Seller's Agent in 2024
Edwin Carneal
LTF Real Estate Services
(714) 396-3767
1 in this area
7 Total Sales
505 E Molino Rd Palm Springs, CA 92262
Racquet Club Estates NeighborhoodEstimated Value: $885,000 - $1,162,000
3
Beds
2
Baths
1,456
Sq Ft
$669/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Filtered Pool
- Main Floor Bedroom
- Palm Springs High School Rated A-
- Mountain View
- Attic
About This Home
As of March 2024Perfect opportunity for investors, developers and/or flippers. This home is located in the desirable area of Racquet Club Estates. It could use some TLC to restore it to its original glory. Surounded by the majectic mountans and located close to downtown, filled with incredible stores, shops and entertainment. Don't miss out. This one won't last. Property is to be sold "as is" so you will want to be diligent in your research and inspection of the property.
Last Agent to Sell the Property
LTF Real Estate Services License #01930709 Listed on: 12/29/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,273
Year Built
- Built in 1963
Lot Details
- 0.25 Acre Lot
- Rectangular Lot
- Garden
- Back and Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned R1C
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
Home Design
- Entry on the 1st floor
- Asphalt Roof
- Pre-Cast Concrete Construction
- Asphalt
Interior Spaces
- 1,456 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Drapes & Rods
- Family Room Off Kitchen
- Living Room
- Mountain Views
- Attic
Kitchen
- Open to Family Room
- Self-Cleaning Oven
- Free-Standing Range
- Microwave
- Ice Maker
- Laminate Countertops
- Pots and Pans Drawers
Flooring
- Laminate
- Concrete
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Filtered Pool
- In Ground Pool
- Pool Tile
Schools
- Vista Del Monte Elementary School
- Raymond Cree Middle School
- Palm Springs High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Source of electricity is unknown
- High-Efficiency Water Heater
- Gas Water Heater
- Phone Connected
- Satellite Dish
- Cable TV Available
- TV Antenna
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 2085
- Assessor Parcel Number 501032006
- $268 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 43 @ Racquet Club Subdivision
Recreation
- Golf Course Community
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Feb 27, 2024
Sold by
Mazur John
Bought by
Aaak Llc
Seller's Agent
Edwin Carneal
LTF Real Estate Services
Buyer's Agent
Fardad Siavoshi
Fardad Siavoshi Real Estate
List Price
$724,900
Sold Price
$650,000
Premium/Discount to List
-$74,900
-10.33%
Views
24
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
$324,257
Avg. Annual Appreciation
30.51%
Original Mortgage
$682,500
Outstanding Balance
$671,929
Interest Rate
6.69%
Mortgage Type
Construction
Estimated Equity
$302,328
Purchase Details
Closed on
Dec 27, 2005
Sold by
Wright Wayne
Bought by
Mazur John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 12, 2000
Sold by
Zuvich Laura L
Bought by
Wright Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 1996
Sold by
Carey Robert E and Zuvich Laura L
Bought by
Zuvich Laura L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aaak Llc | $650,000 | Chicago Title | |
| Mazur John | $156,000 | Stewart Title Riverside | |
| Wright Wayne | $156,000 | Chicago Title Co | |
| Zuvich Laura L | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aaak Llc | $682,500 | |
| Previous Owner | Mazur John | $214,370 | |
| Previous Owner | Mazur John | $227,200 | |
| Previous Owner | Mazur John | $230,000 | |
| Previous Owner | Mazur John | $181,650 | |
| Previous Owner | Mazur John R | $187,500 | |
| Previous Owner | Mazur John | $156,000 | |
| Previous Owner | Wright Wayne | $46,500 | |
| Previous Owner | Zuvich Laura L | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $650,000 | -10.3% | $446 / Sq Ft |
| 02/21/2024 02/21/24 | For Sale | $724,900 | 0.0% | $498 / Sq Ft |
| 01/05/2024 01/05/24 | Pending | -- | -- | -- |
| 12/29/2023 12/29/23 | For Sale | $724,900 | -- | $498 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,273 | $663,000 | $331,500 | $331,500 |
| 2023 | $7,273 | $564,794 | $177,316 | $387,478 |
| 2022 | $7,418 | $553,721 | $173,840 | $379,881 |
| 2021 | $7,269 | $542,865 | $170,432 | $372,433 |
| 2020 | $6,945 | $537,300 | $168,685 | $368,615 |
| 2019 | $6,826 | $526,766 | $165,378 | $361,388 |
| 2018 | $6,699 | $516,438 | $162,136 | $354,302 |
| 2017 | $6,322 | $484,000 | $152,000 | $332,000 |
| 2016 | $5,402 | $415,000 | $130,000 | $285,000 |
| 2015 | $5,235 | $413,000 | $130,000 | $283,000 |
| 2014 | $4,976 | $389,000 | $122,000 | $267,000 |
Source: Public Records
Agents Affiliated with this Home
-
Edwin Carneal
-
Fardad Siavoshi
Buyer's Agent in 2024
Fardad Siavoshi
Fardad Siavoshi Real Estate
(714) 235-0239
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23231333
APN: 501-032-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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