39955 Estates Rd, Rancho Mirage, CA 92270
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39955 Estates Rd Rancho Mirage, CA 92270

$1,425,000 Sold Price as of 02/24/2022
  • 8 Beds
  • 8 Baths
  • 3,600 Sq.Ft.
Sold
$1,425,000 Sold Price as of 02/24/2022 Refinance Your Mortgage

Map preview of 39955 Estates Rd, Rancho Mirage, CA 92270

Property Overview: 39955 Estates Rd Rancho Mirage, CA has 8 bedrooms, 8 bathrooms, 3,600 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Contemporary 4-Plex in the Thunderbird Heights Neighborhood of Rancho Mirage. Tropical Estates will make you feel like you’re walking onto the set of Mid-Century Hollywood Movie. Remodeled throughout 2021: All units are 2bd & 2ba, and feature, fireplace, ensuite laundry, stainless steel appliances with French door refrigerators, new quartz countertops, kitchen cabinets, flooring, lighting, and water fixtures, unique property features include; a private cul de sac location, spacious floor plans with large rooms, sparkling pool, mountain views, luxuriously furnished social area with BBQ, common area, and secured storage.* 2 of the 4 units are located at the mountain base, and have private patios with BBQ grills.

Listed by Gabriel Arambula | BRE #01513927 | Broker Groves, Inc
Last checked: 11 minutes ago | Last updated: January 4th, 2023 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW21264615
City
Rancho Mirage
County
Riverside
Time on Site
833 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $8,400
  • Pro Forma/Market Rent: $8,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $100,800
  • Net Operating Income: $92,228
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $8,572
  • Trash: $1,200
  • Insurance: $2,400

Property Details for 39955 Estates Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen, Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Refrigerator
Interior Features
  • Beamed Ceilings, Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Common Roof, Tar/Gravel
  • Has Fence
  • Brick, Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Attached Carport, Covered
Lot Information
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Desert, Hills, Neighborhood
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 689202004
  • Year Built Source: Appraiser
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Thunderbird Heights (32201)
  • Directions: CA-111 Thunder Rd. to Estate Rd.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Golf, Hiking, Suburban
View more facts & features

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Sale History for 39955 Estates Rd

Last sold for $1,425,000 on February 24th, 2022
  • January, 2022

  • Jan 22, 2022

    Date

    Active Under Contract

    CRMLS: PW21264615

    $1,399,000

    Price

  • January, 2021

  • Jan 5, 2021

    Date

    Sold

    CRMLS: 219049781DA

    $765,000

    Price

  • Oct 12, 2020

    Date

    Active Under Contract

    CRMLS: 219049781DA

    $799,000

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: 219049781DA

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    4 Unit Complex located in Rancho Mirage. Each unit features 2 Bedrooms and 2 bathrooms.

  • December, 2020

  • Dec 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $765,000

    Price

  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 39955 Estates Rd

Assessed Value (2020): $579,986
Year Land Value Improved Value Assessed Value
2020 $149,302 $430,684 $579,986

Home Value Compared to the Market

This property vs the competition

39955 Estates Rd sold on February 24, 2022 for 43.49% higher than the current median sold price for the city of Rancho Mirage which is $975,000. The median sold price per/sqft for Rancho Mirage is $395 and this home is sold at $388.61 per/sqft which puts the price per square foot 1.62% lower than the current median sale per square foot for the city of Rancho Mirage.

About 39955 Estates Rd

Detailed summary of property

39955 Estates Rd is a fourplex that recently sold in Rancho Mirage, CA 92270. This fourplex offered 8 bedrooms, 8 bathrooms, roughly 3,600 living square feet, and sits on an approximately 8,712 square foot lot. 39955 Estates Rd was first listed on ArdentRealEstateGroup.com on January 8, 2022. The homeowner sold the property for $1,425,000. Home in Rancho Mirage are selling for a median price of $975,000 and a median price per square foot of $395. Based on Ardent Real Estate Group's Rancho Mirage Market Data, this home is sold 43.49% higher than the current median priced home. Local homes that are currently for sale include 215 E Belmont St, 774 N 1st Ave and 12015 Silicon Ave. While the average home in Rancho Mirage, CA is selling in 79 days, 39955 Estates Rd has a days on market of 3 days. There are currently 403 homes for sale in the Rancho Mirage real estate market and 270 of them are single family homes while 132 of them are condos and 1 are townhomes. For more information on this home for sale at 39955 Estates Rd Rancho Mirage, CA 92270 contact Ardent Real Estate Group and we will put you in touch with one of our Rancho Mirage agents.

Public Facts for 39955 Estates Rd

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
--
Lot Size
8,712
Stories
1
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
37
APN
689-202-004

The source for these homes facts are from public records.

92270 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$421
Median Sold Price
$975,000
Median Sold Price/Sq.Ft.
$397
Total Inventory
399
Median Sale to List Price %
90.7%
Avg Days on Market
68
Loan Type
Conventional (27.94%), FHA (0%), VA (0%), Cash (52.94%), Other (11.76%)

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Related Resources to 39955 Estates Rd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.