NOT LISTED FOR SALE

10 Mark Terrace Rancho Mirage, CA 92270

Estimated Value: $2,487,000 - $2,701,000

5 Beds
6.5 Baths
5,599 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $1,900,000 $339 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $16,264/month

Highlights

  • Attached Guest House
  • Casita
  • Panoramic View
  • In Ground Pool
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of August 2021

This extraordinary custom contemporary home is in the intimate and private gated community of La Residence in Rancho Mirage. It sits on .49 acres with stunning southern mountain views. The property backs up directly behind the Annenberg Estate. Enjoy the privacy of this open and spacious floor plan with high ceilings throughout, spans 5,599 square feet with 5 bedrooms all ensuite, with one of the bedrooms currently being used as an executive den with two built in desks and shelving. The expansive master bedroom features a fireplace, an oversized walk-in closet, dual bathrooms and an attached room that can be used as a gym or an additional office. Guests will enjoy staying in a private casita with a kitchenette, walk-in closet and its own separate entrance off the main entry courtyard with a lovely water fountain as you make your way to the main entrance through the clear glass french doors. Kitchen is expansive with a separate breakfast area, there is a formal dining room, living and family room all leading out to the magnificent backyard with pool, spa and mature landscape with an extended covered patio. Travertine flooring, multiple fireplaces, dual laundry rooms, 3 car garage and the list of amenities goes on. This extraordinary home is well appointed and ideal for those working from home. This stunning home is perfect for entertaining and plenty of room for social distancing. Some furnishings included per inventory list.

Last Agent to Sell the Property

Rachel Wills

Vista Sotheby's International License #01869998 Listed on: 08/05/2021

Vista Sotheby's International

Last Buyer's Agent

David Sidley

Pacific Sotheby's Int'l Realty License #01501891

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,361

Year Built

  • Built in 1995

Lot Details

  • 0.49 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Private Lot
  • Sprinkler System
  • Lawn
  • Back and Front Yard

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Pool

Interior Spaces

  • 5,599 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Drapes & Rods
  • Double Door Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Storage

Kitchen

  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Two Primary Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Casita

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 674380026

Community Details

Overview

  • Association fees include security
  • La Residence Subdivision
  • Planned Unit Development

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,361

Year Built

Built in 1995

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: Leisure Faces South
  • Levels: Ground Level, No Unit Above, One
  • Building Number Of Stories: 2
  • Casita Features Other: Refrigerator, Sink
  • Entry Location: Living Room
  • List Price per Sq Ft: 339.35
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: CVWD
  • Year Built: 1995
  • Listing I D: 219065814
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Selling Office Fax: (760) 424-3099
  • Land Type: Fee
  • Subdivision: La Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Exhaust Fan, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: Built-In Features, Storage, Recessed Lighting, Bar
  • Fireplace Features: Wood
  • Flooring: Carpet, Travertine, Marble
  • Bedroom Features: Master Retreat, Walk In Closet, Master Suite
  • Total Bedrooms: 5
  • Bathroom Features: 2 Master Baths, Tile Shower, Travertine
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 5
  • Eating Areas: Dining Area, Kitchen Island, Formal Dining Room
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 5599.00
  • Windows Treatments: Drapes

Exterior Features

  • Other Structures: Guest House Attached
  • Fencing: Block
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling Type: Air Conditioning, Wall/Window Unit(s), Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 674380026
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Private, Lawn, Front Yard
  • Lot Size: 21344.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Jun 7, 2021
Sold by
Marquess Fentress Thomas Andrew
Bought by
Diamond Maureen
Seller's Agent
Rachel Wills
Vista Sotheby's International
Buyer's Agent
David Sidley
Pacific Sotheby's Int'l Realty
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$2,574,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,859
Avg. Annual Appreciation
7.56%
Original Mortgage
$1,235,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2021
Sold by
Wagner Wende C and West Wenda C
Bought by
Diamond Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Wagner Michael J and Wagner Wende C
Bought by
Wagner Wende C and West Wende C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2014
Closed on
Sep 12, 2014
Sold by
Tam Kevin and Schonfeld Robert
Bought by
Wagner/West Living Trust
Seller's Agent
Mugge & Man Associates
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,575,000
Sold Price
$1,475,000
Premium/Discount to List
-$100,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,180,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Kondo Kenneth S
Bought by
Tam Kevin and Schonfeld Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Smith Michael V and Crist Alva L
Bought by
Floyd Robert C and Robert C Floyd Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.25%

Purchase Details

Closed on
Jun 24, 1997
Sold by
J C C Homes
Bought by
Smith Michael and Crist Alva L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.58%

Purchase Details

Closed on
Oct 25, 1994
Sold by
J C C Development
Bought by
J C C Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

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Average Value
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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
Diamond Maureen -- Equity Title Company
Diamond Maureen $1,900,000 Equity Title Company
Wagner Wende C -- Equity Title Company
Wagner/West Living Trust $1,475,000 Fidelity National Title Co
Tam Kevin $2,170,000 Orange Coast Title Company
Floyd Robert C $1,550,000 Southland Title Corporation
Smith Michael -- Stewar Title
J C C Homes -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diamond Maureen $1,235,000
Previous Owner Wagner/West Living Trust $1,180,000
Previous Owner Tam Kevin $1,000,000
Previous Owner Floyd Robert C $1,000,000
Previous Owner Smith Michael $480,000
Previous Owner J C C Homes $574,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2021 08/05/21 Sold $1,900,000 0.0% $339 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,900,000 +28.8% $339 / Sq Ft
10/23/2014 10/23/14 Sold $1,475,000 -6.3% $263 / Sq Ft View Prior Sale
10/10/2014 10/10/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $1,575,000 -- $281 / 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 $25,361 $2,016,294 $238,771 $1,777,523
2023 $25,361 $1,938,000 $229,500 $1,708,500
2022 $25,198 $1,900,000 $225,000 $1,675,000
2021 $21,644 $1,637,723 $409,707 $1,228,016
2020 $20,554 $1,620,931 $405,506 $1,215,425
2019 $20,147 $1,589,149 $397,555 $1,191,594
2018 $19,766 $1,557,990 $389,761 $1,168,229
2017 $19,472 $1,527,442 $382,119 $1,145,323
2016 $18,895 $1,497,493 $374,627 $1,122,866
2015 $18,206 $1,475,000 $369,000 $1,106,000
2014 $20,153 $1,610,000 $445,000 $1,165,000
Source: Public Records

Agents Affiliated with this Home

  • Rachel Wills

    Seller's Agent in 2021

    Rachel Wills

    Vista Sotheby's International

    (760) 774-2512

    8 in this area

    69 Total Sales

    Rachel Wills
    Section Image

  • D

    Buyer's Agent in 2021

    David Sidley

    Pacific Sotheby's Int'l Realty

    Section Image

  • M

    Seller's Agent in 2014

    Mugge & Man Associates

    Bennion Deville Homes

    (760) 422-3085

    2 in this area

    12 Total Sales

    Mugge & Man Associates
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Joel Mugge

    Bennion Deville Homes

    (612) 728-2263

    2 in this area

    12 Total Sales

    Joel Mugge
    Section Image

  • N

    Buyer's Agent in 2014

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219065814

California Desert Association of REALTORS®

APN: 674-380-026

California Riverside County Rancho Mirage 92270

10 Mark Terrace, Rancho Mirage, CA

This home is located at 10 Mark Terrace, Rancho Mirage, CA 92270 since 05 August 2021 and is currently estimated at $2,574,859, approximately $459 per square foot. This property was built in 1995. 10 Mark Terrace is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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