NOT LISTED FOR SALE

38 Camino Real Rancho Mirage, CA 92270

Estimated Value: $1,342,248 - $1,589,000

4 Beds
4.5 Baths
2,900 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,250,000 $431 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,152/month

11 Days on Market

Highlights

  • Pebble Pool Finish
  • Gated Community
  • Granite Countertops
  • James Earl Carter Elementary School Rated A-
  • Wood Flooring
  • Double Door Entry

About This Home

As of October 2022

Welcome Home to the Highly desirable Rancho Mirage community of La Terraza. Gorgeous 4 Bed , 4.5 bath south facing home. Lot size 11326 sq ft. Paid for SOLAR installed in 2017. Exterior paint last year. Artificial turf front & back. New HVAC installed in 2022 along with a Mini Split in garage. Equipped with a Level 11 electric auto charger that charges off solar panels. Newly installed pavers front and back. Private front entrance gated courtyard. Private backyard, covered sitting area, sparkling Pebble-Tec pool & spa with waterfall, new heater & pump. 2 year old washer & dryers. Low water bill approx 20.00 per month. LOW HOA 275.00 includes WIFI, basic cable, street and common area maintenance.Large Primary suite, includes sitting area & two walk-in closets on one side with three additional ensuite guest bedrooms. Garage includes additional built in storage. Just mins to the Coming Soon DISNEY development beach park with water activities & much more. Minutes from Restaurants, Shopping, Bristol Farms market, Trader Joe's, El Paseo premier shopping destination.EISENHOWER Hospital Minutes away. This location is in the middle of everything in the desert. Furniture is negotiable..

Last Agent to Sell the Property

Marcia Carey

Keller Williams Realty License #02090227 Listed on: 09/02/2022

Last Buyer's Agent

Susan Canavan

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,529

Year Built

  • Built in 2002

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Home has North and South Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Ranch Property
  • Entry on the 1st floor
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Fireplace Features Blower Fan
  • Gas Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool
  • Spa Fenced

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Underground Utilities
  • Sewer Assessments

Additional Features

  • Solar owned by seller
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 682210019

Community Details

Overview

  • La Terraza Palacio Subdivision
  • Planned Unit Development

Amenities

  • Community Mailbox

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,529

Year Built

Built in 2002

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps, Main Level, Living Room
  • List Price per Sq Ft: 447.59
  • Lp Sp Ratio: 0.9600
  • Year Built: 2002
  • Listing I D: 219084009
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: La Terraza Palacio
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Convection Oven, Self Cleaning Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Range Hood: Yes
  • Fireplace Features: Blower Fan, Gas
  • Flooring: Carpet, Tile, Wood
  • Total Bedrooms: 4
  • Bathroom Features: Travertine
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area, Living/Dining Combo, Kitchen Island
  • Kitchen Features: Granite Counters, Pantry, Island
  • Estimated Sq Ft: 2900.00

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Fenced, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Fenced, Private, Heated - Gas

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Electric, Heat Pump
  • Heating: Heat Pump
  • Security: Gated Community
  • Sewer: Assessments

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 275.00
  • Total Monthly Association Fees: 275.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682210019
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.2600
  • Lot Description: Fenced, Utilities Underground, Street Paved, Single Lot, Ranch, Level, Landscaped
  • Lot Location: Cul-De-Sac
  • Lot Size: 11326.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Sep 22, 2022
Sold by
Carey Family Trust
Bought by
Mitchell Charles H and Mitchell Jennifer M
Seller's Agent
Marcia Carey
Keller Williams Realty
Buyer's Agent
Susan Canavan
Coldwell Banker Residential Brokerage
List Price
$1,298,000
Sold Price
$1,250,000
Premium/Discount to List
-$48,000
-3.7%
Views
30
Current Estimated Value
$1,418,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,812
Avg. Annual Appreciation
4.28%
Original Mortgage
$687,500
Outstanding Balance
$658,925
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$759,887

Purchase Details

Closed on
Oct 19, 2011
Sold by
Hamilton Robert G
Bought by
Hamilton Robert G and Hamilton Family Trust

Purchase Details

Closed on
Jul 15, 2009
Sold by
Hamilton Robert G
Bought by
Hamilton Robert G and Hamilton Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2008
Sold by
Carey Marcia J
Bought by
Carey Marcia J and The Carey Family Trust

Purchase Details

Closed on
Aug 11, 2006
Sold by
Derhagopian Nubar
Bought by
Hamilton Robert G and Carey Marcia J

Purchase Details

Closed on
Feb 22, 2005
Sold by
Sondheim Jay B and Sondheim Shirley M
Bought by
Tatarian Harry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2002
Sold by
Sondheim Jay B and Sondheim Shirley M
Bought by
Sondheim Jay B and Sondheim Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.25%

Purchase Details

Closed on
Aug 20, 2002
Sold by
Sondheim Jay B and Sondheim Shirley M
Bought by
Sondheim Jay B and Sondheim Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.25%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Sondheim Jay B and Sondheim Shirley M
Bought by
Sondheim Jay B and Sondheim Shirley M

Purchase Details

Closed on
Jan 7, 2002
Sold by
Pm Rancho Mirage Llc
Bought by
Sondheim Jay B and Sondheim Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.62%
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
Mitchell Charles H $1,250,000 Wfg National Title
Hamilton Robert G -- Ticor Title Company Of Ca
Hamilton Robert G -- Western Resources Title
Hamilton Robert G -- Western Resources Title
Carey Marcia J -- None Available
Hamilton Robert G -- None Available
Hamilton Robert G $785,000 First American Title Company
Tatarian Harry $835,000 Southland Title Corporation
Sondheim Jay B -- --
Sondheim Jay B -- First American Title Co
Sondheim Jay B -- First American Title Co
Sondheim Jay B $377,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Charles H $687,500
Previous Owner Hamilton Robert G $417,000
Previous Owner Tatarian Harry $435,000
Previous Owner Sondheim Jay B $300,700
Previous Owner Sondheim Jay B $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $1,250,000 -3.7% $431 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $1,298,000 -- $448 / 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 $16,529 $1,300,500 $156,060 $1,144,440
2023 $16,529 $1,250,000 $150,000 $1,100,000
2022 $11,832 $905,447 $226,456 $678,991
2021 $11,584 $887,694 $222,016 $665,678
2020 $10,288 $786,261 $197,101 $589,160
2019 $10,092 $763,360 $191,360 $572,000
2018 $9,647 $734,000 $184,000 $550,000
2017 $9,321 $707,000 $170,000 $537,000
2016 $9,729 $750,000 $190,000 $560,000
2015 $9,826 $742,000 $186,000 $556,000
2014 $8,534 $632,000 $158,000 $474,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219084009

California Desert Association of REALTORS®

APN: 682-210-019