$625,000
SOLD JUL 19, 2019

48601 Valley View Dr Palm Desert, CA 92260

3 Beds
3 Baths
3,204 Sq Ft
0.28 Acres

Recently Sold

$195 Per Sq Ft

15% Below List Price

142 Days on Market

Highlights

  • Cabana
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Desert High School Rated A
  • City Lights View
  • Secondary bathroom tub or shower combo

About This Home

As of October 2021

Welcome to The Summit in beautiful South Palm Desert, where you are just minutes from Golf, hiking, The Living Desert, and the world famous El Paseo shopping district. This 3,204 sqft home sits on a 12,197 sqft lot and boasts 3 bedrooms, 3 bathrooms, open floor plan, high ceilings throughout, loads of natural sunlight, large eat-in kitchen with storage galore and SubZero refrigerator. Other interior features include a brand new Air Conditioning system with Wi-Fi thermostat that can be remotely controlled using your cell phone, spacious master suite with dual walk-in closets, whole house surround sound, and a wet bar equipped with a tempered wine cooler, perfect for entertaining. Exterior exudes amazing, unobstructed mountain views, not to mention owned solar, an air conditioning unit in the garage, gorgeous low maintenance desert-scape, and a private front court yard with pool, spa, and fountain. So come see this stunning home for yourself!

Last Agent to Sell the Property

Neal Robinson

Desert Sands Realty License #01924571 Listed on: 02/16/2019

Last Buyer's Agent

Robert Downing Tracy Boomer Group

Bennion Deville Homes License #01322803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,471

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Privacy Fence
  • Block Wall Fence
  • Stucco Fence
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $99 Monthly HOA Fees

Property Views

  • City Lights
  • Woods
  • Mountain
  • Desert
  • Hills
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,204 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Intercom

Kitchen

  • Breakfast Room
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Parking

  • 3 Car Direct Access Garage
  • Driveway

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature
  • Outdoor Shower
  • Pool Cover

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities

Additional Features

  • Solar owned by seller
  • Concrete Porch or Patio

Community Details

  • Association fees include cable TV
  • Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 652231016

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,471

Year Built

Built in 1986

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces East
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Summit
  • Building Number Of Stories: 1
  • Entry Location: Foyer
  • List Price per Sq Ft: 211.92
  • Lp Sp Ratio: 0.9205
  • View Type: City Lights, Desert, Hills, Mountain(s), Pool, Trees/Woods
  • Year Built: 1986
  • Co Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Selling Office Fax: (760) 770-6951
  • Listing I D: 219005395
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Built-In Features, High Ceilings (9 Ft+), Intercom, Open Floorplan, Recessed Lighting, Surround Sound Wired, Two Story Ceilings, Wet Bar
  • Fireplace Features: Gas Log, Glass Doors, Raised Hearth
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Dual Entry-Jack & Jill, Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Breakfast Room, Kitchen Island
  • Kitchen Features: Granite Slab Counters, Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3204.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Other Structures: Cabana, Outside Shower
  • Roofing: Tile
  • Fencing: Block, Privacy, Stucco Wall
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Pool Cover, Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Heat Pump
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA Information: Yes
  • HOA Fee 1: 99.00
  • Total Monthly Association Fees: 99.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652231016
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.2800
  • Lot Description: Fenced, Landscaped, Utilities Underground
  • Lot Size: 12197.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert
  • School District: Desert Sands Unified

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:

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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 Type Sale Price Title Company
Grant Deed $1,160,000 First American Title
Grant Deed $895,000 Orange Coast Title Company
Grant Deed $625,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $617,000 Orange Coast Title Company
Interfamily Deed Transfer -- --
Grant Deed $410,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $910,000 Commercial
Previous Owner $424,100 New Conventional
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
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 $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

Source: California Desert Association of REALTORS®

MLS Number: 219005395

California Desert Association of REALTORS®

APN: 652-231-016

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 priced at $625,000, approximately $195 per square foot. This property was built in 1986. 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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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