71922 Desert Dr Rancho Mirage, CA 92270
Magnesia Falls Cove Neighborhood
4
Beds
4.5
Baths
6,277
Sq Ft
0.9
Acres
Highlights
- Additional Residence on Property
- Art Studio
- Gourmet Kitchen
- Second Kitchen
- Heated In Ground Pool
- All Bedrooms Downstairs
About This Home
As of March 2021Just Reduced ... Extremely Motivated Sellers. Stunning, private Hacienda Style Estate situated on park like grounds with mountain views and no neighbors' on two sides. Elegant great room with fireplace and French doors opening to an outdoor living room with TV and additional fireplace. Master suite with sitting area, large ensuite bathroom and separate office. Completely separate second one bedroom residence with art studio, alfresco dining area and one car garage. Home was fully remodeled in 2005 by high end custom home builder and interior designer. Close to hiking trails, fantastic shopping, dining, and Eisenhower Medical Center, this truly unique residence would be a perfect investment property or a wonderful family compound.
Last Agent to Sell the Property
Richard Bartholomew
The Agency License #01231571 Listed on: 10/06/2016
Co-Listed By
Gregg Fletcher
The Agency License #01070310
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,634
Year Built
- Built in 1975
Lot Details
- 0.9 Acre Lot
- South Facing Home
- Wood Fence
- Landscaped
- Premium Lot
- Paved or Partially Paved Lot
- Sprinkler System
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 3 Car Attached Garage
Property Views
- Mountain
- Desert
Home Design
- Custom Home
- Farmhouse Style Home
- Slab Foundation
- Tile Roof
- Stucco Exterior
Interior Spaces
- 6,277 Sq Ft Home
- 4-Story Property
- Wired For Sound
- Wired For Data
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Log Fireplace
- Awning
- Blinds
- French Doors
- Great Room with Fireplace
- 4 Fireplaces
- Family Room
- Living Room with Fireplace
- Dining Room
- Den
- Art Studio
Kitchen
- Gourmet Kitchen
- Updated Kitchen
- Second Kitchen
- Walk-In Pantry
- Butlers Pantry
- Gas Cooktop
- Recirculated Exhaust Fan
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- Walk-In Closet
- Dressing Area
- Remodeled Bathroom
- Low Flow Toliet
- Shower Only in Secondary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Gunite Pool
- Outdoor Pool
Outdoor Features
- Enclosed patio or porch
- Outdoor Fireplace
- Gazebo
- Built-In Barbecue
Additional Homes
- Additional Residence on Property
- Fireplace in Guest House
Utilities
- Forced Air Zoned Heating and Cooling System
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
- Satellite Dish
- Cable TV Available
Community Details
- Magnesia Falls Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 682351008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2020
Closed on
Feb 2, 2021
Sold by
Wolfe David A and Wilson Kathryn
Bought by
Hamblin Shannon and Kreaden Michael
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Deirdre Coit
Compass
List Price
$1,999,000
Sold Price
$1,850,000
Premium/Discount to List
-$149,000
-7.45%
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
$782,570
Avg. Annual Appreciation
8.80%
Original Mortgage
$1,480,000
Outstanding Balance
$1,338,718
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,328,982
Purchase Details
Listed on
Oct 6, 2016
Closed on
Jun 22, 2017
Sold by
George Eben and George Sharon
Bought by
Wolfe David A and Wilson Kathryn
Seller's Agent
Richard Bartholomew
The Agency
Buyer's Agent
Peter Roa
BD Homes-The Paul Kaplan Group
List Price
$1,999,000
Sold Price
$1,525,000
Premium/Discount to List
-$474,000
-23.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$1,165,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 1, 2010
Sold by
George Eben and George Sharon
Bought by
George Eben and George Sharon
Purchase Details
Closed on
Apr 19, 2005
Sold by
Anderson Judith E
Bought by
Anderson Judith E and George Eben
Purchase Details
Closed on
May 19, 2004
Sold by
Ernst Charles and Wettstein Weidmann Hilde Annelise
Bought by
Ernst Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
May 13, 2004
Sold by
Ernst Charles
Bought by
Anderson Judith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Oct 16, 2003
Sold by
Ernst Charles and Wettstein Weidmann Hilde Annelise
Bought by
Ernst Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 18, 1998
Sold by
Ernst Charles
Bought by
Ernst Charles and Wettstein Weidmann Hilde Annelise
Purchase Details
Closed on
Mar 5, 1998
Sold by
Darst Laurence M and Darst Betty L
Bought by
Ernst Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.06%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Aug 2, 1993
Sold by
Darst Laurence M and Darst Betty L
Bought by
Darst Laurence M and Darst Betty L
Similar Homes in Rancho Mirage, CA
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 | $1,850,000 | First American Title Company | |
| Grant Deed | $1,525,000 | Lawyers Title Ie | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Grant Deed | $650,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | Fidelity Natl Financial Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $270,000 | Fidelity National Title Ins | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,480,000 | New Conventional | |
| Previous Owner | $1,165,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $995,000 | New Conventional | |
| Previous Owner | $520,000 | Stand Alone First | |
| Previous Owner | $60,200 | Credit Line Revolving | |
| Previous Owner | $189,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2021 03/18/21 | Sold | $1,850,000 | -7.5% | $353 / Sq Ft |
| 11/02/2020 11/02/20 | For Sale | $1,999,000 | +31.1% | $381 / Sq Ft |
| 07/26/2017 07/26/17 | Sold | $1,525,000 | -12.9% | $243 / Sq Ft |
| 06/17/2017 06/17/17 | Pending | -- | -- | -- |
| 05/17/2017 05/17/17 | Price Changed | $1,750,000 | -2.7% | $279 / Sq Ft |
| 04/16/2017 04/16/17 | Price Changed | $1,799,000 | -2.7% | $287 / Sq Ft |
| 03/22/2017 03/22/17 | Price Changed | $1,849,000 | -5.2% | $295 / Sq Ft |
| 02/19/2017 02/19/17 | Price Changed | $1,950,000 | -2.5% | $311 / Sq Ft |
| 10/06/2016 10/06/16 | For Sale | $1,999,000 | -- | $318 / 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 | $25,634 | $1,924,740 | $494,190 | $1,430,550 |
| 2022 | $25,472 | $1,887,000 | $484,500 | $1,402,500 |
| 2021 | $21,637 | $1,603,046 | $399,447 | $1,203,599 |
| 2020 | $20,521 | $1,586,610 | $395,352 | $1,191,258 |
| 2019 | $20,176 | $1,555,500 | $387,600 | $1,167,900 |
| 2018 | $19,810 | $1,525,000 | $380,000 | $1,145,000 |
| 2017 | $15,232 | $1,145,585 | $240,199 | $905,386 |
| 2016 | $14,795 | $1,123,124 | $235,490 | $887,634 |
| 2015 | $14,263 | $1,106,254 | $231,953 | $874,301 |
| 2014 | $14,166 | $1,084,586 | $227,410 | $857,176 |
Source: Public Records
Agents Affiliated with this Home
-
Deirdre Coit
Seller's Agent in 2021
Deirdre Coit
Compass
(760) 835-1006
1 in this area
114 Total Sales
-
S
Buyer Co-Listing Agent in 2021
Susan Canavan
Coldwell Banker Residential Brokerage
-
Sue canavan
S
Buyer Co-Listing Agent in 2021
Sue canavan
Compass
(760) 808-1372
1 in this area
40 Total Sales
-
R
Seller's Agent in 2017
Richard Bartholomew
The Agency
-
G
Seller Co-Listing Agent in 2017
Gregg Fletcher
The Agency
-
Peter Roa
Buyer's Agent in 2017
Peter Roa
BD Homes-The Paul Kaplan Group
(760) 218-3349
48 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 216028980
APN: 682-351-008
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.
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
- 0 Hwy 111 & Magnesia Falls Dr Unit 219123774DA
- 71606 Biskra Rd
- 71519 Biskra Rd
- 42602 Rancho Mirage Ln
- 71521 Halgar Rd
- 0 44th Ave
- 71528 Estellita Dr
- 42503 Rancho Mirage Ln
- 71533 Tangier Rd
- 71430 Halgar Rd
- 71433 Estellita Dr
- 42278 Dunes View Rd Unit 28
- 42336 Dunes View Rd Unit 12
- 0 Sahara Rd Unit 219122415DA
- 72440 Cactus Dr
- 71370 Gardess Rd
- 71489 Mirage Rd
- 56 White Sun Way
- 16 White Sun Way
- 17 Toledo Dr