NOT LISTED FOR SALE

48011 Monterra Cir W Palm Desert, CA 92260

Estimated Value: $1,261,000 - $1,339,000

4 Beds
4 Baths
2,796 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $1,225,000 $438 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,441/month

17 Days on Market

Highlights

  • Guest House
  • Wine Cellar
  • Gated Community
  • Palm Desert High School Rated A
  • Heated Spa
  • Mountain View

About This Home

As of April 2024

Welcome to Monterra Palm Desert. This home has 3 bedrooms, 2.5 baths in the main house and a 1 bedroom 1 bath detached casita. There is a spacious kitchen and breakfast nook, a living room with a wet bar, family room with a fireplace. Main bedroom has high ceilings and a fireplace. Large laundry room, 3 car attached garage with epoxy flooring. One of the largest lots in the community with 16,552 sqft. Mature landscaping, oversize pool and spa, mountain views and solar. Guard gated community with low hoa fees of $315/mo

Last Agent to Sell the Property

Bryan Dearden

Desert Sands Realty License #01248386 Listed on: 03/20/2024

Last Buyer's Agent

Outside Agent

Southland Regional Reciprocal License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,894

Year Built

  • Built in 1989

Lot Details

  • 0.38 Acre Lot
  • East Facing Home
  • Landscaped
  • Private Lot
  • Irregular Lot
  • Sprinklers on Timer
  • Lawn
  • Back Yard

HOA Fees

  • $315 Monthly HOA Fees

Property Views

  • Mountain
  • Hills
  • Pool

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,796 Sq Ft Home
  • 2-Story Property
  • Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Shutters
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Jack-and-Jill Bathroom
  • Powder Room

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Eco-Friendly Details

  • Solar owned by a third party
  • Solar Water Heater

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool

Schools

  • Palm Desert High School

Additional Features

  • Covered patio or porch
  • Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 655020027

Community Details

Overview

  • Monterra Subdivision

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,894

Year Built

Built in 1989

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Building Number Of Stories: 2
  • Casita Features: Kitchenette
  • List Price per Sq Ft: 348.71
  • Lp Sp Ratio: 1.2600
  • View Type: Hills, Mountain(s), Pool
  • Year Built: 1989
  • Listing I D: 219108714
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Member Fax: (760) 250-4532
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Post Direction: W
  • Land Type: Fee
  • Subdivision: Monterra
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Family Room, Master Bedroom
  • Interior Amenities: Cathedral Ceiling(s)
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Linoleum, Travertine
  • Total Bedrooms: 4
  • Bathroom Features: Dual Entry-Jack & Jill, Powder Room
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Dining Area
  • Estimated Sq Ft: 2796.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Financed
  • Other Structures: Guest House/Casita
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: Gunite
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener, Golf Cart Garage
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Fireplace(s), Forced Air
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Solar

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 315.00
  • Total Monthly Association Fees: 315.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655020027
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Irregular Lot, Landscaped, Lawn, Private
  • Lot Size: 16553.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • High School: Palm Desert

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 4, 2024
Sold by
Thompson Family Trust and Nash Leonard
Bought by
Neil C Hokanson Separate Property Trust and Clarice Strebig Hester Revocable Living Trust
Seller's Agent
Bryan Dearden
Desert Sands Realty
Buyer's Agent
Outside Agent
Southland Regional Reciprocal
List Price
$975,000
Sold Price
$1,225,000
Premium/Discount to List
$250,000
25.64%
Total Days on Market
17
Views
41
Current Estimated Value
$1,300,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,582
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Aug 2, 2006
Sold by
Thompson Lorna Perks and Smith Lorna P
Bought by
Thompson Lorna Perks and The Thompson Family Trust

Purchase Details

Closed on
Mar 25, 1997
Sold by
Smith William H
Bought by
Smith Lorna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.75%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Ayres Richard O and Ayres Nancy M
Bought by
Smith William H and Smith Lorna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.75%
Source: Public Records

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Range of Values:

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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
Neil C Hokanson Separate Property Trust $1,225,000 Lawyers Title
Thompson Lorna Perks -- None Available
Smith Lorna P -- Fidelity National Title Ins
Smith William H $460,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Lorna $50,000
Previous Owner Thompson Lorna P $155,814
Previous Owner Smith William H $160,700
Previous Owner Smith William H $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $1,225,000 +25.6% $438 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $975,000 -- $349 / 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
2023 $9,894 $720,078 $219,147 $500,931
2022 $9,375 $705,959 $214,850 $491,109
2021 $9,029 $692,118 $210,638 $481,480
2020 $8,866 $685,023 $208,479 $476,544
2019 $8,745 $671,592 $204,392 $467,200
2018 $8,580 $658,425 $200,385 $458,040
2017 $8,401 $645,515 $196,456 $449,059
2016 $8,191 $632,858 $192,604 $440,254
2015 $8,202 $623,354 $189,712 $433,642
2014 $7,820 $611,146 $185,997 $425,149
Source: Public Records

Agents Affiliated with this Home

  • Bryan Dearden

    Seller's Agent in 2024

    Bryan Dearden

    Desert Sands Realty

    (760) 250-4532

    106 Total Sales

    Bryan Dearden
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Southland Regional Reciprocal

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219108714

California Desert Association of REALTORS®

APN: 655-020-027

California Riverside County Palm Desert 92260

48011 Monterra Cir W, Palm Desert, CA

This home is located at 48011 Monterra Cir W, Palm Desert, CA 92260 since 20 March 2024 and is currently estimated at $1,300,582, approximately $465 per square foot. This property was built in 1989. 48011 Monterra Cir W 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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