NOT LISTED FOR SALE

656 E Spencer Dr Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $829,882 - $1,166,000

3 Beds
2 Baths
1,225 Sq Ft
$762/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $572,000 $467 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,608/month

271 Days on Market

About This Home

As of June 2015

Smartly re imagined and restored home in the hip Racquet Club Estates area, this home has all the chic appeal and style as it did when new but the conveniences of 21st Century living. The sellers spent $150,000 re doing this property to make it comfortable for today's living. Remodeled kitchen with top of the line appliances including wine refrigerator, sound system throughout. Remodeled baths, fun contemporary accents and colors. Spacious patio with outdoor fireplace and relaxing pool and greenbelt areas surrounded by lush landscaping and hedges for privacy to enjoy the mountain views and to entertain in the true Palm Springs lifestyle.

Last Agent to Sell the Property

Bryan Burns

Desert Lifestyle Properties License #01042736 Listed on: 08/11/2014

Desert Lifestyle Properties

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

  • Active Date: 2014-08-11
  • Full Bathroom: 2
  • Building Size: 1225.0
  • Building Structure Style: Mid Century
  • Driving Directions: Racquet Club Rd to Via Miraleste south to Spencer second home on the left
  • Full Street Address: 656 E SPENCER DR
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2015-10-28
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1959

Interior Features

  • Advertising Remarks: Smartly re imagined and restored home in the hip Racquet Club Estates area, this home has all the chic appeal and style as it did when new but the conveniences of 21st Century living. The sellers spent $150,000 re doing this property to make it comfortabl
  • Total Bedrooms: 3
  • Builders Tract Code: 5140
  • Builders Tract Name: RACQUET CLUB EAST
  • Fireplace: No
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
May 12, 2015
Sold by
Fellows Scott W and Fellows Ann Michelle N
Bought by
The Christopher Saglin & Ann Matteson Re
Seller's Agent
Bryan Burns
Desert Lifestyle Properties
Buyer's Agent
Byron Lohman
Pinnacle Realty Advisors
List Price
$595,000
Sold Price
$572,000
Premium/Discount to List
-$23,000
-3.87%
Current Estimated Value
$932,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,971
Avg. Annual Appreciation
4.77%
Original Mortgage
$417,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2008
Sold by
Carnot Antonio J
Bought by
Fellows Scott W and Fellows Ann Michelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Kauffman John and Gearn Gina L
Bought by
Carnot Antonio J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 8, 2004
Sold by
Devlin C Anne
Bought by
Kauffman John and Gearn Gina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2001
Sold by
Sernel Elliott R and Hobbs Aaron L
Bought by
Devlin C Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1998
Sold by
Sernel Elliott R and Hobbs Aaron L
Bought by
Sernel Elliott R and Hobbs Aaron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
6.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 1998
Sold by
Delmastro John
Bought by
Sernel Elliott R and Hobbs Aaron L
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
The Christopher Saglin & Ann Matteson Re $572,000 Orange Coast Title Company
Fellows Scott W $393,000 Equity Title Company
Carnot Antonio J $392,000 First Southwestern Title Co
Kauffman John $334,000 First Southwestern Title Co
Devlin C Anne $232,500 First American Title Co
Sernel Elliott R -- --
Sernel Elliott R $81,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Christopher Saglin & Ann Matteson Re $417,000
Previous Owner Fellows Scott W $294,750
Previous Owner Carnot Antonio J $294,000
Previous Owner Kauffman John $267,200
Previous Owner Devlin C Anne $186,000
Previous Owner Sernel Elliott R $45,800
Closed Devlin C Anne $23,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $572,000 -2.2% $467 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
11/02/2014 11/02/14 Price Changed $584,900 -1.7% $477 / Sq Ft
08/11/2014 08/11/14 For Sale $595,000 -- $486 / 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 $8,463 $687,448 $206,232 $481,216
2023 $8,463 $660,756 $198,225 $462,531
2022 $8,633 $647,801 $194,339 $453,462
2021 $8,459 $635,100 $190,529 $444,571
2020 $8,080 $628,589 $188,576 $440,013
2019 $7,941 $616,265 $184,879 $431,386
2018 $7,793 $604,182 $181,254 $422,928
2017 $7,678 $592,336 $177,700 $414,636
2016 $7,454 $580,722 $174,216 $406,506
2015 $5,163 $407,000 $102,000 $305,000
2014 -- $380,000 $95,000 $285,000
Source: Public Records

Agents Affiliated with this Home

  • Bryan Burns

    Seller's Agent in 2015

    Bryan Burns

    Desert Lifestyle Properties

    (760) 567-3712

    34 Total Sales

    Bryan Burns
    Section Image
  • Byron Lohman

    Buyer's Agent in 2015

    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: 14-785323PS

APN: 501-121-029

California Riverside County Palm Springs 92262 Racquet Club Estates

656 E Spencer Dr, Palm Springs, CA

Not Listed for Sale

Detached

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