Seller's Agent in 2021
Mike Patakas
Desert Sotheby's International Realty
(760) 808-5400
162 Total Sales
7 University Cir Rancho Mirage, CA 92270
Estimated Value: $1,525,000 - $2,347,000
5
Beds
5.5
Baths
4,010
Sq Ft
$456/Sq Ft
Est. Value
Highlights
- Guest House
- Pebble Pool Finish
- Gated Community
- James Earl Carter Elementary School Rated A-
- Casita
- Mountain View
About This Home
As of May 2021Centrally located in Rancho Mirage, this generously proportioned property has tremendous investment potential due to its desirable features. Situated on a south-facing lot over a third of an acre in size, the private residence has several notable features coveted by prospective homeowners: a sizable detached casita; a large backyard with pebbletec pool and spa; mountain vistas to the south and west; three garage spaces, and ample room to entertain inside and out. Additional attributes include: separated master suite with two walk-in closets; all guest bedrooms have ensuite bathrooms; ideal chef's kitchen capability; covered patio; open concept living, bar, and dining areas; large front courtyard area to redesign; golf putting area; elevated ceilings; a fixed leased solar power payment, and low monthly HOA dues. Ivy Leagues Estates is a quiet gated community nearby numerous dining and shopping options.
Last Agent to Sell the Property
Desert Sotheby's International Realty License #01264926 Listed on: 04/03/2021
Last Buyer's Agent
Blaine Cotton
Redfin Corporation License #02098800
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,329
Year Built
- Built in 2002
Lot Details
- 0.35 Acre Lot
- Home has North and South Exposure
- Sprinkler System
HOA Fees
- $295 Monthly HOA Fees
Home Design
- Mediterranean Architecture
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 4,010 Sq Ft Home
- 1-Story Property
- Bar
- Ceiling Fan
- Raised Hearth
- Shutters
- Living Room with Fireplace
- Dining Area
- Tile Flooring
- Mountain Views
- Granite Countertops
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
Parking
- 3 Car Attached Garage
- Garage Door Opener
Pool
- Pebble Pool Finish
- In Ground Pool
- In Ground Spa
- Outdoor Pool
Outdoor Features
- Covered Patio or Porch
- Casita
Utilities
- Forced Air Heating and Cooling System
- Property is located within a water district
Additional Features
- Solar owned by a third party
- Guest House
Listing and Financial Details
- Assessor Parcel Number 682060015
Community Details
Overview
- Ivy League Estates Subdivision
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2022
Sold by
Gatchell Jeffrey H
Bought by
Jeffrey H Gatchell Separate Property Trust
Current Estimated Value
Purchase Details
Listed on
Apr 3, 2021
Closed on
Apr 16, 2021
Sold by
Vann Kane Kenneth and Thomson Family Trust
Bought by
Gatchell Jeffrey H
Seller's Agent
Mike Patakas
Desert Sotheby's International Realty
Buyer's Agent
Blaine Cotton
Redfin Corporation
List Price
$1,100,000
Sold Price
$1,100,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$856,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2006
Sold by
Thomson Patricia W
Bought by
Thomson Patricia W
Purchase Details
Closed on
Sep 14, 2004
Sold by
Cendant Mobility Financial Corp
Bought by
Thomson Patricia W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,187
Interest Rate
5.74%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 11, 2004
Sold by
Feather William T and Feather Lisa A
Bought by
Cendant Mobility Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,187
Interest Rate
5.74%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 20, 2001
Sold by
Cokeley Kenneth C
Bought by
Feather William T and Feather Lisa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffrey H Gatchell Separate Property Trust | -- | None Listed On Document | |
| Gatchell Jeffrey H | $1,100,000 | Lawyers Title Company | |
| Thomson Patricia W | -- | Accommodation | |
| Thomson Patricia W | $1,100,000 | Equity Title Company | |
| Cendant Mobility Financial Corp | -- | Equity Title Company | |
| Feather William T | $658,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gatchell Jeffrey H | $856,000 | |
| Previous Owner | Thomson Patricia W | $573,187 | |
| Previous Owner | Feather William T | $383,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2021 05/24/21 | Sold | $1,100,000 | 0.0% | $274 / Sq Ft |
| 05/17/2021 05/17/21 | Pending | -- | -- | -- |
| 04/03/2021 04/03/21 | For Sale | $1,100,000 | -- | $274 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $15,329 | $1,190,673 | $162,364 | $1,028,309 |
| 2023 | $15,329 | $1,144,440 | $156,060 | $988,380 |
| 2022 | $14,569 | $1,122,000 | $153,000 | $969,000 |
| 2021 | $13,596 | $1,044,977 | $261,544 | $783,433 |
| 2020 | $12,154 | $933,016 | $233,522 | $699,494 |
| 2019 | $11,906 | $905,840 | $226,720 | $679,120 |
| 2018 | $11,395 | $871,000 | $218,000 | $653,000 |
| 2017 | $12,002 | $921,000 | $230,000 | $691,000 |
| 2016 | $11,876 | $921,000 | $230,000 | $691,000 |
| 2015 | $11,154 | $843,000 | $211,000 | $632,000 |
| 2014 | $11,789 | $889,000 | $222,000 | $667,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Patakas
-
Maria Patakas
M
Seller Co-Listing Agent in 2021
Maria Patakas
Desert Sotheby's International Realty
(760) 464-4650
105 Total Sales
-
Blaine Cotton
Buyer's Agent in 2021
Blaine Cotton
Redfin Corporation
(310) 487-1345
18 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219059915
APN: 682-060-015
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