
2015 $13,201 $1,070,978 $353,423 $717,555
2014 $6,874 $544,000 $170,000 $374,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Matthew Reader

    Bennion Deville Home Referrals

    Section Image
  • Brad Hudson

    Seller Co-Listing Agent in 2017

    Brad Hudson

    BD Homes-The Paul Kaplan Group

    (310) 867-0521

    46 Total Sales

    Brad Hudson
    Section Image

  • N

    Buyer's Agent in 2017

    NonMember AgentDefault

    NonMember OfficeDefault

  • Paul Kaplan

    Seller Co-Listing Agent in 2014

    Paul Kaplan

    BD Homes-The Paul Kaplan Group

    (760) 285-8559

    19 Total Sales

    Paul Kaplan
    Section Image

  • C

    Buyer's Agent in 2014

    Chip Marler

    Douglas Elliman of California, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 16-182156PS

The MLS

APN: 507-273-005

California Riverside County Palm Springs 92262 Movie Colony East

1080 E Alejo Rd, Palm Springs, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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