NOT LISTED FOR SALE

5 Cassis Cir Rancho Mirage, CA 92270

Estimated Value: $1,833,000 - $2,349,000

4 Beds
4.5 Baths
4,322 Sq Ft
$463/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $1,292,583 $299 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,546/month

Highlights

  • Attached Guest House
  • Panoramic View
  • Gas Log Fireplace
  • Pebble Pool Finish
  • 3 Car Attached Garage

About This Home

As of April 2014

.

Last Agent to Sell the Property

Tracy Cosgrove

Capitis Real Estate License #01368267 Listed on: 02/01/2014

Last Buyer's Agent

DENNIS MAY

Dennis May License #00405683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,846

Year Built

  • Built in 2014

Lot Details

  • 0.37

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,322 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Panoramic Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Pebble Pool Finish
  • Spa

Additional Features

  • 0.37 Acre Lot
  • Attached Guest House

Community Details

  • Escala Subdivision

Listing and Financial Details

  • Assessor Parcel Number 685140003
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,846

Year Built

Built in 2014

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Escala
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 268.03
  • Lp Sp Ratio: 1.1158
  • View Type: Panoramic
  • Year Built: 2014
  • Listing I D: 214004501
  • Listing Office Address: 70227 Hwy 111, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 777-9091
  • Selling Office Address: 917 Manhattan Beach Blvd., Manhattan Beach, CA 90266
  • Land Type: Fee
  • Subdivision: Escala
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 4322.00

Exterior Features

  • Other Structures: Guest House Attached
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Pebble
  • Spa Hot Tub: Yes
  • View: Yes

Garage/Parking

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

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 258.00
  • Total Monthly Association Fees: 258.00

Lot Info

  • Assessor Parcel Number: 685140003
  • Lot Acres: 0.3700
  • Lot Size: 16117.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2015
Sold by
May Mary D
Bought by
May Mary D and The Mary Lombardo Trust
Current Estimated Value
$1,999,758

Purchase Details

Listed on
Feb 1, 2014
Closed on
Mar 5, 2014
Sold by
Toll Ca Vi Lp
Bought by
May Mary D and Mary Lombardo Trust
Seller's Agent
Tracy Cosgrove
Capitis Real Estate
Buyer's Agent
DENNIS MAY
Dennis May
List Price
$1,158,434
Sold Price
$1,292,583
Premium/Discount to List
$134,149
11.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$700,000
Interest Rate
3.27%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2012
Sold by
Hotel Majestic Llc
Bought by
Kw Copeland Llc

Purchase Details

Closed on
Apr 15, 2011
Sold by
Hotel Majestic Llc
Bought by
Toll Ca Vi Lp

Purchase Details

Closed on
Jan 17, 2011
Sold by
Gha Paloma Group Iii Llc
Bought by
Hotel Majestic Llc
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
May Mary D -- None Available
May Mary D $1,161,000 None Available
Kw Copeland Llc -- Chicago Title Company
Toll Ca Vi Lp -- Chicago Title Company
Hotel Majestic Llc $1,475,830 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Mary D $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2014 04/02/14 Sold $1,292,583 +11.6% $299 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $1,158,434 -- $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
2025 $21,846 $1,699,868 $460,391 $1,239,477
2023 $21,846 $1,367,727 $410,030 $957,697
2022 $18,189 $1,340,910 $401,991 $938,919
2021 $17,797 $1,314,618 $394,109 $920,509
2020 $16,917 $1,301,139 $390,068 $911,071
2019 $16,710 $1,275,627 $382,420 $893,207
2018 $16,315 $1,250,616 $374,923 $875,693
2017 $16,111 $1,226,095 $367,572 $858,523
2016 $15,598 $1,202,055 $360,365 $841,690
2015 $15,109 $1,184,001 $354,953 $829,048
2014 $8,304 $613,015 $133,015 $480,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214004501

California Desert Association of REALTORS®

APN: 685-140-003