NOT LISTED FOR SALE

480 W Alvarado Rd Palm Springs, CA 92262

Racquet Club West Neighborhood

Estimated Value: $644,000 - $742,554

2 Beds
1 Bath
1,118 Sq Ft
$613/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $325,000 $291 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,129/month

159 Days on Market

About This Home

As of January 2016

A stylish move-in-ready single family home located in the desirable Racquet Club West neighborhood. Enjoy amazing Mountain Views from the front patio and rear yard. The home has been meticulously remodeled from top to bottom, interior to exterior. This home features an open floor plan with a stunning kitchen remodel complete with stainless steel appliances. The dining area opens to the front patio which has majestic southwest views of the mountains and opens to the spacious living room with vaulted ceilings that overlooks the large rear yard and back patio pool area.

Last Agent to Sell the Property

Michael Adams

Palm Springs Reg Assoc of RLTR License #01822742 Listed on: 07/24/2015

Palm Springs Reg Assoc of RLTR

Last Buyer's Agent

Timothy Benoit

Coldwell Banker Res Brokerage License #01348677

Coldwell Banker Res Brokerage

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,769

Year Built

1981

Lot Details

0

Listing Details

  • Active Date: 2015-07-24
  • Full Bathroom: 1
  • Building Size: 1118.0
  • Building Structure Style: Modern
  • Driving Directions: Take N Palm Canyon Drive past Racquet Club to Alvarado Road. Turn right, home will be on your left.
  • Full Street Address: 480 W ALVARADO RD
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-01-29
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Free Standing Gas, Microwave
  • Advertising Remarks: A stylish move-in-ready single family home located in the desirable Racquet Club West neighborhood. Enjoy amazing Mountain Views from the front patio and rear yard. The home has been meticulously remodeled from top to bottom, interior to exterior. This
  • Total Bedrooms: 2
  • Builders Tract Code: 5160
  • Builders Tract Name: RACQUET CLUB WEST
  • Fireplace: Yes
  • Levels: One Level
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet
  • Kitchen Features: Remodeled
  • Laundry: Inside, Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Patio: Patio Open

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Water Heater: Gas
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Jan 19, 2016
Sold by
Smith Randolph A and Smith Patricia D
Bought by
Gambs Donna Marie
Seller's Agent
Michael Adams
Palm Springs Reg Assoc of RLTR
Buyer's Agent
Timothy Benoit
Coldwell Banker Res Brokerage
List Price
$449,000
Sold Price
$325,000
Premium/Discount to List
-$124,000
-27.62%
Current Estimated Value
$684,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,889
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Smith Randolph A and Smith Patricia D
Bought by
Smith Randolph A and Smith Patricia D

Purchase Details

Closed on
Mar 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Randolph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,917
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2009
Sold by
Miranda Miguel Angel
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 16, 2006
Sold by
Claussen Cory and Claussen Cricket
Bought by
Miranda Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1999
Sold by
Arakelian Sam & Martha Trustees & Udt
Bought by
Claussen Cory and Claussen Cricket

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1995
Sold by
Hacker Alfred R and Arakelian Sam
Bought by
Arakelian Sam and Arakelian Martha
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
Gambs Donna Marie $325,000 Chicago Title Company
Smith Randolph A -- None Available
Smith Randolph A -- None Available
Smith Randolph A $143,000 Lsi Title Agency
Smith Randolph A -- None Available
Federal Home Loan Mortgage Corporation $153,737 Accommodation
Miranda Miguel Angel $299,000 California Title Company
Claussen Cory $85,000 First American Title Ins Co
Arakelian Sam $79,730 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Randolph A $92,917
Previous Owner Miranda Miguel Angel $239,200
Previous Owner Claussen Cory $140,000
Previous Owner Claussen Cory $100,000
Previous Owner Claussen Cory $25,000
Previous Owner Claussen Cory $20,000
Previous Owner Claussen Cory $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $325,000 -1.2% $291 / Sq Ft
12/29/2015 12/29/15 Price Changed $329,000 -10.8% $294 / Sq Ft
11/13/2015 11/13/15 Price Changed $369,000 -7.5% $330 / Sq Ft
09/23/2015 09/23/15 Price Changed $399,000 -4.8% $357 / Sq Ft
09/02/2015 09/02/15 Price Changed $419,000 -6.7% $375 / Sq Ft
07/24/2015 07/24/15 For Sale $449,000 -- $402 / 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 $4,769 $384,728 $115,417 $269,311
2023 $4,769 $369,790 $110,936 $258,854
2022 $4,859 $362,540 $108,761 $253,779
2021 $4,762 $355,432 $106,629 $248,803
2020 $4,553 $351,788 $105,536 $246,252
2019 $4,474 $344,891 $103,467 $241,424
2018 $4,391 $338,130 $101,439 $236,691
2017 $4,325 $331,500 $99,450 $232,050
2016 $2,192 $155,864 $38,963 $116,901
2015 $2,094 $153,525 $38,379 $115,146
2014 $2,055 $150,520 $37,628 $112,892
Source: Public Records

Agents Affiliated with this Home

  • Michael Adams

    Seller's Agent in 2016

    Michael Adams

    CLAW

    (760) 702-6161

    7 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Timothy Benoit

    Coldwell Banker Res Brokerage

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Map

Source: The MLS

MLS Number: 15-925313PS

The MLS

APN: 504-094-002

California Riverside County Palm Springs 92262 Racquet Club West

480 W Alvarado Rd, Palm Springs, CA

This home is located at 480 W Alvarado Rd, Palm Springs, CA 92262 since 24 July 2015 and is currently estimated at $684,889, approximately $612 per square foot. This property was built in 1981. 480 W Alvarado Rd is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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