NOT LISTED FOR SALE

Estimated Value: $1,036,000 - $1,250,000

3 Beds
2 Baths
1,466 Sq Ft
$787/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $1,255,000 $856 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,673/month

56 Days on Market

Highlights

  • Cabana
  • Midcentury Modern Architecture
  • High Ceiling
  • Palm Springs High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of April 2024

Historic Architecture? Stunning mountain views? An oversized park-like backyard? Yes, you can have it all! Classic Mid Century Modern Architecture renovated for today's living and is move-in ready. This home was designed by famed architect William Krisel of the Alexander Construction Co., has 3 bedrooms/2 bathrooms and is beautifully situated on an oversized lot. The complete combination of modernist design, a lush, serene setting and some of the best mountain views in Palm Springs! The exterior radiates the Mid Mod vibe with elongated gable roof and clerestory windows. Step into the open kitchen, dining and living spaces that look out onto the expansive backyard. An additional slider and corner windows have been added to create a wall of floor to ceiling glass and enhance that perfect indoor/outdoor lifestyle experience. The kitchen, baths and bedrooms have all been tastefully renovated for a clean, modern feel. Extensive improvements include polished concrete flooring, foam roof protective coating, home fully replumbed and pool heater and home water heater. This beautiful property is located at the end of a quiet cul-de-sac in the Racquet Club neighborhood famous for its mid-century homes. Due to the location, the park-like lot is especially large with a private pool, spa, mature trees/landscaping and several lounging areas for both sun & shade. A cabana creates the ideal spot for an outdoor living area with sofas and a dining table facing the best mountain view for the best sunset experience every night. Landscape lighting creates the perfect ambiance after the sunset. Looking for more space? This lot will accommodate expansion, if needed, to include an ADU or casita. A breezeway with BBQ and outdoor dining provides another entertaining option and connects to the backyard and the 2-car garage. If you're searching for the perfect desert oasis you've just found it!

Last Agent to Sell the Property

Jim Caldwell Jr.

Compass License #02047464 Listed on: 01/16/2024

Compass

Co-Listed By

Paul Linger

Compass License #02023795

Last Buyer's Agent

Mark Grimes

Compass License #02066384

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Level Lot
  • Back Yard
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Area
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Driveway

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 501-130-042

Home Details

Home Type

Single Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Historic Architecture? Stunning mountain views? An oversized park-like backyard? Classic Mid Century Modern Architecture renovated for today's living. This home was designed by famed architect William Krisel of the Alexander Construction Co., has 3 bedrooms/2 bathrooms and is beautifully situated on an oversized lot. The complete combination of modernist design, a lush, serene setting and some of the best mountain views in Palm Springs! Step into the open kitchen, dining and living spaces that look out onto the expansive backyard. An additional slider and corner windows were added to create a wall of floor to ceiling glass and enhance that perfect indoor/outdoor lifestyle experience. The kitchen, baths and bedrooms have all been tastefully renovated for a clean, modern feel. This beautiful property is located at the end of a quiet cul-de-sac in a neighborhood famous for its mid-century homes. The park-like lot is especially large with a private pool, spa, mature trees/landscaping and several lounging areas for both sun & shade. A cabana creates the ideal spot for an outdoor living area with sofas and a dining table facing the best mountain views. This lot will accommodate expansion, if needed, to include an ADU/casita. The perfect desert oasis!
  • Living Area: 1466
  • Lot Acreage: 0.3200
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1959
  • Builders Tract Name: Racquet Club East
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Appliances: Oven, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Ground Floor Master, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Barbeque, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer, Range/Oven
  • Inclusions: Some furnishings could be available outside of Escrow
  • Price Per S Q F T: 869.71

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: Sliding Glass Doors, High Ceilings (9 Feet+)
  • Other Structures: Cabana
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool Description: In Ground, Heated And Filtered, Private
  • Pool: Yes
  • Roof: Foam
  • Spa: Private, Heated
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway - Concrete
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Central, Ceiling Fan
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Card/Code Access
  • Sewer: In Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 501-130-042
  • Lot Description: Back Yard, Landscaped, Lot-Level/Flat
  • Lot Size Area: 13939

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 27, 2024
Sold by
Morlet Laurent
Bought by
Arnaud Gourdol Living Trust and Gourdol
Seller's Agent
Jim Caldwell Jr.
Compass
Buyer's Agent
Mark Grimes
Compass
List Price
$1,349,000
Sold Price
$1,255,000
Premium/Discount to List
-$94,000
-6.97%
Views
203
Current Estimated Value
$1,153,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,269
Avg. Annual Appreciation
-4.80%
Original Mortgage
$753,000
Outstanding Balance
$741,512
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$412,219

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 23, 2016
Sold by
Demorgny Thomas
Bought by
Morlet Laurent
Seller's Agent
Donna Peace
Desert Star Real Estate Referrals
Buyer's Agent
Marcelo Lopez
Equity Union
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 11, 2016
Sold by
Smith Bruce and Smith Kathryn
Bought by
Morlet Laurent
Seller's Agent
Donna Peace
Desert Star Real Estate Referrals
Buyer's Agent
Marcelo Lopez
Equity Union
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%

Purchase Details

Closed on
Jan 2, 2008
Sold by
Trunzo Nicholas
Bought by
Smith Kathryn and Smith Bruce

Purchase Details

Closed on
Mar 4, 2003
Sold by
Bergquist David
Bought by
Trunzo Nicholas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,285
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 2002
Sold by
Trunzo Nicholas P and Bergquist David E
Bought by
Bergquist David E

Purchase Details

Closed on
Dec 6, 2001
Sold by
Hutton Krebser J Stephen
Bought by
Bergquist David and Trunzo Nicholas Paul

Purchase Details

Closed on
Jul 13, 1999
Sold by
Paulette Pennington
Bought by
Hutton Krebser J Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 1994
Sold by
Warren Stuart
Bought by
Sica Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 1994
Sold by
Sica Joseph M
Bought by
Pennington Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Arnaud Gourdol Living Trust $1,255,000 Consumers Title
Morlet Laurent -- Lawyers Title
Morlet Laurent $510,000 Lawyers Title
Smith Kathryn -- None Available
Trunzo Nicholas P -- Chicago Title Co
Bergquist David E -- --
Bergquist David $235,500 Commonwealth Land Title Co
Hutton Krebser J Stephen $140,000 Old Republic Title Company
Sica Joseph M $222,500 First American Title Ins Co
Pennington Paulette $121,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnaud Gourdol Living Trust $753,000
Previous Owner Trunzo Nicholas P $32,285
Previous Owner Hutton Krebser J Stephen $126,000
Previous Owner Sica Joseph M $204,000
Previous Owner Pennington Paulette $108,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Sold $1,255,000 -1.6% $856 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $1,275,000 -5.5% $870 / Sq Ft
01/16/2024 01/16/24 For Sale $1,349,000 +164.5% $920 / Sq Ft
08/31/2016 08/31/16 Sold $510,000 -5.4% $416 / Sq Ft View Prior Sale
08/26/2016 08/26/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $539,000 -- $440 / 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 $7,324 $1,280,100 $362,100 $918,000
2023 $7,324 $568,909 $170,672 $398,237
2022 $7,470 $557,755 $167,326 $390,429
2021 $7,320 $546,820 $164,046 $382,774
2020 $6,994 $541,214 $162,364 $378,850
2019 $6,874 $530,603 $159,181 $371,422
2018 $6,746 $520,200 $156,060 $364,140
2017 $6,647 $510,000 $153,000 $357,000
2016 $3,657 $281,098 $83,213 $197,885
2015 $3,502 $276,877 $81,964 $194,913
2014 $3,450 $271,455 $80,359 $191,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-347623

The MLS

APN: 501-130-042