NOT LISTED FOR SALE

71339 Sahara Rd Rancho Mirage, CA 92270

Estimated Value: $973,000 - $1,930,000

5 Beds
4.5 Baths
2,681 Sq Ft
$486/Sq Ft Est. Value

Last Sold November 24, 2014

Last sale price $500,000 $186 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $7,799/month

Highlights

  • Golf Course Community
  • Desert View
  • Laundry Room
  • In Ground Pool
  • No HOA
  • Central Air

About This Home

As of February 2018

Retreat to the desert in style in this luxurious Rancho Mirage estate home! Everything is newly upgraded and brand new...massive backyard with heated pool and spa and panoramic mountain views!

Located conveniently off Highway 111 but nestled away in the highly desirable Magnesia Falls neighborhood, you will experience the peace and tranquility of the desert while just being minutes away from The River, El Paseo, countless golf courses and downtown Palm Springs.

Last Agent to Rent the Property

Damien Melle

MODERN REAL ESTATE SHOP License #01382073 Listed on: 11/14/2017

Last Renter's Agent

Dene Crayton

Modern Real Estate Shop License #01382073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,452

Year Built

  • Built in 1991

Lot Details

  • 0.55 Acre Lot
  • Back and Front Yard
  • Property is zoned ESF

Parking

  • 2 Car Garage

Interior Spaces

  • 2,681 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Living Room with Fireplace
  • Desert Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Additional Features

  • In Ground Pool
  • Central Air

Listing and Financial Details

  • Security Deposit $7,000
  • 12-Month Minimum Lease Term
  • Available 11/14/17
  • Tax Lot 34
  • Tax Tract Number 3434
  • Assessor Parcel Number 684210004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,452

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-11-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 200
  • Deposit Security: 7000
  • Furnished: Furnished Or Unfurnished
  • Pets Allowed: Breed Restrictions, Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rancho Mirage C.C. (32169)
  • View: Yes
  • Zoning: ESF
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 684210004
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2681.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1.68
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Desert
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 23958.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 451.03
  • Tax Lot: 34
  • Tax Tract Number: 3434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2018
Sold by
Matsuhara Glenn H
Bought by
Matsuhara Glenn H and Glenn H Matsuhara Trust
Current Estimated Value
$1,302,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 11, 2013
Closed on
Nov 5, 2014
Sold by
Simons Larry D and Groves Michael K
Bought by
Matsuhara Glenn H
Seller's Agent
Joan MacPherson
Bennion Deville Homes
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$569,000
Sold Price
$500,000
Premium/Discount to List
-$69,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Aug 1, 2014
Sold by
Dela Cruz Terry Lee and Matsuhara Terry Lee
Bought by
Matsuhara Glenn H

Purchase Details

Closed on
Feb 9, 2007
Sold by
Groves Michael K and Groves Tracie L
Bought by
Groves Michael K and Groves Tracie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Groves Michael K
Bought by
Groves Michael K and Groves Tracie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.86%

Purchase Details

Closed on
Oct 8, 2001
Sold by
Groves Michael K
Bought by
Groves Michael K

Purchase Details

Closed on
Mar 23, 1998
Sold by
Swade George F and Swade Judith J
Bought by
Groves Mira A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.18%
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
Matsuhara Glenn H -- Old Republic Title Company
Matsuhara Glenn H $500,000 Lawyers Title Company
Matsuhara Glenn H -- Lawyers Title Company
Groves Michael K -- Fidelity Natl Title Ins Co
Groves Michael K -- Southland Title Corporation
Groves Michael K -- --
Groves Mira A $250,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn H Matsuhara Trust $500,000
Closed Matsuhara Glenn H $474,000
Closed Matsuhara Glenn H $185,000
Closed Matsuhara Glenn H $250,000
Previous Owner Grove Michael $100,000
Previous Owner Groves Michael K $340,000
Previous Owner Groves Michael K $48,500
Previous Owner Groves Michael K $260,000
Previous Owner Groves Michael K $40,000
Previous Owner Groves Michael K $188,000
Previous Owner Groves Michael K $15,000
Previous Owner Groves Michael K $170,000
Previous Owner Groves Mira A $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Rented $4,500 -35.7% --
11/14/2017 11/14/17 For Rent $7,000 0.0% --
11/24/2014 11/24/14 Sold $500,000 0.0% $200 / Sq Ft
10/03/2014 10/03/14 Off Market $500,000 -- --
09/11/2013 09/11/13 For Sale $569,000 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,452 $609,200 $180,271 $428,929
2023 $8,452 $585,546 $173,272 $412,274
2022 $8,058 $574,066 $169,875 $404,191
2021 $7,901 $562,811 $166,545 $396,266
2020 $7,507 $557,041 $164,838 $392,203
2019 $7,384 $546,119 $161,606 $384,513
2018 $7,259 $535,412 $158,438 $376,974
2017 $7,158 $524,915 $155,332 $369,583
2016 $7,207 $514,624 $152,287 $362,337
2015 $6,620 $500,000 $150,000 $350,000
2014 $5,431 $403,171 $122,916 $280,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17258159

California Regional Multiple Listing Service (CRMLS)

APN: 684-210-004