NOT LISTED FOR SALE

72733 Verbenia Rd Rancho Mirage, CA 92270

Estimated Value: $2,021,000 - $2,164,000

5 Beds
4 Baths
3,504 Sq Ft
$598/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $1,851,000 $528 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,125/month

85 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Great Room with Fireplace
  • James Earl Carter Elementary School Rated A-
  • Mountain View
  • Mediterranean Architecture

About This Home

As of April 2022

Welcome to this unique, and rarely available, grand home built on an expansive private lot with artistic landscaping and a paving stone driveway leading to a three-car garage. Sold fully furnished, this entertainer's home features five bedrooms and four bathrooms with 3504 sq. ft. of living space. A large chef's kitchen, separate dining room, open living space are enhanced by stone, marble, and brass features.You'll marvel at the unobstructed views from the oversized backyard which feature BBQ island, fire pit, in ground pool and spa.This will be the perfect full-time desert home, family vacation destination, or income producing property.

Last Agent to Sell the Property

John White

Equity Union License #01973171 Listed on: 12/02/2021

Co-Listed By

Deborah Anderson

Equity Union License #02107172

Last Buyer's Agent

Pattie Hill

License #00965850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,584

Year Built

  • Built in 2004

Lot Details

  • 0.4

Parking

  • 3 Car Attached Garage

Property Views

  • Mountain
  • Pool

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,504 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Great Room with Fireplace
  • Family Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Outdoor Fireplace
  • 0.4 Acre Lot
  • Detached Guest House
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 682-240-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,584

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Builders Tract Code: Not in a Development
  • Living Area: 3504
  • Lot Acreage: 0.4000
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 2004
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Exterior, Great Room
  • Flooring: Carpet, Tile
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Garbage Disposal, Built-Ins, Washer, Refrigerator, Range/Oven, Ceiling Fan, Dryer
  • Price Per S Q F T: 512.27

Exterior Features

  • Other Structures: None
  • Guest House: Detached
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Pool, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car, Attached, Garage Is Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA: No

Lot Info

  • Assessor Parcel Number: 682-240-065
  • Lot Size Area: 17424

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Mar 15, 2022
Sold by
Ee Palm Springs Llc Georgia Limited Liab
Bought by
Young Andrea
Seller's Agent
John White
Equity Union
Buyer's Agent
Pattie Hill
List Price
$1,795,000
Sold Price
$1,851,000
Premium/Discount to List
$56,000
3.12%
Current Estimated Value
$2,095,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,410
Avg. Annual Appreciation
3.62%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 14, 2019
Sold by
Luxus Investment Group Ltd
Bought by
Ee Palm Springs Llc
Seller's Agent
Doug Balog
Compass
Buyer's Agent
Doug Balog
Compass
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%
Original Mortgage
$5,829,444
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2015
Sold by
Luxus Investment Group Ltd
Bought by
Luxus Investment Group Ltd and Lvp P1 Us Partnership 1

Purchase Details

Closed on
Aug 15, 2008
Sold by
Clark Michael R and Clark Darcy S
Bought by
Luxus Investment Group Ltd

Purchase Details

Closed on
Nov 30, 2006
Sold by
Clark Michael
Bought by
Clark Michael R and Clark Darcy S

Purchase Details

Closed on
Jun 10, 2004
Sold by
Clark Darcy S
Bought by
Clark Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Wessman John
Bought by
Clark Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Wessman Sandra
Bought by
Wessman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.86%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 8, 2004
Sold by
Wessman Holdings Llc
Bought by
Wessman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.86%
Mortgage Type
Construction
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
Young Andrea $1,851,000 None Listed On Document
Ee Palm Springs Llc $1,160,000 First American Title Co
Luxus Investment Group Ltd -- None Available
Luxus Investment Group Ltd $1,310,000 Southland Title Corporation
Clark Michael R -- None Available
Clark Michael R -- Stewart Title Riverside
Clark Michael $1,050,000 Stewart Title Riverside
Wessman John -- Stewart Title Of Ca Riversid
Wessman John -- Stewart Title Of Ca Riversid
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ee Palm Springs Llc $5,829,444
Previous Owner Clark Michael $837,000
Previous Owner Wessman John $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $1,851,000 +3.1% $528 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,795,000 +54.7% $512 / Sq Ft
03/14/2019 03/14/19 Sold $1,160,000 -3.3% $331 / Sq Ft View Prior Sale
03/12/2019 03/12/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $1,200,000 -- $342 / 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 $24,584 $1,964,295 $159,181 $1,805,114
2023 $24,584 $1,888,020 $153,000 $1,735,020
2022 $15,761 $1,219,365 $157,676 $1,061,689
2021 $15,439 $1,195,457 $154,585 $1,040,872
2020 $15,190 $1,183,200 $153,000 $1,030,200
2019 $11,177 $845,781 $212,241 $633,540
2018 $10,888 $829,198 $208,080 $621,118
2017 $10,691 $812,940 $204,000 $608,940
2016 $10,380 $797,000 $200,000 $597,000
2015 $10,945 $826,000 $206,000 $620,000
2014 $10,124 $754,000 $188,000 $566,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-108107

The MLS

APN: 682-240-065