NOT LISTED FOR SALE

Estimated Value: $2,139,000 - $3,159,000

4 Beds
4 Baths
3,085 Sq Ft
$859/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $1,425,000 $462 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $15,761/month

56 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Wood Flooring
  • Palm Springs High School Rated A-
  • Mountain View
  • High Ceiling

About This Home

As of June 2015

Home of James Galanos, a fashion designer and one of the world's foremost 20th Century Couturiers. Costumes are currently featured in a retrospective exhibition at the Los Angeles County Museum of Art. A French Regency with 12 ft. ceilings in living room, floor to ceiling French doors. Two bedroom, three baths in main house, separate guest house with sitting room, bedroom, bath and mini kitchen. The pool and terrace has a strong indoor-outdoor connection.A very romantic setting.

Last Agent to Sell the Property

Nelda Linsk

HK Lane Real Estate License #00583988 Listed on: 02/27/2015

Co-Listed By

Lindell Campbell

HK Lane Real Estate License #01303904

Last Buyer's Agent

Scott Histed

Bennion Deville Homes License #01031722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,378

Year Built

  • Built in 1946

Lot Details

  • 0.35 Acre Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,085 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • Old Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505221001

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,378

Year Built

Built in 1946

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
  • Builders Tract Code: Old Las Palmas
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 460.29
  • Lp Sp Ratio: 1.0035
  • View Type: Mountain(s)
  • Year Built: 1946
  • Co Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Listing Office Fax: (760) 834-7575
  • Listing I D: 215007372
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Member Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs, CA 92262
  • Selling Member Fax: (760) 406-4200
  • Selling Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs Main Office, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile, Wood
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: Laundry Area
  • Estimated Sq Ft: 3085.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 505221001
  • Lot Acres: 0.3500
  • Lot Size: 15246.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2014
Sold by
Raymond James Trust Na
Bought by
Welgel Wade
Total Days on Market
56
Current Estimated Value
$2,649,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2004
Sold by
Galanos James G
Bought by
Galanos James G

Purchase Details

Closed on
Jun 29, 1994
Sold by
Russell Patrick and Tilley David
Bought by
Galanos James G
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
Welgel Wade $1,425,000 Fidelity National Title
Galanos James G -- --
Galanos James G $492,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welgel Wade $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $1,425,000 0.0% $462 / Sq Ft
06/16/2015 06/16/15 Off Market $1,425,000 -- --
04/24/2015 04/24/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $1,420,000 -- $460 / 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
2023 $20,378 $1,621,399 $567,488 $1,053,911
2022 $20,795 $1,589,608 $556,361 $1,033,247
2021 $20,368 $1,558,440 $545,452 $1,012,988
2020 $19,437 $1,542,462 $539,860 $1,002,602
2019 $19,098 $1,512,219 $529,275 $982,944
2018 $18,736 $1,482,569 $518,899 $963,670
2017 $18,458 $1,453,500 $508,725 $944,775
2016 $17,909 $1,425,000 $498,750 $926,250
2015 $8,568 $688,304 $174,689 $513,615
2014 -- $674,823 $171,268 $503,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215007372

California Desert Association of REALTORS®

APN: 505-221-001