NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,422,000

3 Beds
2 Baths
1,618 Sq Ft
$705/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $678,500 $419 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,949/month

53 Days on Market

About This Home

As of March 2016

A fine example of early Palm Springs modernist architecture in a custom home, designed by Herbert Burns in 1949, which features many of his hallmarks: low, pitched horizontal roof lines with deep overhangs, floating interior soffits, stack stone decorative walls and planters, and an original built-in mantle clock. This home embraces indoor/outdoor living with a lanai off the main living area covered by an architectural shade system with a stone fireplace/bbq; floor to ceiling glass from the kitchen overlooking pool and spa. An oversized living area with expansive windows on three sides that is anchored by a stunning stone fireplace wall. The two-car garage is currently in use as a game area.

Last Agent to Sell the Property

Matthew Reader

BD Homes-The Paul Kaplan Group License #01905472 Listed on: 12/07/2015

Co-Listed By

Brad Hudson

BD Homes-The Paul Kaplan Group License #01954221

Last Buyer's Agent

Doug McCourt

Bennion Deville Homes License #01987832

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,546

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2015-12-07
  • Full Bathroom: 2
  • Building Size: 1618.0
  • Building Structure Style: Mid Century
  • Driving Directions: Located on Via Miraleste between Chuckwalla and Chia.
  • Full Street Address: 1480 N VIA MIRALESTE
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-03-17
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Appliances: Range
  • Advertising Remarks: A fine example of early Palm Springs modernist architecture in a custom home, designed by Herbert Burns in 1949, which features many of his hallmarks: low, pitched horizontal roof lines with deep overhangs, floating interior soffits, stack stone decorativ
  • Total Bedrooms: 3
  • Builders Tract Code: 5505
  • Builders Tract Name: EL MIRADOR
  • Fireplace: Yes
  • Interior Amenities: Laundry - Closet Stacked
  • Fireplace Rooms: Exterior, Living Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Pantry
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10454
  • Common Walls: Detached/No Common Walls
  • Patio: Lanai, Patio Open

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Driveway - Concrete
  • Parking Type: Garage Is Attached, Carport, Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Sabatino James R and Rego Michael J
Bought by
Racine Richard S
Current Estimated Value
$1,140,465

Purchase Details

Listed on
Dec 7, 2015
Closed on
Feb 11, 2016
Sold by
Sabatino James R and Rego Michael J
Bought by
Sabatino James R and Rego Michael J
Seller's Agent
Matthew Reader
BD Homes-The Paul Kaplan Group
Buyer's Agent
Doug McCourt
Bennion Deville Homes
List Price
$749,000
Sold Price
$678,500
Premium/Discount to List
-$70,500
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$542,800
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 22, 2012
Closed on
Jul 5, 2012
Sold by
Bates Tomei Mary Jo and Tomei Robert
Bought by
Blue Light Special Ltd
Seller's Agent
Paul Kaplan
BD Homes-The Paul Kaplan Group
Buyer's Agent
Matthew Reader
BD Homes-The Paul Kaplan Group
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
May 16, 2003
Sold by
Flannigan Michael A and Farrar John Patrick
Bought by
Bates Tomei Mary Jo and Tomei Robert

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Boss Burton L and Boss Mariellen S
Bought by
Flannigan Michael A and Farrar John Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,550
Interest Rate
9.87%

Purchase Details

Closed on
Jul 13, 1994
Sold by
Bochner Kurt
Bought by
Boss Burton L and Boss Mariellen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 1993
Sold by
Polston Schwartz Hamilton and Fenster Prof
Bought by
Bochner Kurt and Womens Medical Group Desert Inc Pension
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Racine Richard S $764,000 Orange Coast Title Company
Sabatino James R $678,500 Orange Coast Title
Blue Light Special Ltd $530,000 First American Title Company
Bates Tomei Mary Jo $440,000 Orange Coast Title Co
Flannigan Michael A $239,500 First American Title Co
Boss Burton L $110,000 Orange Coast Title Co
Bochner Kurt $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabatino James R $542,800
Previous Owner Bates Tomei Mary Jo $300,000
Previous Owner Flannigan Michael A $215,550
Previous Owner Boss Burton L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2016 03/15/16 Sold $678,500 -6.4% $419 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/08/2016 01/08/16 Price Changed $725,000 -3.2% $448 / Sq Ft
12/07/2015 12/07/15 For Sale $749,000 +41.3% $463 / Sq Ft
08/16/2012 08/16/12 Sold $530,000 -10.9% $328 / Sq Ft View Prior Sale
06/22/2012 06/22/12 For Sale $595,000 -- $368 / Sq Ft
Source: The MLS

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 $10,546 $869,295 $260,787 $608,508
2023 $10,546 $835,541 $250,661 $584,880
2022 $10,755 $819,159 $245,747 $573,412
2021 $10,536 $803,098 $240,929 $562,169
2020 $10,059 $794,864 $238,459 $556,405
2019 $9,883 $779,280 $233,784 $545,496
2018 $8,973 $705,910 $211,773 $494,137
2017 $8,839 $692,070 $207,621 $484,449
2016 $7,242 $563,643 $165,395 $398,248
2015 $7,525 $555,178 $162,911 $392,267
2014 $6,878 $544,305 $159,721 $384,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-963967PS

The MLS

APN: 507-051-002