NOT LISTED FOR SALE

Estimated Value: $2,315,000 - $3,687,000

5 Beds
5 Baths
3,494 Sq Ft
$871/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $1,500,000 $429 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $18,041/month

134 Days on Market

About This Home

As of January 2014

Back on the market !! This spectacular Mid-Century Modern home has been brilliantly reinterpreted for today's living. Located in Vista Las Palmas on over a half an acre premium mountain view lot behind walls and gates, this classic modern house is ready for entertaining on a grand or intimate scale. Walls of floor to ceiling glass throughout create the ultimate indoor-outdoor lifestyle. The main house has a newly redesigned kitchen that is open to the breakfast room, family room and views. Large living room with fireplace and mountain views. Master bedroom, large bath and walk-in closet. Two additional guest bedrooms and baths. The guest house has two bedrooms, two baths, living room with fireplace, views of the pool, garden and mountains. Income producing property in excess of $100K annually. Exceptional offering.

Last Agent to Sell the Property

Nelson - Moe Group

Compass Listed on: 09/09/2013

Compass

Co-Listed By

Cat Moe

Compass License #01324158

Last Buyer's Agent

Paul Pedrazas

HomeSmart Professionals License #01767560

HomeSmart Professionals

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,974

Year Built

1958

Lot Details

0

Listing Details

  • Active Date: 2013-12-21
  • Building Size: 3494.0
  • Building Structure Style: Mid Century
  • Driving Directions: Via Monte Vista to W. Crescent. Go West towards the mountain. Property on left hand side.
  • Full Street Address: 677 W CRESCENT DR
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2014-06-09
  • Spa Construction: In Ground
  • Spa Descriptions: Heated
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Advertising Remarks: Back on the market !! This spectacular Mid-Century Modern home has been brilliantly reinterpreted for today's living. Located in Vista Las Palmas on over a half an acre premium mountain view lot behind walls and gates, this classic modern house is ready
  • Total Bedrooms: 5
  • Builders Tract Code: 5920
  • Builders Tract Name: VISTA LAS PALMAS
  • Fireplace: Yes
  • Spa: Yes
  • Fireplace Rooms: Family Room, Guest House, Living Room
  • Floor Material: Carpet, Ceramic Tile, Marble
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 23087
  • Common Walls: Detached/No Common Walls
  • Other Structures: GuestHouse

Garage/Parking

  • Parking Features: Direct Garage Access, Gated
  • Parking Type: Garage - Two Door

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Arnold Ivan
Bought by
Zhou Peiliang
Current Estimated Value
$3,042,538

Purchase Details

Closed on
Oct 19, 2019
Sold by
Wang Xiaoyan
Bought by
Zhou Peiliang

Purchase Details

Listed on
Sep 9, 2013
Closed on
Jan 21, 2014
Sold by
Mohajer Shojaee Pooneh
Bought by
Arnold Ivan
Seller's Agent
Nelson - Moe Group
Compass
Buyer's Agent
Paul Pedrazas
HomeSmart Professionals
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Listed on
Sep 9, 2013
Closed on
Jan 17, 2014
Sold by
Ps Lhp Iv Lp
Bought by
Zhou Peiliang and Arnold Ivan
Seller's Agent
Nelson - Moe Group
Compass
Buyer's Agent
Paul Pedrazas
HomeSmart Professionals
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 25, 2012
Sold by
Deutshce Bank Trust Company Americas
Bought by
Ps Lhp Iv Lp
Seller's Agent
Lisa Scheinwald
Palm Springs Town & Country Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$949,900
Sold Price
$1,060,000
Premium/Discount to List
$110,100
11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.89%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Oct 2, 2012
Sold by
Ocarroll John P and Milani David J
Bought by
Deutsche Bank Trust Company Americas
Seller's Agent
Lisa Scheinwald
Palm Springs Town & Country Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$949,900
Sold Price
$1,060,000
Premium/Discount to List
$110,100
11.59%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Sklarin Roy
Bought by
Ocarroll John P and Milani David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2004
Sold by
Butler William G
Bought by
Sklarin Roy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2000
Sold by
Mot Patterson Marcia
Bought by
Butler William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2000
Sold by
Patterson William A
Bought by
Patterson Marcia Motley
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
Zhou Peiliang $800,000 Orange Coast Ttl Co Of Socal
Zhou Peiliang -- Orange Coast Title
Arnold Ivan -- Equity Title Company
Zhou Peiliang -- Equity Title Company
Zhou Peiliang $1,500,000 Equity Title Company
Ps Lhp Iv Lp $1,060,000 Chicago Title Company
Deutsche Bank Trust Company Americas $1,144,000 Accommodation
Ocarroll John P $2,000,000 Southland Title
Sklarin Roy F $1,055,000 Orange Coast Title Co
Butler William G $565,000 Orange Coast Title
Patterson Marcia Motley -- Orange Coast Title
Patterson Marcia Motley -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ocarroll John P $1,400,000
Previous Owner Sklairn Roy $115,000
Previous Owner Sklarin Roy F $844,000
Previous Owner Butler William G $452,000
Previous Owner Butler William G $452,000
Closed Ocarroll John P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $1,500,000 -11.5% $429 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
09/09/2013 09/09/13 For Sale $1,695,000 +59.9% $485 / Sq Ft
11/26/2012 11/26/12 Sold $1,060,000 +11.6% $303 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $949,900 -- $272 / 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 $21,974 $1,820,755 $637,262 $1,183,493
2023 $21,974 $1,750,055 $612,517 $1,137,538
2022 $22,424 $1,715,741 $600,507 $1,115,234
2021 $21,963 $1,682,100 $588,733 $1,093,367
2020 $20,958 $1,664,853 $582,697 $1,082,156
2019 $20,793 $1,648,370 $576,928 $1,071,442
2018 $21,622 $1,616,050 $565,617 $1,050,433
2017 $20,096 $1,584,364 $554,527 $1,029,837
2016 $19,498 $1,553,299 $543,654 $1,009,645
2015 $18,758 $1,529,969 $535,489 $994,480
2014 $13,254 $1,064,811 $371,679 $693,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-702683PS

APN: 505-145-008