NOT LISTED FOR SALE

42415 Rch ls Pms Dr Unit 15 Rancho Mirage, CA 92270

Estimated Value: $305,000 - $374,000

2 Beds
2 Baths
915 Sq Ft
871 Sq Ft Lot

Last Sold September 30, 2015

Last sale price $148,000 $162 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,047/month

175 Days on Market

About This Home

As of September 2015

A mid century condo on fee land. Great value as a vacation rental or a Palm Springs getaway. Seldom do these units come up, with only 32 units and pride of ownership it's hard to find more unique property for this price. Very private neighborhood in the "cove" area but right off the beaten track of 111. Well maintained. Carport, pool (heated all year) and a relaxing spa makes this a must have property.

Last Agent to Sell the Property

James Lewis

Lewis Capital Partners Inc. License #01164097 Listed on: 03/24/2015

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,669

Year Built

1965

Lot Details

0

Listing Details

  • Active Date: 2015-09-11
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Building Size: 915.0
  • Building Structure Style: Architectural
  • Driving Directions: Rancho Las Palmas is right off 111; behind the Spaghetti Factory.
  • Full Street Address: 42415 RANCHO LAS PALMAS DR
  • Land Lease Purchase: No
  • Pool Descriptions: Community Pool
  • Primary Object Modification Timestamp: 2015-10-01
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 1
  • Total Number of Units: 32
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Bathroom Features: Dual Entry (Jack & Jill) Bath
  • Advertising Remarks: Mid century gem in The heart of the Palm Springs area. Only one of 32 units with stunning lines on "fee" land (not leased) makes this a great buy and a keep sake for many years to come. This is perfect for the buyer that wants a place in Palm Springs but
  • Total Bedrooms: 2
  • Builders Tract Code: 2570
  • Builders Tract Name: MAGNESIA FALLS COVE
  • Fireplace: No
  • Spa: Yes
  • Appliances: Refrigerator
  • Floor Material: Ceramic Tile
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 871
  • Common Walls: Attached
  • Patio: Patio Open
  • Windows: Double Pane Windows

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Type: Carport Attached

Utilities

  • Sprinklers: Sprinkler Timer
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace
  • Security: Smoke Detector

Condo/Co-op/Association

  • HOA: No
  • Association Fees Include: Building and Grounds
  • Association Rules: PetsPermitted
  • Association Name: Chalet Palms

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
Aug 3, 2015
Sold by
Palm Desert Capital Llc
Bought by
Taboada Christina Melissa
Seller's Agent
James Lewis
Lewis Capital Partners Inc.
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$173,350
Sold Price
$148,000
Premium/Discount to List
-$25,350
-14.62%
Current Estimated Value
$334,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,892
Avg. Annual Appreciation
8.59%
Original Mortgage
$133,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2013
Sold by
Stucki Derek Glynn
Bought by
Oak Tree Trust

Purchase Details

Closed on
Sep 21, 2006
Sold by
Stucki Debra Lynn
Bought by
Stucki Derek Glynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Darcy Richard
Bought by
Stucki Derek Glynn and Stucki Debra Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2004
Sold by
Pascoe Monte
Bought by
Darcy Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Taboada Christina Melissa $148,000 First American Title Company
Oak Tree Trust $102,500 Lawyers Title
Stucki Derek Glynn -- Landamerica Lawyers Title
Stucki Derek Glynn $250,000 Southland Title Inland Empir
Darcy Richard $168,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taboada Christina Melissa $116,000
Previous Owner Taboada Christina Melissa $133,200
Previous Owner Palm Desert Capital Llc $105,000
Previous Owner Stucki Derek Glynn $200,000
Previous Owner Stucki Derek Glynn $200,000
Previous Owner Darcy Richard $134,600
Closed Darcy Richard $33,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $148,000 -5.7% $162 / Sq Ft
07/15/2015 07/15/15 Price Changed $157,000 -1.3% $172 / Sq Ft
06/25/2015 06/25/15 Price Changed $159,000 -3.0% $174 / Sq Ft
06/11/2015 06/11/15 Price Changed $164,000 -2.3% $179 / Sq Ft
06/05/2015 06/05/15 Price Changed $167,900 -0.7% $183 / Sq Ft
05/13/2015 05/13/15 Price Changed $169,000 -2.3% $185 / Sq Ft
05/10/2015 05/10/15 Price Changed $173,000 -0.2% $189 / Sq Ft
03/24/2015 03/24/15 For Sale $173,350 +69.6% $189 / Sq Ft
08/15/2013 08/15/13 Sold $102,200 +1.7% $112 / Sq Ft
06/11/2013 06/11/13 For Sale $100,500 0.0% $110 / Sq Ft
06/11/2013 06/11/13 Price Changed $100,500 +17.1% $110 / Sq Ft
03/05/2013 03/05/13 Price Changed $85,800 -31.4% $94 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $125,000 -- $137 / Sq Ft
Source: The MLS

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 $2,669 $175,191 $43,795 $131,396
2023 $2,669 $168,391 $42,096 $126,295
2022 $2,670 $165,090 $41,271 $123,819
2021 $2,624 $161,854 $40,462 $121,392
2020 $2,509 $160,196 $40,048 $120,148
2019 $2,478 $157,056 $39,263 $117,793
2018 $2,446 $153,978 $38,494 $115,484
2017 $2,414 $150,960 $37,740 $113,220
2016 $2,354 $148,000 $37,000 $111,000
2015 $1,772 $104,241 $30,599 $73,642
2014 $1,771 $102,200 $30,000 $72,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    James Lewis

    Lewis Capital Partners Inc.

    (760) 469-4650

    8 Total Sales

    James Lewis
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

  • M

    Seller's Agent in 2013

    Melina Boswell

    EXP REALTY OF SOUTHERN CA. INC

    (909) 815-6489

    10 Total Sales

    Melina Boswell
    Section Image
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Map

Source: The MLS

MLS Number: 15-889721PS

The MLS

APN: 684-341-015

California Riverside County Rancho Mirage 92270

42415 Rch ls Pms Dr Unit 15, Rancho Mirage, CA

This home is located at 42415 Rch ls Pms Dr Unit 15, Rancho Mirage, CA 92270 since 24 March 2015 and is currently estimated at $334,892, approximately $366 per square foot. This property was built in 1965. 42415 Rch ls Pms Dr Unit 15 is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

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