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598 Capella Court

598 Capella Court, Palm Springs, CA 92264
Sold Apr 13, 2022
$3,700,000
$3,000,000 by Tbf Investments Llc
Mortgage
Sold Jul 19, 2018
$1,982,500
$1,387,544 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2048
598 Capella Court has been categorized by the local assessors in Palm Springs, CA as a residential type of property. The building on the property was first built in 2018 and is 6 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 598 Capella Court has 3,604 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,246 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 526 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of gravel/rock. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 598 Capella Court sold most recently in Mar 30, 2022 for a total of $3,700,000. If you work out the math, that's approximately a cost of $871.61 per sqft. Before that, the property was also sold for $1,982,500 in Jun 7, 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 $48,247 in taxes each year. 598 Capella Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,774,000. If we break it down further, the land itself was valued at $943,500. Improvements to the property, however, were assessed at a total of $2,830,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 1
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 526
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 4,245
  • Gross Building Area: 4,245
  • Building Area: 3,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 36738
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .35 ACRES M/L IN LOT 25 MB 447/029 TR 36738

Ownership

  • Current Owner : ROBERT CHARLES MARLIN AND KAREN MARIE MARLIN
  • Previous Owner : BAILIN CHRISTOF A
  • Previous Owner 2: BAILIN JANET
  • Owner Before Previous Owner: PALM RIDGE HOUSING LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044807

Geography

  • Subdivision Tract Number: 36738
  • Parcel: 513-270-032
  • Lot: 25
  • Municipality: PALM SPRINGS
  • Latitude: 33.8142
  • Longitude: -116.551

    Address

  • Full Address: 598 Capella Ct
  • Address - House Number: 598
  • Address - Street Name: Capella
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palm Springs
  • Carrier Code: C032
  • 4-Digit Zip Code: 7322
  • Zip Code: 92264

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,247
  • Tax Rate Code Area: 011-003

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 3,810,651
  • High Value: 4,703,525
  • Low Value: 2,917,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: TBF INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,229,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,774,000
  • Assessed Land Value: $943,500
  • Assessed Improvements Value: $2,830,500

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Transaction ID: 11884691959
  • Current Sale Price: $3,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 175902
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Amount: $1,982,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 19, 2018
  • Previous Mortgage Loan Amount: $1,387,544
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Historic Tennis Club



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Frequently Asked Questions

What neighborhood is 598 Capella Court located in?
The 598 Capella Court is a located in the neighborhood of Historic Tennis Club in Historic Tennis Club, Palm Springs.
What is the average sales price for listings in 598 Capella Court?
The average sales price for units in 598 Capella Court is $0 currently.

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