NOT LISTED FOR SALE

25 Lake Shore Dr Rancho Mirage, CA 92270

Estimated Value: $615,000 - $656,000

3 Beds
3 Baths
1,947 Sq Ft
$992/mo HOA Fee

Last Sold June 06, 2024

Last sale price $590,000 $303 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,895/month

445 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • James Earl Carter Elementary School Rated A-
  • Two Primary Bedrooms
  • Community Lake

About This Home

As of June 2024

Furnished end-unit condo on a cul-de-sac with most-desired southern mountain views, directly on the lake in exclusive Lake Mirage. 3 ensuite bedrooms with good separation. Approximately 1947sf. Tile throughout except carpet in living room & bedrooms. New Samsung stainless micro & oven; newer stainless dishwasher; stainless Kitchen Aid refrigerator; 5-burner GE Monogram cooktop. Skylights in kitchen and guest bathroom. Extra-high ceilings in living & dining rooms. Two patios allow choice of sun or shade. Lake-side patio is tiled; 2nd patio off master has pavers. 2-car attached garage with direct access to condo. Pool & spa across the street. Lake Mirage is an exclusive guard/gated community centrally located in the Coachella Valley in the upscale city of Rancho Mirage. Starbucks is within walking distance, plus its close to PSP, Acrisure Arena for music & sporting events, Bristol Farms gourmet grocer, Eisenhower Hospital, El Paseo for world-class art galleries, dining, & shopping, The Mall, McCallum Theatre for live entertainment, and The River dining & entertainment center. Lake Mirage is a small community of 238 condos surrounding 2 lakes where boating & catch-and-release fishing are enjoyed. Graceful white and rare black swans glide around the lakes. There is a clubhouse with social activities throughout the year. And there is a yacht club with reciprocal privileges at other Southern California yacht clubs. HOA $992.

Last Agent to Sell the Property

Suzi Byrd

Bennion Deville Homes License #01394075 Listed on: 03/16/2023

Bennion Deville Homes

Last Buyer's Agent

Tagui Davtyan

Strategic Estates Group License #01855376

Strategic Estates Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,184

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • End Unit
  • South Facing Home

HOA Fees

  • $992 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Flat Roof Shape
  • "S" Clay Tile Roof

Interior Spaces

  • 1,947 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Shutters
  • Vertical Blinds
  • Window Screens
  • Double Door Entry
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking
  • Golf Cart Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 682170065

Community Details

Overview

  • Association fees include building & grounds, security, earthquake insurance, clubhouse
  • 238 Units
  • Lake Mirage Racquet Club Subdivision
  • Community Lake
  • Planned Unit Development

Amenities

  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Card Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,184

Year Built

Built in 1988

Lot Details

0

HOA Fees

$992 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South
  • Levels: Ground Level, No Unit Above, One
  • Builder Model Name: D
  • Builders Tract Code: Lake Mirage Rac Club
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Spanish
  • Included In Sale: Furnishings per inventory.
  • List Price per Sq Ft: 302.52
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 238
  • View Type: Lake, Mountain(s)
  • Year Built: 1988
  • Listing I D: 219110358
  • 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 Office Address: 1717 W. Magnolia Blvd., Burbank, CA 91506
  • Land Type: Fee
  • Subdivision: Lake Mirage Racquet Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Breakfast Nook
  • Laundry: Individual Room
  • Estimated Sq Ft: 1947.00
  • Windows Treatments: Double Pane Windows, Shutters, Vertical Blinds, Screens, Skylight(s)

Exterior Features

  • Other Features: End Unit
  • Roofing: Clay Tile, Flat
  • Planned Unit Development: Yes
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Resident Manager, Gated Community
  • Sewer: Unknown
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Earthquake Insurance, Clubhouse
  • Association Amenities: Banquet Facilities, Basketball Court, Tennis Courts, Management, Lake or Pond, Guest Parking, Golf - Par 3, Fitness Center, Card Room, Clubhouse, Controlled Access, Billiard Room
  • HOA Information: Yes
  • HOA Fee 1: 992.00
  • Total Monthly Association Fees: 992.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 682170065
  • Lot Acres: 0.1200
  • Lot Location: Lake Front
  • Lot Size: 5227.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 29, 2024
Sold by
Nikogosyan Lilit
Bought by
Karaoglanian Mihran
Seller's Agent
Suzi Byrd
Bennion Deville Homes
Buyer's Agent
Tagui Davtyan
Strategic Estates Group
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
15
Current Estimated Value
$626,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,674
Avg. Annual Appreciation
4.90%
Original Mortgage
$413,000
Outstanding Balance
$408,235
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$218,439

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 15, 2024
Sold by
Louis Harold Perlof Qualified Personal R and Wenhardt Francine
Bought by
Karaoglanian Mihran
Seller's Agent
Suzi Byrd
Bennion Deville Homes
Buyer's Agent
Tagui Davtyan
Strategic Estates Group
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Outstanding Balance
$408,235
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$218,439

Purchase Details

Closed on
May 10, 2007
Sold by
Wenhardt Francine and Perlof Robert
Bought by
Wenhardt Francine and The Louis Harold Perlof Qualified Person

Purchase Details

Closed on
Apr 16, 2007
Sold by
Perlof Louis Harold
Bought by
Wenhardt Francine and Perlof Robert

Purchase Details

Closed on
Sep 25, 2000
Sold by
Perlof Louis Harold
Bought by
Perlof Louis Harold and Louis Harold Perlof Qualified Personal R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Karaoglanian Mihran -- Equity Title
Karaoglanian Mihran $590,000 Equity Title
Karaoglanian Mihran $590,000 Equity Title
Wenhardt Francine -- None Available
Wenhardt Francine -- None Available
Perlof Louis Harold -- --
Perlof Louis Harold -- --
Perlof Louis H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaoglanian Mihran $413,000
Closed Karaoglanian Mihran $413,000
Previous Owner Perlof Louis H $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $590,000 +0.2% $303 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $589,000 -1.7% $303 / Sq Ft
03/16/2023 03/16/23 For Sale $599,000 0.0% $308 / Sq Ft
08/27/2021 08/27/21 Rented $2,950 0.0% --
08/18/2021 08/18/21 Under Contract -- -- --
08/16/2021 08/16/21 For Rent $2,950 +40.5% --
08/10/2018 08/10/18 Rented $2,100 -6.7% --
08/04/2018 08/04/18 Under Contract -- -- --
07/23/2018 07/23/18 For Rent $2,250 0.0% --
01/30/2018 01/30/18 Rented $2,250 -99.4% --
01/25/2018 01/25/18 For Rent $369,000 -- --
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 $6,184 $601,799 $150,451 $451,348
2023 $6,184 $452,190 $47,809 $404,381
2022 $5,904 $443,324 $46,872 $396,452
2021 $5,773 $434,632 $45,953 $388,679
2020 $5,670 $430,176 $45,482 $384,694
2019 $5,567 $421,742 $44,591 $377,151
2018 $5,467 $413,473 $43,718 $369,755
2017 $5,361 $405,366 $42,861 $362,505
2016 $5,236 $397,419 $42,021 $355,398
2015 $5,255 $391,451 $41,391 $350,060
2014 $5,172 $383,784 $40,581 $343,203
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219110358

California Desert Association of REALTORS®

APN: 682-170-065