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5 King Edward Court

5 King Edward Court, Rancho Mirage, CA 92270
Sold Nov 01, 2021
$915,000
Sold May 31, 2019
$570,000
$485,000 by Ubs Bank Usa
Mortgage Due Jun 01, 2049
Local assessors in Rancho Mirage, CA have categorized 5 King Edward Court as a residential type of property. The home was built in 1999 and is 25 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 12,632 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5 King Edward Court has a total of 2,893 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 441 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 King Edward Court sold most recently in Oct 29, 2021 for a total of $915,000. If you work out the math, that's approximately a cost of $244.39 per sqft. Before that, the property was also sold for $570,000 in May 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,923 in taxes each year. The initial year of tax delinquency occurred in 2023. 5 King Edward Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $933,300. If we break it down further, the land itself was valued at $275,400. Improvements to the property, however, were assessed at a total of $657,900. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
Open Parking

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 3,744
  • Gross Building Area: 3,744
  • Building Area: 2,893
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,893
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 28293
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .29 ACRES M/L IN LOT 69 MB 260/094 TR 28293

Ownership

  • Current Owner : MUNROE MARK
  • Previous Owner : HOCKMAN STUART
  • Previous Owner 2: HOCKMAN BONNIE
  • Owner Before Previous Owner: TUKULOFF VICTOR
  • Owner Before Previous Owner 2: TUKULOFF MICHELLE M
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044921

Geography

  • Subdivision Tract Number: 28293
  • Parcel: 676-400-007
  • Lot: 69
  • Municipality: RANCHO MIRAGE
  • Latitude: 33.7887
  • Longitude: -116.409

    Address

  • Full Address: 5 King Edward Ct
  • Address - House Number: 5
  • Address - Street Name: King Edward
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Rancho Mirage
  • Carrier Code: C020
  • 4-Digit Zip Code: 1619
  • Zip Code: 92270

Valuation

    Tax

  • Total Area: 2,633
  • Tax Year: 2023
  • Tax Amount: $12,923
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 017-200

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 1,038,341
  • High Value: 1,227,486
  • Low Value: 849,195

    Market Valuation

  • Market Total Value: $802,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $933,300
  • Assessed Land Value: $275,400
  • Assessed Improvements Value: $657,900

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11862109601
  • Current Sale Price: $915,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0645607
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: UBS BANK USA
  • Previous Mortgage Transaction Date: May 31, 2019
  • Previous Mortgage Loan Amount: $485,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 5 King Edward Court located in?
The 5 King Edward Court is a house located in the neighborhood of Victoria Falls in Victoria Falls, Rancho Mirage.
What is the average sales price for listings in 5 King Edward Court?
The average sales price for units in 5 King Edward Court is $0 currently.

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