NOT LISTED FOR SALE

Estimated Value: $703,000 - $1,113,000

4 Beds
3 Baths
2,517 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $644,200 $256 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,635/month

142 Days on Market

Highlights

  • Attached Guest House
  • Tennis Courts
  • RV Parking in Community
  • Palm Springs High School Rated A-
  • Heated Spa
  • 1-minute walk to Alta Cresta Park

About This Home

As of September 2017

A man's home is his Castle! Truer words were never spoken of a home than this one! You will feel like you are entering your own Grand Castle, even the faux painting on the walls reflects a stone wall feel out of another era! There is over 400k in upgrades invested in this very unique estate! The lot sits on over 12,600 sq. ft. and the back yard is like a hotel resort including pool, rocks, waterfall, swim up bar, firepit, palapas, & sunken patio. This home has 3 bedrooms plus a private casita with its' own entrance, 3 car gar, gated RV/Boat parking, inside laundry rm w/storage cabinets, dual HVAC units, and completely owned Solar System. The kitchen features granite counters, stainless appliances, and lg pantry. The large great room features a cast stone fireplace & accordion glass doors that open up to the back yard and run along the entire back side of the house. Gorgeous Mtn. Views abound. HOA only 100/mo. This home is an entertainer's delight & a showplace to proudly call home!

Last Agent to Sell the Property

Carol Appel

HomeSmart License #01805889 Listed on: 04/02/2017

HomeSmart

Last Buyer's Agent

Carol Appel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,048

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Premium Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Mountain
  • Desert

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,517 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Custom Window Coverings
  • Great Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Home Security

  • Window Bars
  • Security System Owned

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Tennis Courts
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • Attached Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 669570012

Community Details

Overview

  • Association fees include building & grounds
  • Mountain Gate Subdivision
  • RV Parking in Community
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,048

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One, Ground
  • Builders Tract Code: Mountain Gate
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: May be willing to leave furniture
  • List Price per Sq Ft: 277.71
  • Lp Sp Ratio: 0.9216
  • Unit Total In Complex: 500
  • View Type: Desert, Mountain(s)
  • Year Built: 2005
  • Listing I D: 217009842
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 657-2612
  • 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 Member Fax: (760) 657-2612
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Mountain Gate
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Kitchen Features: Island, Granite Slab Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2517.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Premium Lot, Tennis Court, Solar System Owned
  • Other Structures: Guest House Attached
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: Gunite
  • Pool Description: Heated, Salt Water
  • Pool Location: Private, Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Private, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access, Window Bars, Security System Owned
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Community Features: RV Access/Parking
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Barbecue, Tennis Courts, Playground, Picnic Area, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 100.00
  • Total Monthly Association Fees: 100.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 669570012
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.2900
  • Lot Description: Level
  • Lot Size: 12632.00

Rental Info

  • Will Consider Lease: Yes
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Reeser Terry and Reeser Aleta
Bought by
Reeser Family 2015 Revocable Trust and Reeser
Current Estimated Value
$889,751

Purchase Details

Listed on
Apr 2, 2017
Closed on
Aug 30, 2017
Sold by
Kertenian Daniel and Kertenian Suzy
Bought by
Reeser Terry and Reeser Aleta
Seller's Agent
Carol Appel
HomeSmart
Buyer's Agent
Carol Appel
List Price
$699,000
Sold Price
$644,200
Premium/Discount to List
-$54,800
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$350,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2014
Closed on
Feb 27, 2015
Sold by
Mulloy Chris
Bought by
Kertenian Daniel and Kertenian Suzy
Seller's Agent
Ryan Cummings
Sotheby's International Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$695,000
Sold Price
$610,000
Premium/Discount to List
-$85,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
Original Mortgage
$417,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Wisot Alison K and Bygrave Troy
Bought by
Mulloy Chris

Purchase Details

Closed on
Dec 9, 2004
Sold by
Mountain Gate Palm Springs Ventures Llc
Bought by
Wisot Alison K and Bygrave Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,416
Interest Rate
5.37%
Mortgage Type
New Conventional
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
Reeser Family 2015 Revocable Trust -- None Listed On Document
Reeser Terry $644,500 Orange Coast Title Company
Kertenian Daniel $610,000 Oct
Mulloy Chris $530,000 Investors Title Company
Wisot Alison K $441,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeser Terry $350,000
Previous Owner Kertenian Daniel $417,000
Previous Owner Mulloy Chris $250,000
Previous Owner Wisot Alison K $352,416
Closed Wisot Alison K $44,052
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2017 09/26/17 Sold $644,200 -7.8% $256 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $699,000 +8.5% $278 / Sq Ft
07/06/2017 07/06/17 Off Market $644,200 -- --
04/19/2017 04/19/17 For Sale $699,000 +8.5% $278 / Sq Ft
04/02/2017 04/02/17 Off Market $644,200 -- --
04/02/2017 04/02/17 For Sale $699,000 +14.6% $278 / Sq Ft
03/24/2015 03/24/15 Sold $610,000 -3.0% $242 / Sq Ft
02/08/2015 02/08/15 Price Changed $629,000 -4.6% $250 / Sq Ft
01/21/2015 01/21/15 Price Changed $659,500 -5.1% $262 / Sq Ft
12/30/2014 12/30/14 For Sale $695,000 -- $276 / 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 $10,048 $732,983 $182,050 $550,933
2023 $10,048 $704,523 $174,982 $529,541
2022 $10,395 $690,709 $171,551 $519,158
2021 $10,166 $677,167 $168,188 $508,979
2020 $9,709 $670,225 $166,464 $503,761
2019 $9,879 $657,084 $163,200 $493,884
2018 $9,414 $644,200 $160,000 $484,200
2017 $9,594 $631,687 $158,439 $473,248
2016 $9,339 $619,302 $155,333 $463,969
2015 $7,855 $514,000 $120,000 $394,000
2014 $6,732 $416,000 $97,000 $319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217009842

California Desert Association of REALTORS®

APN: 669-570-012