$2,737,500
SOLD AUG 8, 2022
4 Beds
4 Baths
3,000 Sq Ft
0.26 Acres

Recently Sold

$912 Per Sq Ft

24% Below List Price

54 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Furnished

About This Home

As of August 2022

Major Price Adjustment, Best Deal In Vista Las Palmas. This home must be seen to really appreciate. Designed by Charles Dubois architect and affectionately known as Leisure Land, this 1961 classic post and beam home is located in the premier neighborhood of Vista Las Palmas and is being sold turn-key furnished. The walled compound is a destination with no equal, a bold, daring, unapologetic kaleidoscope of colors and vibrant textures. The spaces are a curated celebration to the Pop Art movement featuring iconic art, furnishings and sculpture from the period. This is the ultimate in vacation rentals or desert resort living. The expansive floor plan features an open-concept layout with integrated seating arranged for serious lounging in colorful groupings of familiar and timeless classics. Two separate bedroom wings anchor each end of the social hub for privacy. All bedrooms feature period themes to fashion, personalities, or collectibles. The primary bedroom offers an added seating area that opens directly to the pool/terrace. Two en-suites include private walled terraces with outdoor seating. A graphic pattered mosaic tile water feature frames a shimmering pool, extensive terracing and abundant seating. Amenities include a firepit and outdoor bar under the backdrop of the majestic mountains. Upgrades have been added through the years. Over $300,000 of furnishings, art and accessories included with some very hard to get pieces. All contents per inventory. Excellent Solar System. Buyer to confirm square footage

Last Agent to Sell the Property

Marc Sanders

Compass License #01888083 Listed on: 05/06/2022

Compass

Last Buyer's Agent

Richard Guelich Guelich

Richard Guelich, Broker License #01852841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,221

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Gated Home
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Ceramic Tile Flooring
  • Mountain Views
  • Alarm System

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Parking Spaces
  • Covered Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Solar Power System
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 505-125-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,221

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 5920
  • Living Area: 3000
  • Lot Acreage: 0.2600
  • Stories: 1
  • Year Built: 1961
  • Builders Tract Name: Vista Las Palmas
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Ceramic Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 998.33

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa: Gunite, In Ground
  • Spa Yn: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Water: In Street, District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 505-125-003
  • Lot Size Area: 11326

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 12, 2022
Sold by
Thanh Faucher and Thanh Quang
Bought by
Allen Gregory D and Allen Donna C
Seller's Agent
Marc Sanders
Compass
Buyer's Agent
Richard Guelich Guelich
Richard Guelich, Broker
List Price
$3,595,000
Sold Price
$2,737,500
Premium/Discount to List
-$857,500
-23.85%
Current Estimated Value
$3,215,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,687
Avg. Annual Appreciation
5.55%
Original Mortgage
$2,000,000
Outstanding Balance
$1,919,022
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$1,296,165

Purchase Details

Listed on
Feb 15, 2019
Closed on
May 9, 2019
Sold by
Degiorgio Kenneth David and Degiorgio Nichol Marie
Bought by
Faucher Todd and Nguyen Quang Thanh
Seller's Agent
Scott Histed
Bennion Deville Homes
Buyer's Agent
Jill Hanson
Essex Real Estate
List Price
$1,649,000
Sold Price
$1,649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.22%
Original Mortgage
$1,300,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2016
Sold by
Degiorgio Kenneth D and Degiorgio Nichol M
Bought by
The Pei At L K Family Trust

Purchase Details

Closed on
Oct 26, 2011
Sold by
Degiorgio Kenneth D
Bought by
Degriogio Kenneth D and Degiorgio Nichol M

Purchase Details

Closed on
Mar 4, 2011
Sold by
Kabler James H
Bought by
Degiorgio Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2011
Sold by
Degiorgio Nichol M
Bought by
Degiorgio Kenneth D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2004
Sold by
Loma Linda University
Bought by
Kabler James H

Purchase Details

Closed on
Dec 17, 2003
Sold by
Seale Robert M
Bought by
Loma Linda University

Purchase Details

Closed on
Sep 1, 1994
Sold by
Seale Robert M
Bought by
Seale Robert M
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 $2,737,500 Orange Coast Title
Grant Deed $1,649,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $950,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $950,000 First American Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $676,500 Fidelity National Title
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $104,419 Credit Line Revolving
Previous Owner $1,300,000 New Conventional
Previous Owner $160,000 Future Advance Clause Open End Mortgage
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $407,909 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $2,737,500 -8.6% $913 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $2,995,000 -6.4% $998 / Sq Ft
06/10/2022 06/10/22 Price Changed $3,200,000 -5.2% $1,067 / Sq Ft
05/27/2022 05/27/22 Price Changed $3,375,000 -6.1% $1,125 / Sq Ft
05/06/2022 05/06/22 For Sale $3,595,000 +118.0% $1,198 / Sq Ft
05/31/2019 05/31/19 Sold $1,649,000 0.0% $550 / Sq Ft
02/15/2019 02/15/19 For Sale $1,649,000 -- $550 / 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 $34,221 $5,550,534 $145,656 $5,404,878
2023 $34,221 $2,737,500 $140,000 $2,597,500
2022 $22,652 $1,733,391 $147,164 $1,586,227
2021 $22,186 $1,699,404 $144,279 $1,555,125
2020 $21,171 $1,681,980 $142,800 $1,539,180
2019 $13,853 $1,091,069 $381,871 $709,198
2018 $13,592 $1,069,677 $374,385 $695,292
2017 $13,391 $1,048,704 $367,045 $681,659
2016 $12,995 $1,028,143 $359,849 $668,294
2015 $12,495 $1,012,701 $354,445 $658,256
2014 $12,372 $992,864 $347,502 $645,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-152887

The MLS

APN: 505-125-003