$2,475,000
SOLD JUL 24, 2019
4 Beds
5 Baths
4,042 Sq Ft
0.4 Acres

Recently Sold

$612 Per Sq Ft

8% Below List Price

4 Days on Market

About This Home

As of July 2019

This Old Las Palmas California Ranch was rebuilt and expanded down to the studs in 2014 in a warm modern design. The 2 year renovation was done to perfection for the private use of the Seller. The home required extensive and costly upgrading to bring the property to current code. A total of 4 bedrooms, including a brand new casita with bedroom, living area & kitchenette. The main house was re-imagined to include formal living, kitchen open to dining area & family room w/ views of pool, spa w/ tanning bed and front cantina w/ mt vistas. The Master suite was expanded to include one of 3 fireplaces in the home and walk-in closet. Gourmet chef's kitchen overlooks the front garden, mountain views & private courtyard. The rebuild included all new desert landscape within and outside the walled and gated property. The flagstone entry path & drive was mirrored with new flagstone in the covered back patio. Low maintenance. Close to UP TOWN PS. Pristine Property!!

Last Agent to Sell the Property

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T Listed on: 06/01/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,536

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Cross Street: VIA LOLA AND PATENCIO
  • Entry Location: Ground Level - no steps
  • Active Date: 2019-06-01
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Building Size: 4042.0
  • Building Structure Style: Spanish
  • Driving Directions: North on Palm Canyon; Left on Via Lola; Front door is on Patencio; Property is on the S/E corner of Via Lola and Patencio
  • Full Street Address: 555 W VIA LOLA
  • Lot Location: Corner Lot
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2019-07-26
  • Property Condition: New Construction, Repairs Major, Tear Down, Updated/Remodeled
  • View Type: Mountain View, Pool View
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Bathroom Features: Powder Room, Low Flow Shower(s), Low Flow Toilet(s), Remodeled
  • Bedroom Features: Master Suite, WalkInCloset
  • Eating Areas: Dining Area
  • Appliances: Microwave, Range, Cooktop - Gas, Double Oven, Free Standing Gas, Oven-Gas, Range Hood
  • Advertising Remarks: This Old Las Palmas mini estate was rebuilt and expanded down to the studs in 2014. The 2 year renovation was done to perfection for the private use of the Seller. The home required extensive and costly upgrading to bring the property to current code. A t
  • Total Bedrooms: 4
  • Builders Tract Code: 5650
  • Builders Tract Name: OLD LAS PALMAS
  • Fireplace: Yes
  • Levels: One Level
  • Interior Amenities: High Ceilings (9 Feet+), Wet Bar
  • Fireplace Rooms: Family Room, Living Room, Master Retreat
  • Appliances: Dishwasher, Freezer, Garbage Disposal, Refrigerator, Water Filter
  • Floor Material: Hardwood
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Remodeled
  • Laundry: Laundry in Closet, Inside, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 17424
  • Common Walls: Detached/No Common Walls
  • Foundation: Foundation - Concrete Slab, Foundation - Quake Bracing
  • Other Features: Energy Efficient
  • Other Structures: GuestHouse
  • Fence: Block Wall
  • Windows: Double Pane Windows
  • Water: Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway - Pavers, Driveway Gate
  • Parking Type: Garage - Two Door, Garage Is Attached, On street, Parking for Guests - Onsite

Utilities

  • Sewer: In Street Paid
  • Sprinklers: Sprinkler System
  • Water Heater: Tankless
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Forced Air
  • Security: Automatic Gate, Gated Community, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: KATHERINE FINCHY ELE
  • Middle School: RAYMOND CREE MIDDLE
  • High School: PALM SPRINGS HIGH SC

Lot Info

  • Lot Description: Automatic Gate, Landscaped, Lot-Level/Flat

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: 19-472870PS

APN: 505-252-001