NOT LISTED FOR SALE

594 W Stevens Rd Unit A Palm Springs, CA 92262

Vista Las Palmas Neighborhood

Estimated Value: $5,517,000 - $6,361,050

6 Beds
7 Baths
5,073 Sq Ft
$1,155/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $725,000 $143 Per Sq Ft

Est. 709% increase in value since last sale

Current estimated payment $38,393/month

95 Days on Market

Highlights

  • Tennis Courts
  • Cabana
  • Two Primary Bedrooms
  • Palm Springs High School Rated A-
  • Gourmet Kitchen
  • Custom Home

About This Home

As of June 2021

New co-ownership opportunity: Own 1/8 of this professionally managed, turnkey home in Palm Springs. Picture yourself doing laps in the new waterfall pool, serving for the set on your own court, or sinking a putt on the private four-hole green - this one-acre Old Las Palmas estate has it all. Enter this just-renovated 5-bedroom, 7-bath stucco home through a picturesque garden, the calming sounds of a limestone fountain burbling nearby. Open the steel and glass doors and you'll discover an open floor plan living space that has it all. The living room features a soaring, beamed wood ceiling and sleek gas fireplace, with an adjoining game space and stylish bar. The gourmet kitchen has top-of-the-line appliances and a massive island for food prep and casual dining. The kitchen is separated from the formal dining space by a floating glass wine wall. All the bedrooms have room for king beds and the ensuite bathrooms include walk-in showers. The home also has a private office. Take in views of the stunning San Jacinto Mountains from this completely walled corner property. In addition to the tennis court, putting green and pool, you can enjoy a grand veranda with a spa, swimmable waterfall, two fire pits, a covered pergola and a fully equipped outdoor kitchen with bar seating. The glass-doored, three-car garage offers an electric charger, air conditioning and a bonus room above. The home comes fully furnished and professionally decorated.

Last Agent to Sell the Property

Brandi Pratt

eXp Realty of California, Inc. License #01968872 Listed on: 03/04/2021

Last Buyer's Agent

Brandi Pratt

eXp Realty of California, Inc. License #01968872

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $67,370

Year Built

  • Built in 1991

Lot Details

  • 1 Acre Lot
  • Home has North and South Exposure
  • Drip System Landscaping
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back and Front Yard

Property Views

  • Mountain
  • Pool

Home Design

  • Custom Home
  • Modern Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 5,073 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Storage
  • Concrete Flooring

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Double Master Bedroom
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Powder Room
  • 7 Full Bathrooms
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Smart Home

Parking

  • 3 Car Direct Access Garage
  • 3 Parking Garage Spaces
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

  • Tennis Courts
  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling
  • 220 Volts in Garage

Listing and Financial Details

  • Assessor Parcel Number 505151028

Community Details

Recreation

  • Putting Green

Additional Features

  • Old Las Palmas Subdivision
  • Billiard Room

Property Details

Home Type

Co-Op

Est. Annual Taxes

$67,370

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Modern
  • List Price per Sq Ft: 142.91
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Year Built: 1991
  • Listing I D: 219058300
  • Listing Office Address: 47060 Washington St., Ste 5202, La Quinta, CA 92253
  • Selling Office Address: 47060 Washington St., Ste 5202, La Quinta, CA 92253
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Old Las Palmas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Range, Exhaust Fan, Washer, Refrigerator, Ice Maker, Disposal, Freezer, Dishwasher
  • Appliances Other: Wine/Beverage Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings, Vaulted Ceiling(s), Wet Bar, Storage, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Home Automation System, Bar
  • Range Hood: Yes
  • Fireplace Features: Decorative, Gas, Fire Pit
  • Flooring: Concrete
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Retreat
  • Total Bedrooms: 6
  • Bathroom Features: 2 Master Baths, Sunken Tub, Shower Stall, Remodeled, Powder Room
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Remodeled, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 5073.00
  • Windows Treatments: Drapes, Screens, Skylight(s)

Exterior Features

  • Other Features: Barbeque Private, Putting Green, Tennis Court, Custom Built
  • Other Structures: Cabana
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Waterfall, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener, Direct Entrance, Guest
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Security: Automatic Gate, Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505151028
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: 2 - 4 Lots, Private, Street Paved, Landscaped, Front Yard, Back Yard, Automatic Gate
  • Lot Location: Corner Lot
  • Lot Size: 43560.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
C Cruz Holdings Llc
Bought by
Palm 120 Llc
Total Days on Market
95
Current Estimated Value
$5,861,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Outstanding Balance
$1,939,202
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$3,922,481

Purchase Details

Closed on
Feb 15, 2019
Sold by
Nalam Bhaskararao and Nalam Padmavathi
Bought by
C Cruz Holdings Llc

Purchase Details

Closed on
Dec 20, 2002
Sold by
Nalam Bhaskararao and Nalam Padmavathi
Bought by
Nalam Bhaskararao and Nalam Padmavathi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Nalam Bhaskararao and Nalam Padmavathi
Bought by
Nalam Bhaskararao and Nalam Padmavathi
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
Palm 120 Llc $5,200,000 First American Title Company
C Cruz Holdings Llc $2,350,000 First American Title Company
Nalam Bhaskararao -- Fidelity National Title Co
Nalam Bhaskararao -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm 120 Llc $2,150,000
Previous Owner Nalam Bhaskararao $360,000
Previous Owner Nalam Bhaskararao $401,050
Previous Owner Nalam Bhaskararao $410,000
Previous Owner Nalam Bhaskararao $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $725,000 0.0% $143 / Sq Ft
03/04/2021 03/04/21 For Sale $725,000 -- $143 / Sq Ft
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
2023 $67,370 $5,410,080 $1,893,528 $3,516,552
2022 $68,762 $5,304,000 $1,856,400 $3,447,600
2021 $67,337 $5,200,000 $1,820,000 $3,380,000
2020 $30,058 $2,397,000 $142,800 $2,254,200
2019 $18,798 $1,488,161 $378,497 $1,109,664
2018 $18,442 $1,458,982 $371,077 $1,087,905
2017 $18,168 $1,430,375 $363,801 $1,066,574
2016 $17,629 $1,402,329 $356,668 $1,045,661
2015 $16,958 $1,381,266 $351,311 $1,029,955
2014 $16,799 $1,354,211 $344,430 $1,009,781
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brandi Pratt

    eXp Realty of California, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219058300

California Desert Association of REALTORS®

APN: 505-151-028

California Riverside County Palm Springs 92262 Vista Las Palmas

594 W Stevens Rd Unit A, Palm Springs, CA

This home is located at 594 W Stevens Rd Unit A, Palm Springs, CA 92262 since 04 March 2021 and is currently estimated at $5,861,683, approximately $1,155 per square foot. This property was built in 1991. 594 W Stevens Rd Unit A is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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