2055 S Joshua Tree Place Palm Springs, CA 92264
Twin Palms NeighborhoodEstimated Value: $1,733,000 - $2,261,000
3
Beds
3
Baths
3,350
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Solar Power System
- Auto Driveway Gate
- Palm Springs High School Rated A-
- Gourmet Galley Kitchen
- Two Primary Bedrooms
About This Home
As of October 2023This iconic mid-century time capsule has been meticulously preserved and updated in all the right places. The entertainers dream! Updates to this 3 bed 3 bath home include owned solar system, complete kitchen renovation, new double pane Fleetwood sliders and windows throughout, 2 A/C systems, reupholstered dining chairs, drapes, updated pool and spa, renovated garage and much more. This home has been published many times over by large fashion brands, jewelry companies, major celebrity musical acts, lifestyle, film and television projects. Not only does this have an outstanding background for production income but for vacation rental as well. The renovated kitchen comes complete with new cabinetry, quartz counter tops, Moroccan tile floors, dual dishwashers and gourmet range. The large pink primary suite's new sliders open directly to the pool and includes 2 large walk-in closets just steps away from the poured terrazzo tub in the center of the primary bath. On the opposite side of the house you will find the private blue guest quarters with sliders that open to the pool complete with ensuite. Enjoy casual lounging in the den on the white shag carpet in front of the fireplace listening to the juke box while guests sip drinks at the bar, or step it up a notch to the formal green rotunda living room complete with floor to ceiling glass, breathtaking chandeliers and furnishings built for the room. Custom built original furnishings throughout. The newly installed electronic driveway gate, walk up gate and mature hedge allow for ultimate privacy and security. All of this nestled in the well known south Palm Springs neighborhood of Twin Palms. Proof of Funds strictly required to view.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,156
Year Built
- Built in 1969
Lot Details
- 10,019 Sq Ft Lot
- East Facing Home
- Gated Home
- Block Wall Fence
- Drip System Landscaping
- Sprinklers on Timer
- Lawn
- Property is zoned R1C
Parking
- 2 Car Attached Garage
- 6 Carport Spaces
- Side by Side Parking
- Garage Door Opener
- Auto Driveway Gate
- Guest Parking
- RV Potential
Home Design
- Midcentury Modern Architecture
- Slab Foundation
- Foam Roof
- Stucco
Interior Spaces
- 3,350 Sq Ft Home
- 1-Story Property
- Furnished
- Bar
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Drapes & Rods
- Formal Dining Room
- Den with Fireplace
- Mountain Views
Kitchen
- Gourmet Galley Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Stone Countertops
Flooring
- Carpet
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- Two Primary Bathrooms
- 3 Full Bathrooms
- Double Vanity
- Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
- Gunite Pool
- Waterfall Pool Feature
- Pool Tile
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Property is located within a water district
Additional Features
- Solar Power System
- Covered patio or porch
- Ground Level Unit
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 511-131-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2023
Closed on
Sep 27, 2023
Sold by
Burris Chad and Burris Julie
Bought by
Keshavarzi Family Trust and Keshavarzi
Seller's Agent
Klint Watkins
Equity Union
Buyer's Agent
Goli Vahdani
Equity Union
List Price
$2,099,000
Sold Price
$1,800,000
Premium/Discount to List
-$299,000
-14.24%
Total Days on Market
111
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,407
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,619,820
Outstanding Balance
$1,589,527
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$368,880
Purchase Details
Listed on
Feb 15, 2019
Closed on
Jul 24, 2019
Sold by
Latham Jessica and Brooks Ryan
Bought by
Burris Chad and Burris Julie
Seller's Agent
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Klint Watkins
Equity Union
List Price
$1,737,000
Sold Price
$1,150,000
Premium/Discount to List
-$587,000
-33.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Purchase Details
Listed on
Feb 4, 2016
Closed on
Jul 27, 2017
Sold by
Lucarelli Dana G and Score Fine M
Bought by
Latham Jessica
Seller's Agent
Chip Romero
HomeSmart Professionals
Buyer's Agent
Chip Romero
HomeSmart Professionals
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.79%
Original Mortgage
$600,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 4, 2006
Sold by
Hite Martha M
Bought by
Hite Martha M
Purchase Details
Closed on
Apr 30, 2005
Sold by
Hite Martha M
Bought by
Hite Martha M
Purchase Details
Closed on
Mar 29, 1995
Sold by
Hite Martha M and Haley Martha Chiordi
Bought by
Hite Ben J and Hite Martha M
Purchase Details
Closed on
Oct 7, 1993
Sold by
Seidner Murrey
Bought by
Hite Ben J and Hite Martha M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Similar Homes in Palm Springs, CA
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 |
|---|---|---|---|
| Keshavarzi Family Trust | $1,800,000 | Lawyers Title | |
| Burris Chad | $1,150,000 | Lawyers Title | |
| Latham Jessica | $800,000 | Lawyers Title | |
| Hite Martha M | -- | None Available | |
| Hite Martha M | -- | None Available | |
| Hite Martha M | -- | -- | |
| Hite Ben J | -- | -- | |
| Hite Ben J | -- | -- | |
| Hite Ben J | $310,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keshavarzi Family Trust | $1,619,820 | |
| Previous Owner | Latham Jessica | $600,000 | |
| Previous Owner | Hite Ben J | $123,000 | |
| Previous Owner | Hite Ben J | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $1,800,000 | 0.0% | $537 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 08/02/2023 08/02/23 | Off Market | $1,800,000 | -- | -- |
| 07/05/2023 07/05/23 | Price Changed | $1,999,000 | -4.8% | $597 / Sq Ft |
| 05/02/2023 05/02/23 | For Sale | $2,099,000 | +82.5% | $627 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $1,150,000 | -14.8% | $343 / Sq Ft |
| 06/28/2019 06/28/19 | Pending | -- | -- | -- |
| 06/25/2019 06/25/19 | Price Changed | $1,349,000 | -8.5% | $403 / Sq Ft |
| 05/31/2019 05/31/19 | Price Changed | $1,475,000 | -7.8% | $440 / Sq Ft |
| 04/04/2019 04/04/19 | Price Changed | $1,599,000 | -7.9% | $477 / Sq Ft |
| 02/15/2019 02/15/19 | For Sale | $1,737,000 | +108.3% | $519 / Sq Ft |
| 09/06/2017 09/06/17 | Price Changed | $833,777 | +4.2% | $249 / Sq Ft |
| 08/07/2017 08/07/17 | Sold | $800,000 | -4.1% | $239 / Sq Ft |
| 05/11/2017 05/11/17 | Pending | -- | -- | -- |
| 03/04/2017 03/04/17 | Price Changed | $833,777 | -0.1% | $249 / Sq Ft |
| 07/15/2016 07/15/16 | Price Changed | $835,000 | -1.8% | $249 / Sq Ft |
| 02/04/2016 02/04/16 | For Sale | $850,000 | -- | $254 / Sq Ft |
Source: The MLS
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 | $22,156 | $1,208,852 | $126,140 | $1,082,712 |
| 2022 | $15,572 | $1,185,150 | $123,667 | $1,061,483 |
| 2021 | $15,254 | $1,161,913 | $121,243 | $1,040,670 |
| 2020 | $14,560 | $1,150,000 | $120,000 | $1,030,000 |
| 2019 | $10,341 | $816,000 | $244,800 | $571,200 |
| 2018 | $10,145 | $800,000 | $240,000 | $560,000 |
| 2017 | $2,650 | $190,687 | $44,649 | $146,038 |
| 2016 | $2,577 | $186,949 | $43,774 | $143,175 |
| 2015 | $2,380 | $184,138 | $43,114 | $141,024 |
| 2014 | $2,337 | $180,532 | $42,270 | $138,262 |
Source: Public Records
Agents Affiliated with this Home
-
Klint Watkins
Seller's Agent in 2023
Klint Watkins
Equity Union
(760) 567-7017
1 in this area
39 Total Sales
-
Goli Vahdani
G
Buyer's Agent in 2023
Goli Vahdani
Equity Union
(818) 657-6500
1 in this area
10 Total Sales
-
Kenny Jervis
Seller's Agent in 2019
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
(760) 323-5000
2 in this area
84 Total Sales
-
Seller's Agent in 2017
Chip Romero
HomeSmart Professionals
Map
Source: The MLS
MLS Number: 23-266547
APN: 511-131-002
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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