NOT LISTED FOR SALE

Estimated Value: $1,712,000 - $3,494,370

5 Beds
4.5 Baths
6,252 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $1,325,000 $212 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $17,050/month

105 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Panoramic View
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • Custom Home

About This Home

As of May 2014

An architectural tour-de-force, this luxurious home is a sophisticated balance of form and light-filled spaces. Perfectly sited and set above the street on a quiet cul-de-sac, this residence affords maximum privacy and commanding mountain views. Located in Andreas Hills in South Palm Springs, this custom contemporary home features a wall of glass in the main living area for taking in the views of the pool/spa and the enormous exterior rock wall fountain and water feature. The multifunctional floor plan allows for several rooms to be used for different purposes, e.g., the media room which is wired for speakers and projection equipment could also be used as a den, office or fifth en-suite bedroom. The large living room is perfect for entertaining and would easily accommodate a concert grand piano! The kitchen has an enormous center island and boasts counter space as expansive as the views! A unique and special place, this home was built to impress, and it does!

Last Agent to Sell the Property

Edward West

HomeSmart License #01877353 Listed on: 01/22/2014

HomeSmart

Co-Listed By

Gary Nicholson

HomeSmart License #01198388

Last Buyer's Agent

Edward West

HomeSmart License #01877353 Listed on: 01/22/2014

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,632

Year Built

  • Built in 1980

Lot Details

  • 1.08 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Stucco Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 3 Car Garage

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Pool

Home Design

  • Custom Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 6,252 Sq Ft Home
  • 1-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Door Entry
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities

Community Details

  • Andreas Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 686450023

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,632

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Andreas Hills
  • Building Style: Contemporary
  • List Price per Sq Ft: 223.77
  • Lp Sp Ratio: 0.9471
  • View Type: Desert, Mountain(s), Panoramic, Pool
  • Year Built: 1980
  • Co Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 844-7550
  • Listing I D: 214003049
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Andreas Hills
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: Bar, Cathedral Ceiling(s), High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms, Master Retreat, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Remodeled, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Remodeled
  • Estimated Sq Ft: 6252.00

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Custom Built, Rain Gutters
  • Roofing: Composition, Shingle
  • Fencing: Block, Chain Link, Stucco Wall
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Zoned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 686450023
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 1.0800
  • Lot Description: Utilities Underground
  • Lot Dimensions: 47045
  • Lot Location: Cul-De-Sac
  • Lot Size: 47045.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Gelman Laurence M
Bought by
Gelman Family Trust
Current Estimated Value
$2,767,123

Purchase Details

Closed on
Aug 2, 2018
Sold by
Gelman Laurence
Bought by
Gelman Laurence M and Gelman Vickie

Purchase Details

Closed on
Dec 16, 2014
Sold by
Gelman Laurence M
Bought by
Gelman Laurence

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 20, 2014
Sold by
Valencia Technology Llc
Bought by
Gelman Laurence M
Seller's Agent
Edward West
HomeSmart
Buyer's Agent
Edward West
HomeSmart
List Price
$1,449,000
Sold Price
$1,325,000
Premium/Discount to List
-$124,000
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,126,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2011
Closed on
Mar 26, 2012
Sold by
Gibbs Afsaneh
Bought by
Valencia Technology Llc
Seller's Agent
Shoghik Schifberg
Beverly and Company, Inc.
List Price
$519,000
Sold Price
$640,000
Premium/Discount to List
$121,000
23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.89%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Greenberg Bernard M
Bought by
Gibbs Afsaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,240
Interest Rate
6.51%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2007
Sold by
Maloney M Kevin
Bought by
Greenberg Bernard M

Purchase Details

Closed on
Jun 14, 2005
Sold by
Maloney M Kevin
Bought by
Dabbles Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 23, 2004
Sold by
Mullan Beverly F
Bought by
Maloney M Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
Mullan Jack W and Mulan Beverly F
Bought by
Mullan Jack W and Mullan Beverly F

Purchase Details

Closed on
Jan 31, 1994
Sold by
Coast Federal Bank Fsb
Bought by
Mullan Jack W and Mullan Beverly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 24, 1993
Sold by
Coast Fed Services
Bought by
Coast Federal Bank
Source: Public Records

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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
Gelman Family Trust -- None Listed On Document
Gelman Laurence M -- None Available
Gelman Laurence -- Equity Title Company
Gelman Laurence M $1,325,000 Equity Title Company
Valencia Technology Llc $640,000 Equity Title Los Angeles
Gibbs Afsaneh $459,000 Landamerica Southland Title
Gibbs Afsaneh -- Southland Title
Greenberg Bernard M $100,000 None Available
Dabbles Investments Inc -- --
Maloney M Kevin $1,045,000 First American Title Co
Mullan Jack W -- --
Mullan Jack W $460,000 Commonwealth Land Title
Coast Federal Bank $600,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelman Laurence $1,220,000
Previous Owner Gelman Laurence M $1,126,250
Previous Owner Gibbs Afsaneh $356,240
Previous Owner Maloney M Kevin $400,000
Previous Owner Maloney M Kevin $58,900
Previous Owner Maloney M Kevin $770,000
Previous Owner Mullan Jack W $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Pending -- -- --
05/07/2014 05/07/14 Sold $1,325,000 -5.3% $212 / Sq Ft
02/20/2014 02/20/14 Price Changed $1,399,000 -3.5% $224 / Sq Ft
01/22/2014 01/22/14 For Sale $1,449,000 +126.4% $232 / Sq Ft
04/09/2012 04/09/12 Sold $640,000 +6.8% $102 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/20/2012 01/20/12 Price Changed $599,000 -6.4% $96 / Sq Ft
11/25/2011 11/25/11 Price Changed $640,000 -8.4% $102 / Sq Ft
11/09/2011 11/09/11 Price Changed $699,000 +34.7% $112 / Sq Ft
08/29/2011 08/29/11 For Sale $519,000 -- $83 / 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 $19,632 $1,561,186 $471,298 $1,089,888
2022 $20,033 $1,530,575 $462,057 $1,068,518
2021 $19,622 $1,500,565 $452,998 $1,047,567
2020 $18,726 $1,485,180 $448,354 $1,036,826
2019 $18,399 $1,456,060 $439,564 $1,016,496
2018 $17,810 $1,427,511 $430,946 $996,565
2017 $17,782 $1,399,522 $422,497 $977,025
2016 $17,254 $1,372,081 $414,213 $957,868
2015 $16,597 $1,351,473 $407,992 $943,481
2014 -- $655,762 $229,516 $426,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214003049

California Desert Association of REALTORS®

APN: 686-450-023