NOT LISTED FOR SALE

5 Picasso Ct Rancho Mirage, CA 92270

Estimated Value: $744,000 - $974,000

3 Beds
3 Baths
2,314 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $515,000 $223 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,174/month

167 Days on Market

About This Home

As of March 2019

NEWLY IMPROVED PRICE on this beautiful and tranquil home, situated on a cul de sac in Versailles, with all of the extras you are looking for -- solar panels paid for (not leased), lower electric bills on IID, salt water pool/spa, tile throughout, California Closet systems, custom plantation shutters, and more! This 3 bedroom, 3 full-bath single-story home has a master retreat, another bedroom with its own en suite, a separate laundry room with a sink, extra high ceilings throughout, a low-maintenance backyard, and a large covered patio with access to your private pool/spa with some mountain views! Versailles is a gated community that offers tennis courts and provides you with easy access to everything in Rancho Mirage, and throughout the desert that you want to enjoy!

Last Agent to Sell the Property

Thomas Lister-Looker

Bennion Deville Homes License #01920611 Listed on: 09/19/2018

Bennion Deville Homes

Last Buyer's Agent

George Lopez

Berkshire Hathaway Home Srvcs

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,076

Year Built

2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Style: Contemporary
  • Levels: Ground Level
  • Entry Location: Ground Level - no steps
  • Builders Tract Code: 3230
  • Building Type: Detached
  • Planned Urban Dev: 1
  • Year Built: 2005
  • Price Per Sq Ft: 215.64
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Fireplace: Yes
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Solar Panels, Trash Compactor, Washer
  • Flooring: Tile
  • Fireplace Rooms: Gas, Living Room
  • Interior Amenities: Detached/No Common Walls, High Ceilings (9 Feet+)
  • Appliances: Microwave
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • Bedrooms: 3
  • Full Bathroom: 3
  • Bathroom Features: Double Vanity(s), Shower and Tub, Shower Stall
  • Total Bathrooms: 3.00
  • Laundry: Laundry Area, Room
  • Living Area: 2314

Exterior Features

  • Spa: Heated
  • Pool: Heated, In Ground, Private, Salt/Saline
  • Pool: Yes
  • Other Features: French Doors, Sliding Glass Doors, Sprinkler System
  • Tennis Court: Community
  • Fence: Block Wall
  • Spa Yn: Yes
  • Stories: 1
  • View: Mountains, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Details: Attached, Driveway - Concrete, Garage - 2 Car, Garage Is Attached
  • Garage Spaces: 2
  • Other Spaces: 2
  • Total Parking: 4
  • Covered Parking: 2

Utilities

  • Sprinklers: Sprinkler System
  • Water Heater: Central Water Heater, Gas
  • Security: Card/Code Access, Gated, Smoke Detector
  • Cooling: Air Conditioning, Ceiling Fan, Central, Dual, Multi/Zone
  • Heating: Central, Forced Air
  • Water: District, In Street, Water District

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 210.00
  • Complex Name: Versailles
  • HOA: Yes
  • Amenities: Assoc Pet Rules, Controlled Access, Gated Community, Tennis Courts

Association/Amenities

  • Pet Rules: Assoc Pet Rules

Lot Info

  • Lot Location: Cul-De-Sac
  • Assessor Parcel Number: 685-180-043
  • Lot Size Area: 9583
  • Lot Description: Gated Community

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2018
Closed on
Mar 12, 2019
Sold by
Goodman Matthew Q
Bought by
Masona James P and Masona Sandy L
Seller's Agent
Thomas Lister-Looker
Bennion Deville Homes
Buyer's Agent
George Lopez
Berkshire Hathaway Home Srvcs
List Price
$625,000
Sold Price
$515,000
Premium/Discount to List
-$110,000
-17.6%
Current Estimated Value
$859,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,941
Avg. Annual Appreciation
8.09%
Original Mortgage
$463,500
Outstanding Balance
$406,665
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$453,276

Purchase Details

Closed on
Jan 21, 2014
Sold by
Goodman Matthew Q and Johnson Donald A
Bought by
Goodman Matthew Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,329
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2012
Sold by
Goodman Matthew Q
Bought by
Goodman Matthew Q and Johnson Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Peter Solomon Inc
Bought by
Goodman Matthew Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Masona James P $515,000 Lawyers Title
Goodman Matthew Q -- First American Title Company
Goodman Matthew Q -- First American Title Company
Goodman Matthew Q -- Orange Coast Title San Berna
Peter Solomon Inc -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masona James P $463,500
Previous Owner Goodman Matthew Q $328,329
Previous Owner Goodman Matthew Q $340,000
Previous Owner Goodman Matthew Q $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $515,000 +3.2% $223 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/27/2019 02/27/19 Price Changed $499,000 -20.2% $216 / Sq Ft
09/19/2018 09/19/18 For Sale $625,000 -- $270 / 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 $8,076 $574,487 $104,577 $469,910
2023 $8,076 $552,181 $100,517 $451,664
2022 $7,875 $541,355 $98,547 $442,808
2021 $7,699 $530,741 $96,615 $434,126
2020 $7,362 $525,300 $95,625 $429,675
2019 $7,647 $540,800 $135,200 $405,600
2018 $7,300 $520,000 $130,000 $390,000
2017 $7,698 $547,000 $137,000 $410,000
2016 $7,095 $508,000 $127,000 $381,000
2015 $6,852 $498,000 $124,000 $374,000
2014 $7,038 $504,000 $126,000 $378,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Thomas Lister-Looker

    Bennion Deville Homes

    Section Image

  • G

    Buyer's Agent in 2019

    George Lopez

    Berkshire Hathaway Home Srvcs

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 18-387362

California Desert Association of REALTORS®

APN: 685-180-043

California Riverside County Rancho Mirage 92270

5 Picasso Ct, Rancho Mirage, CA

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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