Seller's Agent in 2023
Mike Patakas
Desert Sotheby's International Realty
(760) 808-5400
2 in this area
153 Total Sales
64435 Via Risso Palm Springs, CA 92264
Andreas Hills NeighborhoodEstimated Value: $2,463,000 - $3,241,000
4
Beds
4.5
Baths
4,864
Sq Ft
$579/Sq Ft
Est. Value
Highlights
- Home Theater
- Heated In Ground Pool
- Gated Community
- Palm Springs High School Rated A-
- Primary Bedroom Suite
- Mountain View
About This Home
As of June 2023This sprawling south-facing estate on over a half-acre in south Palm Springs showcases direct mountain views, voluminous interior and exterior entertaining areas, and epitomizes desert luxury living. The features are numerous: large saltwater pool and spa with waterfall and extensive tanning shelf; well-manicured landscaping; custom gazebo with bar and grille; massive chef's kitchen with stainless steel appliances, ample granite slab counter space, and plenty of storage and seating; primary suite has easy access to pool and huge ensuite bathroom with walk-in closets with custom organization; three additional sizable guest bedrooms; substantial living room that greets one when entering the home with towering stone fireplace; misting system; several fireplaces and an outdoor gathering fire pit; theater or flex room option; very spacious three car garage with an enormous amount of built in cabinet storage, and so much more. The property is situated on fee simple land (no lease) and has guard gated security, tennis courts, and clubhouse in the coveted community of Bella Monte.
Last Agent to Sell the Property
Desert Sotheby's International Realty License #01264926 Listed on: 02/06/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- 0.53 Acre Lot
- Home has North and South Exposure
- Masonry wall
- Stucco Fence
- Sprinkler System
HOA Fees
- $595 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Mediterranean Architecture
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 4,864 Sq Ft Home
- 3-Story Property
- Built-In Features
- Cathedral Ceiling
- Recessed Lighting
- Raised Hearth
- Gas Fireplace
- Shutters
- Double Door Entry
- French Doors
- Living Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Tile Flooring
- Mountain Views
- Attic
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Gas Cooktop
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Retreat
- Primary Bedroom on Main
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Prewired Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- 4 Car Attached Garage
- Garage Door Opener
- Driveway
Pool
- Heated In Ground Pool
- Heated Spa
- Outdoor Pool
- Saltwater Pool
- Above Ground Spa
- Waterfall Pool Feature
Outdoor Features
- Enclosed Patio or Porch
- Gazebo
Location
- Ground Level
Utilities
- Forced Air Zoned Cooling and Heating System
- Property is located within a water district
- Water Softener
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 686520007
Community Details
Overview
- Bella Monte Subdivision
Recreation
- Tennis Courts
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2023
Closed on
Apr 28, 2023
Sold by
Lipps Judith
Bought by
Kwas Andrew M and Kwas Lisa A
Seller's Agent
Mike Patakas
Desert Sotheby's International Realty
Buyer's Agent
Tom Deleeuw
Coldwell Banker Realty
List Price
$2,480,000
Sold Price
$2,400,000
Premium/Discount to List
-$80,000
-3.23%
Views
264
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,198
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,100,000
Outstanding Balance
$1,072,661
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$1,742,537
Purchase Details
Listed on
Feb 8, 2021
Closed on
Mar 25, 2021
Sold by
Lipps Ben
Bought by
Lipps Judith
Seller's Agent
Jordan Nedeff
COMPASS
Buyer's Agent
Mike Patakas
Desert Sotheby's International Realty
List Price
$1,775,000
Sold Price
$1,800,000
Premium/Discount to List
$25,000
1.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Purchase Details
Listed on
Feb 8, 2021
Closed on
Mar 16, 2021
Sold by
Lorack Erik Matthew and Lorack Courtney Heather
Bought by
Lipps Judith
Seller's Agent
Jordan Nedeff
COMPASS
Buyer's Agent
Mike Patakas
Desert Sotheby's International Realty
List Price
$1,775,000
Sold Price
$1,800,000
Premium/Discount to List
$25,000
1.41%
Purchase Details
Closed on
Apr 21, 2017
Sold by
Lorack Donald A and Lorack Judith E
Bought by
Lorack Donald A and Lorack Judith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 30, 2016
Sold by
Bella Monte East Llc
Bought by
Lorack Donald A and Lorack Judith E
Purchase Details
Closed on
Jul 14, 2011
Sold by
Hellge Jacqueline
Bought by
The Bank Of New York Mellon and The Bank Of New York
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kwas Andrew M | $2,400,000 | Chicago Title | |
| Lipps Judith | -- | Chicago Title Company | |
| Lipps Judith | $1,800,000 | Chicago Title Company | |
| Lorack Donald A | -- | Title Resources Guaranty Com | |
| Lorack Donald A | $327,000 | First American Title | |
| The Bank Of New York Mellon | $995,000 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kwas Andrew M | $1,100,000 | |
| Previous Owner | Lorack Donald A | $820,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $2,400,000 | -3.2% | $493 / Sq Ft | |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 02/06/2023 02/06/23 | For Sale | $2,480,000 | +37.8% | $510 / Sq Ft | |
| 03/31/2021 03/31/21 | Sold | $1,800,000 | +1.4% | $370 / Sq Ft | View Prior Sale |
| 03/06/2021 03/06/21 | For Sale | $1,775,000 | 0.0% | $365 / Sq Ft | |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- | |
| 02/08/2021 02/08/21 | For Sale | $1,775,000 | +119.1% | $365 / Sq Ft | |
| 02/04/2012 02/04/12 | Sold | $810,000 | 0.0% | $167 / Sq Ft | View Prior Sale |
| 11/08/2011 11/08/11 | Pending | -- | -- | -- | |
| 10/10/2011 10/10/11 | For Sale | $810,000 | -- | $167 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $29,786 | $2,496,958 | $624,242 | $1,872,716 |
| 2023 | $29,786 | $1,872,720 | $468,180 | $1,404,540 |
| 2022 | $23,728 | $1,836,000 | $459,000 | $1,377,000 |
| 2021 | $19,041 | $1,474,860 | $406,134 | $1,068,726 |
| 2020 | $18,160 | $1,459,738 | $401,970 | $1,057,768 |
| 2019 | $17,838 | $1,431,117 | $394,089 | $1,037,028 |
| 2018 | $17,496 | $1,403,057 | $386,363 | $1,016,694 |
| 2017 | $17,233 | $1,375,547 | $378,788 | $996,759 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Patakas
-
Maria Patakas
M
Seller Co-Listing Agent in 2023
Maria Patakas
Desert Sotheby's International Realty
(760) 464-4650
2 in this area
101 Total Sales
-
Tom Deleeuw
Buyer's Agent in 2023
Tom Deleeuw
Coldwell Banker Realty
(760) 409-7662
3 in this area
43 Total Sales
-
Keith Roberts
Buyer Co-Listing Agent in 2023
Keith Roberts
Coldwell Banker Realty
(760) 333-3112
3 in this area
38 Total Sales
-
Jordan Nedeff
Seller's Agent in 2021
Jordan Nedeff
COMPASS
(626) 755-9291
1 in this area
32 Total Sales
-
Marcie Sabatella
M
Seller Co-Listing Agent in 2021
Marcie Sabatella
COMPASS
(626) 807-9394
1 in this area
24 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219090497
APN: 686-520-007
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