NOT LISTED FOR SALE

Estimated Value: $796,000 - $1,153,000

3 Beds
2 Baths
1,225 Sq Ft
$770/Sq Ft Est. Value

Last Sold August 20, 2012

Last sale price $443,250 $362 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,843/month

56 Days on Market

About This Home

As of August 2012

The remarkable renovation of 386 E Racquet Club in 2011 is among few that mark an extraordinary rise in neighborhood pride and demand that is unique to Racquet Club Estates. Taken down to its studs, no expense has been spared to bring this iconic Alexander butterfly into the 21st century. You'll be hard pressed to find a vintage home with no stone unturned, because this one is truly finished, with high quality materials, fine workmanship, and right in line with its architectural heritage. ALL new systems, fully insulated walls, custom clerestory windows added, all dual-pane windows and sliders, all new copper plumbing and electrical, polished concrete floors, sandblasted wood beam ceilings, new in-ground spa, new block walls around backyard with glass niches, concrete pads and desert landscaping throughout exteriors, custom handmade draperies with brilliant fabrics, and much more. Over-sized lot. Successful vacation rental comes with website. Get every penny's worth for $$ per sq ft!

Last Agent to Sell the Property

Jacquie Owens

Berkshire Hathaway HomeServices California Properties License #01803359 Listed on: 06/14/2012

Co-Listed By

Nick Sabbagh

Socalhomeshop Inc. License #01335085

Last Buyer's Agent

Sharon Teunis

Hom Sotheby's International Re License #1737274

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,800

Year Built

1959

Lot Details

0

Listing Details

  • Cross Street: INDIAN CANYON DRIVE
  • Entry Location: Ground Level - no steps
  • Active Date: 2012-06-14
  • Full Bathroom: 2
  • Builder Name: ALEXANDER
  • Building Size: 1225.0
  • Building Structure Style: Mid Century
  • Driving Directions: From downtown, take Palm Canyon Drive north to Racquet Club Road and turn east. 386 will quickly be on your left after passing Indian Canyon Drive. There's no sign. House on north side of Racquet Club Rd.
  • Exclusions: Exclusions, Call Agent,WASHER, DRYER, BARBECUE GRILL, ROKUS, TELEVISIONS, IPOD DOCK SPEAKERS
  • Full Street Address: 386 E Racquet Club Rd
  • Lot Location: Near Public Transit, Park Nearby
  • Lot Size Acres: 0.26
  • Pool Construction: Gunite, In Ground
  • Pool Descriptions: Private Pool, Heated And Filtered, Heated, Permits
  • Primary Object Modification Timestamp: 2014-04-14
  • Property Condition: Updated/Remodeled
  • Spa Construction: Gunite, In Ground
  • Spa Descriptions: Private Spa, Heated, Permits
  • Tax Legal Lot Number: 73
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Bathroom Features: Remodeled
  • Bedroom Features: Master Suite
  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Cooktop - Gas, Microwave, Oven, Range Hood, Self Cleaning Oven
  • Advertising Remarks: The remarkable renovation of 386 E Racquet Club in 2011 is among few that mark an extraordinary rise in neighborhood pride and demand that is unique to Racquet Club Estates. Taken down to its studs, no expense has been spared to bring this iconic Alexande
  • Total Bedrooms: 3
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: Yes
  • Levels: One Level, Ground Level
  • Spa: Yes
  • Interior Amenities: Block Walls, Laundry - Closet Stacked
  • Fireplace Rooms: Exterior
  • Appliances: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Refrigerator, Stackable W/D Hookup
  • Fireplace Features: Fire Pit
  • Fireplace Fuel: Gas
  • Kitchen Features: Counter Top, Island, Open to Family Room
  • Pool: Yes

Exterior Features

  • Lot Size Sq Ft: 11326
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: Partial Copper Plumbing
  • Other Structures: Cabana
  • Patio: Patio Open, Concrete Slab
  • Fence: Block Wall
  • Windows: Drapes/Curtains
  • Roofing: Foam
  • Water: Water District

Garage/Parking

  • Parking Type: Garage - None, Carport Attached

Utilities

  • Sewer: In, Connected & Paid, In Street Paid
  • Water District: DESERT WATER AGENCY
  • Sprinklers: Drip System
  • TV Svcs: Tv Satellite Dish
  • Water Heater: Water Heater Unit, Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Forced Air
  • Security: Security System - Owned, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified
  • Elementary School: Vista Del Monte Elem
  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Lot Info

  • Lot Description: Back Yard, Exterior Security Lights, Fenced Yard, Landscaped, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Single Lot, Utilities - Overhead, Yard

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Jul 12, 2012
Sold by
Kjaer Bo Holtze
Bought by
Slaven Ellen M and Britt Sherrie Genia
Seller's Agent
Jacquie Owens
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Sharon Teunis
Hom Sotheby's International Re
List Price
$459,000
Sold Price
$443,250
Premium/Discount to List
-$15,750
-3.43%
Current Estimated Value
$963,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,481
Avg. Annual Appreciation
6.17%
Original Mortgage
$325,200
Outstanding Balance
$224,919
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$739,267

Purchase Details

Closed on
Jan 21, 2011
Sold by
Macias Joe B
Bought by
Privett Dolores

Purchase Details

Closed on
Dec 16, 2010
Sold by
Privett Dolores
Bought by
Kjaer Bo Holtze

Purchase Details

Closed on
Dec 11, 2009
Sold by
Macias Karen D
Bought by
Privett Dolores

Purchase Details

Closed on
Jul 31, 1995
Sold by
Privett Dolores
Bought by
Macias Jesse B and Macias Karen D
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
Slaven Ellen M $443,500 Orange Coast Title Company
Privett Dolores $87,500 Equity Title Orange County-I
Kjaer Bo Holtze $175,000 Equity Title Orange County-I
Privett Dolores -- None Available
Macias Jesse B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaven Ellen M $325,200
Previous Owner Kjaer Bo Holtze $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2012 08/20/12 Sold $443,250 -3.4% $362 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $459,000 -- $375 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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 $6,800 $547,971 $163,772 $384,199
2023 $6,800 $526,694 $157,413 $369,281
2022 $6,936 $516,368 $154,327 $362,041
2021 $6,797 $506,244 $151,301 $354,943
2020 $6,495 $501,054 $149,750 $351,304
2019 $6,384 $491,230 $146,814 $344,416
2018 $6,265 $481,599 $143,937 $337,662
2017 $6,174 $472,157 $141,115 $331,042
2016 $5,995 $462,900 $138,349 $324,551
2015 $5,755 $455,949 $136,272 $319,677
2014 $5,686 $447,019 $133,603 $313,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41455879

APN: 501-061-036