NOT LISTED FOR SALE

48040 Center Ct Unit 36 Palm Desert, CA 92260

Estimated Value: $447,000 - $599,000

3 Beds
2 Baths
1,637 Sq Ft
$820/mo HOA Fee

Last Sold June 07, 2022

Last sale price $365,000 $223 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,064/month

53 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Secondary bathroom tub or shower combo
  • Palm Desert High School Rated A
  • Mountain View
  • Granite Countertops

About This Home

As of June 2022

Experience the desert lifestyle in this wonderful home in one of the best tennis clubs in the Coachella Valley! Originally owned by tennis legend Rod Laver, this home features three bedrooms, two bathrooms, and a spacious living room with a brick fireplace. Travertine floors throughout the main living areas are low-maintenance, and the home includes a well-equipped kitchen with a stainless steel gas range, granite countertops, and a breakfast bar. A spacious, bright primary suite features a walk-in closet and an ensuite bath, and the two guest bedrooms provide space for visitors or a home office. Enjoy the magnificent mountain views from the front and back patios with the pool just a few steps away. Palm Desert Tennis Club offers many amenities, including 8 lighted tennis courts, 6 pools, 5 spas, a clubhouse with fitness center, and a cafe. Centrally located, you'll be just minutes from the best restaurants and shopping and close to many of the desert's best hiking trails. This home makes a perfect year-round residence, winter getaway, or seasonal rental. This unit includes a 1-car garage space and street parking for guests.

Last Agent to Sell the Property

Dan Hamilton

Coldwell Banker Realty License #01923960 Listed on: 04/15/2022

Coldwell Banker Realty

Last Buyer's Agent

Michael Slate

Equity Union License #01930656

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,670

Year Built

  • Built in 1973

Lot Details

  • Home has East and West Exposure
  • Land Lease of $2,812 expires <<landLeaseExpirationDate>>

HOA Fees

  • $820 Monthly HOA Fees

Property Views

  • Mountain
  • Desert
  • Park or Greenbelt
  • Pool

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Galley Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry closet
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 652061036

Community Details

Overview

  • Association fees include building & grounds, maintenance paid
  • Palm Desert Tennis Club Subdivision
  • On-Site Maintenance
  • Greenbelt

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,670

Year Built

Built in 1973

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: Ground, Ground Level, No Unit Above, One
  • Building Number Of Stories: 1
  • Included In Sale: Kitchen appliances, washer and dryer.
  • List Price per Sq Ft: 231.52
  • Lp Sp Ratio: 0.9600
  • View Type: Desert, Mountain(s), Park/Green Belt, Pool
  • Year Built: 1973
  • Listing I D: 219077261
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 668 N Palm Canyon Drive, Suite 208, Palm Springs, CA 92262
  • Land Type: Lease
  • Subdivision: Palm Desert Tennis Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Galley Kitchen, Granite Slab Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 1637.00

Exterior Features

  • Construction: Stucco
  • Roofing: Flat
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Garage Door Opener, Guest, On Street
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Baseboard, Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Unit

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Maintenance Paid
  • Association Amenities: Controlled Access, Greenbelt/Park, Guest Parking, Maintenance Grounds, Paddle Tennis, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 820.00
  • Total Monthly Association Fees: 820.00

Lot Info

  • Assessor Parcel Number: 652061036
  • Lot Size: 2178.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 2812.32
  • Land Lease Expiration Year: 2074
  • Land Lease Type: Lease

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 9, 2022
Sold by
Jeanne Galanti
Bought by
Galanti Franco
Seller's Agent
Dan Hamilton
Coldwell Banker Realty
Buyer's Agent
Michael Slate
Equity Union
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Current Estimated Value
$524,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,718
Avg. Annual Appreciation
9.04%
Original Mortgage
$292,000
Outstanding Balance
$278,233
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$207,434

Purchase Details

Closed on
Jan 18, 2019
Sold by
Pamplin R B and Pamplin Marilyn H
Bought by
Alexander David J and Alexander Patricia L

Purchase Details

Closed on
Jul 7, 2004
Sold by
Mcreynolds Donley G and Mcreynolds Maureen B
Bought by
Mcreynolds Donley G and Mcreynolds Maureen B
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
Galanti Franco -- Equity Title
Alexander David J $35,000 First American Title Ins Co
Mcreynolds Donley G -- --
Mcreynolds Donley G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galanti Franco $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $365,000 -3.7% $223 / Sq Ft
04/15/2022 04/15/22 For Sale $379,000 +136.9% $232 / Sq Ft
06/14/2018 06/14/18 Sold $160,000 -19.6% $98 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $199,000 -- $122 / 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 $5,670 $424,482 $127,344 $297,138
2023 $5,670 $408,000 $122,400 $285,600
2022 $2,890 $199,428 $60,042 $139,386
2021 $2,812 $195,518 $58,865 $136,653
2020 $2,775 $193,514 $58,262 $135,252
2019 $2,705 $189,720 $57,120 $132,600
2018 $2,487 $164,893 $49,463 $115,430
2017 $2,452 $161,661 $48,494 $113,167
2016 $2,402 $158,493 $47,544 $110,949
2015 $2,409 $156,115 $46,831 $109,284
2014 $2,373 $153,059 $45,914 $107,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219077261

California Desert Association of REALTORS®

APN: 652-061-036