NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,565,000

4 Beds
3 Baths
2,500 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $815,000 $326 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,023/month

70 Days on Market

About This Home

As of June 2016

REDUCED PRICE on Modern Californian Spanish in one of Palm Springs' Best Neighborhoods. Majority of the 2500sq ft. home is new construction. The original 50's part of the home had a major overhaul; many areas, taken down to the studs. Design esthetic is similar to Palm Springs' The Avalon and Arrive hotels. Home is located on the same street as Bob Hope & George Reeves former residences. Gated with 4bd/3ba plus convertible den; 19'X22' open concept kitchen; wood burning fireplace in the formal living room. New kitchen, bathrooms, plumbing, lighting, flooring, fixtures, doors, electrical, tile roof, A/C, etc. etc. Dual pane windows & French doors throughout; Master has en suite and 2 separate closets. The backyard has pool/spa, putting/chipping mound, mountain views, and is prewired and gas lined for a built-in BBQ. Front yard view to Ruth Hardy Park which has basketball, tennis and playgrounds. Walk to downtown/uptown district. Owner is motivated to sell - Bring in your offer!

Last Agent to Sell the Property

Brady Sandahl

Keller Williams Luxury Homes License #01416687 Listed on: 02/26/2016

Keller Williams Luxury Homes

Last Buyer's Agent

Joe Kramer

Valentino & Valentino R E License #01512422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 7, 2016
Sold by
Schuster Sarra J
Bought by
Blank Michael C
Seller's Agent
Brady Sandahl
Keller Williams Luxury Homes
Buyer's Agent
Joe Kramer
Valentino & Valentino R E
List Price
$949,000
Sold Price
$815,000
Premium/Discount to List
-$134,000
-14.12%
Total Days on Market
70
Current Estimated Value
$1,432,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,671
Avg. Annual Appreciation
6.49%
Original Mortgage
$415,000
Outstanding Balance
$334,794
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$1,097,877

Purchase Details

Listed on
Oct 30, 2013
Closed on
Jan 29, 2014
Sold by
Blake Christopher D
Bought by
Schuster Sarra J
Seller's Agent
Bonnie Englund
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susan Cogliano
Desert To Sea Properties
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.64%
Original Mortgage
$356,250
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Blake Christopher D and Blake Debra E
Bought by
Blake Christopher D

Purchase Details

Closed on
May 12, 2005
Sold by
Blake John J
Bought by
Blake John J and Blake Christopher

Purchase Details

Closed on
May 9, 2003
Sold by
Scarffe Andrew and Scarffe Jessica
Bought by
Blake John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
5.71%

Purchase Details

Closed on
Feb 3, 1999
Sold by
Ocwen Federal Bank Fsb
Bought by
Scarffe Andrew and Scarffe Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.25%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Buckly Frank
Bought by
Ocwen Federal Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.25%

Purchase Details

Closed on
Dec 24, 1997
Sold by
Christopherson Roger A and Christopherson Leatrice M
Bought by
Buckly Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
11.75%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Martin Jerry L and Martin Ruth A
Bought by
Christopherson Roger A and Christopherson Leatrice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
11%
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 Buyer Sale Price Title Company
Blank Michael C $815,000 Stewart Title Company
Schuster Sarra J $375,000 First American Title Company
Blake Christopher D -- Stewart Title Of Ca Inc
Blake Christopher D -- Stewart Title Of Ca Inc
Blake John J -- --
Blake John J $320,000 First American Title Co
Scarffe Andrew $88,000 Chicago Title Co
Ocwen Federal Bank Fsb $161,861 --
Buckly Frank $220,000 Chicago Title Co
Christopherson Roger A $220,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blank Michael C $415,000
Previous Owner Schuster Sarra J $356,250
Previous Owner Blake Christopher D $365,347
Previous Owner Blake John J $251,000
Previous Owner Scarffe Andrew $120,000
Previous Owner Scarffe Andrew $70,000
Previous Owner Buckly Frank $198,000
Previous Owner Christopherson Roger A $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $815,000 -8.9% $326 / Sq Ft
03/31/2016 03/31/16 Price Changed $895,000 -5.7% $358 / Sq Ft
02/26/2016 02/26/16 For Sale $949,000 +153.1% $380 / Sq Ft
03/24/2014 03/24/14 Sold $375,000 -6.0% $285 / Sq Ft
10/30/2013 10/30/13 For Sale $399,000 -- $304 / Sq Ft
Source: The MLS

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 $11,769 $927,324 $278,195 $649,129
2022 $12,008 $909,142 $272,741 $636,401
2021 $11,764 $891,317 $267,394 $623,923
2020 $11,231 $882,179 $264,653 $617,526
2019 $11,037 $864,882 $259,464 $605,418
2018 $10,829 $847,925 $254,377 $593,548
2017 $10,669 $831,300 $249,390 $581,910
2016 $6,064 $468,522 $116,496 $352,026
2015 $4,866 $382,491 $114,747 $267,744
2014 $3,996 $316,000 $95,000 $221,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-100830PS

The MLS

APN: 507-234-005