NOT LISTED FOR SALE

Estimated Value: $1,603,813

0.18 Acres
$8,910,072 Price per Acre
7,841 Sq Ft Lot

Sale Details

Date Sold: November 4, 2022

Last sale price $339,000

Est. 373% increase in value since last sale

Current estimated payment $10,197 / mo

3 Days on Market

Highlights

  • Mountain View
  • Wood Fence
  • Level Lot
  • No HOA

About This Lot

As of November 2022

Build your custom dream home in Rancho Mirage's Magnesia Falls Cove with stunning views of the surrounding mountains. This lot is one of the only remaining in the entire Magnesium Falls Cove and in a rare neighborhood within Rancho Mirage that has NO HOA fee! The 7,840 sq ft lot is ready-to-build with utility access to city water, sewer & power. Available to provide drafts of a Mid Century Modern home design plans (3, 529 sq ft) that have been custom designed around the lot's home placement & orientation to take advantage of the stunning views. The location is fantastic: next to Rancho Mirage's The River which has great shopping, restaurants, entertainment and a 13-screen movie theater. Larry Ellison's new five-star wellness retreat Sensei at Porcupine Creek is straight up the street; the lot is 3-miles from the famous El Paseo Shopping District in Palm Desert, and 10 miles from downtown Palm Springs.

Last Agent to Sell the Property

Tamara Anderson

JDS Real Estate Services, Inc. License #01468339 Listed on: 10/18/2022

Co-Listed By

Jennifer Stein

JDS Real Estate Services, Inc. License #01507135

Property Details

Property Type

  • Land

Lot Details

  • 7,841 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ESF

Property Views

  • Mountain Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 137
  • Assessor Parcel Number 684402018
  • $512 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Magnesia Falls Cove Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Magnesia Falls Cove (32142)
  • View: Yes
  • Zoning: ESF
  • Property Type: Land
  • Parcel Number: 684402018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 43.23

Exterior Features

  • View: Mountain(s)
  • Fencing: Block, Wood

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.73584100

Multi Family

  • Lot Size Area: 7841.0000 Square Feet

Tax Info

  • Tax Census Tract: 451.03
  • Tax Lot: 137
  • TaxOtherAnnualAssessmentAmount: 512.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2025
Sold by
Bought by
Current Estimated Value
$1,603,813

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 1, 2022
Sold by
Bought by
Seller's Agent
Tamara Anderson
JDS Real Estate Services, Inc.
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.32%

Purchase Details

Listed on
Mar 29, 2020
Closed on
Aug 6, 2020
Sold by
Bought by
Seller's Agent
Traci Sadler
Windermere Homes & Estates
Buyer's Agent
Marilyn Bauer
Bennion Deville Homes
List Price
$244,000
Sold Price
$235,000
Premium/Discount to List
-$9,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%

Purchase Details

Closed on
May 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$339,000 Orange Coast Title
$235,000 Fidelity National Ttl Ins Co
$88,000 North American Title Co
$75,000 First American Title Co
$52,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $339,000 -2.9% --
10/21/2022 10/21/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $349,000 +48.5% --
08/21/2020 08/21/20 Sold $235,000 -3.7% -- View Prior Sale
08/12/2020 08/12/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $244,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,689 $1,900,000 $665,000 $1,235,000
2025 $9,333 $1,332,695 $352,695 $980,000
2023 $9,333 $244,494 $244,494
2022 $3,632 $239,700 $239,700 $0
2021 $3,567 $235,000 $235,000 $0
2020 $1,959 $116,527 $116,527 $0
2019 $1,938 $114,243 $114,243 $0
2018 $1,918 $112,003 $112,003 $0
2017 $1,894 $109,807 $109,807 $0
2016 $1,849 $107,654 $107,654 $0
2015 $1,786 $106,038 $106,038 $0
2014 $1,787 $103,962 $103,962 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22225162

California Regional Multiple Listing Service (CRMLS)

APN: 684-402-018

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