NOT LISTED FOR SALE

114 Lake Shore Dr Rancho Mirage, CA 92270

Estimated Value: $565,000 - $653,000

2 Beds
2.5 Baths
1,615 Sq Ft
$748/mo HOA Fee

Last Sold September 08, 2020

Last sale price $382,000 $237 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,431/month

58 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Golf Course Community
  • James Earl Carter Elementary School Rated A-
  • Parking available for a boat
  • Water Access

About This Home

As of September 2020

Experience desert lakeside resort living in Rancho Mirage's guard-gated Lake Mirage Racquet Club. Of the community's total 80 acres, 19.8 acres is lake (upper and lower), so every home is lakeside with a dock. Soak up the sun on this home's expanded rear patio with breathtaking southwest views of the community's lower lake and the Santa Rosa Mountains. Take a sunset lake cruise through the community in your pedal boat. This Plan 1 Model has two master suites each with an en-suite bathroom and walk-in closet, a powder room, private front courtyard entry, enclosed atrium courtyard off of the kitchen and dining area, and rear south facing covered patio. Being offered turnkey furnished. Lake Mirage Racquet Club provides a truly unique lifestyle with 238 homes behind a 24-hour guarded gate entrance, 11 heated community pools and spas, 10 community tennis and 2 community pickle ball courts, racquetball/squash court, fitness area, a 3 hole pitch and putt golf course, catch and release fishing and boating (with 2 community Yacht Club boats available on both the upper and lower lakes). The community's Yacht Club also enjoys reciprocity with the Southern California Yacht Club Association.

Last Agent to Sell the Property

The Briggs Group

Compass License #01896117 Listed on: 06/28/2020

Co-Listed By

Laurie Briggs

Compass License #01896117

Last Buyer's Agent

Pat Richter

Bennion Deville Homes License #01714910

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $748 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,615 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Great Room
  • Dining Area
  • Laundry in Garage

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • Golf Cart Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Water Access
  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 682230026

Community Details

Overview

  • Association fees include building & grounds, security, clubhouse
  • Lake Mirage Racquet Club Subdivision, Plan 1
  • Community Lake
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities

Recreation

  • Boat Ramp
  • Community Dry Dock
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,500

Year Built

Built in 1988

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Builder Model Name: Plan 1
  • Included In Sale: Furnished per sellers inventory.
  • List Price per Sq Ft: 247.06
  • Lp Sp Ratio: 0.9600
  • View Type: Lake, Mountain(s)
  • Year Built: 1988
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219046613
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 770-7363
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Lake Mirage Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 2
  • Bathroom Features: 2 Master Baths
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Galley Kitchen, Tile Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1615.00

Exterior Features

  • Construction: Hard Coat Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Boat, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: Well

Association/Amenities

  • Community Features: Community Boat Ramp, Pickle Ball Courts, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Clubhouse
  • Association Amenities: Barbecue, Tennis Courts, Lake or Pond, Golf - Par 3, Fitness Center, Dry Dock, Clubhouse, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 748.00
  • Total Monthly Association Fees: 748.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682230026
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1000
  • Lot Location: Water Access
  • Lot Size: 4356.00

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
Jun 28, 2020
Closed on
Aug 10, 2020
Sold by
Spinelli Richard Frank and Spinelli Carole Joyce
Bought by
Katz Ellen and Katz Joseph Kenneth
Seller's Agent
The Briggs Group
Compass
Buyer's Agent
Pat Richter
Bennion Deville Homes
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%
Current Estimated Value
$605,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,278
Avg. Annual Appreciation
10.30%
Original Mortgage
$286,500
Outstanding Balance
$255,286
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$370,080

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 23, 2016
Sold by
Ferrall Sharron Kathleen Prowse O
Bought by
Spinelli Richard Frank and Spinelli Carole Joyce
Seller's Agent
Mickey Elliott
Bennion Deville Homes
Buyer's Agent
Mickey Elliott
Bennion Deville Homes
List Price
$329,500
Sold Price
$305,000
Premium/Discount to List
-$24,500
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$213,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2009
Sold by
Dearmond James E and Dearmond Carol A
Bought by
Oferrall Sharron Kathleen Prowse

Purchase Details

Closed on
Mar 16, 2001
Sold by
Dearmond James E and Dearmond Carol A
Bought by
Dearmond James E and Dearmond Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.98%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Murphy John C and Murphy Illana O
Bought by
Murphy John C and Murphy Illana Q
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
Katz Ellen $382,000 First American Title Company
Spinelli Richard Frank $305,000 First American Title Ins Co
Ferrall Sharron Kathleen Prowse O -- First American Title Ins Co
Oferrall Sharron Kathleen Prowse $300,000 Orange Coast Title Company
Dearmond James E -- Orange Coast Title
Dearmond James E $215,000 Orange Coast Title
Murphy John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Ellen $286,500
Previous Owner Spinelli Richard Frank $213,500
Previous Owner Dearmond James E $173,000
Previous Owner Dearmond James E $188,000
Previous Owner Dearmond James E $193,500
Previous Owner Muprhy John C $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $382,000 -4.3% $237 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
06/28/2020 06/28/20 For Sale $399,000 +30.8% $247 / Sq Ft
08/05/2016 08/05/16 Sold $305,000 -7.4% $189 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $329,500 -- $204 / 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 $5,500 $413,486 $75,769 $337,717
2023 $5,500 $397,432 $72,828 $324,604
2022 $5,247 $389,640 $71,400 $318,240
2021 $5,129 $382,000 $70,000 $312,000
2020 $4,378 $323,666 $80,915 $242,751
2019 $4,300 $317,321 $79,329 $237,992
2018 $4,224 $311,100 $77,775 $233,325
2017 $4,144 $305,000 $76,250 $228,750
2016 $4,048 $299,000 $75,000 $224,000
2015 $4,043 $293,000 $73,000 $220,000
2014 $3,706 $265,000 $66,000 $199,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    The Briggs Group

    Compass

  • L

    Seller Co-Listing Agent in 2020

    Laurie Briggs

    Compass

  • Pat Richter

    Buyer's Agent in 2020

    Pat Richter

    Bennion Deville Homes

    (760) 902-1774

    23 Total Sales

    Pat Richter
    Section Image

  • M

    Seller's Agent in 2016

    Mickey Elliott

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219046613

California Desert Association of REALTORS®

APN: 682-230-026

California Riverside County Rancho Mirage 92270

114 Lake Shore Dr, Rancho Mirage, CA

This home is located at 114 Lake Shore Dr, Rancho Mirage, CA 92270 since 28 June 2020 and is currently estimated at $605,278, approximately $374 per square foot. This property was built in 1988. 114 Lake Shore Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High 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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