NOT LISTED FOR SALE

38785 Peterson Rd Rancho Mirage, CA 92270

Estimated Value: $1,735,000 - $2,712,000

5 Beds
6 Baths
6,254 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $1,620,000 $259 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $12,347/month

368 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Dining Room with Fireplace
  • Art Studio
  • Mountain View
  • Tuscan Architecture

About This Home

As of May 2021

Private estate with two custom built homes, nestled into a private low density location in the heart of Rancho Mirage, convenient proximity to Hwy 111 offering quick access to Palm Desert, Palm Springs or all that beautiful Rancho Mirage offers. Positioned on approx .80 Acres of land, on two legal parcels, the main residence boasts over 4067-SF, which includes 3 bedrooms, 3.5 baths, gourmet chef's kitchen, office, studio, 3 fireplaces and beautiful mountain. This property also features a beautiful guest house separated by an elegant pool. The spacious open great room guest house features 2187-SF of living space, including 2 bedrooms and 2 bathrooms. Beautifully appointed finishes throughout reflected by travertine and wood style flooring, granite counter tops, professional stainless steel range and elegant finishes throughout. This unique property is an entertainers paradise and tranquil vacation getaway.

Last Agent to Sell the Property

David Kibbey

Desert Sotheby's International Realty License #01341384 Listed on: 04/16/2020

Desert Sotheby's International Realty

Last Buyer's Agent

Marko Ward

Coldwell Banker Realty License #01330953

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,550

Year Built

  • Built in 2005

Lot Details

  • 0.5 Acre Lot
  • East Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

Home Design

  • Tuscan Architecture

Interior Spaces

  • 6,254 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Bonus Room
  • Art Studio
  • Laminate Flooring
  • Mountain Views
  • Security System Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Additional Homes

  • Guest House
  • Guest House Has A Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Solar Heating System
  • Water Fountains
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 689140024

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,550

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground
  • Building Number Of Stories: 3
  • Building Style: Tuscan
  • Casita Features: 2 Car Garage
  • List Price per Sq Ft: 271.03
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 2005
  • Listing I D: 219042664
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 561-9333
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 1650 Ximeno Ave #120, Long Beach, CA 90804-6603
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Dining Room, Great Room, Living Room
  • Fireplace Features: Gas Log, Propane
  • Flooring: Laminate
  • Total Bedrooms: 5
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 6254.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Fencing: Block
  • Pool: Yes
  • Pool Accessories: Fountain
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground
  • Spa Hot Tub Description: Heated - Electricity
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Covered Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Propane Gas, Solar
  • Security: Security System Owned
  • Sewer: Septic Tank

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 689140024
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.5000
  • Lot Description: 2 - 4 Lots
  • Lot Size: 21765.00

Rental Info

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

Multi Family

  • Total Fireplaces: 3

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Mar 26, 2021
Sold by
Tucker Timothy James and Tucker Timothy J
Bought by
Prolman Gerald and Bitton Prolman Raquel
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Marko Ward
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,620,000
Premium/Discount to List
-$175,000
-9.75%
Current Estimated Value
$2,090,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,175
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,296,000
Outstanding Balance
$1,172,663
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$917,512

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 7, 2014
Sold by
Sopwith Helena Erica
Bought by
Tucker Timothy James and Tjt Revocable Trust
Seller's Agent
Keith Ference
BD Homes-The Paul Kaplan Group
Buyer's Agent
Keith Ference
BD Homes-The Paul Kaplan Group
List Price
$1,890,000
Sold Price
$1,300,000
Premium/Discount to List
-$590,000
-31.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$780,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2013
Sold by
Sopwith Helena Erica and Schulman Thomas L
Bought by
Sopwith Helena Erica

Purchase Details

Closed on
Jun 15, 2009
Sold by
Sopwith Irena
Bought by
Sopwith Irena

Purchase Details

Closed on
Jul 5, 2008
Sold by
Sopwith Irena
Bought by
Sopwith Irena and The Irena Sopwith Living Trust
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
Prolman Gerald $1,620,000 Lawyers Title Company
Tucker Timothy James $1,300,000 Lawyers Title
Sopwith Helena Erica -- Lawyers Title
Sopwith Helena Erica -- Lawyers Title
Sopwith Helena Erica -- None Available
Sopwith Irena -- Orange Coast Title Co
Sopwith Irena -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prolman Gerald $1,296,000
Previous Owner Tucker Timothy James $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $1,620,000 -4.4% $259 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
01/17/2021 01/17/21 Price Changed $1,695,000 -5.6% $271 / Sq Ft
04/16/2020 04/16/20 For Sale $1,795,000 +38.1% $287 / Sq Ft
05/21/2014 05/21/14 Sold $1,300,000 -21.2% $208 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
03/17/2014 03/17/14 Price Changed $1,650,000 -12.7% $264 / Sq Ft
02/14/2014 02/14/14 For Sale $1,890,000 -- $302 / 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 $12,550 $1,005,577 $216,485 $789,092
2023 $12,550 $966,531 $208,080 $758,451
2022 $12,495 $947,580 $204,000 $743,580
2021 $11,555 $876,554 $224,231 $652,323
2020 $10,944 $867,567 $221,932 $645,635
2019 $10,751 $850,557 $217,581 $632,976
2018 $10,546 $833,880 $213,317 $620,563
2017 $10,388 $817,531 $209,135 $608,396
2016 $10,079 $801,502 $205,035 $596,467
2015 $9,707 $789,464 $201,956 $587,508
2014 $10,323 $830,604 $75,222 $755,382
Source: Public Records

Agents Affiliated with this Home

  • David Kibbey

    Seller's Agent in 2021

    David Kibbey

    Desert Sotheby's International Realty

    (760) 774-0105

    115 Total Sales

    David Kibbey
    Section Image

  • M

    Buyer's Agent in 2021

    Marko Ward

    Coldwell Banker Realty

    Section Image

  • K

    Seller's Agent in 2014

    Keith Ference

    BD Homes-The Paul Kaplan Group

    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219042664

California Desert Association of REALTORS®

APN: 689-140-024

California Riverside County Rancho Mirage 92270

38785 Peterson Rd, Rancho Mirage, CA

This home is located at 38785 Peterson Rd, Rancho Mirage, CA 92270 since 16 April 2020 and is currently estimated at $2,090,175, approximately $334 per square foot. This property was built in 2005. 38785 Peterson Rd is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes