NOT LISTED FOR SALE

71940 Jaguar Way Palm Desert, CA 92260

Estimated Value: $2,390,000 - $2,810,000

3 Beds
4 Baths
3,104 Sq Ft
$822/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $2,355,000 $759 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,953/month

113 Days on Market

Highlights

  • Heated Infinity Pool
  • Casita
  • Living Room with Fireplace
  • Palm Desert High School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of August 2023

An impressive Short Term Rental investment opportunity, this modern European estate is nestled in the foothills of Palm Desert. Asymphony of old-world materials and contemporary design, this 1.05 Acre property will transport you to another world. Surrounded by lush landscape withhundreds of species, the rushing of a waterfall, and the constant chatter of local fauna you will feel a sense of peace and relaxation. Custom finishes abound inthis estate, with wood plank inlayed concrete floors, cobblestone driveway, onyx countertops, antique doors, and stone clad walls. The attention to detailcontinues to the exterior with an infinity edge waterfall pool and spa, solid granite chairs, carved boulder fire pit, and two hand crafted permanent concrete andstone exterior dining tables. This is a truly special property with beauty that is unrivaled by anything else on the market. Styled and staged by Lolo Interiors.

Last Agent to Sell the Property

Nathaniel Moulton

Lux Box Agency License #01990411 Listed on: 04/16/2023

Last Buyer's Agent

Spencer Wampole

Spencer G.Wampole License #01749207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,166

Year Built

  • Built in 1981

Lot Details

  • 1.05

Property Views

  • Mountain
  • Desert
  • Pool

Interior Spaces

  • 3,104 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Prewired Security

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Attached Garage
  • Porte-Cochere
  • Garage Door Opener
  • Driveway

Pool

  • Heated Infinity Pool
  • Pebble Pool Finish
  • Heated Spa
  • In Ground Spa
  • Ceramic Spa Tile
  • Waterfall Pool Feature

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Additional Features

  • Casita
  • 1.05 Acre Lot

Community Details

  • Cahuilla Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 628400056

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,166

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 772.87
  • Lp Sp Ratio: 0.9800
  • View Type: Desert, Pool, Mountain(s)
  • Year Built: 1981
  • Listing I D: 219093746
  • Listing Member Address: 72245 El Paseo, Palm Desert, CA 92260
  • Listing Office Address: 72245 El Paseo, Palm Desert, CA 92260
  • Listing Office Fax: (760) 346-1155
  • Selling Office Address: 17 Coronel Place, Aliso Viejo, CA 92656
  • Land Type: Fee
  • Subdivision: Cahuilla Hills
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Concrete, Tile, Wood
  • Total Bedrooms: 3
  • Total Bathrooms: 4.00
  • Three Quarter Bathrooms: 4
  • Estimated Sq Ft: 3104.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Waterfall, Infinity, Black Bottom
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Tile
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Porte-Cochere, Driveway, Garage Door Opener
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 13.00
  • Total Uncovered Assigned Spaces: 10.00

Utilities

  • Cooling Type: Central Air, Zoned, Wall/Window Unit(s)
  • Heating: Central, Zoned
  • Security: Prewired For Alarm
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 628400056
  • Lot Acres: 1.0500
  • Lot Size: 45738.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Aug 14, 2023
Sold by
Blum Michael and Blum Julia
Bought by
Hollycrest House Llc
Seller's Agent
Nathaniel Moulton
Lux Box Agency
Buyer's Agent
Spencer Wampole
Spencer G.Wampole
List Price
$2,495,000
Sold Price
$2,355,000
Premium/Discount to List
-$140,000
-5.61%
Current Estimated Value
$2,550,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,310
Avg. Annual Appreciation
3.85%
Original Mortgage
$1,900,000
Outstanding Balance
$1,857,900
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$692,410

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 5, 2022
Sold by
Elachi Family Trust
Bought by
Blum Michael and Blum Julia
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Nathaniel Moulton
Lux Box Agency
List Price
$2,200,000
Sold Price
$2,205,000
Premium/Discount to List
$5,000
0.23%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$1,543,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jan 30, 2018
Sold by
Munns Richard L and Munns Susan M
Bought by
Elachi Charles and Gifford Elachi Valerie
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Abraham Baghbodorian
Tarbell REALTORS
List Price
$1,589,000
Sold Price
$1,400,000
Premium/Discount to List
-$189,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Apr 6, 2007
Sold by
Roberts Kenneth and Roberts Jennifer Elaine
Bought by
Munns Richard L and Munns Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.45%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
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 Buyer Sale Price Title Company
Hollycrest House Llc $2,355,000 First American Title
Blum Michael $2,205,000 None Listed On Document
Elachi Charles $1,260,000 Lawyers Title Company
Munns Richard L $500,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollycrest House Llc $1,900,000
Previous Owner Blum Michael $1,543,500
Previous Owner Munns Richard L $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $2,355,000 -1.8% $759 / Sq Ft
06/20/2023 06/20/23 Price Changed $2,399,000 -2.0% $773 / Sq Ft
05/19/2023 05/19/23 Price Changed $2,449,000 -1.8% $789 / Sq Ft
04/16/2023 04/16/23 For Sale $2,495,000 +13.2% $804 / Sq Ft
08/19/2022 08/19/22 Sold $2,205,000 +0.2% $800 / Sq Ft View Prior Sale
07/05/2022 07/05/22 For Sale $2,200,000 +57.1% $798 / Sq Ft
03/01/2018 03/01/18 Sold $1,400,000 -11.9% $508 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $1,589,000 -- $577 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $29,166 $2,402,100 $724,200 $1,677,900
2023 $29,166 $2,205,000 $75,000 $2,130,000
2022 $16,685 $1,350,972 $268,049 $1,082,923
2021 $16,338 $1,324,484 $262,794 $1,061,690
2020 $16,026 $1,310,904 $260,100 $1,050,804
2019 $15,793 $1,285,200 $255,000 $1,030,200
2018 $9,189 $741,333 $518,092 $223,241
2017 $8,995 $726,798 $507,934 $218,864
2016 $8,767 $712,548 $497,975 $214,573
2015 $8,792 $701,846 $490,496 $211,350
2014 $8,501 $688,100 $480,889 $207,211
Source: Public Records

Agents Affiliated with this Home

  • Nathaniel Moulton

    Seller's Agent in 2023

    Nathaniel Moulton

    Lux Box Agency

    (760) 313-0800

    50 Total Sales

    Nathaniel Moulton
    Section Image

  • S

    Buyer's Agent in 2023

    Spencer Wampole

    Spencer G.Wampole

    (949) 466-8593

    4 Total Sales

    Spencer Wampole
    Section Image
  • David Kibbey

    Seller's Agent in 2022

    David Kibbey

    Desert Sotheby's International Realty

    (760) 774-0105

    107 Total Sales

    David Kibbey
    Section Image

  • A

    Buyer's Agent in 2018

    Abraham Baghbodorian

    Tarbell REALTORS

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219093746

Greater Palm Springs Multiple Listing Service

APN: 628-400-056

California Riverside County Palm Desert 92260

71940 Jaguar Way, Palm Desert, CA

This home is located at 71940 Jaguar Way, Palm Desert, CA 92260 since 16 April 2023 and is currently estimated at $2,550,310, approximately $821 per square foot. This property was built in 1981. 71940 Jaguar Way is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

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.

Greater Palm Springs Multiple Listing Service 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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