NOT LISTED FOR SALE

8373 Terrace Dr Morongo Valley, CA 92256

Estimated Value: $386,000 - $436,000

2 Beds
1 Bath
1,092 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2023

Last sale price $350,000 $321 Per Sq Ft

About This Home

Escape to your own private desert sanctuary set on 5 acres of scenic land in Morongo Valley. Perched on a rustic mountainside, this FURNISHED move-in-ready home offers sweeping views, privacy, and endless potential to create your ideal retreat. All just a short drive from Palm Springs and Joshua Tree. Inside, the home features an updated full kitchen with breakfast bar, laundry and new mini-split A/C units. Large windows frame stunning mountain vistas from every room. Outdoors, the property is designed for flexibility and adventure. A new gravel parking pad and RV parking with hookups make it easy to host guests or accommodate desert explorers. The expansive acreage offers a blend of usable flat land and scenic hillside terrain, providing space to build, garden, create trails, or simply enjoy the serenity of wide-open skies and star-filled nights. Whether you're seeking a peaceful full-time residence, weekend getaway, or income-producing short-term rental, this secluded hideaway delivers the perfect balance of comfort, privacy, and natural beauty.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 5, 2023
Sold by
Mezrahi Family Trust
Bought by
Spinosa Emma J
Seller's Agent
Ethan Mezrahi
Real Brokerage Technologies
Buyer's Agent
David Torres
Bennion Deville Homes
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$315,000
Outstanding Balance
$303,348
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$109,421

Purchase Details

Closed on
Apr 19, 2021
Sold by
Elder Grahame and Mezrahi Rita
Bought by
Mezrahi Rita and Mezrahi Rita

Purchase Details

Closed on
Apr 29, 2005
Sold by
Driscoll Gerald Borden
Bought by
Mezrahi Shaul and Mezrahi Caroline

Purchase Details

Closed on
Dec 10, 1996
Sold by
Driscoll Gerald B
Bought by
Driscoll Gerald Borden and Gerald Borden Driscoll 1996 Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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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
Spinosa Emma J $350,000 Fidelity National Title
Mezrahi Rita -- None Available
Mezrahi Shaul $200,000 Stewart Title Company
Driscoll Gerald Borden -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinosa Emma J $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2026 04/10/26 Pending -- -- --
03/10/2026 03/10/26 Price Changed $399,900 -4.8% $366 / Sq Ft
02/24/2026 02/24/26 For Sale $420,000 +20.0% $385 / Sq Ft
01/13/2023 01/13/23 Sold $350,000 -2.5% $321 / Sq Ft View Prior Sale
12/11/2022 12/11/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $359,000 -- $329 / Sq Ft

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 $3,993 $342,700 $68,500 $274,200
2024 $4,024 $357,000 $71,400 $285,600
2023 $3,027 $262,704 $26,270 $236,434
2022 $2,965 $257,553 $25,755 $231,798
2021 $2,270 $190,000 $25,000 $165,000
2020 $2,124 $176,000 $25,000 $151,000
2019 $1,959 $160,000 $40,000 $120,000
2018 $1,440 $126,800 $32,000 $94,800
2017 $1,360 $118,000 $29,800 $88,200
2016 $1,290 $111,300 $28,100 $83,200
2015 $1,234 $107,000 $27,000 $80,000
2014 $1,130 $96,000 $24,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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