NOT LISTED FOR SALE

47464 Maroc Cir Palm Desert, CA 92260

Estimated Value: $649,000 - $1,448,000

3 Beds
3 Baths
2,482 Sq Ft
$1,458/mo HOA Fee

Last Sold September 22, 2020

Last sale price $367,500 $148 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $7,653/month

114 Days on Market

Highlights

  • Golf Course Community
  • End Unit
  • Controlled Access
  • Palm Desert High School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of September 2020

Single story condo located in the highly desired community of Marrakesh Community Association. Property is located on a cul-de-sac street and features privacy with secluded front entrance. Located near Marrakesh Country Club, golfing, The Living Desert Zoo and Gardens, shopping, dining and convenient access to Hwy 74.

Last Agent to Sell the Property

Jason Thorman

eXp Realty of California Inc License #01516355 Listed on: 02/10/2020

eXp Realty of California Inc

Last Buyer's Agent

David Bruce

License #01987292

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,057

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall
  • Land Lease

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,482 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 3957
  • Assessor Parcel Number 630260004

Community Details

Overview

  • 364 Units
  • Marrakesh Country Club Association, Phone Number (760) 568-2688
  • Marrakesh Leasholding Ptp Association, Phone Number (760) 773-2195

Recreation

  • Golf Course Community

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,057

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,458 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Marrakesh Country Club (32322)
  • View: No
  • Zoning: PR030
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 630260004
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2482.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 148.07
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Marrakesh Leasholding PTP
  • Amenities: Call for Rules, Controlled Access
  • Association Fee: 1148.04
  • Association #2 Fee: 310.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Marrakesh Country Club
  • Phone: 760-568-2688
  • Association Phone #2: 760-773-2195
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Golf
  • Association Management: Marrakesh Country Club
  • Association Management 2: Marrakesh Leasholding PTP

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 364
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 451.15
  • Tax Lot: 4
  • Tax Tract Number: 3957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Corso Peri Grace and Corso Monet Margo
Bought by
Corso Peri Grace
Current Estimated Value
$1,073,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Outstanding Balance
$2,549,952
Interest Rate
6.89%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$1,446,523

Purchase Details

Listed on
Feb 10, 2020
Closed on
Sep 9, 2020
Sold by
Marrakesh Community Association
Bought by
Corso Peri Grace and Corso Monet Margo
Seller's Agent
Jason Thorman
eXp Realty of California Inc
Buyer's Agent
David Bruce
List Price
$382,000
Sold Price
$367,500
Premium/Discount to List
-$14,500
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%
Original Mortgage
$294,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2019
Sold by
Kelly James M and Kelly Beth F
Bought by
The Bank Of New York Mellon and Certificateholders Cwalt Inc

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
Corso Peri Grace -- Wfg National Title
Corso Peri Grace $28,500 Servicelink
The Bank Of New York Mellon $435,383 Accommodation
Marrakesh Community Association $8,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corso Peri Grace $294,000
Previous Owner Marrakesh Community Association $6,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $367,500 -3.8% $148 / Sq Ft
09/14/2020 09/14/20 For Sale $382,000 +3.9% $154 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
06/03/2020 06/03/20 Off Market $367,500 -- --
05/04/2020 05/04/20 Price Changed $382,000 -10.1% $154 / Sq Ft
04/24/2020 04/24/20 For Sale $425,000 0.0% $171 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $425,000 -- $171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,057 $428,602 $151,540 $277,062
2023 $6,057 $411,960 $145,656 $266,304
2022 $5,695 $403,883 $142,800 $261,083
2021 $5,553 $395,964 $140,000 $255,964
2020 $5,594 $400,000 $140,000 $260,000
2019 $5,373 $392,389 $118,860 $273,529
2018 $5,275 $384,696 $116,530 $268,166
2017 $5,177 $377,154 $114,246 $262,908
2016 $5,008 $369,759 $112,006 $257,753
2015 $5,024 $364,207 $110,325 $253,882
2014 $4,684 $357,074 $108,165 $248,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20030030

California Regional Multiple Listing Service (CRMLS)

APN: 630-260-004