$2,495,000
SOLD MAR 25, 2014
5 Beds
5.5 Baths
5,922 Sq Ft
0.4 Acres

Recently Sold

$421 Per Sq Ft

11% Below List Price

113 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Palm Springs High School Rated A-
  • Gourmet Kitchen
  • Custom Home

About This Home

As of April 2018

Walk thru the stunning chrome riveted gates to discover this comprehensively renovated Contemporary art collectors home, a self -contained 5922 sq. ft. compound on nearly half of an acre with ultimate privacy and remarkable mountain views. This Old Las Palmas estate rich in history completed an extensive remodel just a year ago. Known by many as The Henry Kissinger house and originally designed by famed architect Hugh Kaptur plays direct neighbor to both the famous Kirk Douglas and Dinah Shore Estates. The property has now been brilliantly and thoughtfully re-sculptured with the finest of materials and custom workmanship for today's living with no attention to detail overlooked or expense spared. The chef's kitchen has high end appliances including SubZero, Wolf, and Miele. The west guest wing has lots of open space and luxury living. The guest apartment has its own living room, bedroom, kitchenette, bathroom and separate entrance.

Last Agent to Sell the Property

Gayle DeWitt

Coldwell Banker Realty License #01442811 Listed on: 11/19/2013

Co-Listed By

Tom DeWitt

Coldwell Banker Realty License #01467319

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,179

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • North Facing Home
  • Fenced
  • Stucco Fence
  • Level Lot
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 5,922 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • See Through Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Mountain Views
  • Security System Leased

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Community Details

  • Old Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505252003

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,179

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Old Las Palmas
  • Building Style: Modern
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Stove, refrigerator, microwave, Miele coffee system, washer, dryer, wine cooler, bar ice maker
  • List Price per Sq Ft: 471.97
  • Lp Sp Ratio: 0.8927
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1963
  • Co Listing Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Co Listing Member Fax: (760) 406-6128
  • Co Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 325-4578
  • Listing I D: 213004281
  • Listing Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Member Fax: (760) 406-6128
  • Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4578
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Ice Maker - Standalone, Washer, Refrigerator, Disposal, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: See Through, Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite
  • Total Bedrooms: 5
  • Bathroom Features: Remodeled, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Formal Dining Room, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Remodeled, Marble Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 5922.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built
  • Roofing: Composition, Shingle
  • Fencing: Stucco Wall
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Dual
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Closed Circuit Camera(s), Security System Leased
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505252003
  • Irrigation: Sprinkler System
  • Lot Acres: 0.4000
  • Lot Description: Fenced, Level, Front Yard
  • Lot Size: 17424.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
Mar 27, 2018
Sold by
Luckman Denise A
Bought by
Galas Thomas and Galas Patricia
Seller's Agent
John Campbell
Keller Williams Luxury Homes
Buyer's Agent
Jacquelyn Storm
Cameron Realty Group
List Price
$2,275,000
Sold Price
$2,500,000
Premium/Discount to List
$225,000
9.89%
Total Days on Market
113
Current Estimated Value
$4,462,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,962,960
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Dec 19, 2016
Sold by
Luckman Denise
Bought by
Luckman Denise A and Charles & Denise Luckman Trust

Purchase Details

Listed on
Nov 19, 2013
Closed on
Mar 5, 2014
Sold by
Bates Bradford Wayne and Hall Douglas Deane
Bought by
Luckman Denise and The Charles & Denise Luckman Trust
Seller's Agent
Gayle DeWitt
Coldwell Banker Realty
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$2,795,000
Sold Price
$2,495,000
Premium/Discount to List
-$300,000
-10.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Elsner Robert H and Elsner Nancy L
Bought by
Bates Bradford Wayne and Hall Douglas Deane

Purchase Details

Closed on
Feb 10, 2006
Sold by
Elsner Robert H and Elsner Nancy L
Bought by
Elsner Robert H and Elsner Nancy L

Purchase Details

Closed on
Apr 21, 2003
Sold by
Elsner Robert H and Elsner Nancy L
Bought by
Elsner Robert H and Elsner Nancy L

Purchase Details

Closed on
Feb 12, 2002
Sold by
Neal Robert M
Bought by
Elsner Robert H and Elsner Nancy L

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
6.8%

Purchase Details

Closed on
Dec 6, 2000
Sold by
Bazak Ilan
Bought by
Neal Robert M and The Robert M Neal Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 1999
Sold by
Cohen Hazel D
Bought by
Bazak Ilan

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
3.95%

Purchase Details

Closed on
Dec 3, 1999
Sold by
Bazak Ronit
Bought by
Bazak Ilan

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
3.95%
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 Type Sale Price Title Company
Grant Deed $2,500,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $2,495,000 Equity Title Orange County-I
Grant Deed $1,275,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,312,500 First American Title Co
Grant Deed $1,200,000 First American Title Co
Grant Deed $900,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,000 Credit Line Revolving
Previous Owner $806,750 Unknown
Previous Owner $743,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $650,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $650,000 No Value Available
Previous Owner $44,346 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $2,500,000 +9.9% $422 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $2,275,000 -8.8% $384 / Sq Ft
03/25/2014 03/25/14 Sold $2,495,000 -10.7% $421 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $2,795,000 -- $472 / Sq Ft
Source: California Desert 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
2023 $34,179 $2,734,113 $956,939 $1,777,174
2022 $34,883 $2,680,504 $938,176 $1,742,328
2021 $34,163 $2,627,946 $919,781 $1,708,165
2020 $32,593 $2,601,000 $910,350 $1,690,650
2019 $32,020 $2,550,000 $892,500 $1,657,500
2018 $33,753 $2,688,035 $808,026 $1,880,009
2017 $33,181 $2,635,330 $792,183 $1,843,147
2016 $32,258 $2,583,657 $776,650 $1,807,007
2015 $31,044 $2,544,850 $764,985 $1,779,865
2014 $16,533 $1,332,529 $466,385 $866,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213004281

California Desert Association of REALTORS®

APN: 505-252-003