NOT LISTED FOR SALE

1500 E Palm Tree Dr Palm Springs, CA 92264

Deepwell Estates Neighborhood

Estimated Value: $1,802,000 - $2,245,000

3 Beds
2 Baths
1,984 Sq Ft
$1,014/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $2,200,000 $1,109 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $12,302/month

6 Days on Market

Highlights

  • Filtered Pool
  • Solar Power System
  • Auto Driveway Gate
  • Palm Springs High School Rated A-
  • Gourmet Kitchen
  • Midcentury Modern Architecture

About This Home

As of April 2024

The quintessential Palm Springs mid-century architectural gem built in 1957 by master builder Joe Pawling. Private and gated, located on a quiet street in the coveted Deepwell Estates, this 3 bedroom 2 bathroom has been fully renovated with modern luxuries while enhancing the original architectural features. Enter through a private foyer that leads into the living room with high refinished wood plank ceilings, and its signature suspended fireplace as seen in William Holdens famed Palm Springs home. Light permeates into the home through its floor to ceiling glass wall and clerestory windows with panoramic mountain views of the San Jacinto mountains creating the perfect balance of indoor/outdoor comfort. Bathrooms have been tastefully remodeled with terrazzo floors and luxury amenities. Large kitchen, with Calacatta marble countertop, has been fully equipped with a built in Miele refrigerator, Range, and speed oven microwave. Built in BBQ is located off the kitchen on a large back dining patio. Beautiful glass tile pool and spa sit on the west side of the home taking advantage of the amazing San Jacinto Mountain views. Upgraded with a water filtration system by Life Source that provides filtered water to your entire home. Home is equipped with new HVAC and ducting, Solar, 220v car charger, and newly coated roof. Large attached 2 car garage with built in storage. Full features and upgrade list available upon request.

Last Agent to Sell the Property

John Gornik

Gornik Group, Inc. License #02031452 Listed on: 04/02/2024

Last Buyer's Agent

Scott Ehrens

Compass License #02074886

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,380

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100x100
  • South Facing Home
  • Gated Home
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Driveway
  • Auto Driveway Gate

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Foam Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Range with Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Solar Power System

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Gunite Spa
  • Pool Tile

Outdoor Features

  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Water Conditioner
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 508-451-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,380

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 6310
  • Entry Location: Foyer
  • Living Area: 1984
  • Lot Acreage: 0.2400
  • Lot Dimensions: 100x100
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1956
  • Builders Tract Name: Deepwell
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Beamed Ceiling(s), Drywall Walls, High Ceilings (9 Feet+), Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood, Terrazzo
  • Appliances: Built-In BBQ, Built-Ins, Microwave, Range, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Gourmet Kitchen, Marble Counters, Remodeled
  • Laundry: Garage, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels, Washer, Water Filter, Water Line to Refrigerator, Water Purifier, Water Conditioner, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 1207.16
  • Windows: Screens

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Barbecue Private, Full Copper Plumbing, High Ceilings (9 Feet+), Slab, Rain Gutters, Sliding Glass Doors, Energy Efficient
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Concrete Slab
  • Pool Description: Gunite, Heated, Filtered, Heated with Gas, In Ground, Tile, Private
  • Pool: Yes
  • Roof: Flat, Foam
  • Spa: Gunite, Heated, In Ground, Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Garage - 2 Car, Gated, Auto Driveway Gate, Driveway Gate, Electric Vehicle Charging Station(s), Driveway - Concrete
  • Total Parking: 2

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Central, Air Conditioning, Wall Unit(s)
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Exterior Security Lights
  • Sewer: In Street Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 508-451-003
  • Lot Description: Front Yard, Back Yard, Street Paved
  • Lot Size Area: 10454

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 24, 2024
Sold by
Palm Tree Drive Llc
Bought by
Will Dennis Edward and Wood Jeffery Brian
Seller's Agent
John Gornik
Gornik Group, Inc.
Buyer's Agent
Scott Ehrens
Compass
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Total Days on Market
6
Views
7
Current Estimated Value
$2,011,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,905
Avg. Annual Appreciation
-6.43%

Purchase Details

Listed on
Jun 24, 2023
Closed on
Oct 11, 2023
Sold by
Lawrence Valencia Living Trust
Bought by
Palm Tree Drive Llc
Seller's Agent
Michael Erives
Desert Lifestyle Properties
List Price
$1,450,000
Sold Price
$1,325,000
Premium/Discount to List
-$125,000
-8.62%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.69%
Original Mortgage
$1,329,814
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 25, 2022
Sold by
Valencia Lawrence R
Bought by
Lawrence Valencia Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Will Dennis Edward $2,200,000 Ticor Title
Palm Tree Drive Llc $1,325,000 Chicago Title
Lawrence Valencia Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palm Tree Drive Llc $1,329,814
Previous Owner Valencia Lawrence R $50,000
Previous Owner Scelzi Leslie M $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $2,200,000 -8.1% $1,109 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $2,395,000 +80.8% $1,207 / Sq Ft
10/31/2023 10/31/23 Sold $1,325,000 -8.6% $687 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $1,450,000 -- $752 / 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 $16,380 $2,243,999 $673,202 $1,570,797
2023 $16,380 $429,722 $135,950 $293,772
2022 $5,618 $421,297 $133,285 $288,012
2021 $5,505 $413,037 $130,672 $282,365
2020 $5,261 $408,803 $129,333 $279,470
2019 $5,073 $392,946 $126,798 $266,148
2018 $4,978 $385,242 $124,313 $260,929
2017 $4,903 $377,689 $121,876 $255,813
2016 $4,761 $370,285 $119,487 $250,798
2015 $4,566 $364,726 $117,694 $247,032
2014 $4,505 $357,584 $115,390 $242,194
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    John Gornik

    Gornik Group, Inc.

    (310) 855-2496

    5 in this area

    9 Total Sales

    John Gornik
    Section Image
  • Scott Ehrens

    Buyer's Agent in 2024

    Scott Ehrens

    Compass

    (760) 880-1492

    5 in this area

    153 Total Sales

    Scott Ehrens
    Section Image
  • Michael Erives

    Seller's Agent in 2023

    Michael Erives

    Desert Lifestyle Properties

    (760) 409-1903

    1 in this area

    42 Total Sales

    Michael Erives
    Section Image
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Map

Source: The MLS

MLS Number: 24-374231

The MLS

APN: 508-451-003

California Riverside County Palm Springs 92264 Deepwell Estates

1500 E Palm Tree Dr, Palm Springs, CA

This home is located at 1500 E Palm Tree Dr, Palm Springs, CA 92264 since 02 April 2024 and is currently estimated at $2,011,095, approximately $1,013 per square foot. This property was built in 1956. 1500 E Palm Tree Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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