NOT LISTED FOR SALE

244 N Monterey Rd Palm Springs, CA 92262

Estimated Value: $1,214,211 - $1,650,000

3 Beds
2 Baths
1,361 Sq Ft
$988/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $1,200,000 $882 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,485/month

113 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Mountain View
  • Furnished
  • Palm Springs High School Rated A-
  • Contemporary Architecture
  • Quartz Countertops

About This Home

As of June 2024

This ICONIC 1958 Mid-century modern home built by the Alexander Construction Co. is located in highly desirable Sunrise Park, has been meticulously cared for with a designer's eye and is ready to be your new weekend getaway or forever home. Highly Upgraded and DONE. NO HOA. Successful vacation rental. Qualifies for new STR Permit. TWO SOLAR systems to save money. Step into this chic light filled floor plan with an open modern kitchen boasting Caesar Stone countertops and newer high-end appliances. Looking through the wall of glass in the main living area, you will inevitably have your eyes drawn to the stunning landscaped backyard with four fruit trees, an oversized 7ft deep heated Saltwater pool, raised 5 person Cal Spa hot tub, updated in-ground gas fire pit, and multiple patio areas with endless mountain views. This 3 BR 2 bath home is DONE and made for entertaining inside and out. Notable features include updated electrical, updated plumbing, new paid in full new solar panels to substantially reduce electrical costs, new Navien tankless water heater, newer A/C unit, outdoor shower, along with an EV charging station in the carport. Also includes a second solar system to heat the pool. The owner recently updated the landscaping in both front and backyards by adding new irrigation and lighting throughout the property. Offered turnkey furnished per inventory, excluding artwork. Property is featured on the home tour for Modernism Week 2024! Property has been a very successful STR vacation rental with the Instagram name of "Monterey Retreat." Good news - this extraordinary home is situated in a Palm Springs section zoned for short-term rentals, with available permits slots. Explore the convenience of being centrally located in Palm Springs, with easy access to the airport, casino, art galleries, dining, theaters, and the best shopping spots just minutes away from downtown. Come and discover the sublime charm, luxury, and countless possibilities that await you in this truly unique Palm Springs retreat. A MUST SEE property!

Last Agent to Sell the Property

Scott And Jim Desert Homes

Harcourts Desert Homes License #1256351T Listed on: 02/01/2024

Harcourts Desert Homes

Co-Listed By

James Sanak

Harcourts Desert Homes License #01372754

Last Buyer's Agent

John Sloan Real Estate Group Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,530

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Sprinklers on Timer
  • Front Yard
  • Property is zoned R1C

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Concrete Flooring
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 2 Attached Carport Spaces

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 502-123-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,530

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This ICONIC 1958 Mid-century modern home built by the Alexander Construction Co. is located in highly desirable Sunrise Park, has been meticulously cared for with a designer's eye and is ready to be your new weekend getaway or forever home. Step into this chic light filled floor plan with an open modern kitchen boasting CaesarStone countertops and newer high-end appliances. Looking through the wall of glass in the main living area, you will inevitably have your eyes drawn to the stunning landscaped backyard with four fruit trees, an oversized 7ft deep heated Saltwater pool, raised 5 person Cal Spa hot tub, updated in-ground gas fire pit, and multiple patio areas with endless mountain views. This 3 BR 2 bath home is DONE and made for entertaining inside and out. Notable features include updated electrical, updated plumbing, new paid in full new solar panels to substantially reduce electrical costs, new Navien tankless water heater, newer A/C unit, outdoor shower, along with an EV charging station in the carport. Also includes a second solar system to heat the pool. The owner recently updated the landscaping in both front and backyards by adding new irrigation and lighting throughout the property. Offered furnished per inventory, excluding artwork.
  • Builders Tract Code: 5830
  • Entry Location: Main Level
  • Living Area: 1361
  • Lot Acreage: 0.2300
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1958
  • Builders Tract Name: Sunrise Park
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Cement
  • Appliances: Free Standing Gas, Gas Grill, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, In Kitchen, Kitchen Island, Dining Area
  • Kitchen Features: Counter Top, Island, Quartz Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Microwave, Refrigerator, Range/Oven, Alarm System, Dishwasher, Dryer, Garbage Disposal, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 936.81

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Covered, Patio Open
  • Pool Description: Heated And Filtered, Gunite, In Ground, Solar Heat, Salt/Saline, Private
  • Pool: Yes
  • Roof: Flat
  • Spa: Above Ground, Heated with Gas
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport, Carport Attached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water District: Desert Water Agency
  • Water Heater: Tankless
  • Cooling: Central, Ceiling Fan, Air Conditioning
  • Heating: Central, Forced Air
  • Sewer: In Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 502-123-013
  • Lot Description: Fenced, Front Yard, Curbs, Street Lighting, Street Paved
  • Lot Size Area: 10019

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
May 30, 2024
Sold by
Monterey Retreat Llc
Bought by
Arnold Paul Robert and Palacios Eddie Sanyer
Seller's Agent
Scott And Jim Desert Homes
Harcourts Desert Homes
Buyer's Agent
John Sloan Real Estate Group Team
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
373
Current Estimated Value
$1,345,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,303
Avg. Annual Appreciation
1.79%
Original Mortgage
$685,000
Outstanding Balance
$676,865
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$549,172

Purchase Details

Closed on
Sep 11, 2023
Sold by
Annapurna Circuit Trust
Bought by
Monterey Retreat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2021
Sold by
Annapurna Circuit Trust
Bought by
Monterey Retreat Llc

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 18, 2021
Sold by
Bruton Byron Reid
Bought by
Cronkite James Kipton and Annapurna Circuit Trust
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Scott And Jim Desert Homes
Harcourts Desert Homes
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.61%
Original Mortgage
$920,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2020
Sold by
Bendorf Aric Peter
Bought by
Bruton Byron Reid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2018
Closed on
Mar 19, 2018
Sold by
Davis Richard A and Kraynak Kathryn M
Bought by
Bendorf Aric Peter
Seller's Agent
Mike Johnson
BD Homes-The Paul Kaplan Group
Buyer's Agent
Phil Pappalardo
Phil Pappalardo Broker
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$545,600
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2012
Closed on
Sep 28, 2012
Sold by
Kidder Richard B
Bought by
Davis Richard A and Kraynak Kathryn M
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Kevin Egan
Greater Palm Springs Realty
List Price
$565,000
Sold Price
$530,000
Premium/Discount to List
-$35,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$416,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2011
Sold by
Kidder Richard Boyd
Bought by
Kidder Richard B and Richard B Kidder Revocable Trust

Purchase Details

Closed on
Feb 12, 2002
Sold by
Torreano Robert J
Bought by
Kidder Richard Boyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 19, 2001
Sold by
Morton Steven L
Bought by
Torreano Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.26%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 28, 2000
Sold by
Morton Steven
Bought by
Morton Steven L and Steven Lance Morton Revocable Trust

Purchase Details

Closed on
Jun 8, 1998
Sold by
Dekapp David and Gaither Franc
Bought by
Morton Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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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
Arnold Paul Robert $1,200,000 Chicago Title
Monterey Retreat Llc -- First American Title
Annapurna Circuit Trust -- First American Title
Monterey Retreat Llc -- None Listed On Document
Monterey Retreat Llc -- None Listed On Document
Cronkite James Kipton $1,150,000 Lawyers Title Company
Bruton Byron Reid $758,500 First American Title Company
Bendorf Aric Peter $695,000 Chicago Title Company Ie
Davis Richard A $530,000 Investors Title Company
Kidder Richard B -- None Available
Kidder Richard Boyd $290,000 First American Title Co
Torreano Robert J $215,000 Chicago Title Co
Morton Steven L -- --
Morton Steve $127,500 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Paul Robert $685,000
Previous Owner Annapurna Circuit Trust $1,087,500
Previous Owner Cronkite James Kipton $920,000
Previous Owner Bruton Byron Reid $350,000
Previous Owner Bendorf Aric Peter $545,600
Previous Owner Davis Richard A $416,000
Previous Owner Kidder Richard Boyd $190,000
Previous Owner Kidder Richard Boyd $160,000
Previous Owner Kidder Richard Boyd $265,000
Previous Owner Torreano Robert J $172,000
Previous Owner Morton Steve $102,000
Closed Torreano Robert J $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $1,200,000 -5.9% $882 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $1,275,000 0.0% $937 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $1,275,000 -1.5% $937 / Sq Ft
03/13/2024 03/13/24 Price Changed $1,295,000 -4.0% $952 / Sq Ft
02/23/2024 02/23/24 Price Changed $1,349,000 -3.6% $991 / Sq Ft
02/01/2024 02/01/24 For Sale $1,399,000 +21.7% $1,028 / Sq Ft
09/13/2021 09/13/21 Sold $1,150,000 +15.1% $887 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $999,000 +43.7% $771 / Sq Ft
04/17/2018 04/17/18 Sold $695,000 -0.6% $536 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/05/2018 03/05/18 Price Changed $699,000 -2.8% $539 / Sq Ft
02/03/2018 02/03/18 For Sale $719,000 +35.7% $555 / Sq Ft
10/29/2012 10/29/12 Sold $530,000 -6.2% $409 / Sq Ft
07/30/2012 07/30/12 For Sale $565,000 -- $436 / 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 $14,530 $1,224,000 $382,500 $841,500
2023 $14,530 $1,173,000 $357,000 $816,000
2022 $15,117 $1,150,000 $350,000 $800,000
2021 $10,151 $766,357 $229,907 $536,450
2020 $9,166 $723,077 $216,923 $506,154
2019 $9,006 $708,900 $212,670 $496,230
2018 $7,411 $573,591 $172,076 $401,515
2017 $7,302 $562,345 $168,702 $393,643
2016 $7,089 $551,320 $165,395 $385,925
2015 $6,809 $543,040 $162,911 $380,129
2014 $6,732 $532,405 $159,721 $372,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-352053

The MLS

APN: 502-123-013