NOT LISTED FOR SALE

416 E Avenida Olancha Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $725,000 - $1,005,000

2 Beds
2 Baths
1,366 Sq Ft
$622/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $755,555 $553 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,111/month

75 Days on Market

Highlights

  • Lap Pool
  • Primary Bedroom Suite
  • Enclosed Patio or Porch
  • Palm Springs High School Rated A-
  • Mountain View
  • Circular Driveway

About This Home

As of February 2024

Palm Springs SOUTH location! Best deal in PS. Home is on Fee Land (you own the land) and STR friendly! Transport yourself to the allure of vintage Palm Springs with this enchanting property that exudes Spanish influence amidst a city renowned for its mid-century modernism. This captivating abode is nestled in the coveted Tahquitz River Estates neighborhood. Embrace the quintessential Palm Springs lifestyle, mere steps from the iconic ACE Hotel and a swift 3-5-minute drive to downtown Palm Springs, where vibrant shopping and dining await.Indulge in the grandeur of majestic, awe-inspiring mountain views from the comfort of your own sanctuary. Unwind in the seclusion of a private and inviting lap pool and spa, offering the perfect retreat for relaxation. While this gem may require a touch of tender loving care, it presents an incredible investment opportunity or an idyllic home away from home.Embrace the timeless charm of this property, preserving the essence of Palm Springs' allure. Discover a haven that captures the spirit of a bygone era while promising the potential for a splendid future.

Last Agent to Sell the Property

Yasmin Tobey

Desert Sotheby's International Realty License #01502443 Listed on: 11/17/2023

Desert Sotheby's International Realty

Last Buyer's Agent

Yasmin Tobey

Ronald Christopher & Assoc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,190 Sq Ft Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Irrigation
  • Property is zoned R-2

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,366 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Brick Fireplace
  • Shutters
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views
  • Window Bars

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • 6 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Oversized Parking
  • Circular Driveway

Pool

  • Lap Pool
  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Tahquitz River Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 508353025

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

8,190 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 658.13
  • Lp Sp Ratio: 0.8400
  • View Type: Mountain(s)
  • Year Built: 1941
  • Listing I D: 219103097
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Tahquitz River Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Flooring: Carpet, Ceramic Tile, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Living/Dining Combo
  • Laundry: Individual Room
  • Estimated Sq Ft: 1366.00
  • Windows Treatments: Shutters

Exterior Features

  • Other Features: Barbeque Private
  • Roofing: Flat
  • Patio: Covered, Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Lap, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Circular Driveway, Driveway, Oversized
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Fireplace(s), Forced Air
  • Security: Window Bars
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508353025
  • Irrigation: Drip System, Manual
  • Lot Dimensions: 78 x 105 ft
  • Lot Location: Cul-De-Sac
  • Lot Size: 8190.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 7, 2024
Sold by
Pickell Michael D and Mcintosh Michael
Bought by
Zaghi Living Trust and Zaghi
Seller's Agent
Yasmin Tobey
Desert Sotheby's International Realty
Buyer's Agent
Yasmin Tobey
Ronald Christopher & Assoc.
List Price
$999,000
Sold Price
$755,556
Premium/Discount to List
-$243,444
-24.37%
Views
84
Current Estimated Value
$850,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,681
Avg. Annual Appreciation
6.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zaghi Living Trust $756,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $755,556 -16.0% $553 / Sq Ft
12/07/2023 12/07/23 Price Changed $899,000 -10.0% $658 / Sq Ft
11/17/2023 11/17/23 For Sale $999,000 -- $731 / Sq Ft
Source: California Desert Association of REALTORS®

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 $8,775 $770,666 $193,800 $576,866
2023 $8,775 $81,295 $19,059 $62,236
2022 $1,202 $79,702 $18,686 $61,016
2021 $1,181 $78,140 $18,320 $59,820
2020 $1,138 $77,340 $18,133 $59,207
2019 $1,120 $75,825 $17,778 $58,047
2018 $1,101 $74,339 $17,430 $56,909
2017 $1,085 $212,941 $56,044 $156,897
2016 $1,058 $71,454 $16,754 $54,700
2015 $1,001 $70,382 $16,503 $53,879
2014 $969 $69,006 $16,181 $52,825
Source: Public Records

Agents Affiliated with this Home

  • Yasmin Tobey

    Seller's Agent in 2024

    Yasmin Tobey

    Desert Sotheby's International Realty

    (760) 668-5604

    1 in this area

    67 Total Sales

    Yasmin Tobey
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219103097

California Desert Association of REALTORS®

APN: 508-353-025

California Riverside County Palm Springs 92264 Tahquitz River Estates

416 E Avenida Olancha, Palm Springs, CA

Not Listed for Sale

Detached

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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