$642,000
SOLD JUN 14, 2019
3 Beds
3 Baths
1,800 Sq Ft
0.31 Acres

Recently Sold

$357 Per Sq Ft

6% Below List Price

150 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Corner Lot
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Attached Garage

About This Home

As of March 2025

Mid-Century modern property with immense potential in the historic and highly coveted Movie Colony. Sitting on an over-sized and private prime corner lot, the residence features original terrazzo flooring, well-equipped kitchen with stainless steel appliances, new central air conditioning units, gigantic pool with tanning shelf, front and side parking entrances, striking mountain vistas, and much more. This is a rare opportunity to purchase and invest in a property with great upside, to customize with personal finishing choices, or completely re-imagine the layout and design. A very convenient location, just a few blocks to Ruth Hardy Park, public tennis courts, and all the shopping and local eateries in downtown Palm Springs. Property to be sold as-is.

Last Agent to Sell the Property

Mike Patakas

Desert Sotheby's International Realty License #01264926 Listed on: 01/02/2019

Desert Sotheby's International Realty

Co-Listed By

Maria Patakas

Desert Sotheby's International Realty License #01785498

Last Buyer's Agent

Mark Stilwell

HomeSmart Professionals License #01247865

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,803

Year Built

  • Built in 1951

Lot Details

  • 0.31 Acre Lot
  • Home has North and South Exposure
  • Corner Lot

Property Views

  • Panoramic
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507263005

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,803

Year Built

Built in 1951

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: Mid Century, Ranch
  • List Price per Sq Ft: 380.56
  • Lp Sp Ratio: 0.9372
  • View Type: Mountain(s), Panoramic
  • Year Built: 1951
  • Co Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 424-3099
  • Listing I D: 218035962
  • Listing Member Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Fax: (760) 424-3099
  • Selling Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Selling Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Selling Office Fax: (760) 424-3099
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet, Terrazzo
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1800.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway

Utilities

  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 507263005
  • Lot Acres: 0.3100
  • Lot Location: Corner Lot
  • Lot Size: 13504.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 19, 2025
Sold by
Paul M Rothery M and Paul Maybeth N
Bought by
Prescott Carter J and Sanchez Gregorio V
Seller's Agent
Will Cook
Equity Union
Buyer's Agent
Mike Patakas
Desert Sotheby's International Realty
List Price
$2,190,000
Sold Price
$2,190,000
Views
11
Current Estimated Value
$2,171,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,011
Avg. Annual Appreciation
-1.40%
Original Mortgage
$1,752,000
Outstanding Balance
$1,746,056
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$433,777

Purchase Details

Listed on
Jan 1, 2023
Closed on
Feb 8, 2023
Sold by
Hundley Richard V and Hundley Sarah L
Bought by
Paul M Rothery And Maybeth N Rothery Family T
Seller's Agent
Mark Stilwell
HomeSmart
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$2,400,000
Sold Price
$2,220,000
Premium/Discount to List
-$180,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$1,552,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 5, 2019
Sold by
Sunshine Hope Llc
Bought by
Hundley Richard V and Reed Sarah L
Seller's Agent
Mike Patakas
Desert Sotheby's International Realty
Buyer's Agent
Mark Stilwell
HomeSmart Professionals
List Price
$685,000
Sold Price
$642,000
Premium/Discount to List
-$43,000
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.09%

Purchase Details

Closed on
Nov 19, 2018
Sold by
Schwartzman Robert Coppola and Grossman Zoey Lou
Bought by
Sunshine Hope Llc

Purchase Details

Listed on
May 26, 2018
Closed on
Jun 7, 2018
Sold by
Adobe Oil Development Corp
Bought by
Schwartzman Robert Coppola and Grossman Zoey Lou
Seller's Agent
Jasana Singer
Coldwell Banker Realty
Buyer's Agent
David Voda
Smart Referral Network
List Price
$689,000
Sold Price
$632,000
Premium/Discount to List
-$57,000
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%

Purchase Details

Listed on
May 26, 2018
Closed on
Apr 17, 2018
Sold by
Wallace Tony
Bought by
Adobe Oil Development Corp
Seller's Agent
Jasana Singer
Coldwell Banker Realty
Buyer's Agent
David Voda
Smart Referral Network
List Price
$689,000
Sold Price
$632,000
Premium/Discount to List
-$57,000
-8.27%

Purchase Details

Closed on
Mar 8, 2016
Sold by
Wallace Tony
Bought by
Jade Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2007
Sold by
Wallace April
Bought by
Wallace Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.36%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 2, 2007
Sold by
Maller John M and Maller Judy B
Bought by
Wallace Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.36%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,190,000 Chicago Title
Grant Deed $2,220,000 First American Title
Grant Deed $642,000 Lawyers Title
Grant Deed -- None Available
Grant Deed $632,000 Lawyers Title Company
Trustee Deed $200,000 Lawyers Title Company
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $615,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,752,000 New Conventional
Previous Owner $1,552,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $125,000 New Conventional
Previous Owner $72,000 Stand Alone Second
Previous Owner $492,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $2,190,000 0.0% $1,087 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $2,190,000 -1.4% $1,087 / Sq Ft
02/16/2023 02/16/23 Sold $2,220,000 -1.3% $1,102 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $2,250,000 -6.3% $1,117 / Sq Ft
01/01/2023 01/01/23 For Sale $2,400,000 +273.8% $1,191 / Sq Ft
06/14/2019 06/14/19 Sold $642,000 -6.3% $357 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $685,000 0.0% $381 / Sq Ft
05/06/2019 05/06/19 Price Changed $685,000 -1.9% $381 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $698,000 0.0% $388 / Sq Ft
03/07/2019 03/07/19 Price Changed $698,000 -3.7% $388 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $725,000 -5.2% $403 / Sq Ft
01/02/2019 01/02/19 For Sale $765,000 +21.0% $425 / Sq Ft
06/14/2018 06/14/18 Sold $632,000 -8.3% $351 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $689,000 -- $383 / 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 $27,803 $4,464,875 $154,499 $4,310,376
2023 $27,803 $778,350 $159,220 $619,130
2022 $8,982 $674,854 $156,099 $518,755
2021 $8,801 $661,623 $153,039 $508,584
2020 $8,406 $654,840 $151,470 $503,370
2019 $8,294 $644,640 $76,500 $568,140
2018 $7,985 $626,656 $168,075 $458,581
2017 $7,904 $594,000 $159,000 $435,000
2016 $6,504 $511,000 $137,000 $374,000
2015 $5,780 $465,000 $125,000 $340,000
2014 $5,454 $435,000 $117,000 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218035962

California Desert Association of REALTORS®

APN: 507-263-005