NOT LISTED FOR SALE

Desert Island 900 Island Dr Unit 705 Rancho Mirage, CA 92270

Estimated Value: $1,118,000 - $1,428,000

3 Beds
3 Baths
3,142 Sq Ft
$950/mo HOA Fee

Last Sold March 13, 2019

Last sale price $1,324,000 $421 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,482/month

77 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • In Ground Pool
  • On Golf Course
  • Unit is on the top floor
  • Panoramic View

About This Home

As of March 2019

This amazing penthouse home was stripped to the bare bones and totally redone cosmetically. The floors and lighting and fixtures and everything about it has been done first class. All 3 bathrooms are stunning and theres modern toilets which are motion censored plus the bathtub in the master has a built in music which vibrates the water too. No expense has been spared,Ceilings were updated and dropped all walls finished in opulent white.All exterior sliders replaced with dual pane E glass. A dual Pane whole house Pelican water filtration system with ultra Violet Water conditioning . Meile dishwasher commercial style .All Grohe and Phylrich lavatory sets ,sheer heads and faucets. ELK crystal Beaded Chandeliers with suspended lighting fixtures .Remote controlled fireplace with terra cotta herringbone brick. Sonos sound system and each room has individual sound controls . Italian 24x24 tiles installed over 3/8 thick rubber underlay as required by HOA.More info on second sheet

Last Agent to Sell the Property

Carole Stephen-Smith

Windermere Homes & Estates License #00887252 Listed on: 11/26/2018

Last Buyer's Agent

David Kibbey

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,705

Year Built

  • Built in 1975

Lot Details

  • Lake Front
  • On Golf Course
  • Southeast Facing Home

HOA Fees

  • $950 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 3,142 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Utility Room
  • Tile Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Guest Parking
  • Community Parking Structure

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony

Location

  • Unit is on the top floor
  • Property is near a clubhouse

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 688062081

Community Details

Overview

  • Association fees include building & grounds, cable TV, insurance, trash, water
  • 226 Units
  • Desert Island Subdivision
  • On-Site Maintenance
  • Community Lake

Recreation

  • Golf Course Community
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,705

Year Built

Built in 1975

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Leisure Faces East, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Desert Island
  • Building Number Of Stories: 1
  • Entry Floor: 7
  • Entry Location: Foyer
  • Included In Sale: Washer, dryer, refrigerator
  • List Price per Sq Ft: 461.49
  • Lp Sp Ratio: 0.9131
  • Unit Total In Complex: 226
  • View Type: Golf Course, Lake, Mountain(s), Panoramic
  • Year Built: 1975
  • Listing I D: 218033344
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Selling Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Fax: (760) 561-9333
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Desert Island
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Living Room Balcony
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Laundry: Individual Room
  • Estimated Sq Ft: 3142.00

Exterior Features

  • Other Features: Balcony
  • 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: Community Structure, Guest, Underground
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Sewer: Unknown

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Cable TV, Insurance, Trash, Water
  • Association Amenities: Fitness Center, Guest Parking, Lake or Pond, Maintenance Grounds, Management, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 950.00
  • Total Monthly Association Fees: 950.00
  • Unit Location: Top Floor

Lot Info

  • Assessor Parcel Number: 688062081
  • Lot Acres: 0.0600
  • Lot Location: Close to Clubhouse, Lake Front, On Golf Course
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • 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
Nov 26, 2018
Closed on
Feb 13, 2019
Sold by
Scherger Joseph E and Scherger Carol M
Bought by
Page Deborah
Seller's Agent
Carole Stephen-Smith
Windermere Homes & Estates
Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
List Price
$1,700,000
Sold Price
$1,324,000
Premium/Discount to List
-$376,000
-22.12%
Current Estimated Value
$1,308,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,278
Avg. Annual Appreciation
0.16%

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 15, 2016
Sold by
Rock Asset Management Inc
Bought by
Scherger Family Trust
Seller's Agent
Debra Manning
Buyer's Agent
Debra Manning
List Price
$769,000
Sold Price
$725,000
Premium/Discount to List
-$44,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.48%
Original Mortgage
$500,000
Interest Rate
3.71%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 17, 2013
Sold by
Folsom James F and Folsom Ann M
Bought by
Abshire & Stanley Properties Llc

Purchase Details

Closed on
Feb 28, 2000
Sold by
Folsom James F and Folsom Ann M
Bought by
Folsom James F and Folsom Ann M

Purchase Details

Closed on
Oct 19, 1999
Sold by
Winmar Of The Desert Inc
Bought by
Folsom James F and Folsom Ann M
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
Page Deborah $1,324,000 Lawyers Title
Scherger Family Trust $725,000 First American Title Ins Co
Abshire & Stanley Properties Llc $24,250 None Available
Folsom James F -- --
Folsom James F -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherger Joseph E $500,000
Previous Owner Abshire & Stanley Properties Llc $665,000
Previous Owner Folsom James F $50,000
Previous Owner Folsom James F $227,000
Previous Owner Folsom James F $50,000
Closed Folsom James F $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $1,324,000 -8.7% $421 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/26/2019 01/26/19 Price Changed $1,450,000 -14.7% $461 / Sq Ft
11/26/2018 11/26/18 For Sale $1,700,000 +134.5% $541 / Sq Ft
03/24/2016 03/24/16 Sold $725,000 -5.7% $231 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $769,000 -- $245 / 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 $18,705 $1,476,943 $334,654 $1,142,289
2023 $18,705 $1,419,594 $321,660 $1,097,934
2022 $18,570 $1,391,759 $315,353 $1,076,406
2021 $18,169 $1,364,470 $309,170 $1,055,300
2020 $17,216 $1,350,480 $306,000 $1,044,480
2019 $10,012 $769,375 $233,465 $535,910
2018 $9,828 $754,290 $228,888 $525,402
2017 $9,686 $739,500 $224,400 $515,100
2016 $6,583 $497,052 $124,262 $372,790
2015 $6,355 $489,589 $122,397 $367,192
2014 $6,307 $480,000 $120,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Carole Stephen-Smith

    Windermere Homes & Estates

  • D

    Buyer's Agent in 2019

    David Kibbey

    Coldwell Banker Residential Brokerage

  • D

    Seller's Agent in 2016

    Debra Manning

See All Agents

About Desert Island

Map

Source: California Desert Association of REALTORS®

MLS Number: 218033344

California Desert Association of REALTORS®

APN: 688-062-081

California Riverside County Rancho Mirage 92270

900 Island Dr Unit 705, Rancho Mirage, CA

This home is located at 900 Island Dr Unit 705, Rancho Mirage, CA 92270 since 26 November 2018 and is currently estimated at $1,308,722, approximately $416 per square foot. This property was built in 1975. 900 Island Dr Unit 705 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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