NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,089,000

3 Beds
2 Baths
1,491 Sq Ft
$643/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $540,000 $362 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,776/month

206 Days on Market

About This Home

As of March 2015

Reduced!! This light, bright and airy Gable roof design has vaulted ceilings and a massive fireplace anchoring the great room. Jaw dropping mountain views are from the patios and many rooms of this 1959 Alexander which has been expanded up to 1491 SF of living space. The extended 266 square footage is in keeping with the original architectural design built by the Alexander construction company. Clerestory windows are in the Living, Kitchen and dining rooms which give this Alexander the WOW FACTOR. The living area is very spacious with sliders to the pool and patio area. A large salt water pool is just steps away from the custom built shade structure for outdoor entertaining. A soft water system was added to the home as well. Easy care landscape and citrus trees enhance the grounds. Desirable North/South exposure. Fantastic vacation rental possibility.

Last Agent to Sell the Property

Robert Parham

HomeSmart Professionals License #01318038 Listed on: 08/17/2014

HomeSmart Professionals

Last Buyer's Agent

Alan Bloom

AC Eagle Corporation License #01469766

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,005

Year Built

1959

Lot Details

0

Listing Details

  • Active Date: 2015-02-20
  • Full Bathroom: 2
  • Building Size: 1491.0
  • Building Structure Style: Mid Century
  • Driving Directions: Head East on Francis from Indian Canyon. House is on the left side of the street.
  • Full Street Address: 455 E FRANCIS DR
  • Primary Object Modification Timestamp: 2015-04-14
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Advertising Remarks: Reduced!! This light, bright and airy Gable roof design has vaulted ceilings and a massive fireplace anchoring the great room. Jaw dropping mountain views are from the patios and many rooms of this 1959 Alexander which has been expanded up to 1491 SF of
  • Total Bedrooms: 3
  • Builders Tract Code: 5140
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: Yes
  • Fireplace Rooms: Living Room
  • Laundry: Inside
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10454
  • Common Walls: Attached
  • Patio: Covered Porch

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2014
Closed on
Mar 12, 2015
Sold by
Mothersbaugh Mark A and Greenspan Anita
Bought by
Murphy Clay
Seller's Agent
Robert Parham
HomeSmart Professionals
Buyer's Agent
Alan Bloom
AC Eagle Corporation
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%
Current Estimated Value
$958,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,927
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Hamlin Sheryl
Bought by
Mothersbaugh Mark A and Greenspan Anita

Purchase Details

Closed on
Jun 3, 2004
Sold by
Lumerman Robert L
Bought by
Hamlin Sheryl

Purchase Details

Closed on
Aug 26, 2003
Sold by
Lumerman Jody
Bought by
Lumerman Robert

Purchase Details

Closed on
Apr 21, 2003
Sold by
Herschensohn Jean
Bought by
Lumerman Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 8, 1998
Sold by
Grau Herbert Stanley
Bought by
Herschensohn Jean and Connolly Jean

Purchase Details

Closed on
Jun 5, 1995
Sold by
Grau Herbert Stanley
Bought by
Grau Herbert Stanley and Herschensohn Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,080
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 1995
Sold by
Hud
Bought by
Grau Herbert Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,080
Interest Rate
8.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1994
Sold by
Snyder Bill J and Snyder Roland E
Bought by
Hud
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
Murphy Clay $540,000 Stewart Title Of Ca Inc
Mothersbaugh Mark A $595,000 United Title Company
Hamlin Sheryl $375,000 Fidelity National Title Co
Lumerman Robert -- Fidelity National Title Co
Lumerman Robert L $270,000 Fidelity National Title Co
Herschensohn Jean -- --
Grau Herbert Stanley -- --
Grau Herbert Stanley $50,000 First Southwestern Title Co
Hud $109,173 Union Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lumerman Robert L $216,000
Previous Owner Grau Herbert Stanley $49,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $540,000 -2.7% $362 / Sq Ft
03/14/2015 03/14/15 Price Changed $555,000 -0.9% $372 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
02/05/2015 02/05/15 Price Changed $560,000 -3.3% $376 / Sq Ft
01/31/2015 01/31/15 Price Changed $579,000 -1.4% $388 / Sq Ft
11/24/2014 11/24/14 Price Changed $587,000 -1.3% $394 / Sq Ft
10/31/2014 10/31/14 For Sale $595,000 0.0% $399 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/17/2014 08/17/14 For Sale $595,000 -- $399 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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 $8,005 $648,990 $194,695 $454,295
2023 $8,005 $623,791 $187,136 $436,655
2022 $8,165 $611,561 $183,467 $428,094
2021 $8,001 $599,570 $179,870 $419,700
2020 $7,643 $593,423 $178,026 $415,397
2019 $7,511 $581,788 $174,536 $407,252
2018 $7,371 $570,381 $171,114 $399,267
2017 $7,263 $559,198 $167,759 $391,439
2016 $7,051 $548,234 $164,470 $383,764
2015 $6,797 $542,000 $108,000 $434,000
2014 $6,164 $486,000 $97,000 $389,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-786631PS

APN: 501-051-004