NOT LISTED FOR SALE

Estimated Value: $6,451,574 - $7,468,000

4 Beds
3 Baths
6,478 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold October 03, 2021

Last sale price $4,950,000 $764 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $42,285/month

29 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Home Theater
  • Palm Desert High School Rated A
  • On Golf Course
  • Pebble Pool Finish

About This Home

As of October 2021

This custom home is a charismatic blend of upscale and casually sophisticated timeless design.The onyx and iron front gate opens to a large private courtyard with welcoming water feature. Once inside the clear glass front door, the dramatic high ceilings allow for generous views of fairway, lake and clubhouse. Formal living and family room share a see-through fireplace which lends a feeling of an open floor plan yet maintains distinction of private spaces. Every seat in the home theatre is a great seat and the entertainment wow-factor continues with the luxury of easy flow from interior to exterior living. So many extraordinary features in this 6478 Square foot home! Primary retreat with fireplace, reading niche and outside patio; luxurious bath; adjacent office with access to courtyard; fitness room; recently updated kitchen; wet bar with onyx detail; Adjacent two room casita with kitchenette and two garages holding total of three cars plus golf cart. Outdoor living spaces and terrific barbeque station. Live in the heart of the Valley at Toscana Country Club in Indian Wells. Furnishings available outside escrow

Last Agent to Sell the Property

Christina Bergsma

Equity Union License #01387704 Listed on: 08/19/2021

Equity Union

Last Buyer's Agent

Craig Chorpenning

Desert Sotheby's International Realty License #01887862

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,919

Year Built

  • Built in 2006

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • On Golf Course
  • Landscaped
  • Misting System
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 6,478 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • See Through Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Carpet
  • Prewired Security
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Range Hood
  • Kitchen Island
  • Marble Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bidet
  • Secondary bathroom tub or shower combo

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Outdoor Features

  • Fireplace in Patio
  • Casita
  • Built-In Barbecue

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district

Additional Features

  • Guest House
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 634360010

Community Details

Overview

  • Association fees include security
  • Toscana Country Club Subdivision
  • On-Site Maintenance

Amenities

  • Service Entrance

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,919

Year Built

Built in 2006

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Building Number Of Stories: 3
  • Building Style: Modern
  • List Price per Sq Ft: 771.84
  • Lp Sp Ratio: 0.9900
  • View Type: Golf Course, Water, Mountain(s), Lake
  • Water District Name: cvwd
  • Year Built: 2006
  • Listing I D: 219066453
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111., Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Toscana Country Club
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Patio, Master Bedroom, Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Wet Bar
  • Range Hood: Yes
  • Fireplace Features: See Through, Gas
  • Flooring: Carpet
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Shower & Tub, Double Vanity(s)
  • One Quarter Bathrooms: 2.00
  • Total Bathrooms: 6.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Remodeled, Pantry, Marble Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 6478.00

Exterior Features

  • Other Features: Barbeque Private, Service Entrance
  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Patio: Misters
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Waterfall, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Private
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Cooling Type: Air Conditioning, Zoned
  • Heating: Forced Air, Zoned
  • Security: 24 Hour Security, Prewired For Alarm, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 600.00
  • Total Monthly Association Fees: 600.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 634360010
  • Irrigation: Sprinkler System
  • Lot Description: Landscaped, Utilities Underground
  • Lot Location: Close to Clubhouse, Waterfront, On Golf Course
  • Lot Size: 18731.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Aug 27, 2021
Sold by
Farren Gerard and Farren Thelma
Bought by
Hoffman Marsha Dianne and Hoffman Revocable Trust
Seller's Agent
Christina Bergsma
Equity Union
Buyer's Agent
Craig Chorpenning
Desert Sotheby's International Realty
List Price
$5,000,000
Sold Price
$4,950,000
Premium/Discount to List
-$50,000
-1%
Current Estimated Value
$6,824,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,874,191
Avg. Annual Appreciation
7.79%
Original Mortgage
$2,000,000
Outstanding Balance
$1,815,737
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,841,189

Purchase Details

Listed on
Nov 16, 2019
Closed on
Oct 6, 2020
Sold by
Heath Richard W and Heath Jinger L
Bought by
Farren Gerard and Farren Thelma
Seller's Agent
Judith Hamilton
HK Lane Real Estate
Buyer's Agent
Christina Bergsma
Equity Union
List Price
$4,100,000
Sold Price
$3,800,000
Premium/Discount to List
-$300,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.09%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Friedman Karen
Bought by
Heath Richard W and Heath Jinger L

Purchase Details

Closed on
Nov 6, 2007
Sold by
Toscana Lot 192 Llc
Bought by
Friedman Jack and Friedman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2005
Sold by
Toscana Land Llc
Bought by
Toscana Lot 192 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,394,365
Interest Rate
5.65%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Hoffman Marsha Dianne $4,950,000 Equity Title Company
Farren Gerard $3,300,000 Guardian Title Company
Heath Richard W $2,700,000 Chicago Title Company
Friedman Jack $3,709,954 Chicago Title Company
Toscana Lot 192 Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Marsha Dianne $2,000,000
Previous Owner Friedman Jack $1,500,000
Previous Owner Friedman Jack $1,500,000
Previous Owner Toscana Lot 192 Llc $2,394,365
Closed Heath Richard W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2021 10/03/21 Sold $4,950,000 -1.0% $764 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $5,000,000 +31.6% $772 / Sq Ft
10/23/2020 10/23/20 Sold $3,800,000 -7.3% $587 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $4,100,000 +7.9% $633 / Sq Ft
08/05/2020 08/05/20 Off Market $3,800,000 -- --
08/04/2020 08/04/20 For Sale $4,100,000 +7.9% $633 / Sq Ft
08/01/2020 08/01/20 Off Market $3,800,000 -- --
07/01/2020 07/01/20 For Sale $4,100,000 +7.9% $633 / Sq Ft
06/19/2020 06/19/20 Off Market $3,800,000 -- --
11/16/2019 11/16/19 For Sale $4,100,000 -- $633 / 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 $63,919 $5,252,976 $1,838,543 $3,414,433
2023 $63,919 $5,048,999 $1,767,151 $3,281,848
2022 $61,369 $4,950,000 $1,732,501 $3,217,499
2021 $41,125 $3,300,000 $1,000,000 $2,300,000
2020 $39,089 $3,162,972 $1,107,037 $2,055,935
2019 $38,333 $3,100,954 $1,085,331 $2,015,623
2018 $37,597 $3,040,151 $1,064,051 $1,976,100
2017 $36,826 $2,980,541 $1,043,188 $1,937,353
2016 $35,920 $2,922,100 $1,022,734 $1,899,366
2015 $36,074 $2,878,210 $1,007,373 $1,870,837
2014 $34,209 $2,720,000 $952,000 $1,768,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219066453

California Desert Association of REALTORS®

APN: 634-360-010