NOT LISTED FOR SALE

Estimated Value: $1,463,000 - $1,905,000

3 Beds
2.5 Baths
2,364 Sq Ft
$720/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,925,000 $814 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $10,444/month

157 Days on Market

Highlights

  • Garage Cooled
  • In Ground Pool
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • Solar Power System
  • Primary Bedroom Suite

About This Home

As of May 2024

Live in a work of art! The "Mural House" is an architectural masterpiece with soaring ceilings and provocative angles. Renowned and celebrated local artist, Shawn Savage, was commissioned to create 8 incredible murals, giving this one-of-a-kind home a personality all its own! This gorgeous home sits proudly in the highly coveted "The Mesa" neighborhood of South Palm Springs surrounded by well-known multi-million dollar A-List celebrity proprties...Manilow, Somers, Mancini, Gable, Bono (both with and without Cher), Gillette, Wagner & Wood, Lawson, MGM Bungalows...the list is endless. Enjoy majestic mountain views from the newly renovated backyard oasis including elegant poolside cabanas, tiled patios, and drought friendly synthetic lawns. The pool has new coping and tile and can be enclosed with a custom pet safety fence.This is arguably unlike anything you've seen before in PS! 3 Bedrooms, 2 1/2 bathrooms. 2,364 Sq Ft of art-collected perfection. Spectacular 2 1/2 year renovation at a cost of nearly $700K. Virtually everything is new. Completely done and move in ready. Custom designed awnings and motorized gates feed to a huge circular driveway that could easily hold 8 vehicles filled with your favorite people. Artfully blending old and new with a nod to the past featuring vintage chandeliers. Only super high-end materials, fixtures and appliances were selected. Thermador, Grohe, Hansgrohe, OVE, Kohler, U-line, Italian porcelain floors and tile throughout. Full size wet bar with refrigerator and ice maker. All new: Solar (owned, 30 panels), flooring, kitchen, baths, hardscape, landscape, HVAC, interior and exterior paint, outdoor shower, custom book matched walnut kitchen and bath cabinets, water softener, quartz countertops, rare Italian marble fireplace with gas starter, custom built 13' front doors have a 50 year warranty. Garage is finished to perfection with its own 2 ton mini-split A/C and high-end laundry facilities. It's so nice that it could easily be used as a rec room or home gym! Third bedroom currently set up as a home gym with a Queen size wall bed. Excellent rental potential of approx. $145K per year with under 20% STR. Walkable to many restaurants, bars and shops E.g., Bar Cecil, Mr. Lyons, Miro's, Gigi's, El Mirasol, King's Highway, Gabino's, F/10, and only 1 mile south of CBD Palm Springs.

Last Agent to Sell the Property

Michael McGee

Michael David McGee License #01318790 Listed on: 10/31/2023

Co-Listed By

Mike Koonce

MDMBML, INC Referal License #01303288

Last Buyer's Agent

The Hungerford Team

Desert Elite Properties, Inc. License #01915296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,543

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • North Facing Home
  • Stucco Fence
  • Irregular Lot
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • 6 Open Parking Spaces
  • 2 Carport Spaces
  • Garage Cooled
  • Heated Garage
  • Circular Driveway
  • Automatic Gate
  • RV Potential

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,364 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Drapes & Rods
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Gym
  • Porcelain Tile
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Bidet
  • Low Flow Toliet
  • Double Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Stacked Washer and Dryer Hookup

Home Security

  • Security System Owned
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool

Utilities

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

Additional Features

  • Solar Power System
  • Covered patio or porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 513-376-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,543

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 6520
  • Entry Location: Ground Level - no steps
  • Living Area: 2364
  • Lot Acreage: 0.2200
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1954
  • Builders Tract Name: The Mesa
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Wet Bar
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Porcelain
  • Appliances: Convection Oven, Cooktop - Gas, Microwave, Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Bidet, Double Vanity(s), Low Flow Toilet(s), Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Quartz Counters, Remodeled, Gourmet Kitchen
  • Laundry: Garage, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Stackable W/D Hookup, Ice Maker, Water Conditioner
  • Fireplace: Yes
  • Price Per S Q F T: 846.02
  • Windows: Double Pane Windows, Drapes/Curtains, Tinted Windows

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Custom Built, High Ceilings (9 Feet+), Sliding Glass Doors, Slab, Double Door Entry
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Stucco Wall
  • Patio: Tile, Slab, Covered
  • Pool Description: Fenced, Heated with Gas, In Ground, Safety Fence, Private
  • Pool: Yes
  • Roof: Flat, Foam
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 1
  • Other Spaces: 6
  • Covered Parking: 3
  • Parking Garage: Air Conditioned Garage, Auto Driveway Gate, Carport, Circular Driveway, Garage - 1 Car, Heated Garage, RV Possible, Attached
  • Total Parking: 9

Utilities

  • Volt 220: In Garage, In Kitchen, In Laundry
  • Water Heater: Gas
  • Cooling: Air Conditioning, Ceiling Fan, Central, Electric
  • Heating: Central, Forced Air, Natural Gas
  • Security: Owned, Smoke Detector, Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights
  • Sewer: In Connected and Paid
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 513-376-008
  • Lot Description: Lot Shape-Irregular
  • Lot Size Area: 9583

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Apr 8, 2024
Sold by
Mcgee Michael D and Leblanc Barry M
Bought by
J & Mf Properties Llc
Seller's Agent
Michael McGee
Michael David McGee
Buyer's Agent
The Hungerford Team
Desert Elite Properties, Inc.
List Price
$2,250,000
Sold Price
$1,925,000
Premium/Discount to List
-$325,000
-14.44%
Views
120
Current Estimated Value
$1,702,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,863
Avg. Annual Appreciation
-10.13%
Original Mortgage
$1,347,500
Outstanding Balance
$1,333,139
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$382,038

Purchase Details

Listed on
Nov 30, 2020
Closed on
Mar 28, 2021
Sold by
Yaghmai Cyrus and Yaghmai 2020 Trust
Bought by
Mcgee Michael D and Leblanc Barry M
Seller's Agent
Sean Gerber
HomeSmart
Buyer's Agent
GPS Non Member
Non Member Office
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.63%
Original Mortgage
$828,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2020
Sold by
Yaghmai Cyrus
Bought by
Yaghmai Cyrus and Yaghmai 2020 Trust

Purchase Details

Closed on
Nov 15, 2016
Sold by
Yaghmai Cyrus
Bought by
Yaghmai Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2006
Sold by
Yaghmai Michelle
Bought by
Yaghmai Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2004
Sold by
Yaghmai Michelle
Bought by
Yaghmai Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 23, 2004
Sold by
Snyder Robert
Bought by
Yaghmai Cyrus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 1, 2001
Sold by
Mazaheri Morton Reza
Bought by
Snyder Robert

Purchase Details

Closed on
May 17, 2000
Sold by
Kimmarz Lenhard Properties Inc
Bought by
Mazaheri Morton Reza

Purchase Details

Closed on
Dec 30, 1997
Sold by
Sweet Thomas I
Bought by
Kimmarz Lenhard Properties Inc

Purchase Details

Closed on
Sep 21, 1994
Sold by
Thomas I Sweet 1993 Trust
Bought by
Sweet Thomas I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 26, 1994
Sold by
Kimmarz Lenhard Properties Inc
Bought by
Sweet Thomas Ives and The Thomas Ives Sweet 1993 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 1994
Sold by
Mazaheri Reza
Bought by
Kimmarz Lenhard Properties Inc
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
J & Mf Properties Llc $1,925,000 Lawyers Title
Mcgee Michael D $975,000 Fidelity National Title
Yaghmai Cyrus -- None Available
Yaghmai Cyrus -- Fidelity National Title Co
Yaghmai Cyrus -- Fidelity National Title Co
Yaghmai Cyrus -- Orange Coast Title Co
Yaghmai Cyrus $787,500 Orange Coast Title Co
Snyder Robert $310,000 American Title
Mazaheri Morton Reza -- Gateway Title Company
Kimmarz Lenhard Properties Inc -- --
Sweet Thomas I -- --
Sweet Thomas Ives $200,000 Old Republic Title Company
Kimmarz Lenhard Properties Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & Mf Properties Llc $1,347,500
Previous Owner Mcgee Michael D $200,000
Previous Owner Mcgee Michael D $828,700
Previous Owner Yaghmai Cyrus $730,000
Previous Owner Yaghmai Cyrus $880,000
Previous Owner Yaghmai Cyrus $630,000
Previous Owner Sweet Thomas Ives $170,000
Closed Yaghmai Cyrus $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,925,000 -3.7% $814 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $1,999,999 -6.4% $846 / Sq Ft
01/05/2024 01/05/24 Price Changed $2,137,500 -5.0% $904 / Sq Ft
10/31/2023 10/31/23 For Sale $2,250,000 +130.8% $952 / Sq Ft
04/19/2021 04/19/21 Sold $975,000 -7.1% $474 / Sq Ft
01/22/2021 01/22/21 Price Changed $1,050,000 -4.5% $511 / Sq Ft
11/30/2020 11/30/20 For Sale $1,100,000 0.0% $535 / Sq Ft
02/11/2017 02/11/17 Rented $4,500 0.0% --
01/27/2017 01/27/17 Price Changed $4,500 -6.3% $2 / Sq Ft
01/05/2017 01/05/17 For Rent $4,800 -- --
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
2023 $11,543 $915,946 $281,826 $634,120
2022 $13,020 $994,500 $306,000 $688,500
2021 $12,572 $960,995 $287,939 $673,056
2020 $10,844 $858,031 $257,088 $600,943
2019 $10,553 $833,040 $249,600 $583,440
2018 $10,157 $801,000 $240,000 $561,000
2017 $9,551 $749,000 $225,000 $524,000
2016 $9,265 $734,000 $220,000 $514,000
2015 $8,782 $713,000 $214,000 $499,000
2014 $6,874 $551,000 $165,000 $386,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-326425

The MLS

APN: 513-376-008