NOT LISTED FOR SALE

Estimated Value: $3,871,939 - $4,639,000

4 Beds
6.5 Baths
6,462 Sq Ft
$657/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $4,000,000 $619 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $27,473/month

39 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Mountain View
  • Custom Home
  • Two Primary Bathrooms
  • Retreat

About This Home

As of May 2022

Like a gallery for fine living, this contemporary custom masterpiece in Rancho Mirage illuminates both entertaining and relaxation in a spectacular, exceptionally private setting unrivaled in the desert. A rarified address in guard-gated La Residence, which is limited to just 24 custom homes, accentuates an exclusive ambiance throughout the single-level design of approximately 6,500 square feet. Custom sculptures embellish grounds that embrace more than an acre and feature spectacular mountain views, a circular driveway and motor court, lush lawns, graceful palm trees, multiple patios, and a large pool with spa and waterfall. Floor-to-ceiling windows allow garden and pool views to be enjoyed from grand interior spaces, including a foyer with custom glass art doors that mimic a mountain silhouette, and a great room with numerous sitting areas and a stunning pavilion-style ceiling crowned by a long skylight. A formal dining room reveals a triple-tray ceiling, abundant storage is offered in the oversized wine cellar with media room for great casual evenings at home. A curvilinear wall of glass brings the outdoors into an island kitchen with quartz countertops that is newly remodeled. Four ensuite bedrooms and six and a half baths provide luxurious comfort for all, with the master suite offering sublime views, a sitting area, separate office and opulent bath. Limestone and wood flooring complements custom built-ins, skylights. recessed, art and indirect lighting, owned solar too

Last Agent to Sell the Property

Deirdre Coit

Compass License #00956865 Listed on: 03/31/2022

Compass

Last Buyer's Agent

Louise Hampton

Berkshire Hathaway HomeServices California Properties License #00802409T

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,674

Year Built

  • Built in 1991

Lot Details

  • 1.03 Acre Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 6,462 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Awning
  • Double Door Entry
  • Living Room
  • Breakfast Room
  • Dining Area
  • Travertine
  • Mountain Views

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Two Primary Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Eco-Friendly Details

  • Solar owned by seller

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Stone Porch or Patio
  • Water Fountains
  • Gazebo
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 674380044

Community Details

Overview

  • Association fees include cable TV
  • La Residence Subdivision
  • Planned Unit Development

Recreation

  • Dog Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,674

Year Built

Built in 1991

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Building Style: Contemporary
  • Included In Sale: Furnishings and several outdoor sculptures
  • List Price per Sq Ft: 649.95
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1991
  • Listing I D: 219076365
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 2905 E. Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Member Fax: (760) 322-5083
  • Selling Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Land Type: Fee
  • Subdivision: La Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Washer, Refrigerator, Disposal, Dishwasher
  • Range Hood: Yes
  • Flooring: Travertine
  • Bedroom Features: Master Retreat
  • Total Bedrooms: 4
  • Bathroom Features: 2 Master Baths
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Eating Areas: Breakfast Room
  • Kitchen Features: Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 6462.00

Exterior Features

  • Construction: Stucco
  • Other Features: Custom Built, Solar System Owned
  • Other Structures: Gazebo
  • Roofing: Composition
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s), Rock - Stone
  • Pool: Yes
  • Pool Accessories: Fountain
  • Pool Construction: In Ground
  • Pool Description: Heated, Waterfall
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Doggie Park
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 674380044
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 44867.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Mar 5, 2021
Sold by
Childs Timothy A and Childs Terri B
Bought by
Tea Daniel Robert and Daniel Robert Tea Rev Inter Vi
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Louise Hampton
Berkshire Hathaway HomeServices California Properties
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$4,244,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,944,646
Avg. Annual Appreciation
14.69%

Purchase Details

Listed on
Nov 19, 2014
Closed on
Dec 19, 2014
Sold by
Fraiman Robert J and Fraiman Nancy M
Bought by
T & T Childs Living Trust
Seller's Agent
Team Gina and Constantine
Bennion Deville Homes
Buyer's Agent
Unknown Member
List Price
$1,870,000
Sold Price
$1,750,000
Premium/Discount to List
-$120,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$1,312,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 1997
Sold by
Fraiman Robert J
Bought by
Fraiman Robert J and Fraiman Nancy M
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
Tea Daniel Robert $2,300,000 First American Title Company
T & T Childs Living Trust $1,750,000 Wfg National Title Company
Fraiman Robert J -- --
Fraiman Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T & T Childs Living Trust $1,312,500
Previous Owner Fraiman Robert J $900,000
Previous Owner Fraiman Robert J $497,000
Previous Owner Fraiman Robert J $523,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $4,000,000 -4.8% $619 / Sq Ft
03/31/2022 03/31/22 For Sale $4,200,000 +82.6% $650 / Sq Ft
03/19/2021 03/19/21 Sold $2,300,000 -4.0% $356 / Sq Ft
02/13/2021 02/13/21 Price Changed $2,395,000 -4.0% $371 / Sq Ft
09/02/2020 09/02/20 For Sale $2,495,000 +42.6% $386 / Sq Ft
04/12/2015 04/12/15 Off Market $1,750,000 -- --
02/06/2015 02/06/15 Sold $1,750,000 -6.4% $292 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
11/19/2014 11/19/14 For Sale $1,870,000 -- $312 / 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 $46,674 $3,747,124 $791,660 $2,955,464
2023 $46,674 $3,601,620 $760,920 $2,840,700
2022 $30,912 $2,346,000 $229,500 $2,116,500
2021 $26,754 $2,030,896 $488,595 $1,542,301
2020 $25,341 $2,010,073 $483,586 $1,526,487
2019 $24,898 $1,970,660 $474,104 $1,496,556
2018 $24,425 $1,932,020 $464,808 $1,467,212
2017 $24,062 $1,894,139 $455,695 $1,438,444
2016 $23,347 $1,857,000 $446,760 $1,410,240
2015 $21,535 $1,750,000 $438,000 $1,312,000
2014 $25,727 $2,072,000 $514,000 $1,558,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219076365

California Desert Association of REALTORS®

APN: 674-380-044