NOT LISTED FOR SALE

492 E Simms Rd Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $911,000 - $1,544,000

3 Beds
2 Baths
1,456 Sq Ft
$778/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,100,000 $755 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,161/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • 1 Fireplace

About This Home

As of July 2022

This revived and rare ''All Seasons'' Mid-Century Alexander is one of only few hundred constructed. Renovated and completed for today's modern luxuries and finishes, this home offers open concept living with white porcelain flooring throughout, a sleek kitchen and energy efficient windows that invite an abundance of natural light. Slider doors around create ideal flow to the outdoor living spaces that feel like an extension of the home. The outdoors greet with multiple lounging/entertaining areas, explosive mountain views, privacy, low maintenance turf and a sparkling pool/spa. Many updated systems include plumbing, electrical, landscape, pool, equipment and so much more... Located just a few minutes from all Palm Springs shopping, dining and nightlife, yet removed enough to hear the quiet and feel the desert energy. 492 E Simms Rd is ready for a buyer that seeks architectual integrity, modern amenities, style and convenience. Qualification requestied to view the property.

Last Agent to Sell the Property

Ryan Cummings

HK Lane Real Estate License #01415106 Listed on: 06/27/2022

Co-Listed By

John Moore

HK Lane Real Estate License #01923013

Last Buyer's Agent

Grace Katz

Coldwell Banker Realty License #02122265

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,911

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • Home has sun exposure from multiple directions
  • Sprinkler System

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Updated Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Fireplace in Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501032010

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,911

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces West, Leisure Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • List Price per Sq Ft: 816.62
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s), Pool
  • Year Built: 1963
  • Co Listing Office Address: 800 N Palm Canyon Dr, Suite D& E, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 832-6203
  • Listing I D: 219081075
  • Listing Office Address: 800 N Palm Canyon Dr, Suite D& E, Palm Springs, CA 92262
  • Listing Office Fax: (760) 832-6203
  • Selling Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Patio
  • Fireplace Features: Fire Pit
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Remodeled
  • Estimated Sq Ft: 1456.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501032010
  • Irrigation: Sprinkler System
  • Lot Size: 10019.00

Rental Info

  • Furnished: Unfurnished
  • 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
Jun 27, 2022
Closed on
Jul 11, 2022
Sold by
Verne Tollefson Jr Howard La
Bought by
Aria Irvani Trust
Seller's Agent
Ryan Cummings
HK Lane Real Estate
Buyer's Agent
Grace Katz
Coldwell Banker Realty
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Current Estimated Value
$1,132,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,111
Avg. Annual Appreciation
-1.29%
Original Mortgage
$700,000
Outstanding Balance
$670,645
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$384,633

Purchase Details

Listed on
Oct 19, 2017
Closed on
Apr 13, 2018
Sold by
Jb Holding Llc
Bought by
Tollefson Howard La Verne and Park Kyung S
Seller's Agent
Steven Lautenbach
Fathom Realty
Buyer's Agent
Richard Klas
Equity Union
List Price
$650,000
Sold Price
$607,900
Premium/Discount to List
-$42,100
-6.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.28%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Sakzlyan Jack
Bought by
Jb Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2008
Sold by
Sakzlyan Gayane
Bought by
Sakzlyan Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2008
Sold by
Hsbs Bank Usa Na
Bought by
Sakzlyan Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2007
Sold by
Watson Valencia
Bought by
Hsbc Bank Usa Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2006
Sold by
Provost Michael Leonard
Bought by
Brown Christine I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 18, 2006
Sold by
Brown Christine I
Bought by
Watson Valencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 31, 2006
Sold by
Provost Michael L
Bought by
Brown Christine I

Purchase Details

Closed on
Apr 14, 1997
Sold by
Parenti Russell L and Johnson Marc
Bought by
Provost Michael Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1994
Sold by
Zajc Robert A and Zajc Mildred R
Bought by
Parenti Russell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,892
Interest Rate
9.29%
Mortgage Type
FHA
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
Aria Irvani Trust $1,100,000 Chicago Title
Tollefson Howard La Verne $608,000 Fidelity National Title
Jb Holding Llc $325,000 Fidelity National Title
Sakzlyan Jack -- Fidelity National Title
Sakzlyan Jack $285,000 Fidelity National Title
Hsbc Bank Usa Na $451,050 None Available
Brown Christine I -- United Title Company
Watson Valencia $535,000 United Title Company
Brown Christine I $460,000 None Available
Provost Michael Leonard $110,500 Fidelity National Title Ins
Parenti Russell L -- Fidelity National Title Ins
Parenti Russell L $76,818 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aria Irvani Trust $700,000
Previous Owner Jb Holding Llc $227,500
Previous Owner Sakzlyan Jack $242,250
Previous Owner Brown Christine I $107,000
Previous Owner Watson Valencia $428,000
Previous Owner Provost Michael Leonard $88,400
Previous Owner Parenti Russell L $76,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,100,000 -7.5% $755 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,189,000 +95.6% $817 / Sq Ft
05/14/2018 05/14/18 Sold $607,900 +0.5% $418 / Sq Ft
03/14/2018 03/14/18 Price Changed $605,000 -0.8% $416 / Sq Ft
02/12/2018 02/12/18 Price Changed $610,000 -2.7% $419 / Sq Ft
01/22/2018 01/22/18 Price Changed $627,000 -1.3% $431 / Sq Ft
12/01/2017 12/01/17 Price Changed $635,000 -0.8% $436 / Sq Ft
10/31/2017 10/31/17 Price Changed $640,000 -1.5% $440 / Sq Ft
10/19/2017 10/19/17 For Sale $650,000 -- $446 / Sq Ft
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 $13,911 $1,144,440 $338,130 $806,310
2023 $13,911 $1,100,000 $325,000 $775,000
2022 $8,594 $651,788 $195,536 $456,252
2021 $8,419 $639,008 $191,702 $447,306
2020 $8,041 $632,457 $189,737 $442,720
2019 $7,901 $620,057 $186,017 $434,040
2018 $4,478 $338,130 $119,646 $218,484
2017 $4,660 $331,500 $117,300 $214,200
2016 $4,178 $316,222 $77,667 $238,555
2015 $4,006 $311,474 $76,501 $234,973
2014 $3,952 $305,374 $75,003 $230,371
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Cummings

    HK Lane Real Estate

  • J

    Seller Co-Listing Agent in 2022

    John Moore

    HK Lane Real Estate

  • Grace Katz

    Buyer's Agent in 2022

    Grace Katz

    Coldwell Banker Realty

    (760) 501-5747

    1 in this area

    42 Total Sales

    Grace Katz
    Section Image
  • Steven Lautenbach

    Seller's Agent in 2018

    Steven Lautenbach

    Fathom Realty

    (760) 501-1233

    19 Total Sales

    Steven Lautenbach
    Section Image
  • Richard Klas

    Buyer's Agent in 2018

    Richard Klas

    Equity Union

    (760) 831-4663

    29 Total Sales

    Richard Klas
    Section Image
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219081075

Greater Palm Springs Multiple Listing Service

APN: 501-032-010

California Riverside County Palm Springs 92262 Racquet Club Estates

492 E Simms Rd, Palm Springs, CA

This home is located at 492 E Simms Rd, Palm Springs, CA 92262 since 27 June 2022 and is currently estimated at $1,132,111, approximately $777 per square foot. This property was built in 1963. 492 E Simms Rd is a home located in Riverside County with nearby schools including Vista Del Monte 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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