NOT LISTED FOR SALE

Estimated Value: $1,011,000 - $1,542,000

4 Beds
2.5 Baths
2,040 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $1,475,000 $723 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $8,534/month

123 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Panoramic View
  • Palm Springs High School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of June 2024

If you are looking for a seasonal or short-term vacation rental opportunity in Palm Springs, or simply want a spectacular property to call home, then look no further. This quintessential mid-century home is the vision of iconic Palm Springs architect, Hugh Kaptur. Completed in 1961, this four-bedroom, two-and-a-half bathroom, private compound has been remodeled and reimagined in recent years with sleek and sophisticated designs that featured in the 2018 Palm Springs Modernism Week Home Tour. (An original 1958 drawing of the property also features in the illustrated book, 'The Modern Architecture of Hugh Michael Kaptur', by Steven Keylon.) Being sold fully furnished, this turnkey property is move-in ready. Beautifully curated with both new and vintage mid-century furnishings, porcelain floors and clerestory windows, the estate sits at an advantageous 90-degree angle from the street, with doors, windows, pool and spa all facing westerly towards the mountains, with magnificent views and breathtaking sunsets. Each room is crisp, clean and with modern finishes, the shaded outdoor dining areas and manicured lawn are ideal for entertaining guests. This property is installed with Smart Home capability, allowing you to control the alarm, AC, lights, sprinklers, pool and spa with ease from your Smartphone. Solar panels keep the electric bills minimal and included in sale. Buyer to conduct own due diligence on Palm Springs' short term ordinance.

Last Agent to Sell the Property

Jay Wagman

Berkshire Hathaway HomeServices California Properties License #01913019 Listed on: 01/25/2024

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Christopher Pierson

Keller Williams Luxury Homes License #01921083

Keller Williams Luxury Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,218

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • North Facing Home
  • Privacy Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Bar
  • Recessed Lighting
  • Gas Log Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Construction
  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar owned by seller

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Cable TV Available

Community Details

  • Desert Park Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501363006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,218

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Foyer
  • Included In Sale: Fully Furnished including art work per Inventory List. Refrigerator, Washer and Dryer. Solar, Alarm and Smart System.
  • List Price per Sq Ft: 734.80
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Panoramic, Pool
  • Year Built: 1961
  • Listing I D: 219105864
  • Listing Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Desert Park Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Open Floorplan, Recessed Lighting
  • Range Hood: Yes
  • Fireplace Features: Gas & Wood, Tile
  • Flooring: Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower & Tub, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Kitchen Island
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2040.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stone, Stucco
  • Other Features: Energy Efficient, Solar System Owned
  • Fencing: Block, Privacy
  • Patio: Brick - Tile, Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gunite, Heated, In Ground, Private, Salt Water
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen
  • Cooling Type: Air Conditioning, Central Air, Electric
  • Heating: Central, Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: Closed Circuit Camera(s), Fire Alarm, Security System Owned
  • Sewer: In, Connected and Paid
  • Water: In Street

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501363006
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2700
  • Lot Description: Back Yard, Fenced, Front Yard, Landscaped, Lawn, Private, Street Lighting, Street Paved, Street Public
  • Lot Size: 11326.00

Green Features

  • Green Energy Efficient: Thermostat
  • Green Energy Generation: Solar
  • Green Features: Yes
  • Green Location: Transportation, Walkability

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
May 17, 2024
Sold by
J & B Investment Partners
Bought by
Worthington Douglas and Hall Jim
Seller's Agent
Jay Wagman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Christopher Pierson
Keller Williams Luxury Homes
List Price
$1,499,000
Sold Price
$1,475,000
Premium/Discount to List
-$24,000
-1.6%
Views
30
Current Estimated Value
$1,318,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,889
Avg. Annual Appreciation
-8.88%

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 19, 2022
Sold by
Robert H Borders V Living Trust
Bought by
J & B Investment Partners Llc
Seller's Agent
Jay Wagman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joi Davis
eXp Realty of California Inc
List Price
$1,399,000
Sold Price
$1,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,119,200
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 24, 2019
Sold by
Borders Robert H and Robert H Bordes V Living Trust
Bought by
Borders V Robert H and Robert H Borders V Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2019
Closed on
Mar 26, 2019
Sold by
Borders Robert H
Bought by
Borders Robert H and Robert H Borders V Living Trust
Seller's Agent
Rachel Wills
Desert Sotheby's International Realty
Buyer's Agent
Kristin Rain
BD Homes-The Paul Kaplan Group
List Price
$745,000
Sold Price
$695,000
Premium/Discount to List
-$50,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 17, 2019
Sold by
Slocum Travis R
Bought by
Borders Robert H
Seller's Agent
Rachel Wills
Desert Sotheby's International Realty
Buyer's Agent
Kristin Rain
BD Homes-The Paul Kaplan Group
List Price
$745,000
Sold Price
$695,000
Premium/Discount to List
-$50,000
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2015
Closed on
Dec 28, 2015
Sold by
Mjc Holdings Llc
Bought by
Slocum Travis R
Seller's Agent
Bruce Catanese
Bruce Patrick & Co
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$699,000
Sold Price
$630,000
Premium/Discount to List
-$69,000
-9.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$504,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Redmon Charles Thomas and Redmon Tracy Jean
Bought by
Mjc Holdings Llc

Purchase Details

Closed on
Feb 19, 2005
Sold by
Redmon Tracy J
Bought by
Redmon Charles Thomas and Redmon Tracy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Redmon Charles T
Bought by
Redmon Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2000
Sold by
Redmon Tracy J and Burney Phillip
Bought by
Redmon Charles T and Redmon Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,021
Interest Rate
7.82%

Purchase Details

Closed on
May 10, 1999
Sold by
Weaver Ted S and Weaver Yvonne
Bought by
Roy Tracy J and Burney Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,884
Interest Rate
7.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Worthington Douglas $1,475,000 Orange Coast Title
J & B Investment Partners Llc $1,399,000 Orange Coast Title
Borders V Robert H -- Equity Title Company
Borders Robert H -- None Available
Borders Robert H $695,000 Fidelity National Title Ie
Slocum Travis R $630,000 First American Title Company
Mjc Holdings Llc $217,000 Lawyers Title
Redmon Charles Thomas -- Southland Title Of San Diego
Redmon Tracy J -- Fidelity National Title
Redmon Charles T -- --
Roy Tracy J $75,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J & B Investment Partners Llc $1,119,200
Previous Owner Borders V Robert H $445,000
Previous Owner Borders Robert H $445,000
Previous Owner Slocum Travis R $504,000
Previous Owner Slocum Travis R $504,000
Previous Owner Burney Hearing Aid Center Inc $75,000
Previous Owner Redmon Charles Thomas $372,000
Previous Owner Redmon Charles Thomas $253,000
Previous Owner Redmon Tracy J $176,000
Previous Owner Redmon Charles T $52,021
Previous Owner Roy Tracy J $74,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $1,475,000 -1.6% $723 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $1,499,000 +7.1% $735 / Sq Ft
07/29/2022 07/29/22 Sold $1,399,000 0.0% $686 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $1,399,000 +101.3% $686 / Sq Ft
02/15/2019 02/15/19 Sold $695,000 -6.7% $341 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $745,000 +18.3% $365 / Sq Ft
02/02/2016 02/02/16 Sold $630,000 -9.9% $297 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
11/15/2015 11/15/15 For Sale $699,000 -- $330 / 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 $16,218 $1,504,499 $376,127 $1,128,372
2023 $16,218 $1,286,000 $361,000 $925,000
2022 $9,702 $730,566 $183,955 $546,611
2021 $9,506 $716,243 $180,349 $535,894
2020 $9,078 $708,900 $178,500 $530,400
2019 $8,505 $668,560 $212,241 $456,319
2018 $8,344 $655,452 $208,080 $447,372
2017 $8,220 $642,600 $204,000 $438,600
2016 $3,231 $239,708 $67,309 $172,399
2015 $2,915 $221,334 $66,298 $155,036
2014 $2,895 $219,110 $50,444 $168,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219105864

California Desert Association of REALTORS®

APN: 501-363-006