NOT LISTED FOR SALE

Estimated Value: $818,000 - $1,260,000

3 Beds
2 Baths
1,577 Sq Ft
$642/Sq Ft Est. Value

Last Sold February 13, 2014

Last sale price $400,000 $254 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $6,406/month

64 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Concrete Porch or Patio
  • Midcentury Modern Architecture
  • Cathedral Ceiling
  • Laundry closet

About This Home

As of February 2014

Magnesia Falls Cove property that is Mid-Century built and retains a lot of the character from 1959!!!

Last Agent to Sell the Property

Robyn Greenspan

RE/MAX Consultants License #01372249 Listed on: 11/19/2013

Last Buyer's Agent

Robyn Greenspan

RE/MAX Consultants License #01372249 Listed on: 11/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,855

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Brick Fence
  • Sprinkler System

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Midcentury Modern Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 1,577 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Brick Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684391003

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,855

Year Built

Built in 1959

Lot Details

0

HOA Fees

$2 per month

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 Style: Mid Century
  • Included In Sale: DISHWASHER/DISPOSAL
  • List Price per Sq Ft: 253.65
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1959
  • Listing I D: 214004084
  • 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, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Block Walls, Cathedral Ceiling(s)
  • Fireplace Features: Brick
  • Flooring: Carpet, Linoleum
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: In Closet
  • Estimated Sq Ft: 1577.00

Exterior Features

  • Roofing: Tar/Gravel
  • Fencing: Brick
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Parking: Attached Carport

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Evaporative Cooling
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Unknown
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Association #1 Frequency: Annually

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 25.00
  • Total Monthly Association Fees: 2.08

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684391003
  • Irrigation: Sprinkler System
  • Lot Acres: 0.3200
  • Lot Size: 13939.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2015
Sold by
Durkan Matthew M and Durkan Matt M
Bought by
Durkan Matthew M
Total Days on Market
64
Current Estimated Value
$1,012,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2015
Sold by
Danbe Opportunity Fund I
Bought by
Durkan Matt M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2013
Closed on
Jan 16, 2014
Sold by
Ellis Kelly
Bought by
Danbe Opportunity Fund I
Seller's Agent
Robyn Greenspan
RE/MAX Consultants
Buyer's Agent
Robyn Greenspan
RE/MAX Consultants
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$150,000
Interest Rate
4.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2000
Sold by
Ellis Kelly and Ellis Hernandez Kelly
Bought by
Ellis Kelly

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
7.71%

Purchase Details

Closed on
Sep 25, 1995
Sold by
Ellis Hernandez Raymond
Bought by
Ellis Hernandez Kelly

Purchase Details

Closed on
Jul 29, 1994
Sold by
Marcus Marya
Bought by
Ellis Hernandez Raymond A and Ellis Hernandez Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,720
Interest Rate
8.8%
Mortgage Type
Assumption
Source: Public Records

Similar Homes in the area

  • 33 Calle la Reina, Rancho Mirage, CA 92270

    $1,250,000

    • 4 Beds
    • 3.5 Baths
    • 2,363 Sq Ft
    • 33 Calle la Reina
    • Rancho Mirage, CA

    End the quest for your ideal desert lifestyle at this newly remodeled luxury home in Rancho Mirage's gated community of La Terraza. Formerly the model for the enclave's most popular floorplan, the spacious single-level design blends high-end, on-trend upgrades with panoramic mountain views, a large lot of nearly 10,019 square feet, and a coveted cul-de-sac setting. Grounds are impeccably

    Norman Williams Compass

    Section Image
  • 19 Colgate Dr, Rancho Mirage, CA 92270

    $850,000

    • 3 Beds
    • 3 Baths
    • 3,160 Sq Ft
    • 19 Colgate Dr
    • Rancho Mirage, CA

    MOTIVATED SELLER! Final Price Reduction.Don't miss the opportunity to own in one of the most coveted communities! Perfectly positioned within the prestigious Springs, this home offers the ideal combination of privacy and access to world-class amenities. Recently redone, the community boasts a best golf course -- ideal for beginners & seasoned players alike. With $16M in upgrades, it's the biggest

    Lea Boracchia Wealth Partners Real Estate

    Section Image
  • 69896 Van Gogh Rd, Cathedral City, CA 92234

    $1,050,000

    • 2 Beds
    • 3 Baths
    • 2,130 Sq Ft
    • 69896 Van Gogh Rd
    • Cathedral City, CA

    Desert living at it's finest... This elegant and highly upgraded contemporary style, smooth finish stucco, open concept, view home in Montage at Mission Hills now can be yours. This spectacular home has 2 large ensuite bedrooms plus a formal dining room that could be easily converted to a 3rd bedroom, a den, or an office. You will find three bathrooms, pool and spa, travertine flooring, OWNED

    Christina Cook Bennion Deville Homes

    Section Image
  • 24 Paris Way, Rancho Mirage, CA 92270

    $1,050,000

    • 3 Beds
    • 3 Baths
    • 2,101 Sq Ft
    • 24 Paris Way
    • Rancho Mirage, CA

    This is a beautiful 3-bedroom, 3-bath home. Available furnished or unfurnished. The private enclosed back yard has high walls and is a lush oasis with custom pool and spa. Versailles is a gated community near highly rated medical facilities, destination shopping & dining. Easy access to I-10 and minutes from all valley amenities. Beautiful quartz counter tops in kitchen. Walk-in closet. Ceiling

    Karen Webster Coldwell Banker Realty

    Section Image
  • 323 Loch Lomond Rd, Rancho Mirage, CA 92270

    $1,249,000

    • 3 Beds
    • 3.5 Baths
    • 2,762 Sq Ft
    • 323 Loch Lomond Rd
    • Rancho Mirage, CA

    Welcome to 323 Loch Lomond an outstanding luxury desert estate.This exquisite 3-bedroom, 3.5 -bathroom Spanish-style chalet combines desert oasis charm with modern luxury. Located in Legacy at Mission Hills Country Club and on the Gary Player Signature Golf Course, this home boasts incredible mountain and golf course views. There is a wonderful backyard oasis complete with pool, waterfall spa,

    Daniel Dooros Beach Cities Properties, Inc.

    Section Image
  • 71568 Tangier Rd, Rancho Mirage, CA 92270

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,774 Sq Ft
    • 71568 Tangier Rd
    • Rancho Mirage, CA

    This Mid-Century renovated abode in the well-located Magnesia Falls neighborhood features a welcoming open-concept interior and two private exterior entertainment areas, while being surrounded by the mountains of the adjacent cove. The current owner has improved many aspects of the property, including resurfacing the flooring to beautifully stained concrete, retexturing interior walls, and

    Mike Patakas Desert Sotheby's International Realty

    Section Image
  • 42602 Rancho Mirage Ln, Rancho Mirage, CA 92270

    $995,000

    • 3 Beds
    • 2 Baths
    • 1,203 Sq Ft
    • 42602 Rancho Mirage Ln
    • Rancho Mirage, CA

    Fabulous property located in highly desired Magnesia Falls Cove neighborhood...this beautifully renovated property offers everything that the most discerning buyer desires...private courtyard entrance...European white oak floors...two spacious bedrooms with exterior patio french doors...3rd bedroom currently functions as a sitting room with built in wood shelving...fully equipped kitchen with

    Kristi Knutzen Bennion Deville Homes

    Section Image
  • 42503 Rancho Mirage Ln, Rancho Mirage, CA 92270

    $1,150,000

    • 3 Beds
    • 3 Baths
    • 2,473 Sq Ft
    • 42503 Rancho Mirage Ln
    • Rancho Mirage, CA

    Totally renovated luxurious home with beautiful mountain views and walkability to The River and Wally's Restaurant! This stand-alone single-family home has low maintenance fees and no homeowners association. You are invited to experience a "truly tranquil oasis" with panoramic mountain views in your private backyard. This property is surrounded by beautiful mountain views! The upgraded kitchen

    Luther Henderson Realty Executives Westside

    Section Image
  • 71370 Gardess Rd, Rancho Mirage, CA 92270

    $885,000

    • 3 Beds
    • 2 Baths
    • 1,594 Sq Ft
    • 71370 Gardess Rd
    • Rancho Mirage, CA

    OUTSTANDING Location high up in the ever so beautiful Magnesia Falls Cove!!Lovely landscaped 1970's built home with a sweet Spanish vibe..Wonderful opportunity to make this property your own. FIXER UPPER!

    Robyn Greenspan Desert Sands Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Durkan Matthew M -- Stewart Title Of California
Durkan Matt M $538,000 Lawyers Title
Danbe Opportunity Fund I $400,000 Orange Coast Title Co
Ellis Kelly -- Old Republic Title Company
Ellis Hernandez Kelly -- --
Ellis Hernandez Raymond A $123,636 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durkan Matthew M $548,250
Closed Durkan Matthew M $548,250
Closed Durkan Matthew M $453,100
Closed Durkan Matthew M $20,000
Closed Durkan Matt M $408,000
Previous Owner Danbe Opportunity Fund I Llc $150,000
Previous Owner Danbe Opportunity Fund I $410,000
Previous Owner Ellis Kelly $20,000
Previous Owner Ellis Kelly $168,900
Previous Owner Ellis Kelly $160,000
Previous Owner Ellis Hernandez Raymond A $138,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2014 02/13/14 Sold $400,000 0.0% $254 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
11/19/2013 11/19/13 For Sale $400,000 -- $254 / 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 $8,855 $621,478 $186,442 $435,036
2022 $8,744 $609,293 $182,787 $426,506
2021 $8,555 $597,347 $179,203 $418,144
2020 $8,141 $591,223 $177,366 $413,857
2019 $8,014 $579,632 $173,889 $405,743
2018 $7,881 $568,268 $170,480 $397,788
2017 $7,769 $557,127 $167,138 $389,989
2016 $7,603 $546,204 $163,861 $382,343
2015 $5,800 $407,991 $122,397 $285,594
2014 $3,085 $187,698 $64,388 $123,310
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214004084

California Desert Association of REALTORS®

APN: 684-391-003