$740,000
SOLD MAY 17, 2023

71812 Magnesia Falls Dr Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood
3 Beds
2 Baths
1,238 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$598 Per Sq Ft

9% Below List Price

35 Days on Market

Highlights

  • Pebble Pool Finish
  • Mountain View
  • Great Room
  • Midcentury Modern Architecture
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of August 2024

Charming mid-century in Magnesia Falls Cove. Situated on a large corner lot with fabulous mountain views. This 3 bedroom, 2 Bath, pool home is perfect for the homeowner that wants to create their own masterpiece or the investor that loves mid-century. The possibilities are endless.*Property is being sold as-is.

Last Agent to Sell the Property

Bespoke Real Estate Group

Bennion Deville Homes License #01322803 Listed on: 03/16/2023

Co-Listed By

Yvonne Ida

Bennion Deville Homes License #01753263

Last Buyer's Agent

Penelope Stebbins

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,544

Year Built

  • Built in 1955

Lot Details

  • 9,583 Sq Ft Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Entryway
  • Great Room
  • Dining Area
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684412004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,544

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Style: Mid Century
  • List Price per Sq Ft: 642.16
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s)
  • Year Built: 1955
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 219092317
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 1238.00

Exterior Features

  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Side By Side, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684412004
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Size: 9583.00

Rental Info

  • Furnished: Unfurnished
  • 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

Listed on
Jun 19, 2024
Closed on
Jul 19, 2024
Sold by
Lightspeed Investments
Bought by
Greene Magda Juliana
Seller's Agent
CESAR GOMEZ
ALIGN HOMES
Buyer's Agent
Joshua Brock
David Berneman
List Price
$839,900
Sold Price
$768,500
Premium/Discount to List
-$71,400
-8.5%
Views
22
Current Estimated Value
$800,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,940
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 2, 2023
Sold by
Prum Benjamin Veasna
Bought by
Lightspeed Investments Inc
Seller's Agent
Bespoke Real Estate Group
Bennion Deville Homes
Buyer's Agent
Penelope Stebbins
Compass
List Price
$815,000
Sold Price
$740,000
Premium/Discount to List
-$75,000
-9.2%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$755,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 21, 2021
Sold by
Charles Brady Llc
Bought by
Prum Benjamin Veansa
Seller's Agent
Gary Howell
Bennion Deville Homes
Buyer's Agent
Robert Downing Tracy Boomer Group
Bennion Deville Homes
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.02%
Original Mortgage
$390,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Nov 19, 2013
Sold by
Wilmington Trust National Association
Bought by
Charles Brady Llc
Seller's Agent
Candice Johnson
Rosenthal & Associates
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$328,500
Sold Price
$277,000
Premium/Discount to List
-$51,500
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%

Purchase Details

Closed on
Feb 14, 2013
Sold by
Smith Gerald A
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Nov 12, 2004
Sold by
Smith Gerald A and Pagnini Anthony
Bought by
Smith Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 18, 2003
Sold by
Pagnini Anthony
Bought by
Smith Gerald A and Pagnini Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2002
Sold by
Pagnini Anthony
Bought by
Smith Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,600
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 15, 2002
Sold by
Lund Kurt R
Bought by
Pagnini Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1993
Sold by
Thomas Kimberly Renee
Bought by
Lund Kurt R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,418
Interest Rate
7.28%
Mortgage Type
VA
Source: Public Records

Similar Homes in the area

  • 19 Colgate Dr, Rancho Mirage, CA 92270

    $800,000

    • 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
  • 27 Via Del Maricale, Rancho Mirage, CA 92270

    $725,000

    • 3 Beds
    • 3 Baths
    • 2,480 Sq Ft
    • 27 Via Del Maricale
    • Rancho Mirage, CA

    Welcome to your dream home in Tuscany, Rancho Mirage! This elegant single-level Tuscan-style residence offers 3 bedrooms, 3 baths, complete with a den, formal dining room, and breakfast nook. Sun-drenched interiors feature soaring ceilings, tile and carpet flooring, and recessed lighting. The gourmet chef's kitchen, complete with granite countertops, center island, dual sinks, dual ovens, and

    James Suer LPT Realty

    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!! NO HOALovely landscaped 1970's built home with a sweet Spanish vibe.. Great Potential!!!!!!!!!!!!!!!Wonderful OPPORTUNITY to make this property your own. FIXER UPPER! A MUST SEE!

    Robyn Greenspan Desert Sands Realty

    Section Image
  • 72400 Cactus Dr, Palm Desert, CA 92260

    $725,000

    • 4 Beds
    • 2 Baths
    • 2,209 Sq Ft
    • 72400 Cactus Dr
    • Palm Desert, CA

    Welcome to your new forever home in Palm Desert! This stunning property offers access to all the finest amenities. Located near The SHOPS at Palm Desert Mall. Also, nearby College of the Desert, El Paseo, Palm Desert Mall and many Golf Courses. This spacious home features 4 bedrooms and 2 baths, spread across 2,209 square feet of living space. you'll be greeted by bamboo flooring, the kitchen

    Jose Ruiz KAM Financial Realty

    Section Image
  • 16 White Sun Way, Rancho Mirage, CA 92270

    $835,000

    • 3 Beds
    • 2 Baths
    • 2,078 Sq Ft
    • 16 White Sun Way
    • Rancho Mirage, CA

    Welcome to this exceptional home in the desirable White Sun Estates, where contemporary style meets ultimate comfort. This beautifully upgraded property is perfect for those seeking a modern retreat with ample space, privacy, and stunning views. The open floor plan is highlighted by soaring ceilings, creating a light and airy atmosphere throughout. Enjoy the expansive great room featuring a gas

    Brady Sandahl Keller Williams Luxury Homes

    Section Image
  • 2 Vistara Dr, Rancho Mirage, CA 92270

    $639,500

    • 3 Beds
    • 2 Baths
    • 2,120 Sq Ft
    • 2 Vistara Dr
    • Rancho Mirage, CA

    All Offers Welcome! 2 Vistara is located in the gated community of The Estates at Rancho Mirage, an exclusive enclave in the heart of Rancho Mirage, a City renowned for its luxurious desert lifestyle, world-class golf courses, & vibrant cultural scene. This 3-bedroom, 2-bath, 2,120 sq. ft. home is ready to become your dream home! The open-concept floor plan is bathed in natural light, with

    The Downs Team Coldwell Banker Realty

    Section Image
  • 25 Vistara Dr, Rancho Mirage, CA 92270

    $799,900

    • 3 Beds
    • 2 Baths
    • 2,079 Sq Ft
    • 25 Vistara Dr
    • Rancho Mirage, CA

    Pool home in the heart of Rancho Mirage. Squeaky clean, high ceilings, light and bright, corner lot location for privacy, tile floors in main living areas, walk-in showers in both baths, interior laundry.

    Team Michael Hilgenberg w/ Keller Will Keller Williams Realty

    Section Image
  • 40851 Bob Hope Dr, Rancho Mirage, CA 92270

    $899,000

    • 3 Beds
    • 3 Baths
    • 1,295 Sq Ft
    • 40851 Bob Hope Dr
    • Rancho Mirage, CA

    This home was originally intended to be the seller's personal mid-century retreat in the desert. With that vision in mind, they spared no expense investing over six figures into a full renovation that transformed the entire property. Though their plans shifted to another area, the quality and care remain. From top to bottom, the home has been thoughtfully reimagined for comfort, design, and

    Jeni Campa BD Homes-The Paul Kaplan Group

    Section Image
  • 6 Park Mirage Ln, Rancho Mirage, CA 92270

    $839,000

    • 4 Beds
    • 3.5 Baths
    • 2,598 Sq Ft
    • 6 Park Mirage Ln
    • Rancho Mirage, CA

    Step into refined elegance at 6 Park Mirage Lane, a beautifully appointed 4-bedroom, 3.5-bathroom residence spanning 2,598 square feet. Nestled within the exclusive gated enclave of Park Mirage, this home offers a seamless blend of contemporary design and serene desert living.desertcoastlux.comUpon entering, you're welcomed by soaring ceilings and an open-concept layout that effortlessly connects

    Amirah Halum Compass

    Section Image
See All Homes in Rancho Mirage

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 Type Sale Price Title Company
Grant Deed $768,500 Wfg National Title
Grant Deed $740,000 None Listed On Document
Grant Deed $525,000 Orange Coast Title Company
Grant Deed $277,000 Lsi Title Company Inc
Trustee Deed $459,064 None Available
Interfamily Deed Transfer -- Fnt
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Quit Claim Deed -- Lawyers Title
Grant Deed $216,500 Old Republic Title Company
Grant Deed $153,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $755,000 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $390,000 New Conventional
Previous Owner $472,500 Negative Amortization
Previous Owner $72,000 Credit Line Revolving
Previous Owner $373,500 Fannie Mae Freddie Mac
Previous Owner $310,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $172,250 Purchase Money Mortgage
Previous Owner $86,600 Seller Take Back
Previous Owner $173,200 Purchase Money Mortgage
Previous Owner $25,000 Credit Line Revolving
Previous Owner $155,418 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $768,500 -3.9% $621 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $799,900 -4.8% $646 / Sq Ft
06/19/2024 06/19/24 For Sale $839,900 +13.5% $678 / Sq Ft
05/17/2023 05/17/23 Sold $740,000 -6.9% $598 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $795,000 -2.5% $642 / Sq Ft
03/16/2023 03/16/23 For Sale $815,000 +55.2% $658 / Sq Ft
01/25/2021 01/25/21 Sold $525,000 0.0% $424 / Sq Ft
12/14/2020 12/14/20 For Sale $525,000 0.0% $424 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $525,000 +89.5% $424 / Sq Ft
11/27/2013 11/27/13 Sold $277,000 +0.9% $224 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
11/04/2013 11/04/13 Price Changed $274,500 -8.3% $222 / Sq Ft
10/10/2013 10/10/13 Price Changed $299,500 -8.8% $242 / Sq Ft
09/12/2013 09/12/13 For Sale $328,500 -- $265 / 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 $10,544 $216,863 $38,161 $178,702
2023 $10,544 $546,209 $95,196 $451,013
2022 $7,890 $535,500 $93,330 $442,170
2021 $4,959 $313,697 $93,994 $219,703
2020 $4,739 $310,482 $93,031 $217,451
2019 $4,674 $304,395 $91,207 $213,188
2018 $4,606 $298,427 $89,419 $209,008
2017 $4,545 $292,576 $87,666 $204,910
2016 $4,429 $286,841 $85,948 $200,893
2015 $4,281 $282,534 $84,658 $197,876
2014 $4,265 $277,000 $83,000 $194,000
Source: Public Records

Agents Affiliated with this Home

  • CESAR GOMEZ

    Seller's Agent in 2024

    CESAR GOMEZ

    ALIGN HOMES

    (909) 921-1012

    1 in this area

    578 Total Sales

    CESAR GOMEZ
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Sahar Moghadam

    ALIGN HOMES

    (909) 229-9464

    1 in this area

    527 Total Sales

    Sahar Moghadam
    Section Image

  • J

    Buyer's Agent in 2024

    Joshua Brock

    David Berneman

    (816) 896-8926

    1 in this area

    17 Total Sales

    Joshua Brock
    Section Image

  • B

    Seller's Agent in 2023

    Bespoke Real Estate Group

    Bennion Deville Homes

  • Y

    Seller Co-Listing Agent in 2023

    Yvonne Ida

    Bennion Deville Homes

  • P

    Buyer's Agent in 2023

    Penelope Stebbins

    Compass

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219092317

California Desert Association of REALTORS®

APN: 684-412-004

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71812 Magnesia Falls Dr, Rancho Mirage, CA

This home is located at 71812 Magnesia Falls Dr, Rancho Mirage, CA 92270 and is currently priced at $740,000, approximately $597 per square foot. This property was built in 1955. 71812 Magnesia Falls 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.

Nearby Homes