NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $1,700,000

3 Beds
3 Baths
1,988 Sq Ft
$649/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $1,540,000 $775 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $8,101/month

6 Days on Market

Highlights

  • Pebble Pool Finish
  • Midcentury Modern Architecture
  • Property is near a park
  • Palm Springs High School Rated A-
  • Mountain View
  • Retreat

About This Home

As of March 2022

This gorgeous Alexander built home subtly combines warm and cool tones to provide the perfect desert sanctuary. Post-and-Beam construction along with tongue & groove ceilings are a wonderful architectural feature throughout. From the front door, you come into the large multi-use entryway and adjacent full bathroom. This would also make an ideal sleeping space for extra guests. The expanded open plan living/kitchen area is perfect for fun social gatherings & parties. It flows effortlessly to the SW facing back yard where you will find the outdoor fireplace, updated pebble tech pool/spa, firepit and the built in BBQ kitchen... all of which are surrounded by the stunning garden and mature trees. Whether you are a sun lover or shade seeker, there are plenty of options to kick back and take in the magnificent 180-degree mountain views that dominate this outdoor paradise! With the remodel additions, the middle bedroom is larger than original Alexander models & is currently set up as a home office. The massive primary bedroom has plenty of room to create yet another quiet, luxurious retreat & its roomy ensuite bathroom compliments the outdoor shower and private patio area off the bedroom. This meticulously cared for home sits on fee simple land (you own it) and is located within the coveted Racquet Club Estates Neighborhood. You're a quick jump to downtown Palm Springs & other amenities...There's nothing like owning an Alexander home on Alexander Way!

Last Agent to Sell the Property

Erich Redder

Keller Williams Newport Estate License #01745504 Listed on: 03/08/2022

Last Buyer's Agent

Mark Thompson

Home Source Real Estate License #01479403

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,454 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Stucco Fence
  • Paved or Partially Paved Lot
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Front Yard

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Tile Flooring
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Ground Level
  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Electric Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Wheelchair Adaptable
  • Solar owned by a third party

Community Details

  • Racquet Club East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 501130009

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: Ground
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Mid Century
  • Disability Access: Wheelchair Adaptable
  • Entry Location: Ground Level - No Steps, Foyer
  • List Price per Sq Ft: 716.80
  • Lp Sp Ratio: 1.0800
  • View Type: Mountain(s)
  • Water District Name: Palm Springs
  • Year Built: 1959
  • Listing I D: 219075094
  • Listing Member Address: 680 Newport Center Drive #250, Edward Bonilla, Newport Beach, CA 92660
  • Listing Office Address: 680 Newport Center Drive #250, Edward Bonilla, Newport Beach, CA 92660
  • Selling Office Address: 28 Alderwood, Irvine, CA 92604
  • Street Direction: E
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Racquet Club East
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings, Storage
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Retreat, Main Floor Master Bedroom, Main Floor Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Shower & Tub, Tile Shower, Tub With Jets, Shower Stall
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 1988.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco, Wood
  • Other Features: Barbeque Private, Solar System Financed
  • Other Structures: Outside Shower
  • Roofing: Asphalt
  • Fencing: Block, Fenced, Stucco Wall
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In Street Paid
  • Water: Water District
  • Water Heater Feature: Electric

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 501130009
  • Irrigation: Drip System, Sprinkler System
  • Lot Description: Fenced, Yard, Private, Street Public, Street Paved, Sidewalks, Front Yard
  • Lot Location: Park Nearby
  • Lot Size: 10454.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 17, 2022
Sold by
Mclean-Dugan Marital Trust
Bought by
Schnieders Valerie
Seller's Agent
Erich Redder
Keller Williams Newport Estate
Buyer's Agent
Mark Thompson
Home Source Real Estate
List Price
$1,425,000
Sold Price
$1,540,000
Premium/Discount to List
$115,000
8.07%
Current Estimated Value
$1,290,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,529
Avg. Annual Appreciation
-4.62%

Purchase Details

Listed on
Mar 8, 2022
Closed on
Mar 16, 2022
Sold by
Charles Schnieders Robert
Bought by
Schnieders Valerie
Seller's Agent
Erich Redder
Keller Williams Newport Estate
Buyer's Agent
Mark Thompson
Home Source Real Estate
List Price
$1,425,000
Sold Price
$1,540,000
Premium/Discount to List
$115,000
8.07%

Purchase Details

Closed on
Aug 4, 2020
Sold by
Mclean Gillian Jeanette and Dugan Mary Bridget
Bought by
Mclean Gillian Jeanette and Dugan Mary Bridget

Purchase Details

Closed on
Dec 7, 2019
Sold by
Mclean Gillian Jeanette and Dugan Mary Bridget
Bought by
Mclean Gillian Jeanette and Dugan Mary Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2017
Sold by
Mclean Gillian Jeanette and Dugan Mary Bridget
Bought by
Mclean Gillian Jeanette and Dugan Mary Bridget

Purchase Details

Listed on
May 2, 2016
Closed on
May 26, 2016
Sold by
Brown Eric Joseph and Olsen Kenneth Wayne
Bought by
Mclean Gillian Jeanette and Dugen Mary Bridget
Seller's Agent
Phil Pappalardo
Phil Pappalardo Broker
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$75,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2015
Sold by
Brown Eric J and Olsen Kenneth
Bought by
Brown Olsen Trust

Purchase Details

Closed on
Jul 14, 2014
Sold by
Brown Eric J and Olsen Kenneth
Bought by
Brown Eric J and Olsen Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Innocent Rick
Bought by
Brown Eric J and Olsen Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.93%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Olsen Kenneth
Bought by
Olsen Kenneth

Purchase Details

Closed on
Aug 21, 1998
Sold by
Olsen Kenneth and Innocent Rick
Bought by
Innocent Rick and Olsen Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.91%

Purchase Details

Closed on
May 5, 1997
Sold by
Olsen Kenneth
Bought by
Olsen Kenneth and Olsen Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,922
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1997
Sold by
Olsen Kenneth and Innocent Rick
Bought by
Olsen Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,922
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1994
Sold by
Olsen Kenneth
Bought by
Olsen Kenneth and Innocent Rick

Purchase Details

Closed on
May 5, 1994
Sold by
Farrell Taylor E and Farrell Suzy
Bought by
Olsen Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,248
Interest Rate
8.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schnieders Valerie $1,540,000 New Title Company Name
Schnieders Valerie -- None Listed On Document
Mclean Gillian Jeanette -- Solidifi
Mclean Gillian Jeanette -- Solidifi
Mclean Gillian Jeanette -- None Available
Mclean Gillian Jeanette $540,000 Lawyers Title
Brown Olsen Trust -- None Available
Brown Eric J -- Wfg Title Company
Brown Eric J -- American Title
Olsen Kenneth -- --
Innocent Rick -- --
Innocent Rick -- Fidelity Title
Olsen Kenneth -- --
Innocent Rick -- --
Innocent Rick -- --
Olsen Kenneth -- Fidelity National Title Co
Olsen Kenneth -- First American Title Ins Co
Olsen Kenneth $112,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclean Gillian Jeanette $223,000
Previous Owner Mclean Gillian Jeanette $75,000
Previous Owner Brown Eric J $349,600
Previous Owner Brown Eric J $224,000
Previous Owner Innocent Rick $116,000
Previous Owner Olsen Kenneth $109,922
Previous Owner Olsen Kenneth $111,248
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $1,540,000 +8.1% $775 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,425,000 +163.9% $717 / Sq Ft
06/20/2016 06/20/16 Sold $540,000 -5.1% $272 / Sq Ft View Prior Sale
05/09/2016 05/09/16 Price Changed $569,000 -5.0% $286 / Sq Ft
05/02/2016 05/02/16 For Sale $599,000 -- $301 / 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 $15,832 $1,250,000 $89,140 $1,160,860
2023 $15,832 $1,570,800 $85,680 $1,485,120
2022 $8,102 $613,711 $180,710 $433,001
2021 $7,938 $601,678 $177,167 $424,511
2020 $7,445 $584,510 $175,351 $409,159
2019 $7,315 $573,050 $171,913 $401,137
2018 $7,178 $561,815 $168,544 $393,271
2017 $7,070 $550,800 $165,240 $385,560
2016 $3,508 $269,105 $57,170 $211,935
2015 $3,359 $265,064 $56,312 $208,752
2014 -- $259,874 $55,210 $204,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219075094

Greater Palm Springs Multiple Listing Service

APN: 501-130-009