NOT LISTED FOR SALE

Estimated Value: $627,000 - $846,000

2 Beds
2.5 Baths
1,516 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $340,000 $224 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,569/month

20 Days on Market

Highlights

  • Outdoor Pool
  • Fireplace
  • Central Air
  • Palm Springs High School Rated A-

About This Home

As of October 2012

This home is located at 260 Cheryl Dr, Palm Springs, CA 92262 since 28 August 2012 and is currently estimated at $721,984, approximately $476 per square foot. This property was built in 2007. 260 Cheryl Dr is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Last Agent to Sell the Property

Greg Norris

License #01750060 Listed on: 08/28/2012

Last Buyer's Agent

Timothy McTavish

Pacific Sotheby's International Realty License #01434731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 2007

Lot Details

  • 3,920

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Outdoor Pool
  • 3,920 Sq Ft Lot
  • Central Air

Community Details

  • 43 @ Racquet Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504380018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,757

Year Built

Built in 2007

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builders Tract Code: Racquet Club West
  • List Price per Sq Ft: 230.87
  • Lp Sp Ratio: 0.9714
  • Year Built: 2007
  • Listing I D: 21460093
  • Listing Office Address: 1845 Chicago Ave.,Ste. C, Riverside, CA 92507
  • Listing Office Fax: (951) 780-9827
  • Selling Office Address: 1845 Chicago Ave.,Ste. C, Riverside, CA 92507
  • Selling Office Fax: (951) 780-9827
  • Land Type: Fee
  • Subdivision: 43 @ Racquet Club
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1516.00

Exterior Features

  • Roofing: Composition, Shingle
  • Pool: Yes
  • Pool Location: Private

Utilities

  • Cooling Type: Air Conditioning

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 155.00
  • Total Monthly Association Fees: 155.00

Lot Info

  • Assessor Parcel Number: 504380018
  • Lot Acres: 0.0900
  • Lot Size: 3920.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2012
Closed on
Sep 10, 2012
Sold by
Norris Group Community Reinvestment Lp
Bought by
Parker Steven James
Seller's Agent
Greg Norris
Buyer's Agent
Timothy McTavish
Pacific Sotheby's International Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Current Estimated Value
$721,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,984
Avg. Annual Appreciation
6.03%
Original Mortgage
$250,000
Outstanding Balance
$173,814
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$548,170

Purchase Details

Listed on
Aug 28, 2012
Closed on
Aug 20, 2012
Sold by
Kleinsmith Gerald E and Michaud Gerard L
Bought by
The Norris Group Community Reinvestment
Seller's Agent
Greg Norris
Buyer's Agent
Timothy McTavish
Pacific Sotheby's International Realty
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

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
Outstanding Balance
$173,814
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$548,170

Purchase Details

Closed on
Jan 23, 2007
Sold by
Palm Springs Modern Homes Iv Llc
Bought by
Kleinsmith Gerald E and Michaud Gerard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
6.87%
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
Parker Steven James $340,000 First American Title Company
The Norris Group Community Reinvestment -- None Available
Kleinsmith Gerald E $539,000 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Steven James $250,000
Previous Owner Kleinsmith Gerald E $431,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $340,000 -2.9% $224 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $350,000 +2.9% $231 / Sq Ft
08/28/2012 08/28/12 Off Market $340,000 -- --
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 $5,757 $418,670 $98,508 $320,162
2023 $5,757 $402,415 $94,684 $307,731
2022 $5,861 $394,526 $92,828 $301,698
2021 $5,741 $386,791 $91,008 $295,783
2020 $5,493 $382,826 $90,075 $292,751
2019 $5,398 $375,320 $88,309 $287,011
2018 $5,295 $367,962 $86,578 $281,384
2017 $5,207 $360,748 $84,881 $275,867
2016 $5,059 $353,675 $83,217 $270,458
2015 $4,861 $348,365 $81,968 $266,397
2014 $4,801 $341,543 $80,363 $261,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21460093

California Desert Association of REALTORS®

APN: 504-380-018