NOT LISTED FOR SALE

3940 E Mesquite Ave Palm Springs, CA 92264

Demuth Park Neighborhood

Estimated Value: $648,000 - $794,000

4 Beds
2 Baths
1,457 Sq Ft
$501/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2024

Last sale price $720,000 $494 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,731 / mo

52 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Private Lot
  • Palm Springs High School Rated A-
  • Property is near park
  • 4-minute walk to Demuth Park

About This Home

As of October 2024

Welcome to 3940 E Mesquite, a Palm Springs retreat located on fee land (you own it) in coveted South Palm Springs. Set elevated above the street, this home boasts panoramic views of lush Demuth Park and the majestic San Jacinto Mountains. Upon entering, you're greeted by a bright and open living area with cathedral ceilings and immediate views of the sparkling pool, spa and patio. The living room is expansive and connects to a large dining room off the kitchen. The kitchen is a chef's delight, featuring stainless steel appliances and a sleek gas range. This well-designed floor plan features four bedrooms and two bathrooms, which are separate from the living space, providing privacy and comfort. The large ensuite primary includes direct access to the pool area through sliding doors. The expansive patio is perfect for entertaining, with a shimmering mosaic tiled pool, spa, mature landscaping, and breathtaking west mountain views. Noteworthy upgrades include owned solar panels, an updated AC unit with a Nest thermostat, a water filtration system, recently installed pool heater with remote automation, a remodeled kitchen, and updated garage door system. Additional features include a two-car garage, an oversized driveway for ample guest parking. Whether as a primary residence, secondary getaway, or a successful Airbnb property, this home epitomizes the best of Palm Springs living. Don't miss out on this unique opportunity! Property to be sold as is.

Last Agent to Sell the Property

Rebecca May

Berkshire Hathaway HomeService California Properties License #02048634 Listed on: 08/05/2024

Berkshire Hathaway HomeService California Properties

Last Buyer's Agent

Ahu Kocaballi

eXp Realty of California, Inc. License #01919251

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Private Lot
  • Sprinkler System
  • Back Yard

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Tile Flooring
  • Mountain Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Tile

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Demuth Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 680512013

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Included In Sale: Washer/ Dryer. Refrigerator
  • List Price per Sq Ft: 507.89
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 1976
  • Listing I D: 219115421
  • Listing Member Address: 155 S. Palm Canyon Dr. Ste 192, Palm Springs, CA 92262
  • Listing Office Address: 155 S. Palm Canyon Dr. Ste 192, Palm Springs, CA 92262
  • Selling Member Address: 41955 Boardwalk F3, Palm Desert, CA 92211
  • Selling Office Address: 41955 Boardwalk F3, Palm Desert, CA 92211
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Demuth Park
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: In Garage
  • Estimated Sq Ft: 1457.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Tile
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 680512013
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Private, Fenced
  • Lot Location: Park Nearby
  • Lot Size: 6098.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 7, 2024
Sold by
Bought by
Seller's Agent
Rebecca May
Berkshire Hathaway HomeService California Properties
Buyer's Agent
Ahu Kocaballi
eXp Realty of California, Inc.
List Price
$740,000
Sold Price
$720,000
Premium/Discount to List
-$20,000
-2.7%
Views
33
Current Estimated Value
$729,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,314
Avg. Annual Appreciation
0.78%
Original Mortgage
$540,000
Outstanding Balance
$532,176
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$197,138

Purchase Details

Closed on
Apr 4, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 18, 2021
Sold by
Bought by
Seller's Agent
Ryan Gaertner
HK Lane Real Estate
Buyer's Agent
Ryan Gaertner
HK Lane Real Estate
List Price
$640,000
Sold Price
$720,000
Premium/Discount to List
$80,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$550,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Ryan Gaertner
HK Lane Real Estate
Buyer's Agent
Ryan Gaertner
HK Lane Real Estate
List Price
$640,000
Sold Price
$720,000
Premium/Discount to List
$80,000
12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,750
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 Lawyers Title
-- None Listed On Document
-- Orange Coast Title
$720,000 Orange Coast Title
$347,500 Orange Coast Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,000
Previous Owner $550,000
Previous Owner $550,000
Previous Owner $312,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2024 10/09/24 Sold $720,000 -2.7% $494 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $740,000 +2.8% $508 / Sq Ft
12/17/2021 12/17/21 Sold $720,000 +12.5% $494 / Sq Ft View Prior Sale
11/10/2021 11/10/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $640,000 -- $439 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,376 $720,000 $180,001 $539,999
2023 $9,376 $734,400 $183,600 $550,800
2022 $9,565 $720,000 $180,000 $540,000
2021 $10,623 $381,518 $109,670 $271,848
2020 $9,894 $340,641 $102,835 $237,806
2019 $9,777 $330,720 $99,840 $230,880
2018 $9,615 $318,000 $96,000 $222,000
2017 $9,767 $302,000 $75,000 $227,000
2016 $3,345 $256,000 $64,000 $192,000
2015 $2,632 $205,000 $51,000 $154,000
2014 $2,477 $192,000 $48,000 $144,000
Source: Public Records

Agents Affiliated with this Home

  • Rebecca May

    Seller's Agent in 2024

    Rebecca May

    Berkshire Hathaway HomeService California Properties

    (915) 319-9699

    1 in this area

    56 Total Sales

    Rebecca May
    Section Image
  • Ahu Kocaballi

    Buyer's Agent in 2024

    Ahu Kocaballi

    eXp Realty of California, Inc.

    (760) 216-0212

    1 in this area

    150 Total Sales

    Ahu Kocaballi
    Section Image

  • R

    Seller's Agent in 2021

    Ryan Gaertner

    HK Lane Real Estate

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219115421

California Desert Association of REALTORS®

APN: 680-512-013

California Riverside County Palm Springs 92264 Demuth Park

3940 E Mesquite Ave, Palm Springs, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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