NOT LISTED FOR SALE

72355 Magnesia Falls Dr Rancho Mirage, CA 92270

Magnesia Falls Cove Neighborhood

Estimated Value: $1,053,000 - $1,254,000

3 Beds
3 Baths
2,787 Sq Ft
$412/Sq Ft Est. Value

Last Sold January 22, 2024

Last sale price $939,000 $337 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,956/month

95 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Private Lot
  • James Earl Carter Elementary School Rated A-
  • Mountain View
  • Traditional Architecture

About This Home

As of January 2024

TERRIFIC opportunity in this Rancho Mirage home that has really GREAT POTENTIAL! This is a FIXER!!!Stunning POOL /SPA RECENTLY REDONE in a very private lush setting...South facing backyard*LOCATION *GREAT LOT & Square Footage *3 BEDROOMS (plus additional office/den or 4th bedroom potential) *3 BATHS *LIVING ROOM & KITCHEN that OPENS TO THE FAMILY ROOM * FORMAL DINING ROOM *Circular driveway *A Finished 3 CAR GARAGE plus paid for SOLAR!!( Approx.12 panels)

Last Agent to Sell the Property

Robyn Greenspan

Desert Sands Realty License #01372249 Listed on: 09/26/2023

Last Buyer's Agent

Randy Roy

Domus Realty Partners, Inc. License #01300106

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,014

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Block Wall Fence
  • Landscaped
  • Private Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,787 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Shutters
  • Blinds
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room
  • Laundry Room
  • Mountain Views

Kitchen

  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Pavers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Schools

  • Rancho Mirage Elementary School
  • Rancho Mirage High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Additional Features

  • Grab Bars
  • Solar owned by seller
  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • Dog Park

Listing and Financial Details

  • Assessor Parcel Number 682370004

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,014

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Disability Access: Grab Bars
  • Included In Sale: Appliances
  • List Price per Sq Ft: 358.45
  • Lp Sp Ratio: 0.9400
  • View Type: Mountain(s)
  • Water District Name: C V Water
  • Year Built: 1979
  • Listing I D: 219100369
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Member Address: 74133 El Paseo, Ste. 5, Palm Desert, CA 92260
  • Selling Office Address: 74133 El Paseo, Ste. 5, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Disposal
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Pavers
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower Over Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Formal Dining Room
  • Kitchen Features: Granite Counters, Tile Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2787.00
  • Windows Treatments: Blinds, Shutters

Exterior Features

  • Other Features: Solar System Owned
  • Other Structures: Accessory Bldgs
  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: Unknown
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Community Features: Doggie Park

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682370004
  • Irrigation: Sprinkler Timer
  • Lot Description: Back Yard, Utilities Underground, Private, Level, Landscaped
  • Lot Size: 19166.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Rancho Mirage
  • High School: Rancho Mirage
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Jan 3, 2024
Sold by
Webster Family Trust
Bought by
Jjb Investments Llc
Seller's Agent
Robyn Greenspan
Desert Sands Realty
Buyer's Agent
Randy Roy
Domus Realty Partners, Inc.
List Price
$1,099,000
Sold Price
$939,000
Premium/Discount to List
-$160,000
-14.56%
Views
125
Current Estimated Value
$1,147,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,618
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Webster John and Webster Lenora
Bought by
The Webster 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
$578,400
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
Webster John and Webster Lenora
Bought by
Webster John W and Webster Lenora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 14, 2001
Sold by
Miller Robert D
Bought by
Webster John and Webster Lenore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
7.01%

Purchase Details

Closed on
May 17, 1994
Sold by
Salamon Joanne
Bought by
Miller Robert D

Purchase Details

Closed on
Mar 30, 1994
Sold by
Salamon Stephen and Salamon Joanne
Bought by
Salamon Joanne
Source: Public Records

Range of Values:

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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
Jjb Investments Llc $939,000 Corinthian Title
The Webster Family Trust -- First American Title
Webster John W -- --
Webster John $459,000 Old Republic Title Company
Miller Robert D $225,000 Old Republic Title
Salamon Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Webster Family Trust $578,400
Previous Owner Webster John W $495,000
Previous Owner Webster John W $200,000
Previous Owner Webster John W $373,000
Previous Owner Webster John W $50,000
Previous Owner Webster John W $370,000
Previous Owner Webster John $330,000
Previous Owner Webster John $75,000
Previous Owner Webster John $329,000
Previous Owner Miller Robert D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $939,000 -6.0% $337 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $999,000 -4.8% $358 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,049,000 -4.5% $376 / Sq Ft
09/26/2023 09/26/23 For Sale $1,099,000 -- $394 / 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 $9,014 $957,779 $287,335 $670,444
2023 $9,014 $651,727 $156,180 $495,547
2022 $8,654 $638,949 $153,118 $485,831
2021 $8,476 $626,421 $150,116 $476,305
2020 $8,328 $619,999 $148,577 $471,422
2019 $8,185 $607,843 $145,664 $462,179
2018 $8,048 $595,925 $142,809 $453,116
2017 $7,893 $584,241 $140,009 $444,232
2016 $7,712 $572,786 $137,264 $435,522
2015 $7,724 $564,184 $135,203 $428,981
2014 -- $553,134 $132,555 $420,579
Source: Public Records

Agents Affiliated with this Home

  • Robyn Greenspan

    Seller's Agent in 2024

    Robyn Greenspan

    Desert Sands Realty

    (760) 636-5280

    31 in this area

    58 Total Sales

    Robyn Greenspan
    Section Image

  • R

    Buyer's Agent in 2024

    Randy Roy

    Domus Realty Partners, Inc.

    (760) 902-1451

    5 in this area

    46 Total Sales

    Randy Roy
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219100369

California Desert Association of REALTORS®

APN: 682-370-004

California Riverside County Rancho Mirage 92270 Magnesia Falls Cove

72355 Magnesia Falls Dr, Rancho Mirage, CA

This home is located at 72355 Magnesia Falls Dr, Rancho Mirage, CA 92270 since 26 September 2023 and is currently estimated at $1,147,618, approximately $411 per square foot. This property was built in 1979. 72355 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.

California Desert Association of REALTORS® 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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