NOT LISTED FOR SALE

Estimated Value: $1,707,000 - $2,656,000

0.27 Acre
$7,639,422 Price per Acre
11,761 Sq Ft Lot

Last Sold April 25, 2018

Last sale price $460,000

Est. 315% increase in value since last sale

Current estimated payment $12,729/month

53 Days on Market

About This Lot

As of April 2018

Originally part of the property at 1120 Alejo Road estate next door to Frank Sinatra's historic Twin Palms estate. Originally part of the gloriously renovated Herbert Burns designed estate directly adjacent, this beautiful parcel can be sold separately or together with the exceptional home. The parcel is a generously sized lot in a prime central Palm Springs location and super convenient to downtown Palm Springs shopping, dining and nightlife. Imagine the possibilities! Create your own new paradise and languish in the magnificent San Jacinto mountain backdrop or combine it with the unbelievable Herbert Burns property for a truly magnificent estate. The original chain link fence is grandfathered if a tennis court with phenomenal views is on your wish list.

Last Agent to Sell the Property

J Conrad Miller

Berkshire Hathaway Home Services California Properties License #01973983 Listed on: 02/02/2018

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Neil Curry

Black Label Real Estate Group License #01863952

Property Details

Property Type

Land

Est. Annual Taxes

$26,360

Lot Details

0

Listing Details

  • Active Date: 2018-02-02
  • Driving Directions: From Palm Canyon - take Alejo East to Arquilla. LEFT to E Via Colusa then RIGHT onto Via Colusa. Vacant lot is second lot on the right - currently a tennis court is on the lot.
  • Full Street Address: 1131 E Via Colusa
  • Land Fee Lease: Fee
  • Primary Object Modification Timestamp: 2018-04-25
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Advertising Remarks: Originally part of the property at 1120 Alejo Road estate next door to Frank Sinatra's historic Twin Palms estate. Originally part of the gloriously renovated Herbert Burns designed estate directly adjacent, this beautiful parcel can be sold separately o
  • Builders Tract Code: 5740
  • Builders Tract Name: MOVIE COLONY EAST

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11761

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Street Asphalt, Lot-Level/Flat, Utilities Underground

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Apr 7, 2018
Sold by
Hanson Cheryl M and Mettie Theresa A
Bought by
K M 2018 Llc
Seller's Agent
J Conrad Miller
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Neil Curry
Black Label Real Estate Group
List Price
$595,000
Sold Price
$460,000
Premium/Discount to List
-$135,000
-22.69%
Current Estimated Value
$1,906,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,446,983
Avg. Annual Appreciation
21.82%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 28, 2018
Sold by
Hanson Cheryl and Mettie Terriann
Bought by
Hanson Cheryl M and Mettie Theresa A
Seller's Agent
J Conrad Miller
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Neil Curry
Black Label Real Estate Group
List Price
$595,000
Sold Price
$460,000
Premium/Discount to List
-$135,000
-22.69%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Me 2 Holding Llc
Bought by
Hanson Cheryl and Mettie Terriann

Purchase Details

Closed on
Sep 3, 2005
Sold by
Burley Terry
Bought by
Me 2 Holding Llc
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
K M 2018 Llc $460,000 Orange Coast Title Company
Hanson Cheryl M -- Orange Coast Title Company
Hanson Cheryl $55,000 Lawyers Title Company
Me 2 Holding Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2018 04/25/18 Sold $460,000 -22.7% --
03/27/2018 03/27/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $595,000 -- --
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 $26,360 $3,894,295 $523,399 $3,370,896
2023 $26,360 $1,203,076 $503,076 $700,000
2022 $11,175 $863,212 $493,212 $370,000
2021 $6,239 $483,542 $483,542 $0
2020 $5,950 $478,584 $478,584 $0
2019 $5,844 $469,200 $469,200 $0
2018 $773 $61,925 $61,925 $0
2017 $761 $60,711 $60,711 $0
2016 $738 $59,521 $59,521 $0
2015 $711 $58,628 $58,628 $0
2014 $705 $57,481 $57,481 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-308664PS

APN: 507-274-002