NOT LISTED FOR SALE

72261 Magnesia Falls Dr Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $1,095,000 - $1,293,000

3 Beds
2 Baths
1,872 Sq Ft
$625/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $850,000 $454 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,325/month

47 Days on Market

Highlights

  • Tennis Courts
  • Art Studio
  • Solar Power System
  • James Earl Carter Elementary School Rated A-
  • In Ground Pool
  • Mountain View

About This Home

As of September 2020

Tennis anyone? Welcome to this very private 3+ bedroom and 2 baths mini tennis estate. Situated on a gorgeous oversized lot with breathtaking mountain views, this home could be your own private resort complete with tennis court and saltwater pool and spa. There are numerous upgrades, including a fully owned solar system, electric car charging station in garage, updated kitchen, and much more. There is a bonus room/office for which the current owner has plans to add a bath onto. Best of all, this property is located close to great shopping and restaurants, such as Whole Foods and the world-class El Paseo shopping district. Don't miss the opportunity to enjoy this desert oasis and to be near Palm Springs and Palm Desert. Contact agent for link to video and virtual tour.

Last Agent to Sell the Property

Alex Dethier

BD Homes-The Paul Kaplan Group License #01926911 Listed on: 07/03/2020

Last Buyer's Agent

Kristin Rain

Bennion Deville Home Referrals License #01789500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,005

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 160x120
  • South Facing Home
  • Sprinkler System
  • Property is zoned ESF

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Art Studio
  • Tile Flooring
  • Mountain Views
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Outdoor Grill

Additional Features

  • Solar Power System
  • Ground Level Unit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 682-360-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,005

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Builders Tract Code: Not in a Development
  • Living Area: 1872
  • Lot Acreage: 0.4400
  • Lot Dimensions: 160x120
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1979
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 469.55

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Private
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached, Garage, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Volt 220: In Garage
  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 682-360-008
  • Geocode Override: No
  • Lot Size Area: 19166

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 17, 2020
Sold by
Breau Alyer J and Deocera Rodney
Bought by
Kazan Wayne and Lee Sylvia
Seller's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
Buyer's Agent
Kristin Rain
Bennion Deville Home Referrals
List Price
$879,000
Sold Price
$850,000
Premium/Discount to List
-$29,000
-3.3%
Current Estimated Value
$1,169,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,990
Avg. Annual Appreciation
6.65%
Original Mortgage
$510,000
Outstanding Balance
$454,642
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$715,348

Purchase Details

Listed on
Jan 9, 2014
Closed on
Apr 10, 2014
Sold by
Kimmes Jeffery Marland and Kimmes Nancy Lynn
Bought by
Breau Alyer J and Deocera Rodney
Seller's Agent
John Jay
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$320,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2012
Closed on
Apr 9, 2013
Sold by
Abadie Clare F
Bought by
Kimmes Jeffrey Marland and Kimmes Nancy Lynn
Seller's Agent
John Sloan
Keller Williams Realty
Buyer's Agent
John Sloan
Keller Williams Realty
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
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
56.24%

Purchase Details

Closed on
Nov 4, 2002
Sold by
Moonan Mike
Bought by
Abadie Clare F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,400
Interest Rate
7.5%

Purchase Details

Closed on
Oct 25, 2002
Sold by
Labianca James M and Labianca Cristina M
Bought by
Abadie Clare F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,400
Interest Rate
7.5%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Labianca James M and Labianca Cristina M
Bought by
Labianca James M and Labianca Cristina M
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
Kazan Wayne $850,000 Chicago Title
Breau Alyer J $640,000 Orange Coast Title Company
Kimmes Jeffrey Marland $390,000 Orange Coast Title Co
Abadie Clare F -- Southland Title
Abadie Clare F $430,000 Southland Title
Labianca James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazan Wayne $510,000
Previous Owner Breau Alyer J $110,000
Previous Owner Breau Alyer J $320,000
Previous Owner Abadie Clare F $548,000
Previous Owner Abadie Clare F $445,400
Previous Owner Abadie Clare F $328,400
Closed Abadie Clare F $82,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $850,000 -3.3% $454 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $879,000 +37.3% $470 / Sq Ft
05/19/2014 05/19/14 Sold $640,000 -8.4% $320 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $699,000 +79.2% $350 / Sq Ft
04/09/2013 04/09/13 Sold $390,000 +4.0% $208 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $375,000 -- $200 / 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 $12,005 $920,066 $276,020 $644,046
2023 $12,005 $884,340 $265,302 $619,038
2022 $11,532 $867,000 $260,100 $606,900
2021 $11,300 $850,000 $255,000 $595,000
2020 $19,423 $717,367 $215,208 $502,159
2019 $19,258 $703,302 $210,989 $492,313
2018 $19,098 $689,512 $206,852 $482,660
2017 $18,920 $675,994 $202,797 $473,197
2016 $8,882 $662,740 $198,821 $463,919
2015 $8,900 $652,787 $195,836 $456,951
2014 $5,713 $391,770 $117,531 $274,239
Source: Public Records

Agents Affiliated with this Home

  • Alex Dethier

    Seller's Agent in 2020

    Alex Dethier

    BD Homes-The Paul Kaplan Group

    (760) 808-3300

    2 in this area

    283 Total Sales

    Alex Dethier
    Section Image

  • K

    Buyer's Agent in 2020

    Kristin Rain

    Bennion Deville Home Referrals

    Section Image

  • J

    Seller's Agent in 2014

    John Jay

    Bennion Deville Homes

  • O

    Buyer's Agent in 2014

    Out Side Agent

    Desert Real Estate Consultants, Inc.

  • John Sloan

    Seller's Agent in 2013

    John Sloan

    Keller Williams Realty

    (760) 898-1724

    138 Total Sales

    John Sloan
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-599432

The MLS

APN: 682-360-008

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

72261 Magnesia Falls Dr, Rancho Mirage, CA

This home is located at 72261 Magnesia Falls Dr, Rancho Mirage, CA 92270 since 03 July 2020 and is currently estimated at $1,169,990, approximately $624 per square foot. This property was built in 1979. 72261 Magnesia Falls Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High 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.

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