NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,008,737

2 Beds
2 Baths
1,108 Sq Ft
$878/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $575,000 $519 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,099/month

7 Days on Market

About This Home

As of April 2019

Captivating 1938 Palm Springs Spanish with the elegance and charm of an Architectural Digest magazine's beautiful home. This is perhaps one of the most charming homes in Palm Springs. Single Family Home, with 2 Bedrooms, 2 Baths, Renovated kitchen, baths, pool & spa, landscape, more. Pristine tongue and groove beamed ceilings, Saltillo pavers throughout, custom paint tones, Chef's kitchen with commercial grade appliances, and updated. Enjoy the explosive mountain views from the rooftop viewing deck or from the Pebbletec pool and spa. Parking for 2 cars, (one carport). Just a short bike ride to Uptown Design District and Downtown Palm Springs. Close to fine restaurants, cafes, Galleries and Museums, Casino, I-10 and shopping. You OWN the land. It could be a fantastic Income Property.

Last Agent to Sell the Property

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 03/26/2019

Keller Williams Luxury Homes

Last Buyer's Agent

Leonardo Montenegro

License #01413476

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,301

Year Built

1938

Lot Details

0

Listing Details

  • Active Date: 2019-03-26
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 1108.0
  • Building Structure Style: Spanish
  • Driving Directions: Racquet Club to Zanjero head North. Zanjero turns into Cortez Rd. House is on the right.
  • Full Street Address: 280 W CORTEZ RD
  • Lot Size Acres: 0.2
  • Lot Dimension Description: A.0.2000
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2019-04-30
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1938

Interior Features

  • Bathroom Features: Double Vanity(s), Remodeled, Shower and Tub, Shower Stall
  • Bedroom Features: All Bedrooms Down, Ground Floor Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite
  • Eating Areas: Dining Area
  • Appliances: Microwave, Range, Free Standing Gas, Gas, Oven
  • Advertising Remarks: Captivating 1938 Palm Springs Spanish with the elegance and charm of an Architectural Digest magazine's beautiful home. This is perhaps one of the most charming homes in Palm Springs. Single Family Home, with 2 Bedrooms, 2 Baths, Renovated kitchen, baths
  • Total Bedrooms: 2
  • Builders Tract Code: 5160
  • Builders Tract Name: RACQUET CLUB WEST
  • Fireplace: Yes
  • Levels: Ground Level, One Level
  • Interior Amenities: Beamed Ceiling(s)
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Refrigerator, Washer
  • Fireplace Features: Fire Pit
  • Fireplace Fuel: Gas
  • Kitchen Features: Counter Top, Remodeled
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 8712
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Other Spaces: 1
  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Spaces Total: 2
  • Parking Type: Garage Is Attached, Carport

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Isbel Michael T
Bought by
Alexander Beaux Shane and The Beaux Alexander Trust
Current Estimated Value
$972,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Outstanding Balance
$533,125
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$439,559

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 23, 2019
Sold by
Walsh Amy K and Weiss Kelly
Bought by
Isbell Michael T
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
Buyer's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$574,999
Sold Price
$575,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$460,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2018
Sold by
Walsh Amy K
Bought by
Walsh Amy K and Weiss Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Kyle Robert
Bought by
Andersson Kyle Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Weiss Kelly A
Bought by
Walsh Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
Devito Nicholas J and Abe Theresa L
Bought by
Kyle Eva Andersson and Brisebois Rene

Purchase Details

Closed on
Dec 23, 2004
Sold by
Devito Nicholas J
Bought by
Devito Nicholas J and Abe Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 22, 2004
Sold by
Lockhart Joanne
Bought by
Devito Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2004
Sold by
Lockhart Dennis
Bought by
Lockhart Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Li Pamela
Bought by
Lockhart Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Kramer Marilyn E
Bought by
Li Pamela and Simpson Gwendolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.77%

Purchase Details

Closed on
Oct 27, 1993
Sold by
Cabanas Cesar
Bought by
Kramer Marilyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
6.88%
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
Alexander Beaux Shane $855,000 Wfg National Title Company
Isbell Michael T $575,000 Orange Coast Title
Walsh Amy K -- Wfg National Title Company
Andersson Kyle Eva -- Western Resources Title Co
Walsh Amy K -- Western Resources Title Co
Walsh Amy K $280,000 Western Resources Title Co
Kyle Eva Andersson $235,000 Fidelity National Title
Devito Nicholas J $100,000 --
Devito Nicholas $355,000 Commonwealth Title
Lockhart Joanne -- Chicago Title Co
Lockhart Joanne $305,000 Chicago Title Co
Li Pamela $124,000 Benefit Land Title
Kramer Marilyn E -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Beaux Shane $598,500
Previous Owner Isbell Michael T $460,000
Previous Owner Walsh Amy K $337,000
Previous Owner Walsh Amy K $249,000
Previous Owner Devito Nicholas $130,000
Previous Owner Lockhart Joanne $274,500
Previous Owner Li Pamela $111,500
Previous Owner Kramer Marilyn E $65,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $575,000 0.0% $519 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $574,999 -- $519 / Sq Ft
Source: Palm Springs Regional 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 $11,301 $925,477 $278,183 $647,294
2023 $11,301 $889,541 $267,382 $622,159
2022 $11,530 $872,100 $262,140 $609,960
2021 $8,169 $612,575 $77,292 $535,283
2020 $7,557 $586,500 $76,500 $510,000
2019 $4,271 $321,569 $96,467 $225,102
2018 $4,193 $315,265 $94,577 $220,688
2017 $4,132 $309,084 $92,723 $216,361
2016 $3,581 $268,000 $80,000 $188,000
2015 $3,480 $268,000 $80,000 $188,000
2014 $3,126 $238,000 $71,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-446802PS

APN: 504-132-011