NOT LISTED FOR SALE

48500 Opal Dr Palm Desert, CA 92260

Estimated Value: $1,412,000 - $2,125,000

3 Beds
3 Baths
3,145 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

Last sale price $1,260,000 $401 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,506 / mo

3 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Mountain View
  • Palm Desert High School Rated A
  • Updated Kitchen
  • Double Shower

About This Home

As of April 2021

Come and see your new Dream Home! This 3 bedroom pool home has been completely luxury upgraded from top to bottom side to side! When arriving at the community of the SUMMIT high up in South Palm Desert with low HOA fee's- you will see this beautiful home located on an oversized nearly a 1/2 of an acre estate lot in the most private serene setting the area has to offer with enormous estate lawns in the back and front and a $200,000 Tessera back yard with pebble tec pool and spa and waterfalls with a fireplace on the patio for entertaining and family fun! Once entering thru the huge front doors you will find that this home has engineered wood floors throughout and a gorgeous luxury kitchen with quartz counters, high end cabinets and a Sub Zero built in refrigerator and commercial Thermador range and ovens. This kitchen is open to both huge living area's that both have fireplaces, and don't miss the walk in temperature controlled wine room! The master bedroom and bathroom are huge and both guest bathrooms have their own bathroom suites with beautiful new stone showers! New heat and air systems and new water heater, and upgraded electrical and plumbing mechanicals throughout the home, and the recessed lighting throughout this home is incredible. 3 car garage.

Last Agent to Sell the Property

Jason Evans

Coldwell Banker Realty License #01351696 Listed on: 03/17/2021

Last Buyer's Agent

Beth Cummins

Compass License #01990421

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 16,988 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $110 Monthly HOA Fees

Interior Spaces

  • 3,145 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace Features Blower Fan
  • Gas Fireplace
  • French Doors
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Double Shower
  • Shower Only

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Prewired Security
  • Security Lights

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Exercise
  • Saltwater Pool
  • Waterfall Pool Feature
  • Pool Tile
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Water Fountains

Schools

  • Washington Charter Elementary School
  • Palm Desert Charter Middle School
  • Palm Desert High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Water Softener

Community Details

  • Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 652041036

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0.39 Acres

HOA Fees

$110 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 3
  • List Price per Sq Ft: 397.46
  • Lp Sp Ratio: 1.0100
  • View Type: Mountain(s)
  • Water District Name: coachella valley water district
  • Year Built: 1988
  • Listing I D: 219058977
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • 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: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Exhaust Fan, Water Softener, Refrigerator, Gas Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Bonus Room, Patio, Living Room
  • Interior Amenities: Built-In Features, Vaulted Ceiling(s), Crown Molding
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Blower Fan, Gas, Decorative
  • Flooring: Wood
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Shower, Tile Shower, Shower & Tub, Remodeled
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3145.00

Exterior Features

  • Fencing: Block
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall, Fountain
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Exercise, Waterfall, Tile, Private, In Ground, Salt Water
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Oversized, Direct Entrance, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Exterior Security Lights, Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 110.00
  • Total Monthly Association Fees: 110.00

Lot Info

  • Assessor Parcel Number: 652041036
  • Lot Description: Back Yard, Yard, Private, Rectangular Lot, Landscaped, Lawn
  • Lot Size: 16988.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert Charter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Mar 29, 2021
Sold by
Gerber Jason and Gerber Katherine Jane
Bought by
Redlin Jennifer and Redlin Ian
Seller's Agent
Jason Evans
Coldwell Banker Realty
Buyer's Agent
Beth Cummins
Compass
List Price
$1,225,000
Sold Price
$1,260,000
Premium/Discount to List
$35,000
2.86%
Current Estimated Value
$1,676,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,401
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Apr 21, 2020
Sold by
Speier Steven M and Bracamonte Ricardo
Bought by
Gerber Jason and Gerber Katherine Jane

Purchase Details

Closed on
Aug 4, 2000
Sold by
Suriano Joseph L Trustee and Suriano Joseph Louis Revocable Living Tr
Bought by
Bracamonte Ricardo and Bracamonte Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 1996
Sold by
Bowlin Cecil R and Bowlin Joann Joann
Bought by
Suriano Joseph L
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Redlin Jennifer $1,260,000 Equity Title Company
Gerber Jason $425,000 None Available
Bracamonte Ricardo $492,000 First American Title Co
Suriano Joseph L $330,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bracamonte Ricardo $252,000
Closed Bracamonte Ricardo $1,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $1,260,000 +0.8% $401 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $1,250,000 +2.0% $397 / Sq Ft
03/17/2021 03/17/21 For Sale $1,225,000 -- $390 / Sq Ft
Source: California Desert Association of REALTORS®

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 $17,359 $1,363,862 $335,553 $1,028,309
2023 $17,359 $1,310,904 $322,524 $988,380
2022 $16,554 $1,285,200 $316,200 $969,000
2021 $5,871 $794,142 $151,554 $642,588
2020 $8,802 $684,114 $179,104 $505,010
2019 $8,527 $670,701 $175,593 $495,108
2018 $8,367 $657,550 $172,151 $485,399
2017 $8,196 $644,658 $168,776 $475,882
2016 $7,996 $632,018 $165,467 $466,551
2015 $8,019 $622,527 $162,983 $459,544
2014 $7,810 $610,336 $159,792 $450,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219058977

California Desert Association of REALTORS®

APN: 652-041-036

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