NOT LISTED FOR SALE

53 E Gem Cir Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $784,000 - $1,048,000

3 Beds
2 Baths
1,528 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $560,000 $366 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,464/month

1 Day on Market

About This Home

As of June 2015

THIS IS THE NEWEST BEAUTY OF RACQUET CLUB ESTATES NEIGHBORHOOD. MID CENTURY MODERN ARCHITECTURE BUILT BY ALEXANDER CONSTRUCTION & DESIGNED BY WILLIAM KRISEL. THIS 3 BEDROOM 2 BATH UPDATED MID CENTURY IS GREAT FOR ENTERTAINING WITH ITS EXPANDED SQUARE FOOTAGE AND BEAUTIFUL FEATURES IN THE BACKYARD OASIS. GREAT FOR CASH GENERATING AS A VACATION RENTAL PROPERTY OR SOMEONE THAT JUST WANTS THIS BEAUTY FOR THEMSELVES.

Last Agent to Sell the Property

Clay Baham

BD Homes-The Paul Kaplan Group License #01055122 Listed on: 05/05/2015

Last Buyer's Agent

Clay Baham

BD Homes-The Paul Kaplan Group License #01055122 Listed on: 05/05/2015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,206

Year Built

1962

Lot Details

0

Listing Details

  • Active Date: 2015-05-05
  • Full Bathroom: 2
  • Building Size: 1528.0
  • Building Structure Style: Mid Century
  • Driving Directions: Off Racquet Club, North on Aurora, turn left on Gem Circle, Cul-De-Sac.
  • Full Street Address: 53 E GEM CIR
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered
  • Primary Object Modification Timestamp: 2015-06-12
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1962

Interior Features

  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Range
  • Advertising Remarks: THIS IS THE NEWEST BEAUTY OF RACQUET CLUB ESTATES NEIGHBORHOOD. MID CENTURY MODERN ARCHITECTURE BUILT BY ALEXANDER CONSTRUCTION & DESIGNED BY WILLIAM KRISEL. THIS 3 BEDROOM 2 BATH UPDATED MID CENTURY IS GREAT FOR ENTERTAINING WITH ITS EXPANDED SQUARE FOOT
  • Total Bedrooms: 3
  • Builders Tract Code: 5140
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: Yes
  • Interior Amenities: Laundry - Closet Stacked
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Ceramic Tile
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10454
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Type: Carport Attached

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Fireplace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2016
Sold by
Spina Dominick and Allen Kirk Nelson
Bought by
Spina Dominick
Current Estimated Value
$878,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$333,879
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$545,013

Purchase Details

Listed on
May 5, 2015
Closed on
May 12, 2015
Sold by
Goldstar Enterprises Inc
Bought by
Spina Dominick and Allen Kirk Nelson
Seller's Agent
Clay Baham
BD Homes-The Paul Kaplan Group
Buyer's Agent
Clay Baham
BD Homes-The Paul Kaplan Group
List Price
$569,000
Sold Price
$560,000
Premium/Discount to List
-$9,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2014
Sold by
Marrujo Gilbert Marc
Bought by
Goldstar Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2010
Sold by
Davis William D and Davis Donna C
Bought by
Marrujo Gilbert Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Davis William D and Davis Donna C
Bought by
Davis William D and Davis Donna C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Spina Dominick -- North American Title Company
Spina Dominick $560,000 Orange Coast Title
Goldstar Enterprises Inc $425,000 Orange Coast Title Company
Marrujo Gilbert Marc $350,000 Lawyers Title
Davis William D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spina Dominick $417,000
Closed Spina Dominick $417,000
Previous Owner Goldstar Enterprises Inc $1,000,000
Previous Owner Marrujo Gilbert Marc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $560,000 -1.6% $366 / Sq Ft
05/05/2015 05/05/15 For Sale $569,000 -- $372 / 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 $8,206 $673,026 $201,907 $471,119
2023 $8,206 $646,894 $194,068 $452,826
2022 $8,367 $634,211 $190,263 $443,948
2021 $8,287 $621,777 $186,533 $435,244
2020 $7,916 $615,403 $184,621 $430,782
2019 $7,780 $603,337 $181,001 $422,336
2018 $7,635 $591,507 $177,452 $414,055
2017 $7,435 $579,910 $173,973 $405,937
2016 $7,303 $568,540 $170,562 $397,978
2015 $5,380 $425,000 $127,500 $297,500
2014 -- $368,544 $92,135 $276,409
Source: Public Records

Agents Affiliated with this Home

  • Clay Baham

    Seller's Agent in 2015

    Clay Baham

    BD Homes-The Paul Kaplan Group

    (760) 408-4563

    2 in this area

    36 Total Sales

    Clay Baham
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Map

Source: The MLS

MLS Number: 15-902575PS

The MLS

APN: 501-081-013

California Riverside County Palm Springs 92262 Racquet Club Estates

53 E Gem Cir, Palm Springs, CA

This home is located at 53 E Gem Cir, Palm Springs, CA 92262 since 05 May 2015 and is currently estimated at $878,892, approximately $575 per square foot. This property was built in 1962. 53 E Gem Cir is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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