NOT LISTED FOR SALE

2255 Rim Rd Palm Springs, CA 92264

Araby Cove Neighborhood

Estimated Value: $428,000 - $903,000

1 Bed
3 Baths
1,225 Sq Ft
$529/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $232,470 $190 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,713/month

85 Days on Market

Highlights

  • City Lights View
  • Palm Springs High School Rated A-
  • 2 Attached Carport Spaces

About This Home

As of September 2014

Cozy Araby Cove property on a private cud-de-sac section of Rim Road. Property is located amidst the most expensive homes in Palm Springs. 2 bedrooms, 2 baths and a view!!

Last Agent to Sell the Property

Virgina Merrick

Allison James Estates & Homes License #01186503 Listed on: 06/23/2014

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1958

Lot Details

  • 8,276 Sq Ft Lot

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 2 Attached Carport Spaces
  • 2 Car Parking Spaces

Community Details

  • Araby Subdivision

Listing and Financial Details

  • Assessor Parcel Number 510223030

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,789

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Builders Tract Code: Araby
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 223.84
  • Lp Sp Ratio: 0.8478
  • View Type: City Lights
  • Year Built: 1958
  • Listing I D: 214082768
  • Listing Member Address: 41593 Winchester Rd Ste 200, Temecula, CA 92590
  • Listing Member Fax: (951) 880-1801
  • Listing Office Address: 41593 Winchester Rd Ste 200, Temecula, CA 92590
  • Listing Office Fax: (619) 270-9840
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Araby
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Total Bedrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 1225.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Lot Info

  • Assessor Parcel Number: 510223030
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Mitchell Mark and Mitchell Kim
Bought by
Mark M Mitchell And Kim Lois Mitchell Revocab and Mitchell
Current Estimated Value
$647,618

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 26, 2014
Sold by
U S Bank National Association
Bought by
Mitchell Mark and Mitchell Kim
Seller's Agent
Virgina Merrick
Allison James Estates & Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$274,200
Sold Price
$232,470
Premium/Discount to List
-$41,730
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Jun 3, 2014
Sold by
Dupree R J
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 23, 2007
Sold by
Dupree R J and Dupree Ruth
Bought by
Dupree R J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Schalit Theodor
Bought by
Schalit Theodor and Dupree Ruth

Purchase Details

Closed on
Jul 20, 1998
Sold by
Rudin Marvin E and Rudin Maria E
Bought by
Schalit Theodor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.35%
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
Mark M Mitchell And Kim Lois Mitchell Revocab -- None Listed On Document
Mitchell Mark $232,500 First American Title Company
Us Bank National Association $467,575 None Available
Dupree R J -- Chicago Title Company
Schalit Theodor -- --
Schalit Theodor $125,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dupree R J $436,000
Previous Owner Schalit Theodor $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $232,470 -15.2% $190 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $274,200 -- $224 / 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 $3,789 $295,348 $83,822 $211,526
2023 $3,789 $283,881 $80,568 $203,313
2022 $3,862 $278,316 $78,989 $199,327
2021 $3,787 $272,860 $77,441 $195,419
2020 $3,624 $270,063 $76,647 $193,416
2019 $3,564 $264,769 $75,145 $189,624
2018 $3,325 $245,578 $73,673 $171,905
2017 $3,277 $240,764 $72,229 $168,535
2016 $3,185 $236,044 $70,813 $165,231
2015 $3,050 $232,500 $69,750 $162,750
2014 $2,083 $159,845 $31,965 $127,880
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Virgina Merrick

    Allison James Estates & Homes

  • O

    Buyer's Agent in 2014

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214082768

California Desert Association of REALTORS®

APN: 510-223-030

California Riverside County Palm Springs 92264 Araby Cove

2255 Rim Rd, Palm Springs, CA

This home is located at 2255 Rim Rd, Palm Springs, CA 92264 since 23 June 2014 and is currently estimated at $647,618, approximately $528 per square foot. This property was built in 1958. 2255 Rim Rd is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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