NOT LISTED FOR SALE

Estimated Value: $560,000 - $657,000

2 Beds
2 Baths
1,072 Sq Ft
$1,164/mo HOA Fee

Last Sold April 29, 2021

Last sale price $524,000 $489 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,525/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Palm Springs High School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of April 2021

This historically significant home in the Racquet Club Garden Villas was designed by William Cody and built by Paul Trousdale in 1964. This post and beam constructed home with open-concept living and full length windows through out is a testament to true mid-century design! This complex has been deemed an Historic District which is a plus for property taxes. The unit has spectacular mountain views and it connects to the complex's green space and private gardens and streams. The home is being sold by a trust.Would make a great home or a desert get away,.....(The extra $492 a month is an assessment that was too be paid over 24 months (began Nov 1st) .)

Last Agent to Sell the Property

Jay Margrey

Vanguard Properties License #00992016 Listed on: 03/29/2021

Vanguard Properties

Last Buyer's Agent

Jason Cochran

License #01947240

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 1,742

HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor
  • Interior Block Wall

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Dining Area
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Automatic Gate
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Satellite Dish

Additional Features

  • Sprinkler System
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 504-131-039

Community Details

Overview

  • Association fees include trash, water, insurance, building and grounds
  • 37 Units
  • Personalized Propert Management Association
  • Built by Paul Trousdale
  • Maintained Community

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,884

Year Built

Built in 1964 | Remodeled

Lot Details

0

HOA Fees

$1,164 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: This historically significant home in the Racquet Club Garden Villas was designed by William Cody and built by Paul Trousdale in 1964. This post and beam constructed home with open-concept living and full length windows through out is a testament to true mid-century design! This complex has been deemed an Historic District which is a plus for property taxes. The unit has spectacular mountain views and it connects to the complex's green space and private gardens and streams. The home is being sold by a trust.Would make a great home or a desert get away,.....(The extra $492 a month is an assessment that is paid over 24 months (began Nov 1st) to repay a previous loan that remodeled the pool etc and to add funds )
  • Builder Name: Paul Trousdale
  • Builders Tract Code: 5150
  • Complex Name: Racquet Club Cottages West
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 1072
  • Lot Acreage: 0.0400
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1964
  • Builders Tract Name: Racquet Club Garden Villas
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Block Walls, Beamed Ceiling(s)
  • Flooring: Stone, Laminate
  • Appliances: Cooktop - Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Microwave, Dishwasher, Satellite, Range/Oven
  • Price Per S Q F T: 488.81

Exterior Features

  • Construction: Block
  • Patio: Patio Open
  • Pool Description: Association Pool, Heated And Filtered, In Ground, Community
  • Pool: Yes
  • View: Mountains, Green Belt
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • TV Svcs: Tv Satellite Dish
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate
  • Water: Public

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Community, Guest Parking, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Insurance, Building and Grounds
  • HOA Fees: 672.00
  • Management Company: Personalized Propert Management
  • Mgmt Co Phone: 7603259500|
  • HOA Fees: 492.00
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 504-131-039
  • Lot Description: Gated Community
  • Lot Size Area: 1742

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
Sylliaasen-Lee William E and Lee-Sylliaasen Michael
Bought by
Sylliaasen-Lee Living Trust and Sylliaasen-Lee
Current Estimated Value
$604,289

Purchase Details

Listed on
Mar 29, 2021
Closed on
Apr 15, 2021
Sold by
Patota Maryann
Bought by
Sylliaasen Lee William E and Lee Sylliaasen Michael
Seller's Agent
Jay Margrey
Vanguard Properties
Buyer's Agent
Jason Cochran
List Price
$524,000
Sold Price
$524,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$445,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2018
Sold by
Marsh Vincent
Bought by
Marsh Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.97%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 24, 2015
Sold by
Marsh Vincent
Bought by
Marsh Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Interest Rate
3.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2015
Sold by
Marsh Vincent
Bought by
Marsh Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,100
Interest Rate
3.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 2014
Sold by
Laguna Investment Inc
Bought by
Marsh Vincent

Purchase Details

Closed on
Feb 5, 2014
Sold by
Cole Douglas F
Bought by
Laguna Investment Inc

Purchase Details

Closed on
Apr 19, 1995
Sold by
Murad Joseph and Murad Nourit
Bought by
Cole Douglas F
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
Sylliaasen-Lee Living Trust -- None Listed On Document
Sylliaasen Lee William E $524,000 Chicago Title
Marsh Vincent -- North American Title Company
Marsh Vincent -- Accommodation
Marsh Vincent -- Corinthian Title
Marsh Vincent $325,000 Lawyers Title Company
Laguna Investment Inc $269,000 Lawyers Title Company
Cole Douglas F $40,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sylliaasen Lee William E $445,400
Previous Owner Marsh Vincent $675,000
Previous Owner Marsh Vincent $122,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $524,000 0.0% $489 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $524,000 -- $489 / 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 $50,000 $94,052
2023 $1,884 $157,685 $40,000 $117,685
2022 $2,596 $181,627 $40,000 $141,627
2021 $2,152 $154,463 $40,000 $114,463
2020 $1,891 $138,975 $40,000 $98,975
2019 $1,929 $308,511 $124,730 $183,781
2018 $1,795 $131,000 $30,000 $101,000
2017 $1,752 $127,000 $30,000 $97,000
2016 $3,757 $290,723 $117,539 $173,184
2015 $3,618 $286,358 $115,774 $170,584
2014 $859 $54,186 $13,540 $40,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-711938

The MLS

APN: 504-131-039