NOT LISTED FOR SALE

Estimated Value: $705,000 - $832,000

3 Beds
2 Baths
1,400 Sq Ft
$545/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $560,000 $400 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,781/month

27 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • 2 Car Attached Garage
  • Palm Springs High School Rated A-
  • Traditional Architecture
  • Two cooling system units

About This Home

As of November 2020

Take a look at this excellent value in Palm Springs! The oversized lot features a large back yard with private pool and spa and beautiful western mountain views. You OWN the land and there is no HOA, so short-term rentals are allowed per City regulations. The interior includes wall to wall tile flooring, a cozy gas fireplace and spacious bedrooms. This one is sure to go quickly, so schedule your private showing today!

Last Agent to Sell the Property

Steven Richitt

Keller Williams Luxury Homes License #02035358 Listed on: 09/19/2020

Keller Williams Luxury Homes

Co-Listed By

Tim Sarlund and Steven Richitt

Keller Williams Luxury Homes License #01894259

Last Buyer's Agent

C Nicholas Falconio

Engel & Völkers Palm Desert License #01351194

Engel & Völkers Palm Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1981

Lot Details

  • 0.29 Acre Lot
  • Home has North and South Exposure
  • Sprinkler System

Property Views

  • Mountain
  • Pool

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Location

  • Ground Level

Schools

  • Vista Del Monte Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Desert Park Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501363013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,494

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 375.00
  • Lp Sp Ratio: 1.0700
  • View Type: Mountain(s), Pool
  • Year Built: 1981
  • Co Listing Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Member Fax: (760) 259-2001
  • Co Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 322-9266
  • Listing I D: 219049932
  • Listing Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Office Address: 340-B N Camden Drive, Beverly Hills, CA 90210
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Desert Park Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: In Garage
  • Estimated Sq Ft: 1400.00

Exterior Features

  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gunite, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Covered
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Electric, Evaporative Cooling, Dual, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501363013
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2899
  • Lot Size: 12632.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Vista Del Monte
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Oct 9, 2020
Sold by
Ramanujam Chak
Bought by
Ramanujam Errln
Seller's Agent
Steven Richitt
Keller Williams Luxury Homes
Buyer's Agent
C Nicholas Falconio
Engel & Völkers Palm Desert
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%
Current Estimated Value
$762,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,819
Avg. Annual Appreciation
6.62%
Original Mortgage
$448,000
Outstanding Balance
$399,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,254

Purchase Details

Listed on
Sep 19, 2020
Closed on
Oct 5, 2020
Sold by
Thomas Anthony Lee
Bought by
Ramanujam Errin
Seller's Agent
Steven Richitt
Keller Williams Luxury Homes
Buyer's Agent
C Nicholas Falconio
Engel & Völkers Palm Desert
List Price
$525,000
Sold Price
$560,000
Premium/Discount to List
$35,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$399,565
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,254

Purchase Details

Closed on
Sep 20, 2010
Sold by
Thomas Anthony Lee
Bought by
Anthony Lee Thomas Living Trust

Purchase Details

Closed on
Jul 12, 2005
Sold by
Thomas Anthony L and Thomas Robert Lee
Bought by
Thomas Anthony Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 15, 2004
Sold by
Thomas Anthony Lee
Bought by
Thomas Anthony Lee

Purchase Details

Closed on
Sep 28, 2004
Sold by
Thomas Robert Lee
Bought by
Robert Lee Thomas Living Trust

Purchase Details

Closed on
May 25, 2004
Sold by
Brandt William E and Brandt Susan A
Bought by
Thomas Anthony L and Thomas Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1999
Sold by
Hooper Clarence C
Bought by
Kauffman Lynn E and Meyer Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1995
Sold by
Hooper Clarence C and Hooper Barbara C
Bought by
Hooper Clarence C and Hooper Barbara C
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
Ramanujam Errln -- Chicago Title Company
Thomas Anthony Lee -- Chicago Title Company
Ramanujam Errin $560,000 Chicago Title Company
Anthony Lee Thomas Living Trust -- None Available
Thomas Anthony Lee -- Lawyers Title Company
Thomas Anthony L -- Lawyers Title Co
Thomas Anthony Lee -- --
Robert Lee Thomas Living Trust -- --
Thomas Anthony L $305,000 First American Title Co
Kauffman Lynn E $132,500 First American Title Co
Hooper Clarence C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramanujam Errin $448,000
Previous Owner Thomas Anthony L $332,000
Previous Owner Thomas Anthony L $244,000
Previous Owner Brandt William E $198,750
Previous Owner Brandt William E $13,250
Previous Owner Brandt William E $23,000
Previous Owner Kauffman Lynn E $106,000
Closed Thomas Anthony L $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $560,000 +6.7% $400 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $525,000 -- $375 / 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 $7,494 $606,161 $54,121 $552,040
2023 $7,494 $582,624 $52,020 $530,604
2022 $7,644 $571,200 $51,000 $520,200
2021 $7,490 $560,000 $50,000 $510,000
2020 $5,108 $396,493 $79,291 $317,202
2019 $5,020 $388,720 $77,737 $310,983
2018 $4,926 $381,099 $76,213 $304,886
2017 $4,853 $373,627 $74,719 $298,908
2016 $3,928 $303,000 $61,000 $242,000
2015 $3,928 $312,000 $62,000 $250,000
2014 $3,445 $271,000 $54,000 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049932

California Desert Association of REALTORS®

APN: 501-363-013