$365,000
SOLD FEB 23, 2023
1 Bed
1 Bath
512 Sq Ft
$645/mo HOA Fee

Recently Sold

$713 Per Sq Ft

9% Below List Price

31 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Updated Kitchen
  • Palm Springs High School Rated A-
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of March 2024

The year is 1964. The music is Bossa Nova + Jazz. The style is Mid-Century Modern Architecture, or International Style, characterized by clean lines, minimal ornamentation, flat roofs, floor-to-ceiling windows, integration of indoor-outdoor living, incorporating patios, terraces, and other outdoor living areas into the design. That describes the Class 1 Historic RACQUET CLUB COTTAGES WEST (RCCW) designed by Cody, built by Trousdale, and landscape design by Shipley + Trudgett. Secluded behind gates there are 37 cottages nestled among lush, mature landscaping, a palm-shaded stream w/ Mtn. views at every turn. This renovated unit (bath, appliances, counter, flooring, copper plumbing, AC, Louvered front screen door, electric, etc), DETACHED, one of a few, has one of the premium locations: SOUTH FACING, maximizing the amount of natural light during Winter, making it very bright, and INCREDIBLE Mountain Views. The attached patio w/ a beautiful ''brise soleil block wall'' faces East, perfect for morning coffee, dining al fresco, and lounging. 1 covered carport. The pool was recently restored to its 1960s design. MILLS ACT designated, reduced property tax (40%-50%). RCCW is a permanent fixture of the Modernism Week Palm Springs throughout the years, also been featured in several Architecture & Design books and magazines around the world. You OWN the land. HOA includes water, trash, roof, and ext. walls. No power lines. Near Uptown + Downtown, fine restaurants, shopping, bars, parks.

Last Listed By

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 01/20/2023

Keller Williams Luxury Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1964

Lot Details

  • Home fronts a stream
  • Property fronts a private road
  • End Unit
  • Southeast Facing Home
  • Brick Fence
  • Landscaped

HOA Fees

  • $645 Monthly HOA Fees

Property Views

  • Woods
  • Creek or Stream
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • 1 Fireplace
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Shower Only in Secondary Bathroom

Parking

  • 1 Car Parking Space
  • Detached Carport Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch

Location

  • Ground Level
  • Property is near a park

Schools

  • Katherine Finchy Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504131059

Community Details

Overview

  • Association fees include building & grounds, water, trash, maintenance paid
  • 37 Units
  • Built by Paul Trousdale
  • Racquet Club Garden Villas Subdivision
  • On-Site Maintenance
  • Community Lake

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,777

Year Built

Built in 1964

Lot Details

0

HOA Fees

$645 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces East
  • Levels: Ground Level, No Unit Above, Ground, One
  • Builder Name: Paul Trousdale
  • Building Style: Mid Century
  • Entry Floor: 101
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Fridge, Range, Dishwasher.
  • List Price per Sq Ft: 779.30
  • Lp Sp Ratio: 0.9100
  • Unit Total In Complex: 37
  • View Type: Creek/Stream, Trees/Woods, Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1964
  • Listing I D: 219089662
  • Listing Member Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Member Address: 0000, Palm Desert, CA 92260
  • Selling Office Address: 0000, Palm Desert, CA 92260
  • Selling Office Fax: (760) 471-1660
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club Garden Villas
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Flooring: Tile
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled, Shower Stall
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: Community
  • Estimated Sq Ft: 512.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Brick, Stucco, Combination
  • Roofing: Foam, Flat
  • Fencing: Brick
  • Patio: Brick - Tile, Concrete Slab, Covered
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes
  • Waterfront: Stream

Garage/Parking

  • Parking: Assigned, Covered, Guest, Detached Carport
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Card/Code Access, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric, Water Heater Unit

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Maintenance Paid
  • Association Amenities: Guest Parking, Pet Rules, Maintenance Grounds, Lake or Pond
  • HOA Information: Yes
  • HOA Fee 1: 645.00
  • Total Monthly Association Fees: 645.00
  • Unit Location: End Unit, Ground Floor

Lot Info

  • Assessor Parcel Number: 504131059
  • Lot Description: Landscaped, Utilities Underground
  • Lot Location: Park Nearby, Private Road
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Katherine Finchy
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • Other Schools: St. Theresa Catholic
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Feb 6, 2024
Sold by
Mayo Management Trust
Bought by
Hickok Andrew Stephen and Berglund Nicholas Shane
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Leonardo Montenegro
Keller Williams Realty
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Total Days on Market
31
Views
353
Current Estimated Value
$372,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,709
Avg. Annual Appreciation
0.58%
Original Mortgage
$296,000
Outstanding Balance
$292,192
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$80,517

Purchase Details

Closed on
Sep 28, 2023
Sold by
Mayo Management Trust
Bought by
Mayo Management Trust and Mayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2023
Sold by
Mayo Bryan E
Bought by
Mayo Management Trust and Mayo

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 18, 2023
Sold by
Toabe Marion R
Bought by
Mayo Bryan E
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%

Purchase Details

Closed on
Apr 21, 2021
Sold by
Bramwell Kathleen
Bought by
Toabe Marion R

Purchase Details

Closed on
Oct 2, 2008
Sold by
Countrywide Bank Fsb
Bought by
Toabe Marion R and Bramwell Kathleen

Purchase Details

Closed on
Jul 21, 2008
Sold by
Yanni Thomas W
Bought by
Countrywide Bank Fsb

Purchase Details

Closed on
Aug 19, 2005
Sold by
Porter Lloyd R and Howse Donald G
Bought by
Yanni Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 1998
Sold by
Gerth Robert S and Dimaggio Jack
Bought by
Porter Lloyd R and Howse Donald G
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $370,000 Wfg National Title Company Of
Grant Deed -- Equity Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $365,000 --
Quit Claim Deed -- None Available
Grant Deed $87,500 Landsafe Title
Trustee Deed $160,699 Landsafe Title
Grant Deed $180,000 Commonwealth Land Title Co
Grant Deed $25,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $296,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $171,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $370,000 -2.4% $723 / Sq Ft
12/02/2023 12/02/23 For Sale $379,000 +2.4% $740 / Sq Ft
11/29/2023 11/29/23 Off Market $370,000 -- --
11/18/2023 11/18/23 Price Changed $379,000 -4.1% $740 / Sq Ft
08/21/2023 08/21/23 For Sale $395,000 +8.2% $771 / Sq Ft
02/23/2023 02/23/23 Sold $365,000 -8.5% $713 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $399,000 -- $779 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $4,777 $201,628 $79,997 $121,631
2022 $2,803 $197,676 $78,429 $119,247
2021 $1,586 $103,605 $23,786 $79,819
2020 $1,524 $102,544 $23,543 $79,001
2019 $1,501 $100,534 $23,082 $77,452
2018 $1,477 $98,564 $22,631 $75,933
2017 $1,459 $96,633 $22,188 $74,445
2016 $1,414 $94,739 $21,753 $72,986
2015 $1,347 $93,318 $21,427 $71,891
2014 $1,314 $91,492 $21,008 $70,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219089662

Greater Palm Springs Multiple Listing Service

APN: 504-131-059