NOT LISTED FOR SALE

48415 Old Stone Trail Palm Desert, CA 92260

Estimated Value: $1,793,562 - $2,589,000

3 Beds
4 Baths
3,012 Sq Ft
$732/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $1,240,000 $412 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $13,160/month

74 Days on Market

About This Home

As of February 2017

Offered Fully Furnished - Located in the exclusive private golf community of Stone Eagle, this exquisite, rare, custom estate comprises of 3 bedrooms, 4 baths and 3012 square feet. Inspired by Italian, Spanish and California architectural styles, this desert home perches on a spectacular waterfront lake location unlike anything else you'll find in the Coachella Valley. This home comes complete with custom finishes, new luxury designer furnishings, limestone flooring, built-in surround sound, soaring high ceilings with decorative wood beams, top of line appliances, spacious open living areas, and outdoor space perfect for entertaining or relaxing by the pool & spa. The master bedroom features a his and hers side, a built in soaking tub, walk-in shower, private water closet, vanity and a large walk-in closet. Beyond the entry gated walkway, leads a private guest Casita with a full master bath suite and fireplace. A tremendous value only minutes to the shops and restaurants of El Paseo.

Last Agent to Sell the Property

Scott Lamoreaux

Coldwell Banker Listed on: 11/09/2016

Coldwell Banker

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,178

Year Built

2007

Lot Details

0

Parking

2

Listing Details

  • Cross Street: STONE EAGLE DRIVE + BAJADA TRAIL
  • Entry Location: Ground Level - no steps, Main Level
  • Active Date: 2016-11-09
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Builder Name: MINISTRELLI HOMES
  • Building Size: 3012.0
  • Building Structure Style: Spanish
  • Driving Directions: Hwy 74 South from El Paseo to Stone Eagle Drive on the Right Hand Side right after Homestead
  • Full Street Address: 48415 OLD STONE TRL
  • Lot Location: Lake on Lot, Lake Front
  • Pool Construction: In Ground
  • Pool Descriptions: Heated And Filtered, Permits, Private Pool
  • Primary Object Modification Timestamp: 2017-02-06
  • Spa Construction: In Ground
  • Spa Descriptions: Heated
  • View Type: Desert View, Lake View, Lake Front View, Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Bathroom Features: 2 Master Baths, Double Vanity(s), Shower and Tub, Tub With Jets, Under Vanity Lighting
  • Bedroom Features: 2 Master Bedrooms, Ground Floor Master Bedroom, WalkInCloset
  • Appliances: Built-In BBQ, Built-Ins, Range Hood, Microwave, Range, Convection Oven, Oven, Self Cleaning Oven, Warmer Oven Drawer
  • Advertising Remarks: Located in the exclusive private golf community of Stone Eagle, this exquisite, rare, custom estate comprises of 3 bedrooms, 4 baths and just over 3,000 interior square feet. Inspired by Italian, Spanish and California architectural styles, this desert ho
  • Total Bedrooms: 3
  • Builders Tract Code: 4225
  • Builders Tract Name: STONE EAGLE
  • Fireplace: Yes
  • Levels: Ground Level
  • Spa: Yes
  • Interior Amenities: Furnished
  • Fireplace Rooms: Family Room, Guest House, Master Bedroom
  • Appliances: Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Ice Maker, Refrigerator
  • Fireplace Fuel: Gas
  • Floor Material: Carpet, Stone
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 12632
  • Common Walls: Detached/No Common Walls
  • Entry Floor: 1
  • Construction: Stone and Wood
  • Foundation: Foundation - Concrete Slab
  • Other Structures: GuestHouse, Guest House Attached
  • Patio: Covered Porch
  • Community Features: Golf Course within Development
  • Fence: Partially Fenced, Stucco Wall
  • Windows: Window Blinds
  • Roofing: Spanish Clay Tile
  • Water: Meter on Property

Garage/Parking

  • Other Spaces: 3
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Driveway - Brick
  • Parking Spaces Total: 4
  • Parking Type: Garage - Two Door, Golf Cart

Utilities

  • Sewer: In Street
  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Forced Air
  • Security: 24 Hour, Gated Community with Guard

Condo/Co-op/Association

  • Amenities: Gated Community Guard
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid, On Site Security, Sewer Paid
  • Association Rules: PetsPermitted
  • HOA Fees: 460.0

Lot Info

  • Lot Description: Gated Community

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 27, 2017
Sold by
Johnson Gregory
Bought by
Farish Charles and Farish Barbara
Seller's Agent
Scott Lamoreaux
Coldwell Banker
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$1,299,000
Sold Price
$1,240,000
Premium/Discount to List
-$59,000
-4.54%
Current Estimated Value
$2,203,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,391
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Dec 8, 2014
Sold by
Segal Michael
Bought by
Johnson Gregory

Purchase Details

Closed on
Apr 20, 2009
Sold by
The Talon Llc
Bought by
Segal Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2006
Sold by
Stone Eagle Development Llc
Bought by
The Talon Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Farish Charles $1,200,000 Lawyers Title
Johnson Gregory $1,150,000 Fidelity National Title Co
Segal Fred $1,200,000 Fidelity National Title Co
The Talon Llc $3,979,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Segal Fred $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $1,240,000 -4.5% $412 / Sq Ft
11/09/2016 11/09/16 For Sale $1,299,000 -- $431 / Sq Ft
Source: The MLS

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 $17,178 $1,392,696 $541,990 $850,706
2023 $17,178 $1,338,618 $520,945 $817,673
2022 $16,473 $1,312,372 $510,731 $801,641
2021 $16,135 $1,286,640 $500,717 $785,923
2020 $15,831 $1,273,448 $495,583 $777,865
2019 $15,531 $1,248,479 $485,866 $762,613
2018 $15,237 $1,224,000 $476,340 $747,660
2017 $14,818 $1,190,887 $465,999 $724,888
2016 $14,458 $1,167,537 $456,862 $710,675
2015 $14,515 $1,150,000 $450,000 $700,000
2014 $12,960 $1,021,000 $404,000 $617,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-179552PS

The MLS

APN: 652-350-012