NOT LISTED FOR SALE

Estimated Value: $4,574,000 - $5,622,000

5 Beds
5 Baths
4,000 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $1,950,000 $488 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $30,996/month

216 Days on Market

Highlights

  • Attached Guest House
  • Heated In Ground Pool
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • Custom Home
  • Two Primary Bathrooms

About This Home

As of June 2016

Investor alert! Celebrity vacation rental grossed over 200K in 2014. Sold TURNKEY FURNISHED. Private Las Palmas celebrity mini estate. Alexander Modern with a beautiful entry fountain and front yard sitting area. Extensively redone home with its gorgeous stone floors, all new paint and carpets, new hardwood flooring in the family room off the great room, all while looking through floor to ceiling walls of glass and mountains beyond. New plumbing, new bathrooms, remodeled kitchen, resurfaced pool and more. This immaculate property features 5 large master bedroom suites all with en suite bathrooms and their own private patios for great separation for families and large groups. Featured in many magazines and celebrity shows, this is a one of a kind opportunity to own this iconic Palm Springs retreat. Huge great room for entertaining and wonderful wet bar for the many happy hours you will spend here. Outdoors has incredible entertainment bar with all the amenities for desert entertaining.

Last Agent to Sell the Property

Star Evans

Coldwell Banker Realty License #01817279 Listed on: 10/23/2015

Coldwell Banker Realty

Last Buyer's Agent

The Holland and Gaertner Group

HK Lane Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,198

Year Built

  • Built in 1958

Lot Details

  • 0.35 Acre Lot
  • Home has sun exposure from multiple directions
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Home Design

  • Custom Home
  • Midcentury Modern Architecture
  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Elastomeric Roof
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • Sliding Doors
  • Formal Entry
  • Great Room with Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Linen Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Marble Bathroom Countertops
  • Double Vanity
  • Shower Only
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Accessible Home Design

  • Wheelchair Access
  • Wheelchair Adaptable
  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Stone Porch or Patio
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Location

  • Ground Level
  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Electric Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • Vista Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505092020

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,198

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Vista Las Palmas
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Modern
  • Disability Access: Handicap Access, Wheelchair Adaptable, Wheelchair Access
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 537.50
  • Lp Sp Ratio: 0.9070
  • View Type: Mountain(s)
  • Year Built: 1958
  • Listing I D: 215029854
  • Listing Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4578
  • Selling Office Address: 74199 El Paseo, #101A, Palm Desert, CA 92260
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Vista Las Palmas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Convection Oven, Self Cleaning Oven, Electric Oven, Electric Range, Water Line to Refrigerator, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Beamed Ceilings, Wet Bar, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Range Hood: Yes
  • Fireplace Features: Decorative
  • Flooring: Carpet, Stone Tile, Hardwood
  • Bedroom Features: All Bedrooms Down, Master Retreat, Main Floor Master Bedroom
  • Total Bedrooms: 5
  • Bathroom Features: 2 Master Baths, Marble Counters, Tile Shower, Under Vanity Lighting, Steam Shower, Remodeled, Linen Closet, Double Vanity(s)
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters, Remodeled, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 4000.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Slab, Custom Built
  • Other Structures: Guest House Attached
  • Roofing: Foam, Elastomeric, Flat
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Direct Entrance, Guest, Oversized
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Gas, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In Street Paid
  • Water: In Street
  • Water Heater Feature: Electric

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 505092020
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3500
  • Lot Description: Automatic Gate, Yard, Utilities Underground, Street Lighting, Street Public, Street Paved, Level, Landscaped, Lawn, Front Yard, Fenced, Curbs, Back Yard
  • Lot Location: Corner Lot, Park Nearby
  • Lot Size: 15246.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Jiroux Gordon Anthony and Jiroux Donna Patricia
Bought by
Ledford Nancy C and The Nancy C Ledford Revocable
Current Estimated Value
$4,942,401

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 31, 2016
Sold by
Arctic Escape Llc
Bought by
Ji Gordon and Ji Donna
Seller's Agent
Star Evans
Coldwell Banker Realty
Buyer's Agent
The Holland and Gaertner Group
HK Lane Real Estate
List Price
$2,150,000
Sold Price
$1,950,000
Premium/Discount to List
-$200,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Oct 18, 2011
Sold by
Swarthout Robert Dennis and Swarthout Tammi
Bought by
Arctic Escape Llc

Purchase Details

Closed on
Feb 10, 2010
Sold by
Fayazrad Amir M and Fayazrad Kathy
Bought by
Capital One Na

Purchase Details

Closed on
Dec 5, 2003
Sold by
Turner Stephen E
Bought by
Continental Investment Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Continental Investment Properties
Bought by
Fayazrad Amir M and Fayazrad Kathy Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Continental Investment Properties Inc
Bought by
Turner Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2001
Sold by
Bernholz Paul
Bought by
Continental Investment Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Bernholz Paul
Bought by
Bernholz Joanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,687
Interest Rate
7.56%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 11, 1999
Sold by
Union Bank Of California Na
Bought by
Bernholz Joanna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,687
Interest Rate
7.56%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 22, 1999
Sold by
Jann Robbins
Bought by
Union Bank Of California Na

Purchase Details

Closed on
Apr 29, 1994
Sold by
Robbins Harold and Robbins Jann
Bought by
Robbins Jann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ledford Nancy C $4,500,000 First American Title Company
Ji Gordon $1,865,000 Equity Title Company
Arctic Escape Llc -- Lsi Title Company
Swarthout Robert Dennis $890,000 Lsi Title Company
Capital One Na $975,000 Pacific Coast Title
Continental Investment Properties Inc -- Old Republic Title Company
Fayazrad Amir M $1,501,000 Old Republic Title Company
Turner Stephen -- Commerce Title
Continental Investment Properties $520,000 First American Title Co
Bernholz Joanna K -- Lawyers Title Company
Bernholz Joanna K $371,000 Lawyers Title Company
Union Bank Of California Na $340,013 Lawyers Title Company
Robbins Jann -- Old Republic Title Co
Robbins Harold -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fayazrad Amir M $1,575,000
Previous Owner Fayazrad Amir M $1,125,500
Previous Owner Turner Stephen $1,140,000
Previous Owner Continental Investment Properties $300,000
Previous Owner Continental Investment Properties $375,000
Previous Owner Continental Investment Properties $740,000
Previous Owner Bernholz Joanna K $277,687
Previous Owner Robbins Harold $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $1,950,000 -9.3% $488 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $2,150,000 0.0% $538 / Sq Ft
12/26/2015 12/26/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $2,150,000 -- $538 / 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
2025 $57,198 $4,775,435 $1,273,449 $3,501,986
2023 $57,198 $4,590,000 $1,224,000 $3,366,000
2022 $58,379 $4,500,000 $1,200,000 $3,300,000
2021 $27,774 $2,132,607 $746,411 $1,386,196
2020 $26,500 $2,110,741 $738,758 $1,371,983
2019 $26,035 $2,069,355 $724,273 $1,345,082
2018 $25,540 $2,028,780 $710,073 $1,318,707
2017 $25,161 $1,989,000 $696,150 $1,292,850
2016 $11,957 $944,319 $330,510 $613,809
2015 $11,496 $930,137 $325,547 $604,590
2014 $11,381 $911,919 $319,171 $592,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215029854

California Desert Association of REALTORS®

APN: 505-092-020