118 Verbena Dr Borrego Springs, CA 92004

$575,000 Sold Price as of 07/07/2017

1 Beds
3 Baths
2,890 Sq.Ft.

Off Market

$575,000 Sold Price as of 07/07/2017 Refinance Your Mortgage

Map preview of 118 Verbena Dr, Borrego Springs, CA 92004

Property Overview: 118 Verbena Dr Borrego Springs, CA has 1 bedrooms, 3 bathrooms, 2,890 living square feet and 108,028 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

118 Verbena Dr is currently an off market home in the city of Borrego Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Borrego Springs has a median list price of $389,999. The median price per/sqft for Borrego Springs is $250. With those numbers in mind, if you are looking to purchase a median priced home in Borrego Springs, CA and put 20% down you will need to save up $78,000 for the down payment and will need roughly $7,800 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Borrego Springs the commission could be as much as $22,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 118 Verbena Dr

Last sold for $575,000 on July 7th, 2017

June, 2020
Jun 1, 2020

Date

Expired

CRMLS: 190052412

$599,000

Price
Dec 27, 2019

Date

Price Change

CRMLS: 190052412

$599,000

Price
Sep 21, 2019

Date

Active

CRMLS: 190052412

$625,000

Price
Listing provided courtesy of CRMLS

Locals call this property “The Old Mansion in Borrego Springs.” This stately estate was not built as a typical family home, but as a blissful palace in a secluded setting for memorable occasions with friends. A “U” shaped 2,890 square foot home offers grand indoor and outdoor areas for entertaining and enjoyment of the Borrego desert with an open design and high ceilings throughout. Situated on 2.48 fully walled acres for seclusion and two wrought iron gated entries and mosaic and cement driveway. Drive into the porte-cochere large enough for two cars or park into the two-car detached garage. Enter into the grand entry that is atrium style through double wooden and glass entry doors. Arched windows above French doors throughout offer light and brightness. Stainless steel appliances and granite counter tops with island in the kitchen which is open to the dining and living areas with fireplace. Master bedroom has its own wing and offers sitting area with fireplace and jacuzzi tub. Separate bedroom area with full bath and its own heating and air conditioning unit. There are two air-conditioning/heater units as well as two evaporative coolers in the main house. Sparkling back yard pool and spa with electric cover which looks out to a mountain back drop. Full bath with entry from patio and pool areas. Large back courtyard with trellis’ patio and multiple entries into the home. The mature desert landscaping with palm trees and pathways on the property allow enjoyment of the land. Owned 10 kw solar array. Must be seen and experiences by those with an artistic bent and an adventuresome spirit.. Neighborhoods: Unit D Cooling: Swamp Cooler(s) Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Washer Other Fees: 0 Sewer: Septic Installed Topography: LL

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December, 2018
Dec 29, 2018

Date

Sold

CRMLS: 140032056

$262,000

Price
Listing provided courtesy of CRMLS

Need to close on or before June 25. Large estate home with guest quarters, large pool, incredible views of the mountains, full stucco walls and gates around property, tons of garage space, and lot of beautiful finish work throughout. House has been neglected and will need some work and the pool needs to be drained and cleaned but at this price it is a bargain! Neighborhoods: Unit D Cooling: Swamp Cooler(s) Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL

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July, 2017
Jul 7, 2017

Date

Sold (Public Records)

Public Records

$575,000

Price
July, 2014
Jul 1, 2014

Date

Sold (Public Records)

Public Records

$262,000

Price

Tax History for 118 Verbena Dr

Assessed Value (2020): $598,228

Year	Land Value	Improved Value	Assessed Value
2020	$141,562	$456,666	$598,228

About 118 Verbena Dr

Detailed summary of property

118 Verbena Dr is a single family home in Borrego Springs, CA 92004 and last sold on July 7, 2017 for $575,000. This house has 1 bedrooms, 3 bathrooms, roughly 2,890 living square feet, and sits on an approximately 108,028 square foot lot. Homes in Borrego Springs are selling for a median price of $445,000 and a median price per square foot of $278. Based on Ardent Real Estate Group's Borrego Springs Market Data, this home is sold 29.21% higher than the current median priced home. 118 Verbena Dr was last sold on July 7, 2017 for $575,000. Local nearby listings include 7047 Golden Vale Dr, 4259 Quail Rd and 5617 Via Junipero Serra. The average home in Borrego Springs, CA is selling in 113 days. There are currently 42 homes for sale in the Borrego Springs real estate market and 35 of them are single family homes while 7 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 118 Verbena Dr Borrego Springs, CA 92004 contact Ardent Real Estate Group and we will put you in touch with one of our Borrego Springs agents.

Public Facts for 118 Verbena Dr

Public county record property details

Beds: 1
Baths: 3
Year built: 1992
Sq. Ft.: 2,890
Lot Size: 108,028
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: San Diego
Lot#: 178
APN: 141-382-19-00

The source for these homes facts are from public records.

92004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$389,999

Median List Price/Sq.Ft.

$252

Median Sold Price

$445,000

Median Sold Price/Sq.Ft.

$278

Total Inventory

Median Sale to List Price %

91.75%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (0%), Cash (40%), Other (0%)

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