NOT LISTED FOR SALE

Estimated Value: $1,887,000 - $2,878,000

5 Beds
4 Baths
2,901 Sq Ft
$840/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $1,395,000 $481 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $14,501/month

13 Days on Market

Highlights

  • Attached Guest House
  • Heated In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Covered Patio or Porch

About This Home

As of April 2018

BEST DEAL in Vista Las Palmas! Mid-Century Modern Charles Dubois AIA-Alexander built-H3K-Remodeled home. Prime opportunity to own a fabulous property in VLP! Upgraded 2,901 square feet / 5 bedroom / 4 bathroom paradise in the desert. Former Mayor's residence turned restaurateurs' vacation home featuring a 4 bed / 3 bath main house and 5th bed 4th bath attached guest house and private entrance. Light, bright spacious entertainers kitchen and nook flows to a modern dining room / open layout living area opening to a outdoor living area / pool & spa for that true Palm Springs Lifestyle! Incredible breathtaking mountain views from the very private palm tree filled backyard! Clerestory windows provide light filled ambiance throughout the home. A desert dweller / A weekender dream home / or a successful vacation rental. The opportunity is here! Walking and biking distance to Coffee / Restaurants / Shopping / Hiking Entertainment and more! Experience Palm Springs perfection. Take advantage now

Last Agent to Sell the Property

Sean Gerber

HomeSmart License #01310583 Listed on: 02/13/2018

HomeSmart

Last Buyer's Agent

Sean Gerber

First Team Real Estate License #01310583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,190

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Home has East and West Exposure

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Foam Roof

Interior Spaces

  • 2,901 Sq Ft Home
  • 1-Story Property
  • Raised Hearth
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Additional Features

  • Covered Patio or Porch
  • Attached Guest House

Community Details

  • Vista Las Palmas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 505122007

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,190

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Vista Las Palmas
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Modern
  • List Price per Sq Ft: 480.87
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1961
  • Listing I D: 218005436
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Vista Las Palmas
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Raised Hearth
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: Individual Room
  • Estimated Sq Ft: 2901.00

Exterior Features

  • Other Structures: Guest House Attached
  • Roofing: Foam
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 505122007
  • Lot Acres: 0.2800
  • Lot Size: 12197.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Ballreich Karen L
Bought by
Ballreich Karen L
Current Estimated Value
$2,367,781

Purchase Details

Closed on
Oct 3, 2019
Sold by
Krueger John Frederick and Krueger Laurie Mae
Bought by
Krueger John and Krueger Lourie

Purchase Details

Listed on
Feb 13, 2018
Closed on
Feb 27, 2018
Sold by
Kim Andrew Y and Spahr Adrienne
Bought by
Krueger John Frederick and Krueger Laurie Mae
Seller's Agent
Sean Gerber
HomeSmart
Buyer's Agent
Sean Gerber
HomeSmart Professionals
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Apr 17, 2013
Closed on
May 28, 2013
Sold by
South Pointe Equities Llc
Bought by
Kim Andrew Y and Spahr Adrienne
Seller's Agent
Leaskou-King & Associates
Desert Lifestyle Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,375,000
Sold Price
$1,295,000
Premium/Discount to List
-$80,000
-5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$971,250
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 9, 2012
Closed on
Dec 11, 2012
Sold by
Green Christopher J
Bought by
South Pointe Equities Llc
Seller's Agent
Heidi Meaney
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$949,000
Sold Price
$808,000
Premium/Discount to List
-$141,000
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.53%
Original Mortgage
$726,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Green Christopher J
Bought by
Green Christopher J

Purchase Details

Closed on
Feb 27, 2004
Sold by
Gustafson Darrel
Bought by
Pougnet Steve P and Green Christopher J

Purchase Details

Closed on
Oct 14, 1996
Sold by
Flanagan Kenneth G and Johnson Karen M
Bought by
Gustafson Darrel and Nelson Kay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
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
Ballreich Karen L -- None Available
Krueger John -- None Available
Krueger John Frederick $1,395,000 Fidelity National Title Ie
Kim Andrew Y $1,295,000 Ticor Title Company
South Pointe Equities Llc $808,000 Lawyers Title Company
Green Christopher J -- None Available
Pougnet Steve P $790,000 Commonwealth Land Title Co S
Gustafson Darrel $325,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Andrew Y $971,250
Previous Owner South Pointe Equities Llc $726,000
Previous Owner Pougnet Steve P $680,000
Previous Owner Pougnet Steve P $680,000
Previous Owner Gustafson Darrel $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $1,395,000 0.0% $481 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,395,000 +7.7% $481 / Sq Ft
07/22/2013 07/22/13 Sold $1,295,000 -5.8% $446 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $1,375,000 +70.2% $474 / Sq Ft
12/21/2012 12/21/12 Sold $808,000 -9.7% $279 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/10/2012 10/10/12 Price Changed $895,000 -5.7% $309 / Sq Ft
09/09/2012 09/09/12 For Sale $949,000 -- $327 / 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 $19,190 $1,587,264 $555,538 $1,031,726
2023 $19,190 $1,525,631 $533,967 $991,664
2022 $19,583 $1,495,718 $523,498 $972,220
2021 $19,181 $1,466,391 $513,234 $953,157
2020 $18,305 $1,451,356 $507,972 $943,384
2019 $17,985 $1,422,899 $498,012 $924,887
2018 $17,647 $1,395,190 $488,046 $907,144
2017 $17,385 $1,367,834 $478,477 $889,357
2016 $16,869 $1,341,015 $469,096 $871,919
2015 $16,226 $1,320,873 $462,050 $858,823
2014 $16,073 $1,295,000 $453,000 $842,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218005436

California Desert Association of REALTORS®

APN: 505-122-007