NOT LISTED FOR SALE

Estimated Value: $2,249,000 - $3,294,014

3 Beds
5 Baths
4,979 Sq Ft
$564/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $1,625,000 $326 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $17,549/month

17 Days on Market

About This Home

As of April 2018

The Russo House, 1974, by Walling and McCallum. Architecturally significant, one-off, tennis court estate located high up in the Andreas Hills area of Palm Springs on a breathtaking private lot. Strong architectural lines draw you through this home with soaring ceilings throughout. Expansive walls of glass blur the distinction between indoor and outdoor living, uniquely designed to capture mountain and garden vistas from all rooms. Exceptional master wing with double walk-in closets and double baths. Two bedroom, two bath guest wing, office/den, large family room, multiple patios and outdoor loggias, pool and spa, sauna and tennis court. Fee-simple land.

Last Agent to Sell the Property

Nelson - Moe Group

Compass Listed on: 03/30/2018

Compass

Co-Listed By

John Nelson

Compass License #01116367

Last Buyer's Agent

Linda Rease

Bennion Deville Homes License #01438424

Bennion Deville Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 12, 2018
Sold by
Steer Sean G and Jewell James A
Bought by
Steer Sean G and Jewell James A
Seller's Agent
Nelson - Moe Group
Compass
Buyer's Agent
Linda Rease
Bennion Deville Homes
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%
Current Estimated Value
$2,808,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,183,754
Avg. Annual Appreciation
8.59%
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2018
Closed on
Apr 5, 2018
Sold by
Salvo Ronald C De
Bought by
Steer Sean Gaston and Jewell James Alan
Seller's Agent
Nelson - Moe Group
Compass
Buyer's Agent
Linda Rease
Bennion Deville Homes
List Price
$1,650,000
Sold Price
$1,625,000
Premium/Discount to List
-$25,000
-1.52%

Purchase Details

Closed on
Nov 20, 2015
Sold by
Desalvo Ronald C
Bought by
Desalvo Ronald C

Purchase Details

Closed on
Feb 8, 2006
Sold by
Dahl David B
Bought by
Desalvo Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2004
Sold by
Dahl David B
Bought by
Dahl David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,083
Interest Rate
4.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 13, 2003
Sold by
Dahl David B
Bought by
Dahl David B

Purchase Details

Closed on
Jul 23, 1998
Sold by
Dahl David B
Bought by
Dahl David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Dahl Carol V
Bought by
Dahl David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
George Jacobs and George Sadye Jacobs
Bought by
Dahl David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.01%
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
Steer Sean G -- Old Republic Title Company
Steer Sean Gaston $1,625,000 Equity Title
Desalvo Ronald C -- None Available
Desalvo Ronald C $1,700,000 First American Title Company
Dahl David B -- Fidelity National Lenders So
Dahl David B -- First American Title Ins Co
Dahl David B -- First American Title Ins Co
Dahl David B -- First American Title Ins Co
Dahl David B -- First American Title Ins Co
Dahl David B $650,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steer Sean G $650,000
Closed Steer Sean G $450,000
Previous Owner Desalvo Ronald C $1,180,000
Previous Owner Desalvo Ronald C $530,000
Previous Owner Desalvo Ronald C $530,000
Previous Owner Desalvo Ronald C $1,000,000
Previous Owner Dahl David B $300,000
Previous Owner Dahl David B $596,083
Previous Owner Dahl David B $600,000
Previous Owner Dahl David B $100,000
Previous Owner Dahl David B $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $1,625,000 -1.5% $326 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $1,650,000 -- $331 / 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
2023 $22,821 $1,777,172 $519,480 $1,257,692
2022 $22,768 $1,742,327 $509,295 $1,233,032
2021 $22,300 $1,708,164 $499,309 $1,208,855
2020 $21,279 $1,690,650 $494,190 $1,196,460
2019 $20,907 $1,657,500 $484,500 $1,173,000
2018 $20,510 $1,625,000 $462,000 $1,163,000
2017 $19,165 $1,510,000 $444,000 $1,066,000
2016 $18,851 $1,501,000 $441,000 $1,060,000
2015 $18,407 $1,501,000 $441,000 $1,060,000
2014 $18,596 $1,501,000 $441,000 $1,060,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-328482PS

APN: 686-412-009