NOT LISTED FOR SALE

42415 Rancho Las Palmas Dr Unit 14 Rancho Mirage, CA 92270

Estimated Value: $375,000 - $449,000

2 Beds
1.5 Baths
915 Sq Ft
$399/mo HOA Fee

Last Sold May 23, 2023

Last sale price $415,000 $454 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,060/month

20 Days on Market

Highlights

  • Panoramic View
  • Updated Kitchen
  • Private Lot
  • Custom Home
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of May 2023

Iconic mid-century A-frame at the base of the Magnesia Falls Cove in Rancho Mirage. A 2BDR unit built in 1964 by Architect Barry Berkus. This unique property is a time-capsule of mid-century architecture. These 2 bedroom properties rarely come on the market. You won't find anything this architecturally significant in this price range. The sophisticated renovation of the interior space includes a recent, modern, designer kitchen and huge master bedroom with ensuite bathroom. The highlight of the buildings is the A-frame ''Chalet'' roof that covers each unit's private front patio. The distinctive elements of this exceptional place features floor to ceiling glass views from both courtyards, architectural shadow block walls and the only available unit with mountain views from the living room. Besides a great established income opportunity for investors, you have a chance to acquire a gem in the Cove, located near the very private Sensei Porcupine Creek Resort & Golf Course. At the heart of the property is a beautiful pool, spa an outdoor shower which is surrounded by terraced landscape and picturesque mountain views. With only 32 units over 3 acres of manicured lush grounds Chalet Palms is the perfect place to unwind and enjoy the desert lifestyle. The property was published in the book MOD MIRAGE by Melissa Riche and this unit was featured on the 2022 Modernism tour.

Last Agent to Sell the Property

Luca Volpe

Realty Trust License #02037333 Listed on: 04/20/2023

Co-Listed By

Daniel Abello

Realty Trust License #02206276

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • South Facing Home
  • Wood Fence
  • Block Wall Fence
  • Hillside Location

HOA Fees

  • $399 Monthly HOA Fees

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain

Home Design

  • Custom Home
  • Midcentury Modern Architecture
  • A-Frame Home
  • Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 915 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Custom Window Coverings
  • Blinds
  • Sliding Doors
  • Entryway
  • Living Room with Attached Deck
  • Dining Area
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Room
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Linen Closet
  • Remodeled Bathroom
  • Powder Room
  • Shower Only
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Parking Spaces
  • 1 Detached Carport Space
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 684341014

Community Details

Overview

  • Association fees include insurance, water, trash, maintenance paid
  • 32 Units
  • Chalet Palms Subdivision
  • On-Site Maintenance
  • Greenbelt

Pet Policy

  • Pet Restriction

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,828

Year Built

Built in 1965

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South
  • Levels: Ground Level, No Unit Above, Ground
  • Building Style: A-Frame, Modern, Mid Century
  • Entry Location: Ground Level - No Steps
  • Included In Sale: This unit could be Turn- Key per Seller inventory to be purchased outside of escrow. Exclusions apply. Ask for Seller Inventory list.
  • List Price per Sq Ft: 464.48
  • Lp Sp Ratio: 0.9800
  • Unit Total In Complex: 32
  • View Type: Mountain(s), Panoramic, Peek-A-Boo
  • Water District Name: Coachella Valley Water District
  • Year Built: 1965
  • Co Listing Office Address: 600 E. Tahquitz Canyon Way, #2, Palm Springs, CA 92262
  • Co Selling Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Co Selling Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing I D: 219093901
  • Listing Office Address: 600 E. Tahquitz Canyon Way, #2, Palm Springs, CA 92262
  • Listing Office Fax: (760) 406-6072
  • Selling Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Selling Member Fax: (760) 406-9883
  • Selling Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Chalet Palms
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Convection Oven, Gas Oven, Refrigerator, Disposal
  • Interior Amenities: Block Walls, Recessed Lighting, Open Floorplan, Living Room Deck Attached
  • Flooring: Tile
  • Bedroom Features: Main Floor Bedroom, Primary Retreat
  • Total Bedrooms: 2
  • Bathroom Features: Linen Closet, Tile Shower, Shower Stall, Remodeled, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Breakfast Nook
  • Kitchen Features: Pantry, Quartz Counters, Remodeled
  • Laundry: Community
  • Estimated Sq Ft: 915.00
  • Windows Treatments: Custom Window Covering, Mini Blinds, Drapes

Exterior Features

  • Construction: Block, Stucco, Combination
  • Other Features: Barbeque Private, End Unit, Custom Built
  • Roofing: Flat, Tile
  • Fencing: Block, Wood
  • Foundation: Slab
  • Patio: Covered
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest, On Street, Detached Carport
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Gas, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Unit

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Insurance, Water, Trash, Maintenance Paid
  • Association Amenities: Greenbelt/Park, Pet Rules, Management, Maintenance Grounds, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 399.00
  • Total Monthly Association Fees: 399.00
  • Unit Location: End Unit, Outside Unit, Ground Floor

Lot Info

  • Assessor Parcel Number: 684341014
  • Lot Description: Fenced, Utilities Underground, Private
  • Lot Location: Greenbelt, Hillside
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 22, 2023
Sold by
Ragir Marshall Living Trust
Bought by
Hall Nicholas and Hall Windy
Seller's Agent
Luca Volpe
Realty Trust
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$399,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,889
Avg. Annual Appreciation
-1.71%

Purchase Details

Closed on
Mar 24, 2021
Sold by
Ragir Marshall and Marshall Ragir Living Trust
Bought by
Ragir Marshall and Marshall Ragir Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2020
Sold by
Ragir Marshall
Bought by
Ragir Marshall

Purchase Details

Listed on
Oct 18, 2018
Closed on
Oct 29, 2018
Sold by
Beck Donald R
Bought by
Ragir Marshall
Seller's Agent
Mia Cottet
Sotheby's International Realty
Buyer's Agent
Luca Volpe
Realty Trust
List Price
$215,000
Sold Price
$202,000
Premium/Discount to List
-$13,000
-6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$176,850
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 8, 2012
Sold by
Wiseth Derek N
Bought by
Beck Donald R
Seller's Agent
Dan Hall
Bennion Deville Homes
Buyer's Agent
Dan Hall
Bennion Deville Homes
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Mar 17, 2004
Sold by
Giblin Thomas and Giblin Doreen V
Bought by
Wiseth Derek N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.95%
Mortgage Type
New Conventional
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
Hall Nicholas $415,000 Chicago Title
Ragir Marshall -- Wfg National Title Co Of Ca
Ragir Marshall -- None Available
Ragir Marshall $202,000 Chicago Title Company
Beck Donald R $105,000 Orange Coast Title Co
Wiseth Derek N $146,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragir Marshall $210,000
Previous Owner Ragir Marshall $176,850
Previous Owner Wiseth Derek $103,705
Previous Owner Wiseth Derek N $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $415,000 -2.4% $454 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $425,000 +110.4% $464 / Sq Ft
11/16/2018 11/16/18 Sold $202,000 -6.0% $221 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $215,000 +104.8% $235 / Sq Ft
03/19/2012 03/19/12 Sold $105,000 -12.5% $115 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $120,000 -- $131 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $5,828 $431,765 $107,941 $323,824
2023 $5,828 $216,581 $80,413 $136,168
2022 $3,284 $212,336 $78,837 $133,499
2021 $3,226 $208,174 $77,292 $130,882
2020 $3,079 $206,040 $76,500 $129,540
2019 $3,033 $202,000 $75,000 $127,000
2018 $1,967 $115,903 $28,973 $86,930
2017 $1,947 $113,631 $28,405 $85,226
2016 $1,901 $111,404 $27,849 $83,555
2015 $1,838 $109,732 $27,432 $82,300
2014 $1,837 $107,585 $26,896 $80,689
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219093901

Greater Palm Springs Multiple Listing Service

APN: 684-341-014