NOT LISTED FOR SALE

Estimated Value: $1,218,000 - $1,473,000

5 Beds
4.5 Baths
5,109 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $1,130,000 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,638/month

9 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Fireplace in Primary Bedroom
  • Casita
  • Mountain View
  • Retreat

About This Home

As of March 2022

For lease. Large estate style home in the central part of Rancho Mirage. Located directly across the street from the new Disney Development. 5 bedrooms and 5 Bathrooms over 5,000 SF! Best lease value in Rancho Mirage. Large resort style yard and pool.

Last Agent to Sell the Property

Amie Arbid

BHG Desert Lifestyle Properties License #01280377 Listed on: 02/23/2022

Last Buyer's Agent

David Whitworth

Compass License #01908154

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,769

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • West Facing Home
  • Block Wall Fence

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,109 Sq Ft Home
  • 2-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Double Door Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Bonus Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Breakfast Room
  • Walk-In Pantry
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Secondary bathroom tub or shower combo

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Casita
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 685160033

Community Details

Overview

  • Versailles Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,769

Year Built

Built in 2005

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: Two
  • Building Number Of Stories: 2
  • Building Style: Traditional
  • Entry Floor: 1
  • Entry Location: Foyer
  • List Price per Sq Ft: 215.31
  • Lp Sp Ratio: 1.0300
  • View Type: Mountain(s)
  • Year Built: 2005
  • Listing I D: 219074420
  • Listing Office Address: 73260 El Paseo Dr, Ste 3A, Palm Desert, CA 92260
  • Selling Member Address: 830 N Palm Canyon, Palm Springs, CA 92262
  • Selling Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Selling Office Fax: (760) 820-2629
  • Land Type: Fee
  • Subdivision: Versailles
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: Bar, Vaulted Ceiling(s)
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: Main Floor Bedroom, Walk In Closet, Master Retreat
  • Total Bedrooms: 5
  • Bathroom Features: Bidet, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room, Dining Area, Breakfast Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 5109.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Patio: Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Covered, Direct Entrance
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 245.00
  • Total Monthly Association Fees: 245.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 685160033
  • Lot Size: 16117.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
May 25, 2017
Sold by
Saavedra Pedro Luis
Bought by
Holt Mark M and Holt Luanne B
Seller's Agent
Jane Comelli
Bennion Deville Homes
Buyer's Agent
Eddie Sanin
Desert Gate Real Estate
List Price
$799,900
Sold Price
$747,500
Premium/Discount to List
-$52,400
-6.55%
Current Estimated Value
$1,352,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,016
Avg. Annual Appreciation
7.35%
Original Mortgage
$710,125
Outstanding Balance
$588,111
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$764,405

Purchase Details

Closed on
Aug 15, 2016
Sold by
Saavedra Pedro Luis
Bought by
Saavedra Pedro Luis and Pedro Luis Saavedra 2016 Family Trust

Purchase Details

Closed on
Feb 24, 2011
Sold by
Wells Fargo Bank Na
Bought by
Saavedra Pedro Luis and Savoie Gordon Paul

Purchase Details

Closed on
Mar 9, 2005
Sold by
Peter Solomon Inc
Bought by
Jones Matthew W and Jones Robin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,253
Interest Rate
4.88%
Mortgage Type
Negative Amortization
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
Holt Mark M $747,727 Orange Coast Title Co
Saavedra Pedro Luis -- None Available
Saavedra Pedro Luis $702,000 Orange Coast Title
Jones Matthew W $945,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Mark M $710,125
Previous Owner Jones Matthew W $756,253
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Rented $6,000 -7.7% --
02/22/2023 02/22/23 For Rent $6,500 0.0% --
03/23/2022 03/23/22 Sold $1,130,000 +2.7% $221 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,100,000 +47.2% $215 / Sq Ft
06/20/2017 06/20/17 Sold $747,500 -6.6% $146 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $799,900 0.0% $157 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/22/2017 01/22/17 For Sale $799,900 -- $157 / 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 $15,769 $1,199,163 $99,487 $1,099,676
2023 $15,769 $1,152,600 $95,625 $1,056,975
2022 $11,469 $817,499 $174,983 $642,516
2021 $11,412 $801,470 $171,552 $629,918
2020 $13,241 $793,252 $169,793 $623,459
2019 $10,597 $777,699 $166,464 $611,235
2018 $10,320 $762,450 $163,200 $599,250
2017 $10,551 $774,935 $193,732 $581,203
2016 $10,212 $759,741 $189,934 $569,807
2015 $9,883 $748,331 $187,082 $561,249
2014 $9,851 $733,674 $183,418 $550,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219074420

California Desert Association of REALTORS®

APN: 685-160-033