$265,000
SOLD MAY 24, 2013

71849 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

$214 Per Sq Ft

21% Above List Price

54 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Wood Flooring
  • Panoramic View
  • Cathedral Ceiling
  • Secondary bathroom tub or shower combo

About This Home

As of May 2018

Investors, this is perfection waiting to happen! Minutes from The River and backing up to The Bump & Grind Trail of the San Jacinto mountains, sits this Mid-Century 3BR/2BA south facing, pool home ready for you to finish. The fenced-in yard is large with a gunite pool & spa and a large side yard. Upgrades already in place consist of dual pane windows, plantation shutters, roll up Venetian blinds, a wood burning fireplace, vaulted ceilings, French doors, Frigidaire Professional SS range with vented hood & dishwasher , new kitchen cabinets with granite counters, upgraded & remodeled bathrooms with granite, hardwood floors throughout with carpeted bedrooms. There are repairs that will need to be done. It is a short sale & all offers will need to be approved by the Lender of Record. Bring your tools and finish this wonderful home. It's YOUR move!

Last Agent to Sell the Property

Michael Schwartz

Coldwell Banker Realty License #01477963 Listed on: 03/22/2013

Last Buyer's Agent

Alex Dethier

The Paul Kaplan Group Inc License #01926911

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,407

Year Built

  • Built in 1956

Lot Details

  • 9,583 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Chain Link Fence
  • Sprinklers on Timer

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Panoramic
  • Canyon
  • Mountain
  • Hills
  • Pool

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,238 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Raised Hearth
  • Double Pane Windows
  • Tinted Windows
  • Custom Window Coverings
  • Blinds
  • French Doors
  • Great Room with Fireplace
  • Living Room
  • Dining Area
  • Den
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Ground Level

Community Details

  • Magnesia Falls Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 684413001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,407

Year Built

Built in 1956

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Magnesia Falls Cove
  • Building Style: Ranch
  • Entry Location: Living Room
  • Included In Sale: free standing Frigidaire Professional range with range hood, Frigidaire dishwasher and disposal
  • List Price per Sq Ft: 177.30
  • Lp Sp Ratio: 1.2073
  • View Type: Canyon, Pool, Panoramic, Mountain(s), Hills
  • Year Built: 1956
  • Listing I D: 21472848
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Member Fax: (760) 360-1342
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Land Type: Fee
  • Subdivision: Magnesia Falls Cove
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Hi-Speed Data Wiring, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Fireplace Features: Raised Hearth
  • Flooring: Carpet, Hardwood
  • Bedroom Features: All Bedrooms Down, Main Floor Primary Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: In Garage
  • Estimated Sq Ft: 1238.00
  • Windows Treatments: Custom Window Covering, Blinds, Tinted Windows, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Composition, Shingle
  • Fencing: Chain Link, Wood
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 75.00
  • Total Monthly Association Fees: 75.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 684413001
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.2200
  • Lot Size: 9583.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 19, 2018
Sold by
Herkimer Craig A and Herkimer Taryn W
Bought by
Herkimer Craig and Herkimer Taryn
Seller's Agent
Robyn Greenspan
Re/Max Associates
Buyer's Agent
Linda Herold
Coldwell Banker Realty
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,005,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,288
Avg. Annual Appreciation
5.44%

Purchase Details

Listed on
Apr 5, 2018
Closed on
Apr 19, 2018
Sold by
Ingrim Lee A and Ingrim Jana R
Bought by
Herkimer Craig A and Herkimer Taryn W
Seller's Agent
Robyn Greenspan
Re/Max Associates
Buyer's Agent
Linda Herold
Coldwell Banker Realty
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Outstanding Balance
$395,918
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$589,610

Purchase Details

Listed on
Apr 10, 2014
Closed on
Apr 18, 2014
Sold by
Western Equity Partners Inc
Bought by
Ingrim Lee A and Ingrim Jana R
Seller's Agent
Michele Levitt
Scott L. Levitt, Broker
Buyer's Agent
Michele Levitt
Scott L. Levitt, Broker
List Price
$497,000
Sold Price
$470,000
Premium/Discount to List
-$27,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$320,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2013
Closed on
May 21, 2013
Sold by
Gray Ryan
Bought by
Western Equity Partners Llc
Seller's Agent
Michael Schwartz
Coldwell Banker Realty
Buyer's Agent
Alex Dethier
The Paul Kaplan Group Inc
List Price
$219,500
Sold Price
$265,000
Premium/Discount to List
$45,500
20.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.36%
Original Mortgage
$175,000
Interest Rate
3.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2003
Sold by
Rauen Steven G and Rauen Nancy J
Bought by
Gray Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,150
Interest Rate
4.87%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Rauen Edwin E and Rauen Sandra S
Bought by
Rauen Steven G and Rauen Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.52%

Purchase Details

Closed on
Mar 15, 1995
Sold by
Hunt Robert A and Hunt Rebecca S
Bought by
Rauen Edwin E and Rauen Sandra S
Source: Public Records

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Range of Values:

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Sold Price
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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
Interfamily Deed Transfer -- Accommodation
Grant Deed $675,000 Lawyers Title Ie
Grant Deed $470,000 Orange Coast Title Company
Grant Deed $265,000 Equity Title Company
Grant Deed $255,500 First American Title Co
Interfamily Deed Transfer -- Lawyers Title
Individual Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,100 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $175,000 Unknown
Previous Owner $19,300 Credit Line Revolving
Previous Owner $364,000 Unknown
Previous Owner $35,000 Stand Alone Second
Previous Owner $217,150 No Value Available
Previous Owner $131,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $675,000 0.0% $451 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $675,000 +43.6% $451 / Sq Ft
05/27/2014 05/27/14 Sold $470,000 -5.4% $316 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
04/10/2014 04/10/14 Price Changed $497,000 0.0% $334 / Sq Ft
04/10/2014 04/10/14 For Sale $497,000 -0.2% $334 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/28/2014 03/28/14 Price Changed $498,000 -0.4% $335 / Sq Ft
03/07/2014 03/07/14 Price Changed $499,900 -3.8% $336 / Sq Ft
02/24/2014 02/24/14 Price Changed $519,500 -5.5% $349 / Sq Ft
02/04/2014 02/04/14 Price Changed $549,900 -8.3% $370 / Sq Ft
01/10/2014 01/10/14 Price Changed $599,900 -4.6% $403 / Sq Ft
12/12/2013 12/12/13 For Sale $629,000 0.0% $423 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $629,000 +137.4% $423 / Sq Ft
05/24/2013 05/24/13 Sold $265,000 +20.7% $214 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $219,500 -- $177 / 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 $10,407 $738,208 $221,462 $516,746
2022 $10,324 $723,734 $217,120 $506,614
2021 $10,104 $709,544 $212,863 $496,681
2020 $9,608 $702,270 $210,681 $491,589
2019 $9,457 $688,500 $206,550 $481,950
2018 $7,365 $519,885 $151,907 $367,978
2017 $7,262 $509,692 $148,929 $360,763
2016 $6,904 $486,699 $146,009 $340,690
2015 $6,664 $479,390 $143,817 $335,573
2014 $4,428 $290,300 $81,090 $209,210
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robyn Greenspan

    Re/Max Associates

  • L

    Buyer's Agent in 2018

    Linda Herold

    Coldwell Banker Realty

  • R

    Buyer Co-Listing Agent in 2018

    Robert Downing Tracy Boomer Group

    Bennion Deville Homes

  • R

    Buyer Co-Listing Agent in 2018

    Robert Downing

    Equity Union

    (760) 408-2965

    7 in this area

    169 Total Sales

    Robert Downing
    Section Image

  • B

    Buyer Co-Listing Agent in 2018

    Bespoke Real Estate Group

    Bennion Deville Homes

  • M

    Seller's Agent in 2014

    Michele Levitt

    Scott L. Levitt, Broker

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21472848

California Desert Association of REALTORS®

APN: 684-413-001

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71849 Magnesia Falls Dr, Rancho Mirage, CA

This home is located at 71849 Magnesia Falls Dr, Rancho Mirage, CA 92270 and is currently priced at $265,000, approximately $214 per square foot. This property was built in 1956. 71849 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.

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