NOT LISTED FOR SALE

735 S Riverside Dr Unit 5 Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $1,187,814 - $2,716,000

1 Bed
1 Bath
575 Sq Ft
$3,113/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Pool View
  • Eat-In Kitchen
  • Palm Springs High School Rated A-
  • No HOA
  • Concrete Porch or Patio

About This Home

As of June 2015

A step back in time with all the comforts of today! Adorable 1 bedroom, 1 bath garden apartment features eat-in kitchen, large living room with picture window over looking pool. Wonderful gated pool area and beautiful grounds make this a fine place to call home.

Last Agent to Rent the Property

Jennifer Wilson

MONARCH MANAGEMENT INC. License #01222620 Listed on: 06/16/2015

Last Renter's Agent

Jennifer Wilson

MONARCH MANAGEMENT INC. License #01222620 Listed on: 06/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,370

Year Built

  • Built in 1975

Lot Details

  • 9,100 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Level Lot

Property Views

  • Pool
  • Courtyard

Home Design

  • Bungalow
  • Apartment
  • Slab Foundation

Interior Spaces

  • 575 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Concrete Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $825
  • Rent includes gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 5
  • Assessor Parcel Number 508191005

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,370

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 825
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Tahquitz River Estates (33510)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 508191005
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 575.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 1.43
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Courtyard, Pool
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Features: Community, In Ground
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 9100.00
  • Price Per Lot Square Foot: 0.09
  • Lot Size Acres: 0.2090

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 9100.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Gardener, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Graff Richard N
Bought by
Simeone Ii Joseph R
Current Estimated Value
$1,789,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$324,312
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,465,392

Purchase Details

Closed on
May 2, 2013
Sold by
Hough Michael D
Bought by
Graff Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2003
Sold by
Hough Michael D
Bought by
Hough Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2001
Sold by
Hough Michael D
Bought by
Hough Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2000
Sold by
Hough Michael D
Bought by
Hough Michael D

Purchase Details

Closed on
Nov 3, 1999
Sold by
Juan Castillo
Bought by
Hough Michael D

Purchase Details

Closed on
Aug 26, 1998
Sold by
Castillo Samantha Ann
Bought by
Castillo Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 5, 1998
Sold by
Theresa Sommer
Bought by
Castillo Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 1993
Sold by
Sommer Theresa
Bought by
Sommer Theresa
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
Simeone Ii Joseph R $750,000 Orange Coast Title Company
Graff Richard N $345,000 Stewart Title Company
Hough Michael D -- Chicago Title Co
Hough Michael D -- --
Hough Michael D -- Fidelity National Title Co
Hough Michael D -- --
Hough Michael D $239,000 Benefit Land Title
Castillo Juan -- Fidelity National Title Ins
Castillo Juan $229,000 Fidelity National Title Ins
Sommer Theresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simeone Ii Joseph R $375,000
Previous Owner Graff Richard N $258,750
Previous Owner Hough Michael D $325,000
Previous Owner Hough Michael D $95,000
Previous Owner Castillo Juan $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2015 06/16/15 Rented $825 0.0% --
06/16/2015 06/16/15 For Rent $825 +3.8% --
05/30/2014 05/30/14 Rented $795 0.0% --
04/30/2014 04/30/14 Under Contract -- -- --
04/15/2014 04/15/14 For Rent $795 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,370 $836,633 $167,326 $669,307
2023 $11,370 $804,148 $160,830 $643,318
2022 $11,572 $788,381 $157,677 $630,704
2021 $11,360 $772,924 $154,586 $618,338
2020 $10,902 $764,999 $153,001 $611,998
2019 $10,732 $750,000 $150,001 $599,999
2018 $6,131 $373,371 $81,165 $292,206
2017 $6,058 $366,051 $79,574 $286,477
2016 $5,881 $358,874 $78,014 $280,860
2015 $5,593 $353,487 $76,844 $276,643
2014 $5,414 $346,565 $75,340 $271,225
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wilson

    Landlord's Agent in 2015

    Jennifer Wilson

    MONARCH MANAGEMENT INC.

    (951) 205-6488

    19 Total Sales

    Jennifer Wilson
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15130314

California Regional Multiple Listing Service (CRMLS)

APN: 508-191-005

California Riverside County Palm Springs 92264 Tahquitz River Estates

735 S Riverside Dr Unit 5, Palm Springs, CA

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