NOT LISTED FOR SALE

Estimated Value: $852,000 - $1,145,447

3 Beds
2 Baths
1,659 Sq Ft
$601/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $1,158,300 $698 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,754/month

111 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Spanish Architecture

About This Home

As of June 2023

Welcome to the ultimate Palm Springs turn-key short-term rental investment, secondary home, or primary residence: a bright, 1970s Spanish-style home on a quiet cul-de-sac street in the desirable Los Compadres neighborhood of South Palm Springs with a huge 12,197 square foot lot. The neighborhood is well under the short-term rental cap and is eligible to be permitted. The lease is currently in the process of being extended to 2067! This beautiful property is located down the street from the Prescott Preserve for outdoor lovers. The home has been updated across the board with exquisite finishes and comes fully furnished with premium furniture and decor. The main living area boasts high vaulted ceilings, large windows and sliders, and a stunning fireplace with floating shelves. The new chevron floors add to the unique, mid-century modern feel of the home. The kitchen has been completely reimagined with waterfall quartzite countertops, two peninsulas with seating on either side, all new appliances, and a custom floor-to-ceiling pantry. Step outside and dive into your pool, relax in the hot tub, hang out on the brand-new deck, or pick fresh lemons and grapefruits from your mature trees. The backyard is an oasis full of different seating options to watch the sunset over the unobstructed San Jacinto mountains - no power lines in the way! You're surrounded by a newly designed desert landscape with a drip system. The en-suite primary and guest bathrooms have beautiful double vanities and newly tiled floors. The primary bedroom fits a king-sized bed and side tables and has a large walk-in closet. The two additional queen-sized bedrooms each have wall-to-wall closet space and ample light. The two-car garage has an incredible amount of built-ins for additional storage and a washer and dryer. The home is move-in ready, whether you're looking for your primary residence, vacation home, or AirBnb. Come see for yourself what this rare find has to offer

Last Agent to Sell the Property

Daniel Buchino Jr

Avenue 8 Inc. License #02181694 Listed on: 12/19/2022

Last Buyer's Agent

Patrick Martin

Sotheby's International Realty License #01306122

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned R1C

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Concrete Roof

Interior Spaces

  • 1,659 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laminate Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009-604-839

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,845

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 6490
  • Entry Location: Ground Level - no steps
  • Living Area: 1659
  • Lot Acreage: 0.2800
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1978
  • Builders Tract Name: Los Compadres
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood Laminate
  • Appliances: Cooktop - Electric, Microwave
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Alarm System, Range/Oven, Refrigerator, Ceiling Fan, Dishwasher, Dryer, Washer
  • Price Per S Q F T: 692.59
  • Windows: Plantation Shutters

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Fence: Block
  • Patio: Concrete Slab, Covered
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Concrete, Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water: Water District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 009-604-839
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Landscaped
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 12197

Rental Info

  • Furnished: Furnished
  • Land Lease Amount Per Year: 1595.00
  • Land Lease Expiration Year: 2042
  • Land Lease Type: Lease
  • Land Lease Expiration Date: 2042-12-01

MLS Schools

  • School District: Palm Springs Unified

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2023 06/08/23 Sold $1,158,300 +0.8% $698 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/01/2023 03/01/23 Price Changed $1,149,000 0.0% $693 / Sq Ft
03/01/2023 03/01/23 For Sale $1,149,000 -0.8% $693 / Sq Ft
02/26/2023 02/26/23 Off Market $1,158,300 -- --
02/13/2023 02/13/23 For Sale $1,199,000 +3.5% $723 / Sq Ft
02/10/2023 02/10/23 Off Market $1,158,300 -- --
12/19/2022 12/19/22 For Sale $1,199,000 +41.1% $723 / Sq Ft
07/12/2022 07/12/22 Sold $850,000 0.0% $512 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $850,000 -- $512 / 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 $3,845 $1,225,591 $393,271 $832,320
2023 $3,845 $865,000 $290,000 $575,000
2022 $3,845 $285,170 $63,570 $221,600
2021 $3,769 $279,579 $62,324 $217,255
2020 $3,605 $276,713 $61,685 $215,028
2019 $3,544 $271,288 $60,476 $210,812
2018 $3,479 $265,970 $59,291 $206,679
2017 $3,430 $260,756 $58,129 $202,627
2016 $3,332 $255,644 $56,990 $198,654
2015 $3,193 $251,806 $56,135 $195,671
2014 $3,143 $246,876 $55,037 $191,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-226093

The MLS

APN: 009-604-839