NOT LISTED FOR SALE

701 Desert Way Palm Springs, CA 92264

Demuth Park Neighborhood

Estimated Value: $738,229 - $869,000

3 Beds
2 Baths
1,434 Sq Ft
$547/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $485,000 $338 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,706/month

1 Day on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • No HOA
  • Palm Springs High School Rated A-
  • Mountain View
  • Walk-In Closet

About This Home

As of March 2020

Think it's impossible to find a mid-century pool home with a view in South Palm Springs on fee land you own for under $500k? Think again! Constructed in 1956, this stylish mid-century modern pool home is perfect for those who want to embrace the Palm Springs lifestyle without breaking the bank. With three bedrooms and two bathrooms, this home offers plenty of room to host your family and friends, while the enclosed, private backyard, complete with pool, is perfect for entertaining large groups. Like outdoor activities? This wonderful home is located close to shopping, the largest park in Palm Springs, bike/running paths, and both the Tahquitz Creek Golf Resort and the Mesquite Country Club. You'll never lack options of things to do with all the outdoor activities nearby. Don't miss seeing this adorable home. Contact me to arrange your showing today. All information stated is deemed to be accurate, but buyers are advised to verify details stated or otherwise prior to purchase.

Last Agent to Sell the Property

Geoffrey Moore

Town Real Estate License #01942291 Listed on: 03/03/2020

Co-Listed By

Kevin Stern

Town Real Estate License #01376548

Last Buyer's Agent

Charles Barenbrugge

Keller Williams Realty License #02055278

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,730

Year Built

  • Built in 1956

Lot Details

  • 8,276

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Separate Family Room
  • Living Room
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • 8,276 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 680-120-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,730

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Think it's impossible to find a mid-century pool home with a view in South Palm Springs on fee land you own for under $500k? Think again! Constructed in 1956, this stylish mid-century modern pool home is perfect for those who want to embrace the Palm Springs lifestyle without breaking the bank. With three bedrooms and two bathrooms, this home offers plenty of room to host your family and friends, while the enclosed, private backyard, complete with pool, is perfect for entertaining large groups. Like outdoor activities? This wonderful home is located close to shopping, the largest park in Palm Springs, bike/running paths, and both the Tahquitz Creek Golf Resort and the Mesquite Country Club. You'll never lack options of things to do with all the outdoor activities nearby. Don't miss seeing this adorable home. Contact me to arrange your showing today. All information stated is deemed to be accurate, but buyers are advised to verify details stated or otherwise prior to purchase.
  • Builders Tract Code: 6330
  • Living Area: 1434
  • Probate: No
  • Stories: 1
  • Year Built: 1956
  • Builders Tract Name: Demuth Park
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 341.00

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Foam
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 2

Utilities

  • Cooling: Central, Electric
  • Heating: Central, Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 680-120-027
  • Geocode Override: Yes
  • Lot Size Area: 8276

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Mar 31, 2020
Sold by
Ekelund Nancy
Bought by
Burkett Michael and Burkett Usm Amd
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
Charles Barenbrugge
Keller Williams Realty
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%
Current Estimated Value
$784,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,807
Avg. Annual Appreciation
9.18%
Original Mortgage
$44,413,800
Outstanding Balance
$39,430,487
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
-$38,645,680

Purchase Details

Listed on
Mar 3, 2020
Closed on
Mar 18, 2020
Sold by
Ekelund Nancy
Bought by
Burkett Michael and Burkett Usm Amd
Seller's Agent
Geoffrey Moore
Town Real Estate
Buyer's Agent
Charles Barenbrugge
Keller Williams Realty
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,413,800
Outstanding Balance
$39,430,487
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
-$38,645,680

Purchase Details

Listed on
Jan 25, 2012
Closed on
Feb 16, 2012
Sold by
Ekelund Doug
Bought by
Ekelund Nancy
Seller's Agent
David Segall
Prudential
Buyer's Agent
David Segall
Prudential
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Listed on
Jan 25, 2012
Closed on
Feb 7, 2012
Sold by
Spencer Thomas M and Valentine Laurae
Bought by
Ekelund Nancy
Seller's Agent
David Segall
Prudential
Buyer's Agent
David Segall
Prudential
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%

Purchase Details

Closed on
May 17, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Spencer Thomas M and Valentine Laurae

Purchase Details

Closed on
Sep 8, 2009
Sold by
Hoffman Jon
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 20, 2003
Sold by
Wallin Carol
Bought by
Hoffman Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Taian Samir Hadi
Bought by
Wallin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 1993
Sold by
Wallin Carol
Bought by
Wallin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,600
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Burkett Michael $485,000 First American Title
Burkett Michael $485,000 First American Title
Ekelund Nancy -- Orange Coast Title Co
Ekelund Nancy $225,000 Orange Coast Title Co
Spencer Thomas M $134,000 Ticor Title
Federal Home Loan Mortgage Corporation $94,499 Accommodation
Hoffman Jon $205,000 Orange Coast Title Co
Wallin Carol -- --
Wallin Carol -- Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkett Michael $15,375
Open Burkett Michael T $486,000
Open Burkett Michael $44,413,800
Closed Burkett Michael $44,413,800
Previous Owner Hoffman Jon $55,000
Previous Owner Hoffman Jon $274,300
Previous Owner Hoffman Jon $243,000
Previous Owner Hoffman Jon $30,000
Previous Owner Hoffman Jon $153,750
Previous Owner Wallin Carol $50,000
Previous Owner Wallin Carol $91,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $485,000 +1.0% $338 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $480,000 +113.3% $335 / Sq Ft
02/23/2012 02/23/12 Sold $225,000 -10.0% $157 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $250,000 -- $174 / Sq Ft
Source: The MLS

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 $6,730 $542,089 $27,340 $514,749
2023 $6,730 $521,040 $26,279 $494,761
2022 $6,864 $510,824 $25,764 $485,060
2021 $6,588 $490,024 $25,259 $464,765
2020 $3,479 $258,401 $64,596 $193,805
2019 $3,421 $253,335 $63,330 $190,005
2018 $3,360 $248,369 $62,089 $186,280
2017 $3,311 $243,500 $60,872 $182,628
2016 $3,219 $238,727 $59,679 $179,048
2015 $3,082 $235,143 $58,784 $176,359
2014 $3,035 $230,539 $57,634 $172,905
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Moore

    Seller's Agent in 2020

    Geoffrey Moore

    Town Real Estate

    (760) 641-5689

    4 in this area

    104 Total Sales

    Geoffrey Moore
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kevin Stern

    Town Real Estate

    Section Image
  • Charles Barenbrugge

    Buyer's Agent in 2020

    Charles Barenbrugge

    Keller Williams Realty

    (760) 600-6389

    101 Total Sales

    Charles Barenbrugge
    Section Image

  • D

    Seller's Agent in 2012

    David Segall

    Prudential

See All Agents

Map

Source: The MLS

MLS Number: 20-560150

The MLS

APN: 680-120-027

California Riverside County Palm Springs 92264 Demuth Park

701 Desert Way, Palm Springs, CA

This home is located at 701 Desert Way, Palm Springs, CA 92264 since 03 March 2020 and is currently estimated at $784,807, approximately $547 per square foot. This property was built in 1956. 701 Desert Way is a home located in Riverside County with nearby schools including Cahuilla 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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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