NOT LISTED FOR SALE

42688 E Veldt St Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $723,000 - $878,000

3 Beds
2 Baths
1,300 Sq Ft
$630/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $450,000 $346 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,217/month

76 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Mountain View
  • Updated Kitchen
  • Midcentury Modern Architecture
  • Cathedral Ceiling

About This Home

As of April 2015

Nestled above Highway 111, with a gorgeous backdrop of the Santa Rosa-San Jacinto Mountains and beautiful views of the desert valley, 42688 East Veldt is a chic mid-century modern that has been REDUCED ** $50,000.00 ** to sell NOW! This is IT. No more waiting. NOTHING LIKE IT on the market in Magnesia Falls Cove. ...AND... it's being sold FURNISHED, as per inventory. OVER $100,000.00 was invested in this home for YOU! It's immaculate. With bright modern interiors featuring walls of glass looking out to the pool, gas fireplace, and polished concrete floors. With designer interior/exterior lighting by George Kovacs and Eglo Tamara, new custom kitchen and bath cabinetry, carrara counters, built-in stainless steel appliances, glass tile as kitchen backsplash, tub, and shower surrounds ...there's just so much this home has to offer and NOW at a FANTASTIC PRICE! The attention to detail is phenomenal ... the resort LIKE yard, sitting on over a quarter acre of land, with brand new custom shade

Last Agent to Sell the Property

Aldo Baltodano

Greenview Private Capital Corp License #01879659 Listed on: 01/15/2015

Last Buyer's Agent

Maui Drabner

Maui Drabner Properties License #01496261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,410

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $2 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Track Lighting
  • Brick Fireplace
  • Awning
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Painted or Stained Flooring
  • Gas Dryer Hookup

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684344018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,410

Year Built

Built in 1956

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Magnesia Falls Cove
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Modern
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Living & dining room, kitchen, and bath furnishings. Accessories throughout the home. Appliances. Any and all items unless noted under exclusions.
  • List Price per Sq Ft: 384.54
  • Lp Sp Ratio: 0.9002
  • View Type: Mountain(s), Valley
  • Water District Name: Coachella Valley Water Distric
  • Year Built: 1956
  • Listing I D: 215001860
  • Listing Office Address: 13601 E. Whittier Blvd., #100, Whittier, CA 90605
  • Listing Office Fax: (562) 236-1846
  • Selling Member Address: 950 S Flower Street #518, Los Angeles, CA 90015
  • Selling Office Address: 13601 E. Whittier Blvd., #100, Whittier, CA 90605
  • Selling Office Fax: (562) 236-1846
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Refrigerator, Gas Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings, Track Lighting, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Fireplace Features: Brick
  • Flooring: Stained Concrete
  • Bedroom Features: All Bedrooms Down, Primary Suite, Main Floor Primary Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Shower Stall, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Remodeled, Stone Counters
  • Estimated Sq Ft: 1300.00

Exterior Features

  • Roofing: Tar/Gravel
  • Fencing: Block, Wood
  • Foundation: Slab
  • Patio: Awning(s)
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: On Street, Driveway
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Annually
  • Association #2 Frequency: Annually
  • Association #3 Frequency: Annually

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 25.00
  • Total Monthly Association Fees: 2.08

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684344018
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.3000
  • Lot Description: Back Yard, Yard, Utilities Underground, Street Public, Street Paved, Landscaped, Front Yard, Fenced, Curbs
  • Lot Size: 13068.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 4, 2015
Sold by
Fortune Solutions Llc
Bought by
Higginson Kevin Kurtis
Seller's Agent
Aldo Baltodano
Greenview Private Capital Corp
Buyer's Agent
Maui Drabner
Maui Drabner Properties
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Total Days on Market
76
Current Estimated Value
$818,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,829
Avg. Annual Appreciation
6.25%
Original Mortgage
$400,500
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2014
Closed on
May 9, 2014
Sold by
Rojas Martha
Bought by
Fortune Solutions Llc
Seller's Agent
John Springs
Buyer's Agent
James Guillermo
Coldwell Banker Residential Brokerage
List Price
$334,900
Sold Price
$305,000
Premium/Discount to List
-$29,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.58%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Phillip Maria C
Bought by
Phillip Maria Cecelia and Maria Cecelia Phillip Trust Agreement

Purchase Details

Closed on
Mar 14, 1994
Sold by
Phillip Andrew M and Phillip Maria C
Bought by
Phillip Andrew M and Phillip Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7.21%
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 Buyer Sale Price Title Company
Higginson Kevin Kurtis $450,000 Orange Coast Title Co
Fortune Solutions Llc $301,000 Orange Coast Title Company
Phillip Maria Cecelia -- --
Phillip Andrew M -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higginson Kevin Kurtis $382,000
Closed Higginson Kevin Kurtis $400,000
Closed Higginson Kevin Kurtis $400,500
Previous Owner Phillip Andrew M $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Off Market $450,000 -- --
04/10/2015 04/10/15 Sold $450,000 -10.0% $346 / Sq Ft
01/15/2015 01/15/15 For Sale $499,900 +63.9% $385 / Sq Ft
05/22/2014 05/22/14 Sold $305,000 -8.9% $244 / Sq Ft
05/08/2014 05/08/14 For Sale $334,900 0.0% $268 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $334,900 -- $268 / 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 $7,410 $519,820 $155,943 $363,877
2022 $7,385 $509,629 $152,886 $356,743
2021 $7,231 $499,638 $149,889 $349,749
2020 $6,881 $494,516 $148,353 $346,163
2019 $6,778 $484,821 $145,445 $339,376
2018 $6,669 $475,316 $142,594 $332,722
2017 $6,575 $465,998 $139,799 $326,199
2016 $6,393 $456,861 $137,058 $319,803
2015 $4,441 $307,020 $92,820 $214,200
2014 $1,395 $61,248 $11,318 $49,930
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Aldo Baltodano

    Greenview Private Capital Corp

  • M

    Buyer's Agent in 2015

    Maui Drabner

    Maui Drabner Properties

  • J

    Seller's Agent in 2014

    John Springs

  • John Kouri

    Seller Co-Listing Agent in 2014

    John Kouri

    (760) 641-8928

    3 Total Sales

    John Kouri
    Section Image
  • James Guillermo

    Buyer's Agent in 2014

    James Guillermo

    Coldwell Banker Residential Brokerage

    (760) 449-1345

    28 Total Sales

    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215001860

California Desert Association of REALTORS®

APN: 684-344-018

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

42688 E Veldt St, Rancho Mirage, CA

This home is located at 42688 E Veldt St, Rancho Mirage, CA 92270 since 15 January 2015 and is currently estimated at $818,829, approximately $629 per square foot. This property was built in 1956. 42688 E Veldt St 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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