NOT LISTED FOR SALE

48050 Racquet Ln Unit 15 Palm Desert, CA 92260

Estimated Value: $397,000 - $545,000

3 Beds
2 Baths
1,637 Sq Ft
$500/mo HOA Fee

Last Sold November 08, 2012

Last sale price $225,000 $137 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $3,822/month

62 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of November 2012

Best Priced Home in Palm Desert Tennis club ! Prime Location includes breathtaking views from the front and back and an inviting large courtyard in the front of the home. This three bedroom,two bath one level home opens to a great room with fireplace. The back porch includes incredible views of the mountains. The home features a large oversized master suite with sitting area. Palm Desert Tennis Club has a rich tennis history with active tennis/social club high off the valley floor in south palm desert but near shopping and restaurants. Six swimming pools and five spas complete the lavish and intimate 20 acre club along with eight lighted championship tennis courts. An onsite tennis pro is available for tennis clinics and lessons. The pro shop staff will arrange tennis events during the season. Additional features are the beautiful clubhouse,fitness center including activities for all interests.

Last Agent to Sell the Property

Phyllis Cyphers

Bennion Deville Homes License #01810454 Listed on: 09/07/2012

Last Buyer's Agent

Phyllis Cyphers

Compass License #01810454

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1973

Lot Details

  • 1,742

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Turnkey
  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level
  • Property is near a clubhouse

Additional Features

  • Landscaped
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652061015
  • Special Tax Authority

Community Details

Overview

  • 100 Units
  • Palm Desert Tennis Club Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,170

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Builders Tract Code: Palm Desert Tennis C
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Washer /dryer/refrigerator
  • List Price per Sq Ft: 146.00
  • Lp Sp Ratio: 0.9414
  • Unit Total In Complex: 100
  • View Type: Mountain(s)
  • Year Built: 1973
  • Listing I D: 21460577
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Selling Office Fax: (760) 773-3959
  • Land Type: Fee
  • Subdivision: Palm Desert Tennis Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Bedroom Features: Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Island
  • Laundry: In Closet
  • Estimated Sq Ft: 1637.00

Exterior Features

  • Other Features: Slab
  • Roofing: Foam
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Fireplace(s)
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Association Amenities: Barbecue, Billiard Room, Clubhouse, Fitness Center, Maintenance Grounds, Recreation Room, Sport Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00
  • Unit Location: Ground Floor

Association/Amenities

  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 652061015
  • Lot Acres: 0.0400
  • Lot Description: Landscaped
  • Lot Dimensions: buyer to verify square footage house/lot
  • Lot Location: Close to Clubhouse
  • Lot Size: 1742.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2021
Sold by
Mcdougal John K and Mcdougal Lynette A
Bought by
Lund Adam Christopher and Lund Laura Ann
Total Days on Market
62
Current Estimated Value
$500,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$321,235
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$195,486

Purchase Details

Listed on
Sep 7, 2012
Closed on
Oct 17, 2012
Sold by
Clegg Gayle M and Clegg Calvin C
Bought by
Mcdougal John K and Mcdougal Lynette A
Seller's Agent
Phyllis Cyphers
Bennion Deville Homes
Buyer's Agent
Phyllis Cyphers
Compass
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$168,750
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2005
Sold by
Muhlestein Lillie T
Bought by
Clegg Gayle M and Clegg Calvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 1999
Sold by
Pamplin R B and Pamplin Marilyn H
Bought by
Muhlestein Lillie T
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
Lund Adam Christopher $440,000 Lawyers Title Company
Mcdougal John K $225,000 Orange Coast Title Co
Clegg Gayle M $149,000 First American Title Co
Muhlestein Lillie T $23,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund Adam Christopher $352,000
Previous Owner Mcdougal John K $168,750
Previous Owner Clegg Gayle M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2012 11/08/12 Sold $225,000 -5.9% $137 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $239,000 -- $146 / 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 $6,170 $457,776 $114,444 $343,332
2022 $5,892 $448,800 $112,200 $336,600
2021 $3,507 $255,961 $77,354 $178,607
2020 $3,447 $253,337 $76,561 $176,776
2019 $3,387 $248,370 $75,060 $173,310
2018 $3,328 $243,501 $73,590 $169,911
2017 $3,266 $238,728 $72,148 $166,580
2016 $3,192 $234,048 $70,734 $163,314
2015 $3,203 $230,534 $69,672 $160,862
2014 $3,154 $226,020 $68,308 $157,712
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Phyllis Cyphers

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21460577

California Desert Association of REALTORS®

APN: 652-061-015

California Riverside County Palm Desert 92260

48050 Racquet Ln Unit 15, Palm Desert, CA

This home is located at 48050 Racquet Ln Unit 15, Palm Desert, CA 92260 since 07 September 2012 and is currently estimated at $500,274, approximately $305 per square foot. This property was built in 1973. 48050 Racquet Ln Unit 15 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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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