2055 S Joshua Tree Place Palm Springs, CA 92264
Twin Palms Neighborhood
3
Beds
3
Baths
3,350
Sq Ft
10,019
Sq Ft Lot
About This Home
As of October 2023Originally built in 1969, this Hollywood Regency "ONE OF A KIND" Time Capsule captures your heart, mind and soul upon entering this Twin Palms Estate of a different era. Meticulously maintained and restored , there is NO detail left undone. This home's grand entry and den space , for example, include vintage velvet flocked wallpaper, and colorful shag carpets, while the master bedroom and bath are bathed in exotic hues of pink, reminiscent of Elvis himself. Recent upgrades to the homes amenities and visage tastefully contrast the otherwise Time Capsule-Like appearance , such as exotic Hand Painted Moroccan tile flooring in the kitchen, Ceasar-stone countertops that compliment the cool toned cabinets and newer gourmet vintage appearing high end kitchen appliances . The property's exterior exhibits the best of the midcentury modern design period featuring vibrant white rock , lush flowerbeds, recently renovated pool & spa. And over $100K of furnishings included.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #0834276 Listed on: 02/15/2019
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
133
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,800,000 | Lawyers Title | |
| Grant Deed | $1,150,000 | Lawyers Title | |
| Grant Deed | $800,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $310,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,619,820 | New Conventional | |
| Previous Owner | $600,000 | Purchase Money Mortgage | |
| Previous Owner | $123,000 | Unknown | |
| Previous Owner | $170,000 | Seller Take Back |
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: Palm Springs Regional Association of Realtors
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: Palm Springs Regional Association of Realtors
MLS Number: 19-434916PS
APN: 511-131-002
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