$985,000
SOLD MAY 25, 2018
3 Beds
3 Baths
2,479 Sq Ft
0.47 Acres

Recently Sold

$397 Per Sq Ft

1% Below List Price

29 Days on Market

About This Home

As of June 2019

Hollywood Hills in the desert! Breathtaking views in foothills of the San Jacintos. 1956 Spanish estate on just under 1/2 acre. Citrus, olive, guava, pecan trees add Mediterranean charm. Front courtyard with mountain views and fountain. Backyard has soaring vistas across Coachella Valley. Main house has 3 bedrooms/2.5 Baths. Vintage Spanish tile throughout. Living Room has cozy gas/wood fireplace. Chef's kitchen includes Sub Zero refrigerator, Electro Lux gas range, Bosch D/W, plus wine cooler. Formal dining room opens by Fleetwood pocket doors. Indoor/outdoor living. Second living room under veranda. Two master bedrooms feature en suite bathrooms. Bonus media room. Unique swimming pool featured in magazine and photo shoots. A walled outdoor shower provides convenience and privacy. Attached two-car garage. Additional parking on two driveways. Plus, Spanish-styled artist's studio/casita on the lower level of estate. Currently used as editing suite, it features an audio recording booth.

Last Agent to Sell the Property

Carol Berger

Desert Lifestyle Properties License #01419366 Listed on: 03/13/2018

Desert Lifestyle Properties

Co-Listed By

Michael Larson

Desert Lifestyle Properties License #01416326

Last Buyer's Agent

Rick Distel

Compass License #01933993

Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,906

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Cross Street: OLIVERA
  • Active Date: 2018-03-13
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 2479.0
  • Building Structure Style: Spanish
  • Driving Directions: North on Palm Canyon, past Vista Chino, left on Via Olivera, up the hill to Palermo, turn left, first house on the left. If you miss Via Olivera turn left on Racquet Club, left on Palermo.
  • Full Street Address: 2232 N PALERMO DR
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2018-05-25
  • View Type: City Lights View, Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Bedroom Features: 2 Master Bedrooms
  • Eating Areas: Dining Area
  • Appliances: Range, Gas/Electric Range
  • Advertising Remarks: Hollywood Hills in the desert! Breathtaking views in foothills of the San Jacintos. 1958 Spanish estate on just under 1/2 acre. Citrus, olive, guava, pecan trees add Mediterranean charm. Front courtyard with mountain views and fountain. Backyard has soari
  • Total Bedrooms: 3
  • Builders Tract Code: 4975
  • Builders Tract Name: CHINO CANYON
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: No
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Fireplace Fuel: Wood
  • Floor Material: Pavers
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 20473
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces West
  • Other Structures: GuestHouse
  • Roofing: Clay Tile
  • Water: District/Public

Garage/Parking

  • Other Spaces: 4
  • Garage Spaces: 2.0
  • Parking Type: Garage - Two Door, Garage Is Attached, Parking Space

Utilities

  • Sewer: Septic Tank
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Evaporative
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Schools

  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2019
Closed on
May 15, 2019
Sold by
Arman Vitaletti Jason P and Arman Afagh
Bought by
Bedrick Scott Jay and Bedrick Anne Margaret
Seller's Agent
Rick Distel
Compass
Buyer's Agent
Victor Yepello
List Price
$1,075,000
Sold Price
$1,050,000
Premium/Discount to List
-$25,000
-2.33%
Current Estimated Value
$1,589,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,514
Avg. Annual Appreciation
6.87%
Original Mortgage
$550,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 12, 2018
Sold by
Thompson Lance Dean and Rothmiller David O
Bought by
Vitaletti Jason P and Jason P Vitaletti Lviing Trust
Seller's Agent
Carol Berger
Desert Lifestyle Properties
Buyer's Agent
Rick Distel
Compass
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$788,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Thompson Lance Dean and Rothmiller David O
Bought by
Thompson Lance Dean and Rothmiller David O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2010
Sold by
The Bank Of New York Mellon
Bought by
Thompson Lance Dean and Rothmiller David O

Purchase Details

Closed on
Mar 3, 2010
Sold by
Lockhart Joanne
Bought by
The Bank Of New York Mellon and The Bank Of New Y3rk

Purchase Details

Closed on
Nov 16, 2005
Sold by
Lockart Dennis Aiden
Bought by
Lockart Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,001
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Lockhart Dennis
Bought by
Lockhart Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,001
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2004
Sold by
Lockhart Dennis Aiden
Bought by
Lockhart Joanne C

Purchase Details

Closed on
Sep 1, 2004
Sold by
Richardson Rita
Bought by
Lockhart Joanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 30, 2004
Sold by
Nichols Gene M and Nichols Vicki L
Bought by
Richardson Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 11, 1996
Sold by
Dischner Cena
Bought by
Richardson Rita

Purchase Details

Closed on
Sep 25, 1993
Sold by
Mccoy Timothy J
Bought by
Winowski Cena Dischner and Winowski Mark Steven
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 Type Sale Price Title Company
Grant Deed $1,050,000 First American Title Company
Grant Deed $985,000 First American Title Ins Co
Interfamily Deed Transfer -- Act Title
Grant Deed $395,000 Landsafe Title Of Ca Inc
Trustee Deed $346,500 Landsafe Title
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $755,000 Chicago Title Co
Grant Deed -- --
Individual Deed $180,000 First American Title Ins Co
Quit Claim Deed $2,500 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $788,000 New Conventional
Previous Owner $190,000 New Conventional
Previous Owner $123,000 New Conventional
Previous Owner $285,000 Credit Line Revolving
Previous Owner $800,001 New Conventional
Previous Owner $604,000 Stand Alone First
Closed $151,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $1,050,000 -2.3% $409 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/20/2019 04/20/19 For Sale $1,075,000 +9.1% $419 / Sq Ft
05/25/2018 05/25/18 Sold $985,000 -1.0% $397 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $995,000 -- $401 / 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
2025 $13,906 $1,171,288 $184,057 $987,231
2023 $13,906 $1,125,808 $176,911 $948,897
2022 $14,190 $1,103,735 $173,443 $930,292
2021 $13,894 $1,082,094 $170,043 $912,051
2020 $13,251 $1,071,000 $168,300 $902,700
2019 $12,461 $998,580 $249,900 $748,680
2018 $5,450 $442,428 $110,604 $331,824
2017 $5,365 $433,754 $108,436 $325,318
2016 $5,202 $425,250 $106,310 $318,940
2015 $5,005 $418,864 $104,714 $314,150
2014 $4,963 $410,662 $102,664 $307,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-322218PS

APN: 504-191-002