NOT LISTED FOR SALE

71983 Desert Dr Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $756,000 - $1,144,000

3 Beds
2.5 Baths
1,990 Sq Ft
$500/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $770,000 $387 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,437/month

51 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • 0.66 Acre Lot
  • Corner Lot
  • Home Office

About This Home

As of August 2021

INVESTOR ALERT!! Located in the red hot Magnesia Falls Cove neighborhood of Rancho Mirage, this FIXER is ready for a serious buyer! At a "rarely available" 0.66 acre, the next owner has the opportunity to greatly expand the size of this home AND reposition it as a luxury property in one of the best locations in Rancho Mirage. The existing home from the late 1940's exudes ranch charm, with a wrap around back patio overlooking the pool and yard. The seller has removed the drywall and dropped ceiling from nearly every room, preparing the home for the next phase. With a nearby home on the same street recently selling for $1,850,000, the values in this location show considerable strength. Be sure to view the 3D video. This home is simply waiting for someone with the vision and motivation to take this fantastic property to the next level!

Last Agent to Sell the Property

Brian Wilson

Bennion Deville Homes License #01281703 Listed on: 06/09/2021

Bennion Deville Homes

Last Buyer's Agent

Brian Wilson

License #01281703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,167

Year Built

  • Built in 1949

Lot Details

  • 0.66 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Sprinklers on Timer
  • Property is zoned R1

Home Design

  • Fixer Upper
  • Slab Foundation
  • Unfinished Walls
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Concrete Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Shed
  • Built-In Barbecue

Utilities

  • Central Heating
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 682-352-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,167

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: INVESTOR ALERT!! Located in the red hot Magnesia Falls Cove neighborhood of Rancho Mirage, this FIXER is ready for a serious buyer! At a "rarely available" 0.66 acre, the next owner has the opportunity to greatly expand the size of this home AND reposition it as a luxury property in one of the best locations in Rancho Mirage. The existing home from the late 1940's exudes ranch charm, with a wrap around back patio overlooking the pool and yard. The seller has removed the drywall and dropped ceiling from nearly every room, preparing the home for the next phase. With a nearby home on the same street recently selling for $1,850,000, the values in this location show considerable strength. This home is simply waiting for someone with the vision and motivation to take this fantastic property to the next level!
  • Builders Tract Code: 2570
  • Entry Location: Ground Level - no steps
  • Living Area: 1990
  • Lot Acreage: 0.6600
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1949
  • Builders Tract Name: Magnesia Falls Cove
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Unfinished Walls
  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Appliances: Range, Built-In BBQ
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall, Powder Room
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Room, Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 396.98

Exterior Features

  • Direction Faces: South
  • Construction: Wood Siding
  • Other Structures: Shed(s)
  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Chain Link
  • Patio: Covered Porch, Porch - Front, Porch - Rear
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Shingle
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway - Gravel
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Connected and Paid
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 682-352-001
  • Lot Description: Lot Shape-Rectangular, Yard, Street Paved
  • Lot Location: Corner Lot, Cul-De-Sac
  • Lot Size Area: 28750

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 2, 2021
Sold by
Faulks Matthew James and Faulks Tara Rose
Bought by
Mobine Abbas and Mobine Cecilia
Seller's Agent
Brian Wilson
Bennion Deville Homes
Buyer's Agent
Brian Wilson
Bennion Deville Homes
List Price
$790,000
Sold Price
$770,000
Premium/Discount to List
-$20,000
-2.53%
Current Estimated Value
$994,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,096
Avg. Annual Appreciation
6.68%
Original Mortgage
$520,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 7, 2020
Closed on
Oct 26, 2020
Sold by
Dechristopher Steven and Dechristopher Elizabeth M
Bought by
Faulks Matthew James and Faulks Tara Rose
Seller's Agent
Phyllis Dawson-Brewer
R Lovett Enterprises
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.71%
Original Mortgage
$517,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Dechristopher Steven and De Christopher M
Bought by
Dechristopher Steven and Dechristopher Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2019
Sold by
Dechristopher Steven and De Christopher M Elizabeth
Bought by
Dechristopher Steven and Dechristopher Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,725
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Dechristopher Steven De and Dechristopher Marion De
Bought by
Dechristopher Steven and Dechristopher Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,617
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2017
Sold by
Dechristopher Steven and Dechristopher Marion Elizabeth
Bought by
Dechristopher Steven and Elizabeth Dechristopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,812
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2011
Sold by
Dechristopher Steven and De Christopher Marion Elizabeth
Bought by
Dechristopher Steven and Dechristopher Elizabeth M

Purchase Details

Closed on
Jan 3, 2000
Sold by
Fischer Donald D Trustee and Donald D Fischer Family Trust
Bought by
Dechristopher Steven and Dechristopher Marion Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 1998
Sold by
Waggoner Mary Ann
Bought by
Donald D Fischer Family Trust

Purchase Details

Closed on
Jun 25, 1996
Sold by
Hopkins Wanda and Greenleaf Blaine Sidney
Bought by
Waggoner Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.39%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mobine Abbas $770,000 Orange Coast Title Company
Faulks Matthew James $690,000 Lawyers Title Company
Dechristopher Steven -- Amrock Inc
Dechristopher Steven -- Amrock Inc
Dechristopher Steven -- None Available
Dechristopher Steven -- Title Source Inc
Dechristopher Steven -- Fidelity National Title
Dechristopher Steven -- Fidelity National Title
Dechristopher Steven -- North American Title Company
Dechristopher Steven -- North American Title Company
Dechristopher Steven -- None Available
Dechristopher Steven $135,500 First American Title Co
Donald D Fischer Family Trust $70,000 Chicago Title Co
Waggoner Mary Ann $110,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mobine Abbas $530,500
Closed Mobine Abbas $520,000
Previous Owner Faulks Matthew James $517,500
Previous Owner Dechristopher Steven $345,000
Previous Owner Dechristopher Steven $326,725
Previous Owner Dechristopher Steven $326,617
Previous Owner Dechristopher Steven $279,812
Previous Owner Dechristopher Steven $226,000
Previous Owner Dechristopher Steven $60,000
Previous Owner Dechristopher Steven $30,000
Previous Owner Dechristopher Steven $145,500
Previous Owner Dechristopher Steven $143,200
Previous Owner Dechristopher Steven $130,000
Previous Owner Waggoner Mary Ann $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $770,000 -2.5% $387 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/14/2021 07/14/21 Price Changed $790,000 0.0% $397 / Sq Ft
07/14/2021 07/14/21 For Sale $790,000 -1.9% $397 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $805,000 0.0% $405 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $805,000 +16.7% $405 / Sq Ft
11/23/2020 11/23/20 Sold $690,000 -6.1% $345 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $735,000 +1.4% $368 / Sq Ft
09/07/2020 09/07/20 For Sale $725,000 -- $363 / Sq Ft
Source: The MLS

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 $11,167 $1,256,914 $454,621 $802,293
2023 $11,167 $785,400 $428,400 $357,000
2022 $11,086 $770,000 $420,000 $350,000
2021 $10,306 $690,000 $150,000 $540,000
2020 $3,320 $190,404 $120,147 $70,257
2019 $3,283 $186,672 $117,792 $68,880
2018 $3,246 $183,013 $115,482 $67,531
2017 $3,205 $179,425 $113,218 $66,207
2016 $3,131 $175,908 $110,999 $64,909
2015 $3,031 $173,268 $109,333 $63,935
2014 $3,029 $169,877 $107,193 $62,684
Source: Public Records

Agents Affiliated with this Home

  • Brian Wilson

    Seller's Agent in 2021

    Brian Wilson

    Bennion Deville Homes

    (949) 500-6109

    2 in this area

    26 Total Sales

    Brian Wilson
    Section Image

  • P

    Seller's Agent in 2020

    Phyllis Dawson-Brewer

    R Lovett Enterprises

See All Agents

Map

Source: The MLS

MLS Number: 21-745544

The MLS

APN: 682-352-001

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

71983 Desert Dr, Rancho Mirage, CA

This home is located at 71983 Desert Dr, Rancho Mirage, CA 92270 since 09 June 2021 and is currently estimated at $994,096, approximately $499 per square foot. This property was built in 1949. 71983 Desert 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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