NOT LISTED FOR SALE

47485 Marrakesh Dr Palm Desert, CA 92260

Estimated Value: $616,228 - $726,000

2 Beds
2 Baths
1,785 Sq Ft
$382/Sq Ft Est. Value

About This Home

This home is located at 47485 Marrakesh Dr, Palm Desert, CA 92260 and is currently estimated at $682,057, approximately $382 per square foot. 47485 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Marrakesh Community Association
Bought by
Clark Stephen R
Current Estimated Value
$694,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$392,711
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$289,346

Purchase Details

Closed on
Nov 6, 2019
Sold by
Clark Stephen R and Clark Steven R
Bought by
Clark Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.5%
Mortgage Type
New Conventional

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

Purchase Details

Closed on
Jan 13, 2005
Sold by
Clark Stephen R and Tess Maureen C
Bought by
Clark Stephen R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Clark Stephen R $24,000 Orange Coast Title
Clark Stephen R -- First American Title
Marrakesh Community Association $8,680,000 None Available
Clark Stephen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Stephen R $410,000
Previous Owner Clark Stephen R $290,000
Previous Owner Clark Stephen R $230,000
Previous Owner Marrakesh Community Association $6,850,000
Previous Owner Marrakesh Community Association $6,850,000
Previous Owner Clark Stephen R $137,500
Previous Owner Clark Stephen R $135,000
Source: Public Records

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 $4,005 $257,641 $91,902 $165,739
2023 $4,005 $247,638 $88,334 $159,304
2022 $3,722 $242,783 $86,602 $156,181
2021 $3,619 $238,023 $84,904 $153,119
2020 $3,563 $235,583 $84,034 $151,549
2019 $3,499 $230,965 $82,387 $148,578
2018 $3,438 $226,437 $80,772 $145,665
2017 $3,380 $221,998 $79,189 $142,809
2016 $3,258 $217,646 $77,637 $140,009
2015 $3,267 $214,379 $76,472 $137,907
2014 $2,959 $210,181 $74,975 $135,206
Source: Public Records

Map

California Riverside County Palm Desert 92260

47485 Marrakesh Dr, Palm Desert, CA

This home is located at 47485 Marrakesh Dr, Palm Desert, CA 92260 and is currently estimated at $682,057, approximately $382 per square foot. 47485 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.

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