NOT LISTED FOR SALE

Estimated Value: $644,000 - $939,000

2 Beds
2 Baths
1,206 Sq Ft
$673/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $592,000 $491 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,973/month

35 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Furnished
  • Palm Springs High School Rated A-
  • Mountain View
  • Quartz Countertops

About This Home

As of June 2020

Charming 2 Bedroom/2 Bath home in popular Movie Colony East just 3 blocks from Ruth Hardy Park! Situated on a corner lot, this home features amazing mountain views from the cozy living room that provides easy in/out access to pool and private backyard. While maintaining its mid-century esthetic, this home has been extensively renovated over the past five years. Renovations include: all new kitchen, new plumbing, new electric panel, new gas lines, new roof (including new insulation), all new porcelain tile flooring throughout, new a/c ductwork, new on demand hot water system, new pool equipment and front landscaping with new drip system and artificial turf in the back yard. Offered turn-key furnished, just bring your toothbrush! The property is located within walking distance to downtown Palm Springs restaurants, shops and entertainment. Perfect as a primary, second home or investment property! To take a Virtual 3D Walk-Thru of the home, please click on Virtual Tour.

Last Agent to Sell the Property

Will Cook

Keller Williams Luxury Homes License #01879277 Listed on: 04/23/2020

Co-Listed By

Will Cook Group

Keller Williams Luxury Homes License #01879277

Last Buyer's Agent

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476

Keller Williams Luxury Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,986

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507244014

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,986

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Included In Sale: Washer/Dryer, Fridge. Turn-key furnished per inventory
  • List Price per Sq Ft: 496.68
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Year Built: 1956
  • Co Listing Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 322-9266
  • Listing I D: 219042382
  • Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Wood
  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Quartz Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1206.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507244014
  • Irrigation: Drip System, Sprinkler System
  • Lot Acres: 0.1800
  • Lot Size: 7841.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 16, 2020
Sold by
Sokoloff Paul J and Sarjeant Colin
Bought by
Arnold Mark C and Rios Brian J
Seller's Agent
Will Cook
Keller Williams Luxury Homes
Buyer's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$599,000
Sold Price
$592,000
Premium/Discount to List
-$7,000
-1.17%
Total Days on Market
35
Current Estimated Value
$811,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,647
Avg. Annual Appreciation
6.56%
Original Mortgage
$473,600
Outstanding Balance
$424,417
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$387,230

Purchase Details

Listed on
Aug 26, 2014
Closed on
Sep 3, 2014
Sold by
Garcia Betty Jane
Bought by
Sokoloff Paul J and Sarjeant Colin
Seller's Agent
Stephanie Taylor
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$389,000
Sold Price
$380,000
Premium/Discount to List
-$9,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$245,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Arnold Mark C $592,000 Orange Coast Title Insurance
Sokoloff Paul J $380,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Rios Revocable Trust $50,000
Open Arnold Mark C $473,600
Previous Owner Sokoloff Paul J $245,000
Previous Owner Garcia Phil $544,185
Previous Owner Garcia Phil $444,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $592,000 -1.2% $491 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $599,000 +57.6% $497 / Sq Ft
10/15/2014 10/15/14 Sold $380,000 -2.3% $315 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $389,000 -- $323 / 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
2023 $7,986 $622,295 $94,605 $527,690
2022 $8,146 $610,094 $92,750 $517,344
2021 $7,982 $598,132 $90,932 $507,200
2020 $5,457 $417,593 $125,276 $292,317
2019 $5,365 $409,406 $122,820 $286,586
2018 $5,266 $401,379 $120,413 $280,966
2017 $5,189 $393,509 $118,052 $275,457
2016 $5,040 $385,794 $115,738 $270,056
2015 $4,836 $380,000 $114,000 $266,000
2014 $893 $62,668 $12,721 $49,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219042382

California Desert Association of REALTORS®

APN: 507-244-014