NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $2,012,000

3 Beds
2 Baths
1,320 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold October 02, 2014

Last sale price $516,000 $391 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $9,481/month

10 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Covered Patio or Porch
  • Palm Springs High School Rated A-
  • Great Room
  • Breakfast Area or Nook

About This Home

As of October 2014

Stand poolside at this Araby home and take in the view of Palm Springs and the surrounding mountains. This is the best of desert living. Two separate tax lots totaling over half an acre offered together for sale. Existing 3 bed/2 bath home on larger lot with plenty of room to expand. Build on the empty lot and make this a fabulous estate. Or sell the empty lot and rework the house into a masterpiece. The possibilities are endless. Don't let this one get away. An opportunity like this in a neighborhood as exclusive as Araby does not come everyday.Being sold with lot next door. SEE additional MLS # 14-788203-PSComplete package is $599,000. Will not be sold separately.

Last Agent to Sell the Property

Kevin Stern

Town Real Estate License #01376548 Listed on: 08/26/2014

Co-Listed By

Geoffrey Moore

Town Real Estate License #01942291

Last Buyer's Agent

Todd Hays

Podley Properties License #01852756

Podley Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,722

Year Built

  • Built in 1958

Lot Details

  • 0.41 Acre Lot
  • West Facing Home
  • Wood Fence
  • Drip System Landscaping
  • Hillside Location
  • Property is zoned R1B

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Tandem Parking
  • Guest Parking
  • On-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Valley

Home Design

  • Bungalow
  • Fixer Upper
  • Slab Foundation
  • Stucco
  • Stone

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 510-233-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,722

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 5970
  • Entry Location: Living Room
  • Living Area: 1320
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1958
  • Builders Tract Name: Araby
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Built-In Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 378.03

Exterior Features

  • Direction Faces: West
  • Construction: Stone, Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Wood
  • Patio: Concrete Slab, Covered Porch
  • Pool Description: In Ground
  • Pool: Yes
  • View: City Lights, Desert, Mountains, Panoramic, Valley
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Above Street Level, Garage - 2 Car, Garage Is Detached, Parking for Guests, Tandem

Utilities

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

Lot Info

  • Sprinklers: Drip System
  • Horses: No
  • Assessor Parcel Number: 510-233-007
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Location: Hillside
  • Lot Size Area: 17860

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Rinkenberger Daniel J
Bought by
Rinkenberger Daniel J
Current Estimated Value
$1,625,981

Purchase Details

Listed on
Aug 26, 2014
Closed on
Sep 8, 2014
Sold by
Greenberg Katherine L
Bought by
Rinkenberger Daniel
Seller's Agent
Kevin Stern
Town Real Estate
Buyer's Agent
Todd Hays
Podley Properties
List Price
$499,000
Sold Price
$516,000
Premium/Discount to List
$17,000
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$321,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 25, 2014
Sold by
Greenberg Katherine L
Bought by
Greenberg Katherine L

Purchase Details

Closed on
Dec 22, 2003
Sold by
Greenberg Katherine L
Bought by
Greenberg Katherine L

Purchase Details

Closed on
Nov 28, 1997
Sold by
Hayes Beverly A
Bought by
Greenberg Katherine L and Hayes Beverly A
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
Rinkenberger Daniel J -- None Available
Rinkenberger Daniel $521,000 Ticor Title Company
Greenberg Katherine L -- None Available
Greenberg Katherine L -- --
Greenberg Katherine L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rinkenberger Daniel $281,000
Closed Rinkenberger Daniel $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2014 10/02/14 Sold $516,000 +3.4% $391 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $499,000 -- $378 / 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 $10,722 $876,902 $187,844 $689,058
2023 $10,722 $842,852 $180,550 $662,302
2022 $10,939 $826,326 $177,010 $649,316
2021 $10,717 $810,125 $173,540 $636,585
2020 $10,223 $801,819 $171,761 $630,058
2019 $9,137 $713,393 $168,394 $544,999
2018 $7,576 $607,093 $165,093 $442,000
2017 $3,525 $260,856 $161,856 $99,000
2016 $6,813 $528,944 $158,683 $370,261
2015 $6,543 $521,000 $156,300 $364,700
2014 $1,146 $76,354 $29,291 $47,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-788201

The MLS

APN: 510-233-021