130 W Racquet Club Rd #508 Palm Springs, CA 92262

$425,000 Sold Price as of 12/30/2016

2 Beds
1 Baths
1,310 Sq.Ft.

Off Market

$425,000 Sold Price as of 12/30/2016 Refinance Your Mortgage

Map preview of 130 W Racquet Club Rd #508, Palm Springs, CA 92262

Property Overview: 130 W Racquet Club Rd #508 Palm Springs, CA has 2 bedrooms, 1 bathrooms, 1,310 living square feet and 1,174 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

130 W Racquet Club Rd #508 is currently an off market home in the city of Palm Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Springs has a median list price of $796,900. The median price per/sqft for Palm Springs is $481. With those numbers in mind, if you are looking to purchase a median priced home in Palm Springs, CA and put 20% down you will need to save up $159,380 for the down payment and will need roughly $15,938 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Springs the commission could be as much as $38,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 130 W Racquet Club Rd #508

Last sold for $425,000 on December 30th, 2016

December, 2016
Dec 30, 2016

Date

Sold

CRMLS: 16182558PS

$425,000

Price
Dec 21, 2016

Date

Pending

CRMLS: 16182558PS

$439,000

Price
Dec 4, 2016

Date

Active Under Contract

CRMLS: 16182558PS

$439,000

Price
Nov 25, 2016

Date

Active

CRMLS: 16182558PS

$439,000

Price
Listing provided courtesy of CRMLS

Live in the gated Club Condominiums community which was part of the historic "Racquet Club" made popular by Hollywood's elite back in the 1930's. The community is a variety of properties built with high walls and central living spaces with 10-foot tall ceilings and floor to ceiling glass. This private walled pool villa is a perfect weekend retreat or full-time residence with 2 en-suite master suites offering bathrooms with quartz counters (2016) and skylights, a dining area with built-in cabinets and wet bar, along with a wonderful private west-facing yard with pool edged by artificial turf. Just minutes from shopping, dining and the downtown area, relax and enjoy the mid-century lifestyle of this residence.

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December, 2016
Dec 30, 2016

Date

Sold (Public Records)

Public Records

$425,000

Price
March, 2016
Mar 23, 2016

Date

Sold (Public Records)

Public Records

$415,000

Price
October, 2015
Oct 30, 2015

Date

Price Change

CRMLS: 15954549PS

$429,900

Price
Listing provided courtesy of CRMLS

The "Club Condominiums" is a community that was part of the historic "Racquet Club", started by actors Charlie Farrell and Ralph Bellamy in the 1930's, and made popular by their Hollywood friends. The complex is a variety of properties built in the 70's, in the style of William F Cody (full-height glass walls capped with flat roofs) ranging from studios to single family homes. This "pool villa" has 2 master suites, a large central living space, 10 foot ceilings with floor to ceiling glass, handsome mountain views and a private backyard with a swimming pool. The present owner has upgraded the kitchen and appliances (2011), re-surfaced the pool (2012), added a new pool heater (2015) and installed drought friendly artificial turf. The complex is in financial good health, is beautifully maintained and has a cohesive board of directors who respect the Club's history, yet have an open eye to the future.

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Tax History for 130 W Racquet Club Rd #508

Assessed Value (2020): $451,013

Year	Land Value	Improved Value	Assessed Value
2020	$135,304	$315,709	$451,013

About 130 W Racquet Club Rd #508

Detailed summary of property

130 W Racquet Club Rd #508 is a condominium in Palm Springs, CA 92262 and last sold on December 30, 2016 for $425,000. This condo has 2 bedrooms, 1 bathrooms, roughly 1,310 living square feet, and sits on an approximately 1,174 square foot lot. Homes in Palm Springs are selling for a median price of $775,000 and a median price per square foot of $455. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 45.16% lower than the current median priced home. 130 W Racquet Club Rd #508 was last sold on December 30, 2016 for $425,000. Local nearby listings include 25618 Byron St, 25546 Amanda St and 25597 Pacific St. The average home in Palm Springs, CA is selling in 107 days. There are currently 915 homes for sale in the Palm Springs real estate market and 475 of them are single family homes while 424 of them are condos and 16 are townhomes. If you are the homeowner and looking to sell the home at 130 W Racquet Club Rd #508 Palm Springs, CA 92262 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Springs agents.

Public Facts for 130 W Racquet Club Rd #508

Public county record property details

Beds: 2
Baths: 1
Year built: 1979
Sq. Ft.: 1,310
Lot Size: 1,174
Stories: 1

Type: Condominium Unit (Residential)
Pool: Yes
Spa: No
County: Riverside
Lot#: 8
APN: 504-361-008

The source for these homes facts are from public records.

92262 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$829,888

Median List Price/Sq.Ft.

$490

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

502

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (15.6%), FHA (2.75%), VA (1.83%), Cash (38.53%), Other (14.68%)

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