NOT LISTED FOR SALE

Estimated Value: $1,232,000 - $1,643,000

4 Beds
2 Baths
2,100 Sq Ft
$666/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,275,000 $607 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,818/month

35 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • Open Floorplan
  • 5-minute walk to Victoria Park

About This Home

As of December 2021

Midcentury, Krisel-designed, Alexander-built stunner in the highly-desirable Racquet Club Estates! Perfect for a vacation rental, second home, or full-time residence, this 1959 classic retains its original charm with post & beam construction, tongue and groove ceilings and clerestory windows, with all the modern updates for today. Newer roof, HVAC, double-paned windows, appliances, water heater. Renovated kitchen and baths. Newly painted. Newly-landscaped backyard. The inviting pool has new heater and filter. Walls of glass flood the interior living area with light. Originally 1200 sf, add the enclosed 400 sf breezeway (now the den with TV), bring it to 1600 sf. An additional studio (currently used as storage) with bath in the back brings the total square footage to approx 2100 and could be converted to a 'casita' if kitchenette was added. Rare opportunity to find highly desired MCM architecture in prime location with mature desert landscaping and extra square footage for your dream Palm Springs Oasis!

Last Agent to Sell the Property

Ryan Lovett

Palm Springs Mutual Inc License #01939769 Listed on: 10/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,398

Year Built

  • Built in 1959

Lot Details

  • 10,890 Sq Ft Lot
  • Wood Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Back Yard

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof
  • Foam Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Shutters
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den
  • Travertine
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo
  • Shower Only

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool

Location

  • Ground Level
  • Property is near a park

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501130060

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,398

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Style: Mid Century
  • List Price per Sq Ft: 595.24
  • Lp Sp Ratio: 1.0200
  • View Type: Mountain(s)
  • Year Built: 1959
  • Co Selling Office Address: 2603 Camino Ramon Suite 200, San Ramon, CA 94583
  • Listing I D: 219069575
  • Listing Member Address: PO Box 1095, Palm Springs, CA 92263
  • Listing Office Address: 212 Via Firenza, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 692-9966
  • Selling Office Address: 2603 Camino Ramon Suite 200, San Ramon, CA 94583
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Gas Oven
  • Interior Amenities: Beamed Ceilings, Open Floorplan, High Ceilings (9 Ft+)
  • Flooring: Travertine
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Remodeled, Tile Shower, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Remodeled, Island
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2100.00
  • Windows Treatments: Double Pane Windows, Shutters

Exterior Features

  • Roofing: Asphalt, Foam
  • Fencing: Wood
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501130060
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Street Paved, Level, Fenced
  • Lot Location: Park Nearby
  • Lot Size: 10890.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 3, 2021
Sold by
Geagley Brad K
Bought by
Davis Marcus
Seller's Agent
Ryan Lovett
Palm Springs Mutual Inc
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%
Current Estimated Value
$1,398,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,562
Avg. Annual Appreciation
2.48%
Original Mortgage
$956,250
Outstanding Balance
$881,073
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$517,489

Purchase Details

Closed on
Aug 19, 2004
Sold by
Grbich David and Grbich Mary
Bought by
Geagley Brad K and Geagley Adell J

Purchase Details

Closed on
Mar 9, 2004
Sold by
Garrigus Hershell M
Bought by
Grbich David and Grbich Mary

Purchase Details

Closed on
Feb 13, 2004
Sold by
Deerson Mildred A
Bought by
Garrigus Hershell M and The Mildred A Deerson Revocable Inter Vi

Purchase Details

Closed on
Jul 2, 2001
Sold by
Deerson Mildred A
Bought by
Deerson Mildred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

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Average Value
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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
Davis Marcus $1,275,000 Lawyers Title Ie
Geagley Brad K $500,000 Fidelity National Title
Grbich David $195,000 First American Title Co
Garrigus Hershell M -- --
Deerson Mildred A -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Marcus $45,000
Open Davis Marcus $956,250
Previous Owner Geagley Brad K $690,000
Previous Owner Deerson Mildred A $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $1,275,000 +2.0% $607 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,250,000 -- $595 / 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 $16,398 $1,353,039 $371,422 $981,617
2023 $16,398 $1,300,500 $357,000 $943,500
2022 $16,732 $1,275,000 $350,000 $925,000
2021 $9,092 $691,202 $128,763 $562,439
2020 $8,182 $643,791 $119,974 $523,817
2019 $7,963 $625,040 $116,480 $508,560
2018 $7,666 $601,000 $112,000 $489,000
2017 $7,336 $572,000 $107,000 $465,000
2016 $6,764 $532,000 $99,000 $433,000
2015 $5,828 $469,000 $87,000 $382,000
2014 $5,356 $427,000 $80,000 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219069575

California Desert Association of REALTORS®

APN: 501-130-060