NOT LISTED FOR SALE

Estimated Value: $778,000 - $1,296,000

3 Beds
2 Baths
1,375 Sq Ft
$723/Sq Ft Est. Value

Last Sold July 05, 2013

Last sale price $567,000 $412 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,010/month

14 Days on Market

About This Home

As of July 2013

Immaculate 1960 Palmer and Krisel designed gable-roof Alexander with numerous updates that are sympathetic to the original lines of the design-the open living space features a fireplace and expanded glass areas- the original breezeway has been enclosed and glassed in with extra closet space, with house measuring at 1375 square feet. Walls of glass and attention to architectural detail make this home much more compelling than any other house in the Racquet Club tract. Custom hand built kitchen cabinets crafted by a master craftsman and a design inspired by the Pierre Koenig Stahl house keep this house with period look with top of the line modern appliances. Incredible views from a larger-than-typical lot size for Racquet Club Estates (11326 sq feet). This house also has an oversized in ground hot tub and custom built outdoor barbeque and bar, also designed to period. Great architecture. Phenomenal yard. No showings before 5/19. Vacation rental projection @ $45,000 per year.

Last Agent to Sell the Property

Matthew Reader

BD Homes-The Paul Kaplan Group License #01905472 Listed on: 05/15/2013

Last Buyer's Agent

Laurie Ridgeway

HomeSmart Professionals License #01394645

HomeSmart Professionals

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,554

Year Built

1960

Lot Details

0

Listing Details

  • Active Date: 2013-05-15
  • Full Bathroom: 2
  • Builder Name: ALEXANDER CONSTRUCTION COMPANY
  • Building Size: 1375.0
  • Building Structure Style: Mid Century
  • Driving Directions: If you can't find Racquet Club Road, you shouldn't be outside without supervision.
  • Full Street Address: 1082 E RACQUET CLUB RD
  • Primary Object Modification Timestamp: 2014-07-01
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances: Built-Ins
  • Advertising Remarks: Immaculate 1960 Palmer and Krisel designed gable-roof Alexander with numerous updates that are sympathetic to the original lines of the design-the open living space features a fireplace and expanded glass areas- the original breezeway has been enclosed an
  • Total Bedrooms: 3
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Gas Dryer Hookup, Refrigerator
  • Floor Material: Carpet
  • Laundry: Laundry Area
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11326
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1

Garage/Parking

  • Carport Spaces: 2
  • Parking Type: Carport

Utilities

  • Water District: CV
  • Cooling Type: Air Conditioning
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 4, 2013
Sold by
Sessa Stephen Eliot and Sessa Sara Lynn
Bought by
Crowe Philip
Seller's Agent
Matthew Reader
BD Homes-The Paul Kaplan Group
Buyer's Agent
Laurie Ridgeway
HomeSmart Professionals
List Price
$589,000
Sold Price
$567,000
Premium/Discount to List
-$22,000
-3.74%
Current Estimated Value
$994,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,286
Avg. Annual Appreciation
4.71%
Original Mortgage
$417,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Cohen Simon
Bought by
Sessa Stephen Eliot and Sessa Sara Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Pucci Thomas J
Bought by
Cohen Oren and Cohen Simon

Purchase Details

Closed on
Jan 28, 2003
Sold by
Thacher Robert J and Hudson Kevin R
Bought by
Pucci Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2001
Sold by
Thacher Robert J
Bought by
Thacher Robert J and Hudson Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,462
Interest Rate
7.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 29, 2001
Sold by
Rands Richard and Milgrom Roger
Bought by
Thacher Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,160
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Milgron Jean
Bought by
Milgrom Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2000
Sold by
Hud
Bought by
Rands Richard and Milgrom Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Bankers Trust Co Of Calif Trustee and Wilshire Funding Cor
Bought by
Hud

Purchase Details

Closed on
Mar 17, 1999
Sold by
Levrault Yvan and Levrault Jean
Bought by
Wilshire Fudning Corp Mtg Backed Trust

Purchase Details

Closed on
Sep 10, 1996
Sold by
Levrault Yvan
Bought by
Levrault Yvan and Levrault Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,717
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 1996
Sold by
Closson Martha Jean
Bought by
Levrault Yvan

Purchase Details

Closed on
Jan 25, 1996
Sold by
Closson Martha Jean and Closson Robert P
Bought by
Closson Martha Jean
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
Crowe Philip $567,000 First American Title Company
Sessa Stephen Eliot $460,000 Orange Coast Title Co
Cohen Simon -- Orange Coast Title Co
Cohen Oren $395,000 Multiple
Pucci Thomas J $250,000 Fidelity Natl Title Ins Co
Thacher Robert J -- Chicago Title Co
Thacher Robert J $149,000 Chicago Title Co
Milgrom Roger -- First American Title Co
Rands Richard L -- First American Title Co
Rands Richard $108,000 First American Title Co
Hud -- --
Wilshire Fudning Corp Mtg Backed Trust $59,600 Lawyers Title Company
Levrault Yvan -- First Southwestern Title Co
Levrault Yvan -- --
Closson Martha Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowe Philip $387,000
Closed Crowe Philip $387,000
Closed Crowe Philip $417,000
Previous Owner Sessa Stephen Eliot $417,000
Previous Owner Sessa Stephen Eliot $437,000
Previous Owner Sessa Stephen Eliot $368,000
Previous Owner Pucci Thomas J $200,000
Previous Owner Thacher Robert J $30,000
Previous Owner Thacher Robert J $21,462
Previous Owner Thacher Robert J $119,160
Previous Owner Rands Richard $86,400
Previous Owner Levrault Yvan $66,717
Closed Sessa Stephen Eliot $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2013 07/05/13 Sold $567,000 -3.7% $412 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $589,000 -- $428 / 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
2025 $8,554 $695,055 $208,392 $486,663
2023 $8,554 $668,066 $200,300 $467,766
2022 $8,726 $654,968 $196,373 $458,595
2021 $8,550 $642,126 $192,523 $449,603
2020 $8,166 $635,542 $190,549 $444,993
2019 $8,026 $623,081 $186,813 $436,268
2018 $7,876 $610,864 $183,150 $427,714
2017 $7,760 $598,887 $179,559 $419,328
2016 $7,533 $587,145 $176,039 $411,106
2015 $7,237 $578,328 $173,396 $404,932
2014 $7,156 $567,000 $170,000 $397,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-672677PS

APN: 501-082-019