NOT LISTED FOR SALE

Estimated Value: $1,933,000 - $2,690,000

4 Beds
5.5 Baths
3,600 Sq Ft
$656/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,925,000 $535 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,855/month

19 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Maid or Guest Quarters
  • Palm Springs High School Rated A-
  • Panoramic View
  • Lawn

About This Home

As of May 2021

Welcome to the Oasis in Palm Springs. This is a 'One of a kind Palm Springs masterpiece". This property blends a pop minimalist vibe with a swanky gallery-esque. style in a desert spa oasis. Walk through this colorful palate of vibrant mood setting rooms, spatial settings and outdoor artistically designed landscape with stunning mountain views and delightful cactus gardens. This unique property is basically a brand new home. The property was gutted down to the studs and rebuilt. There were additions of 1600 square feet to the existing structure making the total size approximately 3600 sq ft. The main house has 3 master on-suites with a hip modern kitchen with teak custom cabinets and high end stainless steel appliances. The home has cool modern lighting fixtures on dimmer switches and high end finishing's throughout. The back house is a one bed one bath "Casita" with a cool private back patio. There is open floor concepts throughout the property. There are large custom aluminum sliders providing a nice indoor outdoor feel. This gem has too many features to list tem all. There is an outdoor kitchen and beverage bar. This is a fantastic home for entertaining. There are several outdoor seating areas with three different outdoor fire pits with amazing unobstructed mountain views with out any power lines. The pool and oversized spa are brand new with desert colored pebble tech and high end all new equipment.. Enjoy and spread out on the nice large green lawns The developer added a 500 sq ft outdoor covered patio and a 1200 sq ft car port with stylish natural tongue and groove ceilings and recessed lighting. There is a separate spacious laundry room. There is all new HVAC systems and tank-less water heaters throughout. The home has all new electric wiring and panels. There is a new roof and all new hardscape concrete. Come check out and relax at this private secluded desert spa.

Last Agent to Sell the Property

RICHARD MARTINEZ

Richard Martinez, Broker License #01791304 Listed on: 04/22/2021

Last Buyer's Agent

Timothy Oyler

Nationwide Real Estate Execs License #01937139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,108

Year Built

  • Built in 1972

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 1 Car Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Pool

Home Design

  • Patio Home

Interior Spaces

  • 3,600 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Permits for Pool

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 11003

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,108

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3600.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 534.72
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Laundry, Living Room, Two Masters, Walk-In Closet

Exterior Features

  • View: Desert, Mountain(s), Panoramic, Pool
  • Pool Features: Private, Heated, Gas Heat, In Ground, Permits
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Sidewalks

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Greenbelt, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Patio Home, Rocks, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 16553.00
  • Lot Size Acres: 0.3800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16553.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 011003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 12, 2021
Sold by
543 Miraleste Llc
Bought by
Berrios Jorge
Seller's Agent
RICHARD MARTINEZ
Richard Martinez, Broker
Buyer's Agent
Timothy Oyler
Nationwide Real Estate Execs
List Price
$1,950,000
Sold Price
$1,925,000
Premium/Discount to List
-$25,000
-1.28%
Current Estimated Value
$2,360,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,613
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Nov 8, 2017
Sold by
Hays Jeffrey A
Bought by
543 Miraleste Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,400
Interest Rate
3.9%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 14, 2007
Sold by
Hays Jeffrey A
Bought by
Hays Jeffrey A and Weber William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,979
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2001
Sold by
Kraus Richard E
Bought by
Hays Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
7.06%

Purchase Details

Closed on
Mar 9, 2000
Sold by
E Kraus Richard E Family Trust & Rich
Bought by
Kraus Richard E and The Richard E Kraus Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Berrios Jorge $1,925,000 Western Resources Title
543 Miraleste Llc $683,500 Lawyers Title Company
Hays Jeffrey A -- Landsafe Title Regina Tucker
Hays Jeffrey A $370,000 Orange Coast Title
Kraus Richard E -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 543 Miraleste Llc $1,200,000
Previous Owner 543 Miraleste Llc $980,400
Previous Owner Hays Jeffrey A $25,000
Previous Owner Hays Jeffrey $273,500
Previous Owner Hays Jeffrey A $199,979
Previous Owner Hays Jeffrey A $140,000
Previous Owner Hays Jeffrey A $300,700
Previous Owner Hays Jeffrey A $351,500
Previous Owner Kraus Richard E $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $1,925,000 -1.3% $535 / Sq Ft
04/22/2021 04/22/21 For Sale $1,950,000 +185.3% $542 / Sq Ft
01/11/2018 01/11/18 Sold $683,400 -7.5% $228 / Sq Ft
08/18/2017 08/18/17 Price Changed $739,000 -2.6% $246 / Sq Ft
06/08/2017 06/08/17 Price Changed $758,500 -0.1% $253 / Sq Ft
05/31/2017 05/31/17 Price Changed $759,000 -2.4% $253 / Sq Ft
05/03/2017 05/03/17 Price Changed $778,000 +0.4% $259 / Sq Ft
02/26/2017 02/26/17 Price Changed $775,000 -3.0% $258 / Sq Ft
01/13/2017 01/13/17 For Sale $799,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,108 $2,083,678 $160,739 $1,922,939
2023 $25,108 $2,002,769 $154,499 $1,848,270
2022 $25,624 $1,963,500 $151,470 $1,812,030
2021 $10,539 $796,372 $237,062 $559,310
2020 $9,297 $711,007 $234,632 $476,375
2019 $9,194 $697,067 $230,032 $467,035
2018 $6,283 $489,977 $198,638 $291,339
2017 $6,471 $480,371 $194,744 $285,627
2016 $6,282 $470,953 $190,926 $280,027
2015 $6,036 $463,881 $188,059 $275,822
2014 $5,696 $454,796 $184,376 $270,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21068756

California Regional Multiple Listing Service (CRMLS)

APN: 507-030-023