NOT LISTED FOR SALE

5802 Olema Rd Yucca Valley, CA 92284

Estimated Value: $720,000 - $851,000

3 Beds
2 Baths
2,340 Sq Ft
$330/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $775,000 $331 Per Sq Ft

Current estimated payment $4,818/month

265 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Hilltop Location
  • All Bedrooms Downstairs
  • 4.74 Acre Lot
  • Hydromassage or Jetted Bathtub

About This Home

As of March 2023

Beautiful custom home located at the top of the private community of Shatin Heights above Western Hills Estates with unobstructed views of city lights and the Joshua Tree National Park Mountains. Property includes stunning boulders and 4.74 acres on two legal lots. Spacious 2,340 sf with 3 bedrooms and 2 baths with custom features throughout including oversized great room, tiled snail shower, fireplaces in great room and master bathroom, and dual cooling systems. The open floorpan and dining area are perfect for entertaining guests and family. Custom kitchen with ample cabinetry and upgrades. The attached 3 car garage is oversized and features additional storage cabinetry. Property also includes an outdoor shed for even more storage capacity. The shaded patio provides for indoor outdoor living while overlooking the best view in the basin. The additional lot of 2.64 acres is included to preserve you view. Lot APN: 0596-523-05-0000. Don't wait on this one call now!

Last Agent to Sell the Property

Faisal Alserri

Sharon Rose Realty, Inc. License #02053133 Listed on: 06/30/2022

Last Buyer's Agent

Madelaine LaVoie

Cherie Miller & Associates License #01005011

Cherie Miller & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 2003

Lot Details

  • 4.74 Acre Lot
  • Cul-De-Sac
  • Hilltop Location

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Hills
  • Valley

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Parking

  • 3 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Property is located within a water district
  • Septic Tank

Additional Features

  • Wrap Around Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 0596523040000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,355

Year Built

Built in 2003

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 352.56
  • Lp Sp Ratio: 0.9400
  • View Type: City Lights, Valley, Panoramic, Mountain(s), Hills, Desert
  • Water District Name: Hi-Desert Water District
  • Year Built: 2003
  • Listing I D: 219081268
  • Listing Member Address: 5424 Old Woman Springs Rd, Yucca Valley, CA 92284
  • Listing Office Address: 5424 Old Woman Springs Road, Yucca Valley, CA 92284
  • Listing Office Fax: (760) 365-7405
  • Selling Member Address: 1555 S Palm Canyon Dr Ste D104, Palm Springs, CA 92262
  • Selling Office Address: 1555 S Palm Canyon Dr Sre D104, Palm Springs, CA 92262
  • Selling Office Fax: (760) 369-1011
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite, Main Floor Master Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Tub With Jets, Shower Stall, Shower Over Tub, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Estimated Sq Ft: 2340.00

Exterior Features

  • Construction: Stucco
  • Roofing: Flat
  • Foundation: Slab
  • Patio: Covered, Wrap Around, Rock - Stone
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener, Side By Side, Guest, Oversized
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Evaporative Cooling, Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Annually

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 460.00
  • Total Monthly Association Fees: 38.00

Lot Info

  • Assessor Parcel Number: 0596523040000
  • Lot Acres: 4.7400
  • Lot Location: Cul-De-Sac, Hilltop, Hillside
  • Lot Size: 204732.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Mar 15, 2023
Sold by
Rodkin Sharon Rose
Bought by
Thomas Michael
Seller's Agent
Faisal Alserri
Sharon Rose Realty, Inc.
Buyer's Agent
Madelaine LaVoie
Cherie Miller & Associates
List Price
$1,500,000
Sold Price
$775,000
Premium/Discount to List
-$725,000
-48.33%
Current Estimated Value
$772,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,406
Avg. Annual Appreciation
-0.12%
Original Mortgage
$620,000
Outstanding Balance
$601,795
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$170,799

Purchase Details

Closed on
Mar 3, 2005
Sold by
Rodkin Sharon Rose
Bought by
Rodkin Murray A and Rodkin Sharon Rose

Purchase Details

Closed on
Oct 9, 2003
Sold by
Portnoy Sharon Rose
Bought by
Portnoy Sharon Rose and Rodkin Murray A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Re Group Development Inc
Bought by
Portnoy Sharon Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2002
Sold by
Allen Richard Lee
Bought by
Re Group Development Inc
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
Thomas Michael $775,000 Fidelity National Title
Rodkin Murray A -- --
Portnoy Sharon Rose -- --
Portnoy Sharon Rose $350,000 First American
Re Group Development Inc $24,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Michael $620,000
Previous Owner Portnoy Sharon Rose $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $775,000 -6.1% $331 / Sq Ft
02/23/2023 02/23/23 Price Changed $825,000 -2.9% $353 / Sq Ft
02/08/2023 02/08/23 Price Changed $850,000 -5.6% $363 / Sq Ft
01/25/2023 01/25/23 Price Changed $900,000 -5.3% $385 / Sq Ft
01/11/2023 01/11/23 Price Changed $950,000 -5.0% $406 / Sq Ft
12/29/2022 12/29/22 Price Changed $1,000,000 -4.8% $427 / Sq Ft
12/14/2022 12/14/22 Price Changed $1,050,000 -4.5% $449 / Sq Ft
11/30/2022 11/30/22 Price Changed $1,100,000 -4.3% $470 / Sq Ft
11/11/2022 11/11/22 Price Changed $1,150,000 -4.2% $491 / Sq Ft
10/27/2022 10/27/22 Price Changed $1,200,000 -4.0% $513 / Sq Ft
09/29/2022 09/29/22 Price Changed $1,250,000 -3.8% $534 / Sq Ft
09/19/2022 09/19/22 Price Changed $1,300,000 -3.7% $556 / Sq Ft
09/06/2022 09/06/22 Price Changed $1,350,000 -3.6% $577 / Sq Ft
08/23/2022 08/23/22 Price Changed $1,400,000 -6.7% $598 / Sq Ft
06/30/2022 06/30/22 For Sale $1,500,000 -- $641 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $8,355 $660,654 $182,070 $478,584
2024 $8,355 $647,700 $178,500 $469,200
2023 $5,932 $478,305 $47,830 $430,475
2022 $5,671 $468,926 $46,892 $422,034
2021 $5,393 $459,732 $45,973 $413,759
2020 $5,475 $438,000 $109,500 $328,500
2019 $5,393 $417,200 $104,300 $312,900
2018 $5,239 $417,200 $104,300 $312,900
2017 $4,823 $388,100 $97,000 $291,100
2016 $4,553 $366,100 $91,500 $274,600
2015 $4,343 $352,000 $88,000 $264,000
2014 $3,934 $316,000 $79,000 $237,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219081268

Greater Palm Springs Multiple Listing Service

APN: 0596-523-04