NOT LISTED FOR SALE

Estimated Value: $420,000 - $674,000

1 Bed
1.5 Baths
1,072 Sq Ft
$699/mo HOA Fee

Last Sold March 11, 2022

Last sale price $645,000 $602 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,923/month

5 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • End Unit

About This Home

As of March 2022

Easy as 1-2-3, Unit 123 is a mid-century gem located within the Class 1 Historic Racquet Club Cottages West Historic District. Concepted by Paul Trousdale, one of the most influential mid-century developers in Southern California, the Racquet Club Cottages West was completed in 1960 and designed by William F. Cody. Cody's projects helped define the emerging West Coast lifestyle that combined glamour, leisure, simplicity, and experimental design.As you enter the property, you're never far from the lush landscape designed by Phil Shipley and Dudley Trudgett. Wander the meandering pathways through the grounds filled with palm trees, a babbling brook, and the San Jacinto Mountains as a backdrop. Over the last few years the homeowner's association has been on a campaign to replace and restore many aspects of this historic property that was once comprised of hotel bungalow rooms to the stars that spent time at the Racquet Club Hotel next door. Projects include taking on a full pool restoration, bringing it back to the original 1960's design, and watermain infrastructure upgrades to all units. Unit No. 123 is situated on the quiet side of the complex, abutting one of only two shared courtyards across the property. This finely appointed, 1-bedroom, post-and-beam cottage features beautiful floor to ceiling windows that invite the outside in. The interior has been thoughtfully redesigned by Luis Ortega Interiors and features fine details throughout. A large main bedroom has it's own full bathroom and patio. An office nook that features views to a second private patio is adjacent to a half-bath. The expansive open living room has access to two patios and boasts pastoral, peek-a-boo mountain views. The kitchen is well-appointed with both Kitchen Aid and Gaggenau appliances. The current owners have updated the two air-conditioners, a tankless water heater, installed a three-stage water filtration system, and rewired both main and sub electrical panels. Take advantage of in-unit washer/dryer systems, and a custom Room and Board vanity in the primary bath.Unit is Mills Act designated with a non-deeded covered parking spot. Most furnishings can be purchased outside of escrow.

Last Agent to Sell the Property

Christopher Bale

Equity Union License #01920366 Listed on: 02/14/2022

Last Buyer's Agent

Matthew Tapscott

Expoint Realty License #01803972

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • North Facing Home
  • Gated Home
  • Landscaped
  • Lawn

HOA Fees

  • $699 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Custom Window Coverings
  • Sliding Doors
  • Dining Area
  • Den
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Water Conditioner

Listing and Financial Details

  • Assessor Parcel Number 504-131-027

Community Details

Overview

  • Association fees include water and sewer paid, trash
  • 37 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Community Mailbox
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1964

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Unit 123 is a mid-century gem within the Class 1 Historic Racquet Club Cottages West Historic District. Paul Trousdale developed the Complex, in 1960, and William F. Cody designed the complex. The lush landscape designed by Phil Shipley and Dudley Trudgett features a babbling brook, and the San Jacinto Mountains as a backdrop. The homeowner's association has been on a campaign to replace and restore many aspects of this historic property including full pool restoration to the original 1960's design, and watermain infrastructure upgrades to all units. The unit is situated on the quiet side of the complex, abutting one of only two shared courtyards across the property. This finely appointed, 1-bedroom, post-and-beam cottage features beautiful floor to ceiling windows that invite the outside in. The sparse interior was redesigned by Luis Ortega Interiors. The bedroom has it's own full bathroom and patio. An office nook that features views to a second private patio is adjacent to a half-bath. The expansive open living room has access to two patios, with mountain view s. The kitchen features Gaggenau and Kitchen Aid appliances. There are 2 updated AC units, tankless H2O heater, Water filtration, an in unit W/D. The property is Mills Act designated.
  • Builders Tract Code: 5150
  • Complex Name: Racquet Club Cottages West
  • Entry Floor: 1
  • Living Area: 1072
  • Lot Acreage: 0.0500
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1964
  • Builders Tract Name: Racquet Club Garden Villas
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dryer, Electric Dryer Hookup, Water Filter, Water Conditioner, Washer, Refrigerator, Range/Oven, Hood Fan
  • Price Per S Q F T: 555.04
  • Windows: Custom Window Covering

Exterior Features

  • Direction Faces: North
  • Other Features: Sliding Glass Doors, End Unit
  • Foundation Details: Slab
  • Patio: Concrete Slab, Enclosed, Porch - Front, Porch - Rear
  • Pool Description: Association Pool, Heated And Filtered, Community
  • Pool: Yes
  • Roof: Foam
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Carport, Covered Parking
  • Total Parking: 1

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Multi/Zone
  • Earth Quake Ins: 0
  • Heating: Forced Air, Heat Pump
  • Security: Gated
  • Sewer: In Connected and Paid
  • Water: Public, Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Gated Community, Pool, Spa
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid, Trash
  • HOA Fees: 699.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 504-131-027
  • Lot Description: Landscaped, Lawn, Gated Community, Utilities Underground
  • Lot Size Area: 2178

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 3, 2022
Sold by
White/Evans Living Trust
Bought by
Woodbury Ian and Sportun Anne
Seller's Agent
Christopher Bale
Equity Union
Buyer's Agent
Matthew Tapscott
Expoint Realty
List Price
$595,000
Sold Price
$645,000
Premium/Discount to List
$50,000
8.4%
Current Estimated Value
$578,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,490
Avg. Annual Appreciation
-3.00%

Purchase Details

Closed on
Feb 25, 2020
Sold by
White Marcus C and Evans Jason M
Bought by
Evans Jason M and White Marcus C

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 4, 2017
Sold by
Lamberger Edward L
Bought by
White Marcus C and White Jason M
Seller's Agent
Skip Parsons
Bennion Deville Homes
Buyer's Agent
Marcus Miceli
Initiate Realty Inc.
List Price
$370,000
Sold Price
$367,500
Premium/Discount to List
-$2,500
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$294,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 11, 2013
Sold by
Warhit Peter A and Thoma Mark A
Bought by
Lamberger Edward L
Seller's Agent
Robert Kalin
Keller Williams Luxury Homes
Buyer's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$206,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Massie Terry M
Bought by
Warhit Peter A and Thoma Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
N N Jaeschke Inc
Bought by
Massie Terry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Woodbury Ian $645,000 Orange Coast Title
Evans Jason M -- None Available
White Marcus C $367,500 Orange Coast Title Company
Lamberger Edward L $295,000 First American Title Company
Warhit Peter A $295,000 Equity Title Company
Massie Terry M $147,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Marcus C $294,000
Previous Owner Lamberger Edward L $206,500
Previous Owner Warhit Peter A $195,000
Previous Owner Massie Terry M $117,600
Closed Massie Terry M $22,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $645,000 +8.4% $602 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $595,000 +61.9% $555 / Sq Ft
04/28/2017 04/28/17 Sold $367,500 -0.7% $343 / Sq Ft
02/23/2017 02/23/17 For Sale $370,000 +25.4% $345 / Sq Ft
12/18/2013 12/18/13 Sold $295,000 0.0% $275 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $295,000 -- $275 / 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 $1,884 $144,052 $40,000 $104,052
2023 $1,884 $157,685 $40,000 $117,685
2022 $2,641 $185,084 $40,000 $145,084
2021 $5,333 $394,032 $118,209 $275,823
2020 $5,097 $389,992 $116,997 $272,995
2019 $5,012 $382,346 $114,703 $267,643
2018 $4,920 $374,850 $112,455 $262,395
2017 $4,151 $311,588 $94,004 $217,584
2016 $4,027 $305,479 $92,161 $213,318
2015 $3,863 $300,893 $90,778 $210,115
2014 $3,809 $295,000 $89,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-127295

The MLS

APN: 504-131-027