NOT LISTED FOR SALE

8 Scarborough Way Rancho Mirage, CA 92270

Estimated Value: $1,590,000 - $2,523,000

6 Beds
5.5 Baths
5,663 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $1,600,000 $283 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,061/month

31 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Family Room with Fireplace
  • Casita
  • Mountain View
  • Vaulted Ceiling

About This Home

As of December 2023

Very Rare to the market in Victoria Falls Community! The only home on the market in Victoria Falls over 5,600 square feet, 6 bedrooms, 5 bathrooms large detached guest home, massive lot over 20,000 square feet. This home has it all and move in ready! Extremely well designed, highly upgraded, owned solar on roof and paid for, brand new renovation on pool and spa plus decking, custom floor tile, newer carpet, beautiful window blinds and shutters, phenomenal backyard views from 1st floor and private balcony on 2nd floor. Level 2 EV charging station in the garage, 3 new AC units, gorgeous landscape in the front and backyard. Master bedroom is exceptional with fireplace, office area, 2 large walk in closets, large bathroom with vanity. New water filtration system throughout the home, Kitchen is perfect for large gatherings, tons of custom cabinets, beautiful stainless steel appliances, 2 custom islands, more built in cabinets at hallway next to kitchen, tons of entertainment space in the entire home, ideal for large family gatherings, vacation home and situated in a perfect location to restaurants, shopping, Casinos, freeway, schools, across the street from new Disney Project (Cotino) and much more. Victoria Falls is a beautiful community with tennis courts, basketball courts, beautiful landscape throughout common areas and entrance also located across the street from the newly renovated Discovery Center.

Last Agent to Sell the Property

Mitchell Matthews

Re/Max Desert Properties License #01930882 Listed on: 10/19/2023

Re/Max Desert Properties

Last Buyer's Agent

Robert Schreiber

Robert S. Schreiber License #00574409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,089

Year Built

  • Built in 1998

Lot Details

  • 0.47 Acre Lot
  • Sprinkler System

HOA Fees

  • $370 Monthly HOA Fees

Interior Spaces

  • 5,663 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Dry Bar
  • Crown Molding
  • Vaulted Ceiling
  • Stone Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Casita

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 676390066

Community Details

Overview

  • Victoria Falls Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Basketball Court

Security

  • Security Service
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,089

Year Built

Built in 1998

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Building Number Of Stories: 3
  • List Price per Sq Ft: 309.02
  • Lp Sp Ratio: 0.9100
  • View Type: Mountain(s)
  • Year Built: 1998
  • Listing I D: 219101566
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Member Address: 136 Courtside Drive, Palm Desert, CA 92260
  • Selling Office Address: 136 Courtside Drive, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Victoria Falls
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Primary Bedroom, Living Room
  • Interior Amenities: Crown Molding, Dry Bar, Vaulted Ceiling(s), Wet Bar, High Ceilings (9 Ft+)
  • Fireplace Features: Stone
  • Flooring: Carpet, Tile
  • Total Bedrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Estimated Sq Ft: 5663.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Community, Gated Community
  • Sewer: In Street Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Basketball Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 370.00
  • Total Monthly Association Fees: 370.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 676390066
  • Irrigation: Sprinkler System
  • Lot Size: 20473.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 9, 2023
Sold by
Francis-Albano Dana M and Francis-Albano Anthony M
Bought by
Schreiber Llc
Seller's Agent
Mitchell Matthews
Re/Max Desert Properties
Buyer's Agent
Robert Schreiber
Robert S. Schreiber
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Views
61
Current Estimated Value
$1,868,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,013
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
May 4, 2021
Sold by
Francis Albano Dana M and Albano Anthony M
Bought by
Francis Albano Dana M and Albano Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2017
Closed on
May 30, 2018
Sold by
Todd Leslie
Bought by
Francis Dana M and Albano Anthony M
Seller's Agent
Candice Johnson
Rosenthal & Associates
Buyer's Agent
Jenie Dean
Keller Williams Realty
List Price
$875,000
Sold Price
$715,000
Premium/Discount to List
-$160,000
-18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Plaza Fuensanta
Bought by
Todd Leslie and Farina Morton B

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
7%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Campbell Gary M
Bought by
Plaza Fuensanta

Purchase Details

Closed on
Jun 15, 1998
Sold by
Campbell Lisa C
Bought by
Campbell Gary M

Purchase Details

Closed on
Feb 9, 1998
Sold by
Solomon Peter D
Bought by
Campbell Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
7%
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
Schreiber Llc $1,440,000 None Listed On Document
Francis Albano Dana M -- Western Resources Title
Francis Dana M $715,000 Stewart Title Of California
Todd Leslie $675,000 Chicago Title Co
Plaza Fuensanta $800,000 Old Republic Title Company
Campbell Gary M -- Orange Coast Title
Campbell Gary M $639,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Albano Dana M $483,500
Previous Owner Francis Dana M $385,000
Previous Owner Francis Dana M $453,100
Previous Owner Todd Leslie $300,000
Previous Owner Todd Leslie $495,000
Previous Owner Todd Leslie $500,000
Previous Owner Campbell Gary M $47,000
Previous Owner Campbell Gary M $447,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $1,600,000 -8.6% $283 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,750,000 +144.8% $309 / Sq Ft
07/24/2018 07/24/18 Sold $715,000 -4.1% $126 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $745,900 -0.5% $132 / Sq Ft
04/15/2018 04/15/18 Price Changed $749,900 -6.3% $132 / Sq Ft
02/27/2018 02/27/18 Price Changed $799,999 -5.8% $141 / Sq Ft
11/26/2017 11/26/17 Price Changed $849,000 -3.0% $150 / Sq Ft
08/21/2017 08/21/17 For Sale $875,000 -- $155 / 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 $19,089 $1,468,800 $369,240 $1,099,560
2023 $19,089 $781,952 $195,487 $586,465
2022 $10,716 $766,620 $191,654 $574,966
2021 $10,478 $751,590 $187,897 $563,693
2020 $9,991 $743,885 $185,971 $557,914
2019 $9,907 $729,300 $182,325 $546,975
2018 $11,871 $893,894 $223,466 $670,428
2017 $11,714 $876,368 $219,085 $657,283
2016 $11,319 $859,186 $214,790 $644,396
2015 $10,946 $846,281 $211,564 $634,717
2014 $10,904 $829,706 $207,421 $622,285
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219101566

California Desert Association of REALTORS®

APN: 676-390-066