tomo logo

$975,000

Beds
3
Baths
2.0
sq ft
1,456

373 E Simms Rd, Palm Springs, CA 92262

373 E Simms Rd

Palm Springs, CA 92262

  • 89 days on market
    • Price drop $25,000↓
Welcome to this fully REMODELED mid-century ALEXANDER 3 bedroom 2 bath Home, built in the highly coveted Racquet Club Estate neighborhood, with stunning views of the SAN JACINTO Mountains. Brand new pool and spa with city permits. This home is perfect for your first home or investment property. Home has been renovated from top to bottom. Brand new Pex plumbing, and new Recessed lights throughout the home. Master bathroom is very luxurious with beautiful His & Hers blue shaker cabinet with gold finishes, A HUGE BEAUTIFUL walk-in shower with modern freestanding tub. MASTER BATHROOM IS A MUST SEE!! Brand new tile flooring throughout the house. New paint inside and out. Every window is equipped with shutter blinds. Fully remodeled OPEN kitchen with classic white cabinets, quartz countertops, and BEAUTIFUL BACKSPLASH. Brand new dishwasher, stove, and hood range. Large island with breakfast bar and waterfall look, with pendant lights hanging over, perfect for any gatherings! A huge backyard with Gazebo and firepit perfect for family gatherings. Home comes fully furnished, inside and out. No fee land or HOA, you own the land. This unique home can be your own personal retreat or income generating Airbnb / VRBO vacation rental.

Details

Property type

Single Family Residence

Est. home value

$1,059,763

Lot size

0.24 acres

Price per sq ft

$670

Year built

1963

Price History

05/20/2024
CRMLS

CRMLS #IG24061924

Price change
$975,000
-2.5%
05/05/2024
CRMLS

CRMLS #IG24061924

Price change
$1,000,000
-2.44%
04/19/2024
CRMLS

CRMLS #IG24061924

Price change
$1,025,000
-2.38%

Schools & Community

Neighborhood: 

Racquet Club Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$42,786
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$854,214
Cash to seller
$42,786

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

Seller’s Loan History

Lender

Np Inc

Loan start date

June 2023

Original loan amount

$864,000

Est. remaining balance

$854,214

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Simms Road Llc

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: 06/29/2024 at 7:15 AM

Listing updated: 05/24/2024 at 11:20 AM

Listed by: Jason Moreno, Innovate Realty, Inc. Phone #: (949) 310-6722

MLS: CRMLS #IG24061924

CRMLS logo

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