tomo logo

$1,100,000

Beds
3
Baths
2.0
sq ft
1,585

1809 Marguerite St, Palm Springs, CA 92264

1809 Marguerite St

Palm Springs, CA 92264

  • 2 days on market
Discover this exquisite 1/4-acre property boasting sweeping, uninterrupted mountain views and a tastefully updated Mid-Century Modern home. The open-concept layout seamlessly connects the sleek, modern kitchen with the spacious great room, offering an ideal space for both relaxation and entertainment. The home features three large bedrooms and two stylishly updated bathrooms. With paid-off solar panels and numerous upgrades, it’s as energy-efficient as it is beautiful. Step into your private, resort-like backyard, where you’ll find a pool, spa, cooling misters, and plenty of room for outdoor activities like volleyball or badminton. The fully fenced yard, complete with a secure electronic gate, ensures ultimate privacy. Currently a thriving vacation rental, this oasis is situated in sought-after South Palm Springs, just moments from golf courses, shops, and restaurants.

Details

Property type

Single Family Residence

Est. home value

$1,040,510

Lot size

0.27 acres

Price per sq ft

$695

Year built

1959

HOA

No

Price History

10/22/2024
CRMLS

CRMLS #OC24218153

Listed
$1,100,000
+22.22%
10/22/2021
SanDiego

SanDiego #NDP2111916

Sold
$900,000
+52.54%
06/03/2020
DesertArea

DesertArea #219042428

Sold
$590,000
+20.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palm Springs Unified

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

$464,367
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$547,633
Cash to seller
$464,367

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2021

Original loan amount

$585,000

Est. remaining balance

$547,633

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher Edward Salem and Christopher Edward Salem Living Trust

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?

Status: Active

Tomo last checked: 10/23/2024 at 5:25 PM

Listing updated: 10/23/2024 at 8:45 AM

Listed by: Yazen Haddad, E Realty Phone #: (949) 939-3029

MLS: CRMLS #OC24218153

CRMLS logo

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