NOT LISTED FOR SALE

861 E Granvia Valmonte Palm Springs, CA 92262

The Movie Colony Neighborhood

Estimated Value: $3,349,000 - $4,711,000

5 Beds
5.5 Baths
4,358 Sq Ft
$960/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $4,250,000 $975 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $27,249/month

20 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • Heated Lap Pool
  • 4-minute walk to Ruth Hardy Park

About This Home

As of March 2022

Exquisite Modern Estate In Movie Colony Proper. This flawless contemporary masterpiece is located on one of the best streets in the famed Movie Colony neighborhood. With 4,358 sq ft of interior living space, this 5 bedrooms & 6 bathroom home features timeless modern design & a perfectly thought out layout. This compound has a gorgeous front exterior living space with fireplace, privacy & mountain views. Upon formal entry, enjoy the open layout with gourmet kitchen that features Thermador ovens & stove plus Subzero refrigerator & butler's kitchen. Kitchen opens to the living room & formal dining room. Enjoy movie night in the media room with 8k projection system & Atmos surround sound. 10-12 Fleetwood glass doors line both sides of the home allowing ample natural light to flow while accentuating the natural beauty. Master suite features a lavish master bathroom with heated floors, walk in shower plus steam shower. Three additional guest suites are wonderfully separated from the master wing. Spacious casita features kitchenette & is currently opened to the main residence. Four car garage beyond motorized gate & driveway is ready for your toys. 57 owned solar panels plus a tesla battery make this home energy efficient. The south facing backyard features an oversized pool, perfect for laps, a spa plus firepit & incredible vistas of Mt San Jacinto. This phenomenal residence is stylish & sophisticated while maintaining comfortability and warmth.

Last Agent to Sell the Property

David Emerson

Compass License #01376513 Listed on: 02/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,035

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Stucco Fence
  • Drip System Landscaping
  • Premium Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back Yard

Property Views

  • Panoramic
  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 4,358 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Wood Flooring
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Breakfast Bar
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Car Direct Access Garage
  • 4 Carport Spaces
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Green Features
  • Solar owned by seller

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Pool Tile
  • Heated Spa
  • In Ground Spa
  • Ceramic Spa Tile

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • 220 Volts
  • Cable TV Available

Community Details

  • Movie Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507212015

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,035

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Building Style: Contemporary, Modern
  • Entry Floor: 1
  • List Price per Sq Ft: 916.70
  • Lp Sp Ratio: 1.0600
  • View Type: Hills, Pool, Panoramic, Mountain(s)
  • Year Built: 2020
  • Listing I D: 219074232
  • Listing Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Listing Office Fax: (949) 335-7281
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Street Direction: E
  • Land Type: Fee
  • New Construction: Yes
  • Subdivision: Movie Colony
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Exhaust Fan, Refrigerator, Gas Dryer Hookup, Disposal
  • Range Hood: Yes
  • Flooring: Wood
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Pantry, Kitchenette, Island
  • Laundry: In Closet, Laundry Area, Individual Room
  • Estimated Sq Ft: 4358.00
  • Windows Treatments: Custom Window Covering, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Premium Lot, Solar System Owned
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground, Tile
  • Pool Description: Heated, Salt Water, Private, In Ground, Lap
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Tile
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Oversized, Driveway, Garage Door Opener, Direct Entrance
  • Total Carport Spaces: 4.00
  • Total Covered Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 18.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Cooling Type: Air Conditioning, Heat Pump, Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Heat Pump
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: In Street

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507212015
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Back Yard, Yard, Private, Street Paved, Single Lot, Rectangular Lot, Landscaped, Lawn, Curbs
  • Lot Size: 16553.00

Green Features

  • Green Features: Yes

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 1, 2022
Sold by
Lee Green Larry
Bought by
Spartina918 Llc
Seller's Agent
David Emerson
Compass
List Price
$3,995,000
Sold Price
$4,250,000
Premium/Discount to List
$255,000
6.38%
Current Estimated Value
$4,182,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,368
Avg. Annual Appreciation
-0.46%

Purchase Details

Closed on
Oct 27, 2020
Sold by
Bailey Stevan M and Benavidez Roy M
Bought by
Green Larry Lee and Taniguchi Gary Takeru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,359,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Jan 26, 2018
Sold by
Allen Roger L
Bought by
Bailey Stevan M and Benavidez Roy M
Seller's Agent
Marilyn Bauer
Bennion Deville Homes
Buyer's Agent
Kenny Jervis
Berkshire Hathaway HomeServices California Properties
List Price
$1,125,000
Sold Price
$1,023,000
Premium/Discount to List
-$102,000
-9.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.81%
Original Mortgage
$869,550
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2013
Sold by
Baird Taylor S
Bought by
Baird Taylor S and Allen Roger L

Purchase Details

Closed on
Sep 8, 2008
Sold by
Susman Martin and Susman Shelley
Bought by
Baird Taylor S

Purchase Details

Closed on
Sep 13, 2006
Sold by
Susman Martin
Bought by
Susman Martin and Susman Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,500
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Susman Shelley
Bought by
Susman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Susman Shelley
Bought by
Susman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Hershberger Virginia
Bought by
Susman Martin and Susman Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1999
Sold by
Yocum Laura E
Bought by
Hershberger Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
3.12%
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 Buyer Sale Price Title Company
Spartina918 Llc $4,250,000 Chicago Title
Green Larry Lee $3,390,000 Chicago Title
Bailey Stevan M $1,023,000 Lawyers Title
Baird Taylor S -- None Available
Baird Taylor S $770,000 Equity Title Orange County-I
Susman Martin -- None Available
Susman Martin -- Fnt
Susman Martin -- Multiple
Susman Martin $760,000 First American Title Co
Hershberger Virginia L $470,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Larry Lee $2,359,000
Previous Owner Bailey Stevan M $510,400
Previous Owner Bailey Stevan M $869,550
Previous Owner Baird Taylor S $325,000
Previous Owner Baird Taylor S $100,000
Previous Owner Susman Martin $1,074,000
Previous Owner Susman Martin $69,000
Previous Owner Susman Martin $955,500
Previous Owner Susman Martin $750,000
Previous Owner Susman Martin $37,000
Previous Owner Susman Martin $608,000
Previous Owner Hershberger Virginia L $536,000
Previous Owner Hershberger Virginia L $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $4,250,000 +6.4% $975 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $3,995,000 +290.5% $917 / Sq Ft
03/21/2018 03/21/18 Sold $1,023,000 -9.1% $284 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $1,125,000 0.0% $313 / Sq Ft
05/03/2016 05/03/16 Rented $3,850 0.0% --
04/13/2016 04/13/16 For Rent $3,850 0.0% --
04/04/2016 04/04/16 Off Market $3,850 -- --
04/04/2016 04/04/16 For Rent $3,850 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $54,035 $4,510,133 $1,220,389 $3,289,744
2023 $54,035 $4,335,000 $1,173,000 $3,162,000
2022 $44,921 $3,457,800 $856,800 $2,601,000
2021 $43,992 $3,390,000 $840,000 $2,550,000
2020 $13,495 $1,064,328 $372,515 $691,813
2019 $13,260 $1,043,460 $365,211 $678,249
2018 $11,286 $884,614 $261,435 $623,179
2017 $11,120 $867,269 $256,309 $610,960
2016 $10,792 $850,265 $251,284 $598,981
2015 $10,374 $837,495 $247,510 $589,985
2014 $10,268 $821,091 $242,662 $578,429
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Emerson

    Compass

  • Marilyn Bauer

    Seller's Agent in 2018

    Marilyn Bauer

    Bennion Deville Homes

    (760) 333-6303

    79 Total Sales

    Marilyn Bauer
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    Roxanne Bauer

    Bennion Deville Homes

    (760) 832-2192

    63 Total Sales

    Roxanne Bauer
    Section Image
  • Kenny Jervis

    Buyer's Agent in 2018

    Kenny Jervis

    Berkshire Hathaway HomeServices California Properties

    (760) 323-5000

    1 in this area

    79 Total Sales

    Kenny Jervis
    Section Image
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219074232

Greater Palm Springs Multiple Listing Service

APN: 507-212-015

California Riverside County Palm Springs 92262 The Movie Colony

861 E Granvia Valmonte, Palm Springs, CA

This home is located at 861 E Granvia Valmonte, Palm Springs, CA 92262 since 18 February 2022 and is currently estimated at $4,182,632, approximately $959 per square foot. This property was built in 2020. 861 E Granvia Valmonte 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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