NOT LISTED FOR SALE

605 E Alexander Way Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $639,000 - $987,000

3 Beds
2 Baths
1,225 Sq Ft
$679/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $531,000 $433 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,009/month

7 Days on Market

About This Home

As of August 2017

1959 MID CENTURY ALEXANDER BUTTERFLY ROOF-LINE POOL HOME on Corner Lot - Classic 1225 Mid-Mod on 10,000 Sq.Ft. in the historic Racquet Club Estates neighborhood offering fantastic Mountain Views from Pool Area! FEE LAND (you own it)! 3 bedrooms, 2 Baths and Master Bath with Pool Access. Open modern floor plan, clerestory roof windows, exposed wood ceilings and updated kitchen. Private yard, covered Patio & Mountain Views to enjoy the Palm Springs Desert Lifestyle.

Last Agent to Sell the Property

Cory Alan

eXp Realty of California, Inc License #00787742 Listed on: 07/12/2017

eXp Realty of California, Inc

Last Buyer's Agent

Byron Lohman

Pinnacle Realty Advisors License #01272085

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Listing Details

  • Cross Street: VIA MIRALESTE
  • Entry Location: Ground Level - no steps
  • Active Date: 2017-07-12
  • Full Bathroom: 2
  • Building Size: 1225.0
  • Building Structure Style: Mid Century
  • Doors: Sliding Glass Door(s)
  • Driving Directions: South of E Racquet Club Rd - East of N Indian Canyon Dr East on Racquet Club Rd just past Indian Canyon turn right (South) on Via Miraleste, second street is Alexander Way on corner 605 E.
  • Full Street Address: 605 E ALEXANDER WAY
  • Lot Location: Corner Lot
  • Pool Construction: In Ground
  • Pool Descriptions: Filtered Only (No Heat), Private Pool
  • Primary Object Modification Timestamp: 2017-08-21
  • Property Condition: Updated/Remodeled
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Bathroom Features: Shower Over Tub, Tile
  • Bedroom Features: Master Bedroom
  • Eating Areas: Breakfast Area, Dining Area
  • Appliances: Range, Cooktop - Gas, Oven-Gas
  • Advertising Remarks: 1959 MID CENTURY ALEXANDER BUTTERFLY ROOF-LINE POOL HOME on Corner Lot - Classic 1225 Mid-Mod on 10,000 Sq.Ft. in the historic Racquet Club Estates neighborhood offering fantastic Mountain Views from Pool Area! FEE LAND (you own it)! 3 bedrooms, 2 Baths
  • Total Bedrooms: 3
  • Builders Tract Code: 5140
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: No
  • Levels: Ground Level
  • Spa: No
  • Interior Amenities: Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Open Floor Plan, Track Lighting
  • Appliances: Dishwasher, Electric Dryer Hookup, Garbage Disposal, Vented Exhaust Fan
  • Floor Material: Carpet
  • Kitchen Features: Granite Counters, Island, Open to Family Room, Remodeled
  • Laundry: Laundry in Closet, Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces North
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: High Ceilings (9 Feet+)
  • Other Structures: Shed
  • Patio: Covered Porch, Patio Open, Concrete Slab, Covered
  • Fence: Block Wall
  • Water: District/Public

Garage/Parking

  • Other Spaces: 2
  • Carport Spaces: 2
  • Total Parking Spaces: 2
  • Parking Features: Driveway - Concrete
  • Parking Type: Carport Attached

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water Heater: Water Heater Central
  • Cooling Type: Air Conditioning, Central A/C, Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Description: Fenced Yard, Front Yard, Street Asphalt, Utilities - Overhead, Yard

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Vincent Georgina Frances
Bought by
Vincent Georgina Frances
Current Estimated Value
$832,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$291,155
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$540,863

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 16, 2017
Sold by
Spencer Nicholas Wayne
Bought by
Vincent Georgina Frances
Seller's Agent
Cory Alan
eXp Realty of California, Inc
Buyer's Agent
Byron Lohman
Pinnacle Realty Advisors
List Price
$559,000
Sold Price
$531,000
Premium/Discount to List
-$28,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$424,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 26, 2017
Sold by
Dli Properties Llc
Bought by
Vincent Georgina Frances
Seller's Agent
Cory Alan
eXp Realty of California, Inc
Buyer's Agent
Byron Lohman
Pinnacle Realty Advisors
List Price
$559,000
Sold Price
$531,000
Premium/Discount to List
-$28,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Horwich Helen M
Bought by
Dli Properties Llc

Purchase Details

Closed on
Mar 24, 2006
Sold by
Horwich Harold Charles
Bought by
Horwich Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 7, 1997
Sold by
Horwich Harold C
Bought by
Horwich Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.3%
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
Vincent Georgina Frances -- Lawyers Title Company
Vincent Georgina Frances -- Fidelity Sherman Oaks
Vincent Georgina Frances $531,000 Fidelity National Title
Dli Properties Llc $380,100 None Available
Horwich Helen M -- Ticor Title Company
Horwich Helen M -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Georgina Frances $408,000
Closed Vincent Georgina Frances $424,100
Previous Owner Horwich Helen M $246,500
Previous Owner Horwich Helen M $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $531,000 -5.0% $433 / Sq Ft
07/12/2017 07/12/17 For Sale $559,000 -- $456 / Sq Ft
Source: Palm Springs Regional 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
2025 $7,644 $618,749 $181,255 $437,494
2023 $7,644 $594,723 $174,217 $420,506
2022 $7,620 $569,337 $170,801 $398,536
2021 $7,467 $558,174 $167,452 $390,722
2020 $7,133 $552,451 $165,735 $386,716
2019 $0 $541,620 $162,486 $379,134
2018 $6,881 $531,000 $159,300 $371,700
2017 $5,026 $380,500 $135,000 $245,500
2016 $967 $56,869 $11,213 $45,656
2015 $913 $56,017 $11,046 $44,971
2014 $884 $54,922 $10,831 $44,091
Source: Public Records

Agents Affiliated with this Home

  • Cory Alan

    Seller's Agent in 2017

    Cory Alan

    eXp Realty of California, Inc

    (310) 544-3200

    84 Total Sales

    Cory Alan
    Section Image
  • Byron Lohman

    Buyer's Agent in 2017

    Byron Lohman

    Pinnacle Realty Advisors

    (760) 534-1552

    1 in this area

    53 Total Sales

    Byron Lohman
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-250010PS

APN: 501-130-001

California Riverside County Palm Springs 92262 Racquet Club Estates

605 E Alexander Way, Palm Springs, CA

Not Listed for Sale

Detached

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