NOT LISTED FOR SALE

47479 Marrakesh Dr Palm Desert, CA 92260

Estimated Value: $622,000 - $853,000

3 Beds
3 Baths
1,972 Sq Ft
4,356 Sq Ft Lot

Last Sold June 16, 2017

Last sale price $307,700 $156 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,518/month

51 Days on Market

About This Home

As of June 2017

One of the most beautiful developments in the desert, Marrakesh Country club is a paradise of pretty pink homes set in the most exquisite landscape you will ever see. The homes are Hollywood Regency in look and were designed by famed designer John Elgin Woolf. This home features expanses of beautiful, white polished porcelain tile and plantation shutters on the windows to give it a classic look. The kitchen sports stainless steel appliances. Located steps from one of two premier pools and spa that are heated year round, the views are of the mountains and lovely green belt. Golf, tennis, fitness center and Club House are all nearby.

Last Agent to Sell the Property

Ttk Represents

Compass License #01327863 Listed on: 03/29/2017

Compass

Last Buyer's Agent

Laurie Moulton

Lux Box Agency License #01987581

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,113

Year Built

1969

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2017-03-29
  • Full Bathroom: 3
  • Building Size: 1972.0
  • Building Structure Style: Mid Century
  • Driving Directions: From Hwy 111 go south on Portala. Enter Marrakesh main gate (guarded) off Portola
  • Full Street Address: 47479 MARRAKESH DR
  • Lot Location: On Golf Course
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2017-06-19
  • Spa Descriptions: Association Spa, Community, Heated
  • Unit Floor In Building: 1
  • Total Number of Units: 364
  • View Type: Park Or Green Belt View, Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Advertising Remarks: One of the most beautiful developments in the desert, Marrakesh Country club is a paradise of pretty pink homes set in the most exquisite landscape you will ever see. The homes are Hollywood Regency in look and were designed by famed designer John Elgin
  • Total Bedrooms: 3
  • Builders Tract Code: 4020
  • Builders Tract Name: MARRAKESH COUNTRY CL
  • Fireplace: No
  • Levels: One Level, Ground Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Inside, Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 4356
  • Common Walls: Attached
  • Patio: Enclosed
  • Community Features: Golf Course within Development
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Cooling Type: Central A/C
  • Heating Type: Central Furnace
  • Security: 24 Hour, Gated Community with Guard

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Card Room, Controlled Access, Fitness Center, Gated Community Guard, Golf, Guest Parking, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • Association Name: Marrakesh Community Association
  • HOA Fees: 975.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 31, 2017
Sold by
Marrakesh Community Assn
Bought by
Horwitch Stephen Michael and Sullivan James Joseph
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Laurie Moulton
Lux Box Agency
List Price
$347,770
Sold Price
$307,700
Premium/Discount to List
-$40,070
-11.52%
Current Estimated Value
$747,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,557
Avg. Annual Appreciation
11.30%

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
Not Available
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
Horwitch Stephen Michael -- First American Title Company
Marrakesh Community Association $8,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwitch Stephen Michael $276,000
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
06/16/2017 06/16/17 Sold $307,700 -8.9% $156 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/27/2017 04/27/17 Price Changed $337,770 -2.9% $171 / Sq Ft
03/29/2017 03/29/17 For Sale $347,770 +139.8% $176 / Sq Ft
03/15/2012 03/15/12 Sold $145,000 -9.1% $74 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $159,500 -- $81 / Sq Ft
Source: The MLS

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 $5,113 $357,107 $107,932 $249,175
2023 $5,113 $343,242 $103,742 $239,500
2022 $4,784 $336,512 $101,708 $234,804
2021 $4,659 $329,914 $99,714 $230,200
2020 $4,582 $326,532 $98,692 $227,840
2019 $4,496 $320,130 $96,757 $223,373
2018 $4,423 $313,854 $94,860 $218,994
2017 $2,906 $182,896 $55,191 $127,705
2016 $2,795 $179,310 $54,109 $125,201
2015 $2,803 $176,619 $53,298 $123,321
2014 $2,502 $173,161 $52,255 $120,906
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Ttk Represents

    Compass

    (760) 350-9253

    243 Total Sales

    Section Image
  • Laurie Moulton

    Buyer's Agent in 2017

    Laurie Moulton

    Lux Box Agency

    (971) 678-0438

    10 Total Sales

    Section Image

  • T

    Seller's Agent in 2012

    Torey Severino and Associates

    Bennion Deville Homes

  • E

    Buyer's Agent in 2012

    Esther Pelech

    Tarbell REALTORS

  • D

    Buyer Co-Listing Agent in 2012

    Didona Marcinkevicius

    Coldwell Banker Realty

    (760) 641-6990

    86 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-215624PS

The MLS

APN: 630-210-016

California Riverside County Palm Desert 92260

47479 Marrakesh Dr, Palm Desert, CA

This home is located at 47479 Marrakesh Dr, Palm Desert, CA 92260 since 29 March 2017 and is currently estimated at $747,257, approximately $378 per square foot. This property was built in 1969. 47479 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.

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