48601 Valley View Dr Palm Desert, CA 92260
3
Beds
3
Baths
3,204
Sq Ft
0.28
Acres
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 2021Welcome 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
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
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%
Total Days on Market
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,174
Avg. Annual Appreciation
7.22%
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
Similar Homes in Palm Desert, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
T
Seller's Agent in 2021
Tyson Hawley
Desert Sotheby's Int'l Realty
(760) 565-5127
36 Total Sales
-
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
-
Bonnie Baker
B
Buyer's Agent in 2021
Bonnie Baker
Coldwell Banker Realty
(760) 776-9898
12 Total Sales
-
Buyer's Agent in 2021
DeAnna Piercy
HomeSmart
(760) 641-9183
-
Neal Robinson
Seller's Agent in 2019
Neal Robinson
Desert Sands Realty
(916) 765-9960
47 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219005395
APN: 652-231-016
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