NOT LISTED FOR SALE

15 Buckingham Way Rancho Mirage, CA 92270

Estimated Value: $975,000 - $1,082,000

4 Beds
3.5 Baths
2,893 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $550,000 $190 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,852/month

147 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Peek-A-Boo Views
  • Solar Power System
  • Gated Community
  • Secondary bathroom tub or shower combo

About This Home

As of July 2014

Price Reduction! Your own private Buckingham Palace in a more convenient location than London, with nicer weather and solar panels! This sprawling Victoria Falls home has a grand courtyard and entry with a separate and private Casita your guests may not want to leave. The sun filled formal living room shares a double/see-through fireplace with the family room, open to the kitchen with a roomy island and loads of workspace to ease creation of large dinner parties. The formal dining room is fit for royalty, and the master suite is truly king sized. The den sports a wall of cabinetry and shelving for an envious office space, and the saltwater pool is crowned by a spa with a waterfall and lush lawn to dig your toes into while inhaling the heady aroma of dinner sizzling on your built-in BBQ. (Solar Panel featured are Seller Owned NOT leased)

Last Agent to Sell the Property

Scott Jim Homes Team

Bennion Deville Homes License #01256351 Listed on: 01/29/2014

Co-Listed By

James Sanak

Bennion Deville Homes License #01372754

Last Buyer's Agent

Kim Melrose

Keller Williams Realty License #01247361

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,204

Year Built

  • Built in 2002

Lot Details

  • 0.31 Acre Lot
  • North Facing Home
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Sprinklers on Timer
  • Lawn

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Peek-A-Boo
  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,893 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • See Through Fireplace
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Green Features
  • Solar Power System
  • Solar Heating System

Pool

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 676540027

Community Details

Overview

  • Victoria Falls Subdivision

Recreation

  • Tennis Courts

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,204

Year Built

Built in 2002

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Victoria Falls
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 193.23
  • Lp Sp Ratio: 0.9839
  • View Type: Mountain(s), Pool, Peek-A-Boo
  • Year Built: 2002
  • Co Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (760) 567-1550
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 214002703
  • Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Victoria Falls
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: See Through
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Dressing Area, Walk In Closet, Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Dual Entry-Jack & Jill, Shower Stall, Shower & Tub, Linen Closet, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room, Dining Area
  • Kitchen Features: Granite Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2893.00
  • Windows Treatments: Custom Window Covering, Blinds, Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Heated, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas, Solar
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 225.00
  • Total Monthly Association Fees: 225.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 676540027
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3100
  • Lot Description: Lawn, Landscaped
  • Lot Location: Corner Lot
  • Lot Size: 13504.00

Green Features

  • Green Energy Generation: Solar
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2015
Sold by
Ostrem Bruce and Ostrem Lisa
Bought by
The Bruce Wayne Osterm & Lisa Ann Ostrem
Total Days on Market
147
Current Estimated Value
$1,047,820

Purchase Details

Listed on
Jan 29, 2014
Closed on
Jun 5, 2014
Sold by
Heie John and Heie Dorine R
Bought by
Ostrem Bruce and Ostrem Lisa
Seller's Agent
Scott Jim Homes Team
Bennion Deville Homes
Buyer's Agent
Kim Melrose
Keller Williams Realty
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$417,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2010
Sold by
Heie John and Heie Dorine R
Bought by
Heie John and Heie Dorine R

Purchase Details

Closed on
Nov 2, 2001
Sold by
Solomon Peter
Bought by
Heie John and Heie Dorine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.99%
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 Buyer Sale Price Title Company
The Bruce Wayne Osterm & Lisa Ann Ostrem -- Orange Coast Title Company
Ostrem Bruce $550,000 Lawyers Title
Heie John -- None Available
Heie John $432,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostrem Bruce Wayne $453,000
Closed Ostrem Bruce W $27,000
Previous Owner Ostrem Bruce $417,000
Previous Owner Heie John $370,000
Previous Owner Heie John $200,000
Previous Owner Heie John $305,500
Previous Owner Heie John $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $550,000 -1.6% $190 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $559,000 -3.5% $193 / Sq Ft
03/07/2014 03/07/14 Price Changed $579,000 -1.0% $200 / Sq Ft
01/29/2014 01/29/14 For Sale $585,000 -- $202 / 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
2023 $9,204 $647,060 $158,832 $488,228
2022 $8,995 $634,373 $155,718 $478,655
2021 $8,793 $621,935 $152,665 $469,270
2020 $8,396 $615,559 $151,100 $464,459
2019 $8,340 $603,490 $148,138 $455,352
2018 $8,106 $591,658 $145,234 $446,424
2017 $8,005 $580,058 $142,387 $437,671
2016 $7,722 $568,686 $139,596 $429,090
2015 $7,359 $550,000 $137,500 $412,500
2014 $7,112 $520,114 $130,026 $390,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214002703

California Desert Association of REALTORS®

APN: 676-540-027