NOT LISTED FOR SALE

Estimated Value: $1,382,000 - $1,699,000

3 Beds
2 Baths
2,638 Sq Ft
$579/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $1,400,000 $531 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,349/month

140 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Water Fountains
  • Palm Springs High School Rated A-
  • Cathedral Ceiling
  • Beamed Ceilings

About This Home

As of March 2024

Classic Deepwell. Rarely does an opportunity like this present itself! This 3 bedroom, possibly 4, 3.25 bath mid-century home located in the iconic Palm Springs neighborhood of Deepwell Estates is in a word, charming! Vintage details and original character provide a unique opportunity to restore this lovely home to its former glory. The spacious entry has a low-slung ceiling typical of the era that opens into the large Living Room with vaulted beamed ceiling, 2-sided gas fireplace, oversized windows and indirect soffit lighting, all of which repeat in the adjacent private Dining Room. Nestled among manicured hedges is a backyard perfect for entertaining, featuring a remodeled deep pool with water feature, and a raised spa. The kitchen was recently remodeled with custom cabinetry, containing lots of clever pull-outs and storage spaces and high-end stainless appliances. The secondary bedrooms are spacious; the Living Room, Dining Room and Family room all have cathedral or vaulted beamed ceilings and direct access to the rear yard and pool area. The large Family Room has an attached bath, custom built-in bookcases and could be a second primary bedroom or attached casita. A two car garage with direct access to the kitchen. Additional upgrades include newer HVAC units and patio doors for energy efficiency. Opportunity exists to create a new vision for the large Primary Suites.

Last Agent to Sell the Property

Edward West

Berkshire Hathaway HomeServices California Properties License #01877353 Listed on: 10/19/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Bryan Boomershine

Berkshire Hathaway HomeServices California Properties License #02032961

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,350

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Sprinkler System

Interior Spaces

  • 2,638 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Gas Log Fireplace
  • Shutters
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Breakfast Bar
  • Laundry Room

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa
  • Waterfall Pool Feature

Additional Features

  • Water Fountains
  • Forced Air Heating and Cooling System

Community Details

  • Deepwell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 508446002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,350

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Entry Location: Foyer
  • List Price per Sq Ft: 578.09
  • Lp Sp Ratio: 0.9200
  • Year Built: 1955
  • Listing I D: 219101602
  • Listing Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-5083
  • Selling Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Land Type: Fee
  • Subdivision: Deepwell
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Dining Room, Living Room
  • Interior Amenities: Beamed Ceilings, Track Lighting, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Stone Tile
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 4.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Laundry: Individual Room
  • Estimated Sq Ft: 2638.00
  • Windows Treatments: Shutters

Exterior Features

  • Pool: Yes
  • Pool Accessories: Waterfall, Fountain
  • Pool Construction: Gunite, In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508446002
  • Irrigation: Sprinkler System
  • Lot Size: 10019.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Binet Betsey Jan
Bought by
Downey Edward A Living Trust and Downey
Total Days on Market
140
Current Estimated Value
$1,526,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
6.64%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 21, 2012
Sold by
Mccrea Ronald L
Bought by
Williamson Robert J and Binet Betsey J
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$745,000
Sold Price
$624,500
Premium/Discount to List
-$120,500
-16.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$200,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2011
Sold by
Mccrea Ronald L
Bought by
Mccrea Ronald L

Purchase Details

Closed on
Nov 12, 2002
Sold by
Musso James D and Mccrea Ronald L
Bought by
Musso James and Mccrea Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1998
Sold by
The Vincent E Lumbleau Living Trust
Bought by
Musso James D and Mcrea Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 1998
Sold by
Lumbleau Vincent E
Bought by
Lumbleau Vincent E

Purchase Details

Closed on
Jun 3, 1994
Sold by
Orange Coast Title Company
Bought by
Texas Commerce Bank National Assn

Purchase Details

Closed on
Jun 2, 1993
Sold by
Texas Commerce Bank
Bought by
Lumbleau Vincent E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
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 Buyer Sale Price Title Company
Downey Edward A Living Trust $1,400,000 None Listed On Document
Williamson Robert J $624,500 Advantage Title 365
Mccrea Ronald L -- None Available
Musso James -- Equity Title Company
Musso James D $309,000 Chicago Title Co
Lumbleau Vincent E -- --
Texas Commerce Bank National Assn $310,000 Union Land Title Company
Lumbleau Vincent E $270,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward A Downey Living Trust $920,000
Previous Owner Downey Edward A Living Trust $1,120,000
Previous Owner Williamson Robert J $200,000
Previous Owner Musso James $417,000
Previous Owner Mccrea Ronald L $563,000
Previous Owner Musso James $440,000
Previous Owner Musso James $350,000
Previous Owner Musso James D $71,000
Previous Owner Musso James D $247,200
Previous Owner Lumbleau Vincent E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $1,400,000 -8.2% $531 / Sq Ft
02/19/2024 02/19/24 Price Changed $1,525,000 -4.4% $578 / Sq Ft
10/19/2023 10/19/23 For Sale $1,595,000 +155.4% $605 / Sq Ft
11/13/2012 11/13/12 Sold $624,500 -10.7% $237 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
08/10/2012 08/10/12 Price Changed $699,000 -6.2% $265 / Sq Ft
08/01/2012 08/01/12 For Sale $745,000 -- $282 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $9,350 $739,154 $221,743 $517,411
2022 $9,535 $724,662 $217,396 $507,266
2021 $9,341 $710,454 $213,134 $497,320
2020 $8,920 $703,170 $210,949 $492,221
2019 $8,764 $689,383 $206,813 $482,570
2018 $8,598 $675,866 $202,759 $473,107
2017 $8,470 $662,615 $198,784 $463,831
2016 $8,220 $649,624 $194,887 $454,737
2015 $7,897 $639,867 $191,960 $447,907
2014 $7,809 $627,334 $188,200 $439,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219101602

Greater Palm Springs Multiple Listing Service

APN: 508-446-002