71770 San Gorgonio Rd Rancho Mirage, CA 92270
Magnesia Falls Cove Neighborhood
3
Beds
3
Baths
2,042
Sq Ft
0.25
Acres
About This Home
As of December 2021A beautifully land-scaped .25 acre lot with mountain views completes this Mid Century Rancho Mirage beauty. Along with a sparkling pool, this home has options for the Modern Family. The main home has 2 large bedrooms and 2 baths, plus a separate office or 3rd bedroom. In addition, there is a DETACHED 324 ft. GAME ROOM with a pool table, or use it as a work STUDIO. Separately metered for gas and electric, there is an additional 350 ft. CASITA that completes this home with it's own KITCHEN, SEPARATE ENTRANCE and full bathroom. A perfect home for a part time get-a-way, with the CASITA for rental income. OR.. full time living with separate living quarters for the frequent guest or family member. AND, you own the land! Walking distance to The River for movie theaters, dining, post office and morning coffee in the sunshine. The options abound!
Last Listed By
Cynthia Muller
License #01992172 Listed on: 01/04/2018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
Dec 9, 2021
Sold by
Jordan Meredith T
Bought by
Pham Mai
Seller's Agent
Ginny Peacock
Coldwell Banker Realty
Buyer's Agent
Beth Cummins
Compass
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,359
Avg. Annual Appreciation
10.01%
Original Mortgage
$608,000
Outstanding Balance
$564,773
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$490,586
Purchase Details
Listed on
Jan 4, 2018
Closed on
Jan 26, 2018
Sold by
Newell Abigael
Bought by
Newell David A
Seller's Agent
Cynthia Muller
List Price
$443,000
Sold Price
$443,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$300,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 4, 2018
Closed on
Jan 9, 2018
Sold by
Newell David A
Bought by
Jordan Meredith T
Seller's Agent
Cynthia Muller
List Price
$443,000
Sold Price
$443,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 2011
Sold by
Resolution Fund Management Series 12 1
Bought by
Newell David A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
4.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2010
Sold by
Cardwell William E
Bought by
Resolution Fund Management Series 12 1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.31%
Mortgage Type
Unknown
Purchase Details
Closed on
Jan 6, 2000
Sold by
Operations Shoe String
Bought by
Cardwell William E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.95%
Purchase Details
Closed on
Apr 21, 1998
Sold by
The Bank Of New York
Bought by
Operations Shoe String Inc
Purchase Details
Closed on
Jun 20, 1997
Sold by
Colclasure Neal E and Colclasure Carol
Bought by
The Bank Of New York
Purchase Details
Closed on
Jan 26, 1994
Sold by
Saluja Amarjit S and Saluja Jasbir K
Bought by
Abhyankar Shreedhar Ramesh P and Abhyankar Kalpena Shreedhar
Purchase Details
Closed on
Jul 11, 1993
Sold by
Salmon Patricia M
Bought by
Salmon Timothy and The Patricia Salmon Trust
Similar Homes in the area
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $760,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Stewart Title Of California | |
| Grant Deed | $443,000 | Stewart Title Of California | |
| Grant Deed | $249,000 | First American Title Company | |
| Trustee Deed | $201,000 | None Available | |
| Corporate Deed | $180,000 | South Coast Title Company | |
| Grant Deed | $106,000 | First American Title Ins Co | |
| Trustee Deed | $119,000 | Northern Counties Title | |
| Grant Deed | $10,000 | -- | |
| Quit Claim Deed | -- | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $608,000 | New Conventional | |
| Previous Owner | $300,000 | Purchase Money Mortgage | |
| Previous Owner | $178,107 | New Conventional | |
| Previous Owner | $199,200 | New Conventional | |
| Previous Owner | $1,500,000 | Unknown | |
| Previous Owner | $170,000 | Credit Line Revolving | |
| Previous Owner | $273,000 | Unknown | |
| Previous Owner | $200,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2021 12/20/21 | Sold | $760,000 | -5.0% | $337 / Sq Ft |
| 11/13/2021 11/13/21 | Pending | -- | -- | -- |
| 10/22/2021 10/22/21 | For Sale | $800,000 | +80.6% | $355 / Sq Ft |
| 02/01/2018 02/01/18 | Sold | $443,000 | 0.0% | $217 / Sq Ft |
| 01/04/2018 01/04/18 | For Sale | $443,000 | -- | $217 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $10,881 | $775,200 | $93,330 | $681,870 |
| 2022 | $10,834 | $760,000 | $91,500 | $668,500 |
| 2021 | $6,843 | $465,671 | $78,838 | $386,833 |
| 2020 | $6,521 | $460,897 | $78,030 | $382,867 |
| 2019 | $6,423 | $451,860 | $76,500 | $375,360 |
| 2018 | $4,294 | $280,361 | $84,106 | $196,255 |
| 2017 | $4,235 | $274,864 | $82,457 | $192,407 |
| 2016 | $4,127 | $269,476 | $80,841 | $188,635 |
| 2015 | $3,989 | $265,430 | $79,628 | $185,802 |
| 2014 | $3,974 | $260,232 | $78,069 | $182,163 |
Source: Public Records
Agents Affiliated with this Home
-
Ginny Peacock
Seller's Agent in 2021
Ginny Peacock
Coldwell Banker Realty
(760) 567-2242
1 in this area
52 Total Sales
-
Carol Traylor
C
Seller Co-Listing Agent in 2021
Carol Traylor
Coldwell Banker Realty
(760) 777-2923
1 in this area
55 Total Sales
-
Buyer's Agent in 2021
Beth Cummins
Compass
(636) 248-3493
1 in this area
83 Total Sales
-
C
Seller's Agent in 2018
Cynthia Muller
Map
Source: California Desert Association of REALTORS®
MLS Number: 218005096
APN: 684-401-006
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