502 E Molino Rd, Palm Springs, CA 92262
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502 E Molino Rd Palm Springs, CA 92262

$969,000 Sold Price as of 11/30/2021
  • 3 Beds
  • 1 Baths
  • 1,816 Sq.Ft.
Sold
$969,000 Sold Price as of 11/30/2021 Refinance Your Mortgage

Map preview of 502 E Molino Rd, Palm Springs, CA 92262

Property Overview: 502 E Molino Rd Palm Springs, CA has 3 bedrooms, 1 bathrooms, 1,816 living square feet and 10,019 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the house of fun! This ranch style Alexander built in 1963 will WOW you with all the options for relaxing and having a blast. Inside you will find your very own indoor movie theatre equipped with stadium seating, projector and screen and it is included in the sale! Pop some corn, and watch the big screen in your jammies. After the movies head outside to the tiki palapa bar for a luau with the majestic mountain backdrop and tell each other stories around the firepit. Swim, float or paddle around your big sparkling swimming pool or grab a book and hang out in the shade of your cabana. Back inside you will find a well laid out kitchen with granite counter tops and big double door fridge. Primary bedroom is en-suite with access to sneak out for skinny dipping at night. Located in Racquet Club East next to the historic steel houses. This will make a great full time home, part time home or vacation rental. Furnishings available outside of escrow. You own the land, no HOAs.

Listed by Kristin Rain | BRE #01789500 | BD Homes-The Paul Kaplan Group
Last checked: 4 minutes ago | Last updated: December 1st, 2021 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
10,019
HOA Dues
$0/mo
Year built
1963
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
21769828
City
Palm Springs
County
Riverside
Time on Site
980 days

Virtual Tour

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Property Details for 502 E Molino Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Fire Pit
Room Information
  • Flooring: Tile, Laminate, Carpet
  • Living Room, Master Bathroom, Home Theatre, Projection
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Pool
  • Pool Features: In Ground, Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage
  • Has Attached Garage
Property Information
  • Has View
  • View: Pool, Mountain(s)
  • Parcel Number: 501031022
  • Architectural Style: Ranch
  • Offered With Property: Movie theatre stays including stadium seating and projection equipment.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Subdivision Name: Racquet Club East
  • Directions: From Francis go north on Sunnyview, turn right on Molino. Home will be on your left.
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Sale History for 502 E Molino Rd

Last sold for $969,000 on November 30th, 2021
  • August, 2021

  • Aug 19, 2021

    Date

    Active

    CRMLS: 21769828

    $989,000

    Price

  • October, 2016

  • Oct 14, 2016

    Date

    Sold

    CRMLS: 216025020DA

    $575,000

    Price

  • Sep 3, 2016

    Date

    Price Change

    CRMLS: 216025020DA

    $589,000

    Price

  • Listing provided courtesy of CRMLS

    Alexander, Atomic Ranch,located in a totally sexy neighborhood alongside famous Steel Houses. South facing built in 1963 has all the bells and whistles;3 Beds, Master en suite and 2 guest,2 Baths. Beautifully Renovated kitchen has Granite Slab Counter and Island tops, Travertine floors, Twin Refrigerator and Freezer. Recessed LED lights, Big Dining area, Very large Lovely, Light, Bright Living Room and the Piece de Resistance (or one of them)indoor PROPER THEATRE with projector and screen, complete with leather chairs, arranged/raised for perfect unobstructed viewing of 120HD screen. (The Emmys, The Grammys, Tennis, Movies.) Outdoors At East end of Huge Sparkling Pool; Fire Pit, Covered Open Bar with Water and Gas, Seating at Counter (for Drinking and Dining), At West end of Pool another Theatre(for Rowdy Sporting Events)Separate laundry area, Dual Pane Throughout House, 220 Electric in Kitchen,laundry and Bar. Holiday House,Vacation rental or Family House. SMASHING PRICE.

  • October, 2016

  • Oct 13, 2016

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • July, 1997

  • Jul 31, 1997

    Date

    Sold (Public Records)

    Public Records

    $65,000

    Price

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Tax History for 502 E Molino Rd

Assessed Value (2020): $610,194
Year Land Value Improved Value Assessed Value
2020 $183,058 $427,136 $610,194

Home Value Compared to the Market

This property vs the competition

502 E Molino Rd sold on November 30, 2021 for 52.15% higher than the current median sold price for the city of Palm Springs which is $650,000. The median sold price per/sqft for Palm Springs is $438 and this home is sold at $544.6 per/sqft which puts the price per square foot 24.34% higher than the current median sale per square foot for the city of Palm Springs.

About 502 E Molino Rd

Detailed summary of property

502 E Molino Rd is a single family home that recently sold in Palm Springs, CA 92262. This house offered 3 bedrooms, 1 bathrooms, roughly 1,816 living square feet, and sits on an approximately 10,019 square foot lot. 502 E Molino Rd was first listed on ArdentRealEstateGroup.com on August 19, 2021. The homeowner sold the property for $969,000. Home in Palm Springs are selling for a median price of $650,000 and a median price per square foot of $438. Based on Ardent Real Estate Group's Palm Springs Market Data, this home is sold 52.15% higher than the current median priced home. Local homes that are currently for sale include 19939 Nipoma Court, 17493 Kaison Circle and 19719 Country Rose Dr. While the average home in Palm Springs, CA is selling in 105 days, 502 E Molino Rd has a days on market of 57 days. There are currently 919 homes for sale in the Palm Springs real estate market and 474 of them are single family homes while 428 of them are condos and 17 are townhomes. For more information on this home for sale at 502 E Molino Rd 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 502 E Molino Rd

Public county record property details
Beds
3
Baths
1
Year built
1963
Sq. Ft.
1,816
Lot Size
10,454
Stories
1
Type
Single Family Residential
Pool
Yes
Spa
No
County
Riverside
Lot#
18
APN
501-031-022

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
$839,000
Median List Price/Sq.Ft.
$496
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$487
Total Inventory
504
Median Sale to List Price %
98.06%
Avg Days on Market
53
Loan Type
Conventional (14.12%), FHA (1.18%), VA (0%), Cash (44.71%), Other (20%)

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Related Resources to 502 E Molino Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.