NOT LISTED FOR SALE

2477 Southridge Dr Palm Springs, CA 92264

Estimated Value: $2,804,000 - $3,348,000

4 Beds
5 Baths
3,610 Sq Ft
$876/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $1,800,000 $499 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $19,920/month

152 Days on Market

Highlights

  • Pebble Pool Finish
  • Panoramic View
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Gated Community
  • Hilltop Location

About This Home

As of December 2017

Welcome to the TOP of Southridge, inspired by celebrities and visionaries. Total privacy and jetliner views of the mountains and valley below. Once owned by William Holden, this exceptional 1971 Buff & Hensman FAIA (USC School of Architecture) has signature volume, soaring ceilings, walls of glass and massive wood beams. Position is everything: last house at the end and directly across from the iconic Bob Hope Lautner. Flat grassy lawns, palms and double garages. You are greeted by a coveted vintage bronze door and dramatic twin cascading waterfalls. Massive art is included: Famous Laguna Beach heavy metal sculptor Hal Pastorius (1st President of the Sawdust Arts Festival) was commissioned to add this custom work among the boulders. Much invested in the current renovation and ready for your designer furnishings and art collection. A rare opportunity to join this exclusive community and own a piece of Palm Springs history. Photography by Henry Connell

Last Agent to Sell the Property

Randy Roy

Berkshire Hathaway HomeServices California Properties License #01300106 Listed on: 05/31/2017

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,444

Year Built

  • Built in 1971

Lot Details

  • 0.76 Acre Lot
  • East Facing Home
  • Landscaped
  • Sprinklers on Timer
  • Hilltop Location
  • Private Yard

HOA Fees

  • $689 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Valley
  • Pool

Home Design

  • Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3,610 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Sliding Doors
  • Entryway
  • Great Room
  • Dining Area

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio
  • Water Fountains

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 510260025

Community Details

Overview

  • Association fees include security
  • Southridge Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,444

Year Built

Built in 1971

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: Two
  • Builders Tract Code: Southridge
  • Building Style: Modern
  • List Price per Sq Ft: 552.63
  • Lp Sp Ratio: 0.9023
  • View Type: City Lights, Valley, Pool, Panoramic, Mountain(s), Desert
  • Year Built: 1971
  • Listing I D: 217015734
  • Listing Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Listing Office Fax: (760) 404-0154
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Land Type: Fee
  • Subdivision: Southridge
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Refrigerator, Gas Dryer Hookup, Disposal
  • Interior Amenities: Beamed Ceilings, Two Story Ceilings, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: 2 Primary Bedrooms, Walk In Closet, Primary Suite
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower Stall, Shower & Tub, Remodeled
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 3610.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Fountain
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 689.00
  • Total Monthly Association Fees: 689.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 510260025
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.7600
  • Lot Description: Landscaped, Yard
  • Lot Location: Hilltop
  • Lot Size: 33106.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Dec 18, 2017
Sold by
Norwest Management Llc
Bought by
Sahaidachny Karena D and Goldstein Robert A
Seller's Agent
Randy Roy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Unknown Member
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Current Estimated Value
$3,161,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,361,600
Avg. Annual Appreciation
7.61%
Original Mortgage
$1,260,000
Outstanding Balance
$1,060,604
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,100,996

Purchase Details

Closed on
Dec 29, 2014
Sold by
Jorgensen Jay E
Bought by
Norwest Management Llc

Purchase Details

Closed on
Mar 17, 2010
Sold by
Jorgenson Jay E
Bought by
Capital One Na

Purchase Details

Closed on
Nov 20, 2006
Sold by
Jorgensen Kimberly and Archdale Kimberly Yin Ping
Bought by
Jorgensen Jay and Jorgensen Jay E

Purchase Details

Closed on
Oct 19, 2004
Sold by
Pellegrini Earl M and Pellegrini Helen L
Bought by
Jorgensen Jay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,010
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 1999
Sold by
Pellegrini Earl M and Pellegrini Helen Helen
Bought by
Pellegrini Earl M and Pellegrini Helen L
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
Sahaidachny Karena D $1,800,000 Lawyers Title
Norwest Management Llc $1,069,570 None Available
Capital One Na $110,000 Accommodation
Jorgensen Jay -- Stewart Title Company
Jorgensen Jay E $2,200,000 Commonwealth Title
Pellegrini Earl M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahaidachny Karena D $460,000
Open Sahaidachny Karena D $1,260,000
Closed Sahaidachny Karena D $180,000
Previous Owner Jorgensen Jay E $192,000
Previous Owner Jorgensen Jay E $2,062,000
Previous Owner Jorgensen Jay E $980,010
Previous Owner Pellegrini Earl M $300,000
Closed Jorgensen Jay E $999,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $1,800,000 -9.8% $499 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $1,995,000 0.0% $553 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $1,995,000 -- $553 / 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 $24,444 $2,048,087 $716,829 $1,331,258
2023 $24,444 $1,968,559 $688,995 $1,279,564
2022 $25,288 $1,929,961 $675,486 $1,254,475
2021 $24,738 $1,892,120 $662,242 $1,229,878
2020 $23,526 $1,872,720 $655,452 $1,217,268
2019 $23,324 $1,836,000 $642,600 $1,193,400
2018 $22,450 $1,800,000 $630,000 $1,170,000
2017 $18,991 $1,493,269 $521,919 $971,350
2016 $18,552 $1,463,990 $511,686 $952,304
2015 $17,477 $1,442,000 $328,000 $1,114,000
2014 $18,017 $1,442,000 $328,000 $1,114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217015734

California Desert Association of REALTORS®

APN: 510-260-025