NOT LISTED FOR SALE

40 El Toro Dr Rancho Mirage, CA 92270

Estimated Value: $558,000 - $658,000

3 Beds
2 Baths
1,621 Sq Ft
$607/mo HOA Fee

Last Sold May 06, 2021

Last sale price $410,000 $253 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,308/month

153 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated In Ground Pool
  • James Earl Carter Elementary School Rated A-
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of May 2021

This gorgeous remodeled 3 bedroom, 2 bath 30 plan has that very open look with high ceilings, open kitchen and dining area. Fully furnished with all appliances included. With custom cabinets and granite counter tops this home is beautifully furnished in a modern style. New vinyl plank flooring, popcorn ceiling removed with ceiling tiles in Living Room. New verticle blinds and ceiling lighting. New gas stove with built in microwave and granite counters complete the kitchen remodel.The third bedroom is being used as a sewing room and office. 2 car attched garage with loft storage.This remodeled unit is on the 2nd Tee of the North Course with an amazing view of the setting sun behind the mountains across the fairway. Community pool is directly across the street. El Toro is located in the center of the RLP CC and is completely silent with no traffic noises from outside. Near College of The Desert, El Paseo and in walking distance to the Omni Hotel and ''The River'' complex with all its shops, restaurants and movie theaters. It is move in ready as your primary home or as an excellent seasonal rental. A must see with all it's added amenities. Considering all offers!

Last Agent to Sell the Property

David Meltzer

EXCEPTIONAL REALTY License #01765587 Listed on: 10/02/2020

Last Buyer's Agent

Nancy Kimmes

Nancy Kimmes, Broker License #01381247

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,770

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 1 Common Wall
  • East Facing Home
  • Masonry wall
  • Brick Fence

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway Up Slope From Street
  • Off-Street Parking

Property Views

  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Foam Roof

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Awning
  • Double Door Entry
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Granite Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • No Interior Steps

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 7251
  • Assessor Parcel Number 682275017

Community Details

Overview

  • Master Insurance
  • 30 Units
  • Rlphoa Association, Phone Number (760) 733-1531
  • Omni HOA
  • Rancho Las Palmas C.C. Subdivision

Amenities

  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,770

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$607 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Rancho Las Palmas C.C. (32168)
  • View: Yes
  • Zoning: PUDA
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 682275017
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1621.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Stone Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 252.93
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Office, Utility Room
  • Spa Features: Association, Community, Heated, In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Awning(s), Barbecue Private
  • View: Golf Course, Mountain(s)
  • Fence: Yes
  • Fencing: Brick, Masonry
  • Pool Features: Association, Community, Fenced, Heated, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Foam, Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Up Slope From Street, Garage Faces Front, Garage - Single Door, Garage Door Opener, Off Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: OMNI HOA
  • Amenities: Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Gym/Ex Room, Clubhouse, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Cable TV, Electricity, Gas, Insurance, Trash, Utilities, Sewer, Water, Pet Rules, Management, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 525.00
  • Association #2 Fee: 82.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: RLPHOA
  • Phone: 7607331531
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Golf, Street Lights
  • Association Management: RLPHOA

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 449.18
  • Tax Lot: 5
  • Tax Tract Number: 7251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
May 2, 2021
Sold by
Shute Cynthia L
Bought by
Yancey Frank S
Seller's Agent
David Meltzer
EXCEPTIONAL REALTY
Buyer's Agent
Nancy Kimmes
Nancy Kimmes, Broker
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%
Current Estimated Value
$590,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,982
Avg. Annual Appreciation
9.36%
Original Mortgage
$328,000
Outstanding Balance
$298,510
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$304,325

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 16, 2021
Sold by
Meltzer David Michael
Bought by
Yancey Frank S
Seller's Agent
David Meltzer
EXCEPTIONAL REALTY
Buyer's Agent
Nancy Kimmes
Nancy Kimmes, Broker
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$298,510
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$304,325

Purchase Details

Closed on
Feb 18, 2020
Sold by
Arcade Investments
Bought by
Meltzer David Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,220
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Yancey Frank S -- Lawyers Title
Yancey Frank S $410,000 Lawyers Title
Meltzer David Michael $200,000 Western Resources Ttl & Synr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yancey Frank S $328,000
Previous Owner Meltzer David Michael $176,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $410,000 -3.5% $253 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $425,000 -1.1% $262 / Sq Ft
01/25/2021 01/25/21 Price Changed $429,900 -4.5% $265 / Sq Ft
01/09/2021 01/09/21 Price Changed $450,000 -5.3% $278 / Sq Ft
10/02/2020 10/02/20 For Sale $475,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,770 $443,793 $79,557 $364,236
2023 $5,770 $426,563 $76,469 $350,094
2022 $5,520 $418,200 $74,970 $343,230
2021 $2,917 $202,071 $60,621 $141,450
2020 $3,336 $238,450 $60,741 $177,709
2019 $3,279 $233,775 $59,550 $174,225
2018 $3,223 $229,192 $58,383 $170,809
2017 $3,164 $224,699 $57,239 $167,460
2016 $3,095 $220,294 $56,117 $164,177
2015 $3,107 $216,987 $55,275 $161,712
2014 $3,060 $212,740 $54,194 $158,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20205624

California Regional Multiple Listing Service (CRMLS)

APN: 682-275-017