$2,200,000
SOLD NOV 12, 2021
6 Beds
4.5 Baths
4,394 Sq Ft
0.33 Acres

Recently Sold

$501 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Solar Power System
  • Ground Level Unit

About This Home

As of April 2023

Built in 1948 and at that time the residence of important post-war developer Jack Meiselman. This is a wonderful opportunity to own this special property in the heart of Old La Palmas. Enter the home through the front courtyard into the open living/dining area with views to the lush rear outdoor area. Artifacts from around the world: India, Tunisia, Afghanistan, etc. lend an exotic feel to the interior. Mountain views from both the front courtyard patio and the rear outdoor areas. Large covered outdoor seating area provides delightful entertaining space. Limestone tile throughout the home with the exception of the master suite. Great separation between the Master and Guest bedroom wings. Two additional guest bedrooms are currently being used as an office and a media room both with direct outdoor access. Attached casita with a separate entrance offers additional guest accommodation. This property is ready for your own personal vision and ambiance! Buyer to take over Solar Lease.

Last Agent to Sell the Property

Maureen Roman

Berkshire Hathaway HomeServices California Properties License #01934325 Listed on: 08/15/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Sandra Quinn

Berkshire Hathaway HomeServices California Propert License #01391280

Berkshire Hathaway HomeServices California Propert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,733

Year Built

  • Built in 1948

Lot Details

  • 0.33 Acre Lot
  • Property is zoned R1A

Interior Spaces

  • 4,394 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room
  • Den
  • Tile Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Additional Features

  • Solar Power System
  • Guest House
  • Ground Level Unit
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 505-193-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,733

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 5650
  • Living Area: 4394
  • Lot Acreage: 0.3300
  • Stories: 1
  • Year Built: 1948
  • Builders Tract Name: Old Las Palmas
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning
  • Flooring: Tile
  • Bedrooms: 6
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Microwave, Washer, Solar Panels, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 523.44

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 505-193-002
  • Lot Size Area: 14375

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 16, 2023
Sold by
Via Monte Vista Llc
Bought by
Farr-Allen Living Trust
Seller's Agent
Sandra Quinn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sandra Quinn
Berkshire Hathaway HomeServices California Properties
List Price
$4,987,000
Sold Price
$4,875,000
Premium/Discount to List
-$112,000
-2.25%
Current Estimated Value
$4,774,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,615
Avg. Annual Appreciation
-2.80%
Original Mortgage
$1,515,000
Outstanding Balance
$1,472,334
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,089,229

Purchase Details

Listed on
Aug 15, 2021
Closed on
Sep 24, 2021
Sold by
Hayes Therese L and T L Hayes Trust
Bought by
Via Monte Vista Llc
Seller's Agent
Maureen Roman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sandra Quinn
Berkshire Hathaway HomeServices California Propert
List Price
$2,300,000
Sold Price
$2,200,000
Premium/Discount to List
-$100,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.26%
Original Mortgage
$919,146
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2014
Sold by
Hayes Therese L
Bought by
T L Hayes Trust

Purchase Details

Closed on
May 7, 2002
Sold by
Becker Gladys and Becker Bradley
Bought by
Hayes Therese L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 5, 1998
Sold by
Becker Kristi
Bought by
Becker Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1998
Sold by
Mariana Debrevannes
Bought by
Becker Gladys and Becker Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.87%
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 $4,875,000 Orange Coast Title
Grant Deed $2,200,000 Orange Coast Title Company
Quit Claim Deed -- None Available
Grant Deed $614,000 First American Title Co
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $375,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,515,000 New Conventional
Previous Owner $919,146 Commercial
Previous Owner $325,000 New Conventional
Previous Owner $290,000 Unknown
Previous Owner $235,000 Unknown
Previous Owner $375,000 Unknown
Previous Owner $337,500 Purchase Money Mortgage
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $4,875,000 -2.2% $1,125 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $4,987,000 +126.7% $1,151 / Sq Ft
11/12/2021 11/12/21 Sold $2,200,000 -4.3% $501 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $2,300,000 -- $523 / 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
2025 $60,733 $8,869,410 $1,274,490 $7,594,920
2024 $60,733 $4,972,500 $1,249,500 $3,723,000
2023 $60,733 $2,244,000 $142,800 $2,101,200
2022 $28,678 $2,200,000 $140,000 $2,060,000
2021 $10,985 $837,965 $238,828 $599,137
2020 $10,488 $829,374 $236,380 $592,994
2019 $10,305 $813,113 $231,746 $581,367
2018 $10,110 $797,170 $227,202 $569,968
2017 $9,959 $781,541 $222,748 $558,793
2016 $9,664 $766,218 $218,381 $547,837
2015 $9,287 $754,710 $215,101 $539,609
2014 $9,188 $739,929 $210,889 $529,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-771532

The MLS

APN: 505-193-002