NOT LISTED FOR SALE

507 N Avenida Caballeros Palm Springs, CA 92262

The Movie Colony Neighborhood

Estimated Value: $1,433,000 - $2,049,000

3 Beds
3 Baths
2,315 Sq Ft
$712/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,350,000 $583 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,232/month

5 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Fireplace in Primary Bedroom

About This Home

As of August 2021

The House of Shag, Classic 1960's Movie Colony. A linear and modern profile reveals a chic entrance to a double door entry and a seamless flow to light filled spaces, opening to generous grounds with terrace and pool sited to capture mountain views. A casual sophisticated modern vibe features authentic period detailing, the intact kitchen includes a mix of vintage and contemporary appliances with a mid century nod, polished terrazzo floors throughout. Living and dining room have nice separation from the private bedroom wing. The residence features 3 bedrooms and 3 baths, a generous primary en-suite features a fireplace and updated bathroom, enjoying access to a private garden. Walled and gated for privacy, minutes from downtown Palm Springs, bike or walk to restaurants and shopping. This gem is ready to take to the next level

Last Agent to Sell the Property

Marc Sanders

Compass License #01888083 Listed on: 07/02/2021

Compass

Last Buyer's Agent

Joseph Babineaux

Windermere Real Estate License #01924348

Windermere Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,471

Year Built

  • Built in 1961

Lot Details

  • 10,454 Sq Ft Lot
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Terrazzo Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom

Parking

  • 3 Parking Spaces
  • Carport
  • Driveway

Pool

  • In Ground Pool
  • Gunite Pool

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 507-213-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,471

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 5620
  • Living Area: 2315
  • Lot Acreage: 0.2400
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1961
  • Builders Tract Name: Movie Colony
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Terrazzo
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 496.33

Exterior Features

  • Other Structures: None
  • Pool Description: Gunite, In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 507-213-007
  • Lot Size Area: 10454

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 14, 2021
Sold by
M Modern Gallery Inc
Bought by
Cooper Robert D and Cooper Catherine E
Seller's Agent
Marc Sanders
Compass
Buyer's Agent
Joseph Babineaux
Windermere Real Estate
List Price
$1,149,000
Sold Price
$1,350,000
Premium/Discount to List
$201,000
17.49%
Current Estimated Value
$1,647,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,145
Avg. Annual Appreciation
3.87%
Original Mortgage
$945,000
Outstanding Balance
$862,407
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$714,891

Purchase Details

Closed on
Oct 21, 2014
Sold by
M Modern Llc
Bought by
M Modern Gallery Inc

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
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2012
Sold by
Mcloughlin Kerry S
Bought by
M Modern Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2011
Sold by
Rodriguez Victor R
Bought by
Mcloughlin Kerry S

Purchase Details

Closed on
Apr 8, 1999
Sold by
Loris Feavel
Bought by
Rodriguez Victor R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1994
Sold by
Loris Feavel Wolfe
Bought by
Feavel Loris
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cooper Robert D $1,350,000 Orange Coast Ttl Co Of Socal
M Modern Gallery Inc -- North American Title Co
M Modern Llc $550,000 Lawyers Title Company
Mcloughlin Kerry S -- Lawyers Title
Rodriguez Victor R $164,000 First American Title Co
Feavel Loris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Robert D $945,000
Previous Owner M Modern Gallery Inc $900,000
Previous Owner M Modern Gallery Inc $200,000
Previous Owner M Modern Llc $400,000
Previous Owner Rodriguez Victor $149,900
Previous Owner Rodriguez Victor R $684,000
Previous Owner Rodriguez Victor R $85,500
Previous Owner Rodriguez Victor R $133,000
Previous Owner Rodriguez Victor R $580,000
Previous Owner Rodriguez Victor R $72,500
Previous Owner Rodriguez Victor R $145,000
Previous Owner Rodriguez Victor R $580,000
Previous Owner Rodriguez Victor R $65,000
Previous Owner Rodriguez Victor R $468,750
Previous Owner Rodriguez Victor R $412,500
Previous Owner Rodriguez Victor R $75,000
Previous Owner Rodriguez Victor R $11,000
Previous Owner Rodriguez Victor R $240,000
Previous Owner Rodriguez Victor R $131,200
Closed Rodriguez Victor R $32,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $1,350,000 +17.5% $583 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $1,149,000 -- $496 / 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 $17,471 $1,443,033 $241,424 $1,201,609
2023 $17,471 $1,387,000 $232,050 $1,154,950
2022 $17,701 $1,350,000 $227,500 $1,122,500
2021 $8,338 $625,699 $206,479 $419,220
2020 $7,964 $619,284 $204,362 $414,922
2019 $7,827 $607,142 $200,355 $406,787
2018 $7,681 $595,238 $196,428 $398,810
2017 $7,568 $583,568 $192,577 $390,991
2016 $7,347 $572,126 $188,801 $383,325
2015 $7,058 $720,000 $252,000 $468,000
2014 $6,978 $552,496 $182,324 $370,172
Source: Public Records

Agents Affiliated with this Home

  • Marc Sanders

    Seller's Agent in 2021

    Marc Sanders

    Compass

    (760) 218-1999

    1 in this area

    77 Total Sales

    Marc Sanders
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-752764

The MLS

APN: 507-213-007

California Riverside County Palm Springs 92262 The Movie Colony

507 N Avenida Caballeros, Palm Springs, CA

This home is located at 507 N Avenida Caballeros, Palm Springs, CA 92262 since 02 July 2021 and is currently estimated at $1,647,145, approximately $711 per square foot. This property was built in 1961. 507 N Avenida Caballeros is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.
Information is deemed reliable but not guaranteed.

Nearby Homes