Seller's Agent in 2020
Todd Hays
Coldwell Banker
(323) 356-2847
30 Total Sales
47025 Marrakesh Dr Palm Desert, CA 92260
Estimated Value: $643,218 - $1,218,000
2
Beds
2
Baths
1,851
Sq Ft
$994/mo
HOA Fee
Highlights
- Golf Course Community
- Fitness Center
- View of Trees or Woods
- Palm Desert High School Rated A
- Primary Bedroom Suite
- Clubhouse
About This Home
As of December 2020In 1969, architects John Elgin Wolf, who counted Grant, Gershwin, Garbo, Gish and Garland as clients, and Richard A. Harrison brought forth their Hollywood Regency masterpiece. The gated community is unparalleled in design and maintained with meticulous care. Entering through a private courtyard, its elegant architecture is captivating. The home includes 2 bedrooms + a den area and 2 en-suite baths. 10’ ceilings run throughout. The living room features a wall of glass opening to the pool, palms and mountain views. Recently renovated, including enlarging the second bedroom, it has recessed lighting, new paint, flooring, custom-built cabinetry with entertainment center, plantation shutters, new cook top, renovated bathrooms and more. Windows and doors in every room accentuate today’s indoor/outdoor lifestyle. The main suite features a wall of glass to a private patio, 10’ ceilings, huge walk-in closet and en-suite bath. Amenities of the home include lots of closet space, attached two-car garage, large covered rear patio and a new foam roof (2018). The pool is right outside your door and is complemented by mountain views, lots of palm trees and verdant hills of a low-density complex cared for with detail. HOA amenities include a clubhouse, fitness center, golf, tennis, pickle ball and more. Marrakesh is located just up the hill and moments away from all the amenities on famed El Paseo. An historic opportunity. Virtual tour: https://my.matterport.com/show/?m=7aRhCA8B2JH
Last Buyer's Agent
Joan Hobin
Bennion Deville Homes License #01218289
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,655
Year Built
- Built in 1969
Lot Details
- 3,920
HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Woods
- Mountain
- Hills
Interior Spaces
- 1,851 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
Additional Features
- Rain Gutters
- 1 Common Wall
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 3837
- Assessor Parcel Number 630170013
Community Details
Overview
- 346 Units
- Marrakesh CC Association, Phone Number (760) 568-2688
- Land Lease Association
- Marrakesh Country Club Subdivision
- Maintained Community
Amenities
- Clubhouse
- Banquet Facilities
- Meeting Room
Recreation
- Golf Course Community
- Tennis Courts
- Ping Pong Table
- Fitness Center
- Community Pool
- Community Spa
Security
- Security Guard
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2020
Closed on
Dec 14, 2020
Sold by
Banta Philip
Bought by
Banta Susan Johnson
Seller's Agent
Todd Hays
Coldwell Banker
Buyer's Agent
Joan Hobin
Bennion Deville Homes
List Price
$430,000
Sold Price
$365,000
Premium/Discount to List
-$65,000
-15.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,555
Avg. Annual Appreciation
15.52%
Purchase Details
Listed on
Apr 29, 2017
Closed on
Nov 7, 2017
Sold by
Gustafson Jane R Fiedler
Bought by
Smith Maurice M and Smith Georgene L
Seller's Agent
John Sloan
Keller Williams Realty
Buyer's Agent
John Sloan
Keller Williams Realty
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$130,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2017
Sold by
Redford Robert D
Bought by
Redford Robert D
Purchase Details
Closed on
Nov 25, 2015
Sold by
Redford Joan B
Bought by
Redford Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,850,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 18, 2015
Sold by
Marrakesh Community Association
Bought by
Redford Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,850,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 9, 2015
Sold by
Smith Michael O
Bought by
Marrakesh Community Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,850,000
Interest Rate
3.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Banta Susan Johnson | -- | Lawyers Title Company | |
| Banta Susan Johnson | $365,000 | Lawyers Title Company | |
| Smith Maurice M | $260,000 | Lawyers Title | |
| Redford Robert D | -- | None Available | |
| Redford Robert D | -- | First American Title Company | |
| Redford Robert D | $26,000 | First American Title Company | |
| Marrakesh Community Association | $8,680,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Maurice M | $130,000 | |
| Previous Owner | Marrakesh Community Association | $6,850,000 | |
| Previous Owner | Marrakesh Community Association | $6,850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2020 12/23/20 | Sold | $365,000 | -2.4% | $197 / Sq Ft |
| 12/07/2020 12/07/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | Price Changed | $374,000 | -2.6% | $202 / Sq Ft |
| 07/23/2020 07/23/20 | Price Changed | $384,000 | -2.8% | $207 / Sq Ft |
| 07/01/2020 07/01/20 | Price Changed | $395,000 | -8.1% | $213 / Sq Ft |
| 06/05/2020 06/05/20 | For Sale | $430,000 | +65.4% | $232 / Sq Ft |
| 11/22/2017 11/22/17 | Sold | $260,000 | -5.5% | $145 / Sq Ft |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- |
| 04/29/2017 04/29/17 | For Sale | $275,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,655 | $395,085 | $138,550 | $256,535 |
| 2023 | $5,655 | $379,745 | $133,171 | $246,574 |
| 2022 | $5,308 | $372,300 | $130,560 | $241,740 |
| 2021 | $5,174 | $365,000 | $128,000 | $237,000 |
| 2020 | $3,987 | $270,504 | $78,030 | $192,474 |
| 2019 | $3,914 | $265,200 | $76,500 | $188,700 |
| 2018 | $3,846 | $260,000 | $75,000 | $185,000 |
| 2017 | $2,112 | $117,431 | $20,033 | $97,398 |
| 2016 | $2,021 | $115,130 | $19,641 | $95,489 |
| 2015 | $2,025 | $113,402 | $19,347 | $94,055 |
| 2014 | $1,738 | $111,182 | $18,969 | $92,213 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Hays
-
J
Buyer's Agent in 2020
Joan Hobin
Bennion Deville Homes
-
John Sloan
Seller's Agent in 2017
John Sloan
Keller Williams Realty
(760) 898-1724
139 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF20107699
APN: 630-170-013
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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