NOT LISTED FOR SALE

587 W Santa Catalina Rd Palm Springs, CA 92262

Racquet Club West Neighborhood

Estimated Value: $921,690 - $1,020,000

4 Beds
2.5 Baths
2,172 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $550,000 $253 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,677/month

44 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of September 2018

Great VALUE! Excellent LOCATION! Impeccable Single-Story home at Racquet Club West in the HEART of Palm Springs. Walking distance to downtown restaurants, shopping, entertainment & the world-famous Arial Tram! This well-appointed 4 BD/2.5 BA home offers approx. 2,172 sq. ft. of open & bright living space. Interior features include: living room w/ herring bone stacked stone gas fireplace, formal dining area, kitchen w/ stainless steel appliances, spacious master retreat w/ fireplace, en suite bathroom & walk-in closet w/ owners closet (lockable), guest bedroom w/ views, guest bathroom & convenient laundry area. The patio deck includes plenty of shaded lounging areas, gas BBQ, pool & spa w/ magnificent views of neighboring San Jacinto Mountains. The 3-car garage offers a lock-off for the owner's vehicle. This home has been an extremely successful vacation rental. Currently generates approx. Very successful rental. Select FURNISHINGS AVAILABLE Outside of Escrow! NO HOA & FEE LAND

Last Listed By

Brad Schmett Real Estate Group

eXp Realty of California, Inc. License #01275226 Listed on: 06/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,582

Year Built

  • Built in 1990

Lot Details

  • 0.3 Acre Lot
  • Home has North and South Exposure
  • Fenced
  • Stucco Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Property Views

  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,172 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Double Door Entry
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Outdoor Pool
  • Above Ground Spa

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • Racquet Club West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504082008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,582

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Racquet Club West
  • Building Number Of Stories: 2
  • Entry Floor: 1
  • Entry Location: Living Room
  • Included In Sale: Refrigerator, washer and dryer.
  • List Price per Sq Ft: 264.73
  • Lp Sp Ratio: 0.9565
  • View Type: Mountain(s), Pool
  • Year Built: 1990
  • Listing I D: 218018148
  • Listing Office Address: 78065 Main St., #205, La Quinta, CA 92253
  • Selling Office Address: 78065 Main St., #205, La Quinta, CA 92253
  • Street Direction: W
  • Land Type: Fee
  • Subdivision: Racquet Club West
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Gas Oven, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Retreat
  • Interior Amenities: Cathedral Ceiling(s), Storage, Recessed Lighting, High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Primary Retreat, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Marble Counters, Tile Shower, Shower Stall, Shower Over Tub, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Living/Dining Combo, Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2172.00
  • Windows Treatments: Double Pane Windows, Blinds, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Brick - Tile, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 504082008
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.3000
  • Lot Description: Back Yard, Yard, Street Paved, Landscaped, Lawn, Front Yard, Fenced, Curbs
  • Lot Size: 13068.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Cheuk Eugene Yui Chung
Bought by
Cheuk Eugene Yui Chung and The Eugene Yui Chung Cheuk Tru
Total Days on Market
44
Current Estimated Value
$950,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Outstanding Balance
$385,106
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$579,389

Purchase Details

Closed on
Jan 31, 2020
Sold by
Cheuk Eugene Yui Chung
Bought by
Cheuk Eugene Yui Chung and Eugene Yui Chung Cheuk Trust

Purchase Details

Listed on
Jun 20, 2018
Closed on
Sep 11, 2018
Sold by
Leduc Jon Anthony
Bought by
Cheuk Eugene Yui Chung
Seller's Agent
Brad Schmett Real Estate Group
eXp Realty of California, Inc.
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$440,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jan 14, 2016
Sold by
Humphrey Beverly Ann
Bought by
Leduc Jon Anthony
Seller's Agent
Joy Smith
HomeSmart
Buyer's Agent
Jason Cochran
eXp Realty of California, Inc.
List Price
$550,000
Sold Price
$429,900
Premium/Discount to List
-$120,100
-21.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Humphrey Archie Hugh and Humphrey Beverly Ann
Bought by
Humphrey Archie Hugh and Humphrey Beverly Ann

Purchase Details

Closed on
Sep 22, 1994
Sold by
Humphrey Beverly A
Bought by
Humphrey Archie H
Source: Public Records

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Range of Values:

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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
Cheuk Eugene Yui Chung -- Fidelity National Title
Cheuk Eugene Yui Chung -- None Available
Cheuk Eugene Yui Chung $550,000 Orange Coast Title Company O
Leduc Jon Anthony $430,000 None Available
Humphrey Archie Hugh -- --
Humphrey Archie H -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheuk Eugene Yui Chung $429,000
Closed Cheuk Eugene Yui Chung $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2018 09/13/18 Sold $550,000 -4.3% $253 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $575,000 -8.0% $265 / Sq Ft
06/20/2018 06/20/18 For Sale $625,000 +45.4% $288 / Sq Ft
01/28/2016 01/28/16 Sold $429,900 0.0% $198 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $429,900 -8.5% $198 / Sq Ft
09/05/2015 09/05/15 Price Changed $470,000 -14.5% $216 / Sq Ft
06/08/2015 06/08/15 For Sale $550,000 -- $253 / Sq Ft
Source: California Desert Association of REALTORS®

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
2023 $7,582 $589,708 $80,413 $509,295
2022 $7,734 $578,146 $78,837 $499,309
2021 $7,578 $566,811 $77,292 $489,519
2020 $7,240 $561,000 $76,500 $484,500
2019 $7,116 $550,000 $75,000 $475,000
2018 $5,839 $447,371 $134,211 $313,160
2017 $5,754 $438,600 $131,580 $307,020
2016 $3,790 $284,898 $45,697 $239,201
2015 $3,633 $280,620 $45,011 $235,609
2014 $3,581 $275,125 $44,130 $230,995
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brad Schmett Real Estate Group

    eXp Realty of California, Inc.

  • Joy Smith

    Seller's Agent in 2016

    Joy Smith

    HomeSmart

    (760) 333-4744

    2 Total Sales

    Section Image
  • Jason Cochran

    Buyer's Agent in 2016

    Jason Cochran

    eXp Realty of California, Inc.

    (323) 243-6998

    83 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218018148

California Desert Association of REALTORS®

APN: 504-082-008

California Riverside County Palm Springs 92262 Racquet Club West

587 W Santa Catalina Rd, Palm Springs, CA

This home is located at 587 W Santa Catalina Rd, Palm Springs, CA 92262 since 20 June 2018 and is currently estimated at $950,673, approximately $437 per square foot. This property was built in 1990. 587 W Santa Catalina Rd is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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