NOT LISTED FOR SALE

Desert Island 900 Island Dr Unit 704 Rancho Mirage, CA 92270

Estimated Value: $1,089,000 - $1,641,000

3 Beds
3 Baths
3,414 Sq Ft
$849/mo HOA Fee

Last Sold October 29, 2018

Last sale price $1,000,000 $293 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,181/month

7 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Gated Community
  • Unit is on the top floor
  • Panoramic View
  • Clubhouse

About This Home

As of October 2018

Desert Island Country Club. Enjoy spectacular views of the mountains, lake and golf course from every room in this very special home in the sky. This stunning, contemporary penthouse has been completely renovated from top to bottom with numerous upgrades.

Last Agent to Sell the Property

Carole Stephen-Smith

Windermere Homes & Estates License #00887252 Listed on: 09/13/2018

Last Buyer's Agent

Carole Smith

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,166

Year Built

  • Built in 1975

Lot Details

  • 7,405

HOA Fees

  • $849 Monthly HOA Fees

Property Views

  • Panoramic

Interior Spaces

  • 3,414 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Marble Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Unit is on the top floor

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 688062080

Community Details

Overview

  • Desert Island Subdivision

Recreation

  • Golf Course Community
  • Community Spa

Pet Policy

  • Pet Restriction

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,166

Year Built

Built in 1975

Lot Details

0

HOA Fees

$849 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One, Top
  • Builders Tract Code: Desert Island
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 292.94
  • Lp Sp Ratio: 0.9999
  • View Type: Mountain(s), Panoramic
  • Year Built: 1975
  • Listing I D: 218026108
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Selling Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Desert Island
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Flooring: Marble
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 3414.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Assigned, Underground

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: Unknown

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Golf Course, Guest Parking, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 849.00
  • Total Monthly Association Fees: 849.00

Lot Info

  • Assessor Parcel Number: 688062080
  • Lot Acres: 0.1700
  • Lot Size: 7405.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 24, 2018
Sold by
Carrington Investments Llc
Bought by
Scherger Joseph E and Scherger Carol M
Seller's Agent
Carole Stephen-Smith
Windermere Homes & Estates
Buyer's Agent
Carole Smith
List Price
$1,000,100
Sold Price
$1,000,000
Premium/Discount to List
-$100
-0.01%
Current Estimated Value
$1,342,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,117
Avg. Annual Appreciation
2.84%
Original Mortgage
$700,000
Outstanding Balance
$601,634
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$610,780

Purchase Details

Listed on
Feb 1, 2013
Closed on
Mar 6, 2013
Sold by
Kuperman Robert
Bought by
Garrington Investments Llc
Seller's Agent
Debra Manning
Buyer's Agent
Debra Manning
List Price
$1,399,000
Sold Price
$1,100,000
Premium/Discount to List
-$299,000
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%

Purchase Details

Closed on
May 31, 2011
Sold by
Morgan Stanley Trust Na
Bought by
Kuperman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2003
Sold by
Farley William F
Bought by
Kahn Sidney J

Purchase Details

Closed on
May 29, 2002
Sold by
Kahn Sidney J
Bought by
Farley William F

Purchase Details

Closed on
Nov 2, 1999
Sold by
Winmar Of The Desert Inc
Bought by
Kahn Sidney J and Kahn Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Scherger Joseph E $1,000,000 Fidelity National Title Ie
Garrington Investments Llc $1,100,000 First American Title Insuran
Kuperman Robert $625,000 Orange Coast Title Company
Kahn Sidney J -- --
Farley William F -- --
Kahn Sidney J -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherger Joseph E $250,000
Open Scherger Joseph E $700,000
Previous Owner Kuperman Robert $125,000
Previous Owner Kahn Sidney J $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $1,000,000 0.0% $293 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $1,000,100 -9.1% $293 / Sq Ft
03/22/2013 03/22/13 Sold $1,100,000 -21.4% $322 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $1,399,000 -- $410 / 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 $14,166 $1,115,513 $83,661 $1,031,852
2023 $14,166 $1,072,198 $80,413 $991,785
2022 $14,047 $1,051,176 $78,837 $972,339
2021 $13,737 $1,030,566 $77,292 $953,274
2020 $13,022 $1,020,000 $76,500 $943,500
2019 $12,884 $1,000,000 $75,000 $925,000
2018 $15,262 $1,190,480 $297,618 $892,862
2017 $15,039 $1,167,138 $291,783 $875,355
2016 $14,598 $1,144,254 $286,062 $858,192
2015 $14,073 $1,127,068 $281,766 $845,302
2014 $13,962 $1,104,993 $276,248 $828,745
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carole Stephen-Smith

    Windermere Homes & Estates

  • C

    Buyer's Agent in 2018

    Carole Smith

    Section Image

  • D

    Seller's Agent in 2013

    Debra Manning

See All Agents

About Desert Island

Map

Source: California Desert Association of REALTORS®

MLS Number: 218026108

California Desert Association of REALTORS®

APN: 688-062-080

California Riverside County Rancho Mirage 92270

900 Island Dr Unit 704, Rancho Mirage, CA

This home is located at 900 Island Dr Unit 704, Rancho Mirage, CA 92270 since 13 September 2018 and is currently estimated at $1,342,117, approximately $393 per square foot. This property was built in 1975. 900 Island Dr Unit 704 is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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