$950,000
SOLD JUL 31, 2018

650 N Phillips Rd Palm Springs, CA 92262

The Movie Colony Neighborhood
4 Beds
4 Baths
2,765 Sq Ft
0.3 Acres

Recently Sold

$344 Per Sq Ft

19% Below List Price

102 Days on Market

About This Home

As of July 2018

The fabled Movie Colony is the location of this picture perfect Central Palm Springs property. Just shy of 2800 sq. ft. the main house has 3~bedrooms~and 2.5 updated baths. ~The~sumptuous master suite with views to the backyard~has~2 closets, including a~large~walk-in~closet. Two guest rooms on the West side take in the extraordinary views of the mountain ranges. The large and grand living and dining area with fireplace is open to the chefs kitchen with an~oversized center island with plenty of room for family and friends.~The spacious back yard with center placed pool has generous room for lots of chaise lounges and dining spots either under the covered patio or not. The separate guest casita with fireplace and step down wet bar plus separate bedroom and bath also takes in the views of the lush and green back yard.~

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 02/21/2018

Bennion Deville Homes

Last Buyer's Agent

Bill Dutton

AC Palm Desert Referrals License #01728329

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,916

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2018-02-21
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 2765.0
  • Building Structure Style: Ranch
  • Driving Directions: From Tamarisk go South on Phillips. Property is located on the East side of the street.
  • Full Street Address: 650 N PHILLIPS RD
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2018-07-31
  • Spa Construction: Above Ground
  • Spa Descriptions: Heated, Private Spa
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Bathroom Features: Shower Stall
  • Bedroom Features: Master Bedroom
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Built-Ins, Range, Built-In Electric, Oven
  • Advertising Remarks: The fabled Movie Colony is the location of this picture perfect Central Palm Springs property. Just shy of 2800 sq. ft. the main house has 3~bedrooms~and 2.5 updated baths. ~The~sumptuous master suite with views to the backyard~has~2 closets, including a~
  • Total Bedrooms: 4
  • Builders Tract Code: 5620
  • Builders Tract Name: MOVIE COLONY
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Recirculated Exhaust Fan, Refrigerator
  • Floor Material: Carpet
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 13068
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse, Guest House Attached
  • Patio: Covered Porch, Covered
  • Windows: Bay/Bow
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Back Yard, Landscaped, Lawn, Street Paved, Walk Street

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 4, 2018
Sold by
Rouse Ii John Stanley
Bought by
Troncoso Jose Carlos and Schreier Carl Alan
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
Bill Dutton
AC Palm Desert Referrals
List Price
$1,170,000
Sold Price
$950,000
Premium/Discount to List
-$220,000
-18.8%
Current Estimated Value
$1,924,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,429
Avg. Annual Appreciation
10.36%
Original Mortgage
$1,435,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 11, 2012
Sold by
Cornish Robert L
Bought by
Rouse Ii John Stanley and John Stanley Rouse Ii Trust
Seller's Agent
Roger Sullivan
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$669,300
Sold Price
$650,000
Premium/Discount to List
-$19,300
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 5, 2012
Sold by
Robert L Cornish Family Limited Partners
Bought by
Cornish Robert L
Seller's Agent
Roger Sullivan
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$669,300
Sold Price
$650,000
Premium/Discount to List
-$19,300
-2.88%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Cornish Robert L
Bought by
Robert L Cornish Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2001
Sold by
Cornish Robert L and Cornish Phyllis G
Bought by
Cornish Robert L

Purchase Details

Closed on
May 12, 1998
Sold by
Cornish Robert L
Bought by
Cornish Robert L and Cornish Phyllis G
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 Type Sale Price Title Company
Grant Deed $950,000 Old Republic Title Company
Grant Deed $650,000 Orange Coast Title Co
Interfamily Deed Transfer -- Orange Coast Title Co
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,435,000 Adjustable Rate Mortgage/ARM
Previous Owner $900,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $950,000 -4.5% $344 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $995,000 -3.3% $360 / Sq Ft
05/09/2018 05/09/18 Price Changed $1,029,000 -6.0% $372 / Sq Ft
04/07/2018 04/07/18 Price Changed $1,095,000 -2.6% $396 / Sq Ft
03/21/2018 03/21/18 Price Changed $1,124,000 -3.9% $407 / Sq Ft
02/21/2018 02/21/18 For Sale $1,170,000 +80.0% $423 / Sq Ft
12/26/2012 12/26/12 Sold $650,000 -2.9% $235 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $669,300 -- $242 / Sq Ft
Source: Palm Springs Regional 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 $13,916 $1,152,017 $370,908 $781,109
2023 $13,916 $1,107,285 $356,506 $750,779
2022 $14,196 $1,085,574 $349,516 $736,058
2021 $12,893 $985,858 $342,663 $643,195
2020 $12,307 $975,750 $339,150 $636,600
2019 $12,009 $950,000 $332,500 $617,500
2018 $9,029 $703,463 $232,141 $471,322
2017 $8,896 $689,671 $227,590 $462,081
2016 $8,636 $676,149 $223,128 $453,021
2015 $8,298 $665,994 $219,777 $446,217
2014 $8,209 $652,950 $215,473 $437,477
Source: Public Records

Agents Affiliated with this Home

  • Patrick Jordan

    Seller's Agent in 2018

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    3 in this area

    276 Total Sales

    Patrick Jordan
    Section Image

  • B

    Buyer's Agent in 2018

    Bill Dutton

    AC Palm Desert Referrals

    Section Image

  • R

    Seller's Agent in 2012

    Roger Sullivan

    Bennion Deville Homes

    Section Image

  • E

    Seller Co-Listing Agent in 2012

    Eric Egy

    Keller Williams Realty

  • U

    Buyer's Agent in 2012

    Unknown Member

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-314338PS

APN: 507-202-019

California Riverside County Palm Springs 92262 The Movie Colony

650 N Phillips Rd, Palm Springs, CA

This home is located at 650 N Phillips Rd, Palm Springs, CA 92262 and is currently priced at $950,000, approximately $343 per square foot. This property was built in 1962. 650 N Phillips Rd is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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