NOT LISTED FOR SALE

Estimated Value: $5,567,000 - $6,763,000

4 Beds
4.5 Baths
6,634 Sq Ft
$904/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $3,661,000 $552 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $36,834/month

156 Days on Market

Highlights

  • On Golf Course
  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Palm Desert High School Rated A
  • Gourmet Kitchen
  • Panoramic View

About This Home

As of May 2014

Situated on an elevated south-facing lot in exclusive Toscana Country Club, this newly constructed custom home was designed with an eye for detail. Every aspect was thought out as though it were the builder's own home. No expense has been spared in the creation of this masterpiece, as the sellers insisted on only the finest finishes. Imported Jerusalem stone flooring with spectacular fossilization; hand crafted Turkish carpeting; beautiful stone fireplaces; as well as custom artisan wood working, including a cedar lined closet in the luxurious master suite. The list of custom amenities include a wood burning oven and smart home integration to name a few. As you would expect in a home of this caliber, from almost every vantage point inside and out, the views are absolutely breathtaking! There are also a few surprises in store for the new owner of this estate, some to share with guests...others to remain a closely guarded secret. This is a home that MUST be seen to be appreciated.

Last Agent to Sell the Property

Nick Balsamo

Bennion Deville Homes License #01465076 Listed on: 11/24/2013

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,824

Lot Details

  • 0.43 Acre Lot
  • On Golf Course
  • North Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Panoramic
  • City Lights
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Slab Foundation
  • Plaster Walls
  • Tile Roof
  • Stone Exterior Construction
  • Plaster

Interior Spaces

  • 6,634 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Stone Fireplace
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Recirculated Exhaust Fan
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Granite Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Security System Owned
  • Smart Home

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Outdoor Pool
  • Waterfall Pool Feature
  • Heated Spa
  • In Ground Spa

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Wood Insert Heater
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Outdoor Fireplace
  • Fireplace in Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 634370005

Community Details

Overview

  • Built by Nick Balsamo
  • Toscana Country Club Subdivision, Nick Balsamo Floorplan

Additional Features

  • Billiard Room
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,824

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builder Model Name: Nick Balsamo
  • Builder Name: Nick Balsamo
  • Builders Tract Code: Toscana CC
  • Building Style: Mediterranean
  • Entry Location: Ground Level w/Steps
  • List Price per Sq Ft: 601.15
  • Lp Sp Ratio: 0.9180
  • View Type: City Lights, Water, Panoramic, Mountain(s), Lake, Golf Course
  • Water District Name: CVWD
  • Listing I D: 213005748
  • Listing Office Address: 47-250 Washington St, Ste B, La Quinta Office, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-9686
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Toscana Country Club
  • Special Features: NewHome

Interior Features

  • Appliances: Bar Ice Maker, Ice Maker - Standalone, Exhaust Fan, Refrigerator, Gas Dryer Hookup, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Retreat, Living Room, Casita - Guest House, Family Room
  • Interior Amenities: Beamed Ceilings, Wet Bar, Recessed Lighting, Plaster Walls, High Ceilings (9 Ft+), Home Automation System, Crown Molding, Coffered Ceiling(s), Bar
  • Fireplace Features: Wood Stove Insert, Gas Log, Stone
  • Flooring: Carpet, Travertine, Marble
  • Bedroom Features: Master Retreat, Walk In Closet, Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Granite Shower, Under Vanity Lighting, Tub With Jets, Shower & Tub, Powder Room, Linen Closet, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Counters, Pantry, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 6634.00

Exterior Features

  • Construction: Stone, Plaster
  • Other Features: Custom Built, Slab
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

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

Utilities

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

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 470.00
  • Total Monthly Association Fees: 470.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 634370005
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.4300
  • Lot Location: On Golf Course
  • Lot Size: 18731.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2013
Closed on
Apr 17, 2014
Sold by
Worden Kandie Hart
Bought by
Worden Darren
Seller's Agent
Nick Balsamo
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$4,595,000
Sold Price
$3,661,000
Premium/Discount to List
-$934,000
-20.33%
Current Estimated Value
$5,996,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,335,977
Avg. Annual Appreciation
4.43%

Purchase Details

Listed on
Nov 24, 2013
Closed on
Apr 16, 2014
Sold by
Worden Darren
Bought by
The Clancy 1993 Family Trust
Seller's Agent
Nick Balsamo
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$4,595,000
Sold Price
$3,661,000
Premium/Discount to List
-$934,000
-20.33%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Pnc Mortgage
Bought by
Worden Darren

Purchase Details

Closed on
Jan 12, 2010
Sold by
Hockings Traci A
Bought by
Pnc Mortgage

Purchase Details

Closed on
Aug 21, 2006
Sold by
Hockings Traci A
Bought by
Hockings Jeffrey M and Hockings Traci A

Purchase Details

Closed on
Aug 9, 2006
Sold by
Hockings Jeffrey M
Bought by
Hockings Traci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,087,500
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 20, 2006
Sold by
Lisenbee Cathy J
Bought by
Hockings Traci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,087,500
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 2, 2004
Sold by
Toscana Land Llc
Bought by
Lisenbee Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Worden Darren -- Fidelity National Title Co
The Clancy 1993 Family Trust $3,661,500 Fidelity National Title Co
Worden Darren $1,100,000 Commerce Title Company
Pnc Mortgage $1,080,000 Accommodation
Hockings Jeffrey M -- Fidelity Natl Title Ins Co
Hockings Traci A -- Fidelity Natl Title Ins Co
Hockings Traci A $1,300,000 Fidelity Natl Title Ins Co
Lisenbee Cathy J -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hockings Traci A $3,087,500
Previous Owner Lisenbee Cathy J $690,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $3,661,000 -8.2% $552 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/04/2014 04/04/14 Price Changed $3,988,000 -3.3% $601 / Sq Ft
03/08/2014 03/08/14 Price Changed $4,125,000 -6.1% $622 / Sq Ft
12/19/2013 12/19/13 Price Changed $4,395,000 -4.4% $662 / Sq Ft
11/24/2013 11/24/13 For Sale $4,595,000 -- $693 / 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
2025 $54,824 $4,488,239 $1,570,881 $2,917,358
2023 $54,824 $4,313,957 $1,509,883 $2,804,074
2022 $52,545 $4,229,371 $1,480,278 $2,749,093
2021 $51,489 $4,146,443 $1,451,253 $2,695,190
2020 $50,506 $4,103,928 $1,436,373 $2,667,555
2019 $49,529 $4,023,459 $1,408,209 $2,615,250
2018 $48,577 $3,944,569 $1,380,599 $2,563,970
2017 $47,580 $3,867,226 $1,353,529 $2,513,697
2016 $46,407 $3,791,399 $1,326,990 $2,464,409
2015 $46,606 $3,734,451 $1,307,058 $2,427,393
2014 $34,764 $2,765,000 $867,000 $1,898,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213005748

California Desert Association of REALTORS®

APN: 634-370-005