NOT LISTED FOR SALE

Estimated Value: $941,000 - $1,008,000

3 Beds
2 Baths
1,225 Sq Ft
$791/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $655,000 $535 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,079/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Furnished
  • Palm Springs High School Rated A-
  • Mountain View
  • 5-minute walk to Victoria Park

About This Home

As of February 2018

"The Alan Freed House" - 1959 Alexander is located in the reputable Racquet Club Estates! This mid-century gem is already a SUCCESSFUL VACATION RENTAL!!! Offered FURNISHED and tenants already booked for it's new owners from January 26th to the end of March! What a great investment opportunity to walk into! Within the last 5 years this refurbished Krisel has been re-piped from the curb, had a new roof installed, new HVAC, new hardscape and new landscape. Kitchen and bathrooms have been completely updated. The pool has been re-plastered and most recently all windows and doors have been replaced and upgraded to Milgard. Will only be able to show property the first week due to tenants moving in... so ACT QUICKLY! Rent roll to be provided upon request. "Lets Rock-n-Roll!!!" - Alan Freed

Last Agent to Sell the Property

Tyson Hawley

KUD Properties, Inc. License #01995154 Listed on: 01/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,152

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room
  • Mountain Views
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Attached Carport

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501061023

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,152

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Style: Mid Century
  • List Price per Sq Ft: 542.45
  • Lp Sp Ratio: 0.9857
  • View Type: Mountain(s)
  • Year Built: 1959
  • Listing I D: 18305030
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace Features: Gas
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: In Closet
  • Estimated Sq Ft: 1225.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private, In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage Description: Attached
  • Parking: Attached Carport

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Natural Gas

Lot Info

  • Assessor Parcel Number: 501061023
  • Lot Acres: 0.2300
  • Lot Size: 10019.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Jan 22, 2018
Sold by
Rush Allison B
Bought by
Evans Joshua D and Quinn Lauren A
Seller's Agent
Tyson Hawley
KUD Properties, Inc.
List Price
$658,000
Sold Price
$655,000
Premium/Discount to List
-$3,000
-0.46%
Current Estimated Value
$970,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,919
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Nov 19, 2014
Sold by
Palm Desert Capital Llc
Bought by
Rush Allison B

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
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2014
Sold by
Daley Marc A
Bought by
Palm Desert Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.18%
Mortgage Type
Credit Line Revolving
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
Evans Joshua D $655,000 Ticor Title Company Of Calif
Rush Allison B $520,000 None Available
Palm Desert Capital Llc $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Joshua D $440,000
Previous Owner Rush Allison B $340,000
Previous Owner Palm Desert Capital Llc $265,000
Previous Owner Daley Marc A $175,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $655,000 -0.5% $535 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $658,000 -- $537 / 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 $9,152 $745,272 $224,149 $521,123
2023 $9,152 $716,334 $215,446 $500,888
2022 $9,337 $702,289 $211,222 $491,067
2021 $9,148 $688,520 $207,081 $481,439
2020 $8,737 $681,461 $204,958 $476,503
2019 $8,586 $668,100 $200,940 $467,160
2018 $7,108 $549,256 $164,776 $384,480
2017 $7,004 $538,488 $161,546 $376,942
2016 $6,800 $527,930 $158,379 $369,551
2015 $6,531 $520,000 $156,000 $364,000
2014 -- $121,332 $32,586 $88,746
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 18305030

California Desert Association of REALTORS®

APN: 501-061-023