NOT LISTED FOR SALE

Estimated Value: $2,988,920 - $3,845,000

5 Beds
4 Baths
3,301 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $2,050,000 $621 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $21,296/month

8 Days on Market

About This Home

As of July 2017

This delightful late 1940s ranch house was the home of the Malcom Clarke's who were part owners of the Las Vegas Sands hotel. In the early 60s the Clarke's retained famed Palm Springs interior designer Arthur Elrod to remodel the house. Elrod created a new front entry using whimsical architectural block, enlarged the kitchen with wonderful St. Charles all steel cabinets and added other special bathroom details and additions. The home now presents an eclectic mix of post war ranch and with charming mid century detailing unique in Palm Springs. The large living room features open beamed ceilings with views towards outdoor patio and pool beyond. The current owners have restored the home by keeping as many of the original 1947 and 1961 details while updating systems and infrastructure. South facing pool with panoramic views, 4 bedrooms plus casita and expansive covered area with brise soleil create a special place to entertain and gather with your friends and family.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 06/16/2017

Compass

Last Buyer's Agent

Mark Gutkowski

Bennion Deville Homes License #01878977

Bennion Deville Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Read Christopher W and Vein Chris A
Bought by
Clodfelter Jason and Jason Clodfelter Living Trust
Total Days on Market
8
Current Estimated Value
$3,363,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 6, 2017
Sold by
Hoskins Brandon and Wilson Stephen
Bought by
Read Christopher W and Vein Chris A
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Mark Gutkowski
Bennion Deville Homes
List Price
$2,150,000
Sold Price
$2,050,000
Premium/Discount to List
-$100,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$750,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 16, 2015
Sold by
Waggoner David B and Payne Ralph
Bought by
Hoskins Brandon and Wilson Stephen
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Ttk Represents
Compass
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.89%
Original Mortgage
$836,500
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2004
Sold by
Maciolek Frank
Bought by
Waggoner David B and Payne Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,750
Interest Rate
5.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 25, 2003
Sold by
Clarke Adeline E and Clarke Malcolm
Bought by
Clarke Adeline E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,727
Interest Rate
5.61%
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
Clodfelter Jason $2,250,000 Orange Coast Title Company
Read Christopher W $2,050,000 Orange Coast Title Company
Hoskins Brandon $1,195,000 Orange Coast Title Company
Waggoner David B $881,000 Old Republic Title Company
Clarke Adeline E -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clodfelter Jason $1,462,500
Closed Clodfelter Jason $1,687,500
Previous Owner Read Christopher W $275,000
Previous Owner Read Christopher W $750,000
Previous Owner Hoskins Brandon $836,500
Previous Owner Waggoner David B $885,000
Previous Owner Waggoner David B $660,750
Previous Owner Clarke Adeline E $313,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $2,050,000 -4.7% $621 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $2,150,000 +79.9% $651 / Sq Ft
10/23/2015 10/23/15 Sold $1,195,000 0.0% $362 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $1,195,000 -- $362 / 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
2023 $29,603 $2,365,149 $147,164 $2,217,985
2022 $30,211 $2,318,775 $144,279 $2,174,496
2021 $29,589 $2,273,309 $141,450 $2,131,859
2020 $26,687 $2,132,820 $746,487 $1,386,333
2019 $26,218 $2,091,000 $731,850 $1,359,150
2018 $25,717 $2,050,000 $717,500 $1,332,500
2017 $15,433 $1,218,900 $426,615 $792,285
2016 $14,974 $1,195,000 $418,250 $776,750
2015 $11,966 $976,000 $438,000 $538,000
2014 $11,186 $903,000 $405,000 $498,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-241810PS

The MLS

APN: 505-211-011