NOT LISTED FOR SALE

40 Toscana Way E Rancho Mirage, CA 92270

Estimated Value: $1,406,000 - $2,158,000

5 Beds
5 Baths
4,293 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 28, 2015

Last sale price $900,000 $210 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,412/month

290 Days on Market

Highlights

  • Attached Guest House
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • In Ground Pool
  • Gated Community
  • High Ceiling

About This Home

As of September 2015

Located in the heart of Rancho Mirage in the sought after gated community of La Toscana, a Tuscan Inspired Community adjacent to Mission Hills Country Club. This Move In Ready Estate, is made for Entertaining with an Open Floor plan that flows easily from inside to Outdoor Living Area with Sparkling Pool & Spa and Lush Tropical Backyard. Cook like a Top Chef in this Cook's Kitchen with Slab Granite, State of the Art Stainless Appliances, Cheery Breakfast Nook and views to the Family Room with Fireplace. You'll appreciate the Volume Ceilings & Quality Custom Detail throughout including Two Gas Fireplaces, Wet Bar and Luxury Master Suite with Fitness Room and Spa like Bath. With over 4,200 sq ft and 5 Bedroom Suites including Guest House & 4 luxury baths, you & your guests will enjoy the Casual Desert Lifestyle. Start your day with an early round of golf before heading home for a lazy afternoon poolside, then off to the club for dinner,life just doesn't get any better.

Last Agent to Sell the Property

Cathi Walter

Bennion Deville Homes License #01346930 Listed on: 10/27/2014

Last Buyer's Agent

Nancy Javitch

License #01398196

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,034

Year Built

  • Built in 2002

Lot Details

  • 0.37 Acre Lot
  • East Facing Home

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,293 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Gas Log Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Home Gym
  • Travertine
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Covered Patio or Porch
  • Attached Guest House
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 674630010

Community Details

Overview

  • La Toscana Subdivision
  • Greenbelt

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,034

Year Built

Built in 2002

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East
  • Levels: One
  • Builders Tract Code: La Toscana
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 209.64
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 44
  • Year Built: 2002
  • Listing I D: 214085217
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Post Direction: E
  • Selling Office Address: 70380 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 844-7705
  • Land Type: Fee
  • Subdivision: La Toscana
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Master Bedroom
  • Interior Amenities: High Ceilings (9 Ft+), Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Travertine
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook, Dining Area
  • Kitchen Features: Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 4293.00

Exterior Features

  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 215.00
  • Total Monthly Association Fees: 215.00

Lot Info

  • Assessor Parcel Number: 674630010
  • Lot Acres: 0.3700
  • Lot Size: 16117.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Ajumobi Bolanle and Ajumobi A
Bought by
Ajumobi Adewale and Ajumobi Bolanle
Current Estimated Value
$1,702,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,935
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2020
Sold by
Ajumobi Adewale Babatunde and Ajumobi Bolanle
Bought by
Ajumobi Adewale and Ajumobi Bolanle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,201
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2018
Sold by
Ajumobi Adewale B and Ajumobi Bolanle T
Bought by
Ajumobi Bolanle and Ajumobi Adewale

Purchase Details

Listed on
Oct 27, 2014
Closed on
Aug 19, 2015
Sold by
Roxie Real Estate Investments Llc
Bought by
Ajumobi Adewale B and Ajumobi Bolanle T
Seller's Agent
Cathi Walter
Bennion Deville Homes
Buyer's Agent
Nancy Javitch
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$855,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2011
Sold by
Spevak Richard Randolph and Spevak Ethel Eileen
Bought by
Roxie Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 2005
Sold by
Spevak Richard R and Spevak Ethel E
Bought by
Spevak Richard Randolph and Spevak Ethel Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2005
Sold by
Spevak Richard R and Spevak E
Bought by
Spevak Richard Randolph and Spevak Ethel Eilee

Purchase Details

Closed on
Jan 15, 2003
Sold by
Far West Industries
Bought by
Spevak Richard R and Spevak E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.25%
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
Ajumobi Adewale -- Mortgage Connect Lp
Ajumobi Bolanle -- Mortgage Connect Lp
Ajumobi Adewale -- Radian Settlement Svcs Inc
Ajumobi Adewale Babatunde -- None Available
Ajumobi Bolanle -- None Available
Ajumobi Adewale B $900,000 Orange Coast Title Co
Roxie Real Estate Investments Llc $775,000 Orange Coast Title
Spevak Richard Randolph -- First American Title Company
Spevak Richard R -- First American Title Company
Spevak Richard Randolph -- --
Spevak Richard R $649,000 Lawyers Title Company
Far West Industries -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajumobi Bolanle $611,935
Closed Ajumobi Adewale Babatunde $638,201
Closed Ajumobi Adewale B $855,000
Previous Owner Roxie Real Estate Investments Llc $355,000
Previous Owner Spevak Richard R $670,000
Previous Owner Spevak Richard R $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2015 09/28/15 Sold $900,000 0.0% $210 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
06/15/2015 06/15/15 Off Market $900,000 -- --
05/30/2015 05/30/15 For Sale $999,000 0.0% $233 / Sq Ft
05/06/2015 05/06/15 Price Changed $999,000 -7.1% $233 / Sq Ft
10/27/2014 10/27/14 For Sale $1,075,000 -- $250 / 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 $14,034 $1,065,411 $266,351 $799,060
2023 $14,034 $1,024,042 $256,009 $768,033
2022 $13,804 $1,003,964 $250,990 $752,974
2021 $13,503 $984,279 $246,069 $738,210
2020 $12,853 $974,187 $243,546 $730,641
2019 $12,719 $955,086 $238,771 $716,315
2018 $12,400 $936,360 $234,090 $702,270
2017 $12,235 $918,000 $229,500 $688,500
2016 $11,842 $900,000 $225,000 $675,000
2015 $10,749 $823,000 $206,000 $617,000
2014 $10,687 $805,000 $201,000 $604,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cathi Walter

    Bennion Deville Homes

  • N

    Buyer's Agent in 2015

    Nancy Javitch

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214085217

California Desert Association of REALTORS®

APN: 674-630-010

California Riverside County Rancho Mirage 92270

40 Toscana Way E, Rancho Mirage, CA

This home is located at 40 Toscana Way E, Rancho Mirage, CA 92270 since 27 October 2014 and is currently estimated at $1,702,617, approximately $396 per square foot. This property was built in 2002. 40 Toscana Way E 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.

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