NOT LISTED FOR SALE

47408 Marrakesh Dr Palm Desert, CA 92260

Estimated Value: $670,974 - $802,000

2 Beds
2 Baths
1,948 Sq Ft
$740/mo HOA Fee

Last Sold September 26, 2012

Last sale price $150,000 $77 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $4,974/month

462 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Two Primary Bedrooms
  • Palm Desert High School Rated A
  • Spa
  • Gated Community

About This Home

As of September 2012

GREAT REDUCTION!!! This is a two bedroom two bath home plus a bonus room off of the guest bedroom that could be used as an office or child room. Huge living room with 10' high windows, Master bedroom is very large and bright with a huge walk/in closet. Expansive front courtyard and back patio located on a quiet green belt steps away from a swimming pool. Very clean, neutral colors throughout, like a blank canvas waiting for a personal touch to bring it to life. Built in the Hollywood Regency style, Marrakesh offers an 18 hole executive golf course, 14 pools and spas, tennis, a fitness room and a very active club house complete with a very fine restaurant.

Last Agent to Sell the Property

Esther Pelech

Coldwell Banker Realty License #01436216 Listed on: 06/02/2011

Coldwell Banker Realty

Co-Listed By

Didona Marcinkevicius

Coldwell Banker Realty License #01733481

Last Buyer's Agent

Barbara Miles

Coldwell Banker Realty License #00400454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,706

Year Built

  • Built in 1971

Lot Details

  • South Facing Home
  • Block Wall Fence
  • Land Lease of $3,170

HOA Fees

Parking

  • Detached Garage

Home Design

  • Turnkey
  • Foam Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Formal Dining Room
  • Bonus Room
  • Atrium Room
  • Storage
  • Carpet
  • Pool Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Central Air
  • Property is located within a water district

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 630260035

Community Details

Overview

  • Marrakesh Country Club Subdivision
  • Greenbelt

Amenities

  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,706

Year Built

Built in 1971

Lot Details

0

HOA Fees

$740 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builders Tract Code: Marrakesh Country Cl
  • Included In Sale: all appliances and furnished per inventory provided at time of offer.
  • List Price per Sq Ft: 89.84
  • Lp Sp Ratio: 0.8571
  • View Type: Pool
  • Year Built: 1971
  • Co Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 776-1666
  • Listing I D: 21429721
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Lease
  • Subdivision: Marrakesh Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas/Elec Dryer Hookup, Refrigerator, Washer
  • Interior Amenities: High Ceilings (9 Ft+), Storage
  • Flooring: Carpet
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Formal Dining Room, Living/Dining Combo
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1948.00

Exterior Features

  • Roofing: Foam
  • Fencing: Block
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Association Amenities: Banquet Facilities, Clubhouse, Fitness Center, Golf Course, Greenbelt/Park, Recreation Room
  • HOA Information: Yes
  • HOA Fee 1: 555.00
  • HOA Fee 2: 185.00
  • Total Monthly Association Fees: 740.00
  • Unit Location: Ground Floor

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 630260035
  • Lot Acres: 0.1000
  • Lot Location: Greenbelt
  • Lot Size: 4356.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Amt Annual: 3170.00
  • Land Lease Type: Lease

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Rowan Patricia
Bought by
Brant Peter N
Current Estimated Value
$740,244

Purchase Details

Closed on
Oct 25, 2024
Sold by
Carvalho Joao Paulo
Bought by
Brant Peter N

Purchase Details

Closed on
Mar 7, 2024
Sold by
Carvaiho Trust and Carvaiho Joao Paulo
Bought by
Carvalho Joao Paulo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2015
Sold by
Marrakesh Community Association
Bought by
The Carvalho Trust

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
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
Brant Peter N -- Equity Title Company
Brant Peter N -- Equity Title Company
Brant Peter N $630,000 Equity Title
Brant Peter N $630,000 Equity Title
Carvalho Joao Paulo -- None Listed On Document
The Carvalho Trust $28,500 First American Title Company
Marrakesh Community Association $8,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carvalho Joao Paulo $250,000
Previous Owner Marrakesh Community Association $6,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2012 09/26/12 Sold $150,000 -14.3% $77 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $175,000 -5.4% $90 / Sq Ft
06/05/2012 06/05/12 For Sale $185,000 +23.3% $95 / Sq Ft
05/31/2012 05/31/12 Off Market $150,000 -- --
03/30/2012 03/30/12 Price Changed $185,000 -2.1% $95 / Sq Ft
03/28/2012 03/28/12 Price Changed $189,000 -5.0% $97 / Sq Ft
01/31/2012 01/31/12 Price Changed $199,000 -9.1% $102 / Sq Ft
12/08/2011 12/08/11 Price Changed $219,000 +4.8% $112 / Sq Ft
12/03/2011 12/03/11 Price Changed $209,000 -12.6% $107 / Sq Ft
06/02/2011 06/02/11 For Sale $239,000 -- $123 / 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 $3,706 $630,000 $230,000 $400,000
2023 $3,706 $223,689 $59,173 $164,516
2022 $3,435 $219,304 $58,013 $161,291
2021 $3,337 $215,005 $56,876 $158,129
2020 $3,287 $212,801 $56,293 $156,508
2019 $3,228 $208,630 $55,190 $153,440
2018 $3,173 $204,540 $54,109 $150,431
2017 $3,120 $200,531 $53,049 $147,482
2016 $3,004 $196,600 $52,009 $144,591
2015 $3,012 $193,649 $51,229 $142,420
2014 $2,708 $189,858 $50,227 $139,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21429721

California Desert Association of REALTORS®

APN: 630-260-035