428 Patel Place Palm Springs, CA 92264
Andreas Hills Neighborhood
4
Beds
5
Baths
3,879
Sq Ft
0.33
Acres
About This Home
As of April 2024Approved short sale - just need an offer. There are soaring ceilings, disappearing walls of glass, private pool and spa with waterfall and fog system, 3 fireplaces, and an entertainer's kitchen among the numerous amenities. This is a very well maintained property on Fee Simple land (you own the land) and with low HOA dues in the gated community of Alta. This is an original Patel home with a Patel designed pool. Schedule a viewing to see this fabulous Alta property! Buyer and buyer's agent to verify accuracy of all information and perform due diligence.
Last Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
Home Details
Home Type
Single Family
Est. Annual Taxes
$18,723
Year Built
2007
Lot Details
0
Parking
3
Listing Details
- Active Date: 2016-11-28
- Full Bathroom: 4
- Half Bathroom: 1
- Building Size: 3879.0
- Building Structure Style: Modern
- Driving Directions: South on Palm Canyon Drive past bogert Trail. Gate to enter the complex is on the left. Enter gate and take immediate left then the first right onto Patel Place. House is the last house on the left.
- Full Street Address: 428 PATEL PL
- Pool Construction: In Ground
- Pool Descriptions: Private Pool
- Primary Object Modification Timestamp: 2017-09-13
- Spa Construction: In Ground
- Spa Descriptions: Heated, Private Spa
- Mello Roos: Unknown
- View Type: Mountain View
- Special Features: 12
- Property Sub Type: Detached
- Stories: 1
- Year Built: 2007
Interior Features
- Bathroom Features: Granite, Shower and Tub
- Bedroom Features: Master Retreat, Master Suite
- Advertising Remarks: Approved short sale-just need an offer. There are soaring ceilings, disappearing walls of glass, private pool and spa with waterfall and fog system, 3 fireplaces, and an entertainer's kitchen among the numerous amenities. This is a very well maintained
- Total Bedrooms: 4
- Builders Tract Code: 5921
- Builders Tract Name: ALTA
- Fireplace: Yes
- Levels: One Level
- Spa: Yes
- Fireplace Rooms: Living Room, Master Retreat
- Appliances: Dishwasher
- Fireplace Fuel: Gas
- Kitchen Features: Granite Counters
- Laundry: Inside, Individual Room
- Pool: Yes
Exterior Features
- View: Yes
- Lot Size Sq Ft: 14375
- Common Walls: Detached/No Common Walls
- Patio: Concrete Slab, Covered
- Water: District/Public
Garage/Parking
- Garage Spaces: 3.0
- Parking Type: Garage Is Attached, Garage - Three Door
Utilities
- Sewer: In, Connected & Paid
- Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
- Heating Fuel: Natural Gas
- Heating Type: Central Furnace, Forced Air
- Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector
Condo/Co-op/Association
- Amenities: Gated Community
- HOA: Yes
- HOA Fee Frequency: Monthly
- Association Rules: Assoc Pet Rules
- HOA Fees: 204.0
Multi Family
- Total Floors: 1
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
-$120,507
Avg. Annual Appreciation
-3.57%
Original Mortgage
$1,951,300
Outstanding Balance
$1,925,723
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$938,745
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,002,000 | First American Title | |
| Interfamily Deed Transfer | -- | Wfg National Title Insurance | |
| Grant Deed | $1,330,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Co Ie | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $2,025,500 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,951,300 | New Conventional | |
| Closed | $1,951,300 | New Conventional | |
| Previous Owner | $1,700,000 | New Conventional | |
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $750,000 | New Conventional | |
| Previous Owner | $650,000 | Purchase Money Mortgage | |
| Previous Owner | $1,668,000 | New Conventional | |
| Previous Owner | $1,363,680 | Purchase Money Mortgage |
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 |
|---|---|---|---|---|
| 2025 | $18,723 | $5,359,080 | $765,000 | $4,594,080 |
| 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
-
Seller's Agent in 2024
Scott Ehrens
Compass
(760) 880-1492
5 in this area
153 Total Sales
-
B
Buyer's Agent in 2024
Brian Lama
Berkshire Hathaway HomeServices California Properties
(847) 651-9370
2 in this area
7 Total Sales
-
Seller's Agent in 2017
Carol Ramsey
Ramsey Realty
(760) 333-5011
34 Total Sales
-
N
Buyer's Agent in 2017
NonMember AgentDefault
NonMember OfficeDefault
Map
Source: The MLS
MLS Number: 16-183284PS
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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