NOT LISTED FOR SALE

38841 Peterson Rd Rancho Mirage, CA 92270

Estimated Value: $557,000 - $720,000

1 Bed
1 Bath
1,345 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $390,000 $290 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,089/month

85 Days on Market

Highlights

  • Panoramic View
  • Wood Flooring
  • Double Door Entry
  • Wood Burning Stove
  • Covered Patio or Porch
  • 1 Car Detached Garage

About This Home

As of August 2018

Rancho Mirage! A hidden jewel! If your buyer is looking for a unique property in an amazing location surrounded by expensive homes this is it! Built in 1947, this home offers a quiet, tranquil, rustic Desert Get away. This 1 bedroom, 1 bath, has amazing charm with unique features and accents throughout. The kitchen features a wood burning stove and beautiful stain glass skylight. Additional features include; Cozy brick fire place, french doors, stain glass accents throughout, plank wood, central AC and heat, security system and much more. Several outdoor seating areas for your relaxation. Exterior features include brick pavers and unique wood trim. Very private location with gorgeous mountain views! Large lot allows endless building possibilities; City allows to build 30% of the lot size. Property is located directly across from the old Sinatra Family Ranch. Walking trails just steps away. Close to the Desert finest shopping and dining! This home is so charming! Its a must see!

Last Agent to Sell the Property

Denise Francis

Coldwell Banker Realty License #01310492 Listed on: 05/02/2018

Coldwell Banker Realty

Last Buyer's Agent

Anthony Bauer

Compass License #01253129

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1947

Lot Details

  • 0.43 Acre Lot
  • Property fronts a private road
  • Chain Link Fence

Parking

  • 1 Car Detached Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Brick Fireplace
  • Shutters
  • Blinds
  • Double Door Entry
  • Living Room with Fireplace
  • Tile Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 689140021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,525

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA321
  • Building Number Of Stories: 1
  • Included In Sale: Furnished per inventory List
  • List Price per Sq Ft: 289.96
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 1947
  • Listing I D: 218013852
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 459-1023
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 2603 Camino Ramon Ste. 200, San Ramon, CA 94583
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Flooring: Carpet, Hardwood, Tile
  • Total Bedrooms: 1
  • Bathroom Features: Tile Shower
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Features: Skylight(s), Tile Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1345.00
  • Windows Treatments: Blinds, Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle
  • Fencing: Chain Link
  • Patio: Brick - Tile, Covered
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Wood Stove
  • Sewer: Septic Tank
  • Water: Water District
  • Water Heater Feature: Electric

Lot Info

  • Assessor Parcel Number: 689140021
  • Lot Acres: 0.4300
  • Lot Description: Fenced
  • Lot Location: Private Road
  • Lot Size: 18731.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Jul 20, 2018
Sold by
Luebeck Sharon
Bought by
Williamson Christopher M
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Anthony Bauer
Compass
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$671,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,119
Avg. Annual Appreciation
7.99%
Original Mortgage
$382,936
Outstanding Balance
$333,255
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$337,864
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
Williamson Christopher M $390,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Christopher M $382,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $390,000 0.0% $290 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $390,000 0.0% $290 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $390,000 0.0% $290 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $390,000 -2.5% $290 / Sq Ft
06/08/2018 06/08/18 For Sale $399,900 0.0% $297 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $399,900 -- $297 / 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 $5,525 $435,049 $128,283 $306,766
2023 $5,525 $418,156 $123,302 $294,854
2022 $5,499 $409,958 $120,885 $289,073
2021 $5,386 $401,920 $118,515 $283,405
2020 $5,105 $397,800 $117,300 $280,500
2019 $5,016 $390,000 $115,000 $275,000
2018 $3,631 $278,827 $83,232 $195,595
2017 $403 $26,820 $9,804 $17,016
2016 $392 $26,295 $9,612 $16,683
2015 $378 $25,902 $9,468 $16,434
2014 $375 $25,397 $9,284 $16,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218013852

California Desert Association of REALTORS®

APN: 689-140-021