NOT LISTED FOR SALE

Estimated Value: $2,548,000 - $3,300,000

2 Beds
3 Baths
2,540 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $2,400,000 $945 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,158/month

11 Days on Market

About This Home

As of January 2016

The ultimate mid-century modern Palm Springs retreat designed by Donald Wexler in 1957. What you see today is a meticulous recreation of Wexler's original, stripped of unsightly additions. Working from his plans, the last owners restored its openness & clean lines, while upgrading the kitchen &bathrooms. They kept the white terrazzo floor that shimmers in the diffused sunlight & the mirrored closets that double the apparent size of the bedrooms at front & back. The warm tone of Douglas fir ceilings complements the white walls, and exposed joists create a strong sense of axiality. Luis Ortega furnished the interiors and outdoor living room to subtly enhance the architecture. Marcello Villano created a drought-resistant landscape in the stepped pool court to the south, & the tightly enclosed space to the north, where you are lulled by the cooling murmur of a fountain. Ficus hedges grow over the white-washed bricks and wooden spider-legs support a canopy over the walkway to the entrance.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 10/20/2015

Compass

Last Buyer's Agent

TTK Represents

HK Lane Real Estate License #01327863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2015
Sold by
Carlson Eric K
Bought by
Backaus Margie
Total Days on Market
11
Current Estimated Value
$2,917,177

Purchase Details

Closed on
Jun 19, 2008
Sold by
Eaton Jonathan G
Bought by
Eaton Jonathan G

Purchase Details

Closed on
Jan 11, 2006
Sold by
Schaller Thomas W
Bought by
Carlson Eric K and Eaton Jonathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2004
Sold by
Glean David and Glean Diane
Bought by
Schaller Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Florsheim Sarabel
Bought by
Glean David and Glean Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Palm Springs, CA

  • 823 N Fair Cir, Palm Springs, CA 92262

    $2,395,000

    • 4 Beds
    • 3 Baths
    • 2,014 Sq Ft
    • 823 N Fair Cir
    • Palm Springs, CA

    Located on a quiet cul-de-sac in the sought-after Las Palmas neighborhood, 823 N Fair Circle is a beautifully preserved Mid-Century Modern residence designed by renowned architect William Krisel. This single-level, 4-bedroom, 3-bathroom home offers 2,014 square feet of living space on a generous 10,000 square foot lot, showcasing timeless architectural character and thoughtful updates throughout.

    Keven Stirdivant Kase Real Estate

    Section Image
  • 633 N Belardo Rd, Palm Springs, CA 92262

    $3,295,000

    • 3 Beds
    • 3.5 Baths
    • 2,939 Sq Ft
    • 633 N Belardo Rd
    • Palm Springs, CA

    Sleek luxury nestled in the prestigious Old Las Palmas neighborhood. This stunning modern retreat offers the perfect blend of elegance, style and effortless Palm Spings living. Just moments from downtown's vibrant shops, restaurants, and events, this architectural gem is designed for those who appreciate sophistication with a touch of fun.Set on an expansive 18,000 sq. ft. lot, the home features

    Sandra Quinn Luca Realty Trust, Inc.

    Section Image
  • 417 E Via Altamira, Palm Springs, CA 92262

    $2,895,000

    • 4 Beds
    • 3 Baths
    • 3,244 Sq Ft
    • 417 E Via Altamira
    • Palm Springs, CA

    Once the glamorous escape for legends like Frank Sinatra, Marilyn Monroe, Bob Hope, and Cary Grant, The Movie Colony, known affectionately as TMC, remains one of Palm Springs' most sophisticated, sought-after, and architecturally celebrated neighborhoods. Ideally situated just blocks from both the vibrant Design District and the heart of downtown, this exclusive enclave is prized for its rare

    Leonardo Montenegro Keller Williams Luxury Homes

    Section Image
  • 1950 E Desert Palms Dr, Palm Springs, CA 92262

    $2,900,000

    • 3 Beds
    • 2.5 Baths
    • 3,038 Sq Ft
    • 1950 E Desert Palms Dr
    • Palm Springs, CA

    Before Palm Springs became iconic, celebrated architect William F. Cody designed this steel-framed modernist gem as his personal family residence. Wrapped in glass and filled with light, the home is a bold statement of postwar design, with gardens, patios, and a private atrium that seamlessly blur indoor and outdoor living. Set on a 13,500+ sq ft lot in Desert Park Estates, this 3-bedroom,

    Keven Stirdivant Kase Real Estate

    Section Image
  • 1075 S Manzanita Ave, Palm Springs, CA 92264

    $2,449,000

    • 3 Beds
    • 3.5 Baths
    • 3,510 Sq Ft
    • 1075 S Manzanita Ave
    • Palm Springs, CA

    Welcome to 1075 S. Manzanita, an iconic 1964 architectural gem by Charles W. Doty, blending timeless mid-century innovation with the allure of Old Hollywood glamour. Once the quiet desert retreat of Academy Award-winner Loretta Young, this curvilinear masterpiece draws on the design influence of Niemeyer and Lautner, showcasing an orbit-like layout, dramatic circular terraces, and sweeping

    Leonardo Montenegro Keller Williams Luxury Homes

    Section Image
  • 475 W Stevens Rd, Palm Springs, CA 92262

    $2,750,000

    • 4 Beds
    • 4.5 Baths
    • 2,884 Sq Ft
    • 475 W Stevens Rd
    • Palm Springs, CA

    This dramatic Mid-Century home, located in the coveted Old Las Palmas neighborhood, offers complete privacy as well as dramatic views of the San Jacinto mountains. Built in 1955, it was re-imagined by renowned architect Lance O'Donnell, providing both drama and modern flair to the original design. Fully gated and walled, this home is truly an entertainer's delight!! Enter through a secure gate to

    Eric Lowry Coldwell Banker Realty

    Section Image
  • 322 Camino Norte, Palm Springs, CA 92262

    $2,695,000

    • 3 Beds
    • 3.5 Baths
    • 2,018 Sq Ft
    • 322 Camino Norte
    • Palm Springs, CA

    IDEAL OPPORTUNITY FOR EXCEPTIONAL (ADU) Experience a rare opportunity to own a freshly reimagined 2,000+ SF home in the coveted Old Las Palmas neighborhood. The completely resurfaced exterior offers stunning mountain views from a firepit with circular seating, a picnic-style outdoor dining area, and a spacious front porch. Originally redesigned for the seller's personal use (See 'Documents') and

    Louise Hampton Berkshire Hathaway HomeServices California Properties

    Section Image
  • 322 Camino Norte, Palm Springs, CA 92262

    $2,395,000

    • 3 Beds
    • 3.5 Baths
    • 2,018 Sq Ft
    • 322 Camino Norte
    • Palm Springs, CA

    IDEAL OPPORTUNITY FOR EXCEPTIONAL (ADU) Experience a rare opportunity to own a freshly reimagined 2,000+ SF home in the coveted Old Las Palmas neighborhood. The completely resurfaced exterior offers stunning mountain views from a firepit with circular seating, a picnic-style outdoor dining area, and a spacious front porch. Originally redesigned for the seller's personal use (See 'Documents') and

    Louise Hampton Berkshire Hathaway HomeServices California Properties

    Section Image
  • 1101 N Via Monte Vista, Palm Springs, CA 92262

    $2,699,000

    • 4 Beds
    • 4 Baths
    • 2,659 Sq Ft
    • 1101 N Via Monte Vista
    • Palm Springs, CA

    Imagine a world where summers are long, cocktails are strong, and life moves at a leisurely pace. Welcome to your personal slice of 1957 Americana, reimagined with today's luxury. This meticulously renovated mid-century modern home blends vintage charm with modern convenience. Picture yourself lounging by the sparkling pool, cocktail in hand, basking in the California sun. The open-concept living

    Marc Lange Equity Union

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Backaus Margie $2,350,500 Wfg National Title
Eaton Jonathan G -- None Available
Carlson Eric K -- None Available
Carlson Eric K $2,225,000 Multiple
Schaller Thomas W $1,850,000 Southland Title Corporation
Glean David $725,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schaller Thomas W $500,000
Previous Owner Schaller Thomas W $1,000,000
Previous Owner Glean David $200,000
Previous Owner Glean David $500,000
Closed Schaller Thomas W $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $2,400,000 -3.8% $945 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $2,495,000 -- $982 / 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
2023 $34,138 $2,730,785 $955,774 $1,775,011
2022 $34,841 $2,677,241 $937,034 $1,740,207
2021 $34,121 $2,624,747 $918,661 $1,706,086
2020 $32,554 $2,597,835 $909,242 $1,688,593
2019 $31,982 $2,546,898 $891,414 $1,655,484
2018 $31,373 $2,496,960 $873,936 $1,623,024
2017 $30,906 $2,448,000 $856,800 $1,591,200
2016 $29,377 $2,351,000 $705,000 $1,646,000
2015 $17,039 $1,388,000 $416,000 $972,000
2014 $14,958 $1,204,000 $361,000 $843,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-951819PS

The MLS

APN: 505-152-005