NOT LISTED FOR SALE

71421 Estellita Dr Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $891,000 - $1,472,000

2 Beds
2 Baths
1,419 Sq Ft
$786/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $590,000 $416 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,749/month

121 Days on Market

Highlights

  • Guest House
  • Midcentury Modern Architecture
  • Furnished
  • Heated In Ground Pool
  • Mountain View
  • Granite Countertops

About This Home

As of January 2020

Located in the popular the Magnesia Falls neighborhood, this Mid-Century property abounds with potential and boasts an inviting south-facing backyard with striking vistas ideal for entertaining. There are other several rare characteristics that distinguish this residence from the competition: a lot exceeding 18,000 square feet, room to create additional living space, and a plethora of driveway parking options. Additional attributes include a newly painted exterior and interior, new foam coat on roof, new double-paned windows and sliders, new ceiling fans, new air-conditioning unit, stainless steel appliances, a large kitchen with newly painted cabinetry, and an enclosed bonus space (not included in square footage). Located in Rancho Mirage just minutes to Highway 111 and nearby many dining, shopping, and hiking options, this retreat is a must to consider.

Last Agent to Sell the Property

Mike Patakas

Desert Sotheby's International Realty License #01264926 Listed on: 08/30/2019

Desert Sotheby's International Realty

Co-Listed By

Maria Patakas

Desert Sotheby's International Realty License #01785498

Last Buyer's Agent

Outside Agent

Newport Beach Assoc of Realto License #000000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,072

Year Built

  • Built in 1954

Lot Details

  • 0.42 Acre Lot
  • Home has North and South Exposure

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Stucco Exterior

Interior Spaces

  • 1,419 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684292007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,072

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Magnesia Falls Cove
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Ranch
  • List Price per Sq Ft: 433.40
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 1954
  • Co Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 424-3099
  • Listing I D: 219022985
  • Listing Member Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Fax: (760) 424-3099
  • Selling Office Address: NOT AVAILABLE, UNKNOWN, OS
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Appliances: Gas Range
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Tile
  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1419.00

Exterior Features

  • Construction: Stucco
  • Other Structures: Guest House/Casita
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 684292007
  • Lot Acres: 0.4200
  • Lot Size: 18295.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Pierce Christopher and Pierce Teri
Bought by
Pierce Christopher and Pierce Teri
Current Estimated Value
$1,114,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Outstanding Balance
$312,142
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$802,525

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jan 2, 2020
Sold by
Higdon Brian
Bought by
Pierce Christopher and Pierce Teri
Seller's Agent
Mike Patakas
Desert Sotheby's International Realty
Buyer's Agent
Outside Agent
Newport Beach Assoc of Realto
List Price
$649,000
Sold Price
$590,000
Premium/Discount to List
-$59,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$5,350,000
Outstanding Balance
$4,726,938
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
-$3,612,271

Purchase Details

Closed on
Apr 10, 2000
Sold by
Trustees Schulz David Carl & Mary Corrinne
Bought by
Higdon Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
8.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 27, 1993
Sold by
Schulz David C
Bought by
Schulz David Carl and Schulz Mary Corrinne
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
Pierce Christopher -- Ticor Title Company Of Ca
Pierce Christopher $590,000 First American Title Company
Higdon Brian $169,500 Benefit Land Title
Schulz David Carl -- --
Schulz David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Christopher $349,000
Open Pierce Christopher $5,350,000
Previous Owner Higdon Brian $169,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2020 01/21/20 Sold $590,000 -4.1% $416 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $615,000 -3.1% $433 / Sq Ft
09/22/2019 09/22/19 Price Changed $635,000 -2.2% $447 / Sq Ft
08/30/2019 08/30/19 For Sale $649,000 0.0% $457 / Sq Ft
08/11/2014 08/11/14 Rented $1,950 0.0% --
08/11/2014 08/11/14 Under Contract -- -- --
06/23/2014 06/23/14 For Rent $1,950 +8.3% --
10/18/2013 10/18/13 Rented $1,800 -7.7% --
09/18/2013 09/18/13 Under Contract -- -- --
08/24/2013 08/24/13 For Rent $1,950 +5.4% --
06/25/2012 06/25/12 Rented $1,850 0.0% --
06/22/2012 06/22/12 Under Contract -- -- --
06/14/2012 06/14/12 For Rent $1,850 -- --
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 $10,072 $740,754 $100,065 $640,689
2023 $10,072 $711,991 $96,180 $615,811
2022 $8,818 $608,032 $94,295 $513,737
2021 $8,630 $596,111 $92,447 $503,664
2020 $4,070 $263,676 $91,336 $172,340
2019 $4,011 $258,507 $89,546 $168,961
2018 $3,954 $253,440 $87,791 $165,649
2017 $3,905 $248,471 $86,070 $162,401
2016 $3,807 $243,600 $84,383 $159,217
2015 $3,925 $239,942 $83,116 $156,826
2014 $3,668 $235,244 $81,489 $153,755
Source: Public Records

Agents Affiliated with this Home

  • Mike Patakas

    Seller's Agent in 2020

    Mike Patakas

    Desert Sotheby's International Realty

    (760) 808-5400

    2 in this area

    160 Total Sales

    Mike Patakas
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Maria Patakas

    Desert Sotheby's International Realty

    (760) 464-4650

    1 in this area

    105 Total Sales

    Maria Patakas
    Section Image

  • O

    Buyer's Agent in 2020

    Outside Agent

    CRMLS

  • G

    Seller's Agent in 2014

    Gary Scott

    RE/MAX

  • J

    Buyer's Agent in 2013

    Jackiline Wills

    California Home Realty

  • G

    Buyer's Agent in 2012

    Greg Kallmann

    Whitestar Management, Inc

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219022985

California Desert Association of REALTORS®

APN: 684-292-007

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71421 Estellita Dr, Rancho Mirage, CA

This home is located at 71421 Estellita Dr, Rancho Mirage, CA 92270 since 30 August 2019 and is currently estimated at $1,114,667, approximately $785 per square foot. This property was built in 1954. 71421 Estellita Dr is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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