NOT LISTED FOR SALE

Estimated Value: $2,293,000 - $3,513,000

4 Beds
6 Baths
3,372 Sq Ft
$804/Sq Ft Est. Value

Last Sold May 24, 2012

Last sale price $1,062,500 $315 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $16,570/month

277 Days on Market

Highlights

  • Heated In Ground Pool
  • 0.61 Acre Lot
  • Marble Flooring
  • Palm Springs High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of May 2012

OPEN HOUSE (April 7 & 8): Sat (2-4), Sun (12-3)AMAZING Business Opportunity: 2 lots, well-situated 2nd lot makes this an exceptional and unique investment opportunity. Exquisite fine home situated on 2 oversized corner lots has it all: adjacent to the elegant Las Palmas; majestic unobstructed South & West mountain views; extremely private; 4BDs + Bonus Room/Den, tastefully decorated including 3 Suites (2 inside main house + guest house), Guest BD, plus a Bonus room (perfect for an exercise room or office/den); 6 BAs; a gated private full tennis court, saltwater pool, spa; luxurious living room, fireplace, exposed high pitched wood beamed ceilings, chic study room (great for a formal dining room), and a stylish great room with high ceilings and disappearing wall of glass overlooking to breathtaking San Jacinto mountains and a lavish landscape, open floor plan, gorgeous limestone flooring, kitchen w/top-of-the-line appliances.

Last Agent to Sell the Property

Leonardo Montenegro

Berkshire Hathaway HomeServices California Properties License #01413476 Listed on: 08/19/2011

Last Buyer's Agent

Gary Smith

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,178

Year Built

  • Built in 1946

Lot Details

  • 0.61 Acre Lot
  • North Facing Home
  • Brick Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Private Yard

Property Views

  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,372 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Custom Window Coverings
  • Vertical Blinds
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Storage
  • Home Gym
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district

Community Details

  • Tuscany Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505163007

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,178

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: Ground Level, No Unit Above, One
  • Builders Tract Code: Little Tuscany
  • Entry Location: Main Level
  • Included In Sale: PRUDENTIAL NOR ITS AGENTS CAN'T VERIFY ALL INFO. BUYER TO VERIFY ALL INFO.
  • List Price per Sq Ft: 341.04
  • Lp Sp Ratio: 0.9239
  • View Type: Mountain(s), Pool
  • Year Built: 1946
  • Listing I D: 21434977
  • Listing Office Address: 2905 Tahquitz Canyon Way, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-5083
  • Selling Office Address: 2905 Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Tuscany
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Stackable W/D Hookup, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings, Storage, Surround Sound Wired, Recessed Lighting, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Flooring: Carpet, Marble, Ceramic Tile
  • Bedroom Features: 2 Primary Bedrooms, Walk In Closet, Primary Suite, Main Floor Primary Bedroom, Dressing Area, All Bedrooms Down
  • Total Bedrooms: 4
  • Bathroom Features: Linen Closet, Shower Stall, Shower Over Tub, Shower & Tub, Remodeled, Powder Room
  • Total Bathrooms: 6.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3372.00
  • Windows Treatments: Custom Window Covering, Blinds, Vertical Blinds, Skylight(s), Mini Blinds, Double Pane Windows, Drapes

Exterior Features

  • Other Features: Slab
  • Roofing: Tile
  • Fencing: Brick
  • Foundation: Slab
  • Patio: Awning(s), Enclosed, Concrete Slab, Covered
  • 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, Private
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning, Zoned, Wall/Window Unit(s), Central Air, Ceiling Fan(s)
  • Heating: Fireplace(s), Forced Air
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505163007
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.6100
  • Lot Description: Yard
  • Lot Size: 26572.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2011
Closed on
May 15, 2012
Sold by
Olins Sally K
Bought by
Conway Gerald A
Seller's Agent
Leonardo Montenegro
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gary Smith
List Price
$1,590,000
Sold Price
$1,062,500
Premium/Discount to List
-$527,500
-33.18%
Total Days on Market
277
Current Estimated Value
$2,711,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,649,191
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
May 16, 2007
Sold by
Erwin Pamela G
Bought by
Olins Sally K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2006
Sold by
Erwin Pamela G and Unger Susan A
Bought by
Erwin Pamela G and Unger Susan A

Purchase Details

Closed on
Apr 6, 2004
Sold by
Hampton James F
Bought by
Erwin Pamela G and Unger Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1994
Sold by
Estate Of Marian Montgomery
Bought by
Hampton James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.56%
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
Conway Gerald A -- Lawyers Title Company
Olins Sally K $1,300,000 First American Title Company
Erwin Pamela G -- None Available
Erwin Pamela G $1,010,000 Fidelity National Title Co
Hampton James F $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway Gerald A $1,100,000
Closed Conway Gerlad A $796,875
Previous Owner Olins Sally K $713,300
Previous Owner Olins Sally K $258,700
Previous Owner Olins Sally K $910,000
Previous Owner Erwin Pamela G $808,000
Previous Owner Hampton James F $100,000
Previous Owner Hampton James F $750,000
Previous Owner Hampton James F $320,000
Closed Erwin Pamela G $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2012 05/24/12 Sold $1,062,500 -7.6% $315 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
04/04/2012 04/04/12 Price Changed $1,150,000 -3.8% $341 / Sq Ft
02/09/2012 02/09/12 Price Changed $1,195,000 -14.6% $354 / Sq Ft
01/31/2012 01/31/12 Price Changed $1,399,000 -6.7% $415 / Sq Ft
12/08/2011 12/08/11 Price Changed $1,499,000 -5.7% $445 / Sq Ft
08/19/2011 08/19/11 For Sale $1,590,000 -- $472 / 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 $16,178 $1,282,721 $448,950 $833,771
2022 $16,508 $1,257,571 $440,148 $817,423
2021 $16,170 $1,232,914 $431,518 $801,396
2020 $15,433 $1,220,273 $427,094 $793,179
2019 $15,164 $1,196,347 $418,720 $777,627
2018 $14,878 $1,172,890 $410,510 $762,380
2017 $14,657 $1,149,893 $402,461 $747,432
2016 $14,223 $1,127,347 $394,570 $732,777
2015 $13,679 $1,110,416 $388,645 $721,771
2014 $13,546 $1,088,667 $381,033 $707,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21434977

California Desert Association of REALTORS®

APN: 505-163-007