Seller's Agent in 2022
Geoffrey Moore
Town Real Estate
(760) 641-5689
2 in this area
108 Total Sales
1080 E Adobe Way Palm Springs, CA 92262
Racquet Club Estates NeighborhoodEstimated Value: $758,000 - $1,411,000
3
Beds
2
Baths
1,225
Sq Ft
$879/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Midcentury Modern Architecture
- Living Room with Fireplace
- Palm Springs High School Rated A-
- Mountain View
- No HOA
About This Home
As of February 2022Stop searching for that perfect mid-century home! This is it!! Built by the Alexander Construction Company in 1961, this quintessential mid-century modern home has everything you'll need to start embracing the Palm Springs lifestyle. Enter the home through the original breezeway and step into the main room with open concept kitchen and living room complete with a fireplace. Walls of glass bring the outside in and allow light to flood the room. That's not all! Two guest bedrooms share a hall bath while the master bedroom has it's own dedicated ensuite bath and private patio. Outdoors, a gorgeous, sparkling pool is the perfect place to while the hours away and take in the mountain views. Or, on chilly nights, you can entertain indoors next to the cozy fireplace. There's nothing better than living the indoor-outdoor lifestyle for which Palm Springs is famous. Sold partially furnished, this home will require little to become the desert home of your dreams. Don't wait too long on this one. It won't last long. Schedule your private showing today. All information stated is deemed accurate, but buyers should always verify all details stated or otherwise prior to purchase.
Last Agent to Sell the Property
Town Real Estate License #01942291 Listed on: 01/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,082
Year Built
- Built in 1961
Lot Details
- 9,148 Sq Ft Lot
- South Facing Home
- Property is zoned R1C
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 1,225 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Area
- Concrete Flooring
- Mountain Views
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Attached Carport
Pool
- In Ground Pool
- Gas Heated Pool
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 501-082-037
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2022
Sold by
Thomas Jane
Bought by
Aj Vacay Llc
Current Estimated Value
Purchase Details
Closed on
Apr 22, 2022
Sold by
Jane Thomas
Bought by
Aj Vacay Llc
Purchase Details
Listed on
Jan 13, 2022
Closed on
Jan 25, 2022
Sold by
Costello Trust
Bought by
Thomas Jane
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
Jim Caldwell Jr.
Compass
List Price
$1,199,999
Sold Price
$1,250,000
Premium/Discount to List
$50,001
4.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.15%
Purchase Details
Closed on
Aug 25, 2020
Sold by
Clarke Douglas Alan and Clarke Linda Skov
Bought by
Costello Peter Andrew and Costello Cassandra Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,850
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 25, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Clarke Douglas Alan and Clarke Linda Skov Kristensen
Purchase Details
Closed on
May 15, 2009
Sold by
Margaris John
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Nov 3, 2003
Sold by
Lewis John F
Bought by
Mod Design Consultants Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 10, 2003
Sold by
Mod Design Consultants Llc
Bought by
Margaris John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 24, 2003
Sold by
Lewis Jane S
Bought by
Lewis John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,699
Interest Rate
5.79%
Purchase Details
Closed on
Feb 11, 2003
Sold by
Henry Winslow L
Bought by
Lewis John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,699
Interest Rate
5.79%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aj Vacay Llc | -- | -- | |
| Aj Vacay Llc | -- | None Listed On Document | |
| Thomas Jane | $1,250,000 | First American Title | |
| Costello Peter Andrew | $780,000 | Lawyers Title Company | |
| Clarke Douglas Alan | $240,000 | Ticor Title | |
| Federal Home Loan Mortgage Corporation | $212,220 | Accommodation | |
| Mod Design Consultants Llc | -- | First American Title Co | |
| Margaris John | $315,000 | First American Title Co | |
| Lewis John F | -- | First American Title Co | |
| Lewis John F | $192,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Costello Peter Andrew | $85,850 | |
| Previous Owner | Costello Peter Andrew | $510,400 | |
| Previous Owner | Margaris John | $246,000 | |
| Previous Owner | Margaris John | $150,000 | |
| Previous Owner | Margaris John | $250,000 | |
| Previous Owner | Lewis John F | $182,000 | |
| Previous Owner | Lewis John F | $172,699 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $1,250,000 | +4.2% | $1,020 / Sq Ft |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- |
| 01/13/2022 01/13/22 | For Sale | $1,199,999 | -- | $980 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $16,082 | $1,326,509 | $344,892 | $981,617 |
| 2023 | $16,082 | $1,275,000 | $331,500 | $943,500 |
| 2022 | $10,451 | $795,600 | $238,680 | $556,920 |
| 2021 | $10,238 | $780,000 | $234,000 | $546,000 |
| 2020 | $3,788 | $283,255 | $70,809 | $212,446 |
| 2019 | $3,725 | $277,702 | $69,421 | $208,281 |
| 2018 | $3,657 | $272,258 | $68,061 | $204,197 |
| 2017 | $3,605 | $266,921 | $66,727 | $200,194 |
| 2016 | $3,503 | $261,688 | $65,419 | $196,269 |
| 2015 | $3,356 | $257,760 | $64,438 | $193,322 |
| 2014 | $3,307 | $252,713 | $63,177 | $189,536 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Jim Caldwell Jr.
Compass
(760) 774-7697
4 in this area
75 Total Sales
Map
Source: The MLS
MLS Number: 22-116591
APN: 501-082-037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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