NOT LISTED FOR SALE

Estimated Value: $716,000 - $839,000

2 Beds
2 Baths
1,336 Sq Ft
$578/Sq Ft Est. Value

Last Sold February 21, 2019

Last sale price $309,000 $231 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,670/month

109 Days on Market

About This Home

As of February 2019

A Palm Springs handyman's dream. Grab your paint brush and tool belt to transform this diamond in the rough into your dream home! Fantastic location in the Palm Springs Desert Park Estates area. This home sits on almost a quarter of an acre with so many possibilities and with room to grow. Great mountain views from all around the huge property that eagerly awaits a sparkling new pool. Come and create your own paradise. Minutes to downtown to its many cultural events, great dining, shopping, and entertainment. Easy freeway access from Gene Autry Trail.

Last Agent to Sell the Property

Timothy Benoit

Listed on: 10/09/2018

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,634

Year Built

1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: One
  • Entry Location: Ground Level - no steps
  • Advertising Remarks: A Palm Springs handyman's dream. Grab your paint brush and tool belt to transform this diamond in the rough into your dream home! Fantastic location in the Palm Springs Desert Park Estates area. This home sits on almost a quarter of an acre with so many possibilities and with room to grow. Great mountain views from all around the huge property that eagerly awaits a sparkling new pool. Come and create your own paradise. Minutes to downtown to its many cultural events, great dining, shopping, and entertainment. Easy freeway access from Gene Autry Trail. Call Timothy Benoit at (760) 799-5942 for a showing.
  • Builders Tract Code: 4980
  • Building Type: Detached
  • Year Built: 1970
  • Price Per Sq Ft: 238.02
  • Special Features: None

Interior Features

  • Flooring: Pavers
  • Fireplace Rooms: Free Standing, Living Room
  • Bedrooms: 2
  • Full Bathroom: 2
  • Total Bathrooms: 2.00
  • Living Area: 1336

Exterior Features

  • Stories: 1
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Details: Covered Parking, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Zoning: R1C
  • Assessor Parcel Number: 501-443-012
  • Lot Size Area: 10890

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Ghanimian Karine S D
Bought by
K And E Family Living Trust
Current Estimated Value
$772,794

Purchase Details

Listed on
Oct 9, 2018
Closed on
Mar 29, 2019
Sold by
Ghanimian Zohrab and Ghanimian Karine
Bought by
Ghanimian Zohrab and Ghanimian Karine
Seller's Agent
Timothy Benoit
List Price
$329,000
Sold Price
$309,000
Premium/Discount to List
-$20,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$255,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 19, 2019
Sold by
Ghanimian Zohrab
Bought by
Ghanimian Karine
Seller's Agent
Timothy Benoit
List Price
$329,000
Sold Price
$309,000
Premium/Discount to List
-$20,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 4, 2019
Sold by
Brose Ltd Llc
Bought by
Ghanimian Karine
Seller's Agent
Timothy Benoit
List Price
$329,000
Sold Price
$309,000
Premium/Discount to List
-$20,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 6, 2018
Sold by
Bailey Jonathan Brooks and Sanders Billy D
Bought by
Brose Ltd Llc
Seller's Agent
Daniel Bragg
Socal Living Properties
Buyer's Agent
Timothy Benoit
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.26%
Original Mortgage
$230,700
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jun 7, 2018
Sold by
Bailey Krystal Rae
Bought by
Bailey Jonathan Brooks
Seller's Agent
Daniel Bragg
Socal Living Properties
Buyer's Agent
Timothy Benoit
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,700
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jun 6, 2018
Sold by
Sanders Usanee V
Bought by
Sanders Billy D
Seller's Agent
Daniel Bragg
Socal Living Properties
Buyer's Agent
Timothy Benoit
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,700
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2018
Sold by
Saleh Patricia Patzner
Bought by
Bailey Jonathan Brooks and Sanders Billy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2014
Sold by
Patzner Jeffrey U
Bought by
Patzner Jeffrey U
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
K And E Family Living Trust -- --
Ghanimian Karine S D -- --
Ghanimian Zohrab -- None Available
Ghanimian Zohrab -- None Available
Ghanimian Karine -- Equity Title
Ghanimian Karine $309,000 Equity Title
Brose Ltd Llc $275,000 Equity Title Company
Bailey Jonathan Brooks -- First American Title Company
Sanders Billy D -- First American Title Company
Bailey Jonathan Brooks $147,000 First American Title Company
Patzner Jeffrey U -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghanimian Zohrab $548,250
Previous Owner Zohrab And Karine Ghanimian Family Trust $255,000
Previous Owner Ghanimian Karine $247,200
Previous Owner Brose Ltd Llc $230,700
Previous Owner Bailey Jonathan Brooks $150,000
Previous Owner Patzner Gustave $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $309,000 -6.1% $231 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
10/09/2018 10/09/18 For Sale $329,000 +19.6% $246 / Sq Ft
07/25/2018 07/25/18 Sold $275,000 +5.8% $206 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $259,900 -- $195 / Sq Ft
Source: California Desert 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 $6,634 $534,117 $55,774 $478,343
2023 $6,634 $513,378 $53,609 $459,769
2022 $6,766 $503,312 $52,558 $450,754
2021 $6,631 $493,444 $51,528 $441,916
2020 $4,184 $315,180 $51,000 $264,180
2019 $3,690 $275,000 $68,750 $206,250
2018 $1,933 $133,889 $33,738 $100,151
2017 $1,906 $131,265 $33,077 $98,188
2016 $1,855 $128,692 $32,429 $96,263
2015 $1,769 $126,761 $31,943 $94,818
2014 $1,733 $124,278 $31,318 $92,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 18-394916

California Desert Association of REALTORS®

APN: 501-443-012