NOT LISTED FOR SALE

4385 E Paseo Caroleta Palm Springs, CA 92264

Demuth Park Neighborhood

Estimated Value: $769,000 - $854,000

4 Beds
2 Baths
1,592 Sq Ft
$518/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $725,000 $455 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,288/month

68 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Bonus Room
  • Palm Springs High School Rated A-
  • 1 Fireplace
  • 2 Attached Carport Spaces

About This Home

As of June 2023

This Active Airbnb Property is a Beautifully Decorated Mid-Century Gated home located in the Southend Palm Springs neighborhood of Demuth Park. Property is fully fenced with electric gate and has room for off-street parking of 6 vehicles. The light & bright open concept floorplan offers beautiful pavers throughout & an updated kitchen with quartz countertops and aqua subway tile backsplash for that tastefully added ''Pop of Color''. Enjoy your very own oversized pool w/ Southern exposure & views of the western mountains. The Backyard boasts a gas fire pit as well as avocado, guava & citrus trees. Additionally, a very large room on west side of this home is easily used as a fourth bedroom with it's own private access to the backyard. Solar system (leased) & Tesla Charger in place. Demuth Park offers Pickleball, Tennis Courts, Soccer & Baseball Fields as well as a Playground and Dog Park. All furnishing are negotiable. Whether your Primary Residence, Second Home or a Vacation Rental, this home is an amazing opportunity. HIGHLY MOTIVATED SELLER makes this Your Perfect Opportunity!

Last Agent to Sell the Property

David Whittier

Re/Max Desert Properties License #01228098 Listed on: 03/24/2023

Re/Max Desert Properties

Last Buyer's Agent

David Whittier

Re/Max Desert Properties License #01228098 Listed on: 03/24/2023

Re/Max Desert Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,260

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home

Home Design

  • Turnkey

Interior Spaces

  • 1,592 Sq Ft Home
  • 1 Fireplace
  • Dining Area
  • Bonus Room
  • Pavers Flooring
  • Mountain Views
  • Prewired Security
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • 6 Car Parking Spaces
  • 4 Parking Garage Spaces
  • Driveway
  • Automatic Gate

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system

Community Details

  • Demuth Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 680151030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,260

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: Ground Level, No Unit Above
  • List Price per Sq Ft: 470.48
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 1960
  • Listing I D: 219092733
  • Listing Member Address: 1775 E Palm Canyon Dr Ste 615, Palm Springs, CA 92264
  • Listing Office Address: 1775 E Palm Canyon Dr Ste 610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Member Address: 1775 E Palm Canyon Dr Ste 615, Palm Springs, CA 92264
  • Selling Office Address: 1775 E Palm Canyon Dr Ste 610, Palm Springs, CA 92264
  • Selling Office Fax: (760) 841-0917
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Demuth Park
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave Oven, Washer, Refrigerator
  • Flooring: Pavers
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 1592.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway, Covered
  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Central Air, Evaporative Cooling
  • Heating: Forced Air
  • Security: Automatic Gate, Prewired For Alarm
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 680151030
  • Lot Size: 7405.00

Rental Info

  • Furnished: Turnkey
  • 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
Mar 24, 2023
Closed on
Apr 4, 2023
Sold by
Loeschhorn Family Trust
Bought by
Durrani Muhammad and Sajid Bushra
Seller's Agent
David Whittier
Re/Max Desert Properties
Buyer's Agent
David Whittier
Re/Max Desert Properties
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$824,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,806
Avg. Annual Appreciation
5.44%
Original Mortgage
$580,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2022
Sold by
Loeschhorn John W and Loeschhorn Gail M
Bought by
Loeschhorn Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 13, 2022
Sold by
Luiz Casali
Bought by
Loeschhorn Family Trust
Seller's Agent
Veronica Mendoza
Desert Sands Realty
Buyer's Agent
David Whittier
Re/Max Desert Properties
List Price
$875,000
Sold Price
$900,000
Premium/Discount to List
$25,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.80%
Original Mortgage
$400,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 27, 2015
Sold by
Knauf Candace E
Bought by
Casali Luiz
Seller's Agent
Russell Reserva
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$339,000
Sold Price
$335,000
Premium/Discount to List
-$4,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Original Mortgage
$328,932
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1997
Sold by
Bondor William and Bondor Grace
Bought by
Knauf Candace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.15%
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
Durrani Muhammad $725,000 Lawyers Title
Loeschhorn Family Trust -- Wfg Lender Services
Loeschhorn John W -- Wfg Lender Services
Loeschhorn Family Trust $900,000 Lawyers Title
Casali Luiz $335,000 Title 365
Knauf Candace E $68,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durrani Muhammad $580,000
Previous Owner Loeschhorn John W $557,000
Previous Owner Loeschhorn Family Trust $400,000
Previous Owner Casali Luiz $488,500
Previous Owner Casali Luiz $411,500
Previous Owner Casali Lutz $410,000
Previous Owner Casali Luiz $409,500
Previous Owner Casali Luiz $408,000
Previous Owner Casali Luiz $308,000
Previous Owner Casali Lulz $38,461
Previous Owner Casali Luiz $328,932
Previous Owner Knauf Candace E $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $725,000 -3.2% $455 / Sq Ft
03/24/2023 03/24/23 For Sale $749,000 0.0% $470 / Sq Ft
05/24/2022 05/24/22 Rented $4,000 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/15/2022 05/15/22 Price Changed $4,000 -18.4% $3 / Sq Ft
04/05/2022 04/05/22 Price Changed $4,900 -10.9% $3 / Sq Ft
03/28/2022 03/28/22 For Rent $5,500 0.0% --
02/09/2022 02/09/22 Sold $900,000 +2.9% $565 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $875,000 +161.2% $550 / Sq Ft
05/28/2015 05/28/15 Sold $335,000 -1.2% $210 / Sq Ft
03/16/2015 03/16/15 For Sale $339,000 0.0% $213 / Sq Ft
06/20/2012 06/20/12 Rented $1,400 0.0% --
06/20/2012 06/20/12 Under Contract -- -- --
06/20/2012 06/20/12 For Rent $1,400 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $9,260 $754,288 $188,574 $565,714
2023 $9,260 $918,000 $229,500 $688,500
2022 $5,167 $379,390 $94,846 $284,544
2021 $5,065 $371,952 $92,987 $278,965
2020 $4,843 $368,139 $92,034 $276,105
2019 $4,761 $360,922 $90,230 $270,692
2018 $4,674 $353,846 $88,461 $265,385
2017 $4,606 $346,909 $86,727 $260,182
2016 $4,474 $340,108 $85,027 $255,081
2015 $1,266 $92,128 $21,670 $70,458
2014 $1,232 $90,326 $21,247 $69,079
Source: Public Records

Agents Affiliated with this Home

  • David Whittier

    Seller's Agent in 2023

    David Whittier

    RE/MAX

    (760) 968-6100

    2 in this area

    65 Total Sales

    Section Image
  • Veronica Mendoza

    Seller's Agent in 2022

    Veronica Mendoza

    Desert Sands Realty

    (760) 409-1733

    1 in this area

    83 Total Sales

    Section Image

  • R

    Seller's Agent in 2015

    Russell Reserva

    Bennion Deville Homes

    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

  • J

    Seller's Agent in 2012

    Jim Hladysh

    Desert Lifestyle Properties

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219092733

Greater Palm Springs Multiple Listing Service

APN: 680-151-030

California Riverside County Palm Springs 92264 Demuth Park

4385 E Paseo Caroleta, Palm Springs, CA

This home is located at 4385 E Paseo Caroleta, Palm Springs, CA 92264 since 24 March 2023 and is currently estimated at $824,365, approximately $517 per square foot. This property was built in 1960. 4385 E Paseo Caroleta is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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.

Greater Palm Springs Multiple Listing Service 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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