NOT LISTED FOR SALE

48237 Silver Spur Trail Palm Desert, CA 92260

Estimated Value: $1,679,000 - $2,326,000

6 Beds
5 Baths
3,754 Sq Ft
$539/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $1,298,900 $346 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,282/month

12 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • 3 Car Attached Garage
  • Palm Desert High School Rated A
  • Mountain View
  • Ceramic Tile Flooring

About This Home

As of September 2019

-Silver Spur- Contemporary and Eclectic 1/2 Acre Estate living in sought after South Palm Desert. Minutes from Living Desert Reserve, multiple Golf & Tennis Clubs, multiple hiking trails and downtown close. This private estate-like property offers true indoor-outdoor desert lifestyle living. Many areas of this home has been upgraded for today's living and this home shows beautifully. Living areas are light and bright with walls of glass easily accessible to patios and pool. There are four bedrooms in the main house and two more bedrooms in a detached guesthouse. This home is private and sited around a lowered over-sized pool for the ultimate resort-style living. Multiple sitting areas inside and out, to share with family and friends. This property would also make an amazing seasonal rental. Furnishings are available per seller inventory outside of escrow. Large driveway plus a three-car garage. This is a must see Palm Desert buy!

Last Agent to Sell the Property

David Kibbey

Desert Sotheby's International Realty License #01341384 Listed on: 08/06/2019

Desert Sotheby's International Realty

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,067

Year Built

  • Built in 1974

Lot Details

  • 0.56

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,754 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Ceramic Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Additional Features

  • 0.56 Acre Lot
  • Guest House
  • Zoned Heating and Cooling

Community Details

  • Silver Spur Ranch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 655051014

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,067

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Silver Spur Ranch
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 346.00
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1974
  • Listing I D: 219021645
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 561-9333
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Silver Spur Ranch
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas Log
  • Flooring: Ceramic Tile
  • Total Bedrooms: 6
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 3754.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Central Air, Zoned
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 655051014
  • Lot Acres: 0.5600
  • Lot Size: 24394.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Aug 30, 2019
Sold by
Bender Llc
Bought by
Orem Andrew J and Orem Karen J
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Unknown Member
List Price
$1,298,900
Sold Price
$1,298,900
Current Estimated Value
$2,022,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,589
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 8, 2017
Sold by
Anthoine Gerard J and Anthoine Michelle
Bought by
Bender Llc and Rdf Llc
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Stephen Sullivan
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$700,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2014
Sold by
Bannan Thomas A
Bought by
Anthoine Gerard J and Anthoine Michele M

Purchase Details

Closed on
Sep 11, 2002
Sold by
Bannan Thomas A and Bannan Jane E
Bought by
Mckay Robert L and The Robert L Mckay Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Orem Andrew J $1,299,000 Lawyers Title
Bender Llc $1,000,000 Lawyers Title
Anthoine Gerard J $585,000 Equity Title
Mckay Robert L -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bender Llc $700,000
Previous Owner Bannan Thomas A $900,000
Previous Owner Bannan Thomas A $238,000
Previous Owner Bannan Thomas A $185,000
Previous Owner Bannan Thomas A $180,000
Previous Owner Bannan Thomas A $10,000
Previous Owner Bannan Thomas A $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $1,298,900 0.0% $346 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $1,298,900 +29.9% $346 / Sq Ft
06/14/2017 06/14/17 Sold $1,000,000 -9.1% $266 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $1,100,000 -- $293 / 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 $18,067 $1,431,468 $32,807 $1,398,661
2023 $18,067 $1,375,884 $31,534 $1,344,350
2022 $17,259 $1,348,907 $30,916 $1,317,991
2021 $16,930 $1,322,459 $30,310 $1,292,149
2020 $16,497 $1,298,900 $30,000 $1,268,900
2019 $13,347 $1,040,400 $312,120 $728,280
2018 $13,090 $1,020,000 $306,000 $714,000
2017 $7,590 $605,797 $181,739 $424,058
2016 $7,398 $593,920 $178,176 $415,744
2015 $7,703 $585,000 $175,500 $409,500
2014 $7,725 $627,314 $130,217 $497,097
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219021645

California Desert Association of REALTORS®

APN: 655-051-014