NOT LISTED FOR SALE

Estimated Value: $911,809 - $1,029,000

4 Beds
3 Baths
1,861 Sq Ft
$528/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $750,000 $403 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,513/month

51 Days on Market

Highlights

  • Tennis Courts
  • Cabana
  • Two Primary Bathrooms
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • Open Floorplan

About This Home

As of May 2019

Turn Key Successful Vacation Rental No HOA. A magnificent home totally redone in 2017 4 bedrooms 2 master suites new kitchen bathrooms windows 5ton HVAC. This smart home has a verifiable six figure income and will provide a 50% cash on cash return per annum. The best is the lush grounds new 25x40 pool, jacuzzi pentair intellichoice and outdoor kitchen with seating for 8 a firepit and ping pong pad outdoor covered dining tables and a covered lounging area all with a head on mountain view and surrounded by a wall of mature ficus. Sold with furnishings. Listing broker is related to seller

Last Agent to Sell the Property

George Goldstein

Sirid Inc License #01205644 Listed on: 02/15/2019

Last Buyer's Agent

Marc Lange

Equity Union License #01407481

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Block Wall Fence
  • Sprinklers Throughout Yard

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Tandem Parking
  • Driveway
  • Guest Parking

Home Design

  • Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Major Repairs Completed
  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,861 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Cabana
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Gunite Spa
  • Pool Tile
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Tennis Courts
  • Covered patio or porch
  • Gazebo
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Multi-Tank Hot Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 501-331-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,242

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Combo - Res & Com
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Disability Access: 2+ Access Exits
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Exclusions: art
  • Living Area: 1861
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Additions/Alter, Repairs Major, Updated/Remodeled
  • Stories: 1
  • Year Built: 1979
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Furnished, Mirrored Closet Door(s), Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Storage Space, Turnkey
  • Number Of Remote Controls: 2
  • Flooring: Laminate
  • Appliances: Built-In And Free Standing, Built-In Gas, Built-Ins, Cooktop - Gas, Gas, Microwave, Oven-Gas, Range Hood, Self Cleaning Oven
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Linen Closet, Remodeled, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Open to Family Room, Remodeled, Stone Counters
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Inclusions: all personal property
  • Price Per S Q F T: 408.38

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Barbecue Private, Custom Built, Energy Efficient, Service Entrance, Sliding Glass Doors, Sprinkler System
  • Other Structures: Cabana, Gazebo
  • Tennis Court: Paddle
  • Tennis Court Y/N: Yes
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Concrete Slab, Patio Open, Porch - Front, Slab
  • Pool Description: Heated with Gas, In Ground, Permits, Private, Salt/Saline, Tile
  • Pool: Yes
  • Roof: Asphalt, Composition
  • Spa: Gunite, Heated with Gas, In Ground, Permits, Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 6
  • Parking Garage: Driveway - Concrete, Garage - 2 Car, Parking for Guests - Onsite, Parking Space, Private Garage, Tandem
  • Total Parking: 8

Utilities

  • TV Svcs: MATV
  • Volt 220: In Garage, In Laundry
  • Water District: Desert
  • Water Heater: Multi-Tank
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Smoke Detector
  • Sewer: In Street Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified

Lot Info

  • Sprinklers: Front, Manual, Rear, Side, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 501-331-010
  • Geocode Override: No
  • Lot Size Area: 10019

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Apr 16, 2019
Sold by
Acacia Investments Llc
Bought by
Groccia Steven and Tavana Rachel
Seller's Agent
George Goldstein
Sirid Inc
Buyer's Agent
Marc Lange
Equity Union
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,033,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,533
Avg. Annual Appreciation
6.14%
Original Mortgage
$600,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2017
Sold by
Beckley Kathy M
Bought by
Acacia Investments Llc

Purchase Details

Closed on
Apr 19, 2017
Sold by
Stomel Joshua A
Bought by
Beckley Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Stomel Vivian
Bought by
Stomel Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2016
Sold by
Lerma Rosa and Reyes Emilio
Bought by
Stomel Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2009
Sold by
Lerma Rosa and Reyes Emilio
Bought by
Lerma Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,887
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1994
Sold by
Cisneros Henry G
Bought by
Lerma Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,528
Interest Rate
8.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1993
Sold by
Gmac Mtg Corp Of Iowa
Bought by
Hud
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
Groccia Steven $750,000 Lawyers Title
Acacia Investments Llc -- None Available
Beckley Kathy M $600,000 Chicago Title Company
Stomel Joshua A -- First American Title Company
Stomel Joshua A $285,000 First American Title Company
Lerma Rosa -- Accommodation
Lerma Rosa -- Ticor Title Company
Lerma Rosa $80,000 Commonwealth Land Title
Hud -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groccia Steven $598,200
Closed Groccia Steven $600,000
Previous Owner Beckley Kathy M $424,000
Previous Owner Stomel Joshua A $213,750
Previous Owner Lerma Rosa $167,887
Previous Owner Lerma Rosa $152,000
Previous Owner Lerma Rosa $102,000
Previous Owner Lerma Rosa $78,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $750,000 -1.3% $403 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
02/27/2019 02/27/19 Price Changed $760,000 +1.3% $408 / Sq Ft
02/15/2019 02/15/19 For Sale $750,000 -- $403 / 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 $10,242 $836,634 $209,157 $627,477
2023 $10,242 $804,148 $201,036 $603,112
2022 $10,448 $788,382 $197,095 $591,287
2021 $10,237 $772,925 $193,231 $579,694
2020 $9,775 $765,000 $191,250 $573,750
2019 $8,040 $624,240 $156,060 $468,180
2018 $7,890 $612,000 $153,000 $459,000
2017 $2,186 $153,635 $29,275 $124,360
2016 $2,428 $150,623 $28,701 $121,922
2015 $2,330 $148,363 $28,271 $120,092
2014 $2,328 $145,459 $27,718 $117,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-434944

The MLS

APN: 501-331-010