NOT LISTED FOR SALE

1 Picasso Ct Rancho Mirage, CA 92270

Estimated Value: $761,000 - $976,000

3 Beds
3 Baths
2,442 Sq Ft
$357/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $440,000 $180 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,329/month

46 Days on Market

Highlights

  • In Ground Pool
  • Fireplace
  • 1-Story Property
  • Mountain View
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of February 2013

Just Reduced and available for immediate occupancy for an annual rental. Beautiful UNfurnished, 3 bed, 3 bath, in pristine condition, located in the desirable gated community of Versailles. Tile floors and glass french doors throughout. Remodeled to create a fabulous open floor plan from kitchen into family room. Bathrooms, and kitchen have granite counters and updated. En-suite baths and walk in closets in each bedroom. Newer pebble tech pool and spa, and great outdoor space for entertaining! Two car garage PLUS a golf cart garage!

Last Agent to Sell the Property

Michael Hilgenberg

Keller Williams Realty License #00938044 Listed on: 12/07/2012

Keller Williams Realty

Co-Listed By

Eric Peterson

Keller Williams Realty License #01862112

Last Buyer's Agent

Angela Fox-Martin

Bennion Deville Homes License #00964448

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 2005

Lot Details

  • 10,454

HOA Fees

  • $125 per month

Home Design

  • Tile Roof

Interior Spaces

  • 2,442 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Additional Features

  • 10,454 Sq Ft Lot
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • Versailles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 685180029

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,659

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Versailles
  • List Price per Sq Ft: 183.87
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 2005
  • Co Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Listing I D: 21466937
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 770-9991
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Versailles
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2442.00

Exterior Features

  • Roofing: Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 685180029
  • Lot Acres: 0.2400
  • Lot Size: 10454.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
Jan 9, 2013
Sold by
Kakar Amit and Kakar Seena
Bought by
Berry Richard S and Berry Cynthia M
Seller's Agent
Michael Hilgenberg
Keller Williams Realty
Buyer's Agent
Angela Fox-Martin
Bennion Deville Homes
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$872,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,407
Avg. Annual Appreciation
5.52%
Original Mortgage
$352,000
Outstanding Balance
$66,875
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$805,532

Purchase Details

Closed on
Nov 23, 2011
Sold by
The Bank Of New York Mellon
Bought by
Kakar Amit and Kakar Seena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,625
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Scorteanu Anca
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 26, 2005
Sold by
Peter Solomon Inc
Bought by
Scorteanu Anca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,600
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Berry Richard S $440,000 Orange Coast Title Co
Kakar Amit $307,500 Landsafe Title
The Bank Of New York Mellon $346,500 Landsafe Title
Scorteanu Anca $585,000 Orange Coast Title San Berna
Peter Solomon Inc -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Richard S $352,000
Previous Owner Kakar Amit $230,625
Previous Owner Scorteanu Anca $467,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2016 01/23/16 Rented $2,750 0.0% --
01/22/2016 01/22/16 Under Contract -- -- --
01/16/2016 01/16/16 Price Changed $2,750 -3.5% $1 / Sq Ft
11/20/2015 11/20/15 For Rent $2,850 0.0% --
02/06/2013 02/06/13 Sold $440,000 -2.0% $180 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $449,000 -- $184 / Sq Ft
Source: California Desert Association of REALTORS®

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 $7,659 $540,578 $134,215 $406,363
2023 $7,659 $519,589 $129,004 $390,585
2022 $7,459 $509,402 $126,475 $382,927
2021 $7,292 $499,415 $123,996 $375,419
2020 $6,976 $494,295 $122,725 $371,570
2019 $6,947 $484,604 $120,319 $364,285
2018 $6,741 $475,103 $117,961 $357,142
2017 $6,681 $465,789 $115,649 $350,140
2016 $6,459 $456,657 $113,382 $343,275
2015 $6,269 $449,800 $111,680 $338,120
2014 $6,266 $440,992 $109,494 $331,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21466937

California Desert Association of REALTORS®

APN: 685-180-029