428 Patel Place Palm Springs, CA 92264
Andreas Hills NeighborhoodEstimated Value: $2,645,000 - $3,042,000
4
Beds
4.5
Baths
3,879
Sq Ft
$738/Sq Ft
Est. Value
Highlights
- Guest House
- Heated In Ground Pool
- Primary Bedroom Suite
- Palm Springs High School Rated A-
- Gourmet Kitchen
- Gated Community
About This Home
As of April 2024Modern architectural estate in the exclusive gated community of Alta in South Palm Springs. Designed by internationally renowned architect Narendra Patel and built with the exceptional details found in custom builds. This stunning residence offers 4 bedrooms, 4.5 bathrooms, and an expansive 3,879 square feet of luxurious living space on a 1/3 acre lot. Architectural features abound, from the oversized glass pivot door entry to the exceptionally high ceilings, pocketed sliders and emphasis on natural materials to mirror the desert landscape. The home features walls of glass that slide away into the walls to feature breathtaking views of the expansive resort-like backyard and surrounding mountains, seamlessly blending indoor and outdoor living. As you step outside, you'll be greeted by one of the largest pools in the neighborhood, around which you'll find an outdoor kitchen with bar, fire pit, water feature and large spa, creating a serene oasis for relaxation and entertainment. The primary suite has its own wing with dual walk-in closets and stunning views from its retreat area facing the pool and the San Jacinto Mountains. Each of the guest bedrooms as well as the attached casita has a walk-in closet and private bath. Other notable upgrades and features include fully owned solar, remotely controlled pool and spa equipment, upgraded electrical panels and a three car garage. Some of the best views in south Palm Canyon, and you OWN the land. A truly exceptional opportunity.
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #02132114
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,723
Year Built
- Built in 2007
Lot Details
- 0.33 Acre Lot
- Gated Home
- Stucco Fence
- Misting System
- Drip System Landscaping
- Sprinkler System
- Back Yard
HOA Fees
- $225 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
- Driveway
Home Design
- Modern Architecture
- Flat Roof Shape
- Slab Foundation
- Stucco
Interior Spaces
- 3,879 Sq Ft Home
- 1-Story Property
- Wet Bar
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Custom Window Coverings
- Sliding Doors
- Great Room with Fireplace
- 3 Fireplaces
- Living Room
- Dining Area
- Home Office
- Slate Flooring
- Mountain Views
Kitchen
- Gourmet Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Powder Room
- Double Vanity
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Waterfall Pool Feature
Outdoor Features
- Covered patio or porch
- Outdoor Fireplace
- Built-In Barbecue
Additional Homes
- Guest House
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 512-290-028
Community Details
Overview
- Vintage Management Group Association
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2024
Closed on
Mar 14, 2024
Sold by
Ryken Terrence J
Bought by
Silverstein Barry D and Cohen Tamara
Seller's Agent
Scott Ehrens
Compass
Buyer's Agent
Brian Lama
Berkshire Hathaway HomeServices California Properties
List Price
$2,925,000
Sold Price
$3,002,000
Premium/Discount to List
$77,000
2.63%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,532
Avg. Annual Appreciation
-11.31%
Original Mortgage
$1,951,300
Outstanding Balance
$1,929,262
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$673,274
Purchase Details
Listed on
Nov 28, 2016
Closed on
Sep 28, 2017
Sold by
Ryken Terrence J and Ryken Terrance L
Bought by
Ryken Terrence J
Seller's Agent
Carol Ramsey
Ramsey Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,400,000
Sold Price
$1,330,000
Premium/Discount to List
-$70,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$650,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 28, 2016
Closed on
Sep 6, 2017
Sold by
Gaul William
Bought by
Ryken Terrence J
Seller's Agent
Carol Ramsey
Ramsey Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,400,000
Sold Price
$1,330,000
Premium/Discount to List
-$70,000
-5%
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
3.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 28, 2016
Closed on
Aug 14, 2017
Sold by
Gaul William
Bought by
Gaul William
Seller's Agent
Carol Ramsey
Ramsey Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,400,000
Sold Price
$1,330,000
Premium/Discount to List
-$70,000
-5%
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
3.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 19, 2008
Sold by
Gaul William
Bought by
Gaul William and William Gaul Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,668,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2007
Sold by
Gaul William
Bought by
Gaul William and Gaul Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,363,680
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 21, 2007
Sold by
Irp El Portal Associates Llc
Bought by
Gaul William
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,363,680
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palm Springs, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silverstein Barry D | $3,002,000 | First American Title | |
| Ryken Terrence J | -- | Wfg National Title Insurance | |
| Ryken Terrence J | $1,330,000 | Chicago Title Company | |
| Gaul William | -- | Chicago Title | |
| Gaul William | -- | Fidelity Natl Title Co Ie | |
| Gaul William | -- | Accommodation | |
| Gaul William | $2,025,500 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silverstein Barry D | $1,951,300 | |
| Closed | Silverstein Barry D | $1,951,300 | |
| Previous Owner | Ryken Terrence J | $1,700,000 | |
| Previous Owner | Ryken Terrence J | $1,500,000 | |
| Previous Owner | Ryken Terrence J | $750,000 | |
| Previous Owner | Ryken Terrence J | $650,000 | |
| Previous Owner | Gaul William | $1,668,000 | |
| Previous Owner | Gaul William | $1,363,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2024 04/09/24 | Sold | $3,002,000 | +2.6% | $774 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 02/16/2024 02/16/24 | For Sale | $2,925,000 | +119.9% | $754 / Sq Ft |
| 09/13/2017 09/13/17 | Sold | $1,330,000 | +8.6% | $343 / Sq Ft |
| 09/11/2017 09/11/17 | Pending | -- | -- | -- |
| 02/23/2017 02/23/17 | Price Changed | $1,225,000 | -12.5% | $316 / Sq Ft |
| 11/28/2016 11/28/16 | For Sale | $1,400,000 | -- | $361 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $18,723 | $1,454,547 | $363,636 | $1,090,911 |
| 2022 | $19,092 | $1,426,027 | $356,506 | $1,069,521 |
| 2021 | $18,696 | $1,398,066 | $349,516 | $1,048,550 |
| 2020 | $17,847 | $1,383,732 | $345,933 | $1,037,799 |
| 2019 | $17,532 | $1,356,600 | $339,150 | $1,017,450 |
| 2018 | $17,194 | $1,330,000 | $332,500 | $997,500 |
| 2017 | $15,939 | $1,225,000 | $274,000 | $951,000 |
| 2016 | $15,987 | $1,243,000 | $261,000 | $982,000 |
| 2015 | $15,609 | $1,243,000 | $261,000 | $982,000 |
| 2014 | $14,020 | $1,101,000 | $231,000 | $870,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Ehrens
Seller's Agent in 2024
Scott Ehrens
Compass
(760) 880-1492
5 in this area
149 Total Sales
-
Brian Lama
B
Buyer's Agent in 2024
Brian Lama
Berkshire Hathaway HomeServices California Properties
(847) 651-9370
2 in this area
7 Total Sales
-
Carol Ramsey
Seller's Agent in 2017
Carol Ramsey
Ramsey Realty
(760) 333-5011
33 Total Sales
-
N
Buyer's Agent in 2017
NonMember AgentDefault
NonMember OfficeDefault
Map
Source: The MLS
MLS Number: 24-355271
APN: 512-290-028
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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