NOT LISTED FOR SALE

Estimated Value: $2,046,000 - $2,269,185

3 Beds
3 Baths
2,953 Sq Ft
$727/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $1,400,000 $474 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $14,030/month

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • Two Primary Bathrooms
  • Wood Flooring

About This Home

As of August 2020

1959 Post and Beam Mid Century in Araby Cove. Nestled up at the top of Araby Cove the extraordinary 360* views will take your breath away from this gated hillside perched home. Front entry gate exposes the senses to an entertainers dream with large 37' salt pool, separate spa, large fire feature and multiple vignettes for dining and lounging. Inside the tall front entry doors is the monumental living area with large format windows that carry the views inside with tongue and groove and beamed ceilings. Over sized master suite with sitting area and private office also has direct access to a more intimate patio area and large master bath with double sinks, water closet with bidet, soaking tub and large shower. Walk in closet also leads to laundry area. Two other guest suites are centered by what was used as a library with great natural light from the skylights above. Covered 3 car parking, electric security shutters and gated drive also a separate wine cellar and garden.

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 07/13/2020

Bennion Deville Homes

Last Buyer's Agent

Kristin Rain

BD Homes-The Paul Kaplan Group License #01789500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,148

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105x103
  • West Facing Home
  • Gated Home
  • Sprinkler System

Property Views

  • City Lights
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,953 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 9 Open Parking Spaces
  • 3 Parking Spaces
  • Attached Carport

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 510-243-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,148

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 5970
  • Entry Location: Ground Level - no steps
  • Living Area: 2953
  • Lot Acreage: 0.3000
  • Lot Dimensions: 105x103
  • Stories: 1
  • Year Built: 1959
  • Builders Tract Name: Araby
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Stone
  • Appliances: Microwave, Cooktop - Gas, Range Hood, Double Oven, Warmer Oven Drawer
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 472.40

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Slab
  • Pool Description: Heated And Filtered, In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: City Lights, Mountains, Pool
  • View: Yes

Garage/Parking

  • Other Spaces: 9
  • Covered Parking: 3
  • Parking Garage: Carport Attached
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Fireplace
  • Security: Gated
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 510-243-018
  • Lot Size Area: 13068

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Linsmayer Dominik and Luce Caroline
Bought by
Jon David Petras Revocable Trust and Petras
Current Estimated Value
$2,145,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,983,900
Outstanding Balance
$1,952,637
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$193,159

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jul 24, 2020
Sold by
Henry Timothy G and Henry Linda P
Bought by
Linsmayer Dominik and Luce Caroline
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Kristin Rain
BD Homes-The Paul Kaplan Group
List Price
$1,395,000
Sold Price
$1,400,000
Premium/Discount to List
$5,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$1,050,000
Interest Rate
2.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2015
Closed on
Jan 12, 2016
Sold by
Dykhouse Elaine K
Bought by
Henry Timothy G and Henry Linda P
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Unknown Member
List Price
$879,000
Sold Price
$842,000
Premium/Discount to List
-$37,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Dykhouse Lawrence E
Bought by
Dykhouse Lawrence E and Dykhouse Clarice E

Purchase Details

Closed on
Feb 17, 1998
Sold by
Dykhouse Clarice E
Bought by
Dykhouse Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1998
Sold by
Chadwick Kania Sharon
Bought by
Dykhouse Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1995
Sold by
Kania Gerald
Bought by
Kania Sharon Chadwick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
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
Jon David Petras Revocable Trust $2,375,000 Wfg National Title
Linsmayer Dominik $1,400,000 Orange Coast Title Company
Henry Timothy G $842,000 Equity Title Orange
Dykhouse Lawrence E -- --
Dykhouse Lawrence E -- First American Title Ins Co
Dykhouse Lawrence E $346,000 First American Title Ins Co
Kania Sharon Chadwick -- First American Title Ins Co
Kania Sharon Chadwick -- Stewart Title Co
White Sandra -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jon David Petras Revocable Trust $1,983,900
Previous Owner Linsmayer Dominik $1,050,000
Previous Owner Henry Timothy $154,000
Previous Owner Dykhouse Lawrence E $327,500
Previous Owner Dykhouse Lawrence E $358,000
Previous Owner Dykhouse Lawrence E $429,150
Previous Owner Dykhouse Lawrence E $184,000
Previous Owner Dykhouse Lawrence E $276,800
Previous Owner White Sandra $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $1,400,000 +0.4% $474 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,395,000 +65.7% $472 / Sq Ft
02/01/2016 02/01/16 Sold $842,000 -4.2% $285 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $879,000 -- $298 / Sq Ft
Source: The MLS

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 $29,148 $2,422,500 $847,875 $1,574,625
2023 $29,148 $1,456,560 $509,796 $946,764
2022 $18,708 $1,428,000 $499,800 $928,200
2021 $18,325 $1,400,000 $490,000 $910,000
2020 $11,508 $911,406 $273,421 $637,985
2019 $11,306 $893,536 $268,060 $625,476
2018 $11,092 $876,016 $262,805 $613,211
2017 $10,926 $858,840 $257,652 $601,188
2016 $6,193 $478,915 $134,873 $344,042
2015 $5,861 $471,724 $132,849 $338,875
2014 $5,790 $462,486 $130,248 $332,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-603226

The MLS

APN: 510-243-018