NOT LISTED FOR SALE

Estimated Value: $901,000 - $1,194,000

3 Beds
2.5 Baths
2,132 Sq Ft
$486/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $522,000 $245 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,092/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Palm Springs High School Rated A-
  • Contemporary Architecture
  • Great Room

About This Home

As of August 2016

Stunning Contemporary Palm Springs home built in 2005. Modern, clean lines inside and out. Very private walled and gated mini estate. Front loaded salt water pool and spa that offer stunning mountain and desert views yet with complete privacy. Enter the home into a large open floor plan. Statement chandelier in the dining area plus living room and great room off the kitchen with many possible uses. Custom floor to ceiling fireplace in the living room. Three bedrooms and 2 1/2 bathrooms. Second and third bedrooms are a good size. Private patios wrap around the entire property. Excellent full time residence, weekend retreat or vacation rental. Close to downtown Palm Springs, fine dining, museum and shopping, all situated on fee simple land. Motivated seller!

Last Agent to Sell the Property

Leslie Briskman

HomeSmart License #01803831 Listed on: 07/22/2016

HomeSmart

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,405

Year Built

  • Built in 2005

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot

Property Views

  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,132 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Jack-and-Jill Bathroom
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Direct Access Garage
  • Driveway

Pool

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

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Property is located within a water district
  • Cable TV Available

Community Details

  • Chino Canyon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504241002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,405

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Chino Canyon
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Main Level
  • Included In Sale: Washer and dryer, refrigerator
  • List Price per Sq Ft: 248.12
  • Lp Sp Ratio: 0.9868
  • View Type: Desert, Mountain(s)
  • Year Built: 2005
  • Listing I D: 216021590
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Chino Canyon
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Blower Fan, Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Primary Retreat, Walk In Closet, Primary Suite
  • Total Bedrooms: 3
  • Bathroom Features: Dual Entry-Jack & Jill, Sunken Tub, Shower & Tub, Powder Room, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2132.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage, In Laundry
  • Cooling Type: Air Conditioning, Dual, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 504241002
  • Irrigation: Drip System
  • Lot Acres: 0.2200
  • Lot Description: Landscaped, Street Paved
  • Lot Size: 9583.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jul 25, 2016
Sold by
Polzin Shirley M
Bought by
Lamb Robert Michael and Lamb Justin Robert
Seller's Agent
Leslie Briskman
HomeSmart
Buyer's Agent
Unknown Member
List Price
$529,000
Sold Price
$522,000
Premium/Discount to List
-$7,000
-1.32%
Current Estimated Value
$1,036,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,632
Avg. Annual Appreciation
7.24%
Original Mortgage
$417,000
Outstanding Balance
$332,869
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$652,912

Purchase Details

Closed on
Aug 4, 2014
Sold by
Polzin Greg
Bought by
The Polzin Family Trust

Purchase Details

Listed on
Sep 29, 2013
Closed on
Nov 13, 2013
Sold by
French David M
Bought by
Polzin Greg
Seller's Agent
Joan Castro
HK Lane Real Estate
Buyer's Agent
Susan Marfleet
Keller Williams Beverly Hills
List Price
$543,000
Sold Price
$519,000
Premium/Discount to List
-$24,000
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$508,750
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2007
Sold by
French David M
Bought by
French David M and David M French Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 9, 2007
Sold by
French David M
Bought by
French David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 25, 2007
Sold by
French David M
Bought by
French David M and David M French Revocable Living Trust

Purchase Details

Closed on
Mar 23, 2006
Sold by
Morris Danny J
Bought by
French David M

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2005
Sold by
Morris Danny J
Bought by
Morris Danny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
Gargotto Charles J and Gargotto Ann M
Bought by
Morris Danny J and The Danny Jay Morris Revocable Living Tr

Purchase Details

Closed on
Nov 10, 2000
Sold by
Gargotto Charles J and Gargotto Ann M
Bought by
Gargotto Charles J and Gargotto Ann M

Purchase Details

Closed on
Jun 29, 1994
Sold by
Soper Estermae
Bought by
Gargotto Charles J and Gargotto Ann M
Source: Public Records

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 Buyer Sale Price Title Company
Lamb Robert Michael $522,000 First American Title Company
The Polzin Family Trust -- None Available
Polzin Greg $519,000 Orange Coast Title Company
French David M -- None Available
French David M -- None Available
French David M -- None Available
French David M $705,000 New Century Title Company
Morris Danny J -- New Century Title Company
Morris Danny J $147,500 New Century Title Company
Gargotto Charles J -- --
Gargotto Charles J $2,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Robert Michael $417,000
Previous Owner Polzin Greg $508,750
Previous Owner French David M $392,000
Previous Owner French David M $111,000
Previous Owner French David M $20,000
Previous Owner French David M $400,000
Previous Owner Morris Danny J $517,500
Previous Owner Morris Danny Jay $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $522,000 -1.3% $245 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $529,000 +1.9% $248 / Sq Ft
12/06/2013 12/06/13 Sold $519,000 0.0% $243 / Sq Ft
11/28/2013 11/28/13 Pending -- -- --
10/23/2013 10/23/13 Price Changed $519,000 -4.4% $243 / Sq Ft
09/29/2013 09/29/13 For Sale $543,000 -- $255 / 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
2025 $7,405 $605,819 $214,705 $391,114
2023 $7,405 $582,297 $206,369 $375,928
2022 $7,549 $570,880 $202,323 $368,557
2021 $7,396 $559,687 $198,356 $361,331
2020 $7,065 $553,949 $196,323 $357,626
2019 $6,942 $543,088 $192,474 $350,614
2018 $6,812 $532,440 $188,700 $343,740
2017 $6,710 $522,000 $185,000 $337,000
2016 $6,831 $537,439 $161,231 $376,208
2015 $6,559 $529,368 $158,810 $370,558
2014 $6,500 $519,000 $155,700 $363,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216021590

California Desert Association of REALTORS®

APN: 504-241-002