$243,000
SOLD MAR 11, 2020

48475 Alamo Dr Palm Desert, CA 92260

3 Beds
2 Baths
1,568 Sq Ft
$670/mo HOA Fee

Recently Sold

$155 Per Sq Ft

10% Below List Price

201 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of February 2023

Wow! Incredible 20K price reduction & ready to sell!! Desirable end unit features three bedrooms with two totally remodeled/updated bathrooms! Offered furnished with tons of charm & character with Saltillo tile throughout! Beautiful wood accent ceilings in the dining room with a custom clerestory window, kitchen & wet bar. Cozy fireplace in the living room, with front & back patios off of the living room & bedrooms to enjoy the mountain views! The master features an office/sitting area. This is the perfect seasonal, full time home, or weekend retreat! This intimate 100 unit complex offers a fitness room, six community pools, five spas, and eight lighted tennis courts! Conveniently located above El Paseo for great shopping and dining!

Last Agent to Sell the Property

Corinne Zajac

Bennion Deville Homes License #01881312 Listed on: 08/10/2019

Co-Listed By

Angela Fox Martin

Bennion Deville Homes License #00964448

Last Buyer's Agent

Amirah Halum

Compass License #01945548

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,010

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • Stucco Fence
  • Sprinkler System

HOA Fees

  • $670 Monthly HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt
  • Pool

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 652062008

Community Details

Overview

  • Association fees include clubhouse, trash
  • 100 Units
  • Palm Desert Tennis Club Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Amenities

  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,010

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, One
  • Builders Tract Code: Palm Desert Tennis C
  • Building Number Of Stories: 1
  • Included In Sale: Furnished less seller exclusions, staging accessories, art and personal items.
  • List Price per Sq Ft: 158.80
  • Lp Sp Ratio: 0.9800
  • Unit Total In Complex: 100
  • View Type: Mountain(s), Pool, Park/Green Belt
  • Water District Name: CVWD
  • Year Built: 1973
  • Co Listing Office Address: 1 Johnar Blvd, The Club at Morningside Onsite, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 321-5214
  • Listing I D: 219020713
  • Listing Office Address: 1 Johnar Blvd, The Club at Morningside Onsite, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 321-5214
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Palm Desert Tennis Club
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Gas Range, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Wet Bar
  • Fireplace Features: Gas
  • Flooring: Tile, Spanish Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Estimated Sq Ft: 1568.00

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Tennis Court
  • Fencing: Stucco Wall
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • 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
  • Parking: Assigned, Direct Entrance, Guest
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: Automatic Gate
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash
  • Association Amenities: Controlled Access, Tennis Courts, Management, Maintenance Grounds, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 670.00
  • Total Monthly Association Fees: 670.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652062008
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0500
  • Lot Description: Automatic Gate
  • Lot Size: 2178.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 1, 2023
Sold by
Samuel And Lymari Russell Living Trust
Bought by
Club Rats Llc
Seller's Agent
Amirah Halum
Compass
Buyer's Agent
Amirah Halum
Compass
List Price
$545,000
Sold Price
$525,000
Premium/Discount to List
-$20,000
-3.67%
Views
29
Current Estimated Value
$530,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,155
Avg. Annual Appreciation
0.40%

Purchase Details

Closed on
Jan 27, 2022
Sold by
Hugh Russell Jr Samuel and Hugh Lymari
Bought by
Samuel And Lymari Russell Living Trust and Livi Lymari

Purchase Details

Listed on
Aug 10, 2019
Closed on
Feb 12, 2020
Sold by
Ratcliffe Drew Mathisen and Ratcliffe Claire Louise
Bought by
Russell Samuel Hugh and Russell Lymari
Seller's Agent
Corinne Zajac
Bennion Deville Homes
Buyer's Agent
Amirah Halum
Compass
List Price
$269,000
Sold Price
$243,000
Premium/Discount to List
-$26,000
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$194,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2013
Sold by
Blatner Ernest J and Blatner Carol J
Bought by
Ratclife Drew Mathisen and Ratcliffe Claire Louise

Purchase Details

Closed on
Jan 28, 2003
Sold by
Wood Nathaniel D and Wood Linda J
Bought by
Wood Nathaniel D and Wood Linda

Purchase Details

Closed on
Apr 16, 2000
Sold by
Grader George T and Grader Robertson T
Bought by
Blatner Ernest J and Blatner Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,875
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1998
Sold by
Pamplin R B and Pamplin Marilyn H
Bought by
Grader George and Robertson Kathleen 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 Type Sale Price Title Company
Grant Deed $525,000 Ticor Title
Quit Claim Deed -- New Title Company Name
Grant Deed $243,000 Orange Coast Title Co
Grant Deed $225,000 Orange Coast Title Co
Interfamily Deed Transfer -- --
Grant Deed $186,500 Old Republic Title Company
Grant Deed $23,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $194,400 New Conventional
Previous Owner $139,875 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $525,000 -3.7% $335 / Sq Ft
01/05/2023 01/05/23 For Sale $545,000 +124.3% $348 / Sq Ft
03/11/2020 03/11/20 Sold $243,000 -2.4% $155 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
12/03/2019 12/03/19 Price Changed $249,000 -7.4% $159 / Sq Ft
08/10/2019 08/10/19 For Sale $269,000 -- $172 / 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 $7,010 $1,066,410 $26,010 $1,040,400
2023 $7,010 $255,435 $26,279 $229,156
2022 $3,377 $250,427 $25,764 $224,663
2021 $3,294 $245,517 $25,259 $220,258
2020 $3,433 $252,193 $63,045 $189,148
2019 $3,380 $247,249 $61,809 $185,440
2018 $3,315 $242,402 $60,599 $181,803
2017 $3,252 $237,650 $59,411 $178,239
2016 $3,180 $232,992 $58,247 $174,745
2015 $3,200 $229,494 $57,373 $172,121
2014 $3,142 $225,000 $56,250 $168,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219020713

California Desert Association of REALTORS®

APN: 652-062-008