NOT LISTED FOR SALE

Estimated Value: $2,882,000 - $4,118,106

5 Beds
5.5 Baths
4,710 Sq Ft
$765/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $4,320,000 $917 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $24,990/month

61 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Casita
  • Palm Springs High School Rated A-
  • Cabana
  • Gated Community

About This Home

As of June 2023

Designed by award winning architect, Anthony Poon. Built by NAHB Builder of the Year, Alta Verde Group. Designer furnished by award winning Belle Grey Interior Design. This 5 Bedroom, 6 Bath masterpiece awaits your close inspection. Located in the very desirable Indian Canyons area in the guard gated Monte Sereno neighborhood, this turn-key property resides on a lot of over 18,000 sq. ft. with stunning west facing views and no land lease. The kitchen features quartz counters, and walls of Italian glass cabinetry by Modulo Cucina along with Stainless Steel Thermador appliances and dual Bosch dishwashers. The 4 interior bedrooms are all en-suite with a detached Casita in the yard along with a separate Cabana. The Primary suite has transfixing Southern Vistas and bath with a freestanding soaking tub and almost 10 ft deep Shower. Entering this home you immediately look through massive 10 foot tall Fleetwood sliders forming a wall of glass to view the gorgeous pool, yard and mountains beyond. Green features include an upgraded, owned solar array along with low E glass windows, dual tankless water heaters and a Control 4 Home Automation system which also controls a whole home (and outdoor) music system. Besides the Cabana, there is also an outdoor kitchen with a large covered dining and lounging area along with a CCTV system covering the grounds front and back. This home is the epitome of the Palm Springs Lifestyle! Move in ready to start enjoying the moment you own it!

Last Agent to Sell the Property

John Young

HomeSmart License #01191383 Listed on: 03/30/2023

HomeSmart

Last Buyer's Agent

NoEmail NoEmail

OUT OF AREA License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,349

Year Built

  • Built in 2015

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Misting System
  • Sprinklers on Timer

HOA Fees

  • $380 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Turnkey
  • Rolled or Hot Mop Roof
  • Elastomeric Roof
  • Stucco Exterior

Interior Spaces

  • 4,710 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Blinds
  • Great Room with Fireplace
  • Dining Area
  • Home Theater
  • Security System Owned

Kitchen

  • Range Hood
  • Warming Drawer
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa
  • Outdoor Shower

Outdoor Features

  • Covered patio or porch
  • Casita
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Green Features
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 512350020

Community Details

Overview

  • Built by Alta Verde Group
  • Monte Sereno Subdivision
  • Planned Unit Development

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,349

Year Built

Built in 2015

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces West
  • Levels: One
  • Builder Name: Alta Verde Group
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Casita Features Other: Kitchenette, fridge and sink
  • Entry Location: Main Level
  • Included In Sale: Furnishings and accessories as shown.
  • List Price per Sq Ft: 933.12
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool
  • Year Built: 2015
  • Listing I D: 219092980
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 1234 Glendora, NULL ZIP CODE, CA
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Monte Sereno
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Wood
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Quartz Counters
  • Estimated Sq Ft: 4710.00
  • Windows Treatments: Double Pane Windows, Blinds, Low Emissivity Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: Cabana, Guest House/Casita, Outside Shower
  • Roofing: Rolled/Hot Mop, Elastomeric
  • Built-in BBQ: Gas
  • Fencing: Block
  • Patio: Covered, Misters
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Driveway
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air, Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Closed Circuit Camera(s), Security System Owned, Gated Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 380.00
  • Total Monthly Association Fees: 380.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 512350020
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 18731.00

Green Features

  • Green Features: Yes

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
J & L Capital Living Trust
Bought by
Cerni Joseph
Seller's Agent
John Young
HomeSmart
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$4,395,000
Sold Price
$4,320,000
Premium/Discount to List
-$75,000
-1.71%
Views
29
Current Estimated Value
$3,604,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$715,298
Avg. Annual Appreciation
-8.49%
Original Mortgage
$1,320,000
Outstanding Balance
$1,289,481
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$2,315,221

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 16, 2015
Sold by
Alta Verde Sereno Llc
Bought by
The J & L Capital Living Trust
Seller's Agent
John Young
HomeSmart
Buyer's Agent
Marc Lange
HOM Sotheby's International
List Price
$1,989,000
Sold Price
$2,088,154
Premium/Discount to List
$99,154
4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$1,670,523
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Ridgeback Monte Sereno Llc
Bought by
Alta Verde Sereno Llc

Purchase Details

Closed on
Apr 2, 2013
Sold by
Ridgeback Monte Sereno Llc
Bought by
Alta Verde Sereno Llc

Purchase Details

Closed on
Nov 13, 2008
Sold by
Crv Monte Sereno Lp
Bought by
Riverside Monte Sereno Return Llc
Source: Public Records

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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
Cerni Joseph $4,320,000 First American Title
The J & L Capital Living Trust $2,088,500 First American Title Company
Alta Verde Sereno Llc $748,000 First American Title Company
Alta Verde Sereno Llc -- First American Title Company
Riverside Monte Sereno Return Llc $9,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerni Joseph $1,320,000
Previous Owner Dyer John Howard $230,000
Previous Owner The J & L Capital Living Trust $1,670,523
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $4,320,000 -1.7% $917 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $4,395,000 +110.5% $933 / Sq Ft
08/07/2015 08/07/15 Sold $2,088,154 0.0% $470 / Sq Ft
06/16/2015 06/16/15 Off Market $2,088,154 -- --
05/27/2015 05/27/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $1,989,000 -- $447 / 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 $54,349 $2,375,958 $597,357 $1,778,601
2022 $30,848 $2,329,372 $585,645 $1,743,727
2021 $30,209 $2,283,699 $574,162 $1,709,537
2020 $28,828 $2,260,283 $568,275 $1,692,008
2019 $28,320 $2,215,965 $557,133 $1,658,832
2018 $27,778 $2,172,515 $546,210 $1,626,305
2017 $27,354 $2,129,917 $535,500 $1,594,417
2016 $26,531 $2,088,154 $525,000 $1,563,154
2015 $2,979 $194,000 $194,000 $0
2014 $1,309 $98,663 $98,663 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219092980

California Desert Association of REALTORS®

APN: 512-350-020