NOT LISTED FOR SALE

5117 E Lakeside Dr Palm Springs, CA 92264

Estimated Value: $1,137,042 - $1,548,000

3 Beds
2 Baths
1,781 Sq Ft
$719/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $765,000 $430 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,828/month

Highlights

  • On Golf Course
  • Art Studio
  • RV Access or Parking
  • Palm Springs High School Rated A-
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of February 2020

A MIDCENTURY home on the Tahquitz Creek Golf Course in South Palm Springs on Fee land. Remodeled in the late 90's and rebuilt with vaulted T&G wood ceilings and dual-paned Marvin doors/windows. The open space great room features a fireplace and living room on one end: custom kitchen with SubZero frig on the other all looking onto the golf course. The master bedroom also looks onto the golf course and its bath features a large walk in shower and soaking tub. One of the bedrooms is a wall-to-wall library which folds back to reveal a queen murphy bed. A detached 720 sq. ft. permitted room waits your finishing touchesCasita? (architect's casita plans come with purchase.) Art studio? Mega garage? VRBO? Permitted room has its own entrance, driveway and electric panel. The whole property is a stunning xeriscape of desert plantings leading to a completely new pool/spa entertainment area with outdoor shower. The perfect home - inside and outside - to live the Palm Springs lifestyle.

Last Agent to Sell the Property

Jeff Palmer

Bennion Deville Homes License #01826978 Listed on: 01/07/2020

Bennion Deville Homes

Last Buyer's Agent

Jeff Palmer

Bennion Deville Homes License #01826978 Listed on: 01/07/2020

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,242

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • On Golf Course
  • Block Wall Fence
  • Drip System Landscaping
  • Property is zoned R1C

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Attached Carport
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Golf Course
  • Desert
  • Hills

Home Design

  • Contemporary Architecture
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,781 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Art Studio
  • Ceramic Tile Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Studio bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 681-233-007

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,242

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 6980
  • Entry Location: Living Room
  • Living Area: 1781
  • Stories: 1
  • Year Built: 1962
  • Builders Tract Name: Tahquitz Creek Golf
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Open Floor Plan
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Ceramic Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 431.78
  • Windows: Custom Window Covering, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Fence: Block
  • Pool Description: Private
  • Pool: Yes
  • Roof: Concrete, Tile
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Desert, Golf Course, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Carport Attached, Driveway - Concrete, Garage - 2 Car, RV Access, Workshop

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central, Forced Air
  • Sewer: In Street Paid
  • Water: District

Association/Amenities

  • Community Features: Golf Course within Development

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: 681-233-007
  • Geocode Override: No
  • Lot Location: On Golf Course
  • Lot Size Area: 13504

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Frazier Karl R
Bought by
5117 Lakeside Llc
Current Estimated Value
$1,280,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2020
Sold by
Frazier Karl
Bought by
5117 Lakeside Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2020
Sold by
Frazier Karl R and Rice Garrett Lee
Bought by
5117 Lakeside Llc

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 13, 2020
Sold by
Bratton James T and Tait Andrew P
Bought by
Frazier Karl R and Rice Garrett Lee
Seller's Agent
Jeff Palmer
Bennion Deville Homes
Buyer's Agent
Jeff Palmer
Bennion Deville Homes
List Price
$769,000
Sold Price
$765,000
Premium/Discount to List
-$4,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$497,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2015
Closed on
Mar 8, 2016
Sold by
Thompson Fred B and Thompson Kathryn L
Bought by
Bratton James T and Tait Andrew P
Seller's Agent
Billy Woomer
RPAC
Buyer's Agent
Jeff Palmer
Bennion Deville Homes
List Price
$638,000
Sold Price
$591,000
Premium/Discount to List
-$47,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$399,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2011
Sold by
Thompson Fred B
Bought by
Thompson Fred B and Thompson Kathryn L

Purchase Details

Closed on
Sep 23, 1997
Sold by
Martin Stephen J
Bought by
Thompson Fred B and Picoy Kathy Mintz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 1997
Sold by
Martin John A and Martin Jack W
Bought by
Martin Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1994
Sold by
Rosenberg Richard A
Bought by
Martin John Andrew
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
5117 Lakeside Llc -- --
Frazier Karl R -- None Available
5117 Lakeside Llc -- Pacific Coast Title
Frazier Karl -- None Available
Frazier Karl -- Orange Coast Title Company
5117 Lakeside Llc -- None Available
Frazier Karl R $765,000 Orange Coast Title Company
Bratton James T $591,000 Chicago Title
Thompson Fred B -- None Available
Thompson Fred B $146,000 Gateway Title Company
Martin Stephen J -- Gateway Title
Martin Stephen J -- --
Martin John Andrew $188,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazier Karl $508,000
Previous Owner Frazier Karl R $497,250
Previous Owner Bratton James T $399,000
Previous Owner Thompson Fred B $236,500
Previous Owner Thompson Fred B $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $765,000 -0.5% $430 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $769,000 +30.1% $432 / Sq Ft
03/31/2016 03/31/16 Sold $591,000 -1.3% $332 / Sq Ft
03/06/2016 03/06/16 Pending -- -- --
01/28/2016 01/28/16 Price Changed $599,000 -6.1% $336 / Sq Ft
11/13/2015 11/13/15 For Sale $638,000 -- $358 / 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 $10,242 $836,634 $114,830 $721,804
2023 $10,242 $850,000 $255,000 $595,000
2022 $10,448 $788,381 $108,208 $680,173
2021 $10,237 $772,924 $106,087 $666,837
2020 $8,659 $682,163 $223,899 $458,264
2019 $8,508 $668,788 $219,509 $449,279
2018 $8,347 $655,675 $215,206 $440,469
2017 $8,222 $642,820 $210,987 $431,833
2016 $2,837 $214,923 $80,919 $134,004
2015 $2,713 $211,696 $79,704 $131,992
2014 $2,668 $207,551 $78,144 $129,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-537940

The MLS

APN: 681-233-007