NOT LISTED FOR SALE

Estimated Value: $868,481 - $1,013,000

3 Beds
2 Baths
1,225 Sq Ft
$767/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $475,000 $388 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,536/month

53 Days on Market

Highlights

  • Gunite Pool
  • Mountain View
  • Covered Patio or Porch
  • Palm Springs High School Rated A-
  • No HOA
  • 4-minute walk to Victoria Park

About This Home

As of October 2015

historically iconic Alexander mid-century home in the Racquet Club Estates, with a fair amount of celebrity history. There is a high demand for these homes and this one is receptive for those creative, personal modifications that fit the new owner. At night, from the back yard pool, through the palm trees you can see the lighted tram trolleys skittering up Mt San Jacinto. Master bathroom has a sunken tub. Gorgeous tongue and groove ceilings between the awesome beams... a rare opportunity.

Last Agent to Sell the Property

Mark Hughes

Terrapin Trails Real Estate License #00928833 Listed on: 07/08/2015

Last Buyer's Agent

Jeff Blacker

Compass License #01711459

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,618

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Sprinklers on Timer

Parking

  • 2 Car Garage

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Gunite Pool
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 5140
  • Assessor Parcel Number 501061014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,618

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: 43 @ Racquet Club (33139)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 501061014
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1225.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 387.76
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Covered, Concrete
  • Pool Features: Gunite
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Cul-De-Sac, Sprinklers Timer
  • Lot Size Sq Ft: 10454.00
  • Price Per Lot Square Foot: 45.44
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 5140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Sep 9, 2015
Sold by
Landon Josh Fraser
Bought by
Pecache Jason and Adams Harold Brent
Seller's Agent
Mark Hughes
Terrapin Trails Real Estate
Buyer's Agent
Jeff Blacker
Compass
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Current Estimated Value
$940,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,120
Avg. Annual Appreciation
7.08%
Original Mortgage
$352,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Sold by
Lake Dodie Fraser and Landon Dodie Fraser
Bought by
Lake Dodie Fraser and The Dodie Fraser Lake Revocable Trust
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
Pecache Jason $450,000 Lawyers Title
Lake Dodie Fraser -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pecache Jason $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $475,000 -4.0% $388 / Sq Ft
08/30/2015 08/30/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $495,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,618 $532,701 $159,809 $372,892
2023 $6,618 $512,017 $153,604 $358,413
2022 $6,750 $501,979 $150,593 $351,386
2021 $6,615 $492,138 $147,641 $344,497
2020 $6,321 $487,093 $146,128 $340,965
2019 $6,213 $477,543 $143,263 $334,280
2018 $6,098 $468,180 $140,454 $327,726
2017 $6,009 $459,000 $137,700 $321,300
2016 $5,835 $450,000 $135,000 $315,000
2015 $830 $56,133 $9,497 $46,636
2014 $800 $55,035 $9,312 $45,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT15148392

California Regional Multiple Listing Service (CRMLS)

APN: 501-061-014