$1,025,000
SOLD OCT 12, 2023

48207 Monterra Cir W Palm Desert, CA 92260

4 Beds
3.5 Baths
2,796 Sq Ft
0.28 Acres

Recently Sold

$367 Per Sq Ft

0 Day on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Gated Community
  • Mountain View

About This Home

As of October 2023

SOLD OFF MARKETENTERED IN MLS FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Jen Iglehart

Coldwell Banker Realty License #02001739 Listed on: 10/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Sarkis Ter-Minasyan

Craft & Bauer Real Estate Co. License #02062179

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,537

Year Built

  • Built in 1988

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Home has East and West Exposure
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Back Yard

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,796 Sq Ft Home
  • 2-Story Property
  • Bar
  • High Ceiling
  • Gas Log Fireplace
  • Awning
  • Tinted Windows
  • Blinds
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Area
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Pool

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • Covered Patio or Porch
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 655020032

Community Details

Overview

  • Association fees include security
  • Monterra Subdivision
  • Planned Unit Development

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,537

Year Built

Built in 1988

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, Leisure Faces West
  • Levels: One
  • Building Number Of Stories: 2
  • Building Style: Contemporary, Mediterranean
  • Casita Features Other: recently remodeled bathroom
  • Entry Location: Living Room
  • List Price per Sq Ft: 366.60
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1988
  • Co Selling Office Address: 531 Esplanade #307, Redondo Beach, CA 90277
  • Listing I D: 219101238
  • 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
  • Post Direction: W
  • Selling Office Address: 531 Esplanade #307, Redondo Beach, CA 90277
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Monterra
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Master Bedroom
  • Interior Amenities: Bar, High Ceilings (9 Ft+)
  • Fireplace Features: Gas Starter, Gas Log
  • Flooring: Carpet, Tile, Ceramic Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Breakfast Room
  • Kitchen Features: Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 2796.00
  • Windows Treatments: Awnings, Blinds, Tinted Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Fencing: Block, Stucco Wall
  • Patio: Awning(s), Covered
  • Pool: Yes
  • Pool Accessories: Pool Sweep
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Salt Water, In Ground, Gunite
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, Hot Tub, In Ground
  • Spa Hot Tub Description: Heated, Private, Hot Tub, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Covered
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Fireplace(s), Zoned, Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 315.00
  • Total Monthly Association Fees: 315.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655020032
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Yard, Street Paved, Single Lot, Level, Landscaped, Fenced
  • Lot Location: Cul-De-Sac
  • Lot Size: 12197.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Sep 15, 2023
Sold by
Silver Family Trust
Bought by
Kamouie Abbass and Dadashikamduie Mozhgan
Seller's Agent
Jen Iglehart
Coldwell Banker Realty
Buyer's Agent
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co.
List Price
$1,025,000
Sold Price
$1,025,000
Current Estimated Value
$1,262,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,834
Avg. Annual Appreciation
8.89%
Original Mortgage
$725,000
Outstanding Balance
$711,558
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$495,462

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 16, 2021
Sold by
Jacobson Jody
Bought by
Silver Harvey and Silver Susan
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Merle Friedman
HomeSmart Professionals
List Price
$849,000
Sold Price
$845,000
Premium/Discount to List
-$4,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 10, 2016
Sold by
Couri Phillip E and Nykiel Kenneth
Bought by
Jacobs Edward Allen and Jacobs Jody
Seller's Agent
Judy Zeigler
Bennion Deville Homes
Buyer's Agent
Sandy Smith
Cross Realty
List Price
$725,000
Sold Price
$650,000
Premium/Discount to List
-$75,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$369,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2002
Sold by
Wilson Lillian E
Bought by
Helms Creighton R and Creighton R Helms Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1996
Sold by
Wilson Lillian E
Bought by
Wilson Lillian E and The Lillian E Wilson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,025,000 Fidelity National Title
Grant Deed $845,000 Lawyers Title Company
Grant Deed $650,000 Ticor Title Company
Grant Deed $500,000 Orange Coast Title
Grant Deed -- Fidelity National Title Ins
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Previous Owner $510,402 New Conventional
Previous Owner $369,000 Credit Line Revolving
Previous Owner $369,000 New Conventional
Previous Owner $167,400 Credit Line Revolving
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $372,000 Unknown
Previous Owner $44,300 Unknown
Previous Owner $388,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $1,025,000 0.0% $367 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $1,025,000 +21.3% $367 / Sq Ft
05/18/2021 05/18/21 Sold $845,000 -0.5% $302 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $849,000 +30.6% $304 / Sq Ft
09/14/2016 09/14/16 Sold $650,000 -2.8% $232 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
05/18/2016 05/18/16 Price Changed $669,000 -2.3% $239 / Sq Ft
04/06/2016 04/06/16 Price Changed $685,000 -5.5% $245 / Sq Ft
06/18/2015 06/18/15 For Sale $725,000 -- $259 / 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 $13,537 $1,045,499 $313,652 $731,847
2023 $13,537 $879,138 $124,848 $754,290
2022 $11,285 $861,900 $122,400 $739,500
2021 $9,088 $696,929 $209,078 $487,851
2020 $8,924 $689,784 $206,935 $482,849
2019 $8,755 $676,260 $202,878 $473,382
2018 $8,590 $663,000 $198,900 $464,100
2017 $8,412 $650,000 $195,000 $455,000
2016 $8,127 $623,951 $155,983 $467,968
2015 $8,141 $614,581 $153,641 $460,940
2014 $7,800 $602,545 $150,633 $451,912
Source: Public Records

Agents Affiliated with this Home

  • Jen Iglehart

    Seller's Agent in 2023

    Jen Iglehart

    Coldwell Banker Realty

    (760) 413-5065

    38 Total Sales

    Jen Iglehart
    Section Image

  • S

    Buyer's Agent in 2023

    Sarkis Ter-Minasyan

    Craft & Bauer Real Estate Co.

    Section Image
  • Shana Gates

    Buyer Co-Listing Agent in 2023

    Shana Gates

    Real Brokerage Technologies

    (310) 746-6232

    93 Total Sales

    Shana Gates
    Section Image

  • M

    Seller's Agent in 2021

    Mark Beckloff

    Bennion Deville Homes

    Section Image

  • M

    Buyer's Agent in 2021

    Merle Friedman

    HomeSmart Professionals

    Section Image
  • Judy Zeigler

    Seller's Agent in 2016

    Judy Zeigler

    Bennion Deville Homes

    (760) 861-6060

    27 Total Sales

    Judy Zeigler
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219101238

California Desert Association of REALTORS®

APN: 655-020-032

California Riverside County Palm Desert 92260

48207 Monterra Cir W, Palm Desert, CA

This home is located at 48207 Monterra Cir W, Palm Desert, CA 92260 and is currently priced at $1,025,000, approximately $366 per square foot. This property was built in 1988. 48207 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.

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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