$1,250,000
SOLD AUG 20, 2015
6 Beds
5 Baths
3,340 Sq Ft
0.46 Acres

Recently Sold

$374 Per Sq Ft

26% Below List Price

180 Days on Market

About This Home

As of February 2019

CALLING ALL INVESTORS! Major Price Reduction from the original listed price! Your opportunity to be part of OLD LAS PALMAS, the most exclusive neighborhood in Palm Springs. Feel the VIBE!! And it's in close proximity to the Village, with many new boutiques, restaurants, and galleries. This estate property was rebuilt in the 90's & offers the perfect ingredients for 'fun in the sun': pool, spa, pickleball court, southern exposure, wireless western mountain views, wrap around covered patios & complete privacy!! The remodel includes high tongue and groove ceilings in the living room, with fireplace, hardwood floors, double paned Pella door windows; 2 HVAC systems and a copper roof (built with the remaining materials from the Bob Hope home on Southridge). The home is currently 6 bedrooms (with the 6th bedrm currently used as an office/library), 4.5 baths and would be a GREAT VACATION RENTAL or IDEAL 2nd HOME!

Last Agent to Sell the Property

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T Listed on: 01/19/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T Listed on: 01/19/2015

Berkshire Hathaway HomeServices California Properties

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jan 23, 2019
Sold by
Reisinger Al and Reisinger Laurel Lillian
Bought by
Carrara Eugene and Bellew Patrick
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Total Days on Market
180
Current Estimated Value
$2,929,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,079,236
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2015
Closed on
Aug 5, 2015
Sold by
Dreyfuss Evelyn H
Bought by
Reisinger Al and Reisinger Laurel Lillian
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$1,700,000
Sold Price
$1,250,000
Premium/Discount to List
-$450,000
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $1,850,000 First American Title Company
Grant Deed $1,250,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,289,000 New Conventional
Closed $1,350,000 New Conventional
Previous Owner $800,000 Stand Alone Second
Previous Owner $322,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $1,850,000 -7.3% $522 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
10/11/2018 10/11/18 For Sale $1,995,000 +59.6% $563 / Sq Ft
08/20/2015 08/20/15 Sold $1,250,000 -10.7% $374 / Sq Ft
07/18/2015 07/18/15 Pending -- -- --
06/05/2015 06/05/15 Price Changed $1,399,000 -6.7% $419 / Sq Ft
03/20/2015 03/20/15 Price Changed $1,500,000 -11.8% $449 / Sq Ft
01/19/2015 01/19/15 For Sale $1,700,000 -- $509 / 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 $22,790 $1,822,740 $150,107 $1,672,633
2022 $23,254 $1,787,001 $147,164 $1,639,837
2021 $22,774 $1,751,963 $144,279 $1,607,684
2020 $21,731 $1,734,000 $142,800 $1,591,200
2019 $16,785 $1,326,510 $530,604 $795,906
2018 $16,775 $1,300,500 $520,200 $780,300
2017 $16,223 $1,275,000 $510,000 $765,000
2016 $15,941 $1,250,000 $500,000 $750,000
2015 $6,570 $523,290 $56,517 $466,773
2014 $6,495 $513,042 $55,411 $457,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-819913PS

APN: 505-211-004