NOT LISTED FOR SALE

2 Picasso Ct Rancho Mirage, CA 92270

Estimated Value: $931,000 - $1,112,258

4 Beds
2.5 Baths
3,075 Sq Ft
$331/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $979,000 $318 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,684/month

2 Days on Market

Highlights

  • Pebble Pool Finish
  • Mountain View
  • Family Room with Fireplace
  • Gated Community
  • Property is near a clubhouse
  • Tennis Courts

About This Home

As of October 2023

Gorgeous Desert Living at its best! Located in the prestigious gated community of Versailles in Rancho Mirage, directly across from Disney's Cotino Resort, a massive project of 600+ ACRES! Offering breathtaking panoramic mountain views. This stunning 3,075 sq. ft. home features 4 bedrooms and 3 bathrooms on a large .31 acre corner lot. This home features a grand foyer entrance to the formal living room with high vaulted ceilings, granite tile surrounding the first fireplace, and built-in bookshelves. Also featuring a gourmet kitchen with a center island, large walk-in pantry, and upgraded granite slab countertops. The oversized bedrooms have great separation for ultimate privacy. And lastly, a luxurious Primary bedroom with large a walk-in closet and remarkable primary bath with a marble encased tub, walk-in shower, and dual vanities. If you're ready for some fun the resort-style backyard features a pebble tech finish swimming pool, mid-sized spa, BBQ area, trees and covered patio. All located on a generous 13,503 square foot lot. Come experience the ultimate in desert living!!

Last Agent to Sell the Property

Roxanna Nolan

HomeSmart License #02031774 Listed on: 09/09/2023

Last Buyer's Agent

Loan Ly

HK Lane Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,299

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot

HOA Fees

  • $255 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • On-Street Parking

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Location

  • Ground Level
  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 685180026

Community Details

Overview

  • Versailles Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,299

Year Built

Built in 2005

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Building Number Of Stories: 2
  • Included In Sale: Refrigerator, washer, dryer, treadmill, exercise bike, all patio furniture, two leather sofas in tv room, dinner table with eight chairs, china hutch, trundle bed in office, wrought iron bed, white chest and two night stands, selected art work, ladd
  • List Price per Sq Ft: 318.37
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Year Built: 2005
  • Listing I D: 219099640
  • Listing Member Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Address: 431 S. Palm Canyon Drive, Suite 100 Floor 1, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Versailles
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Electric Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 3075.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Gas, Central Air
  • Heating: Central
  • Sewer: In Street Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 255.00
  • Total Monthly Association Fees: 255.00

Lot Info

  • Assessor Parcel Number: 685180026
  • Lot Location: Close to Clubhouse
  • Lot Size: 13503.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Sep 12, 2023
Sold by
Osterbauer Family Trust
Bought by
Dobkin David and Le Maria
Seller's Agent
Roxanna Nolan
HomeSmart
Buyer's Agent
Loan Ly
HK Lane Real Estate
List Price
$979,000
Sold Price
$979,000
Current Estimated Value
$1,016,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,565
Avg. Annual Appreciation
1.87%
Original Mortgage
$726,200
Outstanding Balance
$711,422
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$305,143

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 15, 2018
Sold by
Porche Suzette M
Bought by
Osterbauer William J and The Osterbauer Family Trust
Seller's Agent
Valery Neuman
HK Lane Real Estate
Buyer's Agent
Unknown Member
List Price
$633,000
Sold Price
$625,000
Premium/Discount to List
-$8,000
-1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
May 24, 2007
Sold by
Vazquez Jean Francois and Vazquez Sarah Renee
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Jan 24, 2006
Sold by
Porche Kenneth G and Porche Ruby J
Bought by
Porche Kenneth G and Porche Ruby J

Purchase Details

Closed on
Mar 31, 2005
Sold by
Peter Solomon Inc
Bought by
Porche Kenneth G and Porche Ruby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Dobkin David $979,000 Orange Coast Title
Osterbauer William J $625,000 Lawyers Title Ie
Avelo Mortgage Llc $163,612 None Available
Porche Kenneth G -- None Available
Porche Kenneth G $742,000 Orange Coast Title San Berna
Peter Solomon Inc -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobkin David $726,200
Previous Owner Porche Kenneth G $555,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $979,000 0.0% $318 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $979,000 +56.6% $318 / Sq Ft
11/08/2018 11/08/18 Sold $625,000 -1.3% $203 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $633,000 -- $206 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $13,299 $998,580 $249,645 $748,935
2023 $13,299 $670,122 $80,413 $589,709
2022 $9,289 $656,984 $78,837 $578,147
2021 $9,081 $644,103 $77,292 $566,811
2020 $8,669 $637,500 $76,500 $561,000
2019 $8,695 $625,000 $75,000 $550,000
2018 $8,621 $626,000 $156,000 $470,000
2017 $9,625 $701,000 $175,000 $526,000
2016 $9,485 $701,000 $175,000 $526,000
2015 $8,959 $672,000 $168,000 $504,000
2014 $7,834 $569,000 $142,000 $427,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219099640

Greater Palm Springs Multiple Listing Service

APN: 685-180-026