NOT LISTED FOR SALE

Estimated Value: $1,097,000 - $1,369,000

3 Beds
2 Baths
1,436 Sq Ft
$878/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $1,274,500 $888 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,965/month

34 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Private Lot
  • Palm Springs High School Rated A-
  • Mountain View
  • 1 Fireplace

About This Home

As of June 2023

A completely renovated Meiselman home with fabulous touches to bring you the true luxury of Modern Palm Springs! The home has been featured in several photos shoots for brands such as Bergdorf Goodman, Ray Ban, Mercedes, & Rivian, as well as being featured on the Modernism Architectural tour twice. Built by famed Midcentury developer Jack Meiselman in 1959, this 1,436 square foot 3 bedroom 2 bath home could not be better appointed. With its classic open concept floor plan, post and beam ceilings, south facing widows and shadow block design elements - it is truly Midcentury living at its finest. On the north end of the home a fully remodeled galley kitchen divides the guest and master bedrooms into separate east and west wings. The living space boasts south-facing glass and the adjacent shadow-block sun porch complete with morning reading nook and grand piano. From here, sliding glass doors open to the property's most stunning feature, a private quarter-acre lot, complete with pool and spa, fire pit, fruit grove, and spectacular 120-degree uninterrupted mountain views. A shaded resort-style outdoor patio and dining area complete the space. On the east end of the home is the gorgeous master suite, with walk-in closet, and en suite bath. Two perfectly appointed bedrooms - with large closets and a beautifully remodeled full bath across the hall. Successful short term rental with revenue history, available by request.

Last Agent to Sell the Property

Jessica Tekin

RE/MAX Platinum Properties License #02011299 Listed on: 04/27/2023

Last Buyer's Agent

Michael Cogley

License #01874623

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,890 Sq Ft Lot
  • South Facing Home
  • Landscaped
  • Private Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • 1 Fireplace
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501141002

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: Ground
  • Building Style: Mid Century
  • List Price per Sq Ft: 922.70
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 1959
  • Co Listing Office Address: 118 N. Larchmont Blvd., Los Angeles, CA 90004
  • Listing I D: 219094238
  • Listing Office Address: 3848 Atlantic Ave., Ste. 4, Long Beach, CA 90807
  • Listing Office Fax: (866) 676-3331
  • Selling Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Refrigerator
  • Flooring: Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1436.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501141002
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Private, Landscaped
  • Lot Size: 10890.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 23, 2023
Sold by
Martinoff Leif and Martinoff Kathleen
Bought by
P & G Real Estate Enterprises Llc
Seller's Agent
Jessica Tekin
RE/MAX Platinum Properties
Buyer's Agent
Michael Cogley
List Price
$1,325,000
Sold Price
$1,274,500
Premium/Discount to List
-$50,500
-3.81%
Views
25
Current Estimated Value
$1,260,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,650
Avg. Annual Appreciation
-0.42%

Purchase Details

Listed on
Feb 23, 2019
Closed on
Feb 26, 2019
Sold by
Whittier Capital Llc
Bought by
Martinoff Leif and Mcallister Kathleen
Seller's Agent
Team Michael Slate
BD Homes-The Paul Kaplan Group
Buyer's Agent
Leif Martinoff
Keller Williams Larchmont
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%
Original Mortgage
$603,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 27, 2018
Sold by
Natarella Anthony M
Bought by
Whittier Capital Llc
Seller's Agent
Michael Slate
Equity Union
Buyer's Agent
Neil Husvar
Elevate Palm Springs
List Price
$509,000
Sold Price
$475,000
Premium/Discount to List
-$34,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
251.17%
Original Mortgage
$525,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 11, 1999
Sold by
Rickert Lonnie L
Bought by
Natarella Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
7.66%

Purchase Details

Closed on
Apr 2, 1999
Sold by
Rickert Sharon M
Bought by
Rickert Lonnie L
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

Date Buyer Sale Price Title Company
P & G Real Estate Enterprises Llc $1,274,500 Orange Coast Title
Martinoff Leif $710,000 Lawyers Title Company
Whittier Capital Llc $475,000 Lawyers Title Insurance Comp
Natarella Anthony M $114,500 Old Republic Title Company
Rickert Lonnie L -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinoff Leif $603,500
Previous Owner Whittier Capital Llc $525,000
Previous Owner Natarella Anthony M $50,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2023 06/01/23 Sold $1,274,500 -3.8% $888 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $1,325,000 +86.6% $923 / Sq Ft
04/04/2019 04/04/19 Sold $710,000 -2.1% $494 / Sq Ft View Prior Sale
02/23/2019 02/23/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $725,000 +52.6% $505 / Sq Ft
12/10/2018 12/10/18 Sold $475,000 -6.7% $396 / Sq Ft View Prior Sale
10/31/2018 10/31/18 For Sale $509,000 -- $424 / 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 $16,075 $1,412,687 $397,797 $1,014,890
2023 $16,075 $761,260 $90,063 $671,197
2022 $9,905 $746,335 $88,298 $658,037
2021 $9,705 $731,702 $86,567 $645,135
2020 $9,181 $724,200 $85,680 $638,520
2019 $6,182 $475,000 $75,000 $400,000
2018 $2,105 $154,644 $30,923 $123,721
2017 $2,074 $151,613 $30,317 $121,296
2016 $2,016 $148,641 $29,723 $118,918
2015 $1,923 $146,411 $29,278 $117,133
2014 $1,884 $143,545 $28,705 $114,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219094238

California Desert Association of REALTORS®

APN: 501-141-002