NOT LISTED FOR SALE

Estimated Value: $1,501,000 - $1,560,000

4 Beds
3 Baths
1,747 Sq Ft
$877/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $425,000 $243 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $9,617/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • No HOA
  • Palm Springs High School Rated A-
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of October 2018

Perfectly located in South Palm Springs. This 1258 Sq.Ft house is a 3 bedroom, 1.75 bath, Living room, and Kitchen with eating space, and it has a detached 765 Sq.Ft Casita with a Living room, Kitchen, dining room, one Bedroom & a 3/4 Bathroom (could be a rental or an Air B&B). Located only 5 minutes from downtown, it is close to shops and restaurants. This is a buyer's opportunity to provide some TLC, add their personal touch to have an affordable home in South Palm Springs. Enjoy the nice private backyard with mountain views. There is a very large Master Bedroom that opens to the backyard and two other nice sized bedrooms. The carport and 2nd driveway support parking for 3 cars. Already has solar, a new roof and new plumbing. A perfect opportunity to own an affordable single family home in South Palm Springs on Fee Land, all permitted no HOA, and where the rental terms for the home or casita are only governed by city regulations. This can be a fulltime residency with a full time rental, a vacation home or vacation rental or both. It’s your call.

Last Agent to Sell the Property

Michelle Lin

Smart Realty Group License #01926224 Listed on: 09/01/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,882

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Property is zoned R1C

Home Design

  • Mixed Roof Materials
  • Partial Copper Plumbing

Interior Spaces

  • 1,747 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Laminate Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 508311002

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,882

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Megan (TC)
  • Other Phone Number: 714-425-0436
  • Property Attached: No
  • Subdivision Name Other: Tahquitz Creek Villas (33509)
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 508311002
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1747.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Concrete
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 243.27
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Mixed
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Utilities - Overhead
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 448.05
  • Tax Lot: 3
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Muellerleile Michael and Muellerleile Linda
Bought by
Leone Cheryl W
Current Estimated Value
$1,531,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$454,998
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,030,774

Purchase Details

Listed on
Sep 1, 2018
Closed on
Sep 27, 2018
Sold by
Hoppe Sandra
Bought by
Muellerleile Michael and Muellerleile Linda
Seller's Agent
Michelle Lin
Smart Realty Group
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Hoppe Bill and Hoppe Sandra
Bought by
Hoppe Bill and Hoppe Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
2.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Macdonald R T
Bought by
Hoppe Bill and Hoppe Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2002
Sold by
Hoppe Bill and Hoppe Sandra
Bought by
Hoppe Bill and Hoppe Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 22, 2001
Sold by
Macdonald R T and Hoppe Bill
Bought by
Hoppe Bill and Hoppe Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.06%

Purchase Details

Closed on
May 25, 1999
Sold by
Macdonald R T
Bought by
Macdonald R T and Hoppe Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Macdonald R T
Bought by
Macdonald Robert T and Hoppe Bill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Leone Cheryl W $1,055,000 Fidelity Natl Ttl Orange Cnt
Leone Cheryl W -- Fidelity Natl Ttl Orange Cnt
Muellerleile Michael $425,000 Ticor Title
Hoppe Bill -- None Available
Hoppe Bill -- Equity Title
Hoppe Bill -- --
Hoppe Bill -- Southland Title Corporation
Macdonald R T -- Stewart Title Company
Macdonald Robert T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leone Cheryl W $510,400
Previous Owner Muellerleile Michael $467,600
Previous Owner Muellerleile Michael $255,000
Previous Owner Hoppe Bill $625,500
Previous Owner Hoppe Bill $469,342
Previous Owner Hoppe Bill $35,750
Previous Owner Hoppe Bill $50,000
Previous Owner Hoppe Bill $159,000
Previous Owner Hoppe Bill $47,018
Previous Owner Hoppe Bill $30,329
Previous Owner Hoppe Bill $100,000
Previous Owner Hoppe Bill $75,000
Previous Owner Macdonald R T $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $425,000 -7.4% $243 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $459,000 -8.0% $263 / Sq Ft
09/11/2018 09/11/18 For Sale $499,000 0.0% $286 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $499,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,882 $1,997,086 $286,844 $1,710,242
2023 $13,882 $1,097,622 $275,706 $821,916
2022 $14,164 $1,076,100 $270,300 $805,800
2021 $13,875 $1,055,000 $265,000 $790,000
2020 $5,655 $433,500 $122,400 $311,100
2019 $0 $425,000 $120,000 $305,000
2018 $1,391 $97,335 $24,333 $73,002
2017 $1,370 $95,427 $23,856 $71,571
2016 $1,334 $93,557 $23,389 $70,168
2015 $1,266 $92,154 $23,039 $69,115
2014 $1,232 $90,351 $22,589 $67,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18208904

California Regional Multiple Listing Service (CRMLS)

APN: 508-311-002