$999,000
SOLD MAY 19, 2014
4 Beds
4 Baths
3,000 Sq Ft
0.36 Acres

Recently Sold

$333 Per Sq Ft

13% Below List Price

196 Days on Market

About This Home

As of August 2021

Old Las Palmas!!! On approx .36a, this 1950's custom built Mid-Century home has been upgraded over the years and currently has an outstanding vacation rental history. The wow is entering the property and discovering a surprising mini-estate. Originally placed on the lot to capture the majestic Mt. views and as the landscape matured...provided a private secluded oasis for owners or guests. The open floor plan has 4 suites all with separate outside access; a large living area offering walls of glass and vaulted ceilings overlooking the grounds and pool. The kitchen has been updated and has easy open access to the formal dining; informal living area; pool and outside entertaining area with Bar-b-que and bar. Located in Old Las Palmas, the Beverly Hills of LA. This is a strong vacation rental, available only during transition of tenants.

Last Agent to Sell the Property

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T Listed on: 10/08/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Dms Oasis Llc
Bought by
Dms Property Llc
Total Days on Market
196
Current Estimated Value
$3,688,311

Purchase Details

Listed on
Jul 20, 2021
Closed on
Jul 19, 2021
Sold by
Aldridge Lawrence and Aldridge Frances
Bought by
Dms Oasis Llc
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Patrick Jordan
Bennion Deville Homes
List Price
$3,400,000
Sold Price
$3,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 19, 2016
Sold by
Rgb Estates Llc
Bought by
Aldridge Lawrence and Aldridge Frances
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Patrick Jordan
Bennion Deville Homes
List Price
$2,895,000
Sold Price
$2,635,000
Premium/Discount to List
-$260,000
-8.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2013
Closed on
May 12, 2014
Sold by
Endicott John W and Endicott Anna M
Bought by
Rgb Estate Llc
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,149,000
Sold Price
$999,000
Premium/Discount to List
-$150,000
-13.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.31%

Purchase Details

Closed on
Aug 21, 2004
Sold by
Sullivan William J and Sullivan Maribeth
Bought by
Endicott John W and Endicott Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1998
Sold by
Valentino Rose V
Bought by
Valentino David I and Valentino Susan

Purchase Details

Closed on
May 12, 1998
Sold by
Valentino David I and Valentino Susan
Bought by
Sullivan William J and Sullivan Maribeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1994
Sold by
Cheeld Charles M
Bought by
Valentino David I and Valentino Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
8.52%
Mortgage Type
Purchase Money Mortgage
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 -- None Listed On Document
Grant Deed $3,400,000 Orange Coast Title Company
Grant Deed $2,635,000 Stewart Title Of California
Grant Deed $999,000 First American Title Company
Grant Deed $1,130,000 First American Title Co
Individual Deed $451,500 Fidelity National Title Ins
Grant Deed $300,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $670,000 Unknown
Previous Owner $260,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $75,000 Unknown
Previous Owner $650,000 Unknown
Previous Owner $361,000 Purchase Money Mortgage
Previous Owner $199,750 Purchase Money Mortgage
Closed $291,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $3,400,000 0.0% $1,214 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $3,400,000 +29.0% $1,214 / Sq Ft
08/25/2016 08/25/16 Sold $2,635,000 -9.0% $850 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $2,895,000 +189.8% $934 / Sq Ft
05/19/2014 05/19/14 Sold $999,000 0.0% $333 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/15/2014 04/15/14 Price Changed $999,000 -13.1% $333 / Sq Ft
04/09/2014 04/09/14 For Sale $1,149,000 +15.0% $383 / Sq Ft
04/08/2014 04/08/14 Off Market $999,000 -- --
11/27/2013 11/27/13 Price Changed $1,149,000 -6.2% $383 / Sq Ft
10/08/2013 10/08/13 For Sale $1,225,000 -- $408 / 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 $43,282 $3,468,000 $1,147,500 $2,320,500
2022 $44,174 $3,400,000 $1,125,000 $2,275,000
2021 $36,617 $2,825,250 $1,125,811 $1,699,439
2020 $34,933 $2,796,282 $1,114,268 $1,682,014
2019 $34,317 $2,741,454 $1,092,420 $1,649,034
2018 $33,662 $2,687,700 $1,071,000 $1,616,700
2017 $33,160 $2,635,000 $1,050,000 $1,585,000
2016 $13,073 $1,034,496 $372,790 $661,706
2015 $12,571 $1,018,959 $367,192 $651,767
2014 $10,855 $869,000 $261,000 $608,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-709957PS

APN: 505-231-001