NOT LISTED FOR SALE

505 N Monterey Rd Palm Springs, CA 92262

Oasis del Sol Neighborhood

Estimated Value: $689,000 - $1,012,000

3 Beds
2 Baths
1,848 Sq Ft
$488/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $590,000 $319 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,312/month

15 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Corner Lot
  • Palm Springs High School Rated A-
  • Mountain View
  • Den

About This Home

As of November 2018

Calling all Mid-Century Flippers!!! Or better yet, buy for yourself and make this home your own. Rare opportunity on this large 1848 sq ft 3 bedrooms plus office or den home in super desirable Sunrise Park. Easily combine the den and rear bedroom and combine to create a huge master suite in the rear of the home opening to the very private garden area with mountain views. So much potential here, and the yard is already incredible. Private circular driveway, large corner lot, 2-car garage, HUGE pool, and amazing brick patio area near pool, and tons of private. Would make a fantastic rental too with some updating. Dont need much imagination on this one, and even has some mountain views!!!.

Last Agent to Sell the Property

Chuck Bennett

HK Lane Real Estate License #00918000 Listed on: 09/20/2018

Last Buyer's Agent

Jeff Litton

HomeSmart License #00861820

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Corner Lot

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Living Room with Fireplace
  • Den
  • Mountain Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Guest Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Gazebo
  • Ground Level

Community Details

  • Sunrise Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 507373011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,114

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Sunrise Park
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 281.33
  • Lp Sp Ratio: 1.1348
  • View Type: Mountain(s)
  • Year Built: 1960
  • Listing I D: 218026010
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Member Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Member Fax: (760) 778-1490
  • Selling Office Address: 601 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Street Direction: N
  • Land Type: Fee
  • Subdivision: Sunrise Park
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Exhaust Fan, Gas Cooktop
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Fireplace Features: Brick
  • Flooring: Carpet, Tile
  • Bedroom Features: Main Floor Master Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Tile Shower
  • Half Bathrooms: 2
  • Total Bathrooms: 2.00
  • Kitchen Features: Tile Counters
  • Laundry: In Kitchen
  • Estimated Sq Ft: 1848.00

Exterior Features

  • Construction: Stucco
  • Other Structures: Gazebo
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Assessor Parcel Number: 507373011
  • Lot Acres: 0.2400
  • Lot Location: Corner Lot
  • Lot Size: 10454.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 12, 2018
Sold by
Stephens Noelle
Bought by
Diederichs Philip
Seller's Agent
Chuck Bennett
HK Lane Real Estate
Buyer's Agent
Jeff Litton
HomeSmart
List Price
$519,900
Sold Price
$590,000
Premium/Discount to List
$70,100
13.48%
Total Days on Market
15
Current Estimated Value
$850,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,874
Avg. Annual Appreciation
6.45%
Original Mortgage
$453,100
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2000
Sold by
James Anne
Bought by
James Anne and Anne James Living Trust

Purchase Details

Closed on
Feb 22, 1999
Sold by
Beeman Donn D Living Trust and John Michael
Bought by
James Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.7%
Source: Public Records

Range of Values:

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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
Diederichs Philip $590,000 Fidelity National Title
James Anne -- --
James Anne $120,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diederichs Philip $448,000
Closed Diederichs Philip $453,100
Previous Owner James Anne $38,000
Previous Owner James Anne $500,000
Previous Owner James Anne $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $590,000 +13.5% $319 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $519,900 -- $281 / Sq Ft
Source: California Desert 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 $8,114 $658,151 $83,661 $574,490
2023 $8,114 $632,596 $80,413 $552,183
2022 $8,276 $620,193 $78,837 $541,356
2021 $8,110 $608,034 $77,292 $530,742
2020 $7,747 $601,800 $76,500 $525,300
2019 $7,614 $590,000 $75,000 $515,000
2018 $2,683 $201,075 $34,437 $166,638
2017 $2,643 $197,133 $33,762 $163,371
2016 $2,569 $193,268 $33,100 $160,168
2015 $2,455 $190,366 $32,603 $157,763
2014 $2,411 $186,639 $31,965 $154,674
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chuck Bennett

    HK Lane Real Estate

  • Jeff Litton

    Buyer's Agent in 2018

    Jeff Litton

    HomeSmart

    (760) 408-3883

    2 in this area

    154 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218026010

California Desert Association of REALTORS®

APN: 507-373-011

California Riverside County Palm Springs 92262 Oasis del Sol

505 N Monterey Rd, Palm Springs, CA

This home is located at 505 N Monterey Rd, Palm Springs, CA 92262 since 20 September 2018 and is currently estimated at $902,213, approximately $488 per square foot. This property was built in 1960. 505 N Monterey Rd is a home located in Riverside County with nearby schools including Katherine Finchy 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.

California Desert Association of REALTORS® 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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