NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,214,000

3 Beds
2 Baths
2,027 Sq Ft
$456/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $500,000 $247 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,547/month

176 Days on Market

Highlights

  • In Ground Pool
  • Hacienda Architecture
  • Covered Patio or Porch
  • Mountain View
  • Den
  • Formal Dining Room

About This Home

As of February 2021

This Spanish style Fixer home is situated atop the much desired neighborhood of Magnesia Falls Cove. It features: 3 bedrooms, 2 baths, saltillo tile floors, Pool (currently empty) 2 car attached garage. Pool leak, roof leak, on septic currently needs to be connected to sewer and cracked slab. Home sold in as is condition with good bones.

Last Agent to Sell the Property

Roger Joles

HK Lane Real Estate License #01058338 Listed on: 08/27/2020

Last Buyer's Agent

Roger Joles

Bennion Deville Homes License #01058338

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,614

Year Built

  • Built in 1972

Lot Details

  • 0.41 Acre Lot
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Hacienda Architecture
  • Southwestern Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,027 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Schools

  • Rancho Mirage Elementary School
  • Nellie N. Coffman Middle School
  • Rancho Mirage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • Magnesia Falls Cove Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 684281002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,614

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Hacienda, Southwestern
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 320.18
  • Lp Sp Ratio: 0.7700
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water District
  • Year Built: 1972
  • Listing I D: 219048492
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Wood
  • Flooring: Spanish Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Formal Dining Room
  • Estimated Sq Ft: 2027.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Unknown
  • 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: On Street
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Quarterly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 25.00
  • Total Monthly Association Fees: 8.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684281002
  • Irrigation: Sprinkler System
  • Lot Acres: 0.4100
  • Lot Size: 17860.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Rancho Mirage
  • High School: Rancho Mirage
  • Junior Middle School: Nellie N. Coffman
  • Other Schools: Palm Valley School
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Jan 28, 2021
Sold by
Aguirre Lucy O and The Aguirre Family Trust
Bought by
Aguirre Ralph
Seller's Agent
Roger Joles
HK Lane Real Estate
Buyer's Agent
Roger Joles
Bennion Deville Homes
List Price
$649,000
Sold Price
$500,000
Premium/Discount to List
-$149,000
-22.96%
Current Estimated Value
$924,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,107
Avg. Annual Appreciation
14.12%
Original Mortgage
$449,900
Outstanding Balance
$401,467
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$522,640

Purchase Details

Listed on
Aug 27, 2020
Closed on
Jan 20, 2021
Sold by
Aguirre Ralph
Bought by
Maclas Griselda Patricia
Seller's Agent
Roger Joles
HK Lane Real Estate
Buyer's Agent
Roger Joles
Bennion Deville Homes
List Price
$649,000
Sold Price
$500,000
Premium/Discount to List
-$149,000
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,900
Outstanding Balance
$401,467
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$522,640

Purchase Details

Closed on
Oct 20, 2006
Sold by
Aguirre Patricia
Bought by
Aguirre Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 21, 2006
Sold by
Aguirre Fred O and Aguirre Lucy O
Bought by
Aguirre Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 20, 2005
Sold by
Aguirre Fred O and Aguirre Lucy O
Bought by
Aguirre Fred O and Aguirre Lucy O

Purchase Details

Closed on
May 25, 2005
Sold by
Aguirre Fred O and Aguirre Lucy O
Bought by
Aguirre Fred O and Aguirre Lucy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
1.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 24, 2005
Sold by
Aguirre Fred O and Aguirre Lucy O
Bought by
Aguirre Fred O and Aguirre Lucy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
1.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 22, 1996
Sold by
Aguirre Fred O and Aguirre Lucy O
Bought by
Aguirre Fred O and Aguirre Lucy O

Purchase Details

Closed on
Nov 6, 1995
Sold by
Federal National Mortgage Association
Bought by
Aguirre Fred O and Aguirre Lucy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1995
Sold by
Ealey K Drew
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
6.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Aguirre Ralph -- Chicago Title Company
Maclas Griselda Patricia $500,000 Chicago Title Company
Aguirre Ralph -- Commonwealth Land Title Co
Aguirre Ralph -- Commonwealth Land Title Co
Aguirre Fred O -- --
Aguirre Fred O -- Commonwealth Land Title Co
Aguirre Fred O -- Commonwealth Land Title Co
Aguirre Fred O -- --
Aguirre Fred O $110,000 Stewart Title
Federal National Mortgage Association $175,133 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maclas Griselda Patricia $449,900
Previous Owner Aguirre Ralph $540,000
Previous Owner Aguirre Ralph $540,000
Previous Owner Aguirre Fred O $412,500
Previous Owner Aguirre Fred O $106,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $500,000 -23.0% $247 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
08/27/2020 08/27/20 For Sale $649,000 -- $320 / 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 $7,614 $541,214 $162,364 $378,850
2024 $7,614 $530,603 $159,181 $371,422
2023 $7,664 $520,200 $156,060 $364,140
2022 $7,543 $510,000 $153,000 $357,000
2021 $3,977 $260,872 $76,718 $184,154
2020 $4,767 $258,198 $75,932 $182,266
2019 $4,054 $253,137 $74,444 $178,693
2018 $3,680 $248,175 $72,985 $175,190
2017 $3,633 $243,309 $71,554 $171,755
2016 $3,537 $238,539 $70,151 $168,388
2015 $3,411 $234,958 $69,099 $165,859
2014 $3,400 $230,358 $67,747 $162,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219048492

California Desert Association of REALTORS®

APN: 684-281-002