$617,000
SOLD MAY 5, 2017

48601 Valley View Dr Palm Desert, CA 92260

3 Beds
3 Baths
3,204 Sq Ft
0.28 Acres

Recently Sold

$193 Per Sq Ft

8% Below List Price

97 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • High Ceiling
  • Palm Desert High School Rated A
  • Mountain View
  • Breakfast Area or Nook

About This Home

As of October 2021

Highly desirable Summit community home, minutes away from shopping and restaurants, features security gates that open into a spectacular East facing private courtyard with saltwater pool and spa. Double doors lead into foyer and living room with large fireplace, wet bar includes a new dual zone under counter beverage refrigerator and opens to courtyard. Large master suite has His and Hers walk in closets, bath has double sinks, tub, and separate shower. Two guest bedrooms, one with custom office built-ins, joined by a Jack and Jill bath. Sunny kitchen features granite, Subzero refrigerator, wall oven with warming drawer and microwave, central island has additional prep sink and cooktop. Custom cabinetry provides ample storage. Kitchen opens to both breakfast nook and large informal dining room with built in buffet. Finished 3 car garage has AC, epoxy flooring and attic storage with pull down stairs. Added features: homeowner solar system, newer AC's, low maintenance landscape.

Last Agent to Sell the Property

Lisa Jobe

Bennion Deville Homes License #01043515 Listed on: 12/06/2016

Last Buyer's Agent

RoseAnne Foxx

Bennion Deville Homes License #01111579

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,471

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Stucco Fence

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,204 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Gas Log Fireplace
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 220 Volts in Kitchen
  • Cable TV Available

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Community Details

  • 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
  • Levels: Ground
  • Builders Tract Code: Summit
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 202.56
  • Lp Sp Ratio: 0.9507
  • View Type: Mountain(s)
  • Year Built: 1986
  • Listing I D: 216036046
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Fee
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Wet Bar, Open Floorplan, High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 3204.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout, In Laundry, In Kitchen
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 652231016
  • Lot Acres: 0.2800
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

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
$1,546,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,191
Avg. Annual Appreciation
7.02%

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
11.37%
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

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Range of Values:

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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 $2,154,245 $307,751 $1,846,494
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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216036046

California Desert Association of REALTORS®

APN: 652-231-016