NOT LISTED FOR SALE

531 Mesquite Hills Palm Desert, CA 92260

Estimated Value: $6,815,000 - $7,497,628

5 Beds
6 Baths
7,221 Sq Ft
$989/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $5,595,000 $775 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $44,145/month

112 Days on Market

About This Home

As of May 2014

Private gate opens to this Bali-inspired home with tropical lush landscaping.Large iron doors take you through a stone accented covered bridge transporting you past a waterfall that will take your breath away. Automated pocket glass sliders disappear showing off this home's casual indoor/outdoor living and taking advantage of mountain and waterfall views. Impressive mosaic glass accented fireplace, vaulted, wood-beamed ceiling, granite wet bar with drop-down tv for total entertainment.Open great room floor plan for perfect desert living. Chef's kitchen with granite wrap around island provides seating to visit while dinner is being prepared.Morning room offers cozy banquet seating with tv for coffee in the morning.Master retreat w/waterfall views and private patio for a tranquil backdrop to this romantic suite.Office located off the master suite w/handsome book shelved walls, flat screen tv and inspiring waterfall views. Media room w/96' tv, concession kitchen. Four guests suites

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 12/30/2013

Last Buyer's Agent

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 12/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
May 13, 2014
Sold by
Winchester Properties Llc
Bought by
Gober Robert D and Gober Karen
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Jacquie Burns
Bighorn Properties, Inc.
List Price
$5,995,000
Sold Price
$5,595,000
Premium/Discount to List
-$400,000
-6.67%
Total Days on Market
112
Current Estimated Value
$7,144,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,549,209
Avg. Annual Appreciation
2.12%
Original Mortgage
$2,895,000
Outstanding Balance
$2,242,074
Interest Rate
4.38%
Mortgage Type
Seller Take Back
Estimated Equity
$4,813,277

Purchase Details

Closed on
Jun 7, 2011
Sold by
531 Mesquite Hills Llc
Bought by
Winchester Properties Llc

Purchase Details

Closed on
Mar 14, 2005
Sold by
Hao James and Hao Lydia T
Bought by
531 Mesquite Hills Llc

Purchase Details

Closed on
Jun 9, 1999
Sold by
Bighorn Development Llc
Bought by
Hao James and Hao Lydia T
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gober Robert D -- Lawyers Title Insurance Corp
Winchester Properties Llc -- Lawyers Title
531 Mesquite Hills Llc -- Fidelity National Title Co
Hao James $525,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gober Robert D $2,895,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $5,595,000 -6.7% $775 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $5,995,000 0.0% $830 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $5,995,000 -- $830 / 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 $74,776 $5,950,213 $1,708,474 $4,241,739
2022 $71,834 $5,833,543 $1,674,975 $4,158,568
2021 $64,666 $5,719,161 $1,642,133 $4,077,028
2020 $69,063 $5,660,519 $1,625,295 $4,035,224
2019 $67,730 $5,549,529 $1,593,427 $3,956,102
2018 $66,426 $5,440,716 $1,562,185 $3,878,531
2017 $65,067 $5,334,036 $1,531,554 $3,802,482
2016 $63,458 $5,229,448 $1,501,524 $3,727,924
2015 $63,727 $5,150,899 $1,478,971 $3,671,928
2014 $58,017 $4,675,000 $1,048,000 $3,627,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jacquie Burns

    Bighorn Properties, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 213008749

California Desert Association of REALTORS®

APN: 771-380-002

California Riverside County Palm Desert 92260

531 Mesquite Hills, Palm Desert, CA

This home is located at 531 Mesquite Hills, Palm Desert, CA 92260 since 30 December 2013 and is currently estimated at $7,144,209, approximately $989 per square foot. This property was built in 2012. 531 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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