NOT LISTED FOR SALE

Estimated Value: $906,515 - $1,021,000

3 Beds
2 Baths
1,225 Sq Ft
$796/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $710,000 $580 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,124/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Great Room

About This Home

As of December 2018

This RARE Palm Springs Alexander Mid-Century Home provides a beautiful retreat on a quiet cul-de-sac complete with stunning mountain views. This home offers 3 Bed and 2 Bath with an updated kitchen complete with newer appliances, cabinets and lighting. Enter the home to find Italian terrazzo tiles in entry, hallway, kitchen and living room. As you enter the living room find vaulted ceilings, a beautiful fireplace and sliding doors showing views of the backyard and pool. Vaulted ceilings also embellish the bedrooms as well as sliding doors which lead to additional outdoor sitting areas in the backyard. The two bathrooms have glass tile walls. Outside we find a pool, complete with landscape lighting and a fire pit perfect for indoor/outdoor entertainment. A lemon, tangelo and lime tree also adorn the outdoor living area which can be used for cooking or in your cocktail of choice. Centrally located in Palm Springs, this beautiful oasis is close to plenty of shops, bars and restaurants.

Last Agent to Sell the Property

Thomas Davila

Compass License #01725619 Listed on: 11/07/2018

Compass

Co-Listed By

Kennon Earl

Compass License #01394743

Last Buyer's Agent

Peter Roa

BD Homes-The Paul Kaplan Group License #01780230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,710

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R1C

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Great Room
  • Living Room with Fireplace
  • Mountain Views
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Pool Tile

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 501-071-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,710

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Builders Tract Code: 5140
  • Complex Name: Racquet Club Estates
  • Living Area: 1225
  • Stories: 1
  • Year Built: 1960
  • Builders Tract Name: Racquet Club East
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 534.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, Heated with Gas, Private, Tile
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - None

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 501-071-013
  • Geocode Override: No
  • Lot Size Area: 12197

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Nov 16, 2018
Sold by
Riggi John and Wendelman David M
Bought by
Krasnow Stuart M
Seller's Agent
Thomas Davila
Compass
Buyer's Agent
Peter Roa
BD Homes-The Paul Kaplan Group
List Price
$655,000
Sold Price
$710,000
Premium/Discount to List
$55,000
8.4%
Current Estimated Value
$975,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,629
Avg. Annual Appreciation
4.78%
Original Mortgage
$532,500
Outstanding Balance
$470,057
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$500,745

Purchase Details

Closed on
May 28, 2008
Sold by
Riggi John
Bought by
Riggi John and Wendelman David M

Purchase Details

Closed on
Aug 2, 2004
Sold by
Johanson Glenn B
Bought by
Riggi John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,250
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Mod Design Consultants Llc
Bought by
Johanson Glenn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2002
Sold by
Flannery Michael P
Bought by
Lewis John F and Lewis Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1996
Sold by
Wuesthoff Moxell
Bought by
Murren John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 1996
Sold by
Murren John D
Bought by
Flannery Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krasnow Stuart M $710,000 Fidelity National Title
Riggi John -- None Available
Riggi John -- None Available
Riggi John $423,000 Old Republic Title Company
Johanson Glenn B $270,000 Chicago Title Co
Mod Design Consultants Llc -- --
Lewis John F $168,000 First American Title Co
Murren John D -- Commonwealth Land Title Co
Flannery Michael P $86,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krasnow Stuart M $532,500
Previous Owner Riggi John $180,000
Previous Owner Riggi John $317,250
Previous Owner Johanson Glenn B $216,000
Previous Owner Lewis John F $40,000
Previous Owner Lewis John F $118,000
Previous Owner Flannery Michael P $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $710,000 +8.4% $580 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $655,000 -- $535 / Sq Ft
Source: The MLS

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 $9,710 $792,013 $178,480 $613,533
2023 $9,710 $761,259 $171,550 $589,709
2022 $9,905 $746,334 $168,187 $578,147
2021 $9,705 $731,701 $164,890 $566,811
2020 $9,268 $724,200 $163,200 $561,000
2019 $9,108 $710,000 $160,000 $550,000
2018 $6,721 $518,188 $103,633 $414,555
2017 $6,623 $508,028 $101,601 $406,427
2016 $5,909 $456,000 $91,000 $365,000
2015 $5,417 $428,000 $86,000 $342,000
2014 $5,111 $400,000 $80,000 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-401954

The MLS

APN: 501-071-013