NOT LISTED FOR SALE

1850 S Aquanetta Cir Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $1,688,000 - $1,897,542

3 Beds
2 Baths
1,600 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $1,215,000 $759 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,554/month

3 Days on Market

Highlights

  • Detached Guest House
  • Black Bottom Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Ground Level Unit

About This Home

As of December 2020

In 1957 the Alexander Construction Company unveiled their brand new Twin Palms development to resounding success. Of the 9 elevations that architect William Krisel created , unique among them is the Long Gable which presents a massive custom rock facade to the street, but opens up to the private back yard with all glass walls pinching the substantial rock fireplace. Classic Krisel 3 bedroom 2 bath main house featuring post and beam construction. There is also a one bedroom casita with bath. This home is ready to occupy but can also use your MCM talent to upgrade and/or restore. Come see why Twin Palms is one of Palm Springs most desirable neighborhoods where that great Palm Springs mid century lifestyle is a way of life.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 12/04/2020

Compass

Last Buyer's Agent

TTK Represents

HK Lane Real Estate License #01327863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,098

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Sprinkler System
  • Property is zoned R1C

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces

Pool

  • Black Bottom Pool
  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 511-053-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,098

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 7020
  • Living Area: 1600
  • Lot Acreage: 0.2500
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1957
  • Builders Tract Name: Twin Palms
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 750.00

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Slab
  • Pool Description: Black Bottom, In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Pool, Mountains
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Parking Garage: Carport Detached
  • Total Parking: 2

Utilities

  • Water District: Desert Water Agency
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Forced Air, Central
  • Sewer: In Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 511-053-005
  • Lot Size Area: 10890

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 21, 2020
Sold by
Rancilio Thomas A and Robertson Colin G
Bought by
Moore Laurence N and Bruich Sean M
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Ttk Represents
Compass
List Price
$1,200,000
Sold Price
$1,215,000
Premium/Discount to List
$15,000
1.25%
Current Estimated Value
$1,682,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,508
Avg. Annual Appreciation
6.72%
Original Mortgage
$815,000
Outstanding Balance
$730,590
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$909,963

Purchase Details

Closed on
Apr 9, 2013
Sold by
Rancilio Thomas A
Bought by
Rancilio Thomas A and Robertson Colin G

Purchase Details

Closed on
May 18, 2004
Sold by
Schmandt Thomas P and Rancilio Thomas A
Bought by
Rancilio Thomas A
Source: Public Records

Range of Values:

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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
Moore Laurence N $1,215,000 North American Title Ins Co
Rancilio Thomas A -- None Available
Rancilio Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Laurence N $815,000
Previous Owner Rancilio Thomas A $440,800
Previous Owner Schmandt Thomas P $104,000
Previous Owner Schmandt Thomas P $115,000
Previous Owner Schmandt Thomas P $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $1,215,000 +1.3% $759 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $1,200,000 -- $750 / 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 $16,098 $1,327,887 $395,086 $932,801
2023 $16,098 $1,276,326 $379,746 $896,580
2022 $16,271 $1,239,300 $372,300 $867,000
2021 $15,939 $1,215,000 $365,000 $850,000
2020 $6,087 $475,245 $128,397 $346,848
2019 $5,981 $465,928 $125,880 $340,048
2018 $5,869 $456,793 $123,413 $333,380
2017 $5,782 $447,838 $120,994 $326,844
2016 $5,613 $439,058 $118,622 $320,436
2015 $5,386 $432,465 $116,841 $315,624
2014 $5,319 $423,996 $114,553 $309,443
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Ttk Represents

    Compass

    (760) 350-9253

    15 in this area

    243 Total Sales

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Map

Source: The MLS

MLS Number: 20-666466

The MLS

APN: 511-053-005

California Riverside County Palm Springs 92264 Twin Palms

1850 S Aquanetta Cir, Palm Springs, CA

This home is located at 1850 S Aquanetta Cir, Palm Springs, CA 92264 since 04 December 2020 and is currently estimated at $1,752,636, approximately $1,095 per square foot. This property was built in 1957. 1850 S Aquanetta Cir is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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