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$845,000

Beds
3
Baths
1.75
sq ft
1,764

926 S Calle Santa Cruz, Palm Springs, CA 92264

926 S Calle Santa Cruz

Palm Springs, CA 92264

  • 82 days on market
    • Price drop $30,000↓
True 1959 Mid-Century Modern residence in South Palm Springs that can make a great vacation rental, full-time, or part-time option is conveniently located near historic Highway 111 and sprawling Demuth Park. The home sits on a spacious lot, with a large front lawn and driveway, welcoming covered porch with broad mountain vistas, and a private backyard. Main features include: large and deep swimming pool with adjacent jacuzzi; concrete flooring throughout the interior; open kitchen area with vintage 1959 O'Keefe & Merritt oven, refrigerator, and dishwasher; separate yet sizable living , dining, and family room areas; primary suite has exterior access and ensuite bathroom; two additional guest rooms; convenient guest bathroom with pool access, and side area in the backyard convenient for grilling and gathering. Demuth Park is Palm Springs largest park and features a fitness facility offering exercise classes, 12 pickleball courts and a tennis court, soccer fields, baseball diamonds, a full basketball court, bike and walking paths, and rolling hills full of open green space. The property has a vacation rental permit and is not on leased land nor in a HOA. Furnishings are negotiable outside escrow.

Details

Property type

Single Family Residence

Est. home value

$891,076

Lot size

Unknown

Price per sq ft

$480

Year built

1959

Price History

09/26/2024
DesertArea

DesertArea #219113927

Price change
$845,000
-3.43%
09/02/2024
DesertArea

DesertArea #219113927

Price change
$875,000
-2.23%
07/08/2024
DesertArea

DesertArea #219113927

Listed
$895,000
+12.02%

Schools & Community

Neighborhood: 

Demuth Park

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

$218,062
Asking price
$845,000
Closing costs (~8% of asking)
-$67,600
Est. remaining loan balance
-$559,338
Cash to seller
$218,062

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

Seller’s Loan History

Lender

First Republic Mortgage Inc

Loan start date

September 2021

Original loan amount

$599,250

Est. remaining balance

$559,338

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Isack Fadlon

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: 09/27/2024 at 7:15 PM

Listing updated: 09/27/2024 at 10:11 AM

Listed by: Mike Patakas, Desert Sotheby's International Realty Phone #: (760) 424-3000

MLS: DesertArea #219113927

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