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$899,000

Beds
3
Baths
2.0
sq ft
1,560

1490 E Racquet Club Rd, Palm Springs, CA 92262

1490 E Racquet Club Rd

Palm Springs, CA 92262

  • 167 days on market
    • Price drop $78,312↓
Seller Says Sell! Excellent rental income or owner user! Welcome to your dream oasis in the heart of the sought-after Victoria Park/Vista Norte neighborhood! This recently remodeled 3-bedroom, 2-bathroom home is an ideal blend of modern luxury and serene comfort. Captivating features that make this residence truly special include: Prime Location, Stylish Interiors, Comfortable Indoor-Outdoor Living, Top-of-the-Line Appliances and more! Step inside to discover a recently remodeled haven featuring a kitchen island, Quartz counters, and stainless-steel appliances with pops of vibrant orange. The soft close cabinets, recessed lighting, and walk-in pantry add a touch of elegance. This home is short-term rental friendly and offers a walkable distance to Downtown, providing convenience and a vibrant lifestyle. French doors open to a backyard paradise, where you'll find a private and enclosed Pebble Tec pool. The West-facing mountain views create a tranquil ambiance, while the front terracotta patio with sitting areas offers additional space to unwind. Two bedrooms open directly to the backyard, seamlessly integrating indoor and outdoor living. The rainforest showerheads in the bathrooms add a luxurious touch to your daily routine. The garage boasts epoxy flooring, extra cabinets, a butcher block work station, and a fully stocked Husky professional tool box. Practical and stylish, this space is perfect for DIY enthusiasts or anyone looking for additional storage. The kitchen is equipped with a 4-burner Viking professional oven, Viking kitchen gas stove, Viking kitchen hood, and Kitchen Aid stainless steel double door refrigerator with an ice maker. Enjoy the Lennox home air conditioning and heating system, ensuring your comfort year-round. The property comes with a brand-new water heater (2022), and furnishings are negotiable, making it an attractive turnkey option. This home has been an active and successful vacation rental, and rental income details are available upon request. Fee land and no HOA - you have the freedom to enjoy your home on your terms. Don't miss this opportunity to own a slice of paradise in a prime location. Contact us for a showing and experience the charm and functionality of this remarkable property!

Details

Property type

Single Family Residence

Est. home value

$925,741

Property condition

Updated/Remodeled

Lot size

7,405 sq ft

Price per sq ft

$577

Year built

1989

HOA

No

Price History

07/02/2024
CLAW

CLAW #24349903

Price change
$899,000
-8.01%
06/04/2024
CLAW

CLAW #24349903

Removed
$977,312
05/22/2024
CLAW

CLAW #24349903

Price change
$977,312
-1.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$206,725
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$620,355
Cash to seller
$206,725

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$647,000

Est. remaining balance

$620,355

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Alexander P Kraenkel and Anet Alkhas Moushiabad

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/06/2024 at 12:00 AM

Listing updated: 07/02/2024 at 11:13 AM

Listed by: Sarah Pearce, Coldwell Banker Realty Phone #: (714) 348-2350

MLS: CLAW #24349903

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