$975,000
SOLD OCT 17, 2014

1302 Colony Way Palm Springs, CA 92262

Movie Colony East Neighborhood
3 Beds
5 Baths
3,860 Sq Ft
0.35 Acres

Recently Sold

$253 Per Sq Ft

7% Below List Price

0 Day on Market

Highlights

  • Pool House
  • Gated Community
  • Deck
  • Palm Springs High School Rated A-
  • Mountain View
  • Family Room with Fireplace

About This Home

As of October 2014

Now offered Turn-Key Furnished with few exceptions! Stunning home in gated Colony El Mirador. Step into the formal rotunda entry to experience this elegant home, burnished to shine with extensive improvements in 2013. Spacious & open, w/large handsome living areas, soaring ceilings. Begin w/the striking grand living room, featuring a beamed ceiling, & a fireplace with built-in surround shelving. The formal dining room flows into the living room as well as into the kitchen & out to a covered patio w/BBQ. The large kitchen offers lots of counter and cabinet space and large island to accommodate the chef; informal eating area, and adjacent family room. This is elegant living w/3 bedroom en suites; Master has fireplace, large walk-in closet, huge bath w/indoor spa & separate shower. Both Master Bedroom & paneled office open through French doors to loggia & pool/spa. Tropical-style separate cabana w/wet bar & bath, ideal for poolside entertaining. See attachment for improvements

Last Agent to Sell the Property

Dick Sacowicz

Re/Max Desert Properties License #01719083 Listed on: 10/16/2014

Re/Max Desert Properties

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,914

Year Built

  • Built in 2000

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $160 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Spanish Architecture
  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,860 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Fireplace With Glass Doors
  • Double Pane Windows
  • Custom Window Coverings
  • Double Door Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Pavers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • Pool House
  • Pebble Pool Finish
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Deck
  • Outdoor Grill

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 507520007

Community Details

Overview

  • El Mirador Subdivision

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,914

Year Built

Built in 2000

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builders Tract Code: Colony El Mirador
  • Building Number Of Stories: 3
  • Building Style: Spanish Colonial
  • Entry Location: Ground Level w/Steps
  • List Price per Sq Ft: 271.76
  • Lp Sp Ratio: 0.9295
  • Unit Total In Complex: 35
  • View Type: Mountain(s), Pool
  • Water District Name: Palm Springs
  • Year Built: 2000
  • Listing I D: 214084639
  • Listing Office Address: 333 N. Palm Canyon Dr,. #102, Palm Springs, CA 92262
  • Selling Office Address: 333 N. Palm Canyon Dr,. #102, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: El Mirador
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Gas Dryer Hookup, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Primary Bedroom, Living Room
  • Interior Amenities: Beamed Ceilings, Surround Sound Wired, Recessed Lighting, Hi-Speed Data Wiring, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Fireplace Features: Raised Hearth, Glass Doors
  • Flooring: Carpet, Pavers, Hardwood
  • Bedroom Features: Dressing Area, Walk In Closet, Primary Suite, Primary Retreat
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower & Tub, Powder Room, Linen Closet
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Kitchen Island, Formal Dining Room
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 3860.00
  • Windows Treatments: Custom Window Covering, Double Pane Windows

Exterior Features

  • Other Features: Barbeque Private
  • Other Structures: Pool House
  • Roofing: Tile
  • Fencing: Block
  • Patio: Deck
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Gunite, Pebble
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Fireplace(s), Zoned, Forced Air
  • Security: Closed Circuit Camera(s), Security System Owned, Fire Alarm, Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 160.00
  • Total Monthly Association Fees: 160.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507520007
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3500
  • Lot Description: Landscaped, Utilities Underground
  • Lot Size: 15246.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 3

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Warner Cindy L
Bought by
Breitner John C S and Breitner Leslie K
Current Estimated Value
$2,052,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$694,378
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,358,049

Purchase Details

Listed on
Oct 16, 2014
Closed on
Oct 10, 2014
Sold by
Reid Robert and Reid Mary
Bought by
Warner Cindy L
Seller's Agent
Dick Sacowicz
Re/Max Desert Properties
Buyer's Agent
Unknown Member
List Price
$1,049,000
Sold Price
$975,000
Premium/Discount to List
-$74,000
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$731,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 6, 2012
Closed on
Dec 13, 2012
Sold by
King Douglas H and King Carole R
Bought by
Reid Roberts and Reid Mary
Seller's Agent
Barry Bowen
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$889,000
Sold Price
$860,000
Premium/Discount to List
-$29,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$602,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2005
Sold by
Smith Jeffrey
Bought by
King Douglas H and King Carole R

Purchase Details

Closed on
Apr 16, 2004
Sold by
Asset Investments Inc
Bought by
Smith Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Ardery James R
Bought by
Ardery James R and Hawley Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Ardery James R and Hawley Gary R
Bought by
Asset Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Ardery James R and Hawley Gary R
Bought by
Ardery James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2001
Sold by
Ardery James R and Hawley Gary R
Bought by
Ardery James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2001
Sold by
Bergheer California Inc
Bought by
Ardery James R and Hawley Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $1,600,000 First American Title Company
Grant Deed $975,000 Oct
Grant Deed $860,000 Orange Coast Title Company
Grant Deed $1,300,000 Southland Title Company
Grant Deed $1,030,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $700,000 First American Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $760,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Credit Line Revolving
Previous Owner $731,250 Adjustable Rate Mortgage/ARM
Previous Owner $602,000 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 Stand Alone Second
Previous Owner $650,000 Purchase Money Mortgage
Previous Owner $700,000 Seller Take Back
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $362,000 Purchase Money Mortgage
Previous Owner $360,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $975,000 -7.1% $253 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $1,049,000 +22.0% $272 / Sq Ft
01/30/2013 01/30/13 Sold $860,000 -3.3% $223 / Sq Ft
08/06/2012 08/06/12 For Sale $889,000 -- $230 / Sq Ft
Source: California Desert 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 $20,914 $1,731,889 $487,093 $1,244,796
2023 $20,914 $1,664,640 $468,180 $1,196,460
2022 $21,343 $1,632,000 $459,000 $1,173,000
2021 $14,230 $1,082,562 $324,767 $757,795
2020 $13,584 $1,071,462 $321,437 $750,025
2019 $13,347 $1,050,454 $315,135 $735,319
2018 $13,096 $1,029,857 $308,956 $720,901
2017 $12,902 $1,009,665 $302,899 $706,766
2016 $12,521 $989,868 $296,960 $692,908
2015 $12,039 $975,000 $292,500 $682,500
2014 $10,793 $863,904 $259,171 $604,733
Source: Public Records

Agents Affiliated with this Home

  • Dick Sacowicz

    Seller's Agent in 2014

    Dick Sacowicz

    RE/MAX

    (760) 861-0952

    9 Total Sales

    Dick Sacowicz
    Section Image

  • U

    Buyer's Agent in 2014

    Unknown Member

  • B

    Seller's Agent in 2013

    Barry Bowen

    Bennion Deville Homes

    (760) 567-5910

    39 Total Sales

    Barry Bowen
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214084639

California Desert Association of REALTORS®

APN: 507-520-007

California Riverside County Palm Springs 92262 Movie Colony East

1302 Colony Way, Palm Springs, CA

This home is located at 1302 Colony Way, Palm Springs, CA 92262 and is currently priced at $975,000, approximately $252 per square foot. This property was built in 2000. 1302 Colony Way is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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