NOT LISTED FOR SALE

500 W Arenas Rd Unit 5 Palm Springs, CA 92262

Historic Tennis Club Neighborhood

Estimated Value: $536,358 - $669,000

2 Beds
2 Baths
1,244 Sq Ft
1,307 Sq Ft Lot

Last Sold May 30, 2017

Last sale price $300,000 $241 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,602/month

402 Days on Market

About This Home

As of May 2017

Cash Generating Vacation Rental for the last 6 years! Perfectly priced Mid Century modern condo in the Tennis Club neighborhood. Outstanding views of Tahquitz Canyon and the San Jacinto mountains from your own deck. The "500 West" is an exclusive, gated 10 unit resort style living in the heart of the village of Palm Springs. Two spacious master bedroom suites open on to the living room. The kitchen is separate with a small eating area. This original upstairs unit is tucked away in the corner but looks out over the pool/spa with the mountains beyond. Make this sought after location yours. HOA fees cover trash, water and roof.

Last Agent to Sell the Property

Sandra Quinn

Realty Trust License #01391280 Listed on: 12/04/2015

Last Buyer's Agent

Sandra Quinn

Realty Trust License #01391280 Listed on: 12/04/2015

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,404

Year Built

1970

Lot Details

0

Listing Details

  • Active Date: 2016-12-04
  • Full Bathroom: 2
  • Building Size: 1244.0
  • Building Structure Style: Mid Century
  • Driving Directions: From Palm Canyon turn west on Arenas. Down two blocks on the right.Park in #E parking spot.
  • Full Street Address: 500 W ARENAS RD
  • Land Lease Purchase: Yes
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2017-05-30
  • Property Condition: Fixer
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 2
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Bathroom Features: Shower Over Tub
  • Bedroom Features: Master Suite
  • Eating Areas: Breakfast Area, Dining Area
  • Appliances: Built-In Electric, Cooktop - Electric, Range Hood
  • Advertising Remarks: Listing agent, Sandra Quinn, (760) 861-5150, Berkshire Hathaway HomeServices California Properties. Cash Generating Vacation Rental for the last 6 years! Perfectly priced Mid Century modern condo in the Tennis Club neighborhood. Outstanding views of Tahq
  • Total Bedrooms: 2
  • Builders Tract Code: 5860
  • Builders Tract Name: TENNIS CLUB
  • Fireplace: No
  • Land Lease Amount Per Year: 1180.0
  • Land Lease Expiration Year: 2046
  • Levels: One Level
  • Spa: Yes
  • Interior Amenities: Living Room Balcony
  • Appliances: Recirculated Exhaust Fan, Washer
  • Floor Material: Carpet, Linoleum
  • Kitchen Features: Formica Counters
  • Laundry: In Kitchen
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached
  • Direction Faces: Faces South, Faces West
  • Construction: Stucco
  • Other Features: Balcony
  • Patio: Covered Porch
  • Water: District/Public

Garage/Parking

  • Other Spaces: 1
  • Total Parking Spaces: 1
  • Parking Features: Uncovered
  • Parking Type: Assigned, Parking Space

Utilities

  • Sewer: In, Connected & Paid
  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Type: Forced Air
  • Security: Carbon Monoxide Detector(s), Community, Gated Community

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash Paid, Water Paid
  • Association Rules: Call for Rules
  • Association Name: The 500
  • HOA Fees: 325.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
John P Mcenery Iii Revocable Trust and Mcenery John P
Bought by
Palm Springs Llc
Current Estimated Value
$616,840

Purchase Details

Closed on
May 23, 2019
Sold by
Cunningham Lindsay Miller
Bought by
Mcenery John P

Purchase Details

Closed on
Mar 27, 2018
Sold by
Cunningham Joshua
Bought by
Cunningham Lindsay Miller

Purchase Details

Closed on
Feb 20, 2003
Sold by
Levine Joan
Bought by
Levine Joan C
Source: Public Records

Range of Values:

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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
Palm Springs Llc $585,000 First American Title
Mcenery John P $85,000 First American Title Co
Cunningham Lindsay Miller -- None Available
Levine Joan C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $300,000 -13.0% $241 / Sq Ft
12/04/2016 12/04/16 For Sale $345,000 +15.0% $277 / Sq Ft
12/03/2016 12/03/16 Off Market $300,000 -- --
06/30/2016 06/30/16 Price Changed $345,000 -10.4% $277 / Sq Ft
05/31/2016 05/31/16 Price Changed $385,000 -3.5% $309 / Sq Ft
01/19/2016 01/19/16 Price Changed $399,000 -9.1% $321 / Sq Ft
12/22/2015 12/22/15 Price Changed $439,000 -6.4% $353 / Sq Ft
12/04/2015 12/04/15 For Sale $469,000 -- $377 / 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 $4,404 $348,169 $104,449 $243,720
2023 $4,404 $334,651 $100,394 $234,257
2022 $4,490 $328,090 $98,426 $229,664
2021 $4,402 $321,658 $96,497 $225,161
2020 $4,210 $318,361 $95,508 $222,853
2019 $4,140 $312,120 $93,636 $218,484
2018 $4,065 $306,000 $91,800 $214,200
2017 $3,443 $254,845 $64,906 $189,939
2016 $3,347 $249,849 $63,634 $186,215
2015 $3,209 $246,098 $62,679 $183,419
2014 $3,084 $235,000 $60,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Sandra Quinn

    Seller's Agent in 2017

    Sandra Quinn

    Realty Trust

    (760) 861-5150

    23 in this area

    107 Total Sales

    Sandra Quinn
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Map

Source: The MLS

MLS Number: 15-962585PS

The MLS

APN: 513-501-005

California Riverside County Palm Springs 92262 Historic Tennis Club

500 W Arenas Rd Unit 5, Palm Springs, CA

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