NOT LISTED FOR SALE

50550 Panorama Dr Morongo Valley, CA 92256

Estimated Value: $230,000 - $445,000

3 Beds
2 Baths
1,241 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $85,000 $68 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,851/month

34 Days on Market

Highlights

  • Barn
  • Corral
  • 5 Acre Lot
  • Horse Property
  • Panoramic View
  • Retreat

About This Home

As of January 2014

Unique hard to find horse property with 3 BR 2 BA on 5 acres. Nestled against the mountains with spectacular panoramic views. Enjoy the privacy and peaceful surroundings. Lots of trees and desert scape. This property is ideal for someone that wants a horse ranch with lots of room to roam. Includes barn, stable, corral, out buildings, 2 car gar. with attached hobby room with separate entrance and much more. Small apt. at barn area. Single car garage near corral. Step down living room, separate family room, and a private den with fireplace. Inside laundry area off kitchen. 2 Large kitchen pantries. There is unfinished remodeling in and around home. Assessor data shows this as a 2 BR 1 BA home, but additions have been made. Buyer to satisfy self as to sq. ft. and permits. Home needs updating and is a fixer. The possibilities are endless. Must see to appreciate. Located about 20 minutes from Palm Springs. Your private country retreat awaits!

Last Agent to Sell the Property

Debbie DiMaggio

License #01305388 Listed on: 12/10/2013

Last Buyer's Agent

Debbie DiMaggio

First Team Real Estate License #01305388

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 5 Acre Lot
  • Chain Link Fence

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • Mountain
  • Valley

Home Design

  • Ranch Property
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,241 Sq Ft Home
  • Brick Fireplace
  • Sliding Doors
  • Sunken Living Room
  • Den with Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Tank

Additional Features

  • Horse Property
  • Barn
  • Corral

Listing and Financial Details

  • Assessor Parcel Number 0581151020000

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: NA-DC510
  • List Price per Sq Ft: 80.50
  • Lp Sp Ratio: 0.8509
  • View Type: Mountain(s), Valley, Panoramic
  • Year Built: 1958
  • Listing I D: 213007458
  • Listing Member Address: 74855 Country Club Dr., Palm Desert, CA 92260
  • Listing Member Fax: (760) 946-7830
  • Listing Office Address: 74855 Country Club Dr., Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9970
  • Selling Office Address: 160 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4465
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Den
  • Interior Amenities: Sunken Living Room
  • Fireplace Features: Brick
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1241.00

Exterior Features

  • Other Structures: Barn(s), Corral(s)
  • Roofing: Composition, Shingle
  • Fencing: Chain Link
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 0581151020000
  • Lot Acres: 5.0000
  • Lot Description: Horse Property, Ranch
  • Lot Size: 217800.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Morongo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Fajardo Martin Alvarez and Fajardo Jesus O
Bought by
Alvarez Living Trust and Garibay
Current Estimated Value
$341,798

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jan 17, 2014
Sold by
Go America Llc
Bought by
Fajardo Jesus Ovier Alvarez and Fajardo Martin Alvarez
Seller's Agent
Debbie DiMaggio
Buyer's Agent
Debbie DiMaggio
First Team Real Estate
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$25,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 2013
Sold by
The Bank Of New York Mellon
Bought by
Go America Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Kelly Marsha M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 5, 2006
Sold by
Kelly Marsha M
Bought by
Kelly Marsha and The Marsha Minnick Kelly Trust

Purchase Details

Closed on
Nov 14, 2005
Sold by
Kelly Marsha M
Bought by
Kelly Marsha M

Purchase Details

Closed on
Jul 16, 2004
Sold by
Margaret Minnick Adams Revocable Living
Bought by
Kelly Marsha M

Purchase Details

Closed on
Apr 9, 1999
Sold by
Margaret Valeska Minnick Adams
Bought by
Revocab Adams Margaret Minnick and Revocab Margaret Minnick Adams
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Living Trust -- None Listed On Document
Fajardo Jesus Ovier Alvarez $85,000 Fidelity National Title Co
Go America Llc $59,000 None Available
The Bank Of New York Mellon $67,050 Landsafe National Default
Kelly Marsha -- None Available
Kelly Marsha M -- Southland Title Corporation
Kelly Marsha M -- --
Kelly Marsha M -- --
Revocab Adams Margaret Minnick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fajardo Jesus Ovier Alvarez $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2014 01/28/14 Sold $85,000 -14.9% $68 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $99,900 -- $80 / Sq Ft
Source: California Desert Association of REALTORS®

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 $1,098 $72,081 $25,499 $46,582
2024 $1,053 $70,668 $24,999 $45,669
2023 $1,032 $69,283 $24,509 $44,774
2022 $1,011 $67,924 $24,028 $43,896
2021 $998 $66,592 $23,557 $43,035
2020 $988 $65,909 $23,315 $42,594
2019 $970 $64,617 $22,858 $41,759
2018 $948 $63,350 $22,410 $40,940
2017 $937 $62,108 $21,971 $40,137
2016 $921 $60,890 $21,540 $39,350
2015 $826 $59,975 $21,216 $38,759
2014 $801 $128,466 $26,325 $102,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213007458

California Desert Association of REALTORS®

APN: 0581-151-02

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