NOT LISTED FOR SALE

Estimated Value: $2,879,000 - $3,685,516

0.83 Acre
$3,992,978 Price per Acre
36,155 Sq Ft Lot

Last Sold May 29, 2014

Last sale price $640,000

Est. 407% increase in value since last sale

Current estimated payment $19,981/month

236 Days on Market

Highlights

  • Panoramic View
  • Hilltop Location
  • Cul-De-Sac

About This Lot

As of May 2014

Premium lot at the top of the development in prestigious Thunderbird Heights! Large .83 acre lot with best valley and mountain views on end of cul-de-sac location! Build the home of your dreams in the heart of Rancho Mirage. Beautiful renderings by Steven DeChristopher are available.

Last Agent to Sell the Property

Valery Neuman

License #01138184 Listed on: 09/11/2013

Last Buyer's Agent

Allan Grushkin

Bennion Deville Homes License #01872369

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,551

Lot Details

  • 0.83 Acre Lot
  • Cul-De-Sac
  • Hilltop Location

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert

Utilities

  • Property is located within a water district
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Thunderbird Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 690070002

Property Details

Property Type

Land

Est. Annual Taxes

$24,551

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: Thunderbird Heights
  • Lp Sp Ratio: 0.9156
  • View Type: City Lights, Mountain(s), Panoramic, Desert
  • Water District Name: CVWD
  • Internal Listing I D: 20190608122014563890000000
  • Listing I D: 21481233
  • Listing Office Address: 78015 Main Street, Ste. 205, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-5399
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 47-250 Washington St, Ste B, La Quinta Office, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-9686
  • Land Type: Fee
  • Subdivision: Thunderbird Heights
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Water: Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 413.00

Lot Info

  • Assessor Parcel Number: 690070002
  • Lot Acres: 0.8300
  • Lot Location: Cul-De-Sac, Hilltop
  • Lot Size: 36155.00
  • Land Info Topography: Dirt
  • List Price per Acre: 842168.67

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Apr 25, 2014
Sold by
Birkbeck Geoff and Birkbeck Elaine
Bought by
Klm Llc
Seller's Agent
Valery Neuman
Buyer's Agent
Allan Grushkin
Bennion Deville Homes
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Current Estimated Value
$3,247,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,607,336
Avg. Annual Appreciation
15.96%
Original Mortgage
$445,591
Interest Rate
4.23%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 18, 2010
Sold by
Jorgensen Jane
Bought by
Birkbeck Geoff and Birkbeck Elaine

Purchase Details

Closed on
Nov 6, 2007
Sold by
Franks Cory M
Bought by
Jorgensen Jay O and Jorgensen Jane M

Purchase Details

Closed on
Sep 18, 2003
Sold by
Franks Kitti E
Bought by
Franks Cory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 1998
Sold by
Mco Properties Inc
Bought by
Bianchi John E and The Bianchi Family Trust

Purchase Details

Closed on
Sep 5, 1997
Sold by
Lesstrang Barbara
Bought by
Franks Cory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7%

Purchase Details

Closed on
Feb 22, 1996
Sold by
Lesstrang Jacques
Bought by
Lesstrang Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.75%
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
Klm Llc $640,000 None Available
Birkbeck Geoff $515,000 Orange Coast Title Company
Jorgensen Jay O $1,300,000 Chicago Title Company
Franks Cory M -- First American Title Co
Bianchi John E -- Orange Coast Title
Franks Cory M $385,000 Fidelity National Title Ins
Lesstrang Barbara -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kramer Kurt G $850,000
Previous Owner Klm Llc $1,500,000
Previous Owner Klm Llc $445,591
Previous Owner Klm Llc $445,591
Previous Owner Spells Kimberlym Lynn $289,200
Previous Owner Franks Cory M $75,000
Previous Owner Franks Cory M $500,000
Previous Owner Franks Cory M $100,000
Previous Owner Franks Cory M $330,000
Previous Owner Franks Cory M $308,000
Previous Owner Lesstrang Barbara $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2014 05/29/14 Sold $640,000 -8.4% --
09/11/2013 09/11/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $699,000 -- --
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 $24,551 $1,980,180 $784,547 $1,195,633
2023 $24,551 $1,903,289 $754,083 $1,149,206
2022 $24,447 $1,865,971 $739,298 $1,126,673
2021 $23,940 $1,829,384 $724,802 $1,104,582
2020 $22,664 $1,810,627 $717,371 $1,093,256
2019 $22,260 $1,775,125 $703,305 $1,071,820
2018 $21,834 $1,740,319 $689,515 $1,050,804
2017 $21,512 $1,706,196 $675,996 $1,030,200
2016 $20,863 $1,672,742 $662,742 $1,010,000
2015 $7,968 $652,787 $652,787 $0
2014 $6,717 $542,289 $542,289 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21481233

California Desert Association of REALTORS®

APN: 690-070-002