NOT LISTED FOR SALE

Estimated Value: $1,144,000 - $1,470,000

5 Beds
5 Baths
4,456 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $880,000 $197 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,436/month

About This Home

Exceptional quality and attention to detail in this beautiful home.Private courtyard opens to this spacious home with 5 BD/5BA which includes a lovely casita.Immaculate Regent model, largest single story in highly desired Versailles in one of the finest locations in the heart of Rancho Mirage.West facing lush and private back yard with mountain views. Brand new pebble tech pool and spa, with huge wrap around patio, create an outdoor paradise. Home features three fireplaces, large living room with bar, Great Room with gourmet kitchen and large family room. Master Suite with beautiful master bath, and huge walk in closet.All guest rooms, and casita are ensuite and very spacious.Over sized garage has lots of storage with custom cabinets, and currently houses 3 cars and a golf cart.This sought after community has very low HOA's, and is in the IID electric district for much lower electric costs. This beautiful home is in move in condition, and is one of a kind.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Clark Joni M
Bought by
Owens Lynex and Clark Joni
Current Estimated Value
$1,362,204

Purchase Details

Listed on
Dec 13, 2018
Closed on
Mar 6, 2019
Sold by
Gay Timothy J and Gay Judy J
Bought by
Clark Joni M
Seller's Agent
Sandra Palmer
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$920,000
Sold Price
$880,000
Premium/Discount to List
-$40,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$791,912
Outstanding Balance
$694,807
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$667,397

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jan 15, 2016
Sold by
Gay Timothy J and Gay Judy J
Bought by
Timothy & Judy Gay Family Trust
Seller's Agent
Carol Graff-Radford
Bennion Deville Homes
Buyer's Agent
Patrick Lynn
HOM Sotheby's International
List Price
$879,000
Sold Price
$805,000
Premium/Discount to List
-$74,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%

Purchase Details

Listed on
Feb 26, 2015
Closed on
Nov 25, 2015
Sold by
Gay Judy
Bought by
Gay Timothy J
Seller's Agent
Carol Graff-Radford
Bennion Deville Homes
Buyer's Agent
Patrick Lynn
HOM Sotheby's International
List Price
$879,000
Sold Price
$805,000
Premium/Discount to List
-$74,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2015
Closed on
Oct 21, 2015
Sold by
Whelchel James P and Whelchel Catherine Anne
Bought by
Gay Timothy J
Seller's Agent
Carol Graff-Radford
Bennion Deville Homes
Buyer's Agent
Patrick Lynn
HOM Sotheby's International
List Price
$879,000
Sold Price
$805,000
Premium/Discount to List
-$74,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2003
Sold by
Peter Solomon Inc
Bought by
Allseits Cathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Owens Lynex -- None Available
Clark Joni M $880,000 Orange Coast Title Co
Timothy & Judy Gay Family Trust -- None Available
Gay Timothy J -- None Available
Gay Timothy J -- Lawyers Title
Gay Timothy J $810,000 Lawyers Title
Allseits Cathleen L $630,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Joni M $791,912
Previous Owner Gay Timothy J $417,000
Previous Owner Allseits Cathleen L $329,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2019 03/28/19 Sold $880,000 -4.3% $197 / Sq Ft View Prior Sale
02/28/2019 02/28/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $920,000 +14.3% $206 / Sq Ft
12/03/2015 12/03/15 Sold $805,000 -2.7% $181 / Sq Ft View Prior Sale
10/13/2015 10/13/15 Pending -- -- --
10/01/2015 10/01/15 Price Changed $827,000 +2.7% $186 / Sq Ft
06/16/2015 06/16/15 Off Market $805,000 -- --
06/04/2015 06/04/15 For Sale $879,000 0.0% $197 / Sq Ft
02/26/2015 02/26/15 For Sale $879,000 -- $197 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,351 $1,002,875 $104,577 $898,298
2023 $13,351 $963,934 $100,517 $863,417
2022 $13,129 $945,035 $98,547 $846,488
2021 $12,588 $906,898 $96,615 $810,283
2020 $11,989 $897,600 $95,625 $801,975
2019 $11,529 $859,577 $214,893 $644,684
2018 $11,233 $842,724 $210,681 $632,043
2017 $11,105 $826,200 $206,550 $619,650
2016 $10,748 $810,000 $202,500 $607,500
2015 $10,787 $830,000 $205,000 $625,000
2014 $12,697 $973,000 $241,000 $732,000
Source: Public Records

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