NOT LISTED FOR SALE

877 S Riverside Dr Palm Springs, CA 92264

Tahquitz River Estates Neighborhood

Estimated Value: $1,286,000 - $1,440,000

4 Beds
2.5 Baths
2,050 Sq Ft
$665/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $1,300,000 $634 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,818/month

28 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Security System Owned
  • Palm Springs High School Rated A-
  • Bar
  • Ceramic Tile Flooring

About This Home

As of August 2022

High grossing top-rated ''Architectural Glass Home/Resort'' vacation rental! Mid-century modern 4 bed / 2.5 bath architectural gem with sunny south-facing all glass rear has large huge saltwater, heated pool directly attached to home. Multiple indoor & outdoor lounge areas + indoor dining for 10 next to the fireplace and walls of glass. Resort setting is nestled on quarter acre among the high hedged homes in the very tony Tahquitz River Estates neighborhood just 1 mile south of downtown Palm Springs. Unlike the north end that experiences frequent high winds, the south end of town is much more tame. Situated directly across from a riverbed park with nature trails provides for a very private feel - no across the street neighbor. The property also features an outdoor living room, garden dining area + gas grill. The front and back gardens have mature orange, grapefruit, lemon and lime trees.. Last 12 months over $160K gross. Over $57K in future optionally transferred bookings available!

Last Agent to Sell the Property

Jeff Pierce

Vacasa Real Estate Corporation License #01802919 Listed on: 07/13/2022

Last Buyer's Agent

Bill Pisetsky

Bill Pisetsky, Broker License #00456127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,833

Year Built

  • Built in 1952

Lot Details

  • 10,454 Sq Ft Lot
  • Sprinkler System

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Bar
  • Great Room with Fireplace
  • Ceramic Tile Flooring
  • Mountain Views
  • Security System Owned

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Attached Carport Space
  • 5 Car Parking Spaces
  • 3 Parking Garage Spaces
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted To A Wall/Window

Community Details

  • Tahquitz River Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 508201005

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,833

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 719.51
  • Lp Sp Ratio: 0.8800
  • View Type: Mountain(s)
  • Year Built: 1952
  • Listing I D: 219081784
  • Listing Office Address: 1276 N Palm Canyon Drive #101, Palm Springs, CA 92262
  • Selling Office Address: 11 Northampton Court, Newport Beach, CA 92660
  • Street Direction: S
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Tahquitz River Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Flooring: Ceramic Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 2050.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway, On Street
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Zoned, Wall/Window Unit(s)
  • Heating: Central
  • Security: Security System Owned
  • Sewer: Unknown

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508201005
  • Irrigation: Sprinkler System
  • Lot Size: 10454.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 11, 2022
Sold by
Jeffrey Pierce
Bought by
Israeli Ziv Revocable 2015 Trust
Seller's Agent
Jeff Pierce
Vacasa Real Estate Corporation
Buyer's Agent
Bill Pisetsky
Bill Pisetsky, Broker
List Price
$1,475,000
Sold Price
$1,300,000
Premium/Discount to List
-$175,000
-11.86%
Current Estimated Value
$1,263,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,963
Avg. Annual Appreciation
-0.46%
Original Mortgage
$975,000
Outstanding Balance
$934,866
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$347,398

Purchase Details

Closed on
Jun 29, 2015
Sold by
Kayzar Brett A
Bought by
Pierce Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Cohn Charles Greg
Bought by
Cohn Rosemary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Cohn Rosemary M and Rodriguez Rosemary
Bought by
Kayzar Brett A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Israeli Ziv Revocable 2015 Trust $1,300,000 Ticor Title
Pierce Jeffrey $495,000 Equity Title
Cohn Rosemary M -- --
Kayzar Brett A $575,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Israeli Ziv Revocable 2015 Trust $975,000
Previous Owner Pierce Jeffrey $647,200
Previous Owner Pierce Jeffrey $501,000
Previous Owner Pierce Jeffrey $500,000
Previous Owner Pierce Jeffrey $424,100
Previous Owner Pierce Jeffrey $417,000
Previous Owner Kavzar Brett A $417,000
Previous Owner Kayzar Brett A $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $1,300,000 -11.9% $634 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $1,475,000 +198.0% $720 / Sq Ft
08/31/2015 08/31/15 Sold $495,000 -9.8% $241 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $549,000 -- $268 / 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 $10,833 $902,550 $51,126 $851,424
2023 $10,833 $450,514 $25,991 $424,523
2022 $7,398 $552,178 $145,016 $407,162
2021 $7,250 $541,352 $142,173 $399,179
2020 $6,927 $535,802 $140,716 $395,086
2019 $6,808 $525,297 $137,957 $387,340
2018 $6,681 $514,998 $135,252 $379,746
2017 $6,583 $504,900 $132,600 $372,300
2016 $6,392 $495,000 $130,000 $365,000
2015 $6,325 $503,000 $151,000 $352,000
2014 $5,441 $427,000 $128,000 $299,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeff Pierce

    Vacasa Real Estate Corporation

  • B

    Buyer's Agent in 2022

    Bill Pisetsky

    Bill Pisetsky, Broker

    (949) 701-5365

    1 in this area

    6 Total Sales

    Section Image

  • B

    Seller's Agent in 2015

    Brett Kayzar

    Compass

    (760) 835-4835

    40 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219081784

Greater Palm Springs Multiple Listing Service

APN: 508-201-005

California Riverside County Palm Springs 92264 Tahquitz River Estates

877 S Riverside Dr, Palm Springs, CA

This home is located at 877 S Riverside Dr, Palm Springs, CA 92264 since 13 July 2022 and is currently estimated at $1,363,538, approximately $665 per square foot. This property was built in 1952. 877 S Riverside Dr 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.

Greater Palm Springs Multiple Listing Service 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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