NOT LISTED FOR SALE

8 Corte Del Sol Rancho Mirage, CA 92270

Estimated Value: $955,000 - $1,212,000

3 Beds
2.5 Baths
2,608 Sq Ft
$402/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $710,000 $272 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,317/month

65 Days on Market

Highlights

  • Attached Guest House
  • Pebble Pool Finish
  • Mountain View
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • 2 Car Attached Garage

About This Home

As of May 2021

Spectacular South Facing Home located in the highly desirable gated Rancho Mirage community La Terraza. This home offers approximately 2,608 sf with up to 4 bedrooms and 3.5 bathrooms. Currently configured with 2 bedroom suites and an office in the main home and a flexible casita off the entry courtyard. Casita can be turned into another bedroom and bathroom or used as a home gym, office, stdio, theater room whatever your lifestyle needs are. The interior of the home has been freshly painted and modernized. The open kitchen has tons of light with white cabinets and slab counter tops. A large dining room also is flexible and can be used as another living space. The generous sized corner lot has great curb appeal with new landscaping and lighting. The rear yard is a private oasis with a sparkling pebble pool & spa, paver & concrete patio, lush landscape and panoramic mountain views. The 2-car garage has an epoxy floor and AC system. La Terraza has low HOA dues and is located in the heart of the city with convenient access to all the desert amenities. Hurry this move-in ready property has a long list of amenities including newer HVAc system and is ready for you to call it home!

Last Agent to Sell the Property

Bespoke Real Estate Group

Bennion Deville Homes License #01322803 Listed on: 03/02/2021

Co-Listed By

Tracy Boomer

Bennion Deville Homes License #01077132

Last Buyer's Agent

Lea Boracchia

Wealth Partners Real Estate License #02064384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,242

Year Built

  • Built in 2002

Lot Details

  • 10,019 Sq Ft Lot
  • South Facing Home
  • Sprinklers on Timer

HOA Fees

  • $170 Monthly HOA Fees

Interior Spaces

  • 2,608 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Pool

  • Pebble Pool Finish
  • Outdoor Pool
  • Spa

Additional Features

  • Attached Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 682240027

Community Details

Overview

  • La Terraza Monterey Estates Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,242

Year Built

Built in 2002

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Casita Features Other: open room
  • List Price per Sq Ft: 287.19
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Year Built: 2002
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 219058177
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Office Address: PO Box 1040, Palm Desert, CA 92261
  • Selling Office Fax: (866) 216-1349
  • Land Type: Fee
  • New Construction: No
  • Subdivision: La Terraza Monterey Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Flooring: Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2608.00

Exterior Features

  • Other Structures: Guest House Attached
  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Pebble
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 170.00
  • Total Monthly Association Fees: 170.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 682240027
  • Irrigation: Sprinkler Timer
  • Lot Size: 10019.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 13, 2021
Seller's Agent
Bespoke Real Estate Group
Bennion Deville Homes
Buyer's Agent
Lea Boracchia
Wealth Partners Real Estate
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Current Estimated Value
$1,048,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,554
Avg. Annual Appreciation
9.18%
Original Mortgage
$548,000
Outstanding Balance
$495,568
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$552,986

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 1, 2021
Sold by
Macnaughton Stephen and The Stephen Macnaughton Trust
Seller's Agent
Bespoke Real Estate Group
Bennion Deville Homes
Buyer's Agent
Lea Boracchia
Wealth Partners Real Estate
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$495,568
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$552,986

Purchase Details

Closed on
Jan 5, 2021
Sold by
Istm Llc
Bought by
Macnaughton Stephen and The Stephen Nacnaughton Trust

Purchase Details

Listed on
Aug 10, 2012
Closed on
Oct 12, 2012
Sold by
Bank Of America National Association
Bought by
Istm Llc
Seller's Agent
Jeff Egan
Buyer's Agent
Jenell VanDenBos
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$234,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Rosenthal James R and Rosenthal Bonnie
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 16, 2004
Sold by
Roach Lisa P
Bought by
Rosenthal James R and Rosenthal Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,100
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2002
Sold by
Gha Monterey Group Llc
Bought by
Roach Larry P and Roach Lisa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
6.8%
Source: Public Records

Range of Values:

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Average Value
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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
-- -- None Available
-- $710,000 Chicago Title
Macnaughton Stephen $680,000 First American Title Company
Istm Llc $390,000 Orange Coast Title Lender Se
Bank Of America National Association $415,000 Accommodation
Rosenthal James R $539,000 First American Title Co
Roach Larry P $396,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $548,000
Previous Owner Istm Llc $234,000
Previous Owner Rosenthal James R $485,100
Previous Owner Roach Larry P $317,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $710,000 -5.2% $272 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $749,000 +92.1% $287 / Sq Ft
10/17/2012 10/17/12 Sold $390,000 -2.5% $150 / Sq Ft View Prior Sale
08/10/2012 08/10/12 For Sale $400,000 -- $153 / 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 $19,242 $785,293 $201,629 $583,664
2023 $19,242 $754,800 $193,800 $561,000
2022 $18,694 $740,000 $190,000 $550,000
2021 $6,233 $443,673 $111,485 $332,188
2020 $6,161 $439,124 $110,342 $328,782
2019 $6,137 $430,515 $108,179 $322,336
2018 $5,946 $422,074 $106,058 $316,016
2017 $5,850 $413,799 $103,979 $309,820
2016 $5,660 $405,687 $101,941 $303,746
2015 $5,700 $399,595 $100,410 $299,185
2014 $5,658 $391,769 $98,444 $293,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219058177

California Desert Association of REALTORS®

APN: 682-240-027