NOT LISTED FOR SALE

326 E Laurel Cir Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $875,585 - $1,004,000

3 Beds
2 Baths
1,225 Sq Ft
$761/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $550,000 $449 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,727/month

167 Days on Market

About This Home

As of December 2016

Successful vacation rental with a great income history. Updated and remodeled Alexander on one of the best streets in Racquet Club Estates. This mid-century modern has reversed the location for the kitchen and living room for a more livable floorplan. Great entertainment space with large sliding glass doors overlooking the outer dining and pool areas. Remodeled bathrooms. Concrete flooring. Low maintenance - drought friendly front yard, lush expansive back yard with pool and hot tub and lots of room for dogs and kids to play. 3 patios! Located at the end of a quiet cul-de-sac. Double paned windows and updated HVAC system. This home is the quintessential Palm Springs getaway for you to enjoy full-time, part-time or use as an income producing vacation rental. No rental restrictions, no HOA fees, you own the land. This is the best priced, ready to rent vacation rental property on the market today. The home next door has just sold and will be renovated and upgraded right away!

Last Agent to Sell the Property

Frank Alvarez

Berkshire Hathaway HomeServices California Properties License #00991580 Listed on: 05/07/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,877

Year Built

1959

Lot Details

0

Listing Details

  • Cross Street: STARR
  • Active Date: 2016-05-07
  • Full Bathroom: 2
  • Builder Name: ALEXANDER CONSTRUCTION CO
  • Building Size: 1225.0
  • Building Structure Style: Mid Century
  • Driving Directions: Racquet Club to Starr, head north to E Laurel Circle. Head to the end of the Cul-de-sac
  • Full Street Address: 326 E LAUREL CIR
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-12-08
  • Property Condition: Updated/Remodeled
  • Spa Construction: Above Ground
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Eating Areas: Breakfast Area, Dining Area
  • Appliances: Microwave, Range, Cooktop - Gas, Gas/Electric Range, Oven-Electric
  • Advertising Remarks: Frank Alvarez - Windermere Real Estate - Leaskou Partners 760-323-2272 Updated and remodeled Alexander on one of the best streets in Racquet Club Estates. This bona-fide mid-century modern classic Palmer Kreisel home has been a successful vacation rental
  • Total Bedrooms: 3
  • Builders Tract Code: 5140
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet
  • Laundry: Laundry in Carport, Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 12197
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Concrete Slab, Covered Porch
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 2
  • Total Parking Spaces: 2
  • Parking Features: Driveway
  • Parking Type: Carport Attached

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER AGENCY
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No
  • Association Name: Racquet Club Estate

Schools

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

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Joshua P Sassoon 2014 Trust
Bought by
Joshua P Sassoon And Christopher G Carrington
Current Estimated Value
$932,646

Purchase Details

Listed on
May 7, 2016
Closed on
Dec 1, 2016
Sold by
Carrington Christopher G and Sassoon Joshua P
Bought by
Carrington Christopher G and Sassoon Joshua P
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2016
Closed on
Nov 17, 2016
Sold by
Kembel Brad and Ferrareze Edmir J
Bought by
Carrington Christopher G and Sasson Joshua P
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Kembel Brad
Bought by
Kembel Brad and Ferrareze Edmir J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Mccallum James M
Bought by
Kembel Brad and Yasuda Maitreya

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
7.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 15, 2005
Sold by
Mccallum Marjane K
Bought by
Mccallum James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 13, 2002
Sold by
Mccallum James M
Bought by
Mccallum James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1995
Sold by
Mccallum Carol
Bought by
Mccallum James M
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
Joshua P Sassoon And Christopher G Carrington -- None Listed On Document
Carrington Christopher G -- Chicago Title
Carrington Christopher G $550,000 Chicago Title
Kembel Brad $325,000 None Available
Kembel Brad -- None Available
Kembel Brad $415,000 Southland Title Corporation
Mccallum James M -- Southland Title
Mccallum James M -- Stewart Title Co
Mccallum James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrington Christopher G $417,000
Previous Owner Kembel Brad $330,000
Previous Owner Kembel Brad $332,000
Previous Owner Mccallum James M $175,000
Previous Owner Mccallum James M $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $550,000 -2.7% $449 / Sq Ft
05/07/2016 05/07/16 For Sale $565,000 -- $461 / 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 $7,877 $638,318 $191,495 $446,823
2023 $7,877 $613,533 $184,060 $429,473
2022 $8,035 $601,503 $180,451 $421,052
2021 $7,874 $589,710 $176,913 $412,797
2020 $7,521 $583,664 $175,099 $408,565
2019 $7,392 $572,220 $171,666 $400,554
2018 $7,255 $561,000 $168,300 $392,700
2017 $7,148 $550,000 $165,000 $385,000
2016 $6,691 $519,126 $143,759 $375,367
2015 $6,426 $511,330 $141,600 $369,730
2014 $5,135 $402,000 $100,000 $302,000
Source: Public Records

Agents Affiliated with this Home

  • Frank Alvarez

    Seller's Agent in 2016

    Frank Alvarez

    Berkshire Hathaway HomeServices California Properties

    (760) 323-2272

    49 Total Sales

    Frank Alvarez
    Section Image

  • N

    Buyer's Agent in 2016

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: The MLS

MLS Number: 16-122882PS

The MLS

APN: 501-051-014

California Riverside County Palm Springs 92262 Racquet Club Estates

326 E Laurel Cir, Palm Springs, CA

This home is located at 326 E Laurel Cir, Palm Springs, CA 92262 since 07 May 2016 and is currently estimated at $932,646, approximately $761 per square foot. This property was built in 1959. 326 E Laurel Cir is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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