NOT LISTED FOR SALE

Estimated Value: $488,000 - $549,822

3 Beds
3 Baths
2,236 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 505 Desert Falls Dr N, Palm Desert, CA 92211 and is currently estimated at $520,456, approximately $232 per square foot. 505 Desert Falls Dr N is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Mihm Benjamin M
Bought by
Benjamin M Mihm Revocable Trust and Mihm
Current Estimated Value
$520,456

Purchase Details

Closed on
Apr 14, 2021
Sold by
Mihm Benjamin Martin
Bought by
Mihm Benjamin M and Mihm Michele R

Purchase Details

Closed on
Jan 13, 2021
Sold by
Albo Robert James and Albo Marjorie Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Mihm Michele
Bought by
Mihm Benjamin Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2020
Sold by
Mihm Michelle
Bought by
Mihm Benjamin Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2020
Sold by
Robert & Marjorie Albo Trust and Robert & Marjorie Albo Trust
Bought by
Mihm Benjamin Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2009
Sold by
Albo Family Limited Partnership
Bought by
Albo Robert J and Albo Marjorie S

Purchase Details

Closed on
Apr 26, 2005
Sold by
Sutherland Charles and Sutherland Dale
Bought by
Albo Family Lp

Purchase Details

Closed on
Feb 12, 2002
Sold by
Sorenson Stanley D and Sorenson Darlene L
Bought by
Sutherland Charles and Sutherland Dale

Purchase Details

Closed on
Mar 5, 1999
Sold by
Warren Lemmon Guy and Warren Garret Lemmon
Bought by
Sorenson Stanley D and Sorenson Darlene L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Benjamin M Mihm Revocable Trust -- None Listed On Document
Mihm Benjamin M -- None Listed On Document
Mihm Benjamin M -- Accommodation
-- -- --
Mihm Benjamin Martin -- Lawyers Title Ie
Mihm Benjamin Martin -- Lawyers Title
Mihm Benjamin Martin $352,000 Lawyers Title
Albo Robert J -- None Available
Albo Family Lp $600,000 Fidelity National Title Ins
Sutherland Charles $310,000 Stewart Title
Sorenson Stanley D $267,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mihm Benjamin Martin $280,000
Source: Public Records

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 $5,252 $366,220 $54,621 $311,599
2022 $4,934 $359,040 $53,550 $305,490
2021 $4,803 $352,000 $52,500 $299,500
2020 $5,744 $432,765 $144,612 $288,153
2019 $5,589 $420,160 $140,400 $279,760
2018 $5,392 $404,000 $135,000 $269,000
2017 $5,176 $387,000 $129,000 $258,000
2016 $5,325 $402,000 $134,000 $268,000
2015 $5,179 $383,000 $128,000 $255,000
2014 $5,062 $381,000 $127,000 $254,000
Source: Public Records

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