NOT LISTED FOR SALE

Estimated Value: $1,716,000 - $2,221,000

3 Beds
2 Baths
1,600 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,250,000 $781 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,613/month

107 Days on Market

About This Home

As of August 2019

A classic Mid-Century Butterfly Alexander with stunning mountain views nestled in the center of Vista Las Palmas offering ideal privacy on a 12,000 plus sq. ft. lot. This 3 bedroom, 2 bath property has clean lines throughout and benefits from an abundance of natural light. The open plan kitchen, dining and living areas are enhanced by views of the west-facing backyard, pool and spa. You will especially enjoy entertaining in the large backyard with a superb outdoor kitchen with plenty of space to relax in the sun. Additional features include clerestory windows, tongue and grove ceilings, walls of glass, remodeled kitchen and bathrooms, fireplace, master suite with private patio and a bonus room that can be used as a studio, den, office, fourth bedroom or anyway you choose. This home is located near some of the best restaurants and shops in the Uptown Arts District which are only minutes away. This property is currently a successful vacation rental and is being sold furnished.

Last Agent to Sell the Property

Michael Adams

Bennion Deville Homes License #01822742 Listed on: 04/09/2019

Bennion Deville Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Reinheimer Justin Thomas
Bought by
Reinheimer Justin Thomas Revocable Trust
Total Days on Market
107
Current Estimated Value
$1,928,250

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jul 31, 2019
Sold by
Shanks John M and Coffey Colleen T
Bought by
Reinheimer Justin Thomas
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,595,000
Sold Price
$1,250,000
Premium/Discount to List
-$345,000
-21.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$1,000,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Shanks John and Coffey Colleen
Bought by
Shanks John M and Coffey Colleen T

Purchase Details

Closed on
Oct 1, 2003
Sold by
Clasen Ryan B and Clasen Raili H
Bought by
Shanks John and Coffey Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Clasen Raili H and Walton Raili
Bought by
Clasen Raili H

Purchase Details

Closed on
Dec 3, 2001
Sold by
Marron Armando
Bought by
Dartez Marron Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Hartman Thomas and Hartman Dale
Bought by
Walton Raili and Dartez Marron Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1995
Sold by
Hartman Thomas
Bought by
Hartman Thomas and Hartman Dale

Purchase Details

Closed on
May 5, 1995
Sold by
Hartman Dale
Bought by
Hartman Thomas

Purchase Details

Closed on
Feb 27, 1995
Sold by
Emc Mtg Corp
Bought by
Hartman Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Aug 11, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank
Source: Public Records

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Range of Values:

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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
Reinheimer Justin Thomas Revocable Trust -- --
Reinheimer Justin Thomas $1,250,000 First American Title
Shanks John M -- None Available
Shanks John $690,000 Southland Title
Clasen Raili H -- --
Dartez Marron Dana -- --
Walton Raili -- Fidelity National Title Ins
Walton Raili $410,000 Fidelity National Title Co
Hartman Thomas -- --
Hartman Thomas -- Fidelity National Title Ins
Hartman Thomas $165,000 Fidelity National Title Ins
Emc Mtg Corp $141,500 Fidelity National Title Ins
Great Western Bank $110,885 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reinheimer Justin Thomas $975,000
Previous Owner Reinheimer Justin Thomas $1,000,000
Previous Owner Shanks John M $312,000
Previous Owner Desert Gold Ventures Llc $68,126,666
Previous Owner Shanks John $490,000
Previous Owner Walton Raili $328,000
Previous Owner Hartman Thomas $260,000
Previous Owner Hartman Thomas $159,000
Previous Owner Hartman Thomas $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $1,250,000 -10.4% $781 / Sq Ft
06/21/2019 06/21/19 Price Changed $1,395,000 -6.7% $872 / Sq Ft
05/01/2019 05/01/19 Price Changed $1,495,000 -6.3% $934 / Sq Ft
04/09/2019 04/09/19 For Sale $1,595,000 -- $997 / 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
2023 $16,565 $1,313,970 $147,164 $1,166,806
2022 $16,903 $1,288,207 $144,279 $1,143,928
2021 $16,557 $1,262,949 $141,450 $1,121,499
2020 $15,803 $1,250,000 $140,000 $1,110,000
2019 $11,330 $888,435 $254,902 $633,533
2018 $11,117 $871,015 $249,905 $621,110
2017 $10,953 $853,937 $245,005 $608,932
2016 $10,630 $837,194 $240,201 $596,993
2015 $10,029 $809,000 $232,000 $577,000
2014 $9,545 $762,000 $219,000 $543,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-450812PS

APN: 505-112-024