NOT LISTED FOR SALE

48601 Valley View Dr Palm Desert, CA 92260

Estimated Value: $1,255,000 - $1,955,000

3 Beds
3 Baths
3,204 Sq Ft
$514/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $1,160,000 $362 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,134/month

About This Home

As of October 2021

Welcome to the Summit, located in the highly sought after area of South Palm Desert. This property is only minutes away from El Paseo shopping district, golf courses, hiking trails, the Living Desert Zoo and some of the best restaurants in the Valley! This remodeled 3 bed/3 bath 3200 sf home sits on an oversized 12,197 sf. lot and boasts nice and tall vaulted ceilings throughout, offering a ton of natural lighting and a great open floor plan. Features include: all oversized bedrooms, a gourmet kitchen with custom cabinets which have been completely refaced, all new kitchen appliances, as well as an entertainers wet bar in the living room. All brand new tile has recently been installed throughout. Kitchen has been completely upgraded and refaced. All three bathrooms have been remodeled as well as a free standing tub addition in the primary bathroom. Brand new carpet was installed in the bedrooms. The Desert landscaping offers minimal maintenance for those who want to just lock up an leave. Offered furnished! Open houses today and tomorrow. See you there!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 27, 2021
Sold by
Acasa Properties Llc
Bought by
Forthmann Andrew K and Forthmann Lori M
Seller's Agent
Tyson Hawley
Desert Sotheby's Int'l Realty
Buyer's Agent
Bonnie Baker
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,160,000
Premium/Discount to List
-$39,000
-3.25%
Current Estimated Value
$1,647,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,342
Avg. Annual Appreciation
7.55%

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 8, 2021
Sold by
Rickenbacker Jimmey L and Rickenbacker Marjorie E
Bought by
Acasa Properties Llc
Seller's Agent
Bespoke Real Estate Group
Bennion Deville Homes
Buyer's Agent
DeAnna Piercy
HomeSmart
List Price
$890,000
Sold Price
$895,000
Premium/Discount to List
$5,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.77%
Original Mortgage
$910,000
Interest Rate
3.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 16, 2019
Closed on
Jul 11, 2019
Sold by
Cavalletto Rhonda L
Bought by
Rickenbacker Jimmey L and Rickenbacker Marjorie E
Seller's Agent
Neal Robinson
Desert Sands Realty
Buyer's Agent
Robert Downing Tracy Boomer Group
Bennion Deville Homes
List Price
$739,000
Sold Price
$625,000
Premium/Discount to List
-$114,000
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Jul 30, 2018
Sold by
Cavalletto Rhonda L and Young Rhonda L
Bought by
Cavalletto Rhonda L

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 11, 2017
Sold by
Young Larry D
Bought by
Young Rhonda L
Seller's Agent
Lisa Jobe
Bennion Deville Homes
Buyer's Agent
RoseAnne Foxx
Bennion Deville Homes
List Price
$669,000
Sold Price
$617,000
Premium/Discount to List
-$52,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$424,100
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2016
Closed on
Mar 24, 2017
Sold by
King C Gerald
Bought by
Young Rhonda L
Seller's Agent
Lisa Jobe
Bennion Deville Homes
Buyer's Agent
RoseAnne Foxx
Bennion Deville Homes
List Price
$669,000
Sold Price
$617,000
Premium/Discount to List
-$52,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2000
Sold by
King C Gerald and King Emily J
Bought by
King C Gerald and King Emily J

Purchase Details

Closed on
Nov 4, 1997
Sold by
Babich Jerome L and Babich Mary L
Bought by
King Clive Gerald and King Emily J

Purchase Details

Closed on
Apr 25, 1997
Sold by
Babich Jerome L and Babich Mary L
Bought by
Babich Jerome L and Babich Mary L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Forthmann Andrew K $1,160,000 First American Title
Acasa Properties Llc $895,000 Orange Coast Title Company
Rickenbacker Jimmey L $625,000 Chicago Title Co
Cavalletto Rhonda L -- None Available
Young Rhonda L -- Orange Coast Title Company
Young Rhonda L $617,000 Orange Coast Title Company
King C Gerald -- --
King Clive Gerald $410,000 Old Republic Title Company
Babich Jerome L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acasa Properties Llc $910,000
Previous Owner Young Rhonda L $424,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $1,160,000 -3.3% $362 / Sq Ft
08/06/2021 08/06/21 For Sale $1,199,000 +34.0% $374 / Sq Ft
04/23/2021 04/23/21 Sold $895,000 +0.6% $279 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $890,000 +42.4% $278 / Sq Ft
07/19/2019 07/19/19 Sold $625,000 -8.0% $195 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/06/2019 07/06/19 Price Changed $679,000 -0.1% $212 / Sq Ft
07/01/2019 07/01/19 Price Changed $680,000 -0.1% $212 / Sq Ft
06/21/2019 06/21/19 Price Changed $681,000 -0.1% $213 / Sq Ft
06/14/2019 06/14/19 Price Changed $682,000 -0.1% $213 / Sq Ft
06/07/2019 06/07/19 Price Changed $683,000 -0.1% $213 / Sq Ft
05/31/2019 05/31/19 Price Changed $684,000 -0.7% $213 / Sq Ft
04/26/2019 04/26/19 Price Changed $689,000 -1.4% $215 / Sq Ft
03/15/2019 03/15/19 Price Changed $699,000 -5.4% $218 / Sq Ft
02/16/2019 02/16/19 For Sale $739,000 +19.8% $231 / Sq Ft
05/05/2017 05/05/17 Sold $617,000 -4.9% $193 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $649,000 -3.0% $203 / Sq Ft
12/06/2016 12/06/16 For Sale $669,000 -- $209 / Sq Ft

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 $15,471 $1,230,998 $307,751 $923,247
2023 $15,471 $1,183,199 $295,801 $887,398
2022 $14,757 $1,160,000 $290,001 $869,999
2021 $6,433 $631,474 $60,621 $570,853
2020 $6,353 $625,000 $60,000 $565,000
2019 $8,294 $641,926 $192,578 $449,348
2018 $8,140 $629,340 $188,802 $440,538
2017 $7,333 $564,067 $137,570 $426,497
2016 $7,156 $553,008 $134,873 $418,135
2015 $7,174 $544,704 $132,849 $411,855
2014 $6,955 $534,037 $130,248 $403,789
Source: Public Records

Agents Affiliated with this Home

  • Tyson Hawley

    Seller's Agent in 2021

    Tyson Hawley

    Desert Sotheby's Int'l Realty

    (760) 273-5150

    61 Total Sales

    Tyson Hawley
    Section Image

  • B

    Seller's Agent in 2021

    Bespoke Real Estate Group

    Bennion Deville Homes

  • Y

    Seller Co-Listing Agent in 2021

    Yvonne Ida

    Bennion Deville Homes

  • B

    Buyer's Agent in 2021

    Bonnie Baker

    Coldwell Banker Realty

    (760) 776-9898

    10 Total Sales

    Bonnie Baker
    Section Image

  • D

    Buyer's Agent in 2021

    DeAnna Piercy

    HomeSmart

    Section Image
  • Neal Robinson

    Seller's Agent in 2019

    Neal Robinson

    Desert Sands Realty

    (916) 765-9960

    49 Total Sales

    Neal Robinson
    Section Image
See All Agents

Map

California Riverside County Palm Desert 92260

48601 Valley View Dr, Palm Desert, CA

This home is located at 48601 Valley View Dr, Palm Desert, CA 92260 and is currently estimated at $1,647,342, approximately $514 per square foot. 48601 Valley View Dr is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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