$535,000
SOLD AUG 24, 2016

42503 Rancho Mirage Ln Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood
3 Beds
3 Baths
2,473 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

9% Below List Price

107 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Granite Countertops
  • Open Floorplan
  • Mediterranean Architecture
  • Shutters

About This Home

As of August 2021

$50,000 Price Reduction - Seller says SELL! Lovely Rancho Mirage beauty - 3 bedroom/office or 4th bedroom, 3 bath newly remodeled home! All new interior and exterior paint, new-neutral bedroom carpet, new granite slab kitchen counters, new fans/light fixtures, new stainless steel appliances, and fresh landscaping. Pool/spa home with peek-a-boo views of the mountains. Fantastic central location near the River, Rancho Mirage and Palm Desert shopping areas. West side yard large enough for RV/boat storage. You won't have to lift a finger, just move right in! Click the attached virtual GLIDE tour.

Last Agent to Sell the Property

Christine Nichols

Premier Properties License #01852842 Listed on: 04/03/2016

Last Buyer's Agent

Dan Hamilton

Coldwell Banker Realty License #01923960

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,018

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Pool

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,473 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Shutters
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Pool

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

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684343007

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,018

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One
  • Builders Tract Code: Magnesia Falls Cove
  • Building Style: Mediterranean
  • Included In Sale: Refrigerator
  • List Price per Sq Ft: 217.95
  • Lp Sp Ratio: 0.9926
  • View Type: Mountain(s), Pool
  • Year Built: 1999
  • Listing I D: 216011176
  • Listing Member Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Listing Member Fax: (760) 619-3384
  • Listing Office Address: 78-115 Calle Estado, #104, La Quinta, CA 92253
  • Listing Office Fax: (760) 888-9112
  • Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Dryer Hookup, Microwave Oven, Refrigerator
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Slab Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 2473.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Hard Coat Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • 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
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Heating: Central
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684343007
  • Irrigation: Drip System, Sprinkler System
  • Lot Acres: 0.2200
  • Lot Size: 9583.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 2, 2021
Sold by
Greinke Gary
Bought by
Sommerville Art and Blackshear Robert S
Seller's Agent
Jelmberg Team
Keller Williams Realty
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Greinke Gary G and Greinke Alison J
Bought by
Grienke Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2015
Sold by
Katz Harry
Bought by
Katz Esther and Esther Katz Living Trust

Purchase Details

Closed on
Jul 10, 2006
Sold by
Katz Esther
Bought by
Greinke Gary G and Mccarthy Alison J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2002
Sold by
Katz Frances and Hewitson Esther
Bought by
Katz Frances and The Katz Survivors Trust

Purchase Details

Closed on
May 8, 2002
Sold by
Katz Frances
Bought by
Katz Frances and Hewitson Esther

Purchase Details

Closed on
Feb 19, 2002
Sold by
Katz Israel
Bought by
Katz Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.94%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Bonafede Patricia Marie
Bought by
Katz Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.94%

Purchase Details

Closed on
May 25, 1999
Sold by
Benny Madge
Bought by
Benny Arthur

Purchase Details

Closed on
May 13, 1999
Sold by
Benny Arthur
Bought by
Bonafede Patricia Marie

Purchase Details

Closed on
Apr 9, 1998
Sold by
Burke & Pace Of Arroyo Grande Inc
Bought by
Benny Arthur

Purchase Details

Closed on
Apr 12, 1996
Sold by
Lamberson Lindsey
Bought by
Burke & Pace Of Arroyo Grande Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Equity Title Company
Interfamily Deed Transfer -- Ticor Title Riverside
Deed Of Distribution -- None Available
Grant Deed $535,000 Equity Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $330,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed -- Orange Coast Title
Grant Deed $24,500 First American Title Ins Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $496,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $87,564 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $264,000 No Value Available
Previous Owner $190,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $1,150,000 -11.2% $465 / Sq Ft
04/01/2025 04/01/25 For Sale $1,295,000 +29.5% $524 / Sq Ft
08/23/2021 08/23/21 Sold $1,000,000 -4.8% $404 / Sq Ft
06/10/2021 06/10/21 For Sale $1,050,000 +96.3% $425 / Sq Ft
08/24/2016 08/24/16 Sold $535,000 -0.7% $216 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/12/2016 06/12/16 Price Changed $539,000 -8.5% $218 / Sq Ft
04/03/2016 04/03/16 For Sale $589,000 -- $238 / 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
2023 $14,018 $1,020,000 $93,330 $926,670
2022 $13,919 $1,000,000 $91,500 $908,500
2021 $8,461 $590,116 $144,747 $445,369
2020 $8,052 $584,066 $143,263 $440,803
2019 $7,927 $572,614 $140,454 $432,160
2018 $7,600 $545,700 $137,700 $408,000
2017 $7,509 $535,000 $135,000 $400,000
2016 $5,977 $411,804 $102,946 $308,858
2015 $5,686 $405,620 $101,400 $304,220
2014 $5,657 $397,675 $99,414 $298,261
Source: Public Records

Agents Affiliated with this Home

  • Luther Henderson

    Seller's Agent in 2025

    Luther Henderson

    Realty Executives

    (310) 936-2590

    3 Total Sales

    Luther Henderson
    Section Image
  • Peter Bledsoe

    Seller Co-Listing Agent in 2025

    Peter Bledsoe

    Realty Executives

    (310) 968-6582

    15 Total Sales

    Peter Bledsoe
    Section Image

  • J

    Seller's Agent in 2021

    Jelmberg Team

    Keller Williams Realty

  • Christine Nichols

    Seller's Agent in 2016

    Christine Nichols

    Premier Properties

    (760) 567-2211

    86 Total Sales

    Christine Nichols
    Section Image
  • Dan Hamilton

    Buyer's Agent in 2016

    Dan Hamilton

    Coldwell Banker Realty

    (760) 625-7229

    141 Total Sales

    Dan Hamilton
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216011176

California Desert Association of REALTORS®

APN: 684-343-007

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

42503 Rancho Mirage Ln, Rancho Mirage, CA

This home is located at 42503 Rancho Mirage Ln, Rancho Mirage, CA 92270 and is currently priced at $535,000, approximately $216 per square foot. This property was built in 1999. 42503 Rancho Mirage Ln is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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