NOT LISTED FOR SALE

38801 Nielson Rd Rancho Mirage, CA 92270

Estimated Value: $348,000 - $1,464,000

2 Beds
1 Bath
950 Sq Ft
$1,057/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $242,500 $255 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $6,210/month

72 Days on Market

Highlights

  • Horse Property
  • Mountain View
  • Double Pane Windows
  • Midcentury Modern Architecture
  • Secondary bathroom tub or shower combo
  • Tile Flooring

About This Home

As of August 2014

The perfect opportunity for you to own a 13,504 sq. ft. lot in Rancho Mirage that is zoned for horses! Surrounded by million dollar homes, this move-in ready 2 bedroom, 1 bath 950 sqft home is ready for the taking. Recent improvements include stainless steel appliances, dual paned windows and beautiful wood laminate flooring. Possibilities are endless the perfect weekend get-a-way, build a custom built home and turn the existing house into a casita or this could be the perfect condo alternative!

Last Agent to Sell the Property

Marc Lange

HOM Sotheby's International License #01407481 Listed on: 05/03/2014

Co-Listed By

Carl Blea

AC Eagle Corporation License #01877329

Last Buyer's Agent

Anthony Bauer

Compass License #01253129

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,394

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Wood Fence
  • Sprinklers on Timer

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House

Interior Spaces

  • 950 Sq Ft Home
  • Double Pane Windows
  • Mountain Views
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Secondary bathroom tub or shower combo

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Horse Property
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 689140014

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,394

Year Built

Built in 1958

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 Level, No Unit Above, One
  • Builders Tract Code: NA321
  • Building Style: Mid Century, Ranch
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 263.16
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 1958
  • Co Listing Office Address: 500 S. Palm Canyon Dr. #101, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 424-3099
  • Listing I D: 214017292
  • Listing Office Address: 500 S. Palm Canyon Dr. #101, Palm Springs, CA 92264
  • Listing Office Fax: (760) 424-3099
  • Selling Office Address: 52995 Avenida Mendoza, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Laminate, Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Features: Formica Counters
  • Estimated Sq Ft: 950.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Fencing: Wood
  • View: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 689140014
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3100
  • Lot Description: Fenced, Horse Property
  • Lot Size: 13504.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Trombino Joseph A and Trombino Olivia
Bought by
Trombino Joseph
Current Estimated Value
$1,003,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Outstanding Balance
$573,377
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$430,517

Purchase Details

Closed on
Apr 16, 2018
Sold by
Trombino Joseph and Trombino Joseph A
Bought by
Trombino Joseph and Trombino Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2014
Closed on
Aug 7, 2014
Sold by
Trombino Olivia
Bought by
Trombino Joseph A
Seller's Agent
Marc Lange
HOM Sotheby's International
Buyer's Agent
Anthony Bauer
Compass
List Price
$250,000
Sold Price
$242,500
Premium/Discount to List
-$7,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$238,107
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Listed on
May 3, 2014
Closed on
Jul 15, 2014
Sold by
Landmark Real Estate Solutions
Bought by
Trombino Joseph and Trombino Joseph A
Seller's Agent
Marc Lange
HOM Sotheby's International
Buyer's Agent
Anthony Bauer
Compass
List Price
$250,000
Sold Price
$242,500
Premium/Discount to List
-$7,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,107
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2013
Closed on
Sep 16, 2013
Sold by
Smith Carol Ann
Bought by
Landmark Real Estate Solutions
Seller's Agent
Lucas Coronel
Hacienda Agency, Inc.
Buyer's Agent
Michael Loza
Mike Loza & Associates
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.01%
Original Mortgage
$138,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2007
Sold by
Scott Gary Michael and Scott April Lee
Bought by
Spoelder Jeffery Antoine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,800
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 22, 1999
Sold by
Jernigan James F and Jernigan Robert C
Bought by
Scott Gary Michael and Scott April Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 12, 1998
Sold by
Alice Butler
Bought by
Scott Gary Michael and Scott April Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Trombino Joseph -- Ticor Title Company
Trombino Joseph -- Lawyers Title Company
Trombino Joseph A -- Lawyers Title Company
Trombino Joseph $242,500 Lawyers Title Company
Landmark Real Estate Solutions $185,000 Chicago Title Company
Spoelder Jeffery Antoine $506,000 Chicago Title Company
Scott Gary Michael $20,000 Old Republic Title Company
Scott Gary Michael $110,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trombino Joseph $594,000
Closed Trombino Joseph $220,000
Closed Trombino Joseph $238,107
Previous Owner Landmark Real Estate Solutions $138,000
Previous Owner Spoelder Jeffery $50,550
Previous Owner Spoelder Jeffery Antoine $404,800
Previous Owner Scott Gary Michael $64,417
Previous Owner Scott Gary Michael $210,000
Previous Owner Scott Gary Michael $14,000
Previous Owner Scott Gary Michael $144,500
Previous Owner Scott Gary Michael $20,000
Previous Owner Scott Gary Michael $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2014 08/20/14 Sold $242,500 -3.0% $255 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $250,000 0.0% $263 / Sq Ft
06/10/2014 06/10/14 Price Changed $250,000 +3.1% $263 / Sq Ft
06/06/2014 06/06/14 Off Market $242,500 -- --
05/05/2014 05/05/14 Price Changed $275,000 +10.0% $289 / Sq Ft
05/03/2014 05/03/14 For Sale $250,000 +35.1% $263 / Sq Ft
10/03/2013 10/03/13 Sold $185,000 -7.5% $195 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $199,900 -- $210 / 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 $9,394 $718,818 $68,036 $650,782
2023 $9,394 $690,907 $65,395 $625,512
2022 $9,297 $677,361 $64,113 $613,248
2021 $9,089 $664,080 $62,856 $601,224
2020 $8,625 $657,272 $62,212 $595,060
2019 $3,708 $261,264 $70,029 $191,235
2018 $3,644 $256,142 $68,656 $187,486
2017 $3,593 $251,120 $67,310 $183,810
2016 $3,496 $246,197 $65,991 $180,206
2015 $3,379 $242,500 $65,000 $177,500
2014 $2,709 $185,000 $75,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214017292

California Desert Association of REALTORS®

APN: 689-140-027