Seller's Agent in 2018
Mike Albanese
Engel & Völkers Pasadena
(562) 595-2592
16 Total Sales
1887 Torchlight Ln Palm Springs, CA 92264
Araby Commons NeighborhoodEstimated Value: $1,129,000 - $1,531,000
2
Beds
2.5
Baths
2,265
Sq Ft
$570/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Community Stables
- Primary Bedroom Suite
- Palm Springs High School Rated A-
- Pebble Pool Finish
- Panoramic View
About This Home
As of February 2018Location x3! Prime South Palm Springs Mountain View/Pool Home in popular Luminaire. Don't waste any time in getting to this special home. One of the best lots in the development at a very nice price! Panoramic views of soon-to-be-snow-capped Mt San Jacinto from Great Room, Kitchen, Master Bd, Study, Casita, Courtyard, Rear & Side yards. 2Bd/2.5 ba. 2265sf. Study can easily & inexpensively be made into the original 3rd Bd developer option. This home is perfect as a permanent, weekend or vacation home w/ its high ceilings, Neutral Color Scheme, Lite & Brite, Large Rooms, Stylish Upgrades, easy care Desert Landscape yard, huge Cook's Kitchen, Spa-like Master Suite, large Laundry Rm, 2 car garage & tons of storage. 8ft-hi Solid-core & French Doors, Doors, Dual-Pane Windows, Custom Window Coverings, Mosaic Marble Fireplace, St Stl Appliances, Granite Counters, Marble Splash tile & Fabrica Carpet & Porcelain Tile floors. Enjoy endless entertainment possibilities behind the Walled & Gated Private Courtyard, Covered Patio & Saltwater/Pebble-tec Pool w/ Raised Spa & wonderful Guest Casita. And enjoy the ultimate benefit - only ONE adjacent neighbor! Luminaire is an enclave of colorful architectural homes that update the work of Mexican Modernist Luis Barragan & his protege, Ricardo Legoretta! Its a very well-kept & quiet collection of 61 homes at the mouth of Araby Canyon. Nearby beautiful Smoketree Commons Shops/Restaurants. Close to transportation & hiking trails. Not to be missed!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,333
Year Built
- Built in 2006
Lot Details
- 6,534 Sq Ft Lot
- Desert faces the front and back of the property
- Block Wall Fence
- Stucco Fence
- Fence is in excellent condition
- Drip System Landscaping
- Level Lot
- Sprinklers Throughout Yard
- Private Yard
- Back and Front Yard
HOA Fees
- $120 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Side by Side Parking
- Garage Door Opener
Property Views
- Panoramic
- Canyon
- Mountain
Home Design
- Contemporary Architecture
- Planned Development
- Tar and Gravel Roof
- Composition Roof
- Stucco
Interior Spaces
- 2,265 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wood Burning Fireplace
- Gas Fireplace
- Double Pane Windows
- Drapes & Rods
- Blinds
- French Doors
- Sliding Doors
- Formal Entry
- Great Room
- Separate Family Room
- Living Room with Fireplace
- Home Office
- Storage
- Granite Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Double Master Bedroom
- Converted Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Pebble Pool Finish
- Filtered Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Saltwater Pool
- Waterfall Pool Feature
- Permits For Spa
Outdoor Features
- Covered patio or porch
- Exterior Lighting
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Powered By Gas
- Zoned Heating and Cooling
Additional Features
- ENERGY STAR Qualified Equipment
- Detached Guest House
Listing and Financial Details
- Tax Lot 46
- Tax Tract Number 31514
- Assessor Parcel Number 510360046
Community Details
Overview
- Luminaire Com Assn Association, Phone Number (760) 323-3212
- Built by Ashbrook
- Mountainous Community
Recreation
- Community Stables
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2021
Sold by
Gilman Gregory Collins
Bought by
Gilman Gregory C and The Gregory C Gilman Living Tr
Total Days on Market
27
Current Estimated Value
Purchase Details
Listed on
Nov 18, 2017
Closed on
Jan 5, 2018
Sold by
Hoehn Mary Margaret and Hoehn Mary M
Bought by
Albanese Michael T and Albanese Michael
Seller's Agent
Mike Albanese
Engel & Völkers Pasadena
Buyer's Agent
Fred Straeter
Bennion Deville Homes
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Purchase Details
Listed on
Nov 18, 2017
Closed on
Dec 21, 2017
Sold by
Albanese Michael T
Bought by
Gilman Gregory Collins
Seller's Agent
Mike Albanese
Engel & Völkers Pasadena
Buyer's Agent
Fred Straeter
Bennion Deville Homes
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Purchase Details
Closed on
May 2, 2006
Sold by
Crv Palm Springs Lp
Bought by
Albanese Michael T and Hoehn Mary M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,700
Interest Rate
1%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilman Gregory C | -- | None Available | |
| Gilman Gregory Collins | $745,000 | Orange Coast Title Company | |
| Albanese Michael T | -- | Orange Coast Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Albanese Michael T | $72,200 | |
| Previous Owner | Albanese Michael T | $577,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2018 02/16/18 | Sold | $745,000 | -0.5% | $329 / Sq Ft |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- |
| 11/18/2017 11/18/17 | For Sale | $749,000 | 0.0% | $331 / Sq Ft |
| 09/09/2013 09/09/13 | Rented | $2,800 | -3.3% | -- |
| 08/10/2013 08/10/13 | Under Contract | -- | -- | -- |
| 05/25/2013 05/25/13 | For Rent | $2,895 | +11.6% | -- |
| 07/25/2012 07/25/12 | Rented | $2,595 | -3.7% | -- |
| 07/24/2012 07/24/12 | Under Contract | -- | -- | -- |
| 05/27/2012 05/27/12 | For Rent | $2,695 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,333 | $818,421 | $203,689 | $614,732 |
| 2022 | $10,538 | $802,375 | $199,696 | $602,679 |
| 2021 | $10,323 | $786,643 | $195,781 | $590,862 |
| 2020 | $9,856 | $778,578 | $193,774 | $584,804 |
| 2019 | $9,684 | $763,313 | $189,975 | $573,338 |
| 2018 | $9,547 | $745,000 | $175,000 | $570,000 |
| 2017 | $8,437 | $653,000 | $156,000 | $497,000 |
| 2016 | $7,766 | $606,000 | $145,000 | $461,000 |
| 2015 | $7,571 | $606,000 | $145,000 | $461,000 |
| 2014 | $7,633 | $606,000 | $145,000 | $461,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Albanese
-
F
Buyer's Agent in 2018
Fred Straeter
Bennion Deville Homes
-
Paul Harris
Seller's Agent in 2013
Paul Harris
California Lifestyle Realty
(760) 835-8731
59 Total Sales
-
C
Buyer's Agent in 2013
Carol Appel
Map
Similar Homes in Palm Springs, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF17260712
APN: 510-360-046
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