NOT LISTED FOR SALE

48050 Racquet Ln Palm Desert, CA 92260

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

3 Beds
2 Baths
1,637 Sq Ft
$670/mo HOA Fee

Last Sold May 03, 2021

Last sale price $440,000 $269 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,992/month

22 Days on Market

Highlights

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

About This Home

As of May 2021

: Beautiful Contemporary Remodel! South Palm Desert ! Photo's Soon !Mountain Views! Three Bedroom ! Located High up in the hills of South Palm Desert this intimate 100 unit community offers the best of active lifestyles. Featuring three bedroom ,two bath, spacious single level home in a park like setting surrounded by breathtaking mountain views. . The all popular great room opens to a spacious living area with high ceiling's that include clerestory windows & enclosed sitting area. The over-sized master bedroom suite is spacious with walk in closet. Additional features are the beautiful clubhouse with fireplace ,billiard room, library(computer and internet access),and fitness center. Six swimming pools and five spas complete the lavish and intimate 20 acres club. HOA include social activities ,tennis ,pickle ball along with eight lighted championship tennis courts.

Last Agent to Sell the Property

Phyllis Cyphers and Associates

Desert Sotheby's International Realty License #01810454 Listed on: 03/14/2021

Desert Sotheby's International Realty

Last Buyer's Agent

Dave Alexander

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,170

Year Built

  • Built in 1973

Lot Details

  • Brick Fence
  • Stucco Fence
  • Landscaped
  • Sprinkler System

HOA Fees

  • $670 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Stucco Exterior

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Custom Window Coverings
  • Great Room with Fireplace
  • Tile Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Additional Features

  • In Ground Spa
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 652061015

Community Details

Overview

  • Association fees include building & grounds, trash, earthquake insurance, clubhouse
  • 100 Units
  • Palm Desert Tennis Club Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Call for details about the types of pets allowed

Additional Features

  • Community Mailbox
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,170

Year Built

Built in 1973

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, Ground
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 268.78
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 100
  • View Type: Mountain(s)
  • Year Built: 1973
  • Listing I D: 219058854
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Palm Desert Tennis Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Starter
  • Flooring: Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Remodeled
  • Estimated Sq Ft: 1637.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Fencing: Brick, Stucco Wall
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Security: Gated Community
  • Sewer: Unknown

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Earthquake Insurance, Clubhouse
  • Association Amenities: Fitness Center, Tennis Courts, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 670.00
  • Total Monthly Association Fees: 670.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652061015
  • Irrigation: Sprinkler System
  • Lot Description: Landscaped, Utilities Underground
  • Lot Size: 2178.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Mar 29, 2021
Sold by
Mcdougal John K and Mcdougal Lynette A
Bought by
Lund Adam Christopher and Lund Laura Ann
Seller's Agent
Phyllis Cyphers and Associates
Desert Sotheby's International Realty
Buyer's Agent
Dave Alexander
List Price
$440,000
Sold Price
$440,000
Total Days on Market
22
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.
Estimated Appreciation
$60,274
Avg. Annual Appreciation
3.11%
Original Mortgage
$352,000
Outstanding Balance
$323,942
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$174,675

Purchase Details

Closed on
Oct 17, 2012
Sold by
Clegg Gayle M and Clegg Calvin C
Bought by
Mcdougal John K and Mcdougal Lynette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
05/03/2021 05/03/21 Sold $440,000 0.0% $269 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $440,000 -- $269 / 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

  • D

    Buyer's Agent in 2021

    Dave Alexander

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219058854

California Desert Association of REALTORS®

APN: 652-061-015

California Riverside County Palm Desert 92260

48050 Racquet Ln, Palm Desert, CA

This home is located at 48050 Racquet Ln, Palm Desert, CA 92260 since 14 March 2021 and is currently estimated at $500,274, approximately $305 per square foot. This property was built in 1973. 48050 Racquet Ln 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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