NOT LISTED FOR SALE

486 W Patencio Ln Palm Springs, CA 92262

Historic Tennis Club Neighborhood

Estimated Value: $2,931,000 - $6,127,258

10 Beds
11 Baths
9,318 Sq Ft
$486/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $3,200,000 $343 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $27,368/month

250 Days on Market

About This Home

As of July 2018

Own a piece of Palm Springs history with best value on the market in the historic Tennis Club. This historic hacienda by Wallace Neff - THE property in THE location! Built for the Singer Sewing fortune heir, this sprawling estate has all the hallmarks of a trophy property. With infinite potential- 9,300sf of living space is just the beginning. Main house features a majestic great room connecting two wings, all of which open to a courtyard with pool, spa and covered patios. Surrounding the property are 4 distinct yards (incl a fruit orchard!), a casita, workshop, circular driveway w gated entry, plenty of parking, and a stone wall lining the property's perimeter. And the house is topped off by a loggia with a 180sf deck and 360 deg views. Unquestionably one of the most unique estates in Palm Springs with possibilities limited only by your imagination. **Agents please see Private Remarks. Additional lots connected to this property now included in the sale.

Last Agent to Sell the Property

Sandra Quinn

Realty Trust License #01391280 Listed on: 10/20/2017

Co-Listed By

David Kubiczky

Hilton & Hyland License #01897238

Last Buyer's Agent

Sandra Quinn

Realty Trust License #01391280 Listed on: 10/20/2017

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,850

Year Built

1933

Lot Details

0

Listing Details

  • Active Date: 2018-06-23
  • Full Bathroom: 11
  • Building Size: 9318.0
  • Building Structure Style: Hacienda
  • Driving Directions: S on Palm Cyn to Baristo - W on Baristo to Patencio - turn L on Patencio, continue to end (intersects w Linda Vista). House is on left.
  • Full Street Address: 486 W PATENCIO LN
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2018-07-29
  • View Type: Canyon View, City View, City Lights View, Courtyard View, Mountain View, Panoramic View, Pool View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1933

Interior Features

  • Eating Areas: Breakfast Room
  • Appliances: Range
  • Advertising Remarks: Listing Agent Sandra Quinn (760)861-5150 Berkshire Hathaway HomeServices California Properties. Own a piece of Palm Springs history with best value on the market in the historic Tennis Club. This historic hacienda by Wallace Neff - THE property in THE lo
  • Total Bedrooms: 10
  • Builders Tract Code: 5860
  • Builders Tract Name: TENNIS CLUB
  • Fireplace: Yes
  • Levels: Multi Levels
  • Fireplace Rooms: Dining, Great Room, Master Bedroom
  • Appliances: Dryer, Washer
  • Fireplace Fuel: Wood
  • Floor Material: Hardwood
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 56078
  • Common Walls: Detached/No Common Walls
  • Other Features: Service Entrance
  • Other Structures: GuestHouse
  • Patio: Covered Porch

Garage/Parking

  • Parking Features: Driveway, Gated
  • Parking Type: Carport, Parking for Guests - Onsite

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Fireplace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Jul 19, 2018
Sold by
Silvas Beach Investments Llc
Bought by
Tashjian Thomas Harold and Kanlaya Suwatchai
Seller's Agent
Sandra Quinn
Realty Trust
Buyer's Agent
Sandra Quinn
Realty Trust
List Price
$2,575,000
Sold Price
$3,200,000
Premium/Discount to List
$625,000
24.27%
Current Estimated Value
$4,529,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,329,129
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Tucker Thomas Leon and Tucker Carolyn Sue
Bought by
Silvas Beach Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.79%
Mortgage Type
Stand Alone Second
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
Tashjian Thomas Harold $1,350,000 Provident Title Company
Silvas Beach Investments Llc $1,900,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silvas Beach Investments Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $3,200,000 +24.3% $343 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/23/2018 06/23/18 Price Changed $2,575,000 0.0% $276 / Sq Ft
06/23/2018 06/23/18 For Sale $2,575,000 -19.5% $276 / Sq Ft
06/23/2018 06/23/18 Off Market $3,200,000 -- --
04/19/2018 04/19/18 Price Changed $2,399,000 +9.1% $257 / Sq Ft
04/18/2018 04/18/18 For Sale $2,199,000 -31.3% $236 / Sq Ft
04/08/2018 04/08/18 Off Market $3,200,000 -- --
03/13/2018 03/13/18 Price Changed $2,199,000 -11.5% $236 / Sq Ft
03/09/2018 03/09/18 Price Changed $2,485,000 -2.9% $267 / Sq Ft
10/20/2017 10/20/17 For Sale $2,560,000 -- $275 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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 $32,850 $2,733,017 $948,189 $1,784,828
2023 $32,850 $2,626,893 $911,371 $1,715,522
2022 $33,525 $2,575,386 $893,501 $1,681,885
2021 $32,834 $2,524,889 $875,982 $1,648,907
2020 $31,556 $2,499,000 $867,000 $1,632,000
2019 $31,050 $2,450,000 $850,000 $1,600,000
2018 $21,911 $1,737,468 $697,068 $1,040,400
2017 $21,586 $1,703,400 $683,400 $1,020,000
2016 $11,382 $904,931 $242,526 $662,405
2015 $10,942 $891,340 $238,884 $652,456
2014 $10,829 $873,881 $234,205 $639,676
Source: Public Records

Agents Affiliated with this Home

  • Sandra Quinn

    Seller's Agent in 2018

    Sandra Quinn

    Realty Trust

    (760) 861-5150

    23 in this area

    105 Total Sales

    Sandra Quinn
    Section Image
  • David Kubiczky

    Seller Co-Listing Agent in 2018

    David Kubiczky

    Hilton & Hyland

    (323) 497-7555

    13 Total Sales

    David Kubiczky
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-282112PS

APN: 513-193-034

California Riverside County Palm Springs 92262 Historic Tennis Club

486 W Patencio Ln, Palm Springs, CA

This home is located at 486 W Patencio Ln, Palm Springs, CA 92262 since 20 October 2017 and is currently estimated at $4,529,129, approximately $486 per square foot. This property was built in 1933. 486 W Patencio Ln is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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