NOT LISTED FOR SALE

1507 E San Jacinto Way Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $1,628,000 - $2,188,000

3 Beds
3.5 Baths
2,274 Sq Ft
$807/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,750,000 $770 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,049/month

92 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Springs High School Rated A-
  • Custom Home
  • Mountain View

About This Home

As of October 2021

Newly constructed in 2020 this one-of-a-kind custom-built residence truly defines the quintessential Palm Springs lifestyle. Located in the highly sought-after Movie Colony area within easy distance to shopping, fine dining, and downtown, this is the ideal home for entertainment or just a private escape. Defined by an open floor plan with high vaulted ceilings and a bright, airy ambiance, no attention to detail was spared. The oversized great room features sliders to outdoor pool, dining, and entertainment spaces. The chef's kitchen centers around a large island with stainless appliances, plentiful custom cabinetry, and quartz counters with an adjacent dining area. The Primary retreat is complete with walk-in closet, large designer tiled shower, double vanities, and opens directly to the pool/spa. Two large en-suite guest bedrooms are located on the opposite side of the residence. The outdoor spaces include a custom designed pool and spa with waterfalls, built-in firepit, outside shower, and multiple dining/sunning spaces all sited with incredible mountain views in mind. A solar system, energy efficient and water-conserving fixtures, and beautiful desert landscaping make this property definitely eco-friendly. Sold turnkey furnished per inventory for immediate enjoyment, this is the perfect full-time residence, getaway, or investment property.

Last Listed By

Gregg Fletcher

Compass License #01070310 Listed on: 06/29/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,601

Year Built

  • Built in 2020

Lot Details

  • 7,841 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,274 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Sliding Doors
  • Entryway
  • Great Room
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Double Vanity
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature
  • Pool Sweep

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Solar owned by a third party
  • Ground Level

Community Details

  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507246004

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,601

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Style: Contemporary
  • List Price per Sq Ft: 866.31
  • Lp Sp Ratio: 0.8900
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 2020
  • Listing I D: 219064195
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Interior Amenities: High Ceilings (9 Ft+), Vaulted Ceiling(s), Recessed Lighting, Open Floorplan
  • Range Hood: Yes
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Main Floor Master Bedroom, Walk In Closet, Master Suite, Master Retreat
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Under Vanity Lighting, Shower Over Tub, Low Flow Toilet(s), Low Flow Shower(s), Linen Closet
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Kitchen Island, Dining Area
  • Kitchen Features: Island, Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2274.00

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, Solar System Financed
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Waterfall, Pool Sweep
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Salt Water, Waterfall, Private, In Ground, Gunite
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Sprinkler System, Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Tankless

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507246004
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 7841.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • 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
Jun 29, 2021
Closed on
Sep 20, 2021
Sold by
Martin Frank Patrick and Martin Kristi
Bought by
Shevlin Scott and Emmons George
Seller's Agent
Gregg Fletcher
Compass
List Price
$1,970,000
Sold Price
$1,750,000
Premium/Discount to List
-$220,000
-11.17%
Total Days on Market
92
Current Estimated Value
$1,834,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,584
Avg. Annual Appreciation
1.20%
Original Mortgage
$507,000
Outstanding Balance
$469,303
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$1,358,263

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 14, 2020
Sold by
Desert Homes Inc
Bought by
Martin Frank Patrick and Martin Kristi
Seller's Agent
Michael Leon
Realty Executives Desert Lifestyles
Buyer's Agent
Mark Gutkowski
Bennion Deville Homes
List Price
$998,000
Sold Price
$1,005,000
Premium/Discount to List
$7,000
0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.31%

Purchase Details

Closed on
Dec 8, 2016
Sold by
Furlan Edward S and Gertsman Philip S
Bought by
Desert Homes Inc

Purchase Details

Closed on
Nov 25, 2016
Sold by
Gertsman Keren
Bought by
Gertsman Philip S

Purchase Details

Closed on
May 24, 2016
Sold by
Rodriguez Alejo
Bought by
Furlan Edward S and Gertsman Philip S

Purchase Details

Closed on
May 19, 2006
Sold by
Dyer Harry and Dyer Katherine
Bought by
Dyer Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,980
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 18, 2006
Sold by
Dyer Katherine and Walker Katherine Mills
Bought by
Rodriguez Alejo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,980
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 24, 2006
Sold by
Money Solution Llc
Bought by
Rodriguez Alejo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,980
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 15, 2006
Sold by
Walker Katherine Dyer
Bought by
Money Solution Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Shevlin Scott $1,750,000 Lawyers Title Ie
Martin Frank Patrick $1,005,000 Orange Coast Title Company
Desert Homes Inc -- None Available
Gertsman Philip S -- None Available
Furlan Edward S -- None Available
Furlan Edward S $175,100 None Available
Rodriguez Alejo -- New Century Title Company
Rodriguez Alejo $450,000 New Century Title Company
Money Solution Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shevlin Scott $507,000
Previous Owner Rodriguez Alejo $72,000
Previous Owner Dyer Katherine $89,980
Previous Owner Rodriguez Alejo $359,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $1,750,000 -11.2% $770 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $1,970,000 +96.0% $866 / Sq Ft
08/24/2020 08/24/20 Sold $1,005,000 +0.7% $442 / Sq Ft
03/23/2020 03/23/20 For Sale $998,000 -- $439 / 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 $21,601 $1,726,860 $484,500 $1,242,360
2022 $22,040 $1,750,000 $475,000 $1,275,000
2021 $13,230 $1,005,000 $90,000 $915,000
2020 $3,537 $264,841 $186,241 $78,600
2019 $2,275 $182,590 $182,590 $0
2018 $2,232 $179,010 $179,010 $0
2017 $2,198 $175,500 $175,500 $0
2016 $2,853 $230,000 $230,000 $0
2015 $2,668 $220,000 $220,000 $0
2014 $2,577 $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregg Fletcher

    Seller's Agent in 2021

    Gregg Fletcher

    Compass

    (760) 844-0110

    4 in this area

    55 Total Sales

    Gregg Fletcher
    Section Image
  • Michael Leon

    Seller's Agent in 2020

    Michael Leon

    Realty Executives Desert Lifestyles

    (805) 857-8816

    1 in this area

    39 Total Sales

    Michael Leon
    Section Image
  • Mark Gutkowski

    Buyer's Agent in 2020

    Mark Gutkowski

    Bennion Deville Homes

    (760) 844-2229

    7 in this area

    135 Total Sales

    Mark Gutkowski
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219064195

California Desert Association of REALTORS®

APN: 507-246-004

California Riverside County Palm Springs 92262 Movie Colony East

1507 E San Jacinto Way, Palm Springs, CA

This home is located at 1507 E San Jacinto Way, Palm Springs, CA 92262 since 29 June 2021 and is currently estimated at $1,834,584, approximately $806 per square foot. This property was built in 2020. 1507 E San Jacinto Way is a home located in Riverside County with nearby schools including Katherine Finchy 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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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