NOT LISTED FOR SALE

71956 Magnesia Falls Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $1,444,139

-- Bed
-- Bath
4,569 Sq Ft
$316/Sq Ft Est. Value

About This Home

This home is located at 71956 Magnesia Falls, Rancho Mirage, CA 92270 and is currently estimated at $1,444,139, approximately $316 per square foot. 71956 Magnesia Falls is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Jaehoon Lee Properties Llc
Bought by
44850 San Pablo Llc
Current Estimated Value
$1,444,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Evans Gregory E and Evans Karen E
Bought by
Jaehoon Lee Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2016
Sold by
Weinstein Robert
Bought by
Evans Gregory E and Evans Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2012
Sold by
Glass Craig A and Seebode Julia E
Bought by
Weinstein Robert

Purchase Details

Closed on
Feb 17, 2004
Sold by
Rodd Paul Jeffrey
Bought by
Glass Craig A and Seebode Julia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1994
Sold by
Moore Roger Allen and Moore Susan Rebecca
Bought by
Va
Source: Public Records

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.

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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.

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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.

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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.

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Average Value
Not Available
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
44850 San Pablo Llc $1,400,000 First American Title
44850 San Pablo Llc $1,400,000 First American Title
Jaehoon Lee Properties Llc $1,464,000 Orange Coast Title Company
Evans Gregory E $980,000 Fntg
Weinstein Robert $400,000 Fidelity National Title Co
Glass Craig A $750,000 Orange Coast Title Co
Va $111,025 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 44850 San Pablo Llc $950,000
Previous Owner Jaehoon Lee Properties Llc $250,000
Previous Owner Jaehoon Lee Properties Llc $36,000
Previous Owner Jaehoon Lee Properties Llc $1,128,000
Previous Owner Evans Gregory E $1,150,000
Previous Owner Glass Craig A $350,000
Closed Glass Craig A $350,000
Source: Public Records

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 $24,703 $1,538,923 $420,470 $1,118,453
2022 $24,301 $1,508,749 $412,226 $1,096,523
2021 $24,501 $1,479,167 $404,144 $1,075,023
2020 $22,361 $1,464,000 $400,000 $1,064,000
2019 $16,097 $1,019,592 $416,160 $603,432
2018 $15,766 $999,600 $408,000 $591,600
2017 $13,817 $980,000 $400,000 $580,000
2016 $5,765 $424,410 $353,324 $71,086
2015 $5,565 $418,037 $348,018 $70,019
2014 $5,523 $409,850 $341,201 $68,649
Source: Public Records

Map

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71956 Magnesia Falls, Rancho Mirage, CA

This home is located at 71956 Magnesia Falls, Rancho Mirage, CA 92270 and is currently estimated at $1,444,139, approximately $316 per square foot. 71956 Magnesia Falls is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

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