tomo logo

$799,000

Beds
3
Baths
2.0
sq ft
1,475

401 E San Rafael Dr, Palm Springs, CA 92262

401 E San Rafael Dr

Palm Springs, CA 92262

  • 67 days on market
Imagine escaping to your own private oasis in the desert, where the warm sun meets the tranquil ambiance of your welcoming home. This move-in ready property sits on a large lot, providing ample space to relax in style. The private backyard features a sparkling pool, perfect for cooling off on hot desert days, a spa, and plenty of entertaining space. As you step inside, you'll be greeted by a beautifully designed interior, complete with modern amenities and sleek finishes. The recently redone stunning kitchen features stainless steel appliances, gorgeous tile floor, recessed lights, modern open shelving and quartz countertops. A wine fridge by the bar counter makes the open floor plan ideal for gatherings. Unwind in the spacious primary bedroom that has a gorgeous en-suite bathroom, walk-in custom closet and easy access to the pool area. Two additional guest bedrooms are generous in size and share a remodeled bathroom. A stunning front yard with privacy hedges has many options for entertaining. A large two car garage with a convenient direct entry and storage shed in the yard completed this home. Ideally located near shops and restaurants, you will have an abundance of dining options and entertainment. Great potential for short term rentals with proven history available upon request. No HOA and no land lease. Owned solar panels and electrical car charger. Whether you're looking to entertain, relax, or simply call the desert your own, this incredible home has everything you need to live your best desert life. Short Term Rentals allowed. Part of ''Upper West Side'' with a 12.54% saturation as of 8/24, check with city for confirmation, this is a great benefit of this street in particular. Has been a very profitable STR for the owners.

Details

Property type

Single Family Residence

Est. home value

$812,402

Property condition

Updated/Remodeled

Lot size

0.27 acres

Price per sq ft

$542

Year built

1984

HOA

No

Price History

10/16/2024
CLAW

CLAW #24453355

Listed
$799,000
-3.15%
09/14/2024
CLAW

CLAW #24410911

Removed
$825,000
09/13/2024
CLAW

CLAW #24410911

Listed
$825,000

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

$122,811
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$612,269
Cash to seller
$122,811

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

Seller’s Loan History

Lender

Sunstreet Mortgage Llc

Loan start date

August 2021

Original loan amount

$660,000

Est. remaining balance

$612,269

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Brian Amstadter and Elizabeth Amstadter

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: 12/22/2024 at 9:55 PM

Listing updated: 12/05/2024 at 2:37 PM

Listed by: Elizabeth Marquart, RE/MAX ESTATE PROPERTIES Phone #: (310) 559-5570

MLS: CLAW #24453355

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