NOT LISTED FOR SALE

898 Crescent Falls Palm Desert, CA 92260

Estimated Value: $6,909,000 - $8,286,000

5 Beds
7 Baths
6,810 Sq Ft
$1,108/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $5,245,000 $770 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $46,795/month

393 Days on Market

Highlights

  • On Golf Course
  • Attached Guest House
  • Heated In Ground Pool
  • Palm Desert High School Rated A
  • Home Theater
  • Casita

About This Home

As of January 2021

This home is located at 898 Crescent Falls, Palm Desert, CA 92260 since 19 December 2019 and is currently estimated at $7,543,303, approximately $1,107 per square foot. This property was built in 2003. 898 Crescent Falls is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Last Agent to Sell the Property

Jacquie Burns

Bighorn Properties, Inc. License #01185587 Listed on: 12/19/2019

Last Buyer's Agent

Doug Balog

Compass License #01197951

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,605

Year Built

  • Built in 2003

Lot Details

  • 0.69 Acre Lot
  • On Golf Course
  • Cul-De-Sac

HOA Fees

  • $1,085 Monthly HOA Fees

Property Views

  • Golf Course
  • City
  • Mountain

Home Design

  • Custom Home

Interior Spaces

  • 6,810 Sq Ft Home
  • Furnished
  • Bar
  • Gas Fireplace
  • Entryway
  • Great Room with Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Walk-In Pantry

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Outdoor Fireplace
  • Casita
  • Built-In Barbecue

Additional Homes

  • Attached Guest House
  • Guest House Has A Garage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 652310005

Community Details

Overview

  • Bighorn Golf Club Subdivision
  • Planned Unit Development
  • 5-Story Property

Recreation

  • Golf Course Community
  • Dog Park

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,605

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,085 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 5
  • Casita Features: 2 Car Garage, Golf Cart Garage
  • Included In Sale: Furnishings, accessories, audio visual equipment per inventory
  • List Price per Sq Ft: 806.90
  • Lp Sp Ratio: 0.9500
  • View Type: City, Golf Course, Mountain(s)
  • Year Built: 2003
  • Listing I D: 219035628
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8213
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room, Living Room, Master Bedroom
  • Fireplace Features: Gas
  • Flooring: Carpet, Travertine
  • Total Bedrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Estimated Sq Ft: 6810.00

Exterior Features

  • Other Features: Custom Built
  • Other Structures: Guest House Attached
  • Built-in BBQ: Gas
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Zoned
  • Heating: Central, Fireplace(s), Zoned
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Doggie Park, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 1085.00
  • Total Monthly Association Fees: 1085.00

Lot Info

  • Assessor Parcel Number: 652310005
  • Lot Acres: 0.6933
  • Lot Location: Cul-De-Sac, On Golf Course
  • Lot Size: 30204.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Dec 15, 2020
Sold by
Griffith Michael V and 898 Crescent Falls Trust
Bought by
Cohoe Point Llc
Seller's Agent
Jacquie Burns
Bighorn Properties, Inc.
Buyer's Agent
Doug Balog
Compass
List Price
$5,495,000
Sold Price
$5,245,000
Premium/Discount to List
-$250,000
-4.55%
Current Estimated Value
$7,543,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,298,303
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Ozonian Armen Steven and Ozonian Lynn T
Bought by
Griffith Michael

Purchase Details

Closed on
Nov 16, 2007
Sold by
Walski David and Walski Roberta
Bought by
Ozonian Steve and Ozonian Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Bighorn Development Llc
Bought by
Walski David and Walski Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,000
Interest Rate
6.99%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Cohoe Point Llc $5,245,000 Lawyers Title Ie
Griffith Michael -- Fidelity National Title Co
Ozonian Steve -- Fidelity National Title Co
Walski David $1,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ozonian Steve $2,700,000
Previous Owner Walski David $2,265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $5,245,000 -4.5% $770 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/19/2019 12/19/19 For Sale $5,495,000 -- $807 / 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 $68,605 $5,677,355 $2,554,539 $3,122,816
2023 $68,605 $5,456,898 $2,455,344 $3,001,554
2022 $65,902 $5,349,900 $2,407,200 $2,942,700
2021 $79,501 $6,462,338 $2,781,479 $3,680,859
2020 $77,978 $6,396,076 $2,752,959 $3,643,117
2019 $76,472 $6,270,664 $2,698,980 $3,571,684
2018 $58,383 $4,779,000 $2,119,000 $2,660,000
2017 $48,877 $4,000,000 $1,800,000 $2,200,000
2016 $58,871 $4,850,000 $2,150,000 $2,700,000
2015 $69,854 $5,649,822 $2,505,109 $3,144,713
2014 $68,663 $5,539,152 $2,456,039 $3,083,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219035628

California Desert Association of REALTORS®

APN: 652-310-005