NOT LISTED FOR SALE

Estimated Value: $870,000 - $1,387,000

3 Beds
2 Baths
2,437 Sq Ft
$435/Sq Ft Est. Value

Last Sold October 06, 2015

Last sale price $474,000 $195 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,578/month

139 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Great Room with Fireplace
  • Primary Bedroom Suite
  • Mountain View
  • Granite Countertops

About This Home

As of October 2015

******** Great PROPERTY with CHARACTER!!*** Located high up in the Magical Magnesia Falls Cove... VERY Open floor plan with over 2400 square feet of nice INDOOR as well as **FUN OUTDOOR LIVING spaces. Lovely granite/stainless kitchen and 2 very spacious baths. All 3 bedrooms are great size and this home has both a FAMILY and a LIVING/GREATROOM.. Incredible WOOD CEILINGS in the greatroom/kitchen/dinning areas. Backyard is very private and has wonderful MOUNTAIN VIEWS...A REAL GEM!! ***********SEE THE VIRTUAL TOUR

Last Agent to Sell the Property

Robyn Greenspan

RE/MAX Consultants License #01372249 Listed on: 04/08/2015

Last Buyer's Agent

Robyn Greenspan

RE/MAX Consultants License #01372249 Listed on: 04/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,772

Year Built

  • Built in 1966

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Wood Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,437 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Family Room
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Pool

  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Pool Sweep

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Underground Utilities

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684281011

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,772

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builders Tract Code: Magnesia Falls Cove
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • List Price per Sq Ft: 198.60
  • Lp Sp Ratio: 0.9793
  • View Type: Mountain(s)
  • Year Built: 1966
  • Listing I D: 215011506
  • Listing Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2437.00

Exterior Features

  • Fencing: Stucco Wall, Wood
  • Pool: Yes
  • Pool Accessories: Pool Sweep
  • Pool Construction: In Ground
  • Pool Description: Salt Water
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Evaporative Cooling, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Connected on Bond, Unknown

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684281011
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2700
  • Lot Description: Back Yard, Utilities Underground, Landscaped
  • Lot Size: 11761.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Aug 28, 2015
Sold by
Gerrard Brian Alexander and Powell Olive Louise
Bought by
Sharma Ram Vir and Sharma Asha
Seller's Agent
Robyn Greenspan
RE/MAX Consultants
Buyer's Agent
Robyn Greenspan
RE/MAX Consultants
List Price
$484,000
Sold Price
$474,000
Premium/Discount to List
-$10,000
-2.07%
Total Days on Market
139
Current Estimated Value
$1,060,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$586,402
Avg. Annual Appreciation
8.66%
Original Mortgage
$355,500
Interest Rate
3.41%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2011
Sold by
Gerrard Brian A
Bought by
Gerrard Brian Alexander and Powell Olive Louise

Purchase Details

Closed on
Nov 2, 2009
Sold by
Powell Olive L
Bought by
Gerrard Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1996
Sold by
Provident Svgs Bank Fsb
Bought by
Gerrard Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,775
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1996
Sold by
Johnston William T and Johnston Nancy S
Bought by
Provident Svgs Bank Fsb
Source: Public Records

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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
Sharma Ram Vir $474,000 Lawyers
Gerrard Brian Alexander -- None Available
Gerrard Brian A -- None Available
Gerrard Brian A $154,500 First American Title Ins Co
Provident Svgs Bank Fsb $108,622 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Ram Vir $322,000
Closed Sharma Ram Vir $355,500
Previous Owner Gerrard Brian A $150,000
Previous Owner Gerrard Brian A $260,000
Previous Owner Gerrard Brian A $213,000
Previous Owner Gerrard Brian A $40,000
Previous Owner Gerrard Brian A $146,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2015 10/06/15 Sold $474,000 0.0% $195 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
06/16/2015 06/16/15 Off Market $474,000 -- --
05/24/2015 05/24/15 For Sale $484,000 -2.0% $199 / Sq Ft
04/08/2015 04/08/15 For Sale $494,000 -- $203 / 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
2023 $7,772 $539,325 $161,796 $377,529
2022 $7,695 $528,751 $158,624 $370,127
2021 $7,528 $518,384 $155,514 $362,870
2020 $7,169 $513,070 $153,920 $359,150
2019 $7,055 $503,010 $150,902 $352,108
2018 $6,940 $493,148 $147,944 $345,204
2017 $6,847 $483,480 $145,044 $338,436
2016 $6,660 $474,000 $142,200 $331,800
2015 $3,310 $209,340 $52,328 $157,012
2014 $3,300 $205,242 $51,304 $153,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215011506

California Desert Association of REALTORS®

APN: 684-281-011