NOT LISTED FOR SALE

Estimated Value: $1,081,000 - $1,311,658

3 Beds
2 Baths
1,225 Sq Ft
$983/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $1,325,000 $1,082 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,725/month

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Springs High School Rated A-
  • Updated Kitchen
  • Midcentury Modern Architecture

About This Home

As of February 2022

Perfect for a full-time resident, or as a second home/investment property, this flat roof, mid-century property has great curb appeal, and is located on a very quiet cul-de-sac in the desirable Racquet Club Estates neighborhood, just a 5-minute drive from downtown Palm Springs. Designed by William Krisel and built by the Alexander Construction Company in 1960, its minimalist design and simple decor allows the many features of the home to shine through, including its pegboard ceiling, polished concrete floors, updated bathrooms, and walls of glass that let light stream in. With a built-in grill, unique pool, outdoor shower, freestanding covered bar, fire pit with custom seating, and horseshoe/bocce court, the verdant backyard is perfect for entertaining, and the layout offers additional space for an extension or casita. The home is offered turnkey furnished, and also features a tankless water heater, whole-home water softener, extensive Ring security system, and built in cabinetry for extra storage in the garage. This is a home you don't want to miss!

Last Agent to Sell the Property

Andrew Britt

BD Homes-The Paul Kaplan Group License #02104944 Listed on: 01/10/2022

Co-Listed By

James Valletti

BD Homes-The Paul Kaplan Group License #02102725

Last Buyer's Agent

Jim Caldwell Jr.

Compass License #02047464

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,030

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home
  • Fenced
  • Drip System Landscaping
  • Private Lot
  • Sprinklers on Timer
  • Lawn
  • Back Yard

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Track Lighting
  • Gas Fireplace
  • Awning
  • Custom Window Coverings
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Concrete Porch or Patio
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Tankless Water Heater

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Ground Level

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501071014

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,030

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All contents of home.
  • List Price per Sq Ft: 937.96
  • Lp Sp Ratio: 1.1500
  • View Type: Mountain(s)
  • Year Built: 1960
  • Co Listing Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 327-3991
  • Listing I D: 219072251
  • Listing Member Address: 201 North Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Listing Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Fax: (949) 335-7281
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Water Line to Refrigerator, Water Filter, Washer, Stackable W/D Hookup, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Laundry-Closet Stack, Track Lighting, Open Floorplan
  • Fireplace Features: Gas
  • Flooring: Concrete
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Granite Counters, Remodeled, Island
  • Laundry: In Closet
  • Estimated Sq Ft: 1225.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Structures: Accessory Bldgs, Outside Shower
  • Roofing: Flat
  • Built-in BBQ: Propane
  • Fencing: Fenced
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Detached Carport, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Security: Closed Circuit Camera(s), Security System Owned, Exterior Security Lights
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501071014
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Description: Back Yard, Private, Landscaped, Lawn, Fenced
  • Lot Location: Cul-De-Sac
  • Lot Size: 10019.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 3, 2022
Sold by
Adam Stevenson
Bought by
Merchant James and Colbourne Thomas
Seller's Agent
Andrew Britt
BD Homes-The Paul Kaplan Group
Buyer's Agent
Jim Caldwell Jr.
Compass
List Price
$1,149,000
Sold Price
$1,325,000
Premium/Discount to List
$176,000
15.32%
Current Estimated Value
$1,204,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,335
Avg. Annual Appreciation
-2.54%
Original Mortgage
$850,000
Outstanding Balance
$789,385
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$415,280

Purchase Details

Closed on
Dec 15, 2020
Sold by
Ditamna Victoria
Bought by
Stevenson Adam

Purchase Details

Listed on
Apr 12, 2016
Closed on
Aug 22, 2016
Sold by
Silvas Beach Investments Llc
Bought by
Allen Kirk Nelson
Seller's Agent
Clay Baham
BD Homes-The Paul Kaplan Group
Buyer's Agent
Will Paine
Berkshire Hathaway Home Services California Properties
List Price
$620,000
Sold Price
$591,000
Premium/Discount to List
-$29,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$417,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Bleecker Elizabeth T
Bought by
Silvas Beach Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Merchant James $1,325,000 Orange Coast Title
Stevenson Adam -- Orange Coast Title Co
Stevenson Adam $920,000 Orange Coast Title
Allen Kirk Nelson $591,000 Provident Title Company
Silvas Beach Investments Llc $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchant James $850,000
Previous Owner Allen Kirk Nelson $417,000
Previous Owner Silvas Beach Investments Llc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2022 02/14/22 Sold $1,325,000 +15.3% $1,082 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,149,000 +94.4% $938 / Sq Ft
07/31/2016 07/31/16 Sold $591,000 -0.5% $482 / Sq Ft View Prior Sale
07/14/2016 07/14/16 Price Changed $594,000 -1.8% $485 / Sq Ft
06/02/2016 06/02/16 Price Changed $605,000 -2.4% $494 / Sq Ft
04/12/2016 04/12/16 For Sale $620,000 -- $506 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $17,030 $1,406,100 $397,953 $1,008,147
2023 $17,030 $1,351,500 $382,500 $969,000
2022 $12,386 $938,400 $280,500 $657,900
2021 $12,134 $920,000 $275,000 $645,000
2020 $8,062 $627,172 $188,151 $439,021
2019 $7,923 $614,875 $184,462 $430,413
2018 $7,776 $602,820 $180,846 $421,974
2017 $7,661 $591,000 $177,300 $413,700
2016 $4,535 $345,000 $135,000 $210,000
2015 $1,715 $129,208 $33,122 $96,086
2014 $1,677 $126,678 $32,474 $94,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219072251

Greater Palm Springs Multiple Listing Service

APN: 501-071-014