NOT LISTED FOR SALE

Estimated Value: $728,892 - $1,011,000

2 Beds
1.5 Baths
1,016 Sq Ft
$856/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $599,900 $590 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,333/month

20 Days on Market

Highlights

  • Guest House
  • Senior Community
  • Mountain View
  • Heated In Ground Pool
  • All Bedrooms Downstairs
  • Spanish Architecture

About This Home

As of February 2018

The spirit of Old California has been brought back to its former glory in this renovated 1936 Spanish-style beauty. Located in the historic Movie Colony East neighborhood, just blocks away from Ruth Hardy Park and downtown Palm Springs, it demonstrates an acute sense of authentic design and detail in every area, both inside and out. Features which include a newly installed privacy wall, a remodeled quaint casita conversion with an additional bedroom and bathroom, a newly installed saltwater pool with Santa Barbara-influenced fountain display, two large wood-burning fireplaces to gather around, tastefully designed landscaped grounds, a well-appointed kitchen with stainless steel appliances, excellent bedroom separation, restored bathrooms modernized skillfully, exceptional interior and exterior surfaces, and inviting entertaining areas in the living area and patio make this a property you will not forget.

Last Agent to Sell the Property

Mike Patakas

Douglas Elliman of California, Inc. License #01264926 Listed on: 12/08/2017

Co-Listed By

Maria Patakas

Douglas Elliman of California, Inc. License #01785498

Last Buyer's Agent

Lee Arnold

Benchmark Property Management License #01440588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,405

Year Built

  • Built in 1936

Lot Details

  • 5,663 Sq Ft Lot
  • Home has East and West Exposure
  • Privacy Fence
  • Stucco Fence
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 1,016 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Double Sided Fireplace
  • Brick Fireplace
  • French Doors
  • Tile Flooring
  • Mountain Views
  • Prewired Security
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Remodeled Bathroom

Parking

  • 2 Car Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Outdoor Shower

Additional Features

  • Guest House
  • Central Air

Community Details

  • Senior Community
  • Movie Colony East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507292017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,405

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: One
  • Builders Tract Code: Movie Colony East
  • Building Number Of Stories: 2
  • Building Style: Spanish
  • Included In Sale: Furnshings per Seller inventory may be made available outside escrow.
  • List Price per Sq Ft: 590.45
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1936
  • Co Listing Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Listing I D: 217033054
  • Listing Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Selling Office Address: 100 E. San Marcos Blvd. #400, Lee Arnold, San Marcos, CA 92069
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Movie Colony East
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Microwave Oven, Gas Oven, Gas Range
  • Fireplace: Yes
  • Fireplace Location: Dual Fireplace(s)
  • Fireplace Features: Brick
  • Flooring: Spanish Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1016.00

Exterior Features

  • Other Structures: Outside Shower, Guest House/Casita
  • Roofing: Tile
  • Fencing: Privacy, Stucco Wall
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Parking: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Security: Prewired For Alarm
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Senior Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507292017
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1300
  • Lot Description: Rectangular Lot
  • Lot Size: 5663.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jan 3, 2018
Sold by
Magnuson Teryle and Magnuson Tenille
Bought by
Catalfamo Bethany and Catalfamo Mark
Seller's Agent
Mike Patakas
Douglas Elliman of California, Inc.
Buyer's Agent
Lee Arnold
Benchmark Property Management
List Price
$599,000
Sold Price
$599,900
Premium/Discount to List
$900
0.15%
Current Estimated Value
$869,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,823
Avg. Annual Appreciation
5.53%
Original Mortgage
$449,925
Outstanding Balance
$381,446
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$522,319

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jul 10, 2012
Sold by
Burkhart Herny F and Burkhart Joyce Ann
Bought by
Magnuson Teryle and Magnuson Tenille
Seller's Agent
John Miller
Coldwell Banker Residential Brokerage
Buyer's Agent
Mike Patakas
Keller Williams Luxury Homes
List Price
$299,000
Sold Price
$239,000
Premium/Discount to List
-$60,000
-20.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Jun 1, 2010
Sold by
Schweidler Robert W
Bought by
Burkhart Henry F and Burkhart Joyce Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.71%
Mortgage Type
New Conventional
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
Catalfamo Bethany $600,000 Lawyers Title Ie
Magnuson Teryle $239,000 Advantage Title Inc
Burkhart Henry F $230,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catalfamo Bethany $449,925
Previous Owner Burkhart Henry F $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $599,900 0.0% $590 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/08/2017 12/08/17 Price Changed $599,900 +0.2% $590 / Sq Ft
12/08/2017 12/08/17 For Sale $599,000 +150.6% $590 / Sq Ft
07/10/2012 07/10/12 Sold $239,000 0.0% $260 / Sq Ft
06/11/2012 06/11/12 Price Changed $239,000 -20.1% $260 / Sq Ft
04/29/2012 04/29/12 For Sale $299,000 +25.1% $325 / Sq Ft
04/27/2012 04/27/12 Off Market $239,000 -- --
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
2025 $8,405 $682,578 $204,807 $477,771
2023 $8,405 $656,074 $196,855 $459,219
2022 $8,574 $643,211 $192,996 $450,215
2021 $8,401 $630,600 $189,212 $441,388
2020 $8,024 $624,135 $187,272 $436,863
2019 $7,886 $611,898 $183,600 $428,298
2018 $3,825 $285,711 $77,595 $208,116
2017 $3,770 $280,110 $76,074 $204,036
2016 $3,663 $274,619 $74,583 $200,036
2015 $3,510 $270,495 $73,463 $197,032
2014 $3,459 $265,198 $72,025 $193,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217033054

California Desert Association of REALTORS®

APN: 507-292-017