NOT LISTED FOR SALE

Estimated Value: $748,861 - $814,000

2 Beds
2.5 Baths
1,380 Sq Ft
$561/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $735,000 $533 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,104/month

62 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Springs High School Rated A-
  • Gated Community
  • Modern Architecture

About This Home

As of June 2024

Welcome to 2563 Cheryl Lane, a modern and smartly designed home in the heart of Palm Springs, CA. This sleek residence offers 2 bedrooms and 2.5 bathrooms within its 1380 square feet of living space with 24 panels of OWNED solar. Step into the open-concept living area, where natural light floods the space, accentuating the contemporary design. The kitchen is equipped with state-of-the-art appliances, perfect for culinary enthusiasts. The primary bedroom boasts an ensuite bathroom, while the second bedroom offers flexibility for guests or a home office. Each bathroom features modern fixtures and finishes, adding a touch of luxury to daily routines. From the living area, step out into the private backyard to enjoy the captivating views of the surrounding mountains, creating a picturesque backdrop for entertaining or relaxation. A refreshing salt-water pool awaits, surrounded by lush landscaping, providing the perfect setting for outdoor gatherings or serene moments of solitude. Located in the desirable Racquet Club neighborhood, this home offers a sophisticated retreat with easy access to the vibrant shopping and dining the area has to offer just minutes away. Don't miss the opportunity to make this modern gem your own. Schedule a showing today and experience the epitome of Palm Springs living at 43 @ Racquet Club.

Last Agent to Sell the Property

Paul Linger

Compass License #02023795 Listed on: 03/13/2024

Compass

Co-Listed By

Jim Caldwell Jr.

Compass License #02047464

Last Buyer's Agent

Paul Linger

Compass License #02023795 Listed on: 03/13/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,272

Year Built

  • Built in 2007

Lot Details

  • 3,485 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Gated Home
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Pool

Home Design

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

Interior Spaces

  • 1,380 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Loft
  • Porcelain Tile

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Gas Water Heater
  • Sewer in Street

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 504-380-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,272

Year Built

Built in 2007

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 4851
  • Living Area: 1380
  • Lot Acreage: 0.0800
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2007
  • Builders Tract Name: 43 @ Racquet Club
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Porcelain
  • Appliances: Cooktop - Gas, Gas/Electric Range, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Microwave, Freezer, Refrigerator, Washer, Dryer, Dishwasher, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 542.03
  • Windows: Double Pane Windows, Screens, Custom Window Covering

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Slab
  • Fence: Block
  • Pool Description: In Ground, Heated And Filtered, Heated with Gas, Private
  • Pool: Yes
  • Roof: Flat
  • Spa: Private, Heated with Gas
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage, Garage - 2 Car, Private
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Forced Air, Central
  • Security: Gated, Fire and Smoke Detection System
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 265.00
  • HOA: Yes

Lot Info

  • Sprinklers: Drip System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 504-380-038
  • Lot Description: Gated Community, Back Yard, Yard, Agricultural, Fenced, Fenced Yard, Landscaped, Utilities Underground
  • Lot Location: Corner Lot
  • Lot Size Area: 3485

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 28, 2024
Sold by
Gentalen Edward and Gentalen Kathryn
Bought by
Canham Anita R
Seller's Agent
Paul Linger
Compass
Buyer's Agent
Paul Linger
Compass
List Price
$748,000
Sold Price
$735,000
Premium/Discount to List
-$13,000
-1.74%
Views
110
Current Estimated Value
$776,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,872
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Jul 4, 2019
Closed on
Jul 26, 2019
Sold by
Lim Precious J
Bought by
Gentalen Edward and Gentalen Kathryn
Seller's Agent
Mike Johnson
BD Homes-The Paul Kaplan Group
Buyer's Agent
Paul Linger
Compass
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 16, 2018
Sold by
Cox Ii Gary Chame
Bought by
Lim Precious
Seller's Agent
Richard Gariepy
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$524,000
Sold Price
$495,000
Premium/Discount to List
-$29,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$396,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 1, 2018
Sold by
Moore Lincoln A
Bought by
Lim Precious J
Seller's Agent
Richard Gariepy
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$524,000
Sold Price
$495,000
Premium/Discount to List
-$29,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2015
Closed on
Jul 28, 2015
Sold by
Brousseau David Allan and Oshima Mark Masao
Bought by
Moore Lincoln A
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Richard Gariepy
Bennion Deville Homes
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$344,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Palm Springs Modern Homes Iv Llc
Bought by
Brousseau David Allan and Oshima Mark Masao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Canham Anita R $735,000 Orange Coast Title
Gentalen Edward $499,000 Orange Coast Title
Lim Precious -- Fidelity National Title Inla
Lim Precious J $495,000 Fidelity National Title
Moore Lincoln A $450,000 Orange Coast Title
Brousseau David Allan $398,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Precious J $396,000
Previous Owner Moore Lincoln A $344,000
Previous Owner Brousseau David Allan $187,500
Previous Owner Brousseau David Allan $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $735,000 -1.7% $533 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $748,000 +49.9% $542 / Sq Ft
07/29/2019 07/29/19 Sold $499,000 0.0% $362 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $499,000 +0.8% $362 / Sq Ft
08/20/2018 08/20/18 Sold $495,000 -0.8% $359 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $499,000 -4.8% $362 / Sq Ft
06/18/2018 06/18/18 For Sale $524,000 +16.4% $380 / Sq Ft
09/22/2015 09/22/15 Sold $450,000 -2.2% $326 / Sq Ft
07/26/2015 07/26/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $460,000 -- $333 / 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 $7,272 $749,699 $187,426 $562,273
2023 $7,272 $524,537 $72,268 $452,269
2022 $7,407 $514,252 $70,851 $443,401
2021 $7,255 $504,169 $69,462 $434,707
2020 $6,937 $499,000 $68,750 $430,250
2019 $6,888 $495,000 $75,000 $420,000
2018 $6,543 $468,179 $117,565 $350,614
2017 $6,437 $459,000 $115,260 $343,740
2016 $6,252 $450,000 $113,000 $337,000
2015 $5,806 $426,442 $96,429 $330,013
2014 $4,782 $347,000 $78,000 $269,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-361195

The MLS

APN: 504-380-038