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$869,000

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

  • 80 days on market
    • Price drop $30,000↓
Discover a fantastic opportunity with this beautifully remodeled 3-bedroom, 2-bathroom home in the coveted Victoria Park/Vista Norte neighborhood. This 1,560 SqFt residence combines modern luxury with serene comfort, nestled on a spacious 7,405 SqFt lot. Explore inside to find an open concept living space showcasing recently updated interiors. The centerpiece of the home is the impressive kitchen, featuring a large island with Quartz countertops, sleek stainless-steel appliances, and vibrant orange accents. Enjoy abundant natural light from the oversized window, and appreciate the functionality of soft-close cabinets, recessed lighting, and a walk-in pantry. The kitchen is equipped with a 4-burner Viking professional oven, Viking gas stove, Viking hood, and a Kitchen Aid stainless steel refrigerator with an ice maker. The living area seamlessly connects to the outdoors through French doors, leading to a private backyard oasis. Relax by the Pebble Tec pool, cook up a feast in the dedicated BBQ area, and take in the tranquil West-facing Mountain views. The front terracotta patio offers additional seating, perfect for enjoying morning coffee or unwinding throughout the day. Two of the bedrooms open directly to the backyard, enhancing the indoor-outdoor living experience. The bathrooms feature luxurious rainforest showerheads and soaking tubs, offering a spa-like retreat. The two-car garage boasts epoxy flooring, extra cabinets, and a butcher block workstation, along with a fully stocked Husky professional toolbox for any DIY projects. The home includes a Lennox air conditioning and heating system for year-round comfort, and a brand-new water heater installed in 2022. This property has been a successful vacation rental and offers excellent short-term rental potential. It comes fully furnished and is ready for you to move in or rent out. With no HOA restrictions, you have the freedom to enjoy the property on your terms. Don't miss the chance to own this exceptional home. Contact us today to schedule a showing and experience this remarkable property firsthand!

Details

Property type

Single Family Residence

Est. home value

$925,741

Lot size

7,405 sq ft

Price per sq ft

$558

Year built

1989

HOA

No

Price History

09/07/2024
CLAW

CLAW #24425551

Price change
$869,000
-3.34%
08/16/2024
CLAW

CLAW #24425551

Listed
$899,000
08/03/2024
CLAW

CLAW #24349903

Removed
$899,000

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

$183,276
Asking price
$869,000
Closing costs (~8% of asking)
-$69,520
Est. remaining loan balance
-$616,204
Cash to seller
$183,276

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

$616,204

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: 11/05/2024 at 12:20 AM

Listing updated: 10/23/2024 at 11:05 AM

Listed by: Zsuzsanna Marosi, JohnHart Corp. Phone #: (818) 246-1099

MLS: CLAW #24425551

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