NOT LISTED FOR SALE

17138 Covey St Palm Springs, CA 92258

Estimated Value: $516,000 - $558,000

4 Beds
2 Baths
993 Sq Ft
$541/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $538,000 $542 Per Sq Ft

Current estimated payment $3,387/month

166 Days on Market

Highlights

  • In Ground Pool
  • Valley View
  • Tile Countertops
  • Updated Kitchen
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Welcome to 17138 Covey St, featuring 4 bedrooms and 2 bathrooms. This property is approved for short-term rental licenses (AIRBNB, etc.), offering flexibility to rent through online services like Airbnb or VRBO, provide a long-term lease, or enjoy it as a personal vacation getaway in the desert. The house comes fully furnished, including the interior, and the owner has invested significantly in creating a dream backyard. This turnkey vacation rental opportunity is only a few minutes away from Downtown Palm Springs, making it the perfect oasis ready to be yours. Recent upgrades include a newly built pool with a controllable hot tub, stucco, interior and exterior paint, roof, windows, water heater, laminated flooring throughout the house, and renovated bathrooms and showers. This is a must-see property. Do not miss out on this great opportunity!" the business generated over 79k in revenue in 2023.

Last Agent to Sell the Property

Vaisham Chokshi

Real Estate Source, Inc. License #02151709 Listed on: 02/01/2024

Real Estate Source, Inc.

Last Buyer's Agent

Nada Mahrous

Kase Real Estate License #02205654

Kase Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Valley Views
  • Carbon Monoxide Detectors

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 666202010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,559

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: Other
  • Directions: Thumb Dr - Covey St
  • Architectural Style: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Tile Counters, Updated Kitchen
  • Room Kitchen Features: 220 Volt Outlet, Counter - Tile, Dishwasher, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Pool Features: Gas Heat, In Ground, Spa, On Lot
  • Pool Private: Yes
  • View: Valley
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard
  • Foundation Details: Concrete
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: Central Air
  • Laundry Features: 220 Volt Outlet, Dryer, Laundry Room, Washer, In Unit, Cabinets
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 7405
  • Parcel Number: 666202010
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 30, 2024
Sold by
Vargas Ricardo and Zepeda Rachel
Bought by
Vargas Ricardo
Seller's Agent
Vaisham Chokshi
Real Estate Source, Inc.
Buyer's Agent
Nada Mahrous
Kase Real Estate
List Price
$569,000
Sold Price
$538,000
Premium/Discount to List
-$31,000
-5.45%
Views
329
Current Estimated Value
$537,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$364
Avg. Annual Appreciation
-0.06%
Original Mortgage
$528,255
Outstanding Balance
$522,837
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$14,799

Purchase Details

Listed on
Feb 1, 2024
Closed on
Jul 12, 2024
Sold by
Jayhanuman Llc
Bought by
Vargas Ricardo and Zepeda Rachel
Seller's Agent
Vaisham Chokshi
Real Estate Source, Inc.
Buyer's Agent
Nada Mahrous
Kase Real Estate
List Price
$569,000
Sold Price
$538,000
Premium/Discount to List
-$31,000
-5.45%
Views
329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,255
Outstanding Balance
$522,837
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$14,799

Purchase Details

Closed on
Nov 25, 2023
Sold by
Patel Parthkumar Vasantbahi
Bought by
Jayhanuman Llc

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 18, 2022
Sold by
Guadalupe Terrazas and Guadalupe Irma
Bought by
Patel Parthkumar V Asantbahi
Seller's Agent
Ricardo Nuno
RE/MAX Consultants
Buyer's Agent
NoEmail NoEmail
OUT OF AREA
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
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
Vargas Ricardo -- Pacific Coast Title
Vargas Ricardo $538,000 Orange Coast Title
Jayhanuman Llc -- None Listed On Document
Patel Parthkumar V Asantbahi $400,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Ricardo $528,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $538,000 -- --
08/15/2024 08/15/24 Sold $538,000 -2.2% $542 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $549,999 -3.3% $554 / Sq Ft
02/27/2024 02/27/24 Price Changed $569,000 0.0% $573 / Sq Ft
02/27/2024 02/27/24 For Sale $569,000 +3.6% $573 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $549,000 +37.3% $553 / Sq Ft
05/16/2022 05/16/22 Sold $400,000 +1.3% $403 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $395,000 -- $398 / Sq Ft
Source: Bay East 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 $5,559 $538,000 $125,000 $413,000
2023 $5,559 $408,000 $76,500 $331,500
2022 $659 $48,965 $11,408 $37,557
2021 $646 $48,006 $11,185 $36,821
2020 $617 $47,515 $11,071 $36,444
2019 $606 $46,584 $10,854 $35,730
2018 $594 $45,672 $10,643 $35,029
2017 $583 $44,778 $10,435 $34,343
2016 $565 $43,901 $10,231 $33,670
2015 $542 $43,243 $10,078 $33,165
2014 $538 $42,398 $9,882 $32,516
Source: Public Records

Agents Affiliated with this Home

  • Vaisham Chokshi

    Seller's Agent in 2024

    Vaisham Chokshi

    Real Estate Source, Inc.

    (510) 709-5009

    1 in this area

    15 Total Sales

    Vaisham Chokshi
    Section Image

  • N

    Buyer's Agent in 2024

    Nada Mahrous

    Kase Real Estate

    (818) 668-4706

    1 in this area

    1 Total Sale

    Nada Mahrous
    Section Image

  • R

    Seller's Agent in 2022

    Ricardo Nuno

    RE/MAX

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    OUT OF AREA

    (646) 541-2551

    16 in this area

    5,867 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 41049033

Bay East Association of REALTORS®

APN: 666-202-010

California Riverside County Palm Springs 92258

17138 Covey St, Palm Springs, CA

This home is located at 17138 Covey St, Palm Springs, CA 92258 since 01 February 2024 and is currently estimated at $537,636, approximately $541 per square foot. This property was built in 1955. 17138 Covey St is a home located in Riverside County with nearby schools including Two Bunch Palms Elementary School, Painted Hills Middle School, and Desert Hot Springs High School.

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.

Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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