NOT LISTED FOR SALE

679 E Alexander Way Palm Springs, CA 92262

Racquet Club Estates Neighborhood

Estimated Value: $857,000 - $1,172,000

3 Beds
3 Baths
1,857 Sq Ft
$549/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $614,000 $331 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,091/month

70 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • 4-minute walk to Victoria Park

About This Home

As of November 2016

Incredible Mid-Century Modern Alexander Home with a 632 square foot detached guest house. Great Vacation Rental Opportunity! Wow...Priced at $342 per square foot for this fabulous home. Compare this square foot price to the available and sold similar properties and you will see the value. 1,857 square feet includes the brand new guest house. The main house has two Bedrooms and Two Bathrooms plus a great Office or Media room for your enjoyment. The Guest House has One Bedroom and One Bathroom plus a large open room. This home boasts the true character of a 1959 Alexander Mid-Century Modern Home while having the comforts of modern amenities. Highly desirable southern views on a large lot with a beautiful Pool and a fire pit made from a solid boulder. Custom cabinetry and tile work throughout. This is a fabulous must see home!

Last Agent to Sell the Property

Sean Gerber

HomeSmart License #01310583 Listed on: 07/22/2016

HomeSmart

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Foam Roof

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Painted or Stained Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Additional Homes

  • Guest House

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501130003

Home Details

Home Type

Single Family

Year Built

Built in 1959

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 East
  • Building Style: Mid Century, Modern
  • List Price per Sq Ft: 341.95
  • Lp Sp Ratio: 0.9669
  • View Type: Mountain(s)
  • Year Built: 1959
  • Listing I D: 216021812
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1857.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Roofing: Foam
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Not Heated
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 501130003
  • Lot Acres: 0.2300
  • Lot Size: 10019.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 24, 2016
Sold by
Elkins Jessica
Bought by
Furst Suzanne
Seller's Agent
Sean Gerber
HomeSmart
Buyer's Agent
Unknown Member
List Price
$725,000
Sold Price
$614,000
Premium/Discount to List
-$111,000
-15.31%
Current Estimated Value
$1,020,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,259
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Elkins Jessica and Banks Jessica
Bought by
Elkins Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Elkins Darren D
Bought by
Banks Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Valkis Michael Williams and Valkis Laurie Ann
Bought by
Resolution Fund Management Series 123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Valkis Michael W and Valkis Laurie U
Bought by
Valkis Michael William and Valkis Laurie Ann

Purchase Details

Closed on
Jun 16, 2000
Sold by
Valkis Michael W and Valkis Lauri A
Bought by
Valkis Michael W and Valkis Laurie U
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
Furst Suzanne $614,000 Title 365-Riverside
Elkins Jessica -- Lawyers Title Ie
Banks Jessica -- First American Title
Banks Jessica $295,000 First American Title
Resolution Fund Management Series 123 $207,000 None Available
Valkis Michael William -- --
Valkis Michael W -- Security Union Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Jessica $208,000
Previous Owner Banks Jessica $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $614,000 -3.3% $331 / Sq Ft
10/12/2016 10/12/16 Price Changed $635,000 -4.5% $342 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
08/26/2016 08/26/16 Price Changed $665,000 -3.6% $358 / Sq Ft
07/28/2016 07/28/16 Price Changed $690,000 -4.8% $372 / Sq Ft
07/22/2016 07/22/16 For Sale $725,000 -- $390 / 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
2025 $8,763 $712,590 $213,775 $498,815
2023 $8,763 $684,922 $205,475 $479,447
2022 $8,939 $671,494 $201,447 $470,047
2021 $8,759 $658,329 $197,498 $460,831
2020 $8,365 $651,579 $195,473 $456,106
2019 $8,221 $638,804 $191,641 $447,163
2018 $8,068 $626,280 $187,884 $438,396
2017 $7,949 $614,000 $184,200 $429,800
2016 $4,382 $339,663 $80,414 $259,249
2015 $3,986 $316,834 $79,207 $237,627
2014 $3,930 $310,629 $77,656 $232,973
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sean Gerber

    HomeSmart

    (760) 861-4070

    15 Total Sales

    Sean Gerber
    Section Image

  • U

    Buyer's Agent in 2016

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216021812

California Desert Association of REALTORS®

APN: 501-130-003

California Riverside County Palm Springs 92262 Racquet Club Estates

679 E Alexander Way, Palm Springs, CA

Not Listed for Sale

Detached

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