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Updated: 12/11/11 

1187 East Racquet Club Rd. PALM SPRINGS, CA 92262
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100% + Over Base Market Value
Price:
Base Market Value:
$439,000

$96,796
PROPERTY INFORMATION
PHOTOS & MAP
MORE REAL ESTATE IN PALM SPRINGS

MARKET LAB
SCATTER * PLOT
COMPARABLES
INSIDER INFO
BELL CHART
 
Updated: 12/11/11  InActive
Property Type : Single Family Home
Sub-Type : Ground Floor Unit Location
Property ID : #3246205
MLS ID : 21442980

InSight :
Ownership/ Sale Type : SIGN IN TO VIEW
Property Condition : SIGN IN TO VIEW
Financing : SIGN IN TO VIEW

Approx SQFT : 1,232 Lot Acreage : 0.220
Bedrooms : 3 Bathrooms : 2
Garage Stalls : 2 Year Built : 1962
Pool : No SPA : Yes
Type : 1 Story Single Family Home

Refrigerator : No Stove : No
Dishwasher : No Washer/Dryer : No
Gated Community : No Fireplace : No
Parking : Not Listed Microwave : No

Key Comparable Statistics

Comparable Listings:
Price vs Base:
Discount Value:
Price/Sq Ft:
House Square Footage:
Lot Acreage:
Year Built:
1187 EAST RACQUET CLUB RD

--
$439,000
354% Above
$356.33
1232
0.22
1962
COMPARABLES IN 92262

10
$96,796
--
$162.06
1353.80
0.242
1960.9
Property Needs

Greater Palm Springs Realty
    Last Updated:  12/11/11
Listed by:   Greater Palm Springs Realty
Search HOT Discounted Real Estate in PALM SPRINGS, CA
See ALL Property Listings for sale in PALM SPRINGS, CA

1187 East Racquet Club Rd
Palm Springs,  CA  92262
Description of 1187 East Racquet Club Rd :

Residential Income Property; Grossing Over $50,000 Annually As A Vacation Rental. This Palm Springs Alexander, An Architectural Style Known For Purity Of Design, Is Artfully Appointed With Comfort And Luxury At Every Turn. Mid-century Meets Today. Situated On An Over-sized Corner Lot, Just Minutes From Downtown Palm Springs Shops And Restaurants, This Lovely Private Home Offers 2 Inviting Living Areas, Indoors And Out. The Main Indoor Living Area Features A 60 LCD HDTV, DVD, Stereo, Home Theater Sound And Serene, Elegant Seating. The Kitchen, Filled With Every Necessity For High-style Dining And Entertaining, Offers A 5 Burner Gas Range, Stainless Steel Appliances, Custom Hardware & Cabinetry, Decorator Lighting And A Lovely Cocktail Bar Area. Hotel-style Luxuries Abound: Including A Saltwater Pool, Fountain And Spa, And A Convenient Outdoor Kitchen With Built-in Sink. Home Is Being Sold Furnished Per Inventory. Please Call For Documented Rental History.
Interior Features : Exterior Features :

  • Storage Space
  • Turnkey
  • Laundry Area
  • Furnished
  • Great Room
  • Curbs/Walks
  • Barbecue Private
  • Cable TV
  • Hills View
  • Pool View
  • Block Wall Enclosure
  • Sewer In Street Paid
  • Private Spa
  • District Water
  • Yard
Area

331-Palm Spr. N. End
Sub-Division

Racquet Club East
Previous Sales History : Tax History :

  • 2007-07-18:410000
Property Features of 1187 East Racquet Club Rd :

Area: 331-Palm Spr. N. End,Subdivision: Racquet Club East,Approximately 0.22 Acre(s),1 Total Full Bath,1 Total Three-quarter Bath,1 Stories,Hill/mountain View,Type: Ground Floor Unit Location,2 Car Garage(s),Cooling Features: Cooling,Inclusions: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer,Lot Size Is Less Than 1/2 Acre,School District: Palm Springs Unified,Swimming Pool(s),Spa/hot Tub(s),
Information and Data for the Property at 1187 East Racquet Club Rd, PALM SPRINGS, 92262 :

The real estate located at 1187 East Racquet Club Rd in PALM SPRINGS, CA 92262 is a 1,232 square foot Single Family Home featuring 3 Bedrooms and 2 Bathrooms on a parcel lot size of 0.220 Acre. The 1 story property was built in 1962
About the Comparable Properties in the PALM SPRINGS, 92262 Area :

PropertyHookup.com's proprietary real estate search and evaluation software has identified current real estate data on 10 similar comparable properties that are either currently for sale or recently sold in the local PALM SPRINGS, CA 92262 area. These comparable properties are simliar to the subject property located at 1187 East Racquet Club Rd in terms of their interior living square footage, total acre/ lot size, year built, property style and proximity to the property at 1187 East Racquet Club Rd. These 10 similar comparable properties have an average list price of $225,220. These 10 comparable properties feature an average living square footage of 1353.80 which translates to an average price per square foot of $162.06 / Sq.Ft. In this group of 10 comparable properties, our real estate statistical data shows that majority of these properties are valued above the Base Market Value threshold of $96,796.
How to Compare the local real estate values for 1187 East Racquet Club Rd, PALM SPRINGS, 92262 :

When evaluating the comparable value and Base Market Value of the real estate at 1187 East Racquet Club Rd in PALM SPRINGS, CA 92262, we first compare the price of $439,000 to this peer group of 10 properties which have an average list price of $225,220.

The average price per square foot of the 10 comparable real estate listings in PALM SPRINGS, CA 92262 that are similar to 1187 East Racquet Club Rd is $162.06 per square foot.

We also compare the price of $439,000 for the property at 1187 East Racquet Club Rd to the base market value for this property of $96,796.

When compared to the Base Market Value of $96,796 for this total set of comparable PALM SPRINGS properties, the current list price of $439,000 for the property at 1187 East Racquet Club Rd represents a -308% difference in value.

As in any real estate transaction, a substantial difference in price versus base value may be a signal and may reflect the condition or individual features of the property, so be sure to conduct your property and title inspections thoroughly, completely perform all of your due-diligence and consult a qualified California real estate professional like the local PALM SPRINGS real estate agent or brokerage listed below before you make ANY PALM SPRINGS real estate purchase.


Search Discounted PALM SPRINGS, CA Investment Real Estate Opportunities and Foreclosure Property Listings in Palm Springs, CA and 92262




When contacting the qualified real estate agent listed below or any real estate professional about the real estate listing at 1187 East Racquet Club Rd in PALM SPRINGS, CA 92262, please use the property's MLS #: 21442980 or the designated PropertyHookup.com Property ID #: 3246205 for those listings that may not be listed on the MLS.
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