NOT LISTED FOR SALE

Estimated Value: $1,998,000 - $2,931,000

4 Beds
3 Baths
2,913 Sq Ft
$795/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,650,000 $566 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $14,661/month

57 Days on Market

About This Home

As of May 2018

A Rare Opportunity To Have An Amazing View In Palm Springs. Its not often a home in Palm Springs comes on the Market that has this view. Situated on over 3/4 of an acre with room to expand. This Gated Home Is Nestled in The Rocks of The Cahuilla Hills next to the Mesa Just Off South Palm Canyon Drive and Minutes From Downtown Palm Springs. This Home is Private, Spacious and Serene With a very Unique Pool and Spa. Well Maintained through The Years with many updates. This is also being offered fully furnished and has been a very successful high end vacation rental. Buyer to Verify Square Footage

Last Agent to Sell the Property

Marc Sanders

Compass License #01888083 Listed on: 01/16/2018

Compass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2018
Sold by
Frye Ii Raymond L and Socha Aron M
Bought by
Richmond Jon
Current Estimated Value
$2,314,597

Purchase Details

Closed on
Jul 1, 2015
Sold by
Frye Raymond L
Bought by
Frye Ii Raymond L and Socha Aaron M

Purchase Details

Listed on
Jun 9, 2014
Closed on
Oct 29, 2014
Sold by
Urbat Wolfgang and Urbat Ingrid
Bought by
Frye Ii Raymond L
Seller's Agent
Marc Sanders
Compass
Buyer's Agent
Marc Sanders
Compass
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,080,000
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 1997
Sold by
Imperial Credit Industries Inc
Bought by
Urbat Wolfgang and Urbat Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1997
Sold by
Stanley Cowell H and Cowell Trudi V
Bought by
Imperial Credit Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.94%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Richmond Jon $1,561,000 Orange Coast Title Company
Frye Ii Raymond L -- Orange Coast Title Company
Frye Ii Raymond L $1,200,000 Orange Coast Title Company
Urbat Wolfgang $345,000 Chicago Title
Imperial Credit Industries Inc $280,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shine Trust $1,500,000
Closed Shine Trust $750,000
Closed Richmond Jon $1,968,837
Previous Owner Frye Ii Raymond L $1,080,000
Previous Owner Urbat Wolfgang $276,000
Previous Owner Cowell H Stanley $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,650,000 -8.1% $566 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $1,795,000 +49.6% $616 / Sq Ft
12/05/2014 12/05/14 Sold $1,200,000 -4.0% $412 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
08/29/2014 08/29/14 Price Changed $1,250,000 -7.4% $429 / Sq Ft
05/09/2014 05/09/14 For Sale $1,350,000 -- $463 / 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 $21,202 $1,707,177 $597,511 $1,109,666
2022 $21,641 $1,673,704 $585,796 $1,087,908
2021 $21,192 $1,640,887 $574,310 $1,066,577
2020 $20,212 $1,624,063 $568,422 $1,055,641
2019 $19,854 $1,592,220 $557,277 $1,034,943
2018 $15,816 $1,267,517 $443,631 $823,886
2017 $15,579 $1,242,665 $434,933 $807,732
2016 $15,109 $1,218,300 $426,405 $791,895
2015 $14,547 $1,200,000 $420,000 $780,000
2014 -- $449,368 $104,194 $345,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-298602PS

APN: 513-430-014