71812 Magnesia Falls Dr Rancho Mirage, CA 92270
Magnesia Falls Cove Neighborhood
3
Beds
2
Baths
1,238
Sq Ft
9,147
Sq Ft Lot
Highlights
- Pebble Pool Finish
- Mountain View
- Cathedral Ceiling
- Midcentury Modern Architecture
- Private Lot
- Granite Countertops
About This Home
As of August 2024Please make an appointment to see this excellent example of a true1955 mid century 3 bedroom, two bath single level, two car garage pool home. This property has unique cathedral and vaulted, beamed ceilings, numerous glass sliding doors and oversized windows making it exceptionally light and bright. The home also boasts a newer roof and separate central a/c and evaporative cooling systems. Enjoy an oversized back yard with a very private, beautifully refurbished pebble tech pool designed for swimming laps or leisurely floating an afternoon away while gazing south and west to mountain views that include the nearby ''Bump and Grind'' hiking trail. Use your imagination to enhance this exciting desert gem that's priced low enough to add your own cosmetic upgrades and mid century modern accents and finishes. The property is located in the wonderfully eclectic Magnesia Falls Cove neighborhood a few minutes walk from ''The River'' offering a myriad of dining and entertainment options and the gorgeous mid century inspired Rancho Mirage Public Library and Planetarium. Rancho Mirage offers its citizens all the benefits of living in the most prestigious and well managed municipality in the entire Coachella Valley often referred to as the ''Playland of Presidents''.
Last Agent to Sell the Property
Bennion Deville Homes License #01261508 Listed on: 12/04/2020
Last Buyer's Agent
Robert Downing Tracy Boomer Group
Bennion Deville Homes License #01322803
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,544
Year Built
- Built in 1955
Lot Details
- 9,147 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Landscaped
- Private Lot
- Rectangular Lot
- Level Lot
- Sprinklers on Timer
- Back and Front Yard
Property Views
- Mountain
- Hills
- Pool
Home Design
- Midcentury Modern Architecture
- Slab Foundation
Interior Spaces
- 1,238 Sq Ft Home
- 1-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Awning
- Vertical Blinds
- Window Screens
- Sliding Doors
- Living Room
- Dining Area
- Ceramic Tile Flooring
- Security System Owned
Kitchen
- Gas Range
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Pool
- Pebble Pool Finish
- Heated In Ground Pool
- Outdoor Pool
Location
- Ground Level
Utilities
- Forced Air Heating and Cooling System
- Evaporated cooling system
- Heating System Uses Natural Gas
- Underground Utilities
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Community Details
- Magnesia Falls Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 684412004
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
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
Similar Homes in the area
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
Average Home Value in this Area
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
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
-
Sahar Moghadam
S
Seller Co-Listing Agent in 2024
Sahar Moghadam
ALIGN HOMES
(909) 229-9464
1 in this area
527 Total Sales
-
Joshua Brock
J
Buyer's Agent in 2024
Joshua Brock
David Berneman
(816) 896-8926
1 in this area
17 Total Sales
-
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
Map
Source: California Desert Association of REALTORS®
MLS Number: 219054109
APN: 684-412-004
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