NOT LISTED FOR SALE

38 Ambassador Cir Rancho Mirage, CA 92270

Estimated Value: $2,225,000 - $3,129,000

4 Beds
3.5 Baths
3,848 Sq Ft
$665/Sq Ft Est. Value

Last Sold January 16, 2013

Last sale price $1,280,000 $333 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $15,945/month

140 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Great Room with Fireplace
  • Gated Community
  • Secondary bathroom tub or shower combo
  • Den

About This Home

As of January 2013

Welcome to one of the most exclusive addresses in Rancho Mirage. Behind the gates at Artisan you will discover this luxuriously appointed Ministrelli estate, designed for comfortable and elegant desert living. A Custom kitchen with granite, stainless steel, double ovens and built in refrigerator open to the great room and main indoor living space, a perfect place to entertain or have your morning coffee. Modern pocket style sliding glass doors erase the division between indoors and out. These massive sliding doors open onto the covered exterior living space. The completely private back yard has a built-in grill with fridge and serving bar, beside a massive stone fireplace. The custom pool and spa are this back yards main attraction. Completing this outdoor oasis is the more intimate conversation area situated slightly away from the pool where the glorious desert nights can be enjoyed in front of a second outdoor fireplace. This outstanding property is being offered turn-key furnished

Last Agent to Sell the Property

Michael Hilgenberg

Keller Williams Realty License #00938044 Listed on: 08/28/2012

Keller Williams Realty

Co-Listed By

Eric Peterson

Keller Williams Realty License #01862112

Last Buyer's Agent

Team Michael Hilgenberg w/ Keller Will

Keller Williams Realty License #00938044

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,411

Year Built

  • Built in 2005

Lot Details

  • 0.41

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 3,848 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Great Room with Fireplace
  • Den
  • Utility Room
  • Laundry Room
  • Travertine
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Linen Closet
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Additional Features

  • 0.41 Acre Lot
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 674650034

Community Details

Overview

  • Artisan Subdivision

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,411

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Artisan
  • Included In Sale: Home is furnished per inventory list.
  • List Price per Sq Ft: 383.32
  • Lp Sp Ratio: 0.8678
  • View Type: Mountain(s)
  • Year Built: 2005
  • Co Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Listing I D: 21460074
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 770-9991
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • 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: Artisan
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Flooring: Travertine
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Linen Closet, Shower & Tub, Shower Stall
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Laundry: Individual Room
  • Estimated Sq Ft: 3848.00

Exterior Features

  • Other Features: Barbeque Private
  • Roofing: Tile
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning, Central Air, Zoned
  • Heating: Central
  • Security: Card/Code Access, Fire Alarm, Prewired For Alarm, Security System Owned
  • Sewer: In, Connected and Paid

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 300.00
  • Total Monthly Association Fees: 300.00

Lot Info

  • Assessor Parcel Number: 674650034
  • Lot Acres: 0.4100
  • Lot Size: 17860.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2012
Closed on
Jan 14, 2013
Sold by
Wallace Margaret Yvette
Bought by
Wallace Ian
Seller's Agent
Michael Hilgenberg
Keller Williams Realty
Buyer's Agent
Team Michael Hilgenberg w/ Keller Will
Keller Williams Realty
List Price
$1,475,000
Sold Price
$1,280,000
Premium/Discount to List
-$195,000
-13.22%
Current Estimated Value
$2,559,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279,069
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Oct 31, 2012
Sold by
Franchuk Sydney F and Franchuk Rachel S
Bought by
Wallace Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 1, 2011
Closed on
Jan 5, 2012
Sold by
Franchuk Sydney F
Bought by
Franchuk Rachel S
Seller's Agent
Wendy Formica
Keller Williams Realty
Buyer's Agent
Michael Hilgenberg
Keller Williams Realty
List Price
$799,000
Sold Price
$900,000
Premium/Discount to List
$101,000
12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Apr 1, 2011
Closed on
Dec 28, 2011
Sold by
Smith Cathy A
Bought by
Franchuk Sydney F and Franchuk Rachel S
Seller's Agent
Wendy Formica
Keller Williams Realty
Buyer's Agent
Michael Hilgenberg
Keller Williams Realty
List Price
$799,000
Sold Price
$900,000
Premium/Discount to List
$101,000
12.64%

Purchase Details

Closed on
May 2, 2006
Sold by
Smith Cathy Ann
Bought by
Smith Cathy A and Weiss Cathy A

Purchase Details

Closed on
Mar 31, 2005
Sold by
Smith Alan
Bought by
Smith Cathy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,154,300
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2005
Sold by
Ministrelli Development Inc
Bought by
Smith Cathy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,154,300
Interest Rate
5.47%
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
Wallace Ian -- Orange Coast Title Co
Wallace Ian $1,280,000 Orange Coast Title
Franchuk Rachel S -- None Available
Franchuk Sydney F -- None Available
Franchuk Sydney F $900,000 None Available
Smith Cathy A -- None Available
Smith Cathy Ann -- Orange Coast Title Company
Smith Cathy Ann $1,649,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallace Ian $832,000
Previous Owner Smith Cathy Ann $1,154,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2013 01/16/13 Sold $1,280,000 -13.2% $333 / Sq Ft
08/28/2012 08/28/12 For Sale $1,475,000 +63.9% $383 / Sq Ft
01/11/2012 01/11/12 Sold $900,000 -2.7% $234 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
11/09/2011 11/09/11 Price Changed $925,000 +15.8% $240 / Sq Ft
04/01/2011 04/01/11 For Sale $799,000 -- $208 / 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
2025 $20,411 $1,576,211 $394,048 $1,182,163
2023 $20,411 $1,515,007 $378,748 $1,136,259
2022 $20,159 $1,485,302 $371,322 $1,113,980
2021 $19,728 $1,456,180 $364,042 $1,092,138
2020 $18,745 $1,441,250 $360,310 $1,080,940
2019 $18,508 $1,412,992 $353,246 $1,059,746
2018 $18,135 $1,385,287 $346,320 $1,038,967
2017 $17,887 $1,358,126 $339,530 $1,018,596
2016 $17,309 $1,331,497 $332,873 $998,624
2015 $16,715 $1,311,499 $327,874 $983,625
2014 $16,631 $1,285,810 $321,452 $964,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21460074

California Desert Association of REALTORS®

APN: 674-650-034