$1,120,000
SOLD JAN 8, 2025
5 Beds
2.5 Baths
2,208 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$507 Per Sq Ft

5% Below List Price

39 Days on Market

Highlights

  • Garage Cooled
  • Heated In Ground Pool
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • Solar Power System
  • Mountain View

About This Home

As of January 2025

Attention Investors! Here's your chance to own a turn-key vacation rental property that's ready to start generating income from day one. This fully remodeled, 5-bedroom, 3-bathroom home in Palm Springs is the ideal Airbnb investment opportunity, offering everything today's short-term renters are searching for. And it's in a neighborhood you can still get a permit from the City! Imagine offering your guests a high-end experience with all the comforts of home. From the moment they step inside, they'll be welcomed by a spacious, open-concept living area furnished with brand-new designer pieces, making it feel like a true getaway. The fully equipped kitchen, featuring new top-of-the-line appliances, is perfect for guests who enjoy cooking, while the ample counter space makes it easy to host and entertain. Outside, the property's private backyard is an absolute hit for vacationers looking to relax and recharge. The smart pool system keeps the sparkling pool and spa at just the right temperature, while the outdoor seating area, surrounded by lush landscaping, creates a serene environment ideal for soaking up the Palm Springs sunshine. With five beautifully appointed bedrooms and three full bathrooms, there's plenty of room for large groups or families, ensuring that you can accommodate more guests and increase your rental income potential. Plus, the home's prime location puts it just minutes from Palm Springs' top attractions, shopping, dining, and entertainment - - a huge selling point for short-term renters. This property is more than just a beautiful home; it's a proven income generator with a vacation rental history, making it the perfect addition to your Airbnb portfolio. Don't miss out on this incredible investment opportunity in one of California's hottest rental markets. Available now - - start earning right away!

Last Agent to Sell the Property

Gale Stuart

Equity Union License #01988115 Listed on: 10/07/2024

Last Buyer's Agent

Amanda Jacobellis

License #02119805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,884

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 70x125
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Cooled
  • Driveway
  • On-Street Parking

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Flooring

  • Stone
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Property is located within a water district
  • Central Water Heater
  • Water Conditioner
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 669-522-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,884

Year Built

Built in 1993 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 5250
  • Entry Location: Main Level
  • Living Area: 2208
  • Lot Acreage: 0.2000
  • Lot Dimensions: 70x125
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1993
  • Builders Tract Name: Vintage Palms
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+)
  • Flooring: Stone Tile, Vinyl Plank
  • Appliances: Microwave, Oven, Range
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: 2 Primary Bedrooms, All Bedrooms Down, Main Floor Primary Bedroom, Primary Retreat, Primary Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Ceramic Counters, Island, Gourmet Kitchen
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer, Water Conditioner
  • Price Per S Q F T: 533.97
  • Windows: Drapes/Curtains, Window Blinds

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Concrete Slab, Covered, Deck(s), Slab
  • Pool Description: Gunite, Heated And Filtered, In Ground, Private
  • Pool: Yes
  • Roof: Clay
  • Spa: Gunite, Heated, Heated with Gas, In Ground
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Above Street Level, Air Conditioned Garage, Attached, Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water District: Desert Water
  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning, Ceiling Fan, Central, Wall Unit(s)
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 669-522-032
  • Lot Description: Fenced, Back Yard, Curbs, Exterior Security Lights, Landscaped, Lawn, Single Lot, Street Asphalt, Street Paved
  • Lot Size Area: 8712

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Dec 3, 2024
Sold by
Baghdasaryan Karen and Baghdasaryan Family Revocable Living Tru
Bought by
Vision Trust and Alspach
Seller's Agent
Gale Stuart
Equity Union
Buyer's Agent
Amanda Jacobellis
List Price
$1,179,000
Sold Price
$1,120,000
Premium/Discount to List
-$59,000
-5%
Views
22
Current Estimated Value
$1,100,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,437
Avg. Annual Appreciation
-4.58%
Original Mortgage
$840,000
Outstanding Balance
$834,911
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$255,557

Purchase Details

Closed on
Oct 24, 2023
Sold by
Baghdasaryan Karen and Baghdasaryan Inna
Bought by
Baghdasaryan Family Revocable Living Trust and Baghdasaryan

Purchase Details

Listed on
Jan 14, 2023
Closed on
May 2, 2023
Sold by
Two Palms Holding Llc
Bought by
Baghdasaryan Karen and Baghdasaryan Inna
Seller's Agent
Varujan Malyan
Equity Union
Buyer's Agent
Yulia Mashayekhi
Royal Real Estate, Inc
List Price
$999,000
Sold Price
$1,000,000
Premium/Discount to List
$1,000
0.1%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$199,900
Interest Rate
6.32%

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jun 21, 2022
Sold by
Haven Gary L and Haven Eusebio M
Bought by
Two Palms Holding Llc
Seller's Agent
Gary Haven
Bennion Deville Homes
Buyer's Agent
Marine Avetisian
Seward Real Estate & Financial, Inc.
List Price
$939,000
Sold Price
$895,000
Premium/Discount to List
-$44,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$716,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2021
Sold by
Haven Gary L and Haven Eusebio M
Bought by
Haven Gary L and Haven Eusebio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2014
Sold by
Haven Gary L
Bought by
Haven Gary L and Coria Eusebio M

Purchase Details

Closed on
Nov 15, 2005
Sold by
Coria Eusebio Malagon
Bought by
Haven Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Washington Adolph
Bought by
Haven Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2004
Sold by
Washington Elese
Bought by
Washington Adolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1994
Sold by
Redlands Federal Bank Fsb
Bought by
Washington Adolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,255
Interest Rate
9.25%
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 Type Sale Price Title Company
Grant Deed $1,120,000 First American Title
Grant Deed $1,120,000 First American Title
Deed -- None Listed On Document
Grant Deed $1,000,000 Provident Title
Grant Deed $895,000 None Listed On Document
Interfamily Deed Transfer -- Timios Title A Ca Corp
Interfamily Deed Transfer -- None Available
Grant Deed -- New Century Title Company
Grant Deed $437,500 First American Title Co
Grant Deed $437,500 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Grant Deed $137,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Closed $840,000 New Conventional
Previous Owner $199,900 No Value Available
Previous Owner $700,000 New Conventional
Previous Owner $716,000 New Conventional
Previous Owner $411,000 New Conventional
Previous Owner $94,300 Credit Line Revolving
Previous Owner $334,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $350,000 Purchase Money Mortgage
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $123,255 No Value Available
Closed $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $1,120,000 -5.0% $507 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $1,179,000 +17.9% $534 / Sq Ft
05/10/2023 05/10/23 Sold $1,000,000 +0.1% $453 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $999,000 -0.1% $452 / Sq Ft
04/05/2023 04/05/23 Off Market $1,000,000 -- --
03/29/2023 03/29/23 Price Changed $999,000 -9.2% $452 / Sq Ft
03/15/2023 03/15/23 Price Changed $1,100,000 -2.2% $498 / Sq Ft
03/09/2023 03/09/23 Price Changed $1,125,000 -2.2% $510 / Sq Ft
02/24/2023 02/24/23 Price Changed $1,150,000 -4.1% $521 / Sq Ft
01/14/2023 01/14/23 For Sale $1,199,000 +34.0% $543 / Sq Ft
07/07/2022 07/07/22 Sold $895,000 -4.7% $405 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $939,000 -- $425 / Sq Ft
Source: The MLS

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 $12,884 $1,989,765 $91,035 $1,898,730
2023 $12,884 $895,000 $87,500 $807,500
2022 $7,989 $574,641 $143,654 $430,987
2021 $7,807 $563,375 $140,838 $422,537
2020 $7,014 $521,674 $130,686 $390,988
2019 $6,834 $506,480 $126,880 $379,600
2018 $6,582 $487,000 $122,000 $365,000
2017 $6,559 $484,000 $121,000 $363,000
2016 $5,779 $427,000 $107,000 $320,000
2015 $5,666 $430,000 $107,000 $323,000
2014 $4,794 $356,000 $89,000 $267,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-449970

The MLS

APN: 669-522-032