500 W Arenas Rd Unit 1 Palm Springs, CA 92262
Historic Tennis Club Neighborhood
2
Beds
2.5
Baths
1,432
Sq Ft
$556/mo
HOA Fee
Highlights
- In Ground Pool
- Gated Community
- Mountain View
- Palm Springs High School Rated A-
- Midcentury Modern Architecture
- End Unit
About This Home
As of August 2024Step into the heart of Palm Springs' architectural renaissance with this stunning mid-century gem. Designed by visionary Herbert W. Burns, a pioneer of the Desert Modernism movement, this architectural masterpiece is a testament to the city's rich history. Fabulous Mid-Century Architecture: Embrace the timeless elegance of mid-century design with clean lines and striking accents that define this remarkable property. Wake up to breathtaking views of the majestic mountains every day, right from your own balcony. Amazing Downtown Location: Located just a block and a half from the vibrant downtown area, you'll be at the heart of the action, with great restaurants, shopping, casinos, and outdoor activities right at your doorstep. Resort-Style Living: Dive into the refreshing pool and relax in the spa, just steps away from your front door. Property Details: This unique condo offers a two-level townhouse style layout with two spacious bedrooms and two baths on the upper level, accessible via a mod spiral staircase. The main level features a generous living and dining area, perfect for entertaining, along with a convenient powder room. The kitchen is both spacious and functional, offering ample storage for all your culinary needs. Step outside to your private downstairs patio for a more secluded escape or head up to the balcony to soak in the stunning views of the mountains and pool area. The roof and skylights are new as of December 2023. This unit is being offered furnished, so you can move in and start enjoying the Palm Springs lifestyle immediately. Named after the historic "The Tennis Club Resort," this neighborhood is steeped in Palm Springs history, and you'll be part of it! This is your chance to own a piece of architectural history and be a part of the ongoing preservation revolution that has made Palm Springs a global architectural icon. Experience true Palm Springs living at 500 W. Arenas - where mid-century dreams become reality!
Last Agent to Sell the Property
Desert Lifestyle Properties License #01704307 Listed on: 08/19/2024
Last Buyer's Agent
Michael Larson
Desert Lifestyle Properties License #01416326
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,554
Year Built
- Built in 1970
Lot Details
- End Unit
- West Facing Home
- Gated Home
HOA Fees
- $556 Monthly HOA Fees
Home Design
- Midcentury Modern Architecture
- Stucco
Interior Spaces
- 1,432 Sq Ft Home
- 2-Story Property
- Furnished
- Living Room
- Dining Area
- Mountain Views
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Powder Room
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 1 Open Parking Space
- 1 Parking Space
- Assigned Parking
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 513-501-001
Community Details
Overview
- Association fees include trash, water
- 10 Units
- Community Association Financial Services Association
Recreation
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2024
Closed on
Jul 23, 2024
Sold by
Smith Matthew W and Cooke Alison D
Bought by
Jay Emerson Davis Family Trust and Davis
Seller's Agent
Randall Wiemer
Desert Lifestyle Properties
Buyer's Agent
Michael Larson
Desert Lifestyle Properties
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,447
Avg. Annual Appreciation
-1.62%
Purchase Details
Closed on
Mar 10, 2010
Sold by
Rk Miller Investment Company
Bought by
Smith Matthew W and Cooke Alison D
Purchase Details
Closed on
Feb 16, 2010
Sold by
Rl Miller Investment Company
Bought by
Smith Matthew W and Cooke Alison D
Similar Homes in Palm Springs, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $785,000 | First American Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $75,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $57,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $785,000 | 0.0% | $548 / Sq Ft |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $785,000 | -- | $548 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $4,554 | $1,335,000 | $235,000 | $1,100,000 |
| 2023 | $4,554 | $346,724 | $86,636 | $260,088 |
| 2022 | $4,643 | $339,927 | $84,938 | $254,989 |
| 2021 | $4,552 | $333,263 | $83,273 | $249,990 |
| 2020 | $4,352 | $329,847 | $82,420 | $247,427 |
| 2019 | $4,280 | $323,380 | $80,804 | $242,576 |
| 2018 | $4,203 | $317,040 | $79,220 | $237,820 |
| 2017 | $4,144 | $310,824 | $77,667 | $233,157 |
| 2016 | $4,027 | $304,731 | $76,145 | $228,586 |
| 2015 | $3,863 | $300,155 | $75,002 | $225,153 |
| 2014 | $3,622 | $279,000 | $70,000 | $209,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Randall Wiemer
Desert Lifestyle Properties
(760) 333-7747
2 in this area
60 Total Sales
-
M
Buyer's Agent in 2024
Michael Larson
Desert Lifestyle Properties
Map
Source: The MLS
MLS Number: 24-429621
APN: 513-501-001
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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