NOT LISTED FOR SALE

Estimated Value: $789,000 - $908,315

5 Beds
5 Baths
4,172 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $581,000 $139 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,409/month

7 Days on Market

Highlights

  • Pool House
  • Primary Bedroom Suite
  • 14,810 Sq Ft lot
  • Palm Desert High School Rated A
  • Gated Community
  • Family Room with Fireplace

About This Home

As of December 2020

This large Regency Estates home, nestled in a quiet cul-de-sac, was a weekend retreat for a renowned Hollywood writer. With a Beverly Hills aesthetic the 1st floor was reconfigured to create privacy and quiet in multiple living, working and entertaining spaces.This expansive two-story house sits on a 14,800 sq ft lot, has 4 bedrooms, 3 1/2 bathrooms, formal entry, large living room with fireplace, formal dining room, oversized gourmet cook's kitchen with side-by-side subzero fridge/freezer, Viking professional cooktop, double ovens, and two dishwashers. The kitchen opens to a great room with fireplace and large breakfast nook. 3 bonus rooms offer options for home offices, den, exercise and/or playroom. The 1st floor master has a fireplace, ensuite bathroom with his and hers walk in closets, dressing rooms, and water closets. This bright and sunny house hosts a large beautiful backyard with grotto-style walk-in pool, spa with waterfall, lawn, citrus trees and lush greenery offering a private and relaxing setting. There are multiple outdoor dining, seating, and entertainment areas plus second floor balcony to enjoy this desert oasis with colorful sunsets. There is a 4th bonus outdoor bathroom and changing area as well as tons of outdoor built-in storage and a 3-car garage.Regency Estates is a private gated community with tennis courts and low HOA's. With some creativity and TLC you can make it your dream home. Priced to sell.

Last Agent to Sell the Property

Janice Glaab

Bennion Deville Homes License #01974842 Listed on: 11/27/2020

Last Buyer's Agent

Brad Schmett

Brad Schmett Real Estate Group License #01275226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,320

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Home has North and South Exposure
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 4,172 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Awning
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Room
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Pool

  • Pool House
  • In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature
  • In Ground Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 626380035

Community Details

Overview

  • Built by Peter Solomon
  • Regency Estates Subdivision, Empress Floorplan
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Basketball Court

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,320

Year Built

Built in 1993

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Two
  • Builder Model Name: Empress
  • Builder Name: Peter Solomon
  • Building Number Of Stories: 2
  • Building Style: Mediterranean
  • Entry Location: Main Level
  • List Price per Sq Ft: 125.36
  • Lp Sp Ratio: 1.1100
  • Water District Name: Coachella Valley Water District
  • Year Built: 1993
  • Listing I D: 219053760
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Regency Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Family Room, Great Room
  • Interior Amenities: Vaulted Ceiling(s)
  • Fireplace Features: Gas
  • Flooring: Carpet
  • Bedroom Features: Dressing Area, Walk In Closet, Master Suite, Master Retreat, Main Floor Master Bedroom
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Laundry: Individual Room
  • Estimated Sq Ft: 4172.00

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: Pool House
  • Roofing: Tile
  • Fencing: Stucco Wall, Wrought Iron
  • Foundation: Slab
  • Patio: Awning(s)
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Waterfall, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Security: Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Basketball Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 190.00
  • Total Monthly Association Fees: 190.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 626380035
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Yard, Street Paved, Landscaped, Lawn, Front Yard, Fenced
  • Lot Location: Cul-De-Sac
  • Lot Size: 14810.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Dec 11, 2020
Sold by
Gelbart Sasha and Gelbart Nicole
Bought by
Stone Hal B and Stone Lynda A
Seller's Agent
Janice Glaab
Bennion Deville Homes
Buyer's Agent
Brad Schmett
Brad Schmett Real Estate Group
List Price
$523,000
Sold Price
$581,000
Premium/Discount to List
$58,000
11.09%
Current Estimated Value
$850,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,329
Avg. Annual Appreciation
8.24%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Gelbart Marriam Pat
Bought by
Gelbart Marriam Pat and Gelbart Family Trust

Purchase Details

Closed on
Oct 12, 2010
Sold by
Gelbart Marriam Pat
Bought by
Gelbart Marriam Pat and Marriam Pat Gelbart Trust

Purchase Details

Closed on
Jan 30, 2003
Sold by
Gelbart Larry and Gelbart Pat
Bought by
Gelbart Larry and Gelbart Marriam Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.93%

Purchase Details

Closed on
Mar 18, 1998
Sold by
Gelbart Larry and Gelbart Pat
Bought by
Gelbart Larry and Gelbart Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7%

Purchase Details

Closed on
Jul 11, 1996
Sold by
Gelbart Larry and Gelbart Pat
Bought by
Gelbart Living Trust

Purchase Details

Closed on
Mar 5, 1996
Sold by
Johnson Richard P and Johnson Susan C
Bought by
Gelbart Larry and Gelbart Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

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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
Stone Hal B $581,000 Orange Coast Title Co
Gelbart Marriam Pat -- None Available
Gelbart Marriam Pat -- None Available
Gelbart Larry -- Fidelity National Title Co
Gelbart Larry -- Commonwealth Land Title Co
Gelbart Living Trust -- --
Gelbart Larry $420,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelbart Larry $175,000
Previous Owner Gelbart Larry $178,000
Previous Owner Gelbart Larry $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $581,000 +11.1% $139 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $523,000 -- $125 / Sq Ft
Source: California Desert 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 $8,320 $628,892 $54,121 $574,771
2023 $8,320 $604,472 $52,020 $552,452
2022 $7,852 $592,620 $51,000 $541,620
2021 $7,699 $581,000 $50,000 $531,000
2020 $8,462 $648,720 $102,000 $546,720
2019 $8,304 $636,000 $75,000 $561,000
2018 $8,344 $639,526 $145,991 $493,535
2017 $8,192 $626,987 $143,129 $483,858
2016 $8,010 $614,694 $140,323 $474,371
2015 $8,027 $605,463 $138,216 $467,247
2014 $7,727 $593,605 $135,509 $458,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219053760

California Desert Association of REALTORS®

APN: 626-380-035