NOT LISTED FOR SALE

47059 Marrakesh Dr Palm Desert, CA 92260

Estimated Value: $759,000 - $1,199,000

3 Beds
3 Baths
2,566 Sq Ft
$750/mo HOA Fee

Last Sold February 06, 2012

Last sale price $475,000 $185 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,191/month

6 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Midcentury Modern Architecture

About This Home

As of February 2012

This condominium shows beautifully. Nicely remodeled with an added bonus room for 4th bedroom or office. Tile floors in living room, dining room and kitchen. Plantation shutters throughout. Light and bright very clean. Mountain view over private greenbelt with lovely fountain and garden. Beautiful large entry patio. Lovely kitchen. Also available for rent or lease.

Last Agent to Sell the Property

Joan Hobin

Berkshire Hathaway HomeServices California Properties Listed on: 01/12/2012

Last Buyer's Agent

Joan Hobin

Berkshire Hathaway HomeServices California Properties Listed on: 01/12/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,800

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • North Facing Home
  • Stucco Fence
  • Land Lease of $3,084

HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Tar and Gravel Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,566 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Door Entry
  • Formal Dining Room
  • Den

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Golf Cart Parking

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Additional Features

  • In Ground Spa
  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 630291003

Community Details

Overview

  • Association fees include security
  • 364 Units
  • Marrakesh Country Club Subdivision, D Plan
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,800

Year Built

Built in 1972

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builder Model Name: D Plan
  • Builders Tract Code: Marrakesh Country Cl
  • Building Style: Mid Century
  • Included In Sale: Most of the furniture is negotiable under separate contract
  • List Price per Sq Ft: 198.36
  • Lp Sp Ratio: 0.9332
  • Unit Total In Complex: 364
  • View Type: Mountain(s), Park/Green Belt
  • Water District Name: CVWD
  • Year Built: 1972
  • Listing I D: 21446003
  • Listing Member Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 341-2964
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Member Fax: (760) 341-2964
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Lease
  • Subdivision: Marrakesh Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Eating Areas: Formal Dining Room, Living/Dining Combo
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2566.00

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Rain Gutters, Slab
  • Roofing: Concrete, Tar/Gravel, Tile
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Guest

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Dual
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Clubhouse, Fitness Center, Golf - Par 3, Maintenance Grounds, Recreation Room, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 565.00
  • HOA Fee 2: 185.00
  • Total Monthly Association Fees: 750.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 630291003
  • Land Lease Purchase: Yes
  • Lot Acres: 0.1000
  • Lot Size: 4356.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Amt Annual: 3084.00
  • Land Lease Type: Lease

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2015
Sold by
Marrakesh Community Association
Bought by
Kevin W & Carol H Sharer Joint Revocable
Total Days on Market
6
Current Estimated Value
$1,021,653

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
Source: Public Records

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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
Kevin W & Carol H Sharer Joint Revocable $28,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrakesh Community Association $6,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2012 02/06/12 Sold $475,000 -- $185 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
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
2023 $8,800 $631,529 $191,346 $440,183
2022 $8,331 $619,147 $187,595 $431,552
2021 $7,976 $593,873 $180,283 $413,590
2020 $7,255 $539,885 $163,894 $375,991
2019 $7,057 $524,160 $159,120 $365,040
2018 $6,808 $504,000 $153,000 $351,000
2017 $6,776 $502,000 $165,000 $337,000
2016 $6,688 $502,000 $178,000 $324,000
2015 $6,744 $497,000 $180,000 $317,000
2014 $5,608 $425,000 $152,000 $273,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Joan Hobin

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21446003

California Desert Association of REALTORS®

APN: 630-291-003

California Riverside County Palm Desert 92260

47059 Marrakesh Dr, Palm Desert, CA

This home is located at 47059 Marrakesh Dr, Palm Desert, CA 92260 since 12 January 2012 and is currently estimated at $1,021,653, approximately $398 per square foot. This property was built in 1972. 47059 Marrakesh Dr is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter 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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