NOT LISTED FOR SALE

47428 Rabat Dr Palm Desert, CA 92260

Estimated Value: $1,271,000 - $1,702,000

3 Beds
3 Baths
2,482 Sq Ft
$1,205/mo HOA Fee

Last Sold July 30, 2018

Last sale price $375,000 $151 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $10,137/month

444 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Gated Community
  • Palm Desert High School Rated A
  • Heated In Ground Pool
  • Updated Kitchen

About This Home

As of July 2018

HUGE price reduction. Best price on a D plan in Marrakesh. Lovely location looking across the 8th fairway. Pool, spa and guest parking just steps from the front gate. Remodeled kitchen, dual master suites, cozy fireplace, and spectacular master closet among the many special features. Owners have moved from the desert and are offering their home at a great price for buyers who are looking for the right house to remodel to suit their needs.Marrakesh full membership is only $15,000 at close of escrow.

Last Agent to Sell the Property

Dale Lynn Chalifoux

DLC Realty, Inc. License #00808185 Listed on: 04/12/2017

Last Buyer's Agent

William Shattuck

Pacific Landmark Inc License #00706083

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,934

Year Built

  • Built in 1970

Lot Details

  • On Golf Course
  • Home has North and South Exposure
  • Sprinklers on Timer

HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 2,482 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Gas Log Fireplace
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Updated Kitchen
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Guest Parking
  • Golf Cart Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 630260022

Community Details

Overview

  • Association fees include building & grounds, security, clubhouse
  • 364 Units
  • Marrakesh Country Club Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Clubhouse
  • Card Room

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,934

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,205 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Marrakesh Country Cl
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Foyer
  • List Price per Sq Ft: 161.12
  • Lp Sp Ratio: 0.9377
  • Unit Total In Complex: 364
  • View Type: Golf Course, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1970
  • Listing I D: 217010450
  • Listing Member Address: 74040 Hwy 111, Palm Desert, CA 92260
  • Listing Member Fax: (760) 320-9305
  • Listing Office Address: 74040 Highway 111, Palm Desert, CA 92260
  • Listing Office Fax: (760) 837-1199
  • Selling Office Address: 1600 Dove Street, Suite 107, Newport Beach, CA 92660-2123
  • Land Type: Fee
  • Subdivision: Marrakesh Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Linen Closet
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area, Formal Dining Room
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Kitchen
  • Estimated Sq Ft: 2482.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Side By Side, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Clubhouse
  • Association Amenities: Clubhouse, Tennis Courts, Pet Rules, Management, Maintenance Grounds, Guest Parking, Golf - Par 3, Greenbelt/Park, Golf Course, Fitness Center, Card Room
  • HOA Information: Yes
  • HOA Fee 1: 595.96
  • HOA Fee 2: 104.04
  • HOA Fee 3: 505.00
  • Total Monthly Association Fees: 1205.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 630260022
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.1000
  • Lot Description: Curbs, Utilities Underground
  • Lot Location: On Golf Course
  • Lot Size: 4356.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jul 2, 2018
Sold by
Marrakesh Community Assn
Bought by
Burns Bonnie Melinda and Bonnie Melinda Burns Family Trust
Seller's Agent
Dale Lynn Chalifoux
DLC Realty, Inc.
Buyer's Agent
William Shattuck
Pacific Landmark Inc
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Current Estimated Value
$1,560,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185,585
Avg. Annual Appreciation
22.78%

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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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
Burns Bonnie Melinda $375,000 First American Title
Marrakesh Community Association $8,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marrakesh Community Association $6,850,000
Previous Owner Marrakesh Community Association $6,850,000
Previous Owner Miles Richard J $100,000
Previous Owner Miles Richard J $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $375,000 -6.2% $151 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $399,900 -5.9% $161 / Sq Ft
03/28/2018 03/28/18 For Sale $425,000 0.0% $171 / Sq Ft
03/28/2018 03/28/18 Price Changed $425,000 +13.3% $171 / Sq Ft
02/14/2018 02/14/18 Off Market $375,000 -- --
09/08/2017 09/08/17 For Sale $469,000 +25.1% $189 / Sq Ft
07/28/2017 07/28/17 Off Market $375,000 -- --
04/12/2017 04/12/17 For Sale $469,000 -- $189 / 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 $5,934 $418,314 $83,658 $334,656
2023 $5,934 $402,072 $80,410 $321,662
2022 $5,576 $394,189 $78,834 $315,355
2021 $5,437 $386,461 $77,289 $309,172
2020 $5,346 $382,499 $76,497 $306,002
2019 $5,247 $375,000 $74,998 $300,002
2018 $3,313 $216,086 $75,765 $140,321
2017 $3,257 $211,850 $74,280 $137,570
2016 $3,138 $207,697 $72,824 $134,873
2015 $3,147 $204,580 $71,731 $132,849
2014 $2,840 $200,575 $70,327 $130,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217010450

California Desert Association of REALTORS®

APN: 630-260-022