NOT LISTED FOR SALE

457 W Arenas Rd Palm Springs, CA 92262

Historic Tennis Club Neighborhood

Estimated Value: $843,000 - $1,223,000

4 Beds
3 Baths
1,935 Sq Ft
$529/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $975,000 $504 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,656/month

45 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Palm Springs High School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2024

This home is now under $1M and PRICED TO SELL in the coveted Historic Tennis Club neighborhood. PRIME location west of Palm Canyon that's truly the jewel of Palm Springs. This one-of-a-kind property is zoned R-3, offering a range of possibilities. Two of four bedrooms have direct exterior access and have proven successful as income generating rentals. Or take the plunge and build condos. Keep one and sell the others. Living room is warm and welcoming with vintage oak floors and vaulted wood ceilings centered around fireplace. Two bedrooms with shared bath are adjacent to living room. Home surrounds pool on two sides with western mountain views. You own the land. Owner fell in love with the charm of the expansive front porch and has hosted friends and family for 26 years. Now it's your turn. Nestled in the heart of this vibrant city, the downtown village is the ultimate hub for top-tier restaurants, boutique shopping, and exciting nightlife. It's where everyone wants to be. Park the car. You won't need it. Palm Springs Museum of Modern Art is just a stone's throw away. Hike the nearby trails to explore the breathtaking desert landscape. Tennis Club is the favorite hang out of tennis enthusiasts. This home truly offers a lifestyle that encompasses all the beauty and culture Palm Springs has to offer.

Last Agent to Sell the Property

Brittany Schoor

Socalhomeshop Inc. License #01468869 Listed on: 01/08/2024

Last Buyer's Agent

CJ Johnson

Socalhomeshop Inc. License #02063397

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Front Yard
  • Property is zoned R3

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Carport

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 513-133-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1935
  • Lot Acreage: 0.1600
  • Stories: 1
  • Year Built: 1946
  • Builders Tract Name: Tennis Club
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Wood, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dryer, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 516.28

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Patio: Porch - Front, Covered Porch
  • Pool Description: Salt/Saline, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Wall Unit(s), Multi/Zone
  • Heating: Wall, Zoned
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Prewired for alarm system

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 513-133-002
  • Lot Description: Fenced, Front Yard, Sidewalks, Walk Street
  • Lot Size Area: 6970

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 23, 2024
Sold by
Joan Forrer Trust
Bought by
Petrol & Pedals Llc
Seller's Agent
Brittany Schoor
Socalhomeshop Inc.
Buyer's Agent
CJ Johnson
Socalhomeshop Inc.
List Price
$1,399,500
Sold Price
$975,000
Premium/Discount to List
-$424,500
-30.33%
Views
87
Current Estimated Value
$1,023,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,798
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Forrer Joan
Bought by
Forrer Joan

Purchase Details

Closed on
Dec 17, 2004
Sold by
Forrer Emil J and Forrer Joan
Bought by
Forrer Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 1997
Sold by
Forrer Joan M
Bought by
Forrer Emil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1997
Sold by
Eyring Inc Valentine Virgil
Bought by
Forrer Emil J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
3.95%
Mortgage Type
Commercial
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
Petrol & Pedals Llc $975,000 Chicago Title
Forrer Joan -- None Available
Forrer Joan -- First American Title Co
Forrer Emil J -- Old Republic Title Company
Forrer Emil J $143,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forrer Joan $304,000
Previous Owner Forrer Emil J $114,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $975,000 -2.4% $504 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $999,000 -18.4% $516 / Sq Ft
02/05/2024 02/05/24 Price Changed $1,225,000 -12.5% $633 / Sq Ft
01/08/2024 01/08/24 For Sale $1,399,500 -- $723 / Sq Ft
Source: The MLS

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 $3,440 $994,500 $249,900 $744,600
2023 $3,440 $223,827 $67,296 $156,531
2022 $3,492 $219,439 $65,977 $153,462
2021 $3,433 $215,137 $64,684 $150,453
2020 $3,308 $212,932 $64,021 $148,911
2019 $3,260 $208,758 $62,766 $145,992
2018 $3,209 $204,666 $61,536 $143,130
2017 $3,168 $200,654 $60,330 $140,324
2016 $3,092 $196,721 $59,148 $137,573
2015 $2,929 $193,767 $58,260 $135,507
2014 $2,837 $189,973 $57,120 $132,853
Source: Public Records

Agents Affiliated with this Home

  • Brittany Schoor

    Seller's Agent in 2024

    Brittany Schoor

    Socalhomeshop Inc.

    (760) 449-7000

    1 in this area

    51 Total Sales

    Brittany Schoor
    Section Image
  • CJ Johnson

    Buyer's Agent in 2024

    CJ Johnson

    Socalhomeshop Inc.

    (760) 668-4241

    1 in this area

    21 Total Sales

    CJ Johnson
    Section Image
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Map

Source: The MLS

MLS Number: 23-329777

The MLS

APN: 513-133-002

California Riverside County Palm Springs 92262 Historic Tennis Club

457 W Arenas Rd, Palm Springs, CA

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