NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,475,023

3 Beds
2 Baths
2,268 Sq Ft
$604/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $1,142,000 $504 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,921/month

33 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Palm Springs High School Rated A-
  • Corner Lot
  • Open to Family Room

About This Home

As of December 2020

The former home of actor-director Francis Lederer, from the golden years of Hollywood, is ready for its next close-up. Resting on a large, walled and hedged private corner lot of nearly 13,000sf in famed Movie Colony East, this renovated home in central Palm Springs has so much to offer. Upon entering, its open and generous entertaining spaces feature a 40’ wall of glass enticing you into a backyard with mountain views, an over-sized pool, citrus trees and an abundance of decking for endless entertaining possibilities. The home's renovation includes a new kitchen, baths, flooring, lighting, doors, windows and more. You are greeted throughout the home by walls of glass and generous rooms that capture and exemplify an indoor/outdoor lifestyle. Two en-suite bedrooms feature new bathrooms, large closets and sliding glass doors to mountain views from their own separate areas of the private yard. The "casita" bedroom suite is comprised of three walls of glass, making it one with the outside. In addition to its three bedrooms, a separate home office is adjacent a covered patio and offers views to the pool. The home has a four-zone AC system and off-street parking for four cars. If all that was not enough to call this home special, its ultimate “shelter-in-place” feature is a below-grade 12’ x 14’ bomb shelter built in 1961. Don’t miss your opportunity to own the ultimate in Hollywood lore and history of Palm Springs. Virtual tour is at: https://my.matterport.com/show/?m=XRDXqWm5WvD

Last Agent to Sell the Property

Todd Hays

Coldwell Banker License #01852756 Listed on: 10/01/2020

Coldwell Banker

Last Buyer's Agent

Marnie Balog

License #01719746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,194

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Property is zoned R1C

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • 1 Carport Space

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Butlers Pantry
  • Built-In Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Movie Colony East Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 11003
  • Assessor Parcel Number 507253005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,194

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: existing appliances
  • Property Attached: No
  • Subdivision Name Other: Movie Colony East (33248)
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 507253005
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2268.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 503.53
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Butler's Pantry, Kitchen Open To Family Room

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, Gunite, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900
  • Latitude Manual: 33.83519800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12632.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 446.02
  • Tax Lot: 16
  • Tax Tract Number: 011003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 30, 2020
Sold by
Natividad Edwin Limson
Bought by
Natividad Edwin Limson and Shih Gloria
Seller's Agent
Todd Hays
Coldwell Banker
Buyer's Agent
Marnie Balog
List Price
$1,150,000
Sold Price
$1,142,000
Premium/Discount to List
-$8,000
-0.7%
Total Days on Market
33
Current Estimated Value
$1,369,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,006
Avg. Annual Appreciation
4.09%
Original Mortgage
$510,400
Outstanding Balance
$459,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$909,671

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 6, 2020
Sold by
Rinkenberger Daniel J
Bought by
Natividad Edwin Limson
Seller's Agent
Todd Hays
Coldwell Banker
Buyer's Agent
Marnie Balog
List Price
$1,150,000
Sold Price
$1,142,000
Premium/Discount to List
-$8,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$459,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$909,671

Purchase Details

Closed on
Jun 9, 2011
Sold by
Defronzo Richard and Rubin Barry
Bought by
Rinkenberger Daniel J

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
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2001
Sold by
Lederer Marion
Bought by
Lederer Marion and The Marion Lederer Revocable Inter Vivos
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
Natividad Edwin Limson -- Accommodation
Natividad Edwin Limson -- Chicago Title Company
Natividad Edwin Limson $1,142,000 None Available
Rinkenberger Daniel J $390,000 None Available
Lederer Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natividad Edwin Limson $510,400
Previous Owner Rinkenberger Daniel J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $1,142,000 -0.7% $504 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,150,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,194 $1,203,436 $381,826 $821,610
2022 $15,310 $1,164,840 $374,340 $790,500
2021 $14,997 $1,142,000 $367,000 $775,000
2020 $5,836 $448,045 $111,436 $336,609
2019 $5,736 $439,260 $109,251 $330,009
2018 $5,631 $430,648 $107,109 $323,539
2017 $5,548 $422,205 $105,009 $317,196
2016 $5,388 $413,927 $102,950 $310,977
2015 $5,171 $407,710 $101,404 $306,306
2014 $5,107 $399,725 $99,418 $300,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20203764

California Regional Multiple Listing Service (CRMLS)

APN: 507-253-005