NOT LISTED FOR SALE

Estimated Value: $477,000 - $682,025

1 Bed
2 Baths
1,072 Sq Ft
$700/mo HOA Fee

Last Sold March 15, 2022

Last sale price $700,000 $653 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,209/month

7 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 1 Fireplace
  • Palm Springs High School Rated A-
  • View of Trees or Woods
  • Living Room

About This Home

As of March 2022

Located in the original historic Racquet Club Cottages West home of the stars, designed by William Cody, built by Paul Trousdale, landscape by Phil Shipley + Dudley Trudgett, the 37 charming cottages are secluded by mature lush landscaping w/palm trees, stream + mountain views. The resort-like the complex includes an architecturally designed pool + spa that is one of the largest + unique pools in Palm Springs. RCCV has been featured on MODERNISM WEEK many years. This cottage is extremely desirable for the following reasons: South Facing making it very bright and sunny during the Winter months, incredible views of the Mtns, very secluded and yet, conveniently close to the pool/spa area, it has one of the largest SqFt in the complex making it very spacious, it has one of the largest private patios w/ incredible Mountain Views. The floor to ceiling glass, 3 oversized enclosed and connected private patios w/iconic mid-century brise soleil create THE ultimate indoor-outdoor Palm Springs living. Upgrades are bountiful: kitchen, stainless appliances, counters, cabinets, bathrooms, lighting and more. Enormous, resort-size community pool & spa. Modernism Week has featured this home + RCCW for tours multiple years. Incredible tax savings w/MILLS ACT due to Class One Historic District. You OWN the land. HOA includes water, trash, roof, ext. walls. Near Uptown, restaurants, shopping, bars, parks, more. Short Term Rentals allowed (minimum 14 days).

Last Agent to Sell the Property

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476 Listed on: 02/16/2022

Keller Williams Luxury Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1964

Lot Details

  • 1,742

HOA Fees

  • $700 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504131026

Community Details

Overview

  • Racquet Club Garden Villas Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1964

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, Ground, One
  • List Price per Sq Ft: 557.84
  • Lp Sp Ratio: 1.1700
  • View Type: Mountain(s), Trees/Woods
  • Year Built: 1964
  • Listing I D: 219074035
  • 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: Null Zip Code, CA
  • Selling Office Address: 1070 E Green Street A, Ste 100, Pasadena, CA 91106
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club Garden Villas
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1072.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 700.00
  • Total Monthly Association Fees: 700.00

Lot Info

  • Assessor Parcel Number: 504131026
  • Lot Size: 1742.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 9, 2022
Sold by
Bryan Mayo
Bought by
Mayo Management Trust
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$598,000
Sold Price
$700,000
Premium/Discount to List
$102,000
17.06%
Current Estimated Value
$620,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,994
Avg. Annual Appreciation
-3.44%

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 3, 2022
Sold by
Don And Karen Holert Ca Property Trust
Bought by
Mayo Bryan
Seller's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$598,000
Sold Price
$700,000
Premium/Discount to List
$102,000
17.06%

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 25, 2018
Sold by
Babincal Llc
Bought by
Holert Donald C and Hoiert Karen
Seller's Agent
Alex Dethier
The Paul Kaplan Group Inc
Buyer's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%

Purchase Details

Listed on
Jun 25, 2015
Closed on
Oct 16, 2015
Sold by
Cook Richard L and Macaluso Christopher
Bought by
Babincal Llc
Seller's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
Buyer's Agent
Robert Parham
HomeSmart Professionals
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Jul 14, 2010
Sold by
Garofolo Frank and Osborne Donald W
Bought by
Cook Richard L and Macaluso Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 2009
Sold by
Shaw Paul S and Varela Tate
Bought by
Garofolo Frank and Osborne Donald W

Purchase Details

Closed on
Jul 6, 2005
Sold by
Shaw Paul S
Bought by
Shaw Paul S and Varela Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2004
Sold by
Shaw Paul S and Varela Tate
Bought by
Shaw Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2004
Sold by
Vandijk Donald R
Bought by
Shaw Paul S and Varela Tate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2003
Sold by
Vandijk Don R and Vandijk Donald
Bought by
Vandijk Don R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2001
Sold by
Sterling Sheri E
Bought by
Vandijk Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2001
Sold by
Nailor M Jay and Nailor Mishell K
Bought by
Vandijk Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2000
Sold by
Bayless Bruce C and Bayless Kathleen
Bought by
Nailor M Jay and Nailor Mishell K
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
Mayo Management Trust -- Peshel Mary J
Mayo Bryan $700,000 Lawyers Title
Holert Donald C $440,000 Lawyers Title
Babincal Llc $370,000 Orange Coast Title
Cook Richard L $250,000 Lawyers Title
Garofolo Frank $232,000 Lawyers Title
Shaw Paul S -- Fidelity National Title Co
Shaw Paul S -- Fidelity National Title Co
Shaw Paul S -- --
Shaw Paul S $295,000 Chicago Title Co
Vandijk Don R -- Ticor Title
Vandijk Donald -- Chicago Title Co
Vandijk Donald $88,000 --
Nailor M Jay $72,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo Management Trust $279,000
Closed Mayo Management Trust $850,000
Previous Owner Cook Richard L $104,000
Previous Owner Cook Richard L $205,000
Previous Owner Shaw Paul S $236,000
Previous Owner Shaw Paul S $236,000
Previous Owner Vandijk Don R $80,000
Previous Owner Vandijk Donald $70,400
Closed Shaw Paul S $29,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $700,000 +17.1% $653 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $598,000 +35.9% $558 / Sq Ft
10/10/2018 10/10/18 Sold $440,000 0.0% $410 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $440,000 +18.9% $410 / Sq Ft
10/16/2015 10/16/15 Sold $370,000 -2.5% $345 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/13/2015 09/13/15 Price Changed $379,500 -3.9% $354 / Sq Ft
06/25/2015 06/25/15 For Sale $395,000 -- $368 / 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
2025 $1,884 $144,052 $40,000 $104,052
2023 $1,884 $157,685 $40,000 $117,685
2022 $2,586 $180,893 $40,000 $140,893
2021 $2,243 $154,463 $40,000 $114,463
2020 $1,973 $138,975 $40,000 $98,975
2019 $2,011 $390,814 $126,750 $264,064
2018 $1,877 $131,000 $30,000 $101,000
2017 $1,835 $127,000 $30,000 $97,000
2016 $1,692 $117,000 $30,000 $87,000
2015 $1,634 $116,883 $29,221 $87,662
2014 $3,395 $261,279 $78,383 $182,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219074035

Greater Palm Springs Multiple Listing Service

APN: 504-131-026