NOT LISTED FOR SALE

478 Camino Sur Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $6,372,000 - $7,850,000

6 Beds
8.5 Baths
8,031 Sq Ft
$881/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $5,200,000 $647 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $43,178/month

33 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Sauna
  • Palm Springs High School Rated A-
  • Cabana
  • Garage Apartment

About This Home

As of December 2020

Positioned within a 1-acre, walled compound in exclusive Old Las Palmas, this enchanting 8,000 sq ft Mediterranean villa features a wealth of bygone charm. Originally restored with exquisite detail by owner/designer Stephen Chase, it captures the charm of a gracious hacienda. An expansive entry with vaulted-beam ceiling leads to a splendid, sky lit living room with carved fireplace. The estate offers a formal dining room, separate dining galleria, large family room with walk-in bar, cooks kitchen, secondary family room with stone floor, and loft space accessed by circular stairs. Accommodations also comprise 2 guest bedrooms with en-suite baths and a grand, sun-drenched, Master suite with sitting rooms and separate baths. This property offers a fusion of indoor and outdoor living with entertainment areas that swirl gracefully. There are 4 fireplaces, 2 self-contained guesthouses and separate staff wing. Outdoor features a large pool, kitchen, spa/sauna and tennis court.

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 09/14/2020

Bennion Deville Homes

Co-Listed By

Ron de Salvo

Compass License #00576209

Last Buyer's Agent

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 09/14/2020

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,370

Year Built

  • Built in 1930

Lot Details

  • 1.15 Acre Lot
  • South Facing Home
  • Gated Home
  • Block Wall Fence
  • Sprinkler System
  • Historic Home
  • Property is zoned R1A

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Garage Apartment
  • Auto Driveway Gate

Property Views

  • Mountain
  • Pool

Home Design

  • Spanish Architecture
  • Interior Block Wall
  • Clay Roof
  • Stucco

Interior Spaces

  • 8,031 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights in Kitchen
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Loft
  • Sauna
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Brick
  • Stone
  • Pavers

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower

Pool

  • Cabana
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Enclosed Glass Porch
  • Open Patio
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 505-202-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,370

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 5650
  • Entry Location: Main Level
  • Living Area: 8031
  • Lot Acreage: 1.1500
  • Probate: No
  • Stories: 1
  • Year Built: 1930
  • Builders Tract Name: Old Las Palmas
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Wet Bar, Block Walls, Bar, Beamed Ceiling(s)
  • Fireplace Rooms: Living Room, Dining, Master Retreat
  • Flooring: Wood, Pavers, Brick, Stone, Mixed
  • Appliances: Range Hood, Range, Cooktop - Gas, Gas Grill
  • Bedrooms: 6
  • Fireplaces: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, Master Retreat, Master Suite, WalkInCloset, Dressing Area
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Powder Room, Shower Stall
  • Three Quarter Bathrooms: 7
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island, Formal Dining Rm
  • Kitchen Features: Granite Counters, Remodeled, Open to Family Room, Pantry, Skylight(s)
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Alarm System, Bar Ice Maker, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 740.88

Exterior Features

  • Direction Faces: South
  • Construction: Block, Stucco
  • Other Features: Historical
  • Other Structures: GuestHouse, Cabana
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Fence: Block
  • Guest House: Detached
  • Patio: Covered Porch
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Private, In Ground
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Gated, Private, Driveway Gate

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central, Forced Air
  • Security: Gated, Automatic Gate
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 505-202-017
  • Lot Size Area: 50094

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Dec 9, 2020
Sold by
Katz Family Trust and Katz Bennett R
Bought by
Ninety Ten Trust and Groffman
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Patrick Jordan
Bennion Deville Homes
List Price
$5,950,000
Sold Price
$5,200,000
Premium/Discount to List
-$750,000
-12.61%
Total Days on Market
33
Current Estimated Value
$7,078,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,878,214
Avg. Annual Appreciation
7.06%
Original Mortgage
$2,750,280
Outstanding Balance
$2,482,179
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,568,314

Purchase Details

Listed on
Sep 14, 2020
Closed on
Dec 7, 2020
Sold by
Katz Bennett R and The Katz Family Trust
Bought by
Groffman Elliot and The Ninety Ten Trust
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Patrick Jordan
Bennion Deville Homes
List Price
$5,950,000
Sold Price
$5,200,000
Premium/Discount to List
-$750,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,280
Outstanding Balance
$2,482,179
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,568,314

Purchase Details

Closed on
Apr 2, 2003
Sold by
Burkle Ronald W
Bought by
Katz Bennett R and Katz Suzy D
Source: Public Records

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Range of Values:

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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
Ninety Ten Trust $5,200,000 Orange Coast Title
Groffman Elliot $5,200,000 Orange Coast Title Company
Katz Bennett R $2,350,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ninety Ten Trust $2,750,280
Closed Groffman Elliot $2,750,280
Previous Owner Katz Bennett R $1,000,000
Previous Owner Katz Bennett R $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $5,200,000 -12.6% $647 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $5,950,000 -- $741 / 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
2023 $67,370 $5,410,080 $1,893,528 $3,516,552
2022 $68,762 $5,304,000 $1,856,400 $3,447,600
2021 $67,337 $5,200,000 $1,820,000 $3,380,000
2020 $38,123 $3,045,924 $913,771 $2,132,153
2019 $37,452 $2,986,201 $895,854 $2,090,347
2018 $36,739 $2,927,649 $878,290 $2,049,359
2017 $36,192 $2,870,245 $861,069 $2,009,176
2016 $35,110 $2,813,967 $844,186 $1,969,781
2015 $33,791 $2,771,700 $831,506 $1,940,194
2014 $33,495 $2,717,409 $815,219 $1,902,190
Source: Public Records

Agents Affiliated with this Home

  • Patrick Jordan

    Seller's Agent in 2020

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    13 in this area

    285 Total Sales

    Patrick Jordan
    Section Image
  • Ron de Salvo

    Seller Co-Listing Agent in 2020

    Ron de Salvo

    Compass

    (310) 560-9388

    Section Image
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Map

Source: The MLS

MLS Number: 20-608162

The MLS

APN: 505-202-017

California Riverside County Palm Springs 92262 Old Las Palmas

478 Camino Sur, Palm Springs, CA

This home is located at 478 Camino Sur, Palm Springs, CA 92262 since 14 September 2020 and is currently estimated at $7,078,214, approximately $881 per square foot. This property was built in 1930. 478 Camino Sur is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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