NOT LISTED FOR SALE

Estimated Value: $733,000 - $895,000

3 Beds
2 Baths
1,225 Sq Ft
$657/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $410,000 $335 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,781/month

100 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • 2-minute walk to Victoria Park

About This Home

As of August 2014

$100,000 Total in Price Reductions! Motivated Seller! Bring all offers! Affordable and a great value, this Palmer & Krisel home provides entree into a half-million dollar plus enclave, known for hip mid-century moderns, at an unheard of price! As prices continue to heat up in this sought-after neighborhood, now is the time, and it's perfect as a starter home or vacation rental. Updated for 21st century living with Caesarstone topping an island and counters in the kitchen and new cabinets, sink, fixtures and range with stainless hood. Caesarstone continues to the master and guest baths, with cool glass tiles and new cabinets in both. A paneled glass door in the master has access to the side yard and mature fruit trees. Vaulted, tongue and groove ceilings in the open living area allow sunlight to stream in through two glass sliders, one looking out to the pool and low maintenance landscaping that surrounds it.

Last Agent to Sell the Property

Scott Jim Homes Team

Bennion Deville Homes License #01256351 Listed on: 05/12/2014

Co-Listed By

Jim Sanak

Last Buyer's Agent

Scott Jim Homes Team

Bennion Deville Homes License #01256351 Listed on: 05/12/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,142

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Level Lot
  • Drip System Landscaping
  • Back Yard

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Slab Foundation

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Sliding Doors
  • Dining Area
  • Laundry closet

Kitchen

  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501062005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,142

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: Racquet Club East
  • Building Style: Mid Century, Modern
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 325.71
  • Lp Sp Ratio: 1.0276
  • View Type: Mountain(s), Pool
  • Year Built: 1959
  • Co Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (760) 567-1550
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 214017940
  • Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings (9 Ft+)
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Stone Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 1225.00

Exterior Features

  • Fencing: Wood
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501062005
  • Irrigation: Drip System
  • Lot Acres: 0.2400
  • Lot Description: Back Yard, Level, Fenced
  • Lot Size: 10454.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 18, 2014
Sold by
Apg Fund I Llc
Bought by
Terzian Philip A and Carter Traci M
Seller's Agent
Scott Jim Homes Team
Bennion Deville Homes
Buyer's Agent
Scott Jim Homes Team
Bennion Deville Homes
List Price
$499,000
Sold Price
$410,000
Premium/Discount to List
-$89,000
-17.84%
Current Estimated Value
$805,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,184
Avg. Annual Appreciation
6.74%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 22, 2014
Sold by
Nrec Inc
Bought by
Apg Fund I Llc
Seller's Agent
Chandra DaSilva
Pinnacle Realty Advisors
Buyer's Agent
Chandra DaSilva
Pinnacle Realty Advisors
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.28%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Mar 11, 2014
Sold by
Roy Kevin R
Bought by
Nrec Inc
Seller's Agent
Chandra DaSilva
Pinnacle Realty Advisors
Buyer's Agent
Chandra DaSilva
Pinnacle Realty Advisors
List Price
$435,000
Sold Price
$370,000
Premium/Discount to List
-$65,000
-14.94%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Roy Kevin R and Park John M
Bought by
Roy Kevin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2008
Sold by
First Horizon Home Loan Corp
Bought by
Roy Kevin R and Park John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Soldo Mark P
Bought by
First Horizon Home Loan Corp

Purchase Details

Closed on
May 27, 2005
Sold by
Dean Craig D
Bought by
Soldo Mark P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 1995
Sold by
Dean Craig
Bought by
Dean Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8.77%
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
Terzian Philip A $410,000 First American Title Company
Apg Fund I Llc -- None Available
Nrec Inc $370,000 None Available
Roy Kevin R -- Lsi
Roy Kevin R $292,500 First American Title
First Horizon Home Loan Corp $373,150 Lawyers Title Co
Soldo Mark P $400,000 Fidelity National Title Co
Dean Craig D -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roy Kevin R $209,600
Previous Owner Roy Kevin R $228,000
Previous Owner Soldo Mark P $319,920
Previous Owner Dean Craig D $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $410,000 +2.8% $335 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
07/31/2014 07/31/14 Price Changed $399,000 -11.3% $326 / Sq Ft
07/03/2014 07/03/14 Price Changed $449,900 -6.1% $367 / Sq Ft
05/29/2014 05/29/14 Price Changed $479,000 -4.0% $391 / Sq Ft
05/12/2014 05/12/14 For Sale $499,000 +34.9% $407 / Sq Ft
03/14/2014 03/14/14 Sold $370,000 -12.9% $302 / Sq Ft
03/04/2014 03/04/14 Price Changed $425,000 -2.3% $347 / Sq Ft
03/03/2014 03/03/14 For Sale $435,000 -- $355 / 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 $6,142 $492,748 $147,821 $344,927
2023 $6,142 $473,616 $142,082 $331,534
2022 $6,264 $464,331 $139,297 $325,034
2021 $6,139 $455,227 $136,566 $318,661
2020 $5,867 $450,560 $135,166 $315,394
2019 $5,767 $441,726 $132,516 $309,210
2018 $5,661 $433,066 $129,919 $303,147
2017 $5,578 $424,575 $127,372 $297,203
2016 $5,417 $416,251 $124,875 $291,376
2015 $5,199 $410,000 $123,000 $287,000
2014 $3,968 $306,751 $76,685 $230,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214017940

California Desert Association of REALTORS®

APN: 501-062-005