NOT LISTED FOR SALE

Estimated Value: $1,634,000 - $1,817,247

3 Beds
2 Baths
1,966 Sq Ft
$870/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $1,480,000 $753 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,720/month

9 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Minnie Gant Elementary School Rated A
  • Updated Kitchen
  • Midcentury Modern Architecture

About This Home

As of February 2021

5576 Oleta is a distinct Palm Springs Contemporary Pool Home strikingly sited along a serene and tree-lined street within the unrivaled neighborhood of Park Estates. A decade long passion project of meticulous caretakers, the extensive and thorough renovations are complete, and your elevated entertaining awaits. With its exceptionally integrated flow and walls of glass, the connection between indoors and outdoors is exquisite, and the result is a So Cal fantasy. Imagine a home where life is centered around your grand pool and spa; your primary bedroom connects to your spa through sliding walls of glass, your kitchen and dining room connect to your pool deck though an entire wall of glazing, your guest bath is perfectly positioned poolside for entertaining ease. Not only does this home perfectly capture the essence of a dreamy pool home, but it is completely updated: copper plumbing, updated electrical, modern concrete tile roof, Jeld-Wen premium aluminum windows, 2 tankless water heaters, updated HVAC system, fresh CAT-5 AV system with wired surround sound and in-ceiling speakers, sewer liner. As if this home were not already a perfect 10, both bathrooms and the kitchen have benefitted from cutting-edge updates: jetted whirlpool tub, rain shower, double vanity with wall-mounted faucets, Caesarstone countertops, modern cabinetry, painted glass backsplash, Electrolux appliance suite. For additional details, including a 3D tour, please visit www.5576EastOleta.com/?mls

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 12/29/2020

eXp Realty of California Inc

Co-Listed By

Torey Carrick

eXp Realty of California Inc License #01878468

Last Buyer's Agent

Geoffrey Rudy

Keller Williams Pacific Estate License #01455475

Keller Williams Pacific Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 7,909 Sq Ft Lot
  • Wood Fence
  • Stucco Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned LBR1N

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Accessible Parking
  • Concrete Porch or Patio
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • Park Estates HOA, Phone Number (562) 498-3383
  • Park Estates Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 15545
  • Assessor Parcel Number 7240025006

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer, Dryer Cabinet, Ironing Center, A/V Equipment, Bidet, Attached Bookcases
  • Property Attached: No
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240025006
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1966.00 Square Feet
  • Interior Amenities: Built-in Features, Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 752.80
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Jetted Tub, Quartz Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 125.00
  • Association Fee Frequency: Annually
  • Association Name: Park Estates HOA
  • Phone: 562-498-3383
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Park Estates HOA

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Near Public Transit
  • Lot Size Sq Ft: 7909.00
  • Lot Size Acres: 0.1816

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7909.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 15545

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2013
Sold by
Martin Steven L
Bought by
Ranney Martha J and Martin Steven L
Current Estimated Value
$1,711,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,520
Outstanding Balance
$533,328
Interest Rate
3.71%
Mortgage Type
FHA
Estimated Equity
$1,177,734

Purchase Details

Closed on
Jun 21, 2011
Sold by
Martin Steven L and Ranney Martha J
Bought by
Martin Steven L and Steven L Martin 2011 Trust

Purchase Details

Closed on
Jan 27, 2011
Sold by
Vangold Development Llc
Bought by
Martin Steven L and Ranney Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Hsbc Bank Usa
Bought by
Vangold Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2010
Sold by
Huynh Mai T
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Oct 15, 2004
Sold by
Estate Of Sally Walk Schaner
Bought by
Huynh Mai T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ranney Martha J -- Lawyers Title
Martin Steven L -- Accommodation
Martin Steven L -- None Available
Martin Steven L $625,000 Orange Coast Title
Vangold Development Llc $490,000 Orange Coast Title Company
Hsbc Bank Usa $619,296 Accommodation
Huynh Mai T $715,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranney Martha J $742,520
Previous Owner Martin Steven L $500,000
Previous Owner Huynh Mai T $550,000
Closed Huynh Mai T $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2021 02/09/21 Sold $1,480,000 +9.6% $753 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $1,350,000 -- $687 / 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 $20,938 $1,601,997 $1,281,598 $320,399
2024 $20,051 $1,570,586 $1,256,469 $314,117
2023 $19,723 $1,539,791 $1,231,833 $307,958
2022 $18,499 $1,509,600 $1,207,680 $301,920
2021 $9,765 $775,846 $591,801 $184,045
2020 $9,738 $767,891 $585,733 $182,158
2019 $9,626 $752,836 $574,249 $178,587
2018 $9,260 $738,076 $562,990 $175,086
2016 $8,513 $709,417 $541,129 $168,288
2015 $8,168 $698,762 $533,001 $165,761
2014 $8,106 $685,075 $522,561 $162,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20255749

California Regional Multiple Listing Service (CRMLS)

APN: 7240-025-006