NOT LISTED FOR SALE

148 Chalaka Place Palm Desert, CA 92260

Estimated Value: $2,423,000 - $3,362,000

4 Beds
5 Baths
4,652 Sq Ft
$630/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,775,000 $382 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $18,440/month

49 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Custom Home
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of March 2021

Opportunity abounds with this classic desert contemporary home, located on the 18th fairway of BIGHORN's Mountains Golf Course. Floor-to-ceiling glass with mitered corners offer light throughout the day. Open floor plan with outdoor entertaining areas on the golf course side, plus private pool and spa within the entry courtyard. Located on a quiet cul-de-sac, walking distance to Club amenities, this home has great 'bones', ready to be updated by it's next owner.

Last Agent to Sell the Property

Ball Lorna

Bighorn Properties, Inc. License #00977456 Listed on: 01/12/2021

Last Buyer's Agent

Trevor Printz

Bighorn Properties, Inc. License #01450638

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Home has East and West Exposure
  • Landscaped
  • Level Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $1,150 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 4,652 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • High Ceiling
  • Raised Hearth
  • Gas Log Fireplace
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Utility Room
  • Carpet

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • 5 Full Bathrooms
  • Double Vanity
  • Bidet
  • Secondary bathroom tub or shower combo
  • Double Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Outdoor Features

  • Water Fountains
  • Outdoor Grill

Location

  • Ground Level
  • Property is near clubhouse

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 771330005

Community Details

Overview

  • Association fees include cable TV, trash, security
  • Bighorn Golf Club Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Putting Green
  • Dog Park

Security

  • Security Service
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0.33 Acres

HOA Fees

$1,150 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East, Leisure Faces West
  • Levels: Ground
  • Building Number Of Stories: 2
  • Building Style: Contemporary, Modern
  • List Price per Sq Ft: 425.62
  • Lp Sp Ratio: 0.9000
  • View Type: Golf Course, Mountain(s)
  • Year Built: 1992
  • Listing I D: 219055578
  • Listing Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Listing Member Fax: (760) 610-8445
  • Listing Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-1983
  • Selling Member Address: 535 Mesquite Hills, Palm Desert, CA 92260-2723
  • Selling Office Address: 535 Mesquite Hills, Palm Desert, CA 92260
  • Selling Office Fax: (760) 779-1983
  • Land Type: Fee
  • Subdivision: Bighorn Golf Club
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Gas Cooktop, Microwave Oven, Gas Range, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: High Ceilings (9 Ft+), Wet Bar, Open Floorplan
  • Fireplace Features: Raised Hearth, Gas Log, Gas, Gas Starter
  • Flooring: Carpet
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Under Vanity Lighting, Shower & Tub, Remodeled, Powder Room, Double Vanity(s), Double Shower
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Kitchen Features: Island, Granite Slab Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 4652.00

Exterior Features

  • Construction: Stucco, Stone Veneer
  • Other Features: Barbeque Private, Putting Green, Custom Built
  • Pool: Yes
  • Pool Accessories: Fountain
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Gunite, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Private, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Direct Entrance, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Central, Zoned, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community, Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash, Security
  • HOA Information: Yes
  • HOA Fee 1: 1150.00
  • Total Monthly Association Fees: 1150.00

Lot Info

  • Assessor Parcel Number: 771330005
  • Lot Description: Back Yard, Yard, Utilities Underground, Single Lot, Level, Landscaped, Front Yard, Curbs
  • Lot Location: Close to Clubhouse, On Golf Course, Cul-De-Sac
  • Lot Size: 14288.00

Rental Info

  • Will Consider Lease: Yes
  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 2, 2021
Sold by
Stuart Scott and Stuart Tiffany A
Bought by
Chalaka Place Llc
Seller's Agent
Ball Lorna
Bighorn Properties, Inc.
Buyer's Agent
Trevor Printz
Bighorn Properties, Inc.
List Price
$1,980,000
Sold Price
$1,775,000
Premium/Discount to List
-$205,000
-10.35%
Current Estimated Value
$2,999,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,224,747
Avg. Annual Appreciation
10.68%
Original Mortgage
$1,455,500
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Sachs Michael M and Sachs Maureen A
Bought by
Stuart Scott and Stuart Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1996
Sold by
Denman Richard J and Denman Living Trust
Bought by
Sachs Michael M and Sachs Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 8, 1995
Sold by
Desert Communities Inc
Bought by
Denman Richard J and Denman Martha D

Purchase Details

Closed on
Oct 26, 1993
Sold by
Equitable Deed Company
Bought by
Westinghouse Desert Communities Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chalaka Place Llc $1,600,500 Lawyers Title Company
Stuart Scott $2,300,000 Southland Title Inland Empir
Sachs Michael M $1,200,000 Orange Coast Title
Denman Richard J $1,125,000 Stewart Title Co
Westinghouse Desert Communities Inc $797,210 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chalaka Place Llc $1,455,500
Previous Owner Stuart Scott $1,380,000
Previous Owner Sachs Michael M $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,775,000 -10.4% $382 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $1,980,000 -- $426 / Sq Ft
Source: California Desert Association of REALTORS®

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 $22,225 $1,813,072 $703,580 $1,109,492
2023 $22,225 $1,742,670 $676,260 $1,066,410
2022 $21,323 $1,708,500 $663,000 $1,045,500
2021 $22,115 $2,495,468 $976,592 $1,518,876
2020 $27,415 $2,228,096 $871,957 $1,356,139
2019 $26,632 $2,163,200 $846,560 $1,316,640
2018 $25,628 $2,080,000 $814,000 $1,266,000
2017 $25,444 $2,067,000 $809,000 $1,258,000
2016 $24,802 $2,025,000 $812,000 $1,213,000
2015 $25,278 $2,025,000 $825,000 $1,200,000
2014 $27,091 $2,167,000 $848,000 $1,319,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219055578

California Desert Association of REALTORS®

APN: 771-330-005

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