NOT LISTED FOR SALE

1150 E Adobe Way Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $719,000 - $836,000

3 Beds
2 Baths
1,225 Sq Ft
$645/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2019

Last sale price $630,000 $514 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,981 / mo

120 Days on Market

About This Home

As of February 2019

Clerestory windows illuminate this Palmer and Krisel/Alexander Construction Company mid-century post and beam gem. The home's updated, large entertainers' kitchen, living room with striking gas fireplace, 3 bedrooms and 2 remodeled bath makes a great primary residence, second home or lucrative vacation rental. The indoor/outdoor flow is highlighted by a heated, sparkling pebble-tec salt water pool, intimate spa, 2 spacious dining areas, an intimate spa and glass fire pit, all with spectacular mountain views.

Last Agent to Sell the Property

Jeff Blacker

Compass License #01711459 Listed on: 10/12/2018

Compass

Last Buyer's Agent

Stewart Penn

Compass License #01339266

Compass

Home Details

Home Type

Single Family

Year Built

1961

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Style: Mid-Century
  • Levels: Ground Level
  • Entry Location: Ground Level - no steps
  • Builders Tract Code: 5140
  • Building Type: Detached
  • Year Built: 1961
  • Price Per Sq Ft: 529.80
  • Special Features: None

Interior Features

  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Flooring: Ceramic Tile
  • Fireplace Rooms: Gas, Living Room
  • Appliances: Built-Ins
  • Bedrooms: 3
  • Full Bathroom: 2
  • Total Bathrooms: 2.00
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: In Closet
  • Living Area: 1225

Exterior Features

  • Spa: Above Ground, Heated
  • Patio: Covered
  • Pool: Heated And Filtered, Heated with Gas, In Ground, Private
  • Pool: Yes
  • Other Structures: Shed
  • Foundation Details: Slab
  • Fence: Block Wall, Wood
  • Spa Yn: Yes
  • Stories: 1
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Details: Carport
  • Carport Spaces: 2

Utilities

  • Sprinklers: Drip System, Sprinkler System
  • Water District: Desert Water
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Natural Gas
  • Sewer: In Connected and Paid
  • Water: District

Lot Info

  • Zoning: R1C
  • Assessor Parcel Number: 501-082-039
  • Lot Size Area: 10019

Rental Info

  • Land Lease Type: Fee

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jan 17, 2019
Sold by
Bought by
Seller's Agent
Jeff Blacker
Compass
Buyer's Agent
Stewart Penn
Compass
List Price
$668,000
Sold Price
$630,000
Premium/Discount to List
-$38,000
-5.69%
Current Estimated Value
$790,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,128
Avg. Annual Appreciation
3.15%
Original Mortgage
$484,350
Outstanding Balance
$424,973
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$365,155

Purchase Details

Listed on
Feb 16, 2017
Closed on
May 25, 2017
Sold by
Bought by
Seller's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
Buyer's Agent
Jen Stein
Keller Williams Realty Santa Barbara
List Price
$589,000
Sold Price
$578,000
Premium/Discount to List
-$11,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$433,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,703
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,654
Interest Rate
5.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,550
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Lawyers Title
$578,000 Chicago Title
-- Orange Coast Title
$355,000 Equity Title Orange County-I
-- Landsafe Title
$216,500 Fidelity National Title
$165,500 First American Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $484,350
Previous Owner $433,500
Previous Owner $344,703
Previous Owner $348,654
Previous Owner $174,550
Previous Owner $173,200
Closed $43,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2019 02/13/19 Sold $630,000 -5.7% $514 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $668,000 +15.6% $545 / Sq Ft
06/22/2017 06/22/17 Sold $578,000 -1.9% $472 / Sq Ft View Prior Sale
05/18/2017 05/18/17 For Sale $589,000 +1.9% $481 / Sq Ft
05/11/2017 05/11/17 Off Market $578,000 -- --
03/10/2017 03/10/17 Price Changed $589,000 -1.0% $481 / Sq Ft
02/16/2017 02/16/17 For Sale $595,000 -- $486 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,646 $702,771 $93,701 $609,070
2023 $8,646 $675,483 $90,063 $585,420
2022 $8,819 $662,240 $88,298 $573,942
2021 $8,642 $649,256 $86,567 $562,689
2020 $8,254 $642,600 $85,680 $556,920
2019 $7,755 $601,350 $180,405 $420,945
2018 $7,610 $589,560 $176,868 $412,692
2017 $5,106 $393,888 $98,469 $295,419
2016 $4,958 $386,166 $96,539 $289,627
2015 $4,755 $380,368 $95,090 $285,278
2014 $4,693 $372,919 $93,228 $279,691
Source: Public Records

Agents Affiliated with this Home

  • Jeff Blacker

    Seller's Agent in 2019

    Jeff Blacker

    Compass

    (760) 408-5075

    1 in this area

    107 Total Sales

    Jeff Blacker
    Section Image

  • S

    Buyer's Agent in 2019

    Stewart Penn

    Compass

    (760) 618-1822

    2 in this area

    50 Total Sales

    Stewart Penn
    Section Image
  • Alex Dethier

    Seller's Agent in 2017

    Alex Dethier

    BD Homes-The Paul Kaplan Group

    (760) 808-3300

    6 in this area

    263 Total Sales

    Alex Dethier
    Section Image
  • Jen Stein

    Buyer's Agent in 2017

    Jen Stein

    Keller Williams Realty Santa Barbara

    (805) 319-5866

    39 Total Sales

    Jen Stein
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 18-394690

California Desert Association of REALTORS®

APN: 501-082-039

California Riverside County Palm Springs 92262 Racquet Club Estates

1150 E Adobe Way, Palm Springs, CA

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.

California Desert Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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