NOT LISTED FOR SALE

Estimated Value: $982,774 - $1,017,000

2 Beds
2 Baths
1,553 Sq Ft
$642/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $699,000 $450 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,241/month

12 Days on Market

Highlights

  • Gated Parking
  • Mountain View
  • No HOA
  • Palm Springs High School Rated A-
  • Spanish Architecture
  • Laundry Room

About This Home

As of November 2020

Located a short walk from downtown, this 1937 Spanish Colonial Revival gem is perfect for those who appreciate the craftsmanship and the character you can only find in homes of this vintage. Expansive redwood beamed ceilings, saltillo tile floors, stained glass windows and a double-sided stone fireplace are just a few of the period details found in this beautiful home. The west facing backyard offers stunning mountain views and is the perfect setting to enjoy the incredible desert sunsets. And it's large enough for a custom pool and spa! This home is zoned R2 and was formerly used as a duplex. If you're looking for a piece of Palm Springs history that's close to the city center, you'll want to see this property. These beautiful homes don't come along very often, so make your appointment to see this beauty soon. All information stated is deemed to be accurate, but buyers are advised to verify details stated or otherwise prior to purchase.

Last Agent to Sell the Property

Geoffrey Moore

Town Real Estate License #01942291 Listed on: 09/25/2020

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,210

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • East Facing Home
  • Property is zoned R2

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,553 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 508-123-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,210

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Builders Tract Code: 7100
  • Living Area: 1553
  • Lot Acreage: 0.1400
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1937
  • Builders Tract Name: Warm Sands
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Appliances: Oven-Gas, Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Washer, Dryer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 450.10

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Uncovered, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning, Electric
  • Heating: Central, Electric

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 508-123-017
  • Lot Size Area: 6098

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Oct 9, 2020
Sold by
Haeberle Lance
Bought by
Stanley Heather and Baringer Airey
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
David Yun
Compass
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$996,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,944
Avg. Annual Appreciation
7.61%
Original Mortgage
$559,200
Outstanding Balance
$499,622
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$497,322

Purchase Details

Closed on
Feb 11, 2020
Sold by
Martin Michael L and Martin Deanna B
Bought by
Haeberle Lance

Purchase Details

Closed on
Jul 15, 1999
Sold by
Karp Michael and Karp Richard
Bought by
Martin Michael L and Martin Deanna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
7.7%
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
Stanley Heather $699,000 First American Title Company
Haeberle Lance $649,000 First American Title Company
Martin Michael L $130,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Heather $559,200
Previous Owner Martin Michael L $20,000
Previous Owner Martin Michael L $102,000
Previous Owner Martin Michael L $103,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $699,000 0.0% $450 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $699,000 -- $450 / 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 $10,210 $793,760 $189,425 $604,335
2023 $10,210 $762,939 $182,070 $580,869
2022 $9,954 $712,980 $178,500 $534,480
2021 $9,763 $699,000 $175,000 $524,000
2020 $2,929 $182,531 $42,149 $140,382
2019 $2,887 $178,953 $41,323 $137,630
2018 $2,844 $175,445 $40,514 $134,931
2017 $2,808 $172,006 $39,720 $132,286
2016 $2,719 $168,635 $38,942 $129,693
2015 $2,593 $166,104 $38,358 $127,746
2014 $2,504 $162,852 $37,607 $125,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-634540

The MLS

APN: 508-123-017