NOT LISTED FOR SALE

524 Mesquite Hill Palm Desert, CA 92260

Estimated Value: $6,280,000 - $7,080,000

5 Beds
7 Baths
7,438 Sq Ft
$883/Sq Ft Est. Value

About This Home

This home is located at 524 Mesquite Hill, Palm Desert, CA 92260 and is currently estimated at $6,570,592, approximately $883 per square foot. 524 Mesquite Hill 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2021
Sold by
Zander Edward J and Zander Mona L
Bought by
Scerri Christopher M and Scerri Jessica L
Current Estimated Value
$6,570,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,718,413
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$3,492,096

Purchase Details

Closed on
Apr 10, 2000
Sold by
Parnel Investments Llc
Bought by
Zander Edward J and Zander Mona L

Purchase Details

Closed on
Jan 21, 1999
Sold by
Bighorn Development Llc
Bought by
Parnel Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,500
Interest Rate
6.73%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Scerri Christopher M $4,825,000 Lawyers Title Company
Zander Edward J $3,995,000 Chicago Title Co
Parnel Investment Llc $635,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scerri Christopher M $3,000,000
Previous Owner Parnel Investment Llc $2,200,000
Previous Owner Parnel Investment Llc $317,500
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 $63,157 $5,019,930 $1,690,650 $3,329,280
2022 $60,666 $5,454,296 $1,303,493 $4,150,803
2021 $65,858 $5,347,350 $1,277,935 $4,069,415
2020 $64,598 $5,292,521 $1,264,832 $4,027,689
2019 $63,352 $5,188,747 $1,240,032 $3,948,715
2018 $62,132 $5,087,008 $1,215,719 $3,871,289
2017 $60,861 $4,987,264 $1,191,882 $3,795,382
2016 $59,357 $4,889,475 $1,168,512 $3,720,963
2015 $59,608 $4,816,033 $1,150,961 $3,665,072
2014 $58,593 $4,721,695 $1,128,416 $3,593,279
Source: Public Records

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