NOT LISTED FOR SALE

Estimated Value: $2,281,204 - $2,331,000

4 Beds
4.5 Baths
3,833 Sq Ft
$599/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $2,200,000 $574 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,072/month

52 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • RV Access or Parking
  • Palm Springs High School Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of June 2024

Step into the secluded world of "Casa Wobada," a historic Spanish Colonial Revival residence with a rich legacy of notable residents that has been impeccably restored and upgraded throughout. Christened by Walt Disney himself, the name translates to "a place of tranquility and rest," reflecting the serene ambiance and privacy of this remarkable compound that is sited on 4 street to street lots, totaling 27,228 square feet. Among its prestigious residents was Joseph Schenk, the visionary founder and Chairman of 20th Century Fox, whose influence launched the iconic career of Marilyn Monroe, whose suite was perched atop the spiral staircase overlooking “her pool” that Schenk installed. Crafted by master architects Brewster and Benedict, the residence was initially envisioned for Hal Forrest, a comic strip artist celebrated for his creation, Tailspin Tommy. Enjoy the refined elegance of this private sanctuary, surrounded by meticulously landscaped grounds and awe-inspiring mountain views. Entertaining for a few or for several hundred is easily accomplished with the versatility of the floorplan that easily flows to the outdoor loggias, pool, spa and gardens. Guests will enjoy the private entrance of the 2-bedroom casita providing a haven of relaxation amidst the breathtaking surroundings. This offering presents an incomparable opportunity to live and entertain for all who have the pleasure of spending time here, creating lasting memories in a truly remarkable setting.

Last Agent to Sell the Property

Victor Vasu

Pacific Sotheby's International Realty Brokerage Phone: 949-677-5268 License #01015709 Listed on: 03/22/2024

Pacific Sotheby's International Realty

Co-Listed By

Sean Stanfield

Pacific Sotheby's Int'l Realty Brokerage Phone: 949-677-5268 License #01024996

Last Buyer's Agent

Rich Nolan

License #01485222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,436

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 0.63 Acre Lot
  • Masonry wall
  • Stone Wall
  • Wrought Iron Fence
  • Landscaped
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • 508-152-017, 508-152-016
  • Property is zoned R1C

Property Views

  • Mountain
  • Pool
  • Courtyard

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Copper Plumbing
  • Plaster
  • Stucco
  • Adobe

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Ceramic Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Alarm System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • Parking Available
  • Circular Driveway
  • Auto Driveway Gate
  • Driveway Level
  • Paved Parking
  • Off-Street Parking
  • RV Access or Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Detached Guest House

Community Details

  • No Home Owners Association
  • Built by Custom
  • Warm Sands Subdivision, Custom Floorplan
  • Valley

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 508152001
  • $268 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,436

Year Built

Built in 1937 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Warm Sands (33520)
  • View: Yes
  • Zoning: R1C
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 508152001
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3833.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full, In-Law Floorplan, Intercom, Quartz Counters, Stone Counters, Storage
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside, Gas, Gas Starter, Wood Burning, Great Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 573.96
  • Room Type: Basement, Den, Entry, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Office, Wine Cellar
  • Spa Features: Private, In Ground
  • Window Features: Blinds, Custom Covering, Screens, Skylight(s)
  • Bathroom Features: Shower, Exhaust Fan(s), Granite Counters, Remodeled, Stone Counters, Tile Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Guest House Detached, Storage
  • Exterior Features: Barbecue Private
  • View: Courtyard, Mountain(s), Pool
  • Fence: Yes
  • Fencing: Masonry, Stone, Wrought Iron
  • Builder Name: Custom
  • Patio And Porch Features: Covered, Patio, Patio Open, Stone, Tile
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Adobe, Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Carport, Circular Driveway, Covered, Driveway, Concrete, Driveway Level, Off Street, RV Access/Parking
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: Standard
  • Heating Type: Central, Forced Air, Natural Gas, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 508-152-017, 508-152-016
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 20000-39999 Sqft, Level, Secluded, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 27228.00
  • Lot Size Acres: 0.6251
  • Latitude Manual: 33.81372000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27228.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 448.06
  • Tax Lot: 44
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 11, 2024
Sold by
Turchin Michael
Bought by
Bass James
Seller's Agent
Victor Vasu
Pacific Sotheby's International Realty
Buyer's Agent
Rich Nolan
List Price
$2,650,000
Sold Price
$2,200,000
Premium/Discount to List
-$450,000
-16.98%
Views
53
Current Estimated Value
$2,295,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,051
Avg. Annual Appreciation
3.33%
Original Mortgage
$1,720,000
Outstanding Balance
$1,691,521
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$603,530

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 7, 2024
Sold by
Schwabauer Charles David and Mcmahan Michael
Bought by
Bass James
Seller's Agent
Victor Vasu
Pacific Sotheby's International Realty
Buyer's Agent
Rich Nolan
List Price
$2,650,000
Sold Price
$2,200,000
Premium/Discount to List
-$450,000
-16.98%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Outstanding Balance
$1,691,521
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$603,530

Purchase Details

Closed on
Jan 13, 2020
Sold by
Schwabauer Charles David
Bought by
Schwabauer Charles David and Mcmahan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2018
Closed on
Jan 15, 2019
Sold by
Mcmahu Michael K
Bought by
Schwabauer Charles David
Seller's Agent
Paula LaBellarti
Keller Williams Realty
Buyer's Agent
Jason Allen
Keller Williams Luxury Homes
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$623,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2018
Sold by
Massoni Dominic F
Bought by
Schwabauer Charles David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Price William A
Bought by
Price William A

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
5.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 31, 1997
Sold by
Price William A
Bought by
Price William A

Purchase Details

Closed on
Apr 13, 1995
Sold by
Price William A
Bought by
William A Price Revocable Trust
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
Bass James -- First American Title
Bass James $2,150,000 First American Title
Schwabauer Charles David -- First American Title Company
Schwabauer Charles David -- Fidelity National Title Inla
Schwabauer Charles David $965,000 Fidelity National Title Ie
Price William A -- --
Price William A -- California Title
Price William A -- --
William A Price Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass James $1,720,000
Previous Owner Schwabauer Charles David $510,000
Previous Owner Schwabauer Charles David $623,000
Previous Owner Price William A $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $2,200,000 -12.0% $574 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $2,500,000 -5.7% $652 / Sq Ft
03/22/2024 03/22/24 For Sale $2,650,000 +174.6% $691 / Sq Ft
02/06/2019 02/06/19 Sold $965,000 -1.0% $239 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $975,000 -- $242 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,436 $2,080,800 $545,700 $1,535,100
2023 $12,436 $981,061 $257,327 $723,734
2022 $12,688 $961,826 $252,282 $709,544
2021 $12,430 $942,968 $247,336 $695,632
2020 $11,867 $933,300 $244,800 $688,500
2019 $1,706 $115,629 $25,955 $89,674
2018 $1,678 $113,364 $25,449 $87,915
2017 $1,567 $111,142 $24,950 $86,192
2016 $1,525 $108,963 $24,461 $84,502
2015 $1,450 $107,329 $24,095 $83,234
2014 $1,414 $105,228 $23,624 $81,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24057014

California Regional Multiple Listing Service (CRMLS)

APN: 508-152-001