$1,100,000
SOLD DEC 4, 2012
5 Beds
4 Baths
3,377 Sq Ft
0.4 Acres

Recently Sold

$326 Per Sq Ft

8% Below List Price

40 Days on Market

About This Home

As of July 2019

Great Old Las Palmas estate with tons of upgrades. Immaculate and move in ready, this home offers 5 bedrooms and 4 baths. The private Master suite overlooks the large pool/patio area. Offering outstanding Mt. San Jacinto mountain range views, this fully walled and gated estate offers lush landscaping and affords amazing privacy. The 5 bedrooms are all generously proportioned, with only 2 sharing a bat, all other bedrooms are en-suite. Ample storage, 2 car attached garage and large but unobtrusive side drive for RV or extra vehicles. Other special features include built ins, marble fireplace, updated kitchen with quality appliances & granite counters--even a charming Dutch door. Fresh paint and carpets, nice formal entry and a premier Old Las Palmas location make this an incredible 2nd home/retreat or a great primary home. Close to retail shops, casual and upscale eateries, coffee houses and Palm Springs International Airport. Not a thing to do but move in, unpack and enjoy.

Last Agent to Sell the Property

Scott Histed

Bennion Deville Homes License #01031722 Listed on: 09/25/2012

Bennion Deville Homes

Last Buyer's Agent

Scott Histed

License #01031722

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,536

Year Built

1951

Lot Details

0

Listing Details

  • Cross Street: PATENCIO
  • Entry Location: Ground Level - no steps
  • Active Date: 2012-09-25
  • Full Bathroom: 4
  • Building Size: 3377.0
  • Building Structure Style: Ranch
  • Doors: French Doors
  • Driving Directions: From Palm Canyon, head west on Via Lola to end, house is on SE corner of Via Lola and Patencio.
  • Full Street Address: 555 W Via Lola
  • Lot Size Acres: 0.4
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2015-10-01
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Private Spa
  • Tax Legal Lot Number: 7
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Bathroom Features: Double Vanity(s), Tub With Jets
  • Eating Areas: Breakfast Nook, Dining Ell
  • Appliances: Built-In Gas, Convection Oven, Microwave
  • Advertising Remarks: Great Old Las Palmas estate with tons of upgrades. Immaculate and move in ready, this home offers 5 bedrooms and 4 baths. The private Master suite overlooks the large pool/patio area. Offering outstanding Mt. San Jacinto mountain range views, this fully w
  • Total Bedrooms: 5
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Interior Amenities: Recessed Lighting, Wet Bar
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: In Kitchen
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 17424
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces West
  • Entry Floor: 1
  • Other Features: Custom Built
  • Patio: Rock, Stone, Slab
  • Fence: Block Wall
  • Windows: Custom Window Covering, Window Shutters
  • Roofing: Spanish Clay Tile
  • Water: Water District

Garage/Parking

  • Parking Features: Driveway, Gated
  • Parking Type: Garage, Garage - Two Door, Parking for Guests - Onsite

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Front, Rear, Side, Sprinkler Timer
  • Cooling Type: Central A/C, Dual, Ceiling Fan(s)
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jun 7, 2019
Sold by
Choate Jeffrey E
Bought by
Mcdonald Christopher A and Mcdonald Dana
Seller's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$2,695,000
Sold Price
$2,475,000
Premium/Discount to List
-$220,000
-8.16%
Current Estimated Value
$3,543,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,068
Avg. Annual Appreciation
6.21%
Original Mortgage
$356,250
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2014
Sold by
Choate Jeffrey E
Bought by
Choate Jeffrey E and Jeffrey E Choate Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 25, 2012
Closed on
Nov 14, 2012
Sold by
Younkheere Marianne M
Bought by
Choate Jeffrey E and Jeffrey E Choate Revocable Living Trust
Seller's Agent
Scott Histed
Bennion Deville Homes
Buyer's Agent
Scott Histed
Bennion Deville Homes
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
May 20, 2011
Sold by
Younkheere Marianne M
Bought by
Younkheere Marianne M and Marianne M Younkheere Trust

Purchase Details

Closed on
Dec 17, 2010
Sold by
Kirchgessner Nicholas Thomas and Warren James
Bought by
Younkheere Marianne

Purchase Details

Closed on
May 24, 2005
Sold by
Fitzgerald Nancy Balik
Bought by
Kirchgessner Nicholas Thomas and Warren James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 2003
Sold by
Fitzgerald Nancy B
Bought by
Fitzgerald Nancy Balik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2003
Sold by
Fitzgerald John E
Bought by
Fitzgerald Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
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 $2,475,000 Chicago Title Inland Empire
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $1,100,000 Investors Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $795,000 Chicago Title
Grant Deed $1,150,000 Oct
Interfamily Deed Transfer -- Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,750,000 New Conventional
Closed $356,250 Credit Line Revolving
Previous Owner $1,500,000 New Conventional
Previous Owner $750,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,170,000 Negative Amortization
Previous Owner $205,000 Credit Line Revolving
Previous Owner $115,000 Credit Line Revolving
Previous Owner $920,000 Fannie Mae Freddie Mac
Previous Owner $190,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Sold $2,475,000 -8.2% $612 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $2,695,000 +145.0% $667 / Sq Ft
12/04/2012 12/04/12 Sold $1,100,000 -4.3% $326 / Sq Ft
11/04/2012 11/04/12 Pending -- -- --
10/31/2012 10/31/12 Price Changed $1,149,000 -3.8% $340 / Sq Ft
09/25/2012 09/25/12 For Sale $1,195,000 -- $354 / Sq Ft
Source: Palm Springs Regional 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 $32,536 $4,757,356 $656,186 $4,101,170
2023 $32,536 $2,601,665 $630,706 $1,970,959
2022 $33,206 $2,550,653 $618,340 $1,932,313
2021 $32,521 $2,500,641 $606,216 $1,894,425
2020 $31,027 $2,475,000 $600,000 $1,875,000
2019 $18,413 $1,464,244 $425,000 $1,039,244
2018 $18,062 $1,435,534 $416,667 $1,018,867
2017 $17,793 $1,407,388 $408,498 $998,890
2016 $17,263 $1,379,793 $400,489 $979,304
2015 $16,604 $1,359,069 $394,474 $964,595
2014 $13,746 $1,104,993 $386,747 $718,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41461570

APN: 505-252-001