NOT LISTED FOR SALE

131 Tepin Way Palm Desert, CA 92260

Estimated Value: $5,822,000 - $8,215,000

5 Beds
6 Baths
6,761 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $6,500,000 $961 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $44,277/month

33 Days on Market

About This Home

As of May 2015

Marketing to follow.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 03/17/2015

Last Buyer's Agent

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 03/17/2015

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,941

Year Built

2015

Lot Details

0

HOA Fees

$775 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Builders Tract Code: Bighorn Golf Club
  • Building Type: Detached
  • Year Built: 2015
  • Legal Description: .42 ACRES IN LOT 1 MB 292/028 TR 27520-5
  • Price Per Sq Ft: 1027.95
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Carpet
  • Fireplace Rooms: Master Bedroom
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Total Bathrooms: 6.00
  • Living Area: 6761

Exterior Features

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

Garage/Parking

  • Garage Details: Detached, Garage Is Detached
  • Garage Spaces: 3
  • Total Parking: 3

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central, Natural Gas
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 775.00
  • Community Features: Golf Course within Development
  • Manager Approval: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 771490017
  • Lot Acreage: 0.4200
  • Lot Size Area: 18295
  • Land Included Yn: No

Rental Info

  • Available For Lease: No
  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Apr 22, 2015
Sold by
Malin Nan Filler
Bought by
The C Kevin Mcarthur & Michelle Whitt Mc
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Jacquie Burns
Bighorn Properties, Inc.
List Price
$6,950,000
Sold Price
$6,500,000
Premium/Discount to List
-$450,000
-6.47%
Current Estimated Value
$6,885,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,785
Avg. Annual Appreciation
0.56%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Ozonian Steve A and Ozonian Lynn T
Bought by
Malin Nan Filler and Sandy Investments Llc

Purchase Details

Closed on
Nov 12, 2004
Sold by
Follmer Todd W and Follmer Traci R
Bought by
Ozonian Steve A and Ozonian Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Bighorn Development Llc
Bought by
Follmer Todd W and Follmer Traci R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

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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
The C Kevin Mcarthur & Michelle Whitt Mc $5,875,000 Lawyers Title Company
Malin Nan Filler $975,000 Wfg Title Oc
Ozonian Steve A -- Fidelity National Title Co
Follmer Todd W $875,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ozonian Steve A $750,000
Previous Owner Follmer Todd W $875,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $6,500,000 -6.5% $961 / Sq Ft
04/19/2015 04/19/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $6,950,000 -- $1,028 / 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 $83,941 $6,954,804 $2,219,617 $4,735,187
2023 $83,941 $6,684,743 $2,133,428 $4,551,315
2022 $80,642 $6,553,671 $2,091,597 $4,462,074
2021 $79,046 $6,425,169 $2,050,586 $4,374,583
2020 $77,532 $6,359,288 $2,029,560 $4,329,728
2019 $76,034 $6,234,597 $1,989,765 $4,244,832
2018 $74,569 $6,112,350 $1,950,750 $4,161,600
2017 $73,070 $5,992,500 $1,912,500 $4,080,000
2016 $71,291 $5,875,000 $1,875,000 $4,000,000
2015 $36,196 $2,908,994 $998,994 $1,910,000
2014 -- $979,426 $979,426 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jacquie Burns

    Bighorn Properties, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215009376

California Desert Association of REALTORS®

APN: 771-490-017

California Riverside County Palm Desert 92260

131 Tepin Way, Palm Desert, CA

This home is located at 131 Tepin Way, Palm Desert, CA 92260 since 17 March 2015 and is currently estimated at $6,885,785, approximately $1,018 per square foot. This property was built in 2015. 131 Tepin Way 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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