NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,165,000

3 Beds
2 Baths
1,225 Sq Ft
$806/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $470,000 $384 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,083/month

1 Day on Market

Highlights

  • Guest House
  • Art Studio
  • Open Floorplan
  • Palm Springs High School Rated A-
  • In Ground Pool
  • 3-minute walk to Victoria Park

About This Home

As of July 2016

This Former Home of Debbie Reynolds is true piece of historic celebrity Palm Springs and an original William Krisel designed Mid-Century Modernistic Alexander Construction Company home with a Post and Beam ceiling. Double the value and great mountain views. Home is in really good condition, has a pool and an additional 300sf craftsman workshop/art studio that could be easily completed into a Casita. Kitchen has granite counter tops. High ceilings, an open living room/kitchen floor plan. The wall of big glass windows and sliders open onto a south facing patio for lots of sunshine. On fee simple land.

Last Agent to Sell the Property

Tracey Wrubleski Meeks

HomeSmart License #01081343 Listed on: 06/10/2016

Co-Listed By

Eric Meeks

HomeSmart License #01391813

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • Home has North and South Exposure
  • Wood Fence
  • Block Wall Fence
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Art Studio
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Pool Slide
  • Pool Cover

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Concrete Porch or Patio
  • Guest House

Community Details

  • Built by Alexander Construction Company
  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501121005

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
  • Builder Name: Alexander Construction Company
  • Builders Tract Code: Victoria Park/Vista
  • Building Style: Mid Century, Modern
  • Entry Location: Foyer
  • Included In Sale: Refrigerator, washer/dryer, stove, microwave hood fan, dishwasher.
  • List Price per Sq Ft: 404.08
  • Lp Sp Ratio: 0.9495
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1959
  • Co Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 844-7550
  • Listing I D: 216018212
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Interior Amenities: Beamed Ceilings, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Tile Shower
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Granite Counters
  • Estimated Sq Ft: 1225.00

Exterior Features

  • Construction: Stucco, Wood
  • Other Structures: Guest House/Casita
  • Roofing: Foam
  • Fencing: Block, Wood
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Pool Cover, Water Slide
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid, In Street Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501121005
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2200
  • Lot Size: 9583.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Martorana Joshua and Martorana Leigh
Bought by
Connolly Robert R and Schrage Kevin P
Current Estimated Value
$987,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$550,209
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$436,909

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jun 17, 2016
Sold by
Peden Samuel Douglas
Bought by
Martorana Joshua and Martorana Leigh Anne
Seller's Agent
Tracey Wrubleski Meeks
HomeSmart
Buyer's Agent
Unknown Member
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2007
Sold by
Moore Vance and Moore Robertine B
Bought by
Peden Samuel Douglas

Purchase Details

Closed on
Aug 24, 2000
Sold by
Vance Moore and Moore Robertine B
Bought by
Moore Vance and Moore Robertine B
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
Connolly Robert R $800,000 First American Title Company
Martorana Joshua $470,000 First American Title Company
Peden Samuel Douglas -- None Available
Moore Vance -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connolly Robert R $620,000
Previous Owner Martorana Joshua $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $470,000 -5.1% $384 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $495,000 -- $404 / 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 $10,746 $878,932 $259,782 $619,150
2023 $10,746 $844,804 $249,696 $595,108
2022 $10,963 $828,240 $244,800 $583,440
2021 $10,586 $800,000 $240,000 $560,000
2020 $6,466 $498,765 $149,629 $349,136
2019 $6,356 $488,987 $146,696 $342,291
2018 $6,238 $479,400 $143,820 $335,580
2017 $6,147 $470,000 $141,000 $329,000
2016 $1,789 $130,251 $19,767 $110,484
2015 $1,704 $128,296 $19,471 $108,825
2014 $1,855 $125,786 $19,091 $106,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216018212

California Desert Association of REALTORS®

APN: 501-121-005