NOT LISTED FOR SALE

Estimated Value: $1,323,000 - $2,404,000

5 Beds
4 Baths
3,000 Sq Ft
$677/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $2,275,000 $758 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $13,204/month

7 Days on Market

Highlights

  • Detached Guest House
  • Solar Power System
  • Updated Kitchen
  • In Ground Spa
  • Two Primary Bedrooms
  • Open Floorplan

About This Home

As of June 2022

Welcome to Biskra Dreams.... the name says it all. If you're looking for the ultimate resort-like property, this is it. This stunning, newly remodeled home is situated in the prestigious Magnesia Falls Cove, nestled up to the magnificent San Jacinto and Santa Rosa mountains. Relax, unwind, and enjoy this Mid-Century estate on an oversized lot. Take a dip in the sparkling pebble tech pool while enjoying the sunshine and jaw dropping views surrounding you. Unwind in the jacuzzi while watching golf on the outdoor tv, or practice your short game while chipping on the 70ft putting green. An abundance of light and chill vibes surround you in this ultra private outdoor oasis. Enjoy the sunsets alongside the outdoor fire pit or dine al Fresco and take in the desert skies. The main house includes 4 bedrooms - including 2 master suites with separate entrances - and 3 bathrooms. Open entertaining kitchen and living area for entertaining. Beautiful polished concrete floors throughout the home. The detached casita/ADU is perfect for visiting family or guests who want private space with a fully equipped kitchenette, King-size bed, living room, and bathroom. Mid Century flair with gorgeous finishes throughout. Just 15 minutes from vibrant downtown Palm Springs and 15 minutes from world famous golf in La Quinta. Walk to the River for shopping, restaurants, movies, coffee, or happy hour. Just minutes away from the world famous El Paseo District for upscale shopping and dining. Some of the best local hiking is just steps from your front door. Parks, spas, tennis, golf, and nightlife all within minutes of the cove. This home is furnished with 10.22KW Solar system so don't worry about those high electrical bills. This special home is a true Desert Oasis!

Last Agent to Sell the Property

Lisa Stott

Estate Properties License #01442582 Listed on: 05/19/2022

Estate Properties

Co-Listed By

Daniel Lemieux

Estate Properties License #01245730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,281

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.36 Acre Lot
  • Desert faces the front and back of the property
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned ESF

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available

Property Views

  • Canyon
  • Mountain
  • Desert
  • Valley
  • Rock

Home Design

  • Midcentury Modern Architecture
  • Interior Block Wall

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 4 Full Bathrooms

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Solar Power System
  • Detached Guest House

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 684292011
  • $448 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Magnesia Falls Cove Subdivision
  • Mountainous Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,281

Year Built

Built in 1970 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Magnesia Falls Cove (32142)
  • View: Yes
  • Zoning: ESF
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 684292011
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00 Square Feet
  • Interior Amenities: Bar, Block Walls, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 758.33
  • Room Type: All Bedrooms Down, Den, Two Masters
  • Spa Features: Private, In Ground
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Detached
  • View: Canyon, Desert, Mountain(s), Rocks, Valley
  • Patio And Porch Features: Patio
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous

Schools

  • School District: Palm Springs Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Desert Back, Desert Front, Front Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 15682.00
  • Lot Size Acres: 0.3600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15682.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 451.03
  • Tax Lot: 24
  • TaxOtherAnnualAssessmentAmount: 448.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 1, 2022
Sold by
71366 Biskra Dreams Llc
Bought by
Johnson Jennifer
Seller's Agent
Lisa Stott
Estate Properties
List Price
$2,220,000
Sold Price
$2,275,000
Premium/Discount to List
$55,000
2.48%
Current Estimated Value
$2,030,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,727
Avg. Annual Appreciation
-3.40%

Purchase Details

Listed on
Oct 1, 2020
Closed on
Sep 14, 2020
Sold by
Hubara Eli and Hubara Louis Robert
Bought by
71366 Biskra Dreams Llc
Seller's Agent
Robert Louis
Landmark Realtors, Inc.
Buyer's Agent
Daniel Lemieux
Estate Properties
List Price
$629,000
Sold Price
$642,000
Premium/Discount to List
$13,000
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.66%

Purchase Details

Closed on
Mar 10, 2002
Sold by
Mehring Robert R and Mehring Stephanie Marie
Bought by
Hubara Eli and Louis Robert
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
Johnson Jennifer $2,275,000 Usa National Title
71366 Biskra Dreams Llc $627,500 Usa National Title Company
Hubara Eli $275,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $2,275,000 +2.5% $758 / Sq Ft
05/19/2022 05/19/22 For Sale $2,220,000 +252.9% $740 / Sq Ft
10/01/2020 10/01/20 For Sale $629,000 -2.0% $349 / Sq Ft
09/30/2020 09/30/20 Sold $642,000 -- $357 / Sq Ft View Prior Sale
09/25/2020 09/25/20 Pending -- -- --
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 $29,281 $2,334,655 $97,099 $2,237,556
2023 $29,281 $2,244,000 $93,330 $2,150,670
2022 $10,227 $749,540 $191,760 $557,780
2021 $8,597 $627,000 $188,000 $439,000
2020 $5,063 $371,450 $101,298 $270,152
2019 $4,975 $364,167 $99,312 $264,855
2018 $4,886 $357,027 $97,366 $259,661
2017 $4,821 $350,027 $95,457 $254,570
2016 $4,687 $343,165 $93,586 $249,579
2015 $4,526 $338,012 $92,181 $245,831
2014 $4,492 $331,392 $90,376 $241,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22106236

California Regional Multiple Listing Service (CRMLS)

APN: 684-292-011