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2785 North McCarn Road

2785 North McCarn Road, Palm Springs, CA 92262
Sold Sep 27, 2019
$575,000
$960,000 by East West Bank
Mortgage Due Oct 01, 2052
Sold Feb 28, 2018
$458,000
$491,200 by Lendinghome Funding Corp
Mortgage
2785 North McCarn Road in Palm Springs, CA was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 2785 North McCarn Road has 1,225 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of gravel/rock. Water for the property is sourced from a water system. For those who need parking, there is a carport. The garage is 396 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2785 North McCarn Road sold most recently in Sep 24, 2019 for a total of $575,000. If you work out the math, that's approximately a cost of $439.27 per sqft. Before that, the property was also sold for $458,000 in Feb 9, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,910 in taxes each year. The initial year of tax delinquency occurred in 2022. 2785 North McCarn Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $604,425. If we break it down further, the land itself was valued at $88,298. Improvements to the property, however, were assessed at a total of $516,127. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,309
  • Gross Building Area: 1,309
  • Building Area: 1,225
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,225
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RACQUET CLUB ROAD ESTATES 5
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 12 MB 039/008 RACQUET CLUB ROAD ESTATES 5

Ownership

  • Current Owner : KOU DOW AN
  • Previous Owner : KELLER ORGANIZATION INC
  • Owner Before Previous Owner: IANNI MARIA DELCARMEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 941300

Zoning

  • Zoning: R1C

Geography

  • Parcel: 501-072-012
  • Lot: 12
  • Municipality: PALM SPRINGS
  • Latitude: 33.8553
  • Longitude: -116.539

    Address

  • Full Address: 2785 N Mccarn Rd
  • Address - House Number: 2785
  • Street Direction: N
  • Address - Street Name: Mccarn
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C050
  • 4-Digit Zip Code: 2239
  • Zip Code: 92262

Valuation

    Tax

  • Total Area: 1,225
  • Tax Year: 2023
  • Tax Amount: $7,910
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 011-005

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 927,266
  • High Value: 1,093,730
  • Low Value: 760,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Sep 20, 2022
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $676,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,425
  • Assessed Land Value: $88,298
  • Assessed Improvements Value: $516,127

    Sales

  • Current Sale Contract Date: Sep 24, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11657571410
  • Current Sale Price: $575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0385966
  • Previous Sale Recording Date: Feb 28, 2018
  • Previous Sale Contract Date: Feb 09, 2018
  • Previous Sale Amount: $458,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 28, 2018
  • Previous Mortgage Loan Amount: $491,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 2785 North McCarn Road located in?
The 2785 North McCarn Road is a house located in the neighborhood of Racquet Club Estates in Racquet Club Estates, Palm Springs.
What is the average sales price for listings in 2785 North McCarn Road?
The average sales price for units in 2785 North McCarn Road is $0 currently.

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