NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,352,000

3 Beds
3 Baths
3,088 Sq Ft
$755/mo HOA Fee

Last Sold February 05, 2013

Last sale price $558,000 $181 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,752/month

37 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Mountain View
  • Heated In Ground Pool
  • Gated Community
  • Golf Cart Garage

About This Home

As of February 2013

Open the doors of this wonderful CYPRESS POINT floorplan of 3088 sq ft & you are greeted with a delightful fusion of modern & elegant style for desert living. The design was created by the famed designer Stephen De Christopher Jr who blended the finest materials & fixtures to give this home a feel of unique luxury. The kitchen is magazine beautiful w/ high quality appliances & granite counters. The 3 bedrooms (2 master suites)& 3 baths are pure luxury. This home is absolutely fabulous w/ gallery lighting, stunning granite fireplace surround & automatic solar shades. Outside is a tropical paradise w/ private pool, flowing fountains & cascading waterfall. Two new A/C's, furnaces & water heaters. No contractors, no decisions, just move in. The Springs CC has private golf course, state of the art fitness center (part of HOA fee) & tennis facilities. This prime location in Rancho Mirage is located across from Eisenhower Medical & near the best shopping & fine dining the valley offers.

Last Agent to Sell the Property

Nancy Jones

Tarbell REALTORS Listed on: 12/26/2012

Last Buyer's Agent

Rebecca Pikus

HomeSmart Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1980

Lot Details

  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $755 Monthly HOA Fees

Home Design

  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 3,088 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Area
  • Den
  • Carpet
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Linen Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights

Parking

  • Attached Garage
  • Golf Cart Garage

Outdoor Features

  • Concrete Porch or Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Electronic Air Cleaner
  • Heated Spa
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 688110044

Community Details

Overview

  • Association fees include cable TV, insurance, security
  • 817 Units
  • The Springs Country Club Subdivision, Cypress Point Floorplan
  • On-Site Maintenance

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24 Hour Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,055

Year Built

Built in 1980

Lot Details

0

HOA Fees

$755 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Builder Model Name: Cypress Point
  • Builders Tract Code: The Springs C.C.
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Furnishings per inventory including some art work.
  • List Price per Sq Ft: 197.54
  • Lp Sp Ratio: 0.9148
  • Unit Total In Complex: 817
  • View Type: Mountain(s)
  • Year Built: 1980
  • Listing I D: 21467694
  • Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 989-1776
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Member Address: 45110 Club Dr., Ste. D, Indian Wells, CA 92210
  • Selling Member Fax: (760) 534-5888
  • Selling Office Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Selling Office Fax: (760) 269-3560
  • Land Type: Fee
  • Subdivision: The Springs Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas/Elec Dryer Hookup, Refrigerator, Trash Compactor, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Electronic Air Cleaner, High Ceilings (9 Ft+)
  • Flooring: Carpet
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Down, Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Linen Closet, Remodeled, Shower Stall
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Breakfast Room, Dining Area
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3088.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Slab
  • Roofing: Flat, Tar/Gravel, Tile
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community, Heated, Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Dual, Zoned
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Exterior Security Lights, Fire Alarm, Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Unit

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Insurance, Security
  • Association Amenities: Fitness Center, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 755.00
  • Total Monthly Association Fees: 755.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 688110044
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1000
  • Lot Description: Back Yard, Front Yard, Landscaped, Lawn, Level, Street Paved, Utilities Underground, Yard
  • Lot Size: 4356.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2012
Closed on
Jan 29, 2013
Sold by
Margolus David and Margolus Pamela
Bought by
Burger Lane W
Seller's Agent
Nancy Jones
Tarbell REALTORS
Buyer's Agent
Rebecca Pikus
HomeSmart Professionals
List Price
$610,000
Sold Price
$558,000
Premium/Discount to List
-$52,000
-8.52%
Current Estimated Value
$1,145,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,503
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jul 30, 2007
Sold by
Klein Frances G
Bought by
Margolus David and Margolus Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2006
Sold by
Still Michael
Bought by
Klein Frances G

Purchase Details

Closed on
Jun 9, 2003
Sold by
Moore Bradford L and Still Michael D
Bought by
Still Michael and Moore Bradford Leon

Purchase Details

Closed on
Jan 22, 2003
Sold by
The Provident Bank
Bought by
Moore Bradford L and Still Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2002
Sold by
Goldfine Brian David
Bought by
The Provident Bank

Purchase Details

Closed on
Dec 4, 2000
Sold by
Goldfine Brian David
Bought by
Ozar Lesly

Purchase Details

Closed on
Apr 7, 1999
Sold by
National City Bank Of Indiana
Bought by
Goldfine Brian David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1998
Sold by
Levin Lewis B and Levin Dorothy R
Bought by
Lasky Marven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1997
Sold by
Brent Philip E
Bought by
Levin Lewis B and Levin Dorothy R

Purchase Details

Closed on
Mar 24, 1995
Sold by
Hoffman Byron Ray
Bought by
Brent Philip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Burger Lane W $558,000 Orange Coast Title Co
Margolus David $1,050,000 Orange Coast Title Co
Klein Frances G $985,000 Orange Coast Title Co
Still Michael -- --
Moore Bradford L $310,000 --
The Provident Bank $300,000 Orange Coast Title
Ozar Lesly -- --
Goldfine Brian David $300,000 Orange Coast Title
Lasky Marven M $300,000 Orange Coast Title
Levin Lewis B $285,000 Old Republic Title Company
Brent Philip E $306,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margolus David $500,000
Previous Owner Moore Bradford L $69,000
Previous Owner Moore Bradford L $210,000
Previous Owner Goldfine Brian David $284,750
Previous Owner Goldfine Brian David $240,000
Previous Owner Lasky Marven M $240,000
Previous Owner Brent Philip E $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2013 02/05/13 Sold $558,000 -8.5% $181 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $610,000 -- $198 / 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 $9,055 $692,661 $173,161 $519,500
2023 $9,055 $665,766 $166,438 $499,328
2022 $8,960 $652,713 $163,175 $489,538
2021 $8,759 $639,916 $159,976 $479,940
2020 $8,312 $633,355 $158,336 $475,019
2019 $8,171 $620,937 $155,232 $465,705
2018 $8,022 $608,763 $152,189 $456,574
2017 $7,906 $596,827 $149,205 $447,622
2016 $7,679 $585,126 $146,280 $438,846
2015 $7,408 $576,339 $144,084 $432,255
2014 $7,352 $565,051 $141,262 $423,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21467694

California Desert Association of REALTORS®

APN: 688-110-044