NOT LISTED FOR SALE

40380 Desert Creek Ln Rancho Mirage, CA 92270

Estimated Value: $4,028,478 - $6,236,000

5 Beds
6 Baths
7,412 Sq Ft
$689/Sq Ft Est. Value

Last Sold March 18, 2015

Last sale price $2,800,000 $378 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $30,394/month

465 Days on Market

About This Home

As of March 2015

Solar-powered contemporary estate in Rancho Mirage reduced $750,000 is now the ultimate estate with the ultimate value. Over 7000 square feet of luxurious architectural space designed by renowned modernist architect Stewart Williams. This home offers incredible space for entertaining, gallery-like areas for displaying art, and wonderful separation of space. The master bedroom and bath are spacious in their own private wing of the home; there are two sets of guest bedrooms with one set enjoying its very own sitting room. Every amenity is present with collapsing sliders to the outside, sunken bar, private theater, and even a four-car garage. Outside is like your very own resort with oversized swimming pool and spa on a lush acre with southern exposure and impressive views of the surrounding mountains. Truly one of the finest and most secure estates in the desert with nearly no electricity expense due to the incredible solar system.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 11/08/2013

Compass

Last Buyer's Agent

Duke Kulas

Bennion Deville Homes License #01927721

Bennion Deville Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,030

Year Built

1992

Lot Details

0

Parking

4

Listing Details

  • Active Date: 2014-06-30
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Building Size: 7412.0
  • Building Structure Style: Architectural
  • Driving Directions: Bob Hope to Clancy Lane. Turn left into Mission Ranch. Home is on the right side of street.
  • Exclusions: ALL ARTWORK AND SCULPTURES ATTACHED OR UNATTACHED ARE SPECIFICALLY EXCLUDED FROM THE PURCHASE.
  • Full Street Address: 40380 DESERT CREEK LN
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Private Pool
  • Primary Object Modification Timestamp: 2015-11-20
  • Spa Construction: In Ground
  • Spa Descriptions: Heated, Private Spa
  • Total Number of Units: 1
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Appliances: Built-Ins, Microwave, Range
  • Advertising Remarks: Solar-powered contemporary estate in Rancho Mirage reduced $750,000 is now the ultimate estate with the ultimate value. Over 7000 square feet of luxurious architectural space designed by renowned modernist architect Stewart Williams. This home offers in
  • Total Bedrooms: 5
  • Builders Tract Code: 2740
  • Builders Tract Name: MISSION RANCH
  • Fireplace: Yes
  • Spa: Yes
  • Fireplace Rooms: Family Room, Great Room
  • Appliances: Dishwasher, Refrigerator
  • Fireplace Features: Fire Pit
  • Floor Material: Carpet
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 43560
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Type: Garage

Utilities

  • Cooling Type: Central A/C
  • Heating Fuel: Solar
  • Heating Type: Forced Air

Condo/Co-op/Association

  • Amenities: Gated Community Guard
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Name: Mission Ranch
  • HOA Fees: 500.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Feb 20, 2015
Sold by
Morrison Ann M
Bought by
Rubin Diane M
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Duke Kulas
Bennion Deville Homes
List Price
$3,450,000
Sold Price
$2,800,000
Premium/Discount to List
-$650,000
-18.84%
Total Days on Market
465
Current Estimated Value
$5,103,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,303,620
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,500,000
Outstanding Balance
$1,146,270
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$3,957,350

Purchase Details

Closed on
Aug 10, 2005
Sold by
Morrison Ann M
Bought by
Morrison Ann M

Purchase Details

Closed on
Mar 29, 2004
Sold by
Morrison Ann
Bought by
Morrison Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 1998
Sold by
Pitchersky Steven J
Bought by
Morrison Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 1997
Sold by
Graff Radford Adrian S and Graff Carol Radford
Bought by
Morrison Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Rubin Diane M $2,750,000 Wfg Title Company
Morrison Ann M -- --
Morrison Ann M -- --
Morrison Ann M -- --
Morrison Ann -- Fidelity National Title Co
Morrison Ann -- Fidelity National Title Co
Morrison Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubin Diane M $1,500,000
Previous Owner Morrison Ann $1,155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2015 03/18/15 Sold $2,800,000 -6.7% $378 / Sq Ft
01/12/2015 01/12/15 Price Changed $2,999,999 -9.0% $405 / Sq Ft
11/18/2014 11/18/14 Price Changed $3,295,000 -4.5% $445 / Sq Ft
06/30/2014 06/30/14 For Sale $3,450,000 0.0% $465 / Sq Ft
06/30/2014 06/30/14 Price Changed $3,450,000 +23.2% $465 / Sq Ft
06/19/2014 06/19/14 Off Market $2,800,000 -- --
06/16/2014 06/16/14 For Sale $3,850,000 +37.5% $519 / Sq Ft
06/14/2014 06/14/14 Off Market $2,800,000 -- --
04/16/2014 04/16/14 Price Changed $3,850,000 -2.5% $519 / Sq Ft
02/27/2014 02/27/14 Price Changed $3,950,000 -6.0% $533 / Sq Ft
11/08/2013 11/08/13 For Sale $4,200,000 -- $567 / Sq Ft
Source: Palm Springs Regional 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 $40,030 $3,296,394 $988,916 $2,307,478
2023 $40,030 $3,168,393 $950,516 $2,217,877
2022 $38,433 $3,106,269 $931,879 $2,174,390
2021 $37,662 $3,045,362 $913,607 $2,131,755
2020 $36,945 $3,014,137 $904,240 $2,109,897
2019 $36,234 $2,955,037 $886,510 $2,068,527
2018 $35,538 $2,897,096 $869,128 $2,027,968
2017 $34,812 $2,840,291 $852,087 $1,988,204
2016 $33,955 $2,784,600 $835,380 $1,949,220
2015 $26,137 $2,095,843 $351,311 $1,744,532
2014 $25,694 $2,054,790 $344,430 $1,710,360
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Ttk Represents

    Compass

    (760) 350-9253

    242 Total Sales

    Ttk Represents
    Section Image

  • D

    Buyer's Agent in 2015

    Duke Kulas

    Bennion Deville Homes

    Section Image

  • C

    Buyer Co-Listing Agent in 2015

    Charles Grigg

    Bennion Deville Homes

    (760) 898-0334

    21 Total Sales

    Charles Grigg
    Section Image

  • Z

    Buyer Co-Listing Agent in 2015

    Zack Silva

    Silva Properties

  • C

    Buyer Co-Listing Agent in 2015

    Charlie Grigg

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-715849PS

APN: 682-070-016

California Riverside County Rancho Mirage 92270

40380 Desert Creek Ln, Rancho Mirage, CA

This home is located at 40380 Desert Creek Ln, Rancho Mirage, CA 92270 since 08 November 2013 and is currently estimated at $5,103,620, approximately $688 per square foot. This property was built in 1992. 40380 Desert Creek Ln is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

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