NOT LISTED FOR SALE

Estimated Value: $888,455 - $962,000

2 Beds
2 Baths
1,672 Sq Ft
$547/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $869,000 $520 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,766/month

13 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Private Lot
  • Palm Springs High School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Victoria Park

About This Home

As of May 2023

Welcome to your dream home located in the Racquet Club Estates of Palm Springs! This stunning property boasts a spacious 1672 sqft floor plan with 2 bedrooms, 2 bathrooms, and a bonus office space, providing plenty of room for all your needs.As you enter the courtyard, you'll be greeted with a serene and inviting atmosphere, setting the tone for the rest of the home. The modern layout and clean finishes throughout create a fresh and contemporary feel, perfect for anyone looking for a stylish and comfortable living space.Enjoy the stunning mountain views while relaxing in your very own pool and spa, surrounded by mature desert landscaping that adds privacy and a touch of nature to the space. Plus, with the added benefit of being on fee simple land and with no HOA fees, you'll have the peace of mind and flexibility to make this home truly your own.Don't miss out on the opportunity to make this Palm Springs gem your own! Contact us today to schedule a showing and experience the beauty and tranquility of this exquisite property.

Last Agent to Sell the Property

Mario Perez

Re/Max Desert Properties License #01230040 Listed on: 03/31/2023

Re/Max Desert Properties

Last Buyer's Agent

Jea Mosher

Initiate Realty Inc. License #02181687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,046

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Block Wall Fence
  • Landscaped
  • Private Lot
  • Sprinkler System
  • Front Yard

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501590001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,046

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Modern
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 532.30
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 2001
  • Listing I D: 219092991
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Member Address: 2350 N. Los Alamos Road, Palm Springs, CA 92262
  • Selling Office Address: 2350 N. Los Alamos Road, Palm Springs, CA 92262
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Tile
  • Bedroom Features: All Bedrooms Up, Walk In Closet, Primary Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo
  • Kitchen Features: Island
  • Estimated Sq Ft: 1672.00

Exterior Features

  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Security: Security System Owned
  • Sewer: Unknown

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501590001
  • Irrigation: Sprinkler System
  • Lot Description: Fenced, Private, Landscaped, Front Yard
  • Lot Size: 11326.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 15, 2023
Sold by
Negron Steven K and Negron Frank R
Bought by
Mathiasen Lauge
Seller's Agent
Mario Perez
Re/Max Desert Properties
Buyer's Agent
Jea Mosher
Initiate Realty Inc.
List Price
$890,000
Sold Price
$869,000
Premium/Discount to List
-$21,000
-2.36%
Views
59
Current Estimated Value
$913,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,864
Avg. Annual Appreciation
2.15%
Original Mortgage
$619,000
Outstanding Balance
$601,567
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$312,297

Purchase Details

Listed on
Sep 2, 2015
Closed on
Dec 14, 2015
Sold by
Thorpe Michael J
Bought by
Fiacco Michael Patrick
Seller's Agent
Mark Gutkowski
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Fiacco Michael Patrick
Bought by
Negron Steven K and Killen Frank R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Ortega Paul David and Dixon David Lester
Bought by
Fiacco Michael Patrick

Purchase Details

Closed on
Sep 7, 2001
Sold by
Ortega Paul David
Bought by
Ortega Paul David and Dixon David Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2001
Sold by
Joice Llc
Bought by
Ortega Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Ehrler Walter & H Joan Trustees and Ehrler Family Living
Bought by
Joice Llc

Purchase Details

Closed on
Feb 2, 1999
Sold by
Cox Robert J
Bought by
The Ehrler Family Living Trust

Purchase Details

Closed on
Mar 15, 1996
Sold by
Cox Robert J
Bought by
Cox 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
$25,000
Interest Rate
6.98%
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
Mathiasen Lauge $869,000 Lawyers Title
Fiacco Michael Patrick -- Lawyers Title
Negron Steven K $525,000 Lawyers Title
Fiacco Michael Patrick $357,500 Ticor Title Company
Ortega Paul David -- First American Title Co
Ortega Paul D $335,000 First American Title Co
Joice Llc $97,500 Lawyers Title Company
The Ehrler Family Living Trust $26,208 Fidelity National Title
Cox Robert J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathiasen Lauge $619,000
Previous Owner Negron Steven K $264,000
Previous Owner Ortega Paul D $268,000
Previous Owner Cox Robert J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $869,000 -2.4% $520 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $890,000 +69.5% $532 / Sq Ft
01/22/2016 01/22/16 Sold $525,000 -2.8% $314 / Sq Ft
09/02/2015 09/02/15 For Sale $539,900 +51.0% $323 / Sq Ft
07/30/2013 07/30/13 Sold $357,500 -8.1% $214 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
01/14/2013 01/14/13 Price Changed $389,000 -20.4% $233 / Sq Ft
10/31/2011 10/31/11 For Sale $489,000 -- $292 / 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 $11,046 $904,106 $271,233 $632,873
2023 $11,046 $597,355 $179,204 $418,151
2022 $7,740 $585,643 $175,691 $409,952
2021 $7,583 $574,161 $172,247 $401,914
2020 $7,243 $568,274 $170,481 $397,793
2019 $7,117 $557,133 $167,139 $389,994
2018 $6,983 $546,210 $163,863 $382,347
2017 $6,966 $535,500 $160,650 $374,850
2016 $4,760 $370,200 $110,800 $259,400
2015 $4,565 $364,641 $109,137 $255,504
2014 $4,521 $357,500 $107,000 $250,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219092991

California Desert Association of REALTORS®

APN: 501-590-001