NOT LISTED FOR SALE

Estimated Value: $1,799,000 - $1,990,000

3 Beds
3 Baths
2,529 Sq Ft
$754/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $1,842,500 $729 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,329/month

17 Days on Market

Highlights

  • Heated In Ground Pool
  • Casita
  • 2 Car Detached Garage
  • Palm Springs High School Rated A-
  • City Lights View
  • Security System Owned

About This Home

As of July 2023

A REFINED CLASSIC 1955 ATOMIC RANCH! 275 Ridge Rd was home to Palm Springs celebrity photographer, Paul Pospesil from 1955 to 1999. This mid-century stunner is located in the highly coveted & historic Mesa neighborhood of south Palm Springs. Known as the Hollywood Hills of Palm Springs the Mesa has been home to celebrities past and present. Tucked away in the foothills of the San Jacinto Mts this hillside enclave enjoys shelter from the rushing wind and the blazing summer sun. The redesign of this mid-mod includes notable butterfly roofline to enhance & enlarge the stylish home. The timeless open plan design includes vaulted ceilings & lots of glass bringing the outdoors in and flooding the space with tons of natural light. A handsome stacked stone fireplace anchors this space. The adjacent open kitchen is sleek & contemporary in design with granite surfaces & stainless appliances including wine fridge & warming drawer. Fantastic outdoor entertaining space includes pool with waterfall feature & a complete outdoor kitchen! Third BR/BA is separate entrance casita! All new landscape with native plants & a hilltop dining gazebo with amazing up-close mountain views. The location of this home is stellar offering elevated views of the rugged beauty only found in the Mesa. The hidden secret under all this beauty is a vintage bomb shelter that once housed the photographers dark room. The space is enormous and possible uses are limited only by your imagination!

Last Agent to Sell the Property

Dan Valentino

Valentino & Valentino R E License #00697107 Listed on: 06/04/2023

Co-Listed By

Debi Valentino

Valentino & Valentino R E License #01209041

Last Buyer's Agent

Scott Timberlake

Realty Trust License #01257645

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,672

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,529 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Security System Owned

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

  • Casita

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • The Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 513352011

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,672

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: Furnishings are negotiable outside of escrow.
  • List Price per Sq Ft: 749.31
  • Lp Sp Ratio: 0.9700
  • View Type: City Lights, Mountain(s)
  • Year Built: 1955
  • Co Listing Member Address: 382 E. El Portal, Palm Springs, CA 92264
  • Co Listing Office Address: 382 E. El Portal, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 318-7585
  • Listing I D: 219095877
  • Listing Member Address: 382 E. El Portal, Palm Springs, CA 92264
  • Listing Member Fax: (760) 318-7585
  • Listing Office Address: 382 E. El Portal, Palm Springs, CA 92264
  • Listing Office Fax: (760) 318-7585
  • Selling Office Address: 600 E. Tahquitz Canyon Way, #2, Palm Springs, CA 92262
  • Selling Office Fax: (760) 406-6072
  • Land Type: Fee
  • Subdivision: The Mesa
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas & Wood
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 2529.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated, Waterfall, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 513352011
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Aug 8, 2023
Sold by
Sdnelson Properties Llc
Bought by
Scott Paul Timberlake Revocable Living Trust and Timberlake
Seller's Agent
Dan Valentino
Valentino & Valentino R E
Buyer's Agent
Scott Timberlake
Realty Trust
List Price
$1,895,000
Sold Price
$1,842,500
Premium/Discount to List
-$52,500
-2.77%
Current Estimated Value
$1,906,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,467
Avg. Annual Appreciation
1.68%
Original Mortgage
$1,400,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2023
Closed on
Jun 26, 2023
Sold by
Tim And Tiffany Hodges Revocable Trust and Hodges Timothy William
Bought by
Sdnelson Properties Llc
Seller's Agent
Dan Valentino
Valentino & Valentino R E
Buyer's Agent
Scott Timberlake
Realty Trust
List Price
$1,895,000
Sold Price
$1,842,500
Premium/Discount to List
-$52,500
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2016
Closed on
Nov 18, 2016
Sold by
Mullennex James Lee
Bought by
Hodges Timothy William and Hodges Thanhhai Tran
Seller's Agent
Debi Valentino
Valentino & Valentino R E
Buyer's Agent
Gregory Gerber
Lux Int Real Estate
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Mullennex James Lee
Bought by
Mullennex James Lee and Mullennex Revocable Trust

Purchase Details

Closed on
Apr 27, 2004
Sold by
Bailey Richard M
Bought by
Mullennex James Lee and Braquet Sidney J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bailey Richard M and Bassett Thomas M
Bought by
Bailey Richard M and The Richard M Bailey Revocable Trust #1

Purchase Details

Closed on
Jun 29, 1999
Sold by
Pospesil Paul and Pospesil Joline
Bought by
Bailey Richard M and Bassett Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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
Scott Paul Timberlake Revocable Living Trust $1,400,000 Chicago Title
Sdnelson Properties Llc $1,842,500 Chicago Title
Hodges Timothy William $960,000 Chicago Title Company
Mullennex James Lee -- None Available
Braquet Sidney Joseph -- None Available
Mullennex James Lee $550,000 First American Title Co
Bailey Richard M -- --
Bailey Richard M $165,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revocabl Scott Paul Timberlake $500,000
Previous Owner Sdnelson Properties Llc $1,400,000
Previous Owner Mullennex James Lee $330,000
Previous Owner Mullennex James Lee $220,000
Previous Owner Mullennex James Lee $440,000
Previous Owner Bailey Richard M $19,000
Previous Owner Bailey Richard M $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $1,842,500 -2.8% $729 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $1,895,000 +97.4% $749 / Sq Ft
12/08/2016 12/08/16 Sold $960,000 +6.8% $380 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
10/30/2016 10/30/16 For Sale $899,000 -- $355 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $22,672 $1,427,999 $499,801 $928,198
2023 $22,672 $1,070,895 $374,813 $696,082
2022 $13,826 $1,049,898 $367,464 $682,434
2021 $13,544 $1,029,312 $360,259 $669,053
2020 $12,929 $1,018,758 $356,565 $662,193
2019 $12,704 $998,783 $349,574 $649,209
2018 $12,465 $979,200 $342,720 $636,480
2017 $12,280 $960,000 $336,000 $624,000
2016 $8,708 $682,000 $185,000 $497,000
2015 $8,492 $682,000 $185,000 $497,000
2014 $7,340 $582,000 $158,000 $424,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219095877

Greater Palm Springs Multiple Listing Service

APN: 513-352-011