NOT LISTED FOR SALE

48591 Oakwood Way Palm Desert, CA 92260

Estimated Value: $434,000 - $469,000

2 Beds
2 Baths
1,320 Sq Ft
$425/mo HOA Fee

Last Sold December 26, 2017

Last sale price $279,000 $211 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,194/month

26 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Secondary bathroom tub or shower combo
  • Palm Desert High School Rated A
  • Open Floorplan
  • End Unit

About This Home

As of December 2017

Views Views Views...Mountain views from both patios, city light views and it over looks one of many pool areas. One of the best locations in Sommerset. The condo offers two bedroom/two baths. Remodeled bathrooms and new tile flooring. Pride of ownership shows here. It is being offered turnkey furnished. Just bring your toothbrush. Two car garage. It is a end unit. Located at the end of a cul-de-sac. It won't last long.

Last Agent to Sell the Property

June Johnson

Keller Williams Realty License #01724093 Listed on: 11/04/2017

Keller Williams Realty

Last Buyer's Agent

June Johnson

Keller Williams Realty License #01724093 Listed on: 11/04/2017

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • East Facing Home
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $425 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation
  • Plaster Walls
  • Stucco Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Utility Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Built-In Barbecue

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652180007

Community Details

Overview

  • Sommerset South Palm Desert Subdivision

Amenities

  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,178

Year Built

Built in 1978

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Sommerset So. Palm D
  • Entry Location: Foyer
  • Included In Sale: turnkey furnished per inventory list
  • List Price per Sq Ft: 218.94
  • Lp Sp Ratio: 0.9654
  • View Type: City Lights, Mountain(s)
  • Water District Name: Coachella Valley Water Dist
  • Year Built: 1978
  • Listing I D: 217030300
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 285-2073
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 285-2073
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Microwave Oven, Electric Oven, Electric Range, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Interior Amenities: High Ceilings (9 Ft+), Plaster Walls, Open Floorplan
  • Range Hood: Yes
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Room
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1320.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Built-in BBQ: Propane
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 12.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • Total Monthly Association Fees: 425.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652180007
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.0500
  • Lot Description: Landscaped
  • Lot Size: 2178.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Nov 7, 2017
Sold by
Parmer Dennis A and Parmer Karen A
Bought by
Engelbreston Kurt
Seller's Agent
June Johnson
Keller Williams Realty
Buyer's Agent
June Johnson
Keller Williams Realty
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%
Current Estimated Value
$447,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,674
Avg. Annual Appreciation
6.32%
Original Mortgage
$209,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Swearinger Pamelia and Swearinger Pamella
Bought by
Parmer Dennis A and Parmer Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 1994
Sold by
Koenig William B and Koenig Beryle Y
Bought by
Jones Donna
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
Engelbreston Kurt $279,000 Orange Coast Title Co
Parmer Dennis A $227,500 Southland Title Corporation
Jones Donna $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engelbreston Kurt $209,250
Previous Owner Parmer Dennis A $91,500
Previous Owner Parmer Dennis A $95,000
Previous Owner Sol Tierra Del $600,000
Previous Owner Parmer Dennis A $100,000
Previous Owner Swearingen Pamelia $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $279,000 -3.5% $211 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $289,000 0.0% $219 / Sq Ft
11/16/2017 11/16/17 Price Changed $289,000 +7.0% $219 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
11/04/2017 11/04/17 For Sale $270,000 -- $205 / 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 $4,178 $317,448 $79,360 $238,088
2023 $4,178 $305,123 $76,279 $228,844
2022 $3,973 $299,141 $74,784 $224,357
2021 $3,879 $293,276 $73,318 $219,958
2020 $3,810 $290,270 $72,567 $217,703
2019 $3,742 $284,580 $71,145 $213,435
2018 $3,674 $279,000 $69,750 $209,250
2017 $2,711 $200,000 $50,000 $150,000
2016 $2,673 $198,000 $49,000 $149,000
2015 $2,926 $215,000 $54,000 $161,000
2014 $2,944 $216,000 $54,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217030300

California Desert Association of REALTORS®

APN: 652-180-007