NOT LISTED FOR SALE

Estimated Value: $1,695,000 - $2,879,000

3 Beds
3 Baths
2,268 Sq Ft
$887/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $1,400,000 $617 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,548/month

99 Days on Market

About This Home

As of July 2015

Steel House, Donald Wexler, 2007. The last living dean of Palm Springs' Mid-Century Modern architectural movement, this is his last steel-framed residential commission and echoes his classic steel houses of the 60s that remain in high demand to this day. Published multiple times including "Donald Wexler: Architect" & "Steel and Shade", Steel House 2007 is the perfect reinterpretation of his iconic style. The L-shaped plan wraps around an expansive pool yard with broad, uninterrupted mountain views. Hallmarks include steel beams, glass walls & clerestory windows. The frosted glass entry door pivots to reveal gleaming poured terrazzo flooring throughout the public rooms which consist of living/dining/bar areas & a smart galley kitchen. The master suite supports a cozy environment with its suspended fireplace, sumptuous bath and walk-in closet. Two guest suites share a joined bath and a powder room is discretely located. Utility areas include a 2 car garage and laundry room.

Last Agent to Sell the Property

Andrew Linsky

Compass Listed on: 01/29/2015

Compass

Last Buyer's Agent

Brian Beard

The Firm Brokerage License #01494669

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,025

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2015-01-29
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 2268.0
  • Building Structure Style: Architectural
  • Driving Directions: House is on corner of Verbena and Hermosa. Entrance is on Hermosa. Take Sunrise to Verbena, west to corner of Hermosa. OR, Tamarisk to Hermosa, north 1 block to corner of Verbena.
  • Full Street Address: 1234 E VERBENA DR
  • Primary Object Modification Timestamp: 2015-12-09
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Bathroom Features: Powder Room
  • Eating Areas: Dining Area
  • Appliances: Built-In BBQ
  • Advertising Remarks: Steel House, Donald Wexler, 2007. The last living dean of Palm Springs' Mid-Century Modern architectural movement, this is his last steel-framed residential commission and echoes his classic steel houses of the 60s that remain in high demand to this day.
  • Total Bedrooms: 3
  • Builders Tract Code: 5740
  • Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
  • Fireplace: Yes
  • Interior Amenities: Bar
  • Fireplace Rooms: Master Bedroom
  • Appliances: Dishwasher, Garbage Disposal
  • Floor Material: Carpet, Ceramic Tile, Terrazzo
  • Laundry: Individual Room
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 12632
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Type: Garage - Two Door

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central A/C
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Kuehner Kim
Bought by
Kuehner Kim and Kim D Kuehner Revocable Trust
Current Estimated Value
$2,012,302

Purchase Details

Closed on
Apr 22, 2015
Sold by
Abrams Tod
Bought by
Kuehner Kim

Purchase Details

Closed on
Apr 5, 2011
Sold by
Krizman Anne
Bought by
Abrams Tod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 2002
Sold by
Butler Robert T
Bought by
Krizman Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 1, 2001
Sold by
Sanders Marc
Bought by
Butler Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.12%

Purchase Details

Closed on
May 10, 2000
Sold by
Mcnutt Lee K
Bought by
Sanders Marc

Purchase Details

Closed on
May 31, 1996
Sold by
Lima R W and Vogel Thelma L
Bought by
Mcnutt Lee K
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
Kuehner Kim -- None Available
Kuehner Kim $1,400,000 Orange Coast Title
Abrams Tod $995,000 Stewart Title Riverside
Krizman Anne $220,000 Chicago Title Co
Butler Robert T $175,000 Chicago Title Co
Sanders Marc $75,000 Commonwealth Land Title Co
Mcnutt Lee K $39,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abrams Tod $417,000
Previous Owner Butler Robert T $85,000
Previous Owner Butler Robert T $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $1,400,000 -6.6% $617 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/02/2015 04/02/15 Price Changed $1,499,000 -5.4% $661 / Sq Ft
01/29/2015 01/29/15 For Sale $1,585,000 -- $699 / 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
2025 $20,025 $1,657,310 $591,896 $1,065,414
2023 $20,025 $1,592,957 $568,913 $1,024,044
2022 $20,435 $1,561,723 $557,758 $1,003,965
2021 $20,016 $1,531,102 $546,822 $984,280
2020 $19,101 $1,515,404 $541,216 $974,188
2019 $18,767 $1,485,691 $530,604 $955,087
2018 $18,412 $1,456,560 $520,200 $936,360
2017 $18,138 $1,428,000 $510,000 $918,000
2016 $17,600 $1,400,000 $500,000 $900,000
2015 $12,681 $1,028,000 $258,000 $770,000
2014 -- $981,000 $246,000 $735,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-823543PS

APN: 507-253-010