NOT LISTED FOR SALE

633 S Canon Dr Palm Springs, CA 92264

Estimated Value: $1,044,000 - $1,857,000

4 Beds
3 Baths
1,681 Sq Ft
$860/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,550,000 $922 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $9,352/month

7 Days on Market

Highlights

  • Cabana
  • Midcentury Modern Architecture
  • Ground Level Unit
  • Palm Springs High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of November 2021

Beautiful grounds and stunning mountain views plus sophisticated interiors make this iconic Meiselman home a great choice for your desert getaway or vacation home investment! A very popular AirBNB property, this home generates huge vacation rental income. Outside, you will find a sparkling renovated pool and heated spa, multiple seating areas including a shady cabana, a modern fire pit, and a grilling area for maximum enjoyment with family or friends. Outdoor lighting provides for a lovely evening setting in which to sip a cocktail in the cabana, or gather around the fire pit for lively conversation and laughs. The cabana is perfect for al fresco entertaining while gazing over the beautiful grounds and mountain views. The living area features sweeping views of the pool and mountain backdrop. The completely renovated, efficient galley kitchen - a Meiselman trademark - is fully equipped and includes a gas stove for meal preparation. The beautiful dining area with walnut accent wall overlooks the pool and will accommodate a party of eight. A spacious primary owner suite is separated from the other bedrooms for privacy and features beautiful mountain views! The second bedroom has an ensuite bath, and the other two bedrooms share a hall accessed bath. All three bathrooms have been recently renovated and include natural light and walk-in showers. A beautiful and extensive pool renovation in 2019 includes PebbleTec surfacing and marble coping, all new pool equipment and and updated control panel. This chic mid-mod retreat is located in the iconic Little Beverly Hills neighborhood, well known as an enclave of mid-century architectural gems. Surrounded by golf courses and very close to convenient shopping and restaurants, it is a short drive or Uber ride to the Uptown Design District and all the activities and fun of downtown Palm Springs.

Last Agent to Sell the Property

John White

Equity Union License #01973171 Listed on: 09/22/2021

Last Buyer's Agent

Shane Howland

Compass License #02091959

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,876

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,681 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Electric Fireplace
  • Dining Room
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking

Pool

  • Cabana
  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Ground Level Unit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 502-303-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,876

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful grounds and stunning mountain views plus sophisticated interiors make this iconic Meiselman home a great choice for your desert getaway or vacation home investment! A very popular AirBNB property, this home generates huge vacation rental income. Outside, you will find a sparkling renovated pool and heated spa, multiple seating areas including a shady cabana, a modern fire pit, and a grilling area for maximum enjoyment with family or friends. Outdoor lighting provides for a lovely evening setting in which to sip a cocktail in the cabana, or gather around the fire pit for lively conversation and laughs. The cabana is perfect for al fresco entertaining while gazing over the beautiful grounds and mountain views. The living area features sweeping views of the pool and mountain backdrop. The completely renovated, efficient galley kitchen - a Meiselman trademark - is fully equipped and includes a gas stove for meal preparation. The beautiful dining area with walnut accent wall overlooks the pool and will accommodate a party of eight. A spacious primary owner suite is separated from the other bedrooms for privacy and features beautiful mountain views! The second bedroom has an ensuite bath, and the other two bedrooms share a hall accessed bath. All thre
  • Builders Tract Code: 6487
  • Living Area: 1681
  • Lot Acreage: 0.2400
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1958
  • Builders Tract Name: Little Beverly Hills
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Electric
  • Flooring: Cement
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven, Washer, Dryer
  • Price Per S Q F T: 889.35

Exterior Features

  • Direction Faces: East
  • Other Structures: Cabana
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Heated, Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: On street, Driveway, Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 502-303-005
  • Lot Size Area: 10454

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Sep 29, 2021
Sold by
Vandeventer Leland T
Bought by
Tran Tu and Wong Barry
Seller's Agent
John White
Equity Union
Buyer's Agent
Shane Howland
Compass
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%
Current Estimated Value
$1,405,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,316
Avg. Annual Appreciation
-2.78%
Original Mortgage
$100,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 15, 2019
Closed on
Mar 27, 2019
Sold by
Canon Drive Trust
Bought by
Vandeventer Leland T
Seller's Agent
John Lewis
Keller Williams Realty
Buyer's Agent
David Emerson
Coldwell Banker Res Brokerage
List Price
$659,000
Sold Price
$660,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.59%
Original Mortgage
$483,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2018
Sold by
Silverinoon Entities
Bought by
Renta Capital Llc and Canon Drive Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2018
Sold by
Fox Wingate Bender and Fox Patricia
Bought by
Silvermoon Entities

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 30, 2012
Sold by
Bender Albert B and Bender Albert B
Bought by
Bender Albert B and Albert B Bender Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tran Tu $1,550,000 Orange Coast Title
Vandeventer Leland T $660,000 Fidelity National Title
Renta Capital Llc $470,000 Pacific Coast Title Company
Silvermoon Entities $375,000 Oconnor Title Services
Bender Albert B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Tu $700,000
Closed Tran Tu $100,000
Previous Owner Tran Tu $475,000
Previous Owner Vandeventer Leland T $483,350
Previous Owner Renta Capital Llc $475,000
Previous Owner Entities Silvermoon $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $1,550,000 +3.7% $922 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $1,495,000 +126.5% $889 / Sq Ft
04/26/2019 04/26/19 Sold $660,000 +0.2% $393 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $659,000 -- $392 / 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 $19,876 $1,644,872 $451,013 $1,193,859
2023 $19,876 $1,581,000 $433,500 $1,147,500
2022 $20,283 $1,550,000 $425,000 $1,125,000
2021 $9,040 $680,174 $92,751 $587,423
2020 $8,633 $673,200 $91,800 $581,400
2019 $6,118 $72,135 $19,698 $52,437
2018 $8,209 $70,718 $19,310 $51,408
2017 $8,173 $69,332 $18,932 $50,400
2016 $1,016 $67,973 $18,561 $49,412
2015 $960 $66,954 $18,283 $48,671
2014 $929 $65,644 $17,926 $47,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-786490

The MLS

APN: 502-303-005