$2,300,000
SOLD MAY 22, 2014
4 Beds
7 Baths
4,399 Sq Ft
0.54 Acres

Recently Sold

$523 Per Sq Ft

11% Below List Price

522 Days on Market

About This Home

As of September 2019

This expertly finished Old Las Palmas property is in one of the most beautiful traditional Spanish estates in Palm Springs. Portions designed by Cliff May, the 4 bedroom 6 bath house is perfectly situated framing the views of the mountains to the west. This property offers an amazing amount of privacy and seclusion while retaining a close relationship with the exterior surroundings. Inside the living space is exquisite - with beautiful must see details throughout. The kitchen is both warm and inviting with large center island and comfortable lounge area perfect for intimate dinners at home or entertaining large groups of friends. A separate casita houses two of the guest bedrooms and private patio off the pool making the perfect situation for visitors and the owner to maintain their own space while enjoying this truly exceptional property. One of the finest estates with Palm Springs finest address close to shops and dining.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 11/01/2012

Compass

Last Buyer's Agent

TTK Represents

HK Lane Real Estate License #01327863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Richter Georg and Richter Gabriele
Bought by
Richter Georg and Richter Gabriele
Total Days on Market
522
Current Estimated Value
$4,038,218

Purchase Details

Listed on
Oct 8, 2018
Closed on
Jul 9, 2019
Sold by
Donnell Robert James and Donnell Therese Joan
Bought by
Richter Georg and Richter Gabriele
Seller's Agent
Ttk Represents
Compass
List Price
$2,995,000
Sold Price
$2,585,000
Premium/Discount to List
-$410,000
-13.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$585,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2012
Closed on
Apr 11, 2014
Sold by
Toedebusch Stephen
Bought by
Donnell Family Trust
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Ttk Represents
Compass
List Price
$2,590,000
Sold Price
$2,300,000
Premium/Discount to List
-$290,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$1,725,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2007
Sold by
Helein Douglas
Bought by
Toedebusch Stephen and Douglas Paul Helein Revocable Trust

Purchase Details

Closed on
Sep 18, 2002
Sold by
Helein Douglas
Bought by
Helein Douglas and Douglas P Helein Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.87%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Dally Robert M
Bought by
Helein Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Shore Earle Laverne and Daly Robert M
Bought by
Dally Robert M

Purchase Details

Closed on
Dec 15, 1995
Sold by
Albertini Shirley A
Bought by
Dally Robert M and Shore Earle L
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
Interfamily Deed Transfer -- None Available
Grant Deed $2,585,000 Wfg National Title
Grant Deed $2,300,000 Wfg Title Company Of Ca
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $1,115,000 Southland Title Corporation
Grant Deed $745,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $585,000 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,725,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Unknown
Previous Owner $322,700 Unknown
Previous Owner $242,000 No Value Available
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $2,585,000 -6.0% $601 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $2,750,000 -5.0% $640 / Sq Ft
03/05/2019 03/05/19 Price Changed $2,895,000 -3.3% $674 / Sq Ft
10/08/2018 10/08/18 For Sale $2,995,000 +30.2% $697 / Sq Ft
05/22/2014 05/22/14 Sold $2,300,000 -11.2% $523 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $2,590,000 0.0% $589 / Sq Ft
07/18/2013 07/18/13 Price Changed $2,590,000 -3.9% $589 / Sq Ft
11/01/2012 11/01/12 For Sale $2,695,000 -- $613 / 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
2023 $33,971 $2,717,294 $147,164 $2,570,130
2022 $34,670 $2,664,015 $144,279 $2,519,736
2021 $33,954 $2,611,780 $141,450 $2,470,330
2020 $32,394 $2,585,000 $140,000 $2,445,000
2019 $31,740 $2,527,504 $884,625 $1,642,879
2018 $31,136 $2,477,946 $867,280 $1,610,666
2017 $30,673 $2,429,360 $850,275 $1,579,085
2016 $29,757 $2,381,726 $833,603 $1,548,123
2015 $28,636 $2,345,953 $821,083 $1,524,870
2014 $20,923 $1,698,000 $499,000 $1,199,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 12-633179PS

APN: 505-231-004