NOT LISTED FOR SALE

435 E Chuckwalla Rd Palm Springs, CA 92262

Estimated Value: $952,000 - $1,145,000

4 Beds
4 Baths
2,072 Sq Ft
$525/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,100,000 $531 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,545/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Solar Power System
  • Gated Parking
  • Palm Springs High School Rated A-
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of March 2024

FABULOUS HARD TO FIND TWO SEPARATE DETACHED HOUSES ON A LARGE LOT, VERY PRIVATE, FEELS LIKE TWO SEPARATE PROPERTIES. ONE IS A NEW DETACHED LARGE ADU AND THE MAIN HOUSE WAS RECENTLY RENOVATED. BOTH DESIGNED AND BUILT BY OWNER/ARCHITECT. FANTASTIC SHORT-TERM OR LONG-TERM RENTAL INCOME OPPORTUNITY AS WELL IN GREAT PALM SPRINGS LOCATION! CURRENT STR CITY CAP FOR THIS PROPERTY IS ONLY AT 1.5% (20% MAX BEFORE WAITING LIST). Check with City For Details. Or Enjoy One House and Rent the Other For Additional Income. Many Options! Each House is Separately Metered, Very Private. Each House is a 2 Bedroom, 2 Bath, the ADU is Currently Rented. Spacious and Super Private Yard with Towering Trees, Mountain Views, Entire Property is Walled and Gated. Sparkling Heated Pool and Spa for Relaxation and Enjoyment of The Palm Springs Lifestyle. Close Proximity to Downtown, Award Winning Dining Options, World Class Entertainment and Boutique Shopping. Both Houses Have Fully Owned and PAID SOLAR System for Incredible Utility Cost Savings. On Fee Land-You Own It, No HOA. PLEASE DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Don Gottfeld

ACRE Associates, Inc License #01295144 Listed on: 02/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,030

Year Built

  • Built in 2022

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is zoned R2

Home Design

  • Entry on the 1st floor
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Mountain Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Gated Parking

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating and Cooling
  • Air Source Heat Pump
  • Vented Exhaust Fan
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Heated In Ground Pool

Listing and Financial Details

  • Legal Lot and Block 46 / 4
  • Tax Tract Number 5
  • Assessor Parcel Number 507024004
  • $268 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,030

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.50
  • Price Per Unit: 597500
  • Property Attached: No
  • Subdivision Name Other: El Mirador
  • View: Yes
  • Water Sewer Expenses: 1100.00
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 507024004
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Private
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 530.89
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Walk-In Closet

Exterior Features

  • View: Mountain(s)
  • Pool Expense: 1800.00
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Ductless, Electric, Heat Pump, Zoned
  • Laundry Features: Dryer Included, In Closet, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public
  • Cooling: Ductless, Electric, Heat Pump, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Income: 92400.00
  • Gross Scheduled Income: 92400.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 10019.0000 Square Feet
  • Net Operating Income: 71800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 20600.00
  • Rent Control: No
  • Total Expenses: 20600.00

Tax Info

  • New Taxes Expense: 15360.00
  • Tax Block: 4
  • Tax Census Tract: 446.02
  • Tax Lot: 46
  • Tax Tract Number: 5
  • TaxOtherAnnualAssessmentAmount: 268.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Feb 28, 2024
Sold by
Don And Cynthia Gottfeld Living Trust
Bought by
Spencer Christopher
Seller's Agent
Don Gottfeld
ACRE Associates, Inc
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Views
77
Current Estimated Value
$1,088,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,925
Avg. Annual Appreciation
-0.68%

Purchase Details

Listed on
Jan 28, 2020
Closed on
Mar 10, 2020
Sold by
Gottfeld Don and Gottfild Cynthia
Bought by
Gottfeld Don and Gottfild Cynthia
Seller's Agent
Michelle Lin
Smart Realty Group
Buyer's Agent
Don Gottfeld
ACRE Associates, Inc
List Price
$560,000
Sold Price
$530,000
Premium/Discount to List
-$30,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%
Original Mortgage
$424,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 25, 2020
Sold by
Rowe Anne and Vega Michael
Bought by
Gottfeld Don and Gottfeid Cynthia
Seller's Agent
Michelle Lin
Smart Realty Group
Buyer's Agent
Don Gottfeld
ACRE Associates, Inc
List Price
$560,000
Sold Price
$530,000
Premium/Discount to List
-$30,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2020
Closed on
Feb 7, 2020
Sold by
Rowe Anne
Bought by
Rowe Anne and Vega Michael
Seller's Agent
Michelle Lin
Smart Realty Group
Buyer's Agent
Don Gottfeld
ACRE Associates, Inc
List Price
$560,000
Sold Price
$530,000
Premium/Discount to List
-$30,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
U S Bank National Association
Bought by
Rowe Anne

Purchase Details

Closed on
Jan 24, 2011
Sold by
Dante Guistina
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 9, 2008
Sold by
Torres Yarilis
Bought by
Amodeo Vincenzo

Purchase Details

Closed on
Jun 28, 2005
Sold by
Amodeo Joseph
Bought by
Dante Guistina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 3, 2005
Sold by
Flogel Daniel F
Bought by
Dante Guistina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 20, 2003
Sold by
Nealeigh Thomas Lee
Bought by
Flogel Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
5.54%

Purchase Details

Closed on
Feb 22, 1996
Sold by
Demarcantonio Terry
Bought by
Courtney Robin Cande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,475
Interest Rate
7.41%
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
Spencer Christopher $1,100,000 First American Title
Gottfeld Don -- None Available
Gottfeld Don $530,000 Ticor Title Company
Rowe Anne -- Ticor Title Company
Rowe Anne $101,500 Landsafe Title Of Ca Inc
U S Bank National Association $486,701 Landsafe Default Inc
Amodeo Vincenzo -- None Available
Amodeo Vincenzo -- None Available
Dante Guistina -- Stewart Title Guaranty
Dante Guistina $489,500 Stewart Title Guaranty
Flogel Daniel F $225,000 First American Title
Courtney Robin Cande $60,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gottfeld Don $424,000
Previous Owner Dante Guistina $391,600
Previous Owner Flogel Daniel F $175,200
Previous Owner Courtney Robin Cande $57,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $1,100,000 -7.9% $531 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $1,195,000 +125.5% $577 / Sq Ft
03/02/2020 03/02/20 Sold $530,000 -5.4% $460 / Sq Ft View Prior Sale
02/05/2020 02/05/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $560,000 -- $486 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,030 $1,121,999 $280,501 $841,498
2023 $9,030 $687,122 $78,837 $608,285
2022 $7,321 $546,199 $77,292 $468,907
2021 $7,174 $535,490 $75,777 $459,713
2020 $1,716 $116,564 $91,876 $24,688
2019 $1,690 $114,279 $90,075 $24,204
2018 $1,661 $112,039 $88,309 $23,730
2017 $1,638 $109,843 $86,578 $23,265
2016 $1,596 $107,690 $84,881 $22,809
2015 $1,519 $106,074 $83,607 $22,467
2014 $1,485 $103,998 $81,970 $22,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24029603

California Regional Multiple Listing Service (CRMLS)

APN: 507-024-004