NOT LISTED FOR SALE

2303 N Magnolia Rd Palm Springs, CA 92262

Ranch Club Estates Neighborhood

Estimated Value: $502,000 - $925,000

4 Beds
2 Baths
2,199 Sq Ft
$332/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $310,000 $141 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,362/month

67 Days on Market

About This Home

As of May 2015

Great SFH property with 4BD/2BA, almost 2,200 SqFt, 10,019 lot, You Own the land, large private Pool and Spa, Mountain Views, formal living room plus oversized family/great room with fireplace and bar area with direct access to the pool area, kitchen eating area. New flooring in the Bedrooms and Living Room, new granite counter in kitchen, new appliances, laundry in garage, covered patio, covered RV parking plus 2 car garage. Perfect for income property, 2nd home or primary residence. Walking distance to shopping, restaurants, gym. Only few minutes drive to downtown Palm Springs and Design Center, Golf, Tennis, Hiking and Biking Trails. No Lease Land, No HOA.

Last Agent to Sell the Property

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 03/06/2015

Keller Williams Luxury Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Cross Street: CERRITOS, VIA ESCUELA, FARRELL, RACQUET CLUB
  • Active Date: 2015-03-06
  • Full Bathroom: 2
  • Building Size: 2199.0
  • Building Structure Style: Ranch
  • Driving Directions: Between Sunrise & Farrell, Vista Chino & Racquet Club. From Farrell off Vista Chino, west on Via Escuela, right on North Acacia, Left on Hudson, Right on Magnolia.
  • Full Street Address: 2303 N MAGNOLIA RD
  • Lot Dimension Description: A.0.2300
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2015-08-27
  • Spa Construction: In Ground
  • Spa Descriptions: Private Spa
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Bathroom Features: Shower Over Tub
  • Eating Areas: Dining Area
  • Appliances: Microwave, Free Standing Gas
  • Advertising Remarks: Great SFH property with 4BD/2BA, almost 2,200 SqFt, 10,019 lot, You Own the land, large private Pool and Spa, Mountain Views, formal living room plus oversized family/great room with fireplace and bar area with direct access to the pool area, kitchen eati
  • Total Bedrooms: 4
  • Builders Tract Code: 4980
  • Builders Tract Name: DESERT PARK ESTATES
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher
  • Floor Material: Laminated
  • Kitchen Features: Remodeled
  • Laundry: In Garage
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Patio: Covered Porch

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2.0
  • Parking Features: RV Covered
  • Parking Spaces Total: 2
  • Parking Type: Carport Attached, Garage - Two Door, RV Access, Side by Side

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Back Yard, Front Yard, Lot Shape-Rectangular, Single Lot, Street Asphalt

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2016
Sold by
Black Armour E
Bought by
Haftvani Edi Alksanian and Alksanian Silva
Total Days on Market
67
Current Estimated Value
$730,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.45%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 19, 2015
Sold by
Black Suzanne S
Bought by
Black Armour E
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$360,000
Sold Price
$310,000
Premium/Discount to List
-$50,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Apr 13, 2010
Sold by
Riddell David J and Riddell Marjorie
Bought by
Aghajanian Adrineh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Riddell David J
Bought by
Ridell David J and Riddell Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2000
Sold by
Hennick Shirley
Bought by
Baron Harold B and Baron Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2000
Sold by
Household Finance Corp Of California
Bought by
Riddell David and Riddell Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2000
Sold by
Strohm David D and Strohm Rosetta C
Bought by
Household Finance Corp Of California
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
Haftvani Edi Alksanian $340,000 North American Title Co
Black Armour E -- Lawyers Title Company
Black Armour E $310,000 Lawyers Title Company
Aghajanian Adrineh $195,000 None Available
Ridell David J -- United Title Company Inland
Riddell David J -- United Title Company Inland
Baron Harold B $315,000 Orange Coast Title
Riddell David $145,000 Chicago Title Co
Household Finance Corp Of California $136,300 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haftvani Ed Alksanian $310,000
Closed Haftvani Edi Alksanian $340,000
Closed Haftvani Edi Alksanian $340,000
Previous Owner Aghajanian Adrineh $156,000
Previous Owner Riddell David J $325,000
Previous Owner Riddell David $143,451
Previous Owner Riddell David $143,814
Previous Owner Strohm David $10,000
Previous Owner Strohm David D $178,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $310,000 -11.4% $141 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
05/07/2015 05/07/15 Price Changed $349,990 -2.8% $159 / Sq Ft
03/06/2015 03/06/15 For Sale $360,000 -- $164 / 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 $4,972 $394,594 $98,647 $295,947
2023 $4,972 $379,273 $94,817 $284,456
2022 $5,069 $371,837 $92,958 $278,879
2021 $4,969 $364,547 $91,136 $273,411
2020 $4,752 $360,810 $90,202 $270,608
2019 $4,672 $353,736 $88,434 $265,302
2018 $4,586 $346,800 $86,700 $260,100
2017 $4,519 $340,000 $85,000 $255,000
2016 $4,160 $314,726 $78,681 $236,045
2015 $2,752 $207,866 $41,572 $166,294
2014 -- $203,796 $40,758 $163,038
Source: Public Records

Agents Affiliated with this Home

  • Leonardo Montenegro

    Seller's Agent in 2015

    Leonardo Montenegro

    Keller Williams Luxury Homes

    (760) 464-5600

    128 Total Sales

    Leonardo Montenegro
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: The MLS

MLS Number: 15-884551PS

The MLS

APN: 501-323-003

California Riverside County Palm Springs 92262 Ranch Club Estates

2303 N Magnolia Rd, Palm Springs, CA

This home is located at 2303 N Magnolia Rd, Palm Springs, CA 92262 since 06 March 2015 and is currently estimated at $730,095, approximately $332 per square foot. This property was built in 1973. 2303 N Magnolia Rd is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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