NOT LISTED FOR SALE

Estimated Value: $2,818,000 - $3,779,000

4 Beds
4.5 Baths
3,000 Sq Ft
$1,103/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $3,850,000 $1,283 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $20,258/month

Highlights

  • Guest House
  • In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • 4-minute walk to Frances Stevens Park

About This Home

As of April 2024

Private and gated 1932 Spanish estate on 2/3 acres in the prestigious and highly desirable neighborhood of Old Las Palmas. Spanish character abounds with original adobe walls and hedges surrounding the grounds providing privacy and stature. Visitors approach through a gated entry past sweeping lawns and palms into a charming inner courtyard to the residence. The living room is stunning with beamed ceilings, wood-planked floors and fireplace, with custom lighting. The kitchen with custom cabinetry, stone countertops and island, updated stainless appliances, and distinctive tile opening to the den/media room or formal dining area. Four bedrooms, each w/extraordinary ensuite baths, one with a fireplace. The fourth bedroom suite is located in the detached casita with outdoor living space ideal for relaxation or entertaining. Each room opens to the gardens with pool and spa, several seating areas, two gas fire features, majestic palms and olive trees, sweeping lawns and a bocce ball court. A covered patio area is ideal for outdoor dining. This truly magical estate that must be seen to appreciate all that is has to offer.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 04/15/2024

Compass

Last Buyer's Agent

James Gault

Compass License #01985784

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,818

Year Built

  • Built in 1932

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 116x225
  • Property is zoned R-1A

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Mountain Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 505-321-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,818

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 5650
  • Living Area: 3000
  • Lot Acreage: 0.6000
  • Lot Dimensions: 116x225
  • Stories: 1
  • Year Built: 1932
  • Builders Tract Name: Old Las Palmas
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Washer, Garbage Disposal, Refrigerator, Range/Oven
  • Price Per S Q F T: 1283.33

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 505-321-004
  • Lot Size Area: 26136

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Apr 5, 2024
Sold by
Mccain Family Trust and Mccain Jeffrey L
Bought by
Garnett Timothy John and Slaymaker Peter James
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
James Gault
Compass
List Price
$3,850,000
Sold Price
$3,850,000
Views
8
Current Estimated Value
$3,309,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$540,630
Avg. Annual Appreciation
-9.78%

Purchase Details

Listed on
Sep 27, 2019
Closed on
Oct 11, 2019
Sold by
Duensing Robert A and Duensing Kimberly D
Bought by
Mccain Jeffrey and Mccain Beth
Seller's Agent
Richard Guelich Guelich
Richard Guelich
Buyer's Agent
Ttk Represents
Compass
List Price
$2,675,000
Sold Price
$2,650,000
Premium/Discount to List
-$25,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 4, 2018
Sold by
Duensing Robert A and Duensing Kimberly D
Bought by
Duensing Robert A and Duensing Kimberly D
Seller's Agent
Dimitri Rigopoulos
Keller Williams Realty
Buyer's Agent
Richard Guelich
Richard Guelich
List Price
$1,850,000
Sold Price
$1,485,000
Premium/Discount to List
-$365,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.43%
Original Mortgage
$1,106,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 19, 2018
Sold by
Kohn Wendie Busig
Bought by
Duensing Robert A and Duensing Kimberly D
Seller's Agent
Dimitri Rigopoulos
Keller Williams Realty
Buyer's Agent
Richard Guelich
Richard Guelich
List Price
$1,850,000
Sold Price
$1,485,000
Premium/Discount to List
-$365,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1997
Sold by
Colavito Philip
Bought by
Kohn Wendie Busig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.62%

Purchase Details

Closed on
Mar 16, 1995
Sold by
Del Amo Svgs Bank Fsb
Bought by
Colavito Philip T

Purchase Details

Closed on
Aug 3, 1994
Sold by
H H I Jersey Inc
Bought by
Colavito Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.62%
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
Garnett Timothy John $3,850,000 Wfg National Title
Mccain Jeffrey $2,650,000 First American Title Co
Duensing Robert A -- Accommodation
Duensing Robert A $1,485,000 Chicago Title Company
Kohn Wendie Busig $535,000 Chicago Title Co
Colavito Philip T $71,000 Commonwealth Land Title Co
Colavito Philip $380,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duensing Robert A $1,106,000
Previous Owner Kohn Wendie Busig $428,000
Previous Owner Colavito Philip $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $3,850,000 0.0% $1,283 / Sq Ft
04/15/2024 04/15/24 For Sale $3,850,000 +45.3% $1,283 / Sq Ft
10/28/2019 10/28/19 Sold $2,650,000 -0.9% $883 / Sq Ft View Prior Sale
09/14/2019 09/14/19 For Sale $2,675,000 +80.1% $892 / Sq Ft
10/25/2018 10/25/18 Sold $1,485,000 0.0% $725 / Sq Ft View Prior Sale
09/20/2018 09/20/18 Pending -- -- --
09/14/2018 09/14/18 Price Changed $1,485,000 -10.0% $725 / Sq Ft
09/06/2018 09/06/18 Price Changed $1,650,000 -10.8% $806 / Sq Ft
07/30/2018 07/30/18 For Sale $1,850,000 -- $903 / Sq Ft
Source: The MLS

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 $34,818 $3,927,000 $1,122,000 $2,805,000
2023 $34,818 $2,785,621 $683,265 $2,102,356
2022 $35,535 $2,731,002 $669,868 $2,061,134
2021 $34,801 $2,677,454 $656,734 $2,020,720
2020 $33,202 $2,650,000 $650,000 $2,000,000
2019 $18,759 $1,485,000 $215,000 $1,270,000
2018 $9,532 $750,771 $140,323 $610,448
2017 $9,389 $736,051 $137,572 $598,479
2016 $9,112 $721,620 $134,875 $586,745
2015 $8,756 $710,783 $132,850 $577,933
2014 $8,111 $652,000 $122,000 $530,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-270185

The MLS

APN: 505-321-004