NOT LISTED FOR SALE

Estimated Value: $2,066,000 - $3,110,000

5 Beds
4.5 Baths
3,188 Sq Ft
$814/Sq Ft Est. Value

Last Sold June 13, 2013

Last sale price $1,185,000 $372 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $15,178/month

55 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Attic
  • Palm Springs High School Rated A-
  • Mountain View
  • 10 Fireplaces

About This Home

As of June 2013

Huge Price Reduction of $150,000. One of only five bermuda roof line Alexander's in prestigious Vista Las Palmas neighborhood. Professionally designed by KUD Properties, this five bed, five bath mid century modern beauty has been entirely renovated and updated. With amazing western mountain views this gated estate is an entertainer's paradise. The property boasts indoor outdoor living and a cook's kitchen overlooking an expansive great room, dining room, and pool and spa. This Palmer & Krisel designed home has four en suites including two large master retreats. Features include: separate maid's quarters, Bosch appliances, quartz counter tops, soaker tub, walk in showers, large walk in closet, Hansgrohe fixtures, attached office, tons of storage, porte cochere, 1/3 acre of manicured grounds, new roof, new HVAC, and new plumbing. Great vacation rental potential! Within walking distance of downtown Palm Springs this stunning residence won't last long.

Last Agent to Sell the Property

Troy Kudlac

KUD Properties, Inc. License #01498474 Listed on: 03/04/2013

Last Buyer's Agent

Subscriber Non

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,664

Year Built

  • Built in 1957

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,188 Sq Ft Home
  • 1-Story Property
  • 10 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Entryway
  • Great Room
  • Dining Room
  • Bonus Room
  • Painted or Stained Flooring
  • Mountain Views
  • Dishwasher
  • Gas Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Attached Garage
  • 2 Attached Carport Spaces
  • Porte-Cochere
  • Circular Driveway
  • Automatic Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • Built by Alexander
  • Vista Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505082002

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,664

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Builder Name: Alexander
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • List Price per Sq Ft: 399.94
  • Lp Sp Ratio: 0.9294
  • Unit Total In Complex: 1
  • View Type: Mountain(s)
  • Year Built: 1957
  • Listing I D: 13655669
  • Listing Member Address: 74124 Highway 111, Palm Desert, CA 92260
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Vista Las Palmas
  • Special Features: None
  • Stories: 10

Interior Features

  • Appliances: Dishwasher, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Stained Concrete
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 4.50
  • Full Bathrooms: 4
  • Estimated Sq Ft: 3188.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Spa Hot Tub Construction: In Ground
  • View: Yes

Garage/Parking

  • Garage Description: Attached
  • Parking: Attached Carport, Circular Driveway, Guest, Porte-Cochere
  • Total Carport Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Automatic Gate

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505082002
  • Irrigation: Sprinkler System
  • Lot Acres: 0.3299
  • Lot Size: 14374.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 30, 2013
Sold by
Kud Properties Inc
Bought by
The Block Family Trust
Seller's Agent
Troy Kudlac
KUD Properties, Inc.
Buyer's Agent
Subscriber Non
List Price
$1,425,000
Sold Price
$1,185,000
Premium/Discount to List
-$240,000
-16.84%
Current Estimated Value
$2,595,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,410,415
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Oct 26, 2011
Closed on
May 8, 2012
Sold by
Olsen Gary
Bought by
Kud Properties Inc
Seller's Agent
Joy Smith
Coldwell Banker Residential Brokerage
Buyer's Agent
Unknown Member
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.50%

Purchase Details

Closed on
Aug 24, 1993
Sold by
Morris Paul H
Bought by
Olsen Gary
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 Buyer Sale Price Title Company
The Block Family Trust $1,185,000 Ticor Title Company
Kud Properties Inc $600,000 Ticor Title Riverside
Olsen Gary $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Block Craig A $1,010,000
Closed The Block Family Trust $1,000,000
Previous Owner Olsen Gary $100,000
Previous Owner Olsen Gary $396,500
Previous Owner Olsen Gary $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $1,185,000 -16.8% $372 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $1,425,000 +137.5% $447 / Sq Ft
06/14/2012 06/14/12 Sold $600,000 -3.1% $188 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
03/14/2012 03/14/12 Price Changed $619,000 -3.1% $194 / Sq Ft
03/02/2012 03/02/12 Price Changed $639,000 -5.9% $200 / Sq Ft
02/09/2012 02/09/12 Price Changed $679,000 -2.9% $213 / Sq Ft
01/18/2012 01/18/12 Price Changed $699,000 -5.4% $219 / Sq Ft
01/05/2012 01/05/12 Price Changed $739,000 -4.0% $232 / Sq Ft
10/27/2011 10/27/11 Price Changed $770,000 +2.7% $242 / Sq Ft
10/26/2011 10/26/11 For Sale $750,000 -- $235 / 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 $17,664 $1,459,228 $511,035 $948,193
2023 $17,664 $1,402,566 $491,192 $911,374
2022 $18,025 $1,375,065 $481,561 $893,504
2021 $17,655 $1,348,104 $472,119 $875,985
2020 $16,850 $1,334,281 $467,278 $867,003
2019 $16,556 $1,308,119 $458,116 $850,003
2018 $16,243 $1,282,471 $449,135 $833,336
2017 $16,002 $1,257,326 $440,329 $816,997
2016 $15,527 $1,232,674 $431,696 $800,978
2015 $14,934 $1,214,160 $425,212 $788,948
2014 $14,792 $1,190,379 $416,884 $773,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 13655669

California Desert Association of REALTORS®

APN: 505-082-002