NOT LISTED FOR SALE

524 Mesquite Hills 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

Last Sold January 27, 2021

Last sale price $4,825,000 $649 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $43,127/month

358 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Golf Course View
  • Gerald R. Ford Elementary School Rated A-
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of January 2021

You don't want to miss this private, gated estate with endless views. The welcoming interior foyer introduces a sophisticated and comfortable design with a vaulted wood-ceiling in the living room and casual seating surrounding the beautiful masonry fireplace and a sit-down wet bar. All while enjoying unobstructed views of golf and the surrounding mountains. Entertaining is a breeze with the gourmet kitchen. An open family room with access to the kitchen. The pocket sliders bring the outdoors in an provide seamless transition to the outdoor living room and showcase the views beyond.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 01/17/2020

Last Buyer's Agent

GPS Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,157

Year Built

  • Built in 2000

Lot Details

  • 0.51

HOA Fees

  • $1,085 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 7,438 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Gym
  • Golf Course Views

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Outdoor Fireplace
  • 0.51 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 771390006

Community Details

Overview

  • Bighorn Golf Club Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,157

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Building Number Of Stories: 4
  • Included In Sale: Furnishings per inventory.
  • List Price per Sq Ft: 652.06
  • Lp Sp Ratio: 0.9900
  • View Type: Golf Course
  • Year Built: 2000
  • Listing I D: 219037093
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8213
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Office Address: 4045 E Ramon Rd, Palm Springs, CA 92264
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Family Room, Living Room, Master Bedroom
  • Fireplace Features: Gas
  • Flooring: Carpet, Stone Tile
  • Total Bedrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Estimated Sq Ft: 7438.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 1085.00
  • Total Monthly Association Fees: 1085.00

Lot Info

  • Assessor Parcel Number: 771390006
  • Lot Acres: 0.5100
  • Lot Size: 22216.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Jan 2, 2021
Sold by
Zander Edward J and Zander Mona L
Bought by
Scerri Christopher M and Scerri Jessica L
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
GPS Non Member
Non Member Office
List Price
$5,375,000
Sold Price
$4,825,000
Premium/Discount to List
-$550,000
-10.23%
Total Days on Market
358
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.
Estimated Appreciation
$1,745,592
Avg. Annual Appreciation
5.99%
Original Mortgage
$3,000,000
Outstanding Balance
$2,706,255
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$3,504,254

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

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Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $4,825,000 -10.2% $649 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
01/17/2020 01/17/20 For Sale $5,375,000 -- $723 / 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
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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jacquie Burns

    Bighorn Properties, Inc.

    (800) 551-5578

    68 Total Sales

    Jacquie Burns
    Section Image

  • G

    Buyer's Agent in 2021

    GPS Non Member

    Non Member Office

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219037093

California Desert Association of REALTORS®

APN: 771-390-006

California Riverside County Palm Desert 92260

524 Mesquite Hills, Palm Desert, CA

This home is located at 524 Mesquite Hills, Palm Desert, CA 92260 since 17 January 2020 and is currently estimated at $6,570,592, approximately $883 per square foot. This property was built in 2000. 524 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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