NOT LISTED FOR SALE

Estimated Value: $515,000 - $723,000

2 Beds
2.5 Baths
1,794 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 28, 2012

Last sale price $237,300 $132 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,022/month

168 Days on Market

Highlights

  • Spa
  • Gated Community
  • Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Central Air

About This Home

As of February 2012

Property In Auction - Must see contemporary 2 bedroom 3 bath unit located in a quiet complex. This home has an open spacious concept plan and upgraded kitchen countertops. 2 story unit overs nice views of the surrounding mountains and close to downtown Palm Springs shopping and restaurants. Go to auction.com for details

Last Agent to Sell the Property

Daniel Bragg

Keller Williams Realty License #01702252 Listed on: 08/31/2011

Last Buyer's Agent

Daniel Bragg

Keller Williams Realty License #01702252 Listed on: 08/31/2011

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 2003

Lot Details

  • 1,742

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Split Level Home
  • Tar and Gravel Roof

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • 1,742 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 508088065

Community Details

Overview

  • 48 @ Arenas Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,806

Year Built

Built in 2003

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Levels: Two
  • Builders Tract Code: 48 @ Arenas
  • List Price per Sq Ft: 125.36
  • Lp Sp Ratio: 1.0551
  • View Type: Mountain(s)
  • Year Built: 2003
  • Listing I D: 21435745
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: 48 @ Arenas
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1794.00

Exterior Features

  • Roofing: Tar/Gravel
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Utilities

  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 390.00
  • Total Monthly Association Fees: 390.00
  • Unit Location: Split Level

Lot Info

  • Assessor Parcel Number: 508088065
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2011
Closed on
Feb 21, 2012
Sold by
The Bank Of New York Mellon
Bought by
The Entrust Group Inc
Seller's Agent
Daniel Bragg
Keller Williams Realty
Buyer's Agent
Daniel Bragg
Keller Williams Realty
List Price
$314,900
Sold Price
$237,300
Premium/Discount to List
-$77,600
-24.64%
Current Estimated Value
$608,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,144
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Farrow Raphael Geoff and Farrow Charles E
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 18, 2005
Sold by
Wells Donald P
Bought by
Farrow Raphael Geoff and Farrow Phd Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
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
The Entrust Group Inc $237,500 None Available
The Bank Of New York Mellon $280,575 Landsafe Default Inc
Farrow Raphael Geoff $500,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farrow Raphael Geoff $400,000
Previous Owner Wells Donald P $250,000
Previous Owner Wells Donald P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2012 02/28/12 Sold $237,300 0.0% $132 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
02/09/2012 02/09/12 Off Market $237,300 -- --
12/22/2011 12/22/11 Price Changed $224,900 -10.0% $125 / Sq Ft
11/29/2011 11/29/11 Price Changed $249,900 -5.7% $139 / Sq Ft
11/07/2011 11/07/11 Price Changed $264,900 -8.6% $148 / Sq Ft
10/14/2011 10/14/11 Price Changed $289,900 -5.6% $162 / Sq Ft
09/22/2011 09/22/11 Price Changed $307,028 -2.5% $171 / Sq Ft
09/01/2011 09/01/11 For Sale $314,900 +32.7% $176 / Sq Ft
08/31/2011 08/31/11 Off Market $237,300 -- --
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 $3,806 $298,044 $74,505 $223,539
2023 $3,806 $286,472 $71,613 $214,859
2022 $3,880 $280,856 $70,209 $210,647
2021 $3,805 $275,350 $68,833 $206,517
2020 $3,640 $272,528 $68,128 $204,400
2019 $3,580 $267,186 $66,793 $200,393
2018 $3,516 $261,948 $65,484 $196,464
2017 $3,468 $256,812 $64,200 $192,612
2016 $3,371 $251,778 $62,942 $188,836
2015 $3,232 $247,998 $61,998 $186,000
2014 $3,183 $243,142 $60,785 $182,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21435745

California Desert Association of REALTORS®

APN: 508-088-065