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502 E Molino Rd, Palm Springs, CA, 92262

$1,099,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,816 SqFt
$605/SqFt
House

Location

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502 E Molino Rd, Palm Springs$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1963
HeatingForced Air, Natural Gas
FireplaceOutside
ViewMountain(s), Pool
Private PoolYes
MLS #219119418DA
Lot Size0.23 Acres
StatusActive

About 502 E Molino Rd

Welcome home to Palm Springs. This Turnkey Furnished single family home offers both privacy and resort style living. Located in the historic Racquet Club, this Turnkey Furnished residence features 3 bedrooms , 2 baths and a great layout of over 1800 square feet of living space. Inside you will find your very own indoor Movie Theatre equipped with stadium seating, projector and screen. An incredible backyard Oasis complete with enormous private sparkling swimming pool, Tiki Palapa bar, Fire Pit and a majestic mountain backdrop. Chef's kitchen with granite counter tops, island, stainless steel appliances and double door fridge. Primary bedroom is en-suite with French door access to the swimming pool for a late nite swim. Interior laundry room, attached 2 car garage, front courtyard patio. This will make an exceptional Full Time residence or Vacation Escape. This home is equipped for Seasonal or STVR rentals for immediate investment opportunity. Close proximity to all Palm Springs has to offer. Shopping, Dining and easy access to downtown, and Int.10 access. Your Private Resort Home awaits.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1963
  • Stories: 1
  • Living Area: 1,816 SqFt

Listing Office:

  • Office Name: Anselmo Real Estate
  • Office Phone: (760) 861-9701
  • Listing Agent: Michelle Anselmo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: Breakfast Area, Separate/Formal Dining Room, Furnished, Bedroom on Main Level, Main Level Primary
  • Fireplace: Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Pool
  • Exterior: Barbecue, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Back Yard, Irrigation System, Front Yard, Landscaped
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: North on Indian Canyon, East on Francis. North to Sunnyview, Right on E. Molino. Cross Street: N. Sunnyview.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $605/SqFt

Tax Information:

  • Annual Amount: $7,851
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

Med. Sold Price

$638.1K

Med. Price/SqFt

$423

Avg. Days On Market

65

# of Sold Homes

97

502 E Molino Rd vs Palm Springs

41 DAYS ON ROCKET

-24 Days

$1,099,000

+$460.8K More

$605/SqFt

+$182 More

KEY TAKEAWAY

This property is $460.8K more than the Median Sold Price and $182/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219119418DA

Listing Office:

  • Office Name: Anselmo Real Estate
  • Office Phone: (760) 861-9701
  • Listing Agent: Michelle Anselmo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2016Home Sold
$575,000
Jul 31, 1997Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,851$616,515
2020$7,851$610,194
2018$7,572$586,500
2017$1,579$575,000

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4339560
4
/10
  • Vista Del Monte Elementary School

  • 2744 N Via Miraleste

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4339561
5
/10
  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-4339562
6
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 3.53 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,309. The most common annual income of people living in Palm Springs, CA is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 E Molino Rd

What is the listing price of this property?

The listing price of 502 E Molino Rd property is $1,099,000.

What type of property is this?

The property 502 E Molino Rd is a house located in Palm Springs, California, 92262.

Is this property for sale now?

Active Listing: 502 E Molino Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,851 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 13, 2016 for $575,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 E Molino Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 502 E Molino Rd is 1,816 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 E Molino Rd is 1963.

Rocket HomesCaliforniaRiverside CountyPalm Springs92262502 E Molino Rd

This home is located at 502 E Molino Rd in Palm Springs, CA and zip code 92262 in the Racquet Club Estates neighborhood. This 1,816 square foot home, which was built in 1963, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $1,099,000.

In November 2024, from all listings sold in Palm Springs, CA there were more than 9 sold above asking price, over 66 sold below and more than 22 were sold right at the asked price. Between October 2024 and November 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 12.5%. The median list price of listings available in November 2024 was $638,138, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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