$1,775,000
SOLD OCT 5, 2020

72058 Clancy Ln Rancho Mirage, CA 92270

4 Beds
4.5 Baths
4,595 Sq Ft
2.53 Acres

Recently Sold

$386 Per Sq Ft

4% Below List Price

196 Days on Market

Highlights

  • Guest House
  • Barn
  • Tennis Courts
  • James Earl Carter Elementary School Rated A-
  • Riding Ring
  • In Ground Pool

About This Home

As of November 2023

Clancy Downs | Decompress on this rare 2.53 Acre Private Estate situated on Clancy Lane in the heart of Rancho Mirage just minutes from downtown, shopping, golf, tennis and hiking. This relaxing Old-World Contemporary, its two guest houses, triple garage, equestrian stables and grass tennis court offer a unique and extraordinary desert lifestyle with utmost privacy. Enter through private gates onto beautiful grounds, an 80' Pool and fire-pit sitting area, shaded patios surround main house to relax outside and grass Tennis Court for the tennis talent. A warm interior with flagstone flooring, exposed beams, wood-lined ceilings and plaster finish walls. Flexible floor plan with open living and dining, den/media area plus wet-bar overlooking grounds and pool. Spacious master suite with sitting area and large rustic yet lavish bath, plus a comfortable guest suite. There are two guest houses, a triple garage, 5-stall barn and sizable pasture. If you love acreage and privacy, yet close to town, this is it.

Last Agent to Sell the Property

David Kibbey

Desert Sotheby's International Realty License #01341384 Listed on: 03/10/2020

Desert Sotheby's International Realty

Last Buyer's Agent

Jennifer Parker-Stanton

Deasy Penner Podley License #01728184

Deasy Penner Podley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,071

Year Built

  • Built in 1984

Lot Details

  • 2.53 Acre Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Property Views

  • Panoramic
  • Mountain

Home Design

  • Custom Home

Interior Spaces

  • 4,595 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Security System Leased

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Tennis Courts
  • Outdoor Fireplace
  • Casita
  • Outdoor Grill

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Guest House
  • Barn
  • Riding Ring

Community Details

  • Clancy Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 682110003

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,071

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 402.39
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s), Panoramic
  • Year Built: 1984
  • Listing I D: 219042273
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 561-9333
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 200 S. Los Robles, Ste100, Pasadena, CA 91101
  • Selling Office Fax: (626) 578-0520
  • Land Type: Fee
  • Subdivision: Clancy Lane
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room, Master Bedroom
  • Fireplace Features: Gas Log
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 4595.00

Exterior Features

  • Other Features: Barbeque Private, Custom Built, Riding/Stables, Tennis Court
  • Other Structures: Barn(s), Guest House/Casita
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Zoned
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Leased
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682110003
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 2.5300
  • Lot Size: 110207.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Dec 11, 2023
Sold by
Billaud Robert and Billaud Ina Sharlyn
Bought by
Billaud Robert and Billaud Ina Sharlyn
Seller's Agent
Jennifer Parker-Stanton
COMPASS
Buyer's Agent
James Wilson
Deasy Penner Podley
List Price
$4,380,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,480,000
-33.79%
Views
332
Current Estimated Value
$3,151,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,857
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Mar 27, 2023
Closed on
Oct 27, 2023
Sold by
Milner Family Trust
Bought by
Jennifer Schlief Morgan 2012 Irrevocable Trus and Morgan
Seller's Agent
Jennifer Parker-Stanton
COMPASS
Buyer's Agent
James Wilson
Deasy Penner Podley
List Price
$4,380,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,480,000
-33.79%
Views
332

Purchase Details

Closed on
Apr 13, 2023
Sold by
Milner Family Trust
Bought by
Milner Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,400,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2020
Closed on
Aug 24, 2020
Sold by
Sullivan John Francis and Sullivan Graetel Gerdts
Bought by
Milner Gavin D and Milner Anna Roth
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Jennifer Parker-Stanton
Deasy Penner Podley
List Price
$1,849,000
Sold Price
$1,775,000
Premium/Discount to List
-$74,000
-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
12.36%
Original Mortgage
$1,236,000
Interest Rate
2.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Sullivan John Francis and Sullivan Graetel Gerdts
Bought by
The John & Graetel Sullivan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 15, 2012
Sold by
Sullivan John Francis and Sullivan Graetel Gerdis
Bought by
Sullivan John Francis and Sullivan Graetel Gerdts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
3.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 15, 2009
Sold by
Sullivan John F and Sullivan Graetel
Bought by
Sullivan John Frances and Sullivan Graetel Gerdts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,290
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 16, 1999
Sold by
Lowe Enterprises Inc
Bought by
The City Of Rancho Mirage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
2.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 1998
Sold by
Lowe Enterprises
Bought by
Sullivan John F and Sullivan Graetel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1994
Sold by
Schwammle Dieter O
Bought by
Lowe Enterprises Inc

Purchase Details

Closed on
Mar 8, 1994
Sold by
Lowe Enterprises Inc
Bought by
Schwammle Dieter O
Source: Public Records

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Range of Values:

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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
Grant Deed -- None Listed On Document
Grant Deed $2,900,000 Lawyers Title
Grant Deed -- Chicago Title
Grant Deed $1,775,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- Stewart Title Company
Grant Deed $1,030,000 First American Title Co
Grant Deed -- First American Title Ins Co
Grant Deed $1,030,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,400,000 New Conventional
Previous Owner $1,236,000 New Conventional
Previous Owner $1,030,000 Adjustable Rate Mortgage/ARM
Previous Owner $130,000 Credit Line Revolving
Previous Owner $1,030,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,043,000 New Conventional
Previous Owner $847,290 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,000 Credit Line Revolving
Previous Owner $925,000 Unknown
Previous Owner $735,000 Unknown
Previous Owner $500,000 Purchase Money Mortgage
Closed $230,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $2,900,000 -3.3% $568 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $3,000,000 -7.7% $588 / Sq Ft
08/29/2023 08/29/23 Price Changed $3,250,000 -7.1% $637 / Sq Ft
08/04/2023 08/04/23 Price Changed $3,500,000 -5.4% $685 / Sq Ft
07/27/2023 07/27/23 Price Changed $3,700,000 -5.1% $725 / Sq Ft
07/18/2023 07/18/23 Price Changed $3,900,000 -6.0% $764 / Sq Ft
05/12/2023 05/12/23 Price Changed $4,150,000 -5.3% $813 / Sq Ft
03/26/2023 03/26/23 For Sale $4,380,000 +146.8% $858 / Sq Ft
10/05/2020 10/05/20 Sold $1,775,000 -4.0% $386 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $1,849,000 -- $402 / 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
2025 $36,071 $5,028,597 $887,401 $4,141,196
2023 $36,071 $1,536,497 $64,933 $1,471,564
2022 $18,859 $1,506,370 $63,660 $1,442,710
2021 $22,123 $1,775,000 $75,000 $1,700,000
2020 $18,413 $1,478,563 $622,549 $856,014
2019 $18,063 $1,449,573 $610,343 $839,230
2018 $17,721 $1,421,151 $598,377 $822,774
2017 $17,680 $1,393,287 $586,645 $806,642
2016 $17,203 $1,365,969 $575,143 $790,826
2015 $17,191 $1,345,453 $566,504 $778,949
2014 -- $1,319,100 $555,408 $763,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219042273

California Desert Association of REALTORS®

APN: 682-110-003