$1,060,000
SOLD MAR 22, 2022
3 Beds
2 Baths
1,736 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$611 Per Sq Ft

8% Above List Price

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Furnished

About This Home

As of March 2022

Welcome to one of the most successful Airbnbs in Palm Springs! This property is a roadmap to success and the owner is willing to give you everything you need to succeed (transferable Airbnb profile, Instagram page and 50K of upcoming bookings). The swanky cool vibe of this successful rental is an homage to the Pink Panther motif and has all the components that keep it in demand: open concept interior with dream kitchen, easy pool access, backyard with fantastic mountain views, salt water pool with Baja tanning deck and huge party spa, fire pit, BBQ area and recently installed French Pentaque game (bocci) playground. The cul-de-sac location offers ultimate privacy and despite the volume of business there has never been a single complaint by neighbors. This short term rental generated nearly 170K in rental income this past year during the pandemic and that is without Coachella or Stagecoach. It has been rated in the top 15 vacation rental successes by The Business Insider. Recent improvements incl: new pentair pool system (gas heater and filtration system), Pentanque ball recreation area and improved front and rear landscaping with more desert plants and palm trees and ficus hedge in back. Seller is in the process of doubling the number of solar panels that will eliminate most of the electric charges. Current solar lease is $134/mo and will double once the second set is installed. Comes turn key furnished with a few exceptions. Everything has been thought out for you. All financials are available for review. Available March 9 for viewing. DO NOT DISTURB GUESTS. Available on March 9 for viewing. Offers reviewed on March 10.

Last Agent to Sell the Property

Adree Rojas

Desert Lifestyle Properties License #01945638 Listed on: 03/03/2022

Desert Lifestyle Properties

Last Buyer's Agent

Joshua Glaz

License #01856858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,415

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Gated Home
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture
  • Asphalt Roof

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Utility Room
  • Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Solar Power System
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 669-357-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,415

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One, Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: This is truly a rare opportunity for success. Call LA Adree Rojas 760-898-1520 BHGRE Leaskou Partners DRE #01945638, Verifiable income and future bookings can be transferred. Current owner has great experience and is will to help you succeed as well!
  • Builders Tract Code: 5010
  • Living Area: 1736
  • Lot Acreage: 0.2300
  • Stories: 1
  • Year Built: 1960
  • Builders Tract Name: Desert Highland Gateway
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Built-In Gas, Cooktop - Gas, Microwave
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Island
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Solar Panels, Refrigerator, Microwave, Washer
  • Inclusions: Turnkey furnished with very few exclusions. List of excluded items to follow.
  • Price Per S Q F T: 563.94

Exterior Features

  • Other Structures: Shed(s)
  • Pool Description: Gunite, In Ground, Heated And Filtered, Heated, Private
  • Pool: Yes
  • Roof: Asphalt
  • Spa: Gunite, Private, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Forced Air, Central
  • Security: Gated, Smoke Detector
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 669-357-022
  • Lot Size Area: 10019

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Ortiz Johana Marissa Chacon
Bought by
3530 N Eastgate Rd Llc
Total Days on Market
6
Current Estimated Value
$899,193

Purchase Details

Closed on
May 15, 2023
Sold by
Ortiz Gabriela Chacon
Bought by
Ortiz Johana Marissa Chac

Purchase Details

Closed on
Feb 7, 2023
Sold by
530 N Eastgate Rd Llc
Bought by
Ortiz Gabriela Chacon

Purchase Details

Listed on
Mar 3, 2022
Closed on
May 2, 2022
Sold by
Edonis Hasani
Bought by
3530 N Eastgate Rd Llc
Seller's Agent
Adree Rojas
Desert Lifestyle Properties
Buyer's Agent
Joshua Glaz
List Price
$979,000
Sold Price
$1,060,000
Premium/Discount to List
$81,000
8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.82%

Purchase Details

Listed on
Mar 3, 2022
Closed on
Mar 11, 2022
Sold by
Emmanuel Trentin
Bought by
Hasani Edonis
Seller's Agent
Adree Rojas
Desert Lifestyle Properties
Buyer's Agent
Joshua Glaz
List Price
$979,000
Sold Price
$1,060,000
Premium/Discount to List
$81,000
8.27%

Purchase Details

Listed on
Jun 18, 2019
Closed on
Sep 18, 2019
Sold by
Naeem Syeda
Bought by
Trentin Emmanuel
Seller's Agent
Sean Stanfield
Desert Sotheby's International Realty
Buyer's Agent
Adree Rojas
Desert Lifestyle Properties
List Price
$492,000
Sold Price
$470,000
Premium/Discount to List
-$22,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.75%
Original Mortgage
$399,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 30, 2017
Sold by
Rose Patrick E and Brock Joshua J
Bought by
Naeem Syeda
Seller's Agent
Timothy Benoit
Coldwell Banker Res Brokerage
Buyer's Agent
Timothy Benoit
Coldwell Banker Res Brokerage
List Price
$179,900
Sold Price
$177,200
Premium/Discount to List
-$2,700
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.77%
Original Mortgage
$124,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 16, 2016
Closed on
Aug 30, 2016
Sold by
Urena Bruce Alexander
Bought by
Rose Patrick E and Brock Joshua J
Seller's Agent
Timothy Benoit
Coldwell Banker Res Brokerage
Buyer's Agent
Timothy Benoit
Coldwell Banker Res Brokerage
List Price
$149,900
Sold Price
$132,000
Premium/Discount to List
-$17,900
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.25%
Original Mortgage
$118,800
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jul 11, 2012
Sold by
Wass Lawrence
Bought by
Urena Bruce Alexander
Seller's Agent
Brian DeDen
Brian DeDen, Broker
Buyer's Agent
Reina Flores
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.30%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Federal National Mortgage Association
Bought by
Wass Lawrence

Purchase Details

Closed on
Jul 30, 2009
Sold by
Ford Jackie
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Grant Deed -- Pacific Coast Title
Gift Deed -- Pacific Coast Title
Gift Deed -- Pacific Coast Title
Gift Deed -- Accommodation/Courtesy Recordi
Grant Deed $1,060,000 Chicago Title
Grant Deed $470,000 First American Title Company
Grant Deed $177,500 Equity Title Los Angeles
Grant Deed $132,000 Equity Title Company
Grant Deed $55,000 First American Title
Grant Deed $42,500 Lawyers Title Company
Trustee Deed $144,948 Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $965,000 New Conventional
Previous Owner $562,500 Commercial
Previous Owner $399,500 New Conventional
Previous Owner $210,000 Adjustable Rate Mortgage/ARM
Previous Owner $140,000 Credit Line Revolving
Previous Owner $124,000 Adjustable Rate Mortgage/ARM
Previous Owner $118,800 New Conventional
Previous Owner $510,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $53,404 Unknown
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $1,060,000 +8.3% $611 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $979,000 +108.3% $564 / Sq Ft
10/18/2019 10/18/19 Sold $470,000 -2.5% $269 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $482,000 -2.0% $275 / Sq Ft
06/18/2019 06/18/19 For Sale $492,000 +177.7% $281 / Sq Ft
09/08/2017 09/08/17 Sold $177,200 -1.5% $142 / Sq Ft
08/03/2017 08/03/17 For Sale $179,900 +36.3% $144 / Sq Ft
10/03/2016 10/03/16 Sold $132,000 -5.6% $106 / Sq Ft
08/02/2016 08/02/16 Price Changed $139,900 -6.7% $112 / Sq Ft
07/07/2016 07/07/16 For Sale $149,900 +13.6% $120 / Sq Ft
06/27/2016 06/27/16 Off Market $132,000 -- --
06/27/2016 06/27/16 For Sale $149,900 +13.6% $120 / Sq Ft
06/11/2016 06/11/16 Off Market $132,000 -- --
06/11/2016 06/11/16 For Sale $149,900 +13.6% $120 / Sq Ft
06/01/2016 06/01/16 Off Market $132,000 -- --
05/30/2016 05/30/16 For Sale $149,900 +13.6% $120 / Sq Ft
05/20/2016 05/20/16 Off Market $132,000 -- --
05/20/2016 05/20/16 For Sale $149,900 +13.6% $120 / Sq Ft
05/10/2016 05/10/16 Off Market $132,000 -- --
05/09/2016 05/09/16 For Sale $149,900 +13.6% $120 / Sq Ft
04/29/2016 04/29/16 Off Market $132,000 -- --
04/16/2016 04/16/16 For Sale $149,900 +172.5% $120 / Sq Ft
07/30/2012 07/30/12 Sold $55,000 -6.8% $44 / Sq Ft
05/21/2012 05/21/12 Price Changed $59,000 -1.7% $47 / Sq Ft
04/23/2012 04/23/12 For Sale $60,000 -- $48 / 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 $13,415 $1,060,000 $210,000 $850,000
2022 $6,522 $484,364 $139,125 $345,239
2021 $6,392 $474,868 $136,398 $338,470
2020 $6,109 $470,000 $135,000 $335,000
2019 $3,152 $231,743 $36,148 $195,595
2018 $2,473 $177,200 $35,440 $141,760
2017 $1,828 $132,000 $26,400 $105,600
2016 $1,271 $57,206 $11,439 $45,767
2015 $1,216 $56,349 $11,268 $45,081
2014 $1,310 $55,248 $11,049 $44,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-132065

The MLS

APN: 669-357-022