NOT LISTED FOR SALE

1118 Lake Vista Palm Desert, CA 92260

Estimated Value: $3,478,000 - $3,634,685

4 Beds
5 Baths
3,498 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $2,150,000 $615 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $22,964/month

22 Days on Market

About This Home

As of May 2014

.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 02/24/2014

Last Buyer's Agent

Sheri Dettman and Associates

License #01753976

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,544

Year Built

2000

Lot Details

0

HOA Fees

$735 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Single Family Or Apt: Single Family
  • Levels: Ground Level
  • Builders Tract Code: Bighorn Golf Club
  • Building Type: Attached
  • Year Built: 2000
  • Price Per Sq Ft: 685.53
  • Special Features: None

Interior Features

  • Flooring: Carpet, Travertine
  • Fireplace Rooms: Master Bedroom
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Total Bathrooms: 5.00
  • Living Area: 3498

Exterior Features

  • Spa: In Ground, Private
  • Pool: In Ground, Private
  • Pool: Yes
  • Spa Yn: Yes
  • View: Golf Course
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Total Parking: 2

Utilities

  • Security: 24 Hour
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • Assessments: 1
  • HOA Fee Frequency: Monthly
  • HOA Fees: 735.00

Lot Info

  • Assessor Parcel Number: 652110012
  • Lot Acreage: 0.3500
  • Lot Size Area: 15246

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Levine Daniel B
Bought by
Razore Joseph H and Razore Michelle L
Current Estimated Value
$3,542,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Outstanding Balance
$1,358,410
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,184,485

Purchase Details

Closed on
Jan 19, 2016
Sold by
Dbl Beer Holdings Llc
Bought by
Levine Daniel B

Purchase Details

Listed on
Feb 24, 2014
Closed on
Mar 20, 2014
Sold by
Markstein Brenda A
Bought by
Dbl Beer Holdings Llc
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Sheri Dettman and Associates
List Price
$2,398,000
Sold Price
$2,150,000
Premium/Discount to List
-$248,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
May 3, 2012
Sold by
Markstein Brenda A
Bought by
Markstein Brenda A

Purchase Details

Closed on
Jan 18, 2011
Sold by
Markstein Robert C and Markstein Brenda A
Bought by
Markstein Brenda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2004
Sold by
Palm Corp
Bought by
Greenville Llc

Purchase Details

Closed on
Jan 18, 2001
Sold by
Boyer Ron
Bought by
Palm Corp
Source: Public Records

Range of Values:

Collateral Analytics

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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
Razore Joseph H $2,700,000 First American Title Company
Levine Daniel B -- None Available
Dbl Beer Holdings Llc -- Lawyers Title Company
Markstein Brenda A -- None Available
Markstein Brenda A -- None Available
Markstein Robert C -- None Available
Greenville Llc -- --
Palm Corp $2,325,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Razore Family Revocable $1,000,000
Open Razore Joseph H $1,890,000
Previous Owner Markstein Brenda $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $2,150,000 -10.3% $615 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $2,398,000 -- $686 / 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 $35,544 $2,922,565 $974,188 $1,948,377
2023 $35,544 $2,809,080 $936,360 $1,872,720
2022 $34,125 $2,754,000 $918,000 $1,836,000
2021 $33,441 $2,700,000 $900,000 $1,800,000
2020 $27,581 $2,241,786 $722,976 $1,518,810
2019 $27,053 $2,197,830 $708,800 $1,489,030
2018 $26,535 $2,154,736 $694,902 $1,459,834
2017 $25,995 $2,112,487 $681,277 $1,431,210
2016 $25,357 $2,071,067 $667,919 $1,403,148
2015 $25,462 $2,039,959 $657,887 $1,382,072
2014 $25,081 $2,010,987 $603,826 $1,407,161
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jacquie Burns

    Bighorn Properties, Inc.

    Section Image

  • S

    Buyer's Agent in 2014

    Sheri Dettman and Associates

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214007617

California Desert Association of REALTORS®

APN: 652-110-012

California Riverside County Palm Desert 92260

1118 Lake Vista, Palm Desert, CA

This home is located at 1118 Lake Vista, Palm Desert, CA 92260 since 24 February 2014 and is currently estimated at $3,542,895, approximately $1,012 per square foot. This property was built in 2000. 1118 Lake Vista is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

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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