NOT LISTED FOR SALE

297 N Monterey Rd Palm Springs, CA 92262

Estimated Value: $1,046,678 - $1,207,000

3 Beds
2 Baths
1,278 Sq Ft
$896/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $1,150,000 $900 Per Sq Ft

Current estimated payment $6,943/month

28 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Corner Lot
  • Palm Springs High School Rated A-
  • Mountain View
  • Quartz Countertops

About This Home

As of April 2024

Stunning Mid-Century gem by Alexander Construction Company, masterfully designed by William Krisel and Dan Palmer, located in the coveted Sunrise Park neighborhood. This iconic 3-bedroom, 2-bathroom home sits on a generous corner lot, offering a perfect blend of vintage charm and contemporary luxury. Experience the allure of Mid-Century design with clean lines, open spaces, and an abundance of natural light, capturing the essence of indoor-outdoor living. Take advantage of the short-term rental potential, making this property an ideal investment or vacation home. Enjoy the timeless elegance of Terrazzo tile flooring throughout. The kitchen is a chef's dream with quartz countertops, new cabinets, top-of-the-line appliances, and a wine fridge. Step into your brand new backyard oasis with West-facing mountain views, a built-in BBQ, outdoor fire pit, and a pergola, creating the perfect setting for entertaining or relaxing. The pebble-tec pool and spa are surrounded by lush landscaping and multiple fruit trees featuring Meyers lemon and Mandarin oranges. The property has undergone extensive enhancements, including new windows and sliders, ensuring energy efficiency and a seamless connection to the outdoors. Enjoy the tranquility of birds singing and the peaceful ambiance of the Zen-inspired landscaping. Modern upgrades and conveniences include a new AC unit, pool heater, tankless water heater, and plumbing fixtures, providing comfort and efficiency. Just 5 minutes from Downtown, the home offers easy access to shops, restaurants, and cultural attractions. Electric gates provide secure, covered parking, and RV parking ability adds to the property's versatility. The home offers the potential for a 4th bedroom if desired, accommodating various lifestyle needs. The property can be sold furnished, allowing for a seamless transition into this meticulously renovated and thoughtfully designed Mid-Century masterpiece. Experience the epitome of desert living with this exceptional property and embrace the beauty of this Mid-Century oasis in the heart of Palm Springs!

Last Agent to Sell the Property

Sarah & James Pearce & Associates

Coldwell Banker Realty License #02111942 Listed on: 02/22/2024

Coldwell Banker Realty

Co-Listed By

James Pearce

Coldwell Banker Realty License #02121381

Last Buyer's Agent

Reagan Richter

Compass License #02031224

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,989

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Landscaped
  • Corner Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned R1C

Parking

  • 2 Car Garage
  • 2 Attached Carport Spaces
  • Garage Door Opener
  • Driveway
  • RV Potential

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Enclosed Patio or Porch
  • Fire Pit
  • Built-In Barbecue

Utilities

  • Forced Air Heating System
  • Property is located within a water district

Community Details

  • No Home Owners Association
  • Built by Alexander Construction Company

Listing and Financial Details

  • Assessor Parcel Number 502-091-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,989

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Builder Name: Alexander Construction Company
  • Builders Tract Code: 5830
  • Exclusions: See Seller Exclusion List.
  • Living Area: 1278
  • Lot Acreage: 0.2400
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1958
  • Builders Tract Name: Sunrise Park
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room
  • Flooring: Terrazzo, Tile
  • Appliances: Built-In BBQ, Oven, Cooktop - Gas, Microwave
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: Laundry Area, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Freezer, Range/Oven, Refrigerator, Barbeque, Built-Ins, Hood Fan, Ceiling Fan, Washer, Dishwasher, Dryer, Microwave, Water Line to Refrigerator
  • Inclusions: Furnishings negotiable outside of escrow.
  • Price Per S Q F T: 935.05

Exterior Features

  • Other Features: Barbecue Private
  • Other Structures: None
  • Patio: Enclosed
  • Pool Description: In Ground, Waterfall, Private
  • Pool: Yes
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private, Driveway, RV Possible, Carport, Carport Attached, Door Opener
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central, Forced Air, Fireplace
  • Sewer: In Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 502-091-001
  • Lot Description: Landscaped, Back Yard, Lawn, Yard, Front Yard, Fenced Yard, Fenced
  • Lot Location: Park Nearby, Patio Home, Corner Lot
  • Lot Size Area: 10454

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 9, 2024
Sold by
Mitchell Family Trust and Mitchell Michael David
Bought by
Simrell Timothy M and Watters Roy L
Seller's Agent
Sarah & James Pearce & Associates
Coldwell Banker Realty
Buyer's Agent
Reagan Richter
Compass
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Views
66
Current Estimated Value
$1,145,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,330
Avg. Annual Appreciation
-0.27%
Original Mortgage
$488,000
Outstanding Balance
$481,676
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$663,994

Purchase Details

Closed on
Apr 5, 2022
Sold by
Mitchell Sr Michael D and Mitchell Denise J
Bought by
Mitchell Family Trust

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 27, 2019
Sold by
Anderson Richard N and Anderson Janet L
Bought by
Mitchell Michael D and Mitchell Denise J
Seller's Agent
Bonnie Englund
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bonnie Englund
Berkshire Hathaway HomeServices California Properties
List Price
$755,000
Sold Price
$669,000
Premium/Discount to List
-$86,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Macias Jim B and Macias Carol J
Bought by
Anderson Richard N and Anderson Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Simrell Timothy M $1,150,000 Lawyers Title
Mitchell Family Trust -- None Listed On Document
Mitchell Michael D $669,000 First American Title Company
Anderson Richard N $450,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simrell Timothy M $488,000
Previous Owner Anderson Janet L $100,447
Previous Owner Anderson Richard N $336,000
Previous Owner Anderson Richard N $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,150,000 -3.8% $900 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $1,195,000 +3.9% $935 / Sq Ft
02/18/2024 02/18/24 Off Market $1,150,000 -- --
09/06/2019 09/06/19 Sold $669,000 -4.3% $523 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $699,000 -5.4% $547 / Sq Ft
06/03/2019 06/03/19 Price Changed $739,000 -2.1% $578 / Sq Ft
05/04/2019 05/04/19 For Sale $755,000 0.0% $591 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $755,000 -- $591 / Sq Ft
Source: The MLS

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 $8,989 $1,173,000 $382,500 $790,500
2023 $8,989 $703,235 $94,605 $608,630
2022 $9,170 $689,447 $92,750 $596,697
2021 $8,985 $675,930 $90,932 $584,998
2020 $8,581 $669,000 $90,000 $579,000
2019 $6,701 $516,820 $155,044 $361,776
2018 $6,577 $506,687 $152,005 $354,682
2017 $6,481 $496,753 $149,025 $347,728
2016 $5,413 $416,000 $125,000 $291,000
2015 $5,271 $416,000 $125,000 $291,000
2014 $4,889 $382,000 $115,000 $267,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-353059

The MLS

APN: 502-091-001