NOT LISTED FOR SALE

40473 Desert Creek Ln Rancho Mirage, CA 92270

Estimated Value: $4,851,960 - $6,819,000

8 Beds
10 Baths
8,353 Sq Ft
$692/Sq Ft Est. Value

Last Sold March 29, 2018

Last sale price $3,650,000 $437 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $35,220/month

49 Days on Market

Highlights

  • Tennis Courts
  • Cabana
  • Custom Home
  • James Earl Carter Elementary School Rated A-
  • Gourmet Kitchen
  • Open Floorplan

About This Home

As of March 2018

Impeccable tennis estate on over an acre off Clancy Lane in prestigious Mission Ranch! Eight bedrooms, ten baths plus office, approx. 8,353 sq. ft. Designed by renowned architects Holden & Johnson and built by Michael Homme. Features impressive gallery entry to formal living room with media and two way fireplace to formal dining. Gorgeous family room with fireplace, media and custom wet bar with pocket doors opening to loggia. Gourmet stainless kitchen with built-in buffet and breakfast area in front of picture perfect walls of glass. Stunning all suite bedrooms each with their own distinct design elements and classic modern style. The resort like grounds include and entertainment pavilion with outdoor kitchen and dining overlooking the professional tennis / sports court. Beautiful pool with custom lighting and waterfall spa, fire pit, and gardens with fruit trees plus incredible west mountain views. Furnishings available.

Last Agent to Sell the Property

Valery Neuman

HK Lane Real Estate License #01138184 Listed on: 12/18/2017

Last Buyer's Agent

Scott Lyle

Compass License #00700215

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,316

Year Built

  • Built in 1989

Lot Details

  • 1.12 Acre Lot
  • Landscaped

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage

Home Design

  • Custom Home
  • Modern Architecture
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 8,353 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Coffered Ceiling
  • High Ceiling
  • Raised Hearth
  • See Through Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 682070001

Community Details

Overview

  • Mission Ranch Subdivision

Recreation

  • Tennis Courts

Additional Features

  • Recreation Room
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,316

Year Built

Built in 1989

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Mission Ranch
  • Building Number Of Stories: 2
  • Building Style: Modern
  • Entry Location: Foyer
  • List Price per Sq Ft: 478.27
  • Lp Sp Ratio: 0.9136
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1989
  • Listing I D: 217034860
  • Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-4899
  • Selling Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Selling Office Fax: (760) 541-4899
  • Land Type: Fee
  • Subdivision: Mission Ranch
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Microwave Oven, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Dining Room, Living Room, Family Room
  • Interior Amenities: Built-In Features, Surround Sound Wired, Open Floorplan, High Ceilings (9 Ft+), Coffered Ceiling(s)
  • Range Hood: Yes
  • Fireplace Features: Raised Hearth, See Through
  • Flooring: Mixed
  • Bedroom Features: Primary Suite, Walk In Closet
  • Total Bedrooms: 8
  • Bathroom Features: Shower & Tub
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 10.00
  • Full Bathrooms: 7
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Breakfast Nook
  • Kitchen Features: Gourmet Kitchen, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 8353.00

Exterior Features

  • Other Features: Barbeque Private, Basketball, Tennis Court, Custom Built
  • Other Structures: Cabana
  • Roofing: Concrete, Tile
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Tennis Courts, Recreation Room
  • HOA Information: Yes
  • HOA Fee 1: 543.00
  • Total Monthly Association Fees: 543.00

Lot Info

  • Assessor Parcel Number: 682070001
  • Lot Acres: 1.1200
  • Lot Description: Landscaped
  • Lot Size: 48787.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2021
Sold by
Kaur Paramijit and Chandi Nachhattar Singh
Bought by
Chandi Sandeep S
Current Estimated Value
$5,781,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,886,000
Outstanding Balance
$2,628,765
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,152,555

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 23, 2018
Sold by
Chandi Susana
Bought by
Chandi Nachhattar Singh
Seller's Agent
Valery Neuman
HK Lane Real Estate
Buyer's Agent
Scott Lyle
Compass
List Price
$3,995,000
Sold Price
$3,650,000
Premium/Discount to List
-$345,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$2,555,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 21, 2018
Sold by
Singh Harvinder
Bought by
Kaur Paramjit
Seller's Agent
Valery Neuman
HK Lane Real Estate
Buyer's Agent
Scott Lyle
Compass
List Price
$3,995,000
Sold Price
$3,650,000
Premium/Discount to List
-$345,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,555,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 18, 2017
Closed on
Feb 6, 2018
Sold by
Christofilis Constantinos and Christofilis Jeannine Navone
Bought by
Chandi Sandeep S and Kaur Paramjit
Seller's Agent
Valery Neuman
HK Lane Real Estate
Buyer's Agent
Scott Lyle
Compass
List Price
$3,995,000
Sold Price
$3,650,000
Premium/Discount to List
-$345,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,555,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2011
Sold by
Barbato Autun Michael and Barbato Lisa Joann
Bought by
Christofilis Constantinos and Christofilis Jeannine Navone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,852,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by
Miller David and Miller Teresa J
Bought by
Barbato Antun Michael and Barbato Lisa Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2002
Sold by
Karcher Carl L and Karcher Peggy L
Bought by
Miller David and Miller Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chandi Sandeep S -- Chicago Title
Chandi Nachhattar Singh -- First American Title Company
Kaur Paramjit -- First American Title Com
Chandi Sandeep S $3,050,000 First American Title Com
Christofilis Constantinos $2,850,000 None Available
Barbato Antun Michael $2,700,000 Fnt
Miller David $2,275,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandi Sandeep S $2,886,000
Closed Chandi Nachhattar Singh $2,555,000
Previous Owner Christofilis Constantinos $1,852,500
Previous Owner Barbato Antun Michael $1,500,000
Previous Owner Miller David $1,250,000
Closed Barbato Antun Michael $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $3,650,000 -8.6% $437 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $3,995,000 -- $478 / 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 $48,316 $3,986,623 $1,195,986 $2,790,637
2023 $48,316 $3,831,820 $1,149,546 $2,682,274
2022 $46,397 $3,756,687 $1,127,006 $2,629,681
2021 $39,630 $3,206,092 $961,825 $2,244,267
2020 $38,875 $3,173,218 $951,963 $2,221,255
2019 $38,127 $3,110,999 $933,298 $2,177,701
2018 $38,646 $3,146,127 $943,836 $2,202,291
2017 $38,007 $3,084,439 $925,330 $2,159,109
2016 $37,050 $3,023,961 $907,187 $2,116,774
2015 $37,167 $2,978,540 $893,561 $2,084,979
2014 $35,712 $2,850,000 $855,000 $1,995,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 217034860

California Desert Association of REALTORS®

APN: 682-070-001