NOT LISTED FOR SALE

Estimated Value: $892,000 - $1,391,000

3 Beds
3 Baths
1,592 Sq Ft
$772/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $765,000 $481 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,548/month

23 Days on Market

About This Home

As of November 2016

Paradise Found! You have to see this stunningly updated and remodeled 3 bedroom, 3 bath house in South Palm Springs. With a proven track record as an extremely successful vacation rental, this house is everything you've been looking for. 2 master bedrooms (plus a third with a separate bath), newly updated kitchen and bathrooms, gorgeous entertaining back yard with salt-water pool and spa, pool cabana, outdoor living room with fireplace and TV, outdoor kitchen, smart home with computerized voice-activated lighting system, HD projector with retractable home theater screen?the list goes on and on. This house has it all and is being sold TURNKEY FURNISHED?you don't have to buy a thing. This house averages over $80,000 per year gross rentals as a part time rental (potential is higher), and already has bookings into season. Move right in or keep the rentals and start hosting the day after you close escrow. There is nothing else like this on the market in this price range.

Last Agent to Sell the Property

Michael Valeo

Berkshire Hathaway HomeServices California Properties License #01933394 Listed on: 09/12/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marc Lange

Equity Union License #01407481

Equity Union

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,852

Year Built

1947

Lot Details

0

Listing Details

  • Active Date: 2016-09-12
  • Full Bathroom: 3
  • Building Size: 1592.0
  • Building Structure Style: Mid Century
  • Driving Directions: 2 blocks east of Palm Canyon
  • Full Street Address: 439 E AVENIDA PALMERA
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2016-11-23
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Private Spa
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Built-In BBQ, Built-Ins, Range Hood, Range
  • Advertising Remarks: Paradise Found! You have to see this stunningly updated and remodeled 3 bedroom, 3 bath house in South Palm Springs. With a proven track record as an extremely successful vacation rental, this house is everything you've been looking for. 2 master bedro
  • Total Bedrooms: 3
  • Builders Tract Code: 7000
  • Builders Tract Name: TAHQUITZ RIVER ESTAT
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Interior Amenities: Furnished
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Concrete Slab
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 7405
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Avenida Palmera Llc
Bought by
Patrick Artemis K and Patrick John E
Current Estimated Value
$1,228,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2018
Sold by
Patrick John E and Patrick Artemis K
Bought by
Avenida Palmera Llc

Purchase Details

Listed on
Sep 12, 2016
Closed on
Nov 2, 2016
Sold by
Janes Raymond Blake
Bought by
Patrick John E and Patrick Artemis K
Seller's Agent
Michael Valeo
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marc Lange
Equity Union
List Price
$819,000
Sold Price
$765,000
Premium/Discount to List
-$54,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$560,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2012
Closed on
Mar 16, 2012
Sold by
Konor Sean T and Tisbo Perry
Bought by
Janes Raymond Blake
Seller's Agent
Richard Cobb
ProNet Properties
Buyer's Agent
Marc Lange
Equity Union
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$486,000
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2007
Sold by
Countrywide Bank Fsb
Bought by
Konor Sean T and Tisbo Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,400
Interest Rate
6.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 2007
Sold by
Catanese Bruce
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
May 7, 2006
Sold by
Catanese Bruce
Bought by
V C R I Llc

Purchase Details

Closed on
Apr 18, 2005
Sold by
Volzer Roger
Bought by
Catanese Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 17, 2001
Sold by
P F Sheeby & Arlene Gwon Mds Inc Employe
Bought by
Volzer Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
7.12%

Purchase Details

Closed on
Jan 3, 1997
Sold by
P F Sheehy & Arlene Gwon Mds Inc
Bought by
P F Sheehy & Arlene Gwon Mds Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patrick Artemis K -- Amrock
Avenida Palmera Llc -- None Available
Patrick John E $765,000 Lawyers Title
Janes Raymond Blake $540,000 Orange Coast Title Company O
Konor Sean T $468,000 Landsafe Title
Countrywide Bank Fsb $508,500 Landsafe Title
V C R I Llc -- None Available
Catanese Bruce $763,000 First American Title Company
Volzer Roger $185,000 Chicago Title Co
P F Sheehy & Arlene Gwon Mds Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patrick Artemis K $508,500
Previous Owner Patrick John E $560,000
Previous Owner Janes Raymond Blake $438,750
Previous Owner Janes Raymond Blake $486,000
Previous Owner Konor Sean T $365,350
Previous Owner Konor Sean T $374,400
Previous Owner Volzer Roger $200,000
Previous Owner Catanese Bruce $610,400
Previous Owner Volzer Roger $100,000
Previous Owner Volzer Roger $322,700
Previous Owner Volzer Roger $100,000
Previous Owner Volzer Roger $27,750
Previous Owner Volzer Roger $138,750
Closed Catanese Bruce $76,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2016 11/22/16 Sold $765,000 -6.6% $481 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $819,000 +51.7% $514 / Sq Ft
04/12/2012 04/12/12 Sold $540,000 -8.3% $300 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $589,000 -- $327 / 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 $10,852 $887,841 $221,958 $665,883
2023 $10,852 $853,367 $213,340 $640,027
2022 $11,072 $836,635 $209,158 $627,477
2021 $10,847 $820,231 $205,057 $615,174
2020 $10,357 $811,822 $202,955 $608,867
2019 $10,178 $795,905 $198,976 $596,929
2018 $9,987 $780,300 $195,075 $585,225
2017 $9,839 $765,000 $191,250 $573,750
2016 $7,358 $572,956 $171,885 $401,071
2015 $7,068 $564,352 $169,304 $395,048
2014 $6,988 $553,299 $165,989 $387,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-180544PS

The MLS

APN: 508-352-011