NOT LISTED FOR SALE

521 Mesquite Hills Palm Desert, CA 92260

Estimated Value: $6,282,000 - $8,407,048

4 Beds
5 Baths
7,604 Sq Ft
$992/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $6,600,000 $868 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $48,063/month

35 Days on Market

About This Home

As of February 2014

NEW CONSTRUCTION featuring dynamic contemporary architecture by Guy Dreier.The dramatic lines and intimate spaces define the spacious living, entertaining and conversations areas including the integration of the outdoor living room with pocket sliders.This south facing home with unobstructed views of The Canyons 13th fairway and Santa Rosa mountains makes this a very desirable location. The open floor plan allows for desert casual living.Master retreat is more than you can imagine with custom furnishings, separate lounging area in front of a romantic fire&ice fireplace w/flat-screen tv. The wood beam ceiling and quartzite accents give elegance and warmth and the pocket sliders open to reveal the mountain and golf course views and access to spa. Separate media room, office,two fully-appointed interior guest suites, and a private detached casita w/first class accommodations including a fireplace and morning bar. The gourmet kitchen and elegant dining room are perfect for entertaining.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 01/06/2014

Last Buyer's Agent

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 01/06/2014

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,021

Year Built

2013

Lot Details

0

HOA Fees

$735 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Single Family Or Apt: Single Family
  • Levels: Ground Level
  • Builders Tract Code: Bighorn Golf Club
  • Building Type: Attached
  • Year Built: 2013
  • Inclusions: All furnishings, audio/visual equipment, appliances per inventory.
  • Price Per Sq Ft: 953.45
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet
  • Fireplace Rooms: Living Room, Master Bedroom
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Total Bathrooms: 5.00
  • Laundry: Room
  • Living Area: 7604

Exterior Features

  • Spa: In Ground, Private
  • Pool: In Ground, Private
  • Pool: Yes
  • Spa Yn: Yes
  • View: Golf Course, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Total Parking: 3

Utilities

  • Security: 24 Hour
  • Cooling: Air Conditioning
  • Heating: Forced Air, Natural Gas
  • Sewer: In Connected and Paid

Condo/Co-op/Association

  • Fees Include: Cable TV, Trash
  • Assessments: 1
  • HOA Fee Frequency: Monthly
  • HOA Fees: 735.00

Lot Info

  • Assessor Parcel Number: 771390015
  • Lot Acreage: 0.7000
  • Lot Size Area: 30492

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 13, 2014
Sold by
Pacific View Estates Inc
Bought by
Rime Inc
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Jacquie Burns
Bighorn Properties, Inc.
List Price
$7,850,000
Sold Price
$6,600,000
Premium/Discount to List
-$1,250,000
-15.92%
Current Estimated Value
$7,543,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$943,349
Avg. Annual Appreciation
1.15%

Purchase Details

Closed on
Oct 19, 2012
Sold by
Rippee Jeffrey G
Bought by
Pacific View Estates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 9, 2007
Sold by
Sandler Richard V and Sandler Ellen L
Bought by
Rippee Jeffery G
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
Rime Inc -- Lawyers Title Company
Pacific View Estates Inc -- Fidelity National Title Co
Rippee Jeffery G -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific View Estates Inc $3,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2014 02/21/14 Sold $6,600,000 -9.0% $868 / Sq Ft
01/30/2014 01/30/14 Price Changed $7,250,000 -7.6% $953 / Sq Ft
01/06/2014 01/06/14 For Sale $7,850,000 -- $1,032 / 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 $88,021 $7,293,876 $2,552,854 $4,741,022
2023 $88,021 $7,010,648 $2,453,725 $4,556,923
2022 $84,565 $6,873,185 $2,405,613 $4,467,572
2021 $82,892 $6,738,418 $2,358,445 $4,379,973
2020 $81,303 $6,669,325 $2,334,263 $4,335,062
2019 $79,733 $6,538,555 $2,288,494 $4,250,061
2018 $78,197 $6,410,349 $2,243,622 $4,166,727
2017 $76,623 $6,284,657 $2,199,630 $4,085,027
2016 $74,756 $6,161,429 $2,156,500 $4,004,929
2015 $75,073 $6,068,880 $2,124,108 $3,944,772
2014 $79,265 $6,393,753 $2,513,753 $3,880,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jacquie Burns

    Bighorn Properties, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214000665

California Desert Association of REALTORS®

APN: 771-390-015

California Riverside County Palm Desert 92260

521 Mesquite Hills, Palm Desert, CA

This home is located at 521 Mesquite Hills, Palm Desert, CA 92260 since 06 January 2014 and is currently estimated at $7,543,349, approximately $992 per square foot. This property was built in 2013. 521 Mesquite Hills is a home located in Riverside County with nearby schools including Gerald R. Ford Elementary School, La Quinta Middle School, and Palm Desert High School.

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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