NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,283,221

2 Beds
2 Baths
1,455 Sq Ft
$848/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2021

Last sale price $1,060,000 $729 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,798 / mo

Highlights

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

About This Home

As of December 2024

Step into the enchanting world of 550 Miraleste Ct, a beautiful turnkey 2-bedroom, 2-bathroom gem in the highly sought-after El Mirador neighborhood of Central Palm Springs. This home exudes charm with its gorgeous kitchen, open living room illuminated by surrounding windows, and a skylight. The inviting outdoor breezeway, adorned with skylights, seamlessly connects indoor and outdoor living. Picture yourself unwinding by the private pool and spa or lounging in the covered gazebo, all while taking in the breathtaking views of the San Jacinto mountains. The property spans nearly half an acre, including an additional 10,000 sq ft vacant lot, offering endless possibilities. Imagine adding a guest house, casita, studio, or even a tennis court; your vision can become a reality. The home's 2-car garage, complete with a convenient storage loft, adds to the practicality of this stunning property. Situated just a short distance from downtown Palm Springs, you'll have easy access to vibrant shops, art galleries, coffee houses, restaurants, and Ruth Hardy Park. 550 Miraleste Ct isn't just a home; it's an opportunity to create your private oasis in a prime location. Don't miss the chance to make this unique property yours. Schedule a viewing today and experience the magic of 550 Miraleste Ct for yourself.

Last Agent to Rent the Property

Chase Owens

Coldwell Banker Realty License #02019767 Listed on: 10/10/2024

Coldwell Banker Realty

Co-Listed By

Michael Chen

Christie's International Real Estate SoCal License #01395954

Last Renter's Agent

Michael Chen

Compass License #01395954

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 20,038 Sq Ft Lot
  • South Facing Home
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,455 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $4,500
  • Tenant pays for water, electricity, gas, cable TV, pool service, gardener
  • Month-to-Month Lease Term
  • Assessor Parcel Number 507-030-039

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.46 Acres

Parking

2

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee
  • Lease Option: 1
  • Rent Excludes: The tenant is responsible for all utilities, including (Water, Electricity, Gas, Cable, Internet, Pool Service, and Landscape Se
  • Security Deposit: 4500
  • Tenant Pays: Water, Electricity, Gas, Cable TV, Pool Service, Gardener

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Exclusions: The tenant is responsible for all utilities, including (Water, Electricity, Gas, Cable, Internet, Pool Service, and Landscape Service) Tenant is required to obtain a renters insurance policy.
  • Lease Terms: Month To Month
  • Living Area: 1455
  • Lot Acreage: 0.4600
  • Stories: 1
  • Year Built: 1970
  • Builders Tract Name: El Mirador
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Inclusions: Furnishings per the inventory list
  • Price Per S Q F T: 3.09

Exterior Features

  • Direction Faces: South
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private, Heated
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Sewer: In Street Paid

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 507-030-039
  • Lot Location: Corner Lot
  • Lot Size Area: 20038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Chen Michael
Bought by
Miraleste Estate Llc
Current Estimated Value
$1,234,555

Purchase Details

Listed on
Mar 28, 2021
Closed on
Apr 26, 2021
Sold by
Ohara Mary P and Fabielli Roberto
Bought by
Chen Michael
Seller's Agent
Gary Pisula
Desert Lifestyle Properties
Buyer's Agent
Stephen Jacobs
Desert Lifestyle Properties
List Price
$929,000
Sold Price
$1,060,000
Premium/Discount to List
$131,000
14.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$738,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 20, 2019
Sold by
Smith J Crosby and Nelson Earl
Bought by
Hara Mary P O and Fabielli Roberto
Seller's Agent
Tim Schneider
Buyer's Agent
Gary Pisula
Desert Lifestyle Properties
List Price
$677,000
Sold Price
$675,000
Premium/Discount to List
-$2,000
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.24%

Purchase Details

Closed on
Feb 19, 2013
Sold by
Smith John Crosby
Bought by
Smith J Crosby and Nelson Earl

Purchase Details

Closed on
Mar 31, 2010
Sold by
Nelson Earl Gilbert
Bought by
Smith John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2010
Sold by
Gmac Mortgage Llc
Bought by
Smith John Crosby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2009
Sold by
Rogers Bruce
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Home Renaissance Group Llc
Bought by
Rogers G Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Mugge Joel D and Hamilton Adam
Bought by
Home Rennaisance Group Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Samson Linda
Bought by
Mugge Joel D and Hamilton Adam

Purchase Details

Closed on
Dec 7, 1995
Sold by
Zafuto Bronwyn and Enos Maurice Stanley
Bought by
Knapp James E and Knapp Helen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,735
Interest Rate
7.47%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miraleste Estate Llc -- Accommodation
Chen Michael $1,055,000 Orange Coast Title Insurance
Hara Mary P O $674,500 Orange Coast Title Company
Smith J Crosby -- None Available
Smith John C -- Chicago Title Company
Smith John Crosby $253,000 Chicago Title Company
Gmac Mortgage Llc $520,000 None Available
Rogers G Bruce $650,000 First American Title Company
Home Rennaisance Group Llc -- None Available
Mugge Joel D $469,000 First American Title Company
Knapp James E $74,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Michael $738,500
Previous Owner Smith John Crosby $202,400
Previous Owner Rogers G Bruce $520,000
Previous Owner Knapp James E $76,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2024 12/01/24 Rented $6,500 +44.4% --
10/10/2024 10/10/24 For Rent $4,500 0.0% --
05/26/2021 05/26/21 Sold $1,060,000 +14.1% $729 / Sq Ft View Prior Sale
04/07/2021 04/07/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $929,000 +37.6% $638 / Sq Ft
03/29/2019 03/29/19 Sold $675,000 -0.3% $464 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $677,000 -- $465 / Sq Ft
Source: The MLS

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 $14,500 $1,193,858 $344,892 $848,966
2023 $14,500 $1,147,500 $331,500 $816,000
2022 $14,796 $1,125,000 $325,000 $800,000
2021 $9,240 $695,632 $153,039 $542,593
2020 $8,824 $688,500 $151,470 $537,030
2019 $3,998 $306,634 $107,320 $199,314
2018 $3,924 $300,622 $105,216 $195,406
2017 $3,865 $294,728 $103,153 $191,575
2016 $3,754 $288,950 $101,131 $187,819
2015 $3,825 $284,612 $99,613 $184,999
2014 $3,839 $279,038 $97,662 $181,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-451449

The MLS

APN: 507-030-039

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