$1,900,000
SOLD DEC 22, 2016

1120 Lake Vista Palm Desert, CA 92260

4 Beds
4.5 Baths
3,314 Sq Ft
0.27 Acres

Recently Sold

$573 Per Sq Ft

17% Below List Price

208 Days on Market

Highlights

  • Lake Front
  • Attached Guest House
  • Pebble Pool Finish
  • Palm Desert High School Rated A
  • Golf Course Community
  • Primary Bedroom Suite

About This Home

As of February 2021

Welcome to an amazing view of waterfalls, palm trees and mountains - all facing due south! The four bedroom suite home is ready for immediate occupancy within the gates of BIGHORN Golf Club. Contemporary ledger stone mixed with grass paper wall treatments and metal ceiling accents makes this professionally furnished home a timeless desert getaway. Indoor outdoor living with waterside dining, BBQ center, chaise lounges, fire pit and three waterfall views. Open kitchen with lots of light. Mature landscaping in private entry courtyard and throughout the property. Three suites inside the main residence and one separate-entry guest house, complete with refrigerator and morning bar. Great storage in garage with built-in cabinetry. Offered as seen, including artwork.

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 05/09/2016

Last Buyer's Agent

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 05/09/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,660

Year Built

  • Built in 2000

Lot Details

  • 0.27 Acre Lot
  • Lake Front
  • Home has North and South Exposure
  • Landscaped
  • Back and Front Yard

HOA Fees

  • $810 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 3,314 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Raised Hearth
  • Gas Log Fireplace
  • Stone Fireplace
  • Shutters
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Marble Bathroom Countertops
  • Double Vanity
  • Bidet
  • Secondary bathroom tub or shower combo
  • Marble Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652110013

Community Details

Overview

  • Association fees include cable TV, security, trash
  • Bighorn Golf Club Subdivision

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,660

Year Built

Built in 2000

Lot Details

0

HOA Fees

$810 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Bighorn Golf Club
  • Building Number Of Stories: 2
  • Building Style: Contemporary
  • List Price per Sq Ft: 692.52
  • Lp Sp Ratio: 0.8279
  • View Type: Lake, Mountain(s), Park/Green Belt, Water
  • Water District Name: CVWD
  • Year Built: 2000
  • Listing I D: 216015064
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8445
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Selling Member Fax: (760) 610-8445
  • Selling Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Selling Office Fax: (760) 779-1983
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Gas Range, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Great Room, Master Bedroom
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+), Open Floorplan, Wet Bar
  • Range Hood: Yes
  • Fireplace Features: Fire Pit, Gas Log, Raised Hearth, Stone
  • Flooring: Carpet, Travertine
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Double Vanity(s), Marble Counters, Marble Shower, Powder Room, Shower & Tub, Under Vanity Lighting
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Living/Dining Combo
  • Kitchen Features: Galley Kitchen, Granite Slab Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3314.00
  • Windows Treatments: Custom Window Covering, Shutters

Exterior Features

  • Construction: Glass, Stone Veneer, Stucco, Wood
  • Other Features: Barbeque Private
  • Other Structures: Guest House Attached
  • Built-in BBQ: Gas
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Zoned
  • Heating: Central, Forced Air, Zoned
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Central

Association/Amenities

  • Community Features: Community Mailbox, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Yes
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security, Trash
  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 810.00
  • Total Monthly Association Fees: 810.00

Lot Info

  • Assessor Parcel Number: 652110013
  • Lot Acres: 0.2700
  • Lot Description: Back Yard, Front Yard, Landscaped, Utilities Underground
  • Lot Location: Lake Front, Waterfront
  • Lot Size: 11761.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Feb 13, 2021
Sold by
Murry James R
Bought by
Frimmer Paul N and Cooper Craig
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Phyllis Cyphers
Compass
List Price
$2,850,000
Sold Price
$2,555,000
Premium/Discount to List
-$295,000
-10.35%
Current Estimated Value
$3,191,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,946
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Jul 28, 2016
Sold by
Bessette Michelle
Bought by
Murry James R

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bessette Michelle
Bought by
Bessette Michelle and The Bessette U S Property 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
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2011
Sold by
Merlino Donald J and Merlino Joan P
Bought by
Bessette Michelle and The Bessette U S Property Trust

Purchase Details

Closed on
Jan 26, 2001
Sold by
Pinnacle Development Ii Llc
Bought by
Merlino Donald J and Merlino Joan P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,555,000 Lawyers Title Company
Grant Deed $1,710,000 Lawyers Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed -- Lawyers Title
Grant Deed $1,870,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $2,555,000 -10.4% $771 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $2,850,000 +50.0% $860 / Sq Ft
12/22/2016 12/22/16 Sold $1,900,000 -17.2% $573 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $2,295,000 -- $693 / 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 $33,660 $4,962,950 $568,276 $4,394,674
2023 $33,660 $2,658,222 $546,210 $2,112,012
2022 $32,314 $2,606,100 $535,500 $2,070,600
2021 $22,830 $1,833,464 $707,653 $1,125,811
2020 $22,398 $1,814,665 $700,397 $1,114,268
2019 $21,970 $1,779,084 $686,664 $1,092,420
2018 $21,552 $1,744,200 $673,200 $1,071,000
2017 $21,114 $1,710,000 $660,000 $1,050,000
2016 $25,179 $2,056,290 $757,580 $1,298,710
2015 $25,283 $2,025,404 $746,201 $1,279,203
2014 $19,569 $1,557,000 $574,000 $983,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216015064

California Desert Association of REALTORS®

APN: 652-110-013