NOT LISTED FOR SALE

869 Rock River Palm Desert, CA 92260

Estimated Value: $6,441,211 - $9,069,000

4 Beds
5 Baths
8,457 Sq Ft
$884/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $4,925,000 $582 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $47,300/month

76 Days on Market

About This Home

As of May 2017

A large frosted glass gated entry that welcomes you into a luxurious estate with at center courtyard providing entrance into the main residence or separate guest house. This designer furnished estate features a large great room with step down wet bar with inviting seating for three. Electronic pocket glass sliders open to an outdoor living room with incredible mountain and peek-a-boo city views. The high-performance kitchen is conveniently located off the great room to make entertaining easy. The master suite features a fire and ice fireplace and a private patio overlooking the pool/spa and panoramic mountain views. Two interior guest suites feature private patios with down valley views. The guest house has a living room and spacious bedroom. The large outdoor living room is highlighted by a stacked ledger stone fireplace with a TV above. For the movie lover, the theater has stadium style seating .

Last Agent to Sell the Property

Trevor Printz

Bighorn Properties, Inc. License #01450638 Listed on: 01/11/2017

Last Buyer's Agent

Jason Novack

License #01398918

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,240

Year Built

2007

Lot Details

0

HOA Fees

$830 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Ground Level
  • Builders Tract Code: Bighorn Golf Club
  • Building Type: Attached
  • Year Built: 2007
  • Price Per Sq Ft: 697.65
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplaces: 4
  • Fireplace: Yes
  • Equipment: Bar Ice Maker, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Refrigerator, Washer
  • Flooring: Carpet, Travertine
  • Fireplace Rooms: Great Room, Guest House, Master Bedroom
  • Interior Amenities: Bar, Beamed Ceiling(s), Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Home Automation System, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Wet Bar
  • Appliances: Built-In BBQ, Cooktop - Gas, Microwave, Oven-Electric, Range, Range Hood, Warmer Oven Drawer
  • Windows: Custom Window Covering
  • Bedroom Features: All Bedrooms Down, Dressing Area, Main Floor Master Bedroom, Master Suite, WalkInCloset
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bathroom Features: Double Vanity(s), Granite, Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower Stall, Under Vanity Lighting
  • Total Bathrooms: 5.00
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Pantry
  • Laundry: Laundry Area
  • Living Area: 8457

Exterior Features

  • Spa: Gunite, Heated with Gas, In Ground, Private
  • Patio: Covered
  • Pool: Gunite, Heated, In Ground, Private
  • Pool: Yes
  • Direction Faces: East
  • Other Features: Barbecue Private, Custom Built
  • Construction: Stone Veneer, Stucco
  • Foundation Details: Slab, Permanent
  • Spa Yn: Yes
  • Roof: Metal, Tar and Gravel
  • View: City Lights, Golf Course, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Garage Details: Attached, Garage Is Attached, Golf Cart, Oversized, Parking for Guests
  • Garage Spaces: 3
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Water Heater: Gas, Hot Water Circulator
  • Security: 24 Hour, Fire and Smoke Detection System
  • Cooling: Air Conditioning, Ceiling Fan, Central, Electric, Multi/Zone
  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: In Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Fees Include: Cable TV, Trash
  • HOA Fee Frequency: Monthly
  • HOA Fees: 830.00
  • Community Features: Community Mailbox, Golf Course within Development
  • Amenities: Onsite Property Management
  • Manager Approval: No

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Horses: No
  • Lot Location: Corner Lot, Cul-De-Sac, Greenbelt
  • Assessor Parcel Number: 652160050
  • Lot Acreage: 0.7300
  • Lot Size Area: 31799
  • Land Included Yn: No
  • Lot Description: Landscaped

Rental Info

  • Available For Lease: No
  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Apr 17, 2017
Sold by
Vista Estrella Llc
Bought by
Gilbert David Isaac and Gilbert Jaime Melissa
Seller's Agent
Trevor Printz
Bighorn Properties, Inc.
Buyer's Agent
Jason Novack
List Price
$5,900,000
Sold Price
$4,925,000
Premium/Discount to List
-$975,000
-16.53%
Current Estimated Value
$7,475,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,550,053
Avg. Annual Appreciation
4.10%
Original Mortgage
$2,955,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 26, 2010
Sold by
Bighorn Development Llc
Bought by
Vista Estrella Llc

Purchase Details

Closed on
Apr 2, 2009
Sold by
Sela Enterprises Llc
Bought by
Bighorn Development Llc

Purchase Details

Closed on
Sep 25, 2006
Sold by
Bighorn Development Llc
Bought by
Sela Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.36%
Mortgage Type
Seller Take Back
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
Gilbert David Isaac $4,435,000 Lawyers Title Company
Vista Estrella Llc -- Lawyers Title
Bighorn Development Llc -- None Available
Sela Enterprises Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilbert Family Trust $2,974,000
Closed Gilbert David Isaac $2,974,000
Closed Gilbert David Isaac $2,970,000
Closed Gilbert David Isaac $1,000,000
Closed Gilbert David Isaac $2,955,000
Previous Owner Sela Enterprises Llc $5,000,000
Previous Owner Sela Enterprises Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $4,925,000 -16.5% $582 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $5,900,000 -- $698 / 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
2023 $62,240 $4,947,321 $1,907,535 $3,039,786
2022 $59,785 $4,850,316 $1,870,133 $2,980,183
2021 $58,597 $4,755,213 $1,833,464 $2,921,749
2020 $57,477 $4,706,456 $1,814,665 $2,891,791
2019 $56,368 $4,614,174 $1,779,084 $2,835,090
2018 $55,284 $4,523,700 $1,744,200 $2,779,500
2017 $61,005 $5,000,000 $2,000,000 $3,000,000
2016 $77,315 $6,378,896 $2,562,460 $3,816,436
2015 $77,643 $6,283,080 $2,523,970 $3,759,110
2014 $76,318 $6,160,005 $2,474,530 $3,685,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217001460

California Desert Association of REALTORS®

APN: 652-360-004