40350 Desert Creek Ln Rancho Mirage, CA 92270
Estimated Value: $4,468,809 - $5,001,000
6
Beds
6.5
Baths
8,000
Sq Ft
$594/Sq Ft
Est. Value
Highlights
- Accessory Dwelling Unit (ADU)
- Equestrian Center
- Heated In Ground Pool
- James Earl Carter Elementary School Rated A-
- Tennis Courts
- Primary Bedroom Suite
About This Home
As of April 2017Featured on the cover of Robb Report, this award winning luxury estate is an architectural masterpiece. With No expense spared, this home sits in Mission Ranch's 24hr guarded community in Rancho Mirage, known as the Beverly Hills of the Desert. The home exudes amenities designed by a world renowned architect. From a lit tennis court to resort-like backyard w/citrus trees to nearly 8000 sq ft of living space on an acre lot, this magnificent estate includes 2 casitas, separated by a full outdoor kitchen. This home emanates contemporary Italian essentials blended w/AZ & California desert elements. The home features 6 beds, 6.5 baths, spectacular spa/Vichy room, multiple seating & living areas, huge chefs kitchen, elegant dining room, 5 car garage w A/C. It boasts Canterra stone & granite, custom lighting, 2 swimming pools w/cascading waterfalls, a reflection pool & spa. Inside features power blinds, central light control & butler's pantry w/ ample wine storage. Custom furniture included.
Last Agent to Sell the Property
Sean Stanfield
Desert Sotheby's International Realty License #01024996 Listed on: 11/21/2016
Co-Listed By
Craig Chorpenning
HOM Sotheby's International License #01887862
Last Buyer's Agent
Unknown Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,080
Year Built
- Built in 1994
Lot Details
- 1.04 Acre Lot
- Property fronts a private road
- Block Wall Fence
- Rectangular Lot
- Sprinklers on Timer
- Private Yard
HOA Fees
- $543 Monthly HOA Fees
Home Design
- Custom Home
- Modern Architecture
- Mediterranean Architecture
- Slab Foundation
Interior Spaces
- 8,000 Sq Ft Home
- Wet Bar
- Bar
- Cathedral Ceiling
- Gas Log Fireplace
- Tinted Windows
- Vertical Blinds
- Double Door Entry
- Sliding Doors
- Family Room with Fireplace
- 6 Fireplaces
- Great Room with Fireplace
- Sunken Living Room
- Formal Dining Room
- Tile Flooring
- Mountain Views
- Security System Owned
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Gas Range
- Range Hood
- Recirculated Exhaust Fan
- Warming Drawer
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Bidet
- Hydromassage or Jetted Bathtub
Parking
- 5 Car Direct Access Garage
- Driveway
Pool
- Heated In Ground Pool
- Outdoor Pool
- Waterfall Pool Feature
- Outdoor Shower
- Heated Spa
- In Ground Spa
Outdoor Features
- Tennis Courts
- Outdoor Fireplace
- Built-In Barbecue
Additional Homes
- Accessory Dwelling Unit (ADU)
- Fireplace in Guest House
Horse Facilities and Amenities
- Equestrian Center
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 682040010
Community Details
Overview
- Association fees include security
- Mission Ranch Subdivision
- 6-Story Property
Recreation
- Tennis Courts
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 20, 2020
Sold by
Ep Rancho Mirage Llc
Bought by
Paulson Eric W and The Eric W Paulson 2012 Trust
Total Days on Market
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$682,444
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,902,394
Purchase Details
Closed on
Aug 28, 2018
Sold by
Paulson Eric W
Bought by
Ep Rancho Mirage Llc
Purchase Details
Listed on
Nov 21, 2016
Closed on
Apr 7, 2017
Sold by
Kent J Roger
Bought by
Paulson Eric W
Seller's Agent
Sean Stanfield
Desert Sotheby's International Realty
Buyer's Agent
Unknown Member
List Price
$3,950,000
Sold Price
$2,800,000
Premium/Discount to List
-$1,150,000
-29.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Purchase Details
Closed on
Nov 22, 2010
Sold by
Kent J Roger
Bought by
Kent J Roger
Similar Homes in Rancho Mirage, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paulson Eric W | -- | Fidelity National Ttl Of Or | |
| Ep Rancho Mirage Llc | -- | Fidelity National Title | |
| Paulson Eric W | $2,304,000 | Lawyers Title | |
| Kent J Roger | -- | First American Title Company | |
| Kent J Roger | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paulson Eric W | $750,000 | |
| Previous Owner | Paulson Eric W | $1,495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2017 04/14/17 | Sold | $2,800,000 | -6.5% | $350 / Sq Ft |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 03/22/2017 03/22/17 | Price Changed | $2,995,000 | -24.2% | $374 / Sq Ft |
| 11/21/2016 11/21/16 | For Sale | $3,950,000 | -- | $494 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $39,080 | $2,824,685 | $748,047 | $2,076,638 |
| 2022 | $34,402 | $2,769,300 | $733,380 | $2,035,920 |
| 2021 | $30,372 | $2,443,000 | $719,000 | $1,724,000 |
| 2020 | $30,098 | $2,442,900 | $719,100 | $1,723,800 |
| 2019 | $29,547 | $2,397,081 | $719,124 | $1,677,957 |
| 2018 | $28,982 | $2,350,080 | $705,024 | $1,645,056 |
| 2017 | $19,103 | $1,538,022 | $512,863 | $1,025,159 |
| 2016 | $18,637 | $1,507,865 | $502,807 | $1,005,058 |
| 2015 | $18,712 | $1,485,217 | $495,255 | $989,962 |
| 2014 | $18,399 | $1,456,125 | $485,554 | $970,571 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2017
Sean Stanfield
Desert Sotheby's International Realty
-
Seller Co-Listing Agent in 2017
Craig Chorpenning
HOM Sotheby's International
(760) 777-2389
80 Total Sales
-
U
Buyer's Agent in 2017
Unknown Member
Map
Source: California Desert Association of REALTORS®
MLS Number: 216034492
APN: 682-040-010
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