NOT LISTED FOR SALE

48124 Monterra Cir E Palm Desert, CA 92260

Estimated Value: $1,174,000 - $1,528,000

4 Beds
3.5 Baths
3,100 Sq Ft
$443/Sq Ft Est. Value

Last Sold April 11, 2018

Last sale price $770,000 $248 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,881/month

63 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Primary Bedroom Suite
  • Palm Desert High School Rated A
  • Gourmet Kitchen
  • All Bedrooms Downstairs

About This Home

As of April 2018

Very well-maintained SOLAR home, surrounded by brick pavers, in beautiful gated Monterra, one of Palm Desert's premiere communities. Spacious floor plan with high ceilings, walls of glass, architectural lines, art niches, & great views from practically every window! Low-maintenance & low monthly expenses with efficient OWNED solar system (not leased), dual-pane windows, artificial turf, and desertscape for low water usage/gardening bills. Recently renovated kitchen features quality custom cabinetry, high-end appliances like built-in SubZero fridge, Miele oven, Thermador gas cooktop, plus a huge added walk-in pantry! Generous master retreat w/ gas fireplace, Jacuzzi tub & large added office area. Sizeable detached 1BR/1BA CASITA provides a comfortable space for visitors. Salt-water pool/patio area w/ raised spa, waterfall & east mountain views...perfect for morning coffee or dining alfresco. Big 3-car garage. Adjacent to Ironwood CC, a top golfing venue, 24-hour guard-gated w/ LOW HOAs!

Last Agent to Sell the Property

Mark Beckloff

Bennion Deville Homes License #01805986 Listed on: 12/26/2017

Last Buyer's Agent

Richard Chamberlin

Coldwell Banker Realty License #01232493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,123

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $240 Monthly HOA Fees

Property Views

  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Log Fireplace
  • Custom Window Coverings
  • Vertical Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Room
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only

Parking

  • 3 Car Direct Access Garage
  • Side by Side Parking
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Construction
  • Solar owned by seller

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Wrap Around Porch
  • Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 655020004

Community Details

Overview

  • Monterra Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,123

Year Built

Built in 1989

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Builders Tract Code: Monterra
  • Building Number Of Stories: 2
  • Building Style: Contemporary
  • Entry Location: Foyer
  • List Price per Sq Ft: 257.74
  • Lp Sp Ratio: 0.9637
  • Unit Total In Complex: 96
  • View Type: Hills, Mountain(s), Pool
  • Water District Name: cvwd
  • Year Built: 1989
  • Listing I D: 217034576
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Post Direction: E
  • Selling Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4578
  • Land Type: Fee
  • Subdivision: Monterra
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave Oven, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Family Room, Master Bedroom
  • Interior Amenities: Built-In Features, Cathedral Ceiling(s), High Ceilings (9 Ft+), Recessed Lighting, Storage, Wet Bar
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Dressing Area, Main Floor Master Bedroom, Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Remodeled, Shower & Tub, Shower Over Tub, Tile Shower, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Nook, Breakfast Room, Dining Area, Living/Dining Combo
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Pantry, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 3100.00
  • Windows Treatments: Custom Window Covering, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Energy Efficient, Solar System Owned
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Brick - Tile, Covered, Wrap Around
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Salt Water
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Side By Side
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Dual, Zoned
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 240.00
  • Total Monthly Association Fees: 240.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655020004
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2800
  • Lot Description: Back Yard, Corners Marked, Curbs, Front Yard, Landscaped, Rectangular Lot, Street Paved, Utilities Underground
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Apr 24, 2018
Sold by
Herschbein Benjamin R and Herschbein Jennifer L
Bought by
Herschbein Benjamin R and Herschbein Jennifer L
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Richard Chamberlin
Coldwell Banker Realty
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%
Total Days on Market
63
Current Estimated Value
$1,374,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,104
Avg. Annual Appreciation
8.28%

Purchase Details

Listed on
Dec 26, 2017
Closed on
Mar 5, 2018
Sold by
Marsh Wallace A and Marsh Elsie A
Bought by
Herschbein Benjamin R and Herschbein Jennifer L
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Richard Chamberlin
Coldwell Banker Realty
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%

Purchase Details

Closed on
Feb 8, 2007
Sold by
Marsh Wallace A and Marsh Elsie A
Bought by
Marsh Wallace A and Marsh Elsie A

Purchase Details

Closed on
Jul 23, 2002
Sold by
Marsh Wallace A and Marsh Elsie A
Bought by
Marsh Wallace A and Marsh Elsie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
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
Herschbein Benjamin R -- Equity Title Company
Herschbein Benjamin R $770,000 Equity Title Company
Marsh Wallace A -- None Available
Marsh Wallace A -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsh Wallace A $580,000
Previous Owner Marsh Wallace A $348,000
Previous Owner Marsh Wallace A $230,865
Previous Owner Marsh Wallace A $236,592
Previous Owner Marsh Wallace A $225,000
Previous Owner Marsh Wallace A $455,000
Previous Owner Marsh Wallace A $373,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2018 04/11/18 Sold $770,000 -3.6% $248 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $799,000 -3.2% $258 / Sq Ft
12/26/2017 12/26/17 For Sale $825,000 -- $266 / 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 $11,123 $818,456 $245,535 $572,921
2022 $10,556 $802,409 $240,721 $561,688
2021 $10,187 $786,676 $236,001 $550,675
2020 $10,002 $778,611 $233,582 $545,029
2019 $10,079 $785,400 $235,620 $549,780
2018 $9,557 $735,655 $213,301 $522,354
2017 $9,276 $721,231 $209,119 $512,112
2016 $9,045 $707,090 $205,019 $502,071
2015 $9,062 $696,472 $201,941 $494,531
2014 $8,704 $682,831 $197,986 $484,845
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217034576

California Desert Association of REALTORS®

APN: 655-020-004