NOT LISTED FOR SALE

2433 Southridge Dr Palm Springs, CA 92264

Estimated Value: $4,818,271 - $7,478,000

5 Beds
7 Baths
6,657 Sq Ft
$914/Sq Ft Est. Value

Last Sold January 08, 2013

Last sale price $2,475,000 $372 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $36,502/month

15 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Formal Dining Room
  • Palm Springs High School Rated A-
  • Gated Community
  • Breakfast Bar

About This Home

As of January 2013

Absoluetly Gorgeous views of the Palm Springs Valley and area! Said to be the former William Holden Estate nestled high above Palm Springs in the private and prestigious guard gated community of Southridge. Fantastic architectural detail including soaring ceilings, floor to ceiling windows, oversized formal spaces as well as a lavish Master suite with dual-sided fireplace and extraordinary walk-in closet/dressing room. The vast decking and verandas provide for the most exhilerating views of Palm Springs and beyond. Situated on approximately 3.7 acres of real estate and surrounded by other significant architectural gems such as the Cody house, the Elrod and Hope homes amoung others, this residence exemplifies Palm Springs lifestyle.

Last Agent to Sell the Property

Steve Enlow

Keller Williams Realty License #01368794 Listed on: 10/30/2012

Last Buyer's Agent

John Nelson

Coldwell Banker Realty License #01116367

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,363

Year Built

  • Built in 1977

Lot Details

  • 3.71

HOA Fees

  • $574 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Golf Course
  • Canyon

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 6,657 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Breakfast Bar
  • Laundry Room
  • Basement

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Additional Features

  • 3.71 Acre Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 510260029

Community Details

Overview

  • Southridge Subdivision

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,363

Year Built

Built in 1977

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Southridge
  • Entry Location: Main Level
  • List Price per Sq Ft: 337.99
  • Lp Sp Ratio: 1.1000
  • View Type: City Lights, Panoramic, Golf Course, Canyon
  • Year Built: 1977
  • Listing I D: 21464586
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Member Fax: (760) 778-8003
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Southridge
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Primary Bedroom
  • Interior Amenities: Basement
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Primary Suite
  • Total Bedrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Formal Dining Room
  • Laundry: Laundry Area
  • Estimated Sq Ft: 6657.00

Exterior Features

  • Other Features: Slab
  • Roofing: Foam
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • View: Yes

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: Septic Tank
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Semi-Annually
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 3445.00
  • Total Monthly Association Fees: 574.17
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 510260029
  • Lot Acres: 3.7100
  • Lot Size: 161608.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2012
Closed on
Dec 17, 2012
Sold by
Us Bank National Association
Bought by
Freiman Alan Neil
Seller's Agent
Steve Enlow
Keller Williams Realty
Buyer's Agent
John Nelson
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,475,000
Premium/Discount to List
$225,000
10%
Current Estimated Value
$6,084,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,609,757
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Janney Allison B and Rapp Gregory T
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 22, 2010
Sold by
Rapp Gregory T
Bought by
Janney Allison B

Purchase Details

Closed on
Mar 7, 2006
Sold by
Schwartz Ilene P
Bought by
Rapp Gregory T and Janney Allison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Freiman Alan Neil $2,475,000 None Available
U S Bank National Association $2,300,000 Landsafe Title
Janney Allison B -- Fidelity National Title Comp
Rapp Gregory T $3,950,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rapp Gregg T $750,000
Previous Owner Schwartz Ilene P $197,500
Previous Owner Rapp Gregory T $2,765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2013 01/08/13 Sold $2,475,000 +10.0% $372 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $2,250,000 -- $338 / 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 $36,363 $3,047,771 $1,066,718 $1,981,053
2023 $36,363 $2,929,424 $1,025,297 $1,904,127
2022 $37,117 $2,871,986 $1,005,194 $1,866,792
2021 $36,346 $2,815,674 $985,485 $1,830,189
2020 $34,664 $2,786,804 $975,381 $1,811,423
2019 $34,050 $2,732,161 $956,256 $1,775,905
2018 $33,397 $2,678,590 $937,506 $1,741,084
2017 $32,897 $2,626,070 $919,124 $1,706,946
2016 $31,907 $2,574,579 $901,102 $1,673,477
2015 $30,721 $2,535,908 $887,567 $1,648,341
2014 $30,473 $2,486,235 $870,182 $1,616,053
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Enlow

    Keller Williams Realty

  • J

    Buyer's Agent in 2013

    John Nelson

    Coldwell Banker Realty

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21464586

California Desert Association of REALTORS®

APN: 510-260-029

California Riverside County Palm Springs 92264

2433 Southridge Dr, Palm Springs, CA

This home is located at 2433 Southridge Dr, Palm Springs, CA 92264 since 30 October 2012 and is currently estimated at $6,084,757, approximately $914 per square foot. This property was built in 1977. 2433 Southridge Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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