NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,192,857

3 Beds
2 Baths
1,723 Sq Ft
$578/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $1,100,000 $638 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $6,700/month

55 Days on Market

Highlights

  • In Ground Pool
  • 121,968 Sq Ft lot
  • 1 Fireplace
  • RV Access or Parking
  • Mountain View
  • 2 Car Attached Garage

About This Home

As of May 2023

Rare home on 2.8 ACRES off coveted Via Las Palmas, in Thousand Palms. Full remodel JUST completed ! No expense spared: brand new high end chef's kitchen, modern tile floor, contemporary bathrooms. This custom estate has 3 bedrooms, 2 bathrooms, 2 car garage plus RV parking with full hook ups. The grounds are expansive and entertaining with new pebble tech pool and spa and 180 magnificent mountain views. This equisterian property is fully equipped with top notch, new equipment to board and ride horses including multiple stalls, 3 arenas and one larger arena that enables you to ride and train on your property. You would never need to leave! There is plenty of space to build a tennis court or add another guest house! Property is fully fenced and has 2 new electric gates: one for the house and one for the stable so you always have privacy. No HOA. IID is the electric company and offers significant savings compared to others. Thousand Palms is a unincorporated area of Riverside County that allows short term rentals, buyer to do their due diligence. Minutes from Acrisure arena and Palm Desert. Live amongst the riders, the trails, the trainers, million dollar homes yet minutes from the city life. Furniture can be sold outside of escrow.

Last Listed By

Vlada March

HomeSmart License #02030170 Listed on: 03/06/2023

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,171

Year Built

  • Built in 1988

Lot Details

  • 2.8 Acre Lot
  • Drip System Landscaping
  • Sprinkler System

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 1,723 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Ceramic Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • RV Access or Parking

Pool

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

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Property is located within a water district
  • Septic Tank

Community Details

  • Thousand Palms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 650243003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,171

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • List Price per Sq Ft: 632.04
  • Lp Sp Ratio: 1.0100
  • View Type: Mountain(s), Pool
  • Water District Name: water district
  • Year Built: 1988
  • Listing I D: 219091951
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Selling Office Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Selling Office Fax: (760) 770-0211
  • Land Type: Fee
  • Subdivision: Thousand Palms
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1723.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Propane
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Garage Door Opener
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 16.00
  • Total Uncovered Assigned Spaces: 10.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Propane Gas
  • Security: Automatic Gate
  • Sewer: Septic Tank
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 650243003
  • Irrigation: Drip System, Sprinkler System
  • Lot Size: 121968.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2024
Sold by
Rodriguez Sergio
Bought by
Sdr Las Palmas Llc
Total Days on Market
55
Current Estimated Value
$995,464

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 23, 2023
Sold by
David Chen
Bought by
Rodriguez Sergio
Seller's Agent
Vlada March
HomeSmart
Buyer's Agent
Juan Munoz
Choice 1 Realty
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.94%
Original Mortgage
$262,800
Interest Rate
6.28%

Purchase Details

Listed on
Oct 13, 2021
Closed on
Oct 25, 2021
Sold by
Winkle Ryan A and Winkle Erika L
Bought by
David Chen
Seller's Agent
Craig Loe
Coldwell Banker Realty
Buyer's Agent
Jumi Achermann
Keller Williams Realty
List Price
$649,000
Sold Price
$717,000
Premium/Discount to List
$68,000
10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.52%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Resolution Fund Management Series 11 4
Bought by
Winkle Ryan A and Powell Erika L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,296
Interest Rate
4.21%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2010
Sold by
West Jimmy O and West Cynthia G
Bought by
Resolution Fund Management Series 11 4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,296
Interest Rate
4.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2005
Sold by
West Jimmy and West Cynthia
Bought by
West Jimmy O and West Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2004
Sold by
Thompson Wendell L and Thompson Linda D
Bought by
West Jimmy and West Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,750
Interest Rate
5.97%
Mortgage Type
New Conventional

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
Sdr Las Palmas Llc -- None Listed On Document
Rodriguez Sergio $1,100,000 None Listed On Document
David Chen $717,000 Chicago Title
Winkle Ryan A $225,000 First American Title Company
Resolution Fund Management Series 11 4 $162,000 None Available
West Jimmy O -- Chicago Title Co
West Jimmy $525,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Sergio $262,800
Previous Owner Rodriguez Sergio $726,200
Previous Owner Winkle Ryan A $219,296
Previous Owner West Jimmy O $60,000
Previous Owner West Jimmy O $520,000
Previous Owner West Jimmy $398,750
Previous Owner Thompson Wendell L $161,250
Previous Owner Thompson Wendell L $17,100
Closed West Jimmy $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,100,000 +1.0% $638 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $1,089,000 -12.9% $632 / Sq Ft
03/06/2023 03/06/23 For Sale $1,250,000 +74.3% $725 / Sq Ft
11/10/2021 11/10/21 Sold $717,000 +10.5% $416 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $649,000 -- $377 / 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 $14,171 $731,340 $285,600 $445,740
2022 $9,803 $717,000 $280,000 $437,000
2021 $3,530 $266,300 $93,202 $173,098
2020 $3,343 $263,571 $92,247 $171,324
2019 $3,282 $258,404 $90,439 $167,965
2018 $3,218 $253,338 $88,667 $164,671
2017 $3,167 $248,372 $86,929 $161,443
2016 $3,072 $243,503 $85,225 $158,278
2015 $2,955 $239,847 $83,946 $155,901
2014 $2,919 $234,087 $81,930 $152,157
Source: Public Records

Agents Affiliated with this Home

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

Map

Similar Homes in the area

  • 32023 Shadow Mountain Ln, Thousand Palms, CA 92276

    $920,000

    • 3 Beds
    • 2.5 Baths
    • 3,090 Sq Ft
    • 32023 Shadow Mountain Ln
    • Thousand Palms, CA

    SAVE AS MUCH AS $922 PER MONTH ON YOUR MORTGAGE PAYMENT! With a full price offer and 20% down seller will pay up to $16,000 towards a temporary mortgage rate buy down to as low as 4.5% for well qualified buyers. Nestled in the rapidly growing Thousand Palms area, this exceptional property spans over 3 acres of land, offering picturesque views of both mountains and desert landscapes. The

    Claire Harvey Desert Pacific Properties

    Section Image
  • 35677 Inverness Ave, Palm Desert, CA 92211

    $889,000

    • 4 Beds
    • 3 Baths
    • 2,149 Sq Ft
    • 35677 Inverness Ave
    • Palm Desert, CA

    ***Welcome to your new Oasis!*** This turn-key, heavily-updated, single-story GEM with a 1 Bed 1 Bath Casita, sits on the Golf Course with beautiful panoramic mountainous views. The Main House, originally a Model Home features 3 extended Bedrooms and 2 updated Bathrooms. Upon entry you are greeted with the luxurious Open-Style Kitchen featuring Quartz Countertops, a Waterfall Island Bar, and a

    Jayden Lawrence Equity Union

    Section Image

Source: California Desert Association of REALTORS®

MLS Number: 219091951

California Desert Association of REALTORS®

APN: 650-243-003