NOT LISTED FOR SALE

1548 E Mel Ave Palm Springs, CA 92262

Movie Colony East Neighborhood

Estimated Value: $750,000 - $1,089,000

3 Beds
2 Baths
2,101 Sq Ft
$440/Sq Ft Est. Value

Last Sold January 21, 2014

Last sale price $450,000 $214 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,464/month

103 Days on Market

About This Home

As of January 2014

Another price reduction....seller very motivated! This unique and private gated home is located in the Ruth Hardy Park neighborhood of Central Palm Springs. The custom iron sculptured front gates, double door entry and fireplace make this home truly one of a kind. The impressive kitchen features granite counter tops, breakfast bar, stainless steel appliances and cherry wood cabinets. Natural slate flooring and vaulted ceiling in the open living area blends with view to outdoor space and is perfect for entertaining. Dual zoned A/C, dual water heaters and other amenities offer comfort and convenience.The desert landscaped yard with spectacular mountain view and saltwater pool/spa with rockwaterfall provide you with the desert lifestyle at a great price!

Last Agent to Sell the Property

Donna Larson

Larson Desert Realty License #01325948 Listed on: 09/11/2013

Last Buyer's Agent

Alan Bloom

AC Eagle Corporation License #01469766

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,759

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Cross Street: SUNRISE WAY
  • Active Date: 2013-12-04
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 2101.0
  • Building Structure Style: Contemporary
  • Driving Directions: Sunrise Way North to Mel Avenue. Take left ...house is on right side (north) side of street.
  • Full Street Address: 1548 E MEL AVE
  • Lot Dimension Description: A.23
  • Pool Construction: In Ground
  • Pool Descriptions: Heated - Gas
  • Primary Object Modification Timestamp: 2015-04-14
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Heated - Gas, Private Spa
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Appliances: Range Hood, Microwave, Range
  • Advertising Remarks: Another price reduction....seller very motivated! This unique and private gated home is located in the Ruth Hardy Park neighborhood of Central Palm Springs. The custom iron sculptured front gates, double door entry and fireplace make this home truly one
  • Total Bedrooms: 3
  • Builders Tract Code: 5740
  • Builders Tract Name: RUTH HARDY PARK/MOVIE COLONY EAST
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Water Line to Refrigerator
  • Floor Material: Carpet, Slate
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1
  • Foundation: Foundation - Concrete Slab
  • Patio: Concrete Slab
  • Fence: Block Wall
  • Windows: Vertical Blinds
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Security: Gated Community

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Rowell Cindra Lu
Bought by
Rowell Cindra Lu and The Family Trust Of Cindra Lu
Current Estimated Value
$924,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,500
Outstanding Balance
$288,674
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$713,414

Purchase Details

Listed on
Sep 11, 2013
Closed on
Jan 8, 2014
Sold by
Kudla Roy S and Kudla Marifrances T
Bought by
Rowell Cindra Lu
Seller's Agent
Donna Larson
Larson Desert Realty
Buyer's Agent
Alan Bloom
AC Eagle Corporation
List Price
$559,900
Sold Price
$450,000
Premium/Discount to List
-$109,900
-19.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$360,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2011
Sold by
Entrust Administration Inc
Bought by
Kudla Roy S and Kudla Marifrances T

Purchase Details

Closed on
Dec 4, 2006
Sold by
Boyko Walter N
Bought by
Kudla Roy S and Kudla Maryfrances T

Purchase Details

Closed on
Nov 23, 2005
Sold by
Boyko Walter N
Bought by
Boyko Walter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2004
Sold by
Boyko Ingrid
Bought by
Boyko Walter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Wilkie Gary G
Bought by
Boyko Walter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1998
Sold by
Wilkie Gilbert C
Bought by
Wilkie Gilbert G
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
Rowell Cindra Lu -- Fidelity National Title Co
Rowell Cindra Lu -- Fidelity National Title Co
Rowell Cindra Lu $450,000 Stewart Title Of California
Kudla Roy S -- None Available
Kudla Roy S $167,697 None Available
Boyko Walter N -- --
Boyko Walter N -- Fidelity Natl Title Ins Co
Boyko Walter N $320,000 Fidelity Natl Title Ins Co
Wilkie Gilbert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rowell Cindra Lu $323,500
Closed Rowell Cindra Lu $360,000
Previous Owner Boyko Walter N $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $450,000 -6.1% $214 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
12/10/2013 12/10/13 Price Changed $479,000 -9.5% $228 / Sq Ft
11/18/2013 11/18/13 Price Changed $529,000 -5.5% $252 / Sq Ft
09/11/2013 09/11/13 For Sale $559,900 -- $266 / Sq Ft
Source: Palm Springs Regional 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
2025 $6,759 $551,621 $165,482 $386,139
2023 $6,759 $530,203 $159,057 $371,146
2022 $6,890 $519,808 $155,939 $363,869
2021 $6,750 $509,617 $152,882 $356,735
2020 $6,449 $504,393 $151,315 $353,078
2019 $6,337 $494,504 $148,349 $346,155
2018 $6,218 $484,809 $145,441 $339,368
2017 $6,143 $475,304 $142,590 $332,714
2016 $6,033 $465,986 $139,795 $326,191
2015 $5,792 $458,990 $137,697 $321,293
2014 $7,524 $597,000 $182,000 $415,000
Source: Public Records

Agents Affiliated with this Home

  • Donna Larson

    Seller's Agent in 2014

    Donna Larson

    Larson Desert Realty

    (760) 578-5372

    46 Total Sales

    Donna Larson
    Section Image

  • A

    Buyer's Agent in 2014

    Alan Bloom

    AC Eagle Corporation

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-699441PS

APN: 507-121-003

California Riverside County Palm Springs 92262 Movie Colony East

1548 E Mel Ave, Palm Springs, CA

This home is located at 1548 E Mel Ave, Palm Springs, CA 92262 since 11 September 2013 and is currently estimated at $924,370, approximately $439 per square foot. This property was built in 1954. 1548 E Mel Ave is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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