NOT LISTED FOR SALE

Estimated Value: $3,293,000 - $4,502,000

5 Beds
5 Baths
4,763 Sq Ft
$837/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $2,700,000 $567 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $24,485/month

7 Days on Market

Highlights

  • Heated Indoor Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of October 2020

Palm Springs luxury living in Old Las Palmas at its finest in that even attracts its former owners, actress Ingrid Goude and Jerome K. Ohrbach, former President of Ohrbach Department Stores and oh yes, Nancy and Ronald Regan. The built-in classic mid-century style in 1952 the home and undergone updating and remodeling by Cioffi Architects and has maintained modern clean lines that Palm Springs in world-renowned for bragging. The estate cleanly plotted on a 31363 square foot lot is walled and gated, providing privacy and security. Inside the 4736 Square Foot interior, there are 5 bedrooms and 5 baths open floor plan, sunken living room with pool views, formal dining area, family room, Chef's kitchen with double ovens, 2 dishwashers, professional gas range, three-car garage, and dual, over-sized, walk-in closets. The large gorgeous windows open to an entertainers’ large back yard, long sparkling pool, and spa with an amazing view of the San Bernardino Mountains, a backdrop made for a Hollywood classic Film. If you are looking for a location like none other in Palm Springs and would not mind living in the lap of luxury with a hint of history, this amazing home is home.

Last Agent to Sell the Property

Nicole Stinson

Estate Realty Group, Inc. License #01854096 Listed on: 08/23/2020

Co-Listed By

Stephen Portaro

Estate Realty Group, Inc. License #02053107

Last Buyer's Agent

Will Cook

Keller Williams Luxury Homes License #01879277

Keller Williams Luxury Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,109

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 0.72 Acre Lot
  • Block Wall Fence
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R1A

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Circular Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Patio Home
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 4,763 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Den
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 5 Full Bathrooms
  • Granite Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Pool

  • Heated Indoor Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 44606
  • Assessor Parcel Number 505253002

Community Details

Overview

  • No Home Owners Association
  • Old Las Palmas Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,109

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Cell
  • Other Phone Number: 3108003064
  • Property Attached: No
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Old Las Palmas (33237)
  • View: Yes
  • Zoning: R1A
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 505253002
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4763.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 566.87
  • Room Type: All Bedrooms Down, Den, Dressing Area, Family Room, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Retreat, Walk-In Closet
  • Spa Features: Private, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Granite Counters, Jetted Tub, Remodeled
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Patio, Stone
  • Pool Features: Private, Heated, Indoor, Waterfall
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Patio Home, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 31363.00
  • Lot Size Acres: 0.7200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31363.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 446.06
  • Tax Lot: 80
  • Tax Tract Number: 044606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Oct 1, 2020
Sold by
Na Helen H and The Heytsbury Trust
Bought by
Scofield Mark A and Auerbach Steven G
Seller's Agent
Nicole Stinson
Estate Realty Group, Inc.
Buyer's Agent
Will Cook
Keller Williams Luxury Homes
List Price
$2,995,000
Sold Price
$2,700,000
Premium/Discount to List
-$295,000
-9.85%
Current Estimated Value
$3,987,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,287,513
Avg. Annual Appreciation
8.23%

Purchase Details

Listed on
Feb 17, 2017
Closed on
May 8, 2017
Sold by
Bowise Ina
Bought by
Coltman Andrew Malcolm and The Heytsbury Trust
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Scott Lyle
Compass
List Price
$3,200,000
Sold Price
$2,500,000
Premium/Discount to List
-$700,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$1,500,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2013
Sold by
Stein Eileen
Bought by
Bowie Eileen and Eileen Bowie Trust

Purchase Details

Closed on
Oct 13, 2011
Sold by
Barder Sarah D
Bought by
Stein Howard M and Stein Eileen

Purchase Details

Closed on
Apr 5, 1999
Sold by
Obrien John K and Bogle Thomas J
Bought by
Barder Sarah D and The Sarah D Barder Trust

Purchase Details

Closed on
Mar 19, 1999
Sold by
Bogle Paula D
Bought by
Bogle Tom J

Purchase Details

Closed on
Mar 3, 1998
Sold by
Cohen David L
Bought by
Obrien John K and Bogle Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
Scofield Mark A $2,700,000 Ticor Title Company Of Ca
Coltman Andrew Malcolm $2,350,000 Stewart Title Of California
Bowie Eileen -- None Available
Stein Howard M $2,000,000 Orange Coast Title Co
Barder Sarah D $1,200,000 Fidelity National Title Ins
Bogle Tom J -- Fidelity National Title
Obrien John K $875,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coltman Andrew Malcolm $1,500,000
Previous Owner Obrien John K $650,000
Closed Obrien John K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $2,700,000 -9.8% $567 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $2,995,000 +10.9% $629 / Sq Ft
08/23/2020 08/23/20 Off Market $2,700,000 -- --
08/23/2020 08/23/20 For Sale $2,995,000 +19.8% $629 / Sq Ft
06/14/2017 06/14/17 Sold $2,500,000 -10.7% $525 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $2,800,000 -12.5% $588 / Sq Ft
02/17/2017 02/17/17 For Sale $3,200,000 -- $672 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $35,109 $2,922,565 $1,022,897 $1,899,668
2023 $35,109 $2,809,080 $983,178 $1,825,902
2022 $35,832 $2,754,000 $963,900 $1,790,100
2021 $35,092 $2,700,000 $945,000 $1,755,000
2020 $31,261 $2,493,838 $872,843 $1,620,995
2019 $30,712 $2,444,940 $855,729 $1,589,211
2018 $30,128 $2,397,000 $838,950 $1,558,050
2017 $20,584 $1,623,386 $541,128 $1,082,258
2016 $19,972 $1,591,556 $530,518 $1,061,038
2015 $19,214 $1,567,651 $522,550 $1,045,101
2014 $19,036 $1,536,945 $512,315 $1,024,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20155095

California Regional Multiple Listing Service (CRMLS)

APN: 505-253-002