NOT LISTED FOR SALE

Estimated Value: $766,000 - $977,000

3 Beds
2 Baths
2,016 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $365,000 $181 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,999/month

114 Days on Market

About This Home

As of August 2016

Price Reduced by $81,000!!! Sellers Motivated. Welcome to sunny Palm Springs, CA! This home offers ideal south-facing private backyard, breathtaking mountain and is conveniently located to downtown Palm Springs in the Racquet Club West neighborhood. Enter the bright great room with vaulted ceilings, fireplace, custom built features throughout and neutral travertine flooring in the main living areas. Updated kitchen with cherry cabinetry, stone tile back splash, granite slab counters and stainless appliances. The morning room is the perfect place to enjoy your coffee while taking in the view of the pool terrific mountain views. Newly installed carpet in each of the spacious bedrooms. The master suite boasts a huge walk-in closet with dual vanities and designer lighting in the bathroom. The custom built pool and spa are enhanced by mature landscaping and stunning views of the mountains.

Last Agent to Sell the Property

Marc Lange

Equity Union License #01407481 Listed on: 02/28/2016

Equity Union

Co-Listed By

Carl Blea

AC Eagle Corporation License #01877329

Last Buyer's Agent

Scott Lyle

Compass License #00700215

Compass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2016
Closed on
Jul 20, 2016
Sold by
Esteban Gregory
Bought by
Esteban Elmer A
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Scott Lyle
Compass
List Price
$470,000
Sold Price
$365,000
Premium/Discount to List
-$105,000
-22.34%
Total Days on Market
114
Current Estimated Value
$859,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,880
Avg. Annual Appreciation
9.84%
Original Mortgage
$334,248
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 28, 2016
Closed on
Jul 12, 2016
Sold by
Esteban Elmer A
Bought by
Shtayyeh Siham
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Scott Lyle
Compass
List Price
$470,000
Sold Price
$365,000
Premium/Discount to List
-$105,000
-22.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,248
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2012
Sold by
Lohnes William T
Bought by
Esteban Elmer A

Purchase Details

Closed on
Jan 29, 2008
Sold by
Peterman Brad Merritt and Peterman Misayo
Bought by
Esteban Elmer A and Lohnes William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
5.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Farnsworth Rodney L
Bought by
Peterman Brad and Peterman Misayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,800
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2001
Sold by
Farnsworth Vera G and Farnsworth Rodney L
Bought by
Farnsworth Rodney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1997
Sold by
Margarita Norman
Bought by
Norman Christopher J
Source: Public Records

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Range of Values:

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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
Esteban Elmer A -- Lawyers Title
Shtayyeh Siham $365,000 Lawyers Title
Esteban Elmer A -- None Available
Esteban Elmer A $380,000 Southland Title
Peterman Brad $376,000 First American Title
Farnsworth Rodney L -- Chicago Title Co
Norman Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shtayyeh Siham $328,500
Closed Shtayyeh Siham $324,500
Closed Shtayyeh Siham $334,248
Previous Owner Esteban Elmer A $361,000
Previous Owner Peterman Brad $52,281
Previous Owner Peterman Brad $300,800
Previous Owner Farnsworth Rodney L $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $365,000 -8.3% $181 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/03/2016 06/03/16 Price Changed $398,000 -7.2% $197 / Sq Ft
03/27/2016 03/27/16 Price Changed $429,000 -8.7% $213 / Sq Ft
02/28/2016 02/28/16 For Sale $470,000 -- $233 / 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
2023 $5,232 $407,159 $122,147 $285,012
2022 $5,332 $399,176 $119,752 $279,424
2021 $5,225 $391,350 $117,404 $273,946
2020 $4,994 $387,339 $116,201 $271,138
2019 $4,908 $379,745 $113,923 $265,822
2018 $4,817 $372,300 $111,690 $260,610
2017 $4,745 $365,000 $109,500 $255,500
2016 $4,612 $351,245 $89,111 $262,134
2015 $4,424 $345,971 $87,773 $258,198
2014 $4,366 $339,196 $86,054 $253,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-100628PS

The MLS

APN: 504-113-011