NOT LISTED FOR SALE

Estimated Value: $2,561,000 - $3,026,000

4 Beds
4.5 Baths
4,181 Sq Ft
$690/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $1,448,643 $346 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $17,352/month

16 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Mountain View
  • Palm Springs High School Rated A-
  • Gated Community
  • Modern Architecture

About This Home

As of August 2015

Elegance, function, style and premier location only begin to describe this modern day Mission Spanish residence. This 3800 square foot home includes 3 bedrooms/ 3 1/2 baths, large media room, separate library/office and an approximate 360 sq ft detached guest house with kitchenette. This East facing home enjoys the vivid colors of the morning sunrise and views accented by the mountains to the East and South. Only weeks away from completion, this home is nearly ready to start enjoying and has been finished with upgraded material for flooring and countertop!!! Don't miss this opportunity to capture the views and backdrops that are the allure of the desert. Lot 43 on Fee land.

Last Agent to Sell the Property

John Young

HomeSmart License #01191383 Listed on: 05/29/2015

HomeSmart

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,132

Lot Details

  • 0.35 Acre Lot
  • Sprinklers on Timer

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 4,181 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Solar Power System

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 512350024

Community Details

Overview

  • Built by Alta Verde Group
  • Monte Sereno Subdivision, Esplanade Floorplan

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,132

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builder Model Name: Esplanade
  • Builder Name: Alta Verde Group
  • Builders Tract Code: Monte Sereno
  • Building Number Of Stories: 1
  • Building Style: Modern
  • List Price per Sq Ft: 344.18
  • Lp Sp Ratio: 1.0067
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Listing I D: 215016840
  • 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 Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Monte Sereno
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 4181.00

Exterior Features

  • Roofing: Flat, Tile
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Carport Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling Type: Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Tankless

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 350.00
  • Total Monthly Association Fees: 350.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 512350024
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.3500
  • Lot Size: 15246.00

Green Features

  • Green Energy Efficient: Construction, Water Heater, Windows, Insulation, Electrical/Lighting
  • Green Energy Generation: Solar
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Jul 17, 2015
Sold by
Alta Verde Sereno Llc
Bought by
Lewis William T
Seller's Agent
John Young
HomeSmart
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$1,439,000
Sold Price
$1,448,643
Premium/Discount to List
$9,643
0.67%
Current Estimated Value
$2,885,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,346
Avg. Annual Appreciation
7.39%
Original Mortgage
$1,151,200
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

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

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
Lewis William T $1,449,000 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
Previous Owner Lewis William T $1,151,200
Previous Owner Lewis William T $1,151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $1,448,643 0.0% $346 / Sq Ft
06/16/2015 06/16/15 Off Market $1,448,643 -- --
06/14/2015 06/14/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $1,439,000 -- $344 / 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 $21,132 $1,715,314 $428,826 $1,286,488
2023 $21,132 $1,648,708 $412,175 $1,236,533
2022 $21,569 $1,616,382 $404,094 $1,212,288
2021 $21,193 $1,584,689 $396,171 $1,188,518
2020 $20,230 $1,568,441 $392,109 $1,176,332
2019 $19,874 $1,537,688 $384,421 $1,153,267
2018 $19,493 $1,507,538 $376,884 $1,130,654
2017 $19,194 $1,477,980 $369,495 $1,108,485
2016 $18,615 $1,449,000 $362,250 $1,086,750
2015 $3,786 $278,000 $166,000 $112,000
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: 215016840

California Desert Association of REALTORS®

APN: 512-350-024