NOT LISTED FOR SALE

21525 Penny Ln Desert Hot Springs, CA 92241

Estimated Value: $1,034,209 - $1,301,000

4 Beds
4.5 Baths
3,310 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $629,000 $190 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,149/month

520 Days on Market

Highlights

  • Mountain View
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Great Room with Fireplace
  • Tile Flooring
  • Dining Room

About This Home

As of September 2020

Motivated seller! Located in Sky Valley this beautiful Santa Fe custom built home sits on 5 acres with spectacular views of the surrounding mountains. Spacious interior with lots of privacy. There is a 40x60 steel building perfect for the car collector, contractor, etc. with 10x14 ft. roll up doors to accommodate two 45' RV's, 50 amp. pedestal & dump. Full bath in shop, 50 amp. RV hookup on outside of shop. 6500 CFM swamp cooler for shop. 100 amp. panel in shop. For the house - 400 amp. main service with 200 amp. sub panel, 3 zoned electric water heaters, 2x6 construction, all 5/8 in. drywall, 810 SF garage, 50 amp. RV hookup on outside of garage, low E 5' windows (Most), split AC units (5 ton/4 ton),2 separately ducted 6800 CFM evap. coolers, jetted tub, double sink kitchen, 2 dishwashers, double ovens, granite & marble counters, tile/newer carpet flooring, wood burning/gas fireplace, French doors & fans throughout. Appt. only. Seller requests 2 month lease back. Income potential to lease steel Bldg.

Last Agent to Sell the Property

James Scarcella

HomeSmart License #01182849 Listed on: 04/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,841

Year Built

  • Built in 2006

Lot Details

  • 5

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,310 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Dining Room
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • 5 Acre Lot
  • Accessory Dwelling Unit (ADU)

Listing and Financial Details

  • Assessor Parcel Number 647160017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,841

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA344
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 193.05
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 2006
  • Listing I D: 219011039
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 1024 E. Colorado St., Glendale, CA 91205
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 3310.00

Exterior Features

  • Other Structures: Accessory Bldgs
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Oversized
  • Total Covered Spaces: 10.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 13.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 647160017
  • Lot Acres: 5.0000
  • Lot Size: 217800.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Geghetsik Gevorgyan
Bought by
Hovakimyan Katrina
Current Estimated Value
$1,140,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,500
Outstanding Balance
$492,600
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$604,943

Purchase Details

Closed on
Jun 16, 2022
Sold by
Geghetsik Gevorgyan
Bought by
Gevorgyan Geghetsik and Hovakimyan Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,500
Outstanding Balance
$492,600
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$604,943

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jul 14, 2020
Sold by
Kinswater Douglas F and Kinswater Nadine M
Bought by
Gevorgyan Geghetsik
Seller's Agent
James Scarcella
HomeSmart
List Price
$639,000
Sold Price
$629,000
Premium/Discount to List
-$10,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.98%
Original Mortgage
$503,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Vanry William B
Bought by
Kinswater Douglas F and Kinswater Nadine M

Purchase Details

Closed on
Dec 26, 2002
Sold by
Angel View Crippled Childrens Foundation
Bought by
Vanry William B

Purchase Details

Closed on
Nov 19, 1996
Sold by
Ruskin Jean Trust and Bernard
Bought by
Angel View Crippled Childrens Foundation
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
Hovakimyan Katrina -- Stewart Title Of California
Gevorgyan Geghetsik -- None Listed On Document
Gevorgyan Geghetsik $629,000 Chicago Title Company
Kinswater Douglas F $30,000 New Century Title Company
Vanry William B $25,000 Landsafe Title
Angel View Crippled Childrens Foundation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovakimyan Katrina $190,000
Open Hovakimyan Katrina $513,500
Previous Owner Gevorgyan Geghetsik $503,200
Previous Owner Kinswater Douglas F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $629,000 -1.6% $190 / Sq Ft
02/26/2020 02/26/20 For Sale $639,000 +1.6% $193 / Sq Ft
02/06/2020 02/06/20 Off Market $629,000 -- --
11/25/2019 11/25/19 Price Changed $639,000 -2.4% $193 / Sq Ft
10/11/2019 10/11/19 Price Changed $655,000 -5.8% $198 / Sq Ft
04/10/2019 04/10/19 For Sale $695,000 -- $210 / 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 $10,841 $873,936 $218,484 $655,452
2023 $10,841 $654,411 $160,221 $494,190
2022 $8,429 $641,580 $157,080 $484,500
2021 $9,038 $629,000 $154,000 $475,000
2020 $4,372 $345,374 $38,989 $306,385
2019 $4,296 $338,603 $38,225 $300,378
2018 $4,214 $331,965 $37,477 $294,488
2017 $4,150 $325,457 $36,743 $288,714
2016 $4,026 $319,076 $36,023 $283,053
2015 $3,876 $314,285 $35,483 $278,802
2014 $3,846 $308,131 $34,789 $273,342
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Scarcella

    HomeSmart

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219011039

California Desert Association of REALTORS®

APN: 647-160-017

California Riverside County Desert Hot Springs 92241

21525 Penny Ln, Desert Hot Springs, CA

This home is located at 21525 Penny Ln, Desert Hot Springs, CA 92241 since 10 April 2019 and is currently estimated at $1,139,302, approximately $344 per square foot. This property was built in 2006. 21525 Penny Ln is a home located in Riverside County with nearby schools including Della S. Lindley Elementary School, Desert Springs Middle School, and Desert Hot Springs High School.

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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