NOT LISTED FOR SALE

71568 Tangier Rd Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $761,000 - $807,000

3 Beds
2 Baths
1,654 Sq Ft
$474/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $650,000 $393 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,955/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • 2 Car Attached Garage
  • Midcentury Modern Architecture
  • Double Door Entry
  • Tile Flooring

About This Home

As of August 2021

New to Market! As of the date of this entry, this property is priced $172,000 less than the lowest-priced listing in Magnesia Falls Cove. First time on the market in 24 years. Built in 1963, this mid-century 3-bedroom, 2-bathroom home in Rancho Mirage's coveted Magnesia Falls Cove is positioned beautifully on picturesque Tangier Road with mountain views and low-maintenance desert landscaping. Current owners stated they just installed new carpeting in the bedrooms, painted including garage interior, installed a new garage door opener, had roof coated in 2021 and replaced the A/C and water heater approx. 3 years ago; so one could move in as it is or take this home to the next level with a fabulous remodel. Magnesia Falls Cove sits in the heart of Rancho Mirage close to The River complex and surrounding areas with dining, shopping & entertainment, and all that prestigious Rancho Mirage has to offer. No HOA dues! On fee land (you'd own the land - no land lease!) Hurry over to see this one...

Last Agent to Sell the Property

Suzanne Virtue

Desert Sotheby's International Realty License #01308119 Listed on: 07/29/2021

Desert Sotheby's International Realty

Last Buyer's Agent

Mike Patakas

Desert Sotheby's International Realty License #01264926

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Back and Front Yard

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Stucco Exterior

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684331001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,574

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 373.04
  • Lp Sp Ratio: 1.0500
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1963
  • Listing I D: 219065497
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Selling Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Selling Office Fax: (760) 424-3099
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Living/Dining Combo
  • Laundry: In Garage
  • Estimated Sq Ft: 1654.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Assessor Parcel Number: 684331001
  • Lot Description: Back Yard, Front Yard, Landscaped
  • Lot Size: 7405.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 6, 2021
Sold by
Coleman Kent and Coleman Antoinette
Bought by
Bright Brittain
Seller's Agent
Suzanne Virtue
Desert Sotheby's International Realty
Buyer's Agent
Mike Patakas
Desert Sotheby's International Realty
List Price
$730,000
Sold Price
$650,000
Premium/Discount to List
-$80,000
-10.96%
Current Estimated Value
$783,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,360
Avg. Annual Appreciation
4.59%

Purchase Details

Closed on
May 8, 1997
Sold by
Mcnicholas Joyce
Bought by
Coleman Kent and Coleman Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,129
Interest Rate
8.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bright Brittain $650,000 Chicago Title Inland Empire
Coleman Kent $135,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Kent $133,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $650,000 +5.3% $393 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $617,000 -15.5% $373 / Sq Ft
07/29/2021 07/29/21 For Sale $730,000 -- $441 / 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 $9,574 $707,470 $97,099 $610,371
2023 $9,574 $680,000 $93,330 $586,670
2022 $9,289 $650,000 $91,500 $558,500
2021 $3,430 $203,101 $50,768 $152,333
2020 $3,291 $201,020 $50,248 $150,772
2019 $2,985 $197,079 $49,263 $147,816
2018 $2,943 $193,216 $48,298 $144,918
2017 $2,901 $189,428 $47,351 $142,077
2016 $2,826 $185,715 $46,423 $139,292
2015 $2,726 $182,927 $45,727 $137,200
2014 $2,719 $179,345 $44,832 $134,513
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Suzanne Virtue

    Desert Sotheby's International Realty

    (760) 799-7900

    1 in this area

    24 Total Sales

    Suzanne Virtue
    Section Image
  • Mike Patakas

    Buyer's Agent in 2021

    Mike Patakas

    Desert Sotheby's International Realty

    (760) 808-5400

    2 in this area

    160 Total Sales

    Mike Patakas
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219065497

California Desert Association of REALTORS®

APN: 684-331-001

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71568 Tangier Rd, Rancho Mirage, CA

This home is located at 71568 Tangier Rd, Rancho Mirage, CA 92270 since 29 July 2021 and is currently estimated at $783,360, approximately $473 per square foot. This property was built in 1963. 71568 Tangier Rd 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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