NOT LISTED FOR SALE

Estimated Value: $1,771,000 - $2,268,000

4 Beds
3.5 Baths
2,792 Sq Ft
$761/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $1,500,000 $537 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,327/month

2 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Wood Flooring
  • Palm Springs High School Rated A-
  • Fireplace in Primary Bedroom
  • 2-minute walk to Frances Stevens Park

About This Home

As of December 2020

LOCATION LOCATION LOCATION on this Spanish style home in one of the most sought after Movie Colony locations. Close to shopping, restaurants and all that downtown Palm Springs offers. From the moment you enter the gates of this mini estate, you will feel the charm of what Palm Springs is about as you are taken back by this properties stunning west facing views in this secluded oasis. The exterior of the home was recently painted and the interior is ready for you to bring your imagination and creativity to make this home your own with some updates. The updated pebble tech pool is ready to jump in today ! The current owners have enjoyed this coveted location for over 28 years and will now pass on to a lucky buyer to make this home their dream find .

Last Agent to Sell the Property

Kenny Jervis

Berkshire Hathaway HomeServices California Properties License #0834276 Listed on: 10/31/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

MICHAEL MUGHANNEM

License #01496967

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,624

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • West Facing Home
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned R1C

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,792 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Disposal

Flooring

  • Wood
  • Pavers

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Parking

  • 4 Parking Spaces
  • Attached Carport

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Open Patio
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 507-193-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,624

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 5620
  • Living Area: 2792
  • Lot Acreage: 0.3200
  • Stories: 1
  • Year Built: 1957
  • Builders Tract Name: Movie Colony
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Pavers, Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 535.46

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Patio Open
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 507-193-011
  • Lot Size Area: 13939

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Martin Charles
Bought by
Mughannem Michael Royce
Current Estimated Value
$2,145,887

Purchase Details

Listed on
Oct 31, 2020
Closed on
Nov 4, 2020
Sold by
Wickham William R and Wickham Elizabeth A
Bought by
Martin Charles
Seller's Agent
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
MICHAEL MUGHANNEM
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2011
Sold by
Wickham William R and Wickham Elizabeth A
Bought by
Wickham William R and Wickham Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2002
Sold by
Wickham William Ronald and Wickham Elizabeth Ann
Bought by
Wickham William R and Wickham Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Wickham William R and Wickham Elizabeth A
Bought by
Wickham William R and Wickham Elizabeth A

Purchase Details

Closed on
Jul 9, 1998
Sold by
Wickham and Elizabeth
Bought by
Wickham William R and Wickham Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Mughannem Michael Royce -- --
Martin Charles $1,500,000 Orange Coast Title
Wickham William R -- Chicago Title Inland Empire
Wickham William R -- --
Wickham William Ronald -- Fidelity National Title Ins
Wickham William R -- --
Wickham William R -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Charles $1,200,000
Previous Owner Wickham William R $125,000
Previous Owner Wickham William R $254,000
Previous Owner Wickham William Ronald $100,000
Previous Owner Wickham William R $100,000
Previous Owner Wickham William Ronald $300,000
Previous Owner Wickham William R $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $1,500,000 +0.3% $537 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $1,495,000 -- $535 / Sq Ft
Source: The MLS

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 $19,624 $1,623,646 $595,337 $1,028,309
2023 $19,624 $2,125,000 $575,000 $1,550,000
2022 $20,025 $1,530,000 $561,000 $969,000
2021 $19,615 $1,500,000 $550,000 $950,000
2020 $7,360 $570,656 $158,506 $412,150
2019 $7,233 $559,468 $155,399 $404,069
2018 $7,099 $548,499 $152,353 $396,146
2017 $6,995 $537,745 $149,366 $388,379
2016 $6,791 $527,202 $146,438 $380,764
2015 $6,522 $519,286 $144,240 $375,046
2014 $6,447 $509,115 $141,415 $367,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-654102

The MLS

APN: 507-193-011