NOT LISTED FOR SALE

Estimated Value: $4,322,383 - $4,933,000

4 Beds
5 Baths
4,000 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $1,725,000 $431 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $28,228/month

94 Days on Market

About This Home

As of June 2015

In Historic Old Las Palmas this private, secure estate underwent a complete studs-down renovation in 2012. This now sleek, modern, contemporary home has European & Italian influences, clean lines & minimalistic design. Completely walled in, the double-door entry to the compound opens to beautifully landscaped grounds with new LED lighting, pool & spectacular mountain vistas. The expansive home features approx. 4000 sq. ft. of living space, 24" white porcelain tile floors and calacatta marble tile bathrooms. The 850 sq. ft. en-suite master bedroom has freestanding dual vanities, oversized glass-walled shower, private patio & custom closets. Designed with simplicity & practicality in mind, the kitchen can be concealed away behind sliding doors to provide a feeling of elegance & exclusivity, with minimal clean lines. The new pool features a custom-designed, built-in, swim-out spa. Stunning, unobstructed mountain views are visible from all parts of the home.

Last Agent to Sell the Property

Marc Lange

Equity Union License #01407481 Listed on: 02/17/2015

Equity Union

Co-Listed By

Carl Blea

AC Eagle Corporation License #01877329

Last Buyer's Agent

Marc Lange

Equity Union License #01407481 Listed on: 02/17/2015

Equity Union

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,904

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Cross Street: BETWEEN CAMINO DEL CORTO AND N. CAMINO CENTRO
  • Entry Location: Ground Level - no steps
  • Active Date: 2015-02-17
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Building Size: 4000.0
  • Building Structure Style: Modern
  • Doors: Double Door Entry, Sliding Glass Door(s)
  • Driving Directions: From N. Palm Canyon Dr., go West on Vereda Sur. Home is located on the south side of the street.
  • Full Street Address: 267 W VEREDA SUR
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2018-05-04
  • Property Condition: New Construction, Updated/Remodeled
  • Spa Construction: Gunite, In Ground
  • Spa Descriptions: Heated, Private Spa
  • View Type: Hills View, Mountain View, Pool View
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Bathroom Features: Powder Room, Double Vanity(s), Remodeled, Shower and Tub, Shower Stall, Under Vanity Lighting
  • Bedroom Features: All Bedrooms Down, Dressing Area, Ground Floor Master Bedroom, Main Floor Master Bedroom, WalkInCloset
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Appliances: Built-Ins, Microwave, Range, Convection Oven, Double Oven, Self Cleaning Oven
  • Advertising Remarks: In Historic Old Las Palmas this private, secure estate underwent a complete studs-down renovation in 2012. This now sleek, modern, contemporary home has European & Italian influences, clean lines & minimalistic design. Completely walled in, the double-do
  • Total Bedrooms: 4
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: Ground Level, One Level
  • Spa: Yes
  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting
  • Fireplace Rooms: Family Room
  • Appliances: Dishwasher, Freezer, Gas Dryer Hookup, Recirculated Exhaust Fan, Refrigerator
  • Floor Material: Carpet, Marble
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island, Remodeled
  • Laundry: Inside, Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 14810
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces North
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: Custom Built, Energy Efficient, High Ceilings (9 Feet+), Slab
  • Patio: Covered Porch, Concrete Slab
  • Fence: Block Wall
  • Windows: Custom Window Covering, Double Pane Windows, Screens
  • Roofing: Spanish Clay Tile
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Garage Door Opener, Driveway - Concrete, Gated
  • Parking Type: Garage - Two Door, Garage Is Attached, Private

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • TV Svcs: Cable TV
  • Water Heater: Gas, Tankless
  • Cooling Type: Air Conditioning, Central A/C, Dual, Zoned A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Automatic Gate, Landscaped, Lawn, Utilities Underground

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2023
Sold by
Filippone Gregory Peter and Filippone Michael Allen
Bought by
Gregory Filippone Living Trust
Current Estimated Value
$4,539,794

Purchase Details

Closed on
Jan 21, 2020
Sold by
Fogge Leonard and Gordon Jean
Bought by
Filippone Gregory Peter and Reynolds Michaelallen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2015
Closed on
Jun 8, 2015
Sold by
Brandt Steven C and Richter Larry L
Bought by
Fogge Leonard and Gordon Jean
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Marc Lange
Equity Union
List Price
$1,850,000
Sold Price
$1,725,000
Premium/Discount to List
-$125,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 16, 2013
Sold by
Brandt Steven C
Bought by
Brandt Steven C and Richter Larry L

Purchase Details

Closed on
Sep 22, 2011
Sold by
U S Bank National Association
Bought by
Brandt Steven C and Steven C Brandt Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Segreto Anthony J and Segreto Linda M
Bought by
U S Bank National Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gregory Filippone Living Trust -- --
Filippone Gregory Peter $3,200,000 Lawyers Title
Fogge Leonard $1,725,000 Stewart Title Of Ca Inc
Brandt Steven C -- None Available
Brandt Steven C $655,000 Stewart Title Riverside
U S Bank National Association $765,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Filippone Gregory Peter $1,550,000
Previous Owner Fogge Leonard $417,000
Previous Owner Brandt Steven C $400,000
Previous Owner Segreto Anthony J $999,999
Previous Owner Segreto Anthony J $570,000
Previous Owner Segreto Anthony J $500,000
Previous Owner Segreto Anthony J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,725,000 -6.8% $431 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $1,850,000 -- $463 / 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 $41,904 $3,499,664 $874,915 $2,624,749
2023 $41,904 $3,363,770 $840,942 $2,522,828
2022 $42,764 $3,297,814 $824,453 $2,473,361
2021 $41,969 $3,233,152 $808,288 $2,424,864
2020 $24,524 $1,951,766 $663,482 $1,288,284
2019 $24,094 $1,913,497 $650,473 $1,263,024
2018 $22,965 $1,822,057 $637,720 $1,184,337
2017 $22,624 $1,786,331 $625,216 $1,161,115
2016 $21,950 $1,751,306 $612,957 $1,138,349
2015 $8,562 $694,784 $470,294 $224,490
2014 -- $681,177 $461,083 $220,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-880119PS

The MLS

APN: 505-222-002