NOT LISTED FOR SALE

2 Serrano Way Rancho Mirage, CA 92270

Estimated Value: $3,979,273 - $4,617,000

5 Beds
5.5 Baths
6,154 Sq Ft
$698/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $3,905,000 $635 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $28,284/month

465 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Gourmet Kitchen
  • James Earl Carter Elementary School Rated A-
  • Casita
  • Primary Bedroom Suite

About This Home

As of May 2022

Welcome to this exquisite private estate located within the gated premier community of Serrano in Rancho Mirage. This custom-built residence will impress the most knowledgeable craftsman & you will marvel at the quality of construction. Situated on a gated 1.37-acre lot you will appreciate your privacy & seclusion all while being in close proximity to shopping, dining, etc. Enter inside the private gates on your long driveway with interlocking pavers w/ 4 car garage. The architectural masterpiece designed by Robert Hidey features 4 bedrooms + office in the main house w/ a separate private casita w/full kitchen. Each bedroom is en suite with built-ins ensuring your guests the ultimate luxury. Master Bedroom features a fireplace w/separate room perfect for office, exercise, etc. The impeccable grounds feature mature landscape including a grove of fruit trees & includes space for expansion if you want to add a tennis court etc. The south-facing backyard is the ultimate entertainer's paradise featuring, pavers, 2 outdoor kitchen areas, a massive pool/spa, covered loggia, & more. The Kitchen is a chef's dream featuring Subzero refrigerator, Miele dishwasher, Wolf 6 burner w double oven + additional Wolf Oven, warming drawer, built-in microwave, beautiful wood cabinetry, a large center island w/ sink, & large pantry. Additional features include wood baseboards, wine cellar, Halo water softener & so much more. Low HOA dues. Don't miss out on this opportunity.

Last Agent to Sell the Property

Jon Caruana

Compass License #01512713 Listed on: 11/18/2021

Compass

Co-Listed By

Sandi Phillips and Associates

Compass License #01193483

Last Buyer's Agent

Ttk Represents

Compass License #01327863

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,751

Year Built

  • Built in 2004

Lot Details

  • 1.37 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Private Lot
  • Premium Lot
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $341 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 6,154 Sq Ft Home
  • 4-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Secondary bathroom tub or shower combo
  • Steam Shower

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking

Eco-Friendly Details

  • Green Features

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered patio or porch
  • Fireplace in Patio
  • Casita
  • Built-In Barbecue

Additional Homes

  • Guest House
  • Guest House Includes Kitchen

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 685290002

Community Details

Overview

  • Serrano Subdivision
  • Planned Unit Development

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,751

Year Built

Built in 2004

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 4
  • Building Style: Spanish
  • Casita Features: Kitchen
  • List Price per Sq Ft: 633.73
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic
  • Year Built: 2004
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219072380
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Member Fax: (760) 262-3053
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 800 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Selling Office Fax: (760) 820-2629
  • Land Type: Fee
  • Subdivision: Serrano
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Cooktop, Microwave Oven, Gas Oven, Water Purifier
  • Fireplace: Yes
  • Fireplace Location: Den, Patio, Master Retreat, Master Bedroom, Living Room
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings (9 Ft+)
  • Warming Oven Drawer: Yes
  • Fireplace Features: Gas
  • Flooring: Spanish Tile
  • Bedroom Features: Master Retreat, Walk In Closet, Master Suite
  • Total Bedrooms: 5
  • Bathroom Features: Shower & Tub, Steam Shower
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Dining Area, Formal Dining Room
  • Kitchen Features: Granite Counters, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 6154.00

Exterior Features

  • Other Features: Premium Lot
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 341.00
  • Total Monthly Association Fees: 341.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 685290002
  • Irrigation: Drip System, Sprinkler System
  • Lot Acres: 1.3700
  • Lot Description: Automatic Gate, Private
  • Lot Location: Cul-De-Sac
  • Lot Size: 59677.00

Green Features

  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2017
Sold by
Hatfield Michael L and Hatfield Deborah
Bought by
Hatfield Michael Larry and Hatfield Deborah Lee
Current Estimated Value
$4,293,818

Purchase Details

Closed on
Mar 25, 2005
Sold by
Serrano At Ranch Mirage Lot 2 Llc
Bought by
Hatfield Michael L and Hatfield Deborah

Purchase Details

Closed on
Mar 5, 2004
Sold by
Rancho Mirage 9 Llc
Bought by
Serrano At Ranch Mirage Lot 2 Llc

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
5.61%
Mortgage Type
Purchase Money Mortgage
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
Hatfield Michael Larry -- None Available
Hatfield Michael L $3,575,000 Southland Title Inland Empir
Serrano At Ranch Mirage Lot 2 Llc -- Stewart Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano At Ranch Mirage Lot 2 Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $3,905,000 +0.1% $635 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
01/12/2021 01/12/21 For Sale $3,900,000 -- $634 / 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 $50,751 $4,789,736 $1,205,801 $3,583,935
2022 $49,345 $3,905,000 $1,182,158 $2,722,842
2021 $48,540 $3,773,195 $1,043,777 $2,729,418
2020 $43,246 $3,368,924 $931,944 $2,436,980
2019 $42,134 $3,270,800 $904,800 $2,366,000
2018 $40,515 $3,145,000 $870,000 $2,275,000
2017 $40,472 $3,145,000 $870,000 $2,275,000
2016 $44,535 $3,500,000 $881,000 $2,619,000
2015 $45,293 $3,500,000 $881,000 $2,619,000
2014 $45,488 $3,500,000 $881,000 $2,619,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219072380

California Desert Association of REALTORS®

APN: 685-290-002