$895,000
SOLD APR 23, 2021

48601 Valley View Dr Palm Desert, CA 92260

3 Beds
3 Baths
3,204 Sq Ft
0.28 Acres

Recently Sold

$279 Per Sq Ft

1% Above List Price

29 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Breakfast Room
  • Palm Desert High School Rated A
  • Furnished
  • 3 Car Attached Garage

About This Home

As of October 2021

This beautiful Mediterranean home is located in the highly sought after neighborhood of the Summit in South Palm Desert. The desert landscaping, driveway pavers and gated courtyard create the ultimate curb appeal. The private courtyard takes advantage of beautiful mountain views and the large sparkling pool with spa are accompanied by a fountain providing the vibe of a desert resort. The backyard has several citrus trees to enjoy and the side patio is just another tranquil space to enjoy on the property. Upon entering the double doors you are greeted with high ceilings with interesting architecture that displays comfortable elegance. Featuring a gourmet kitchen with custom cabinets, high end appliances including a built-in refrigerator, granite slab counters & backsplash, tile flooring and an entertainer's wet bar. Offering over 3,200sf this 3 bedroom 3 bath home is a perfect desert getaway or full time residence. One bedroom is currently being used as a den with built-in cabinetry, but can be easily converted back to a bedroom. Plus, the home has a new roof, newer air conditioners, fresh paint, 3-car garage and is offered furnished. Easy access to the many hiking trails in the area, shops on El Paseo and fabulous restaurants.

Last Agent to Sell the Property

Bespoke Real Estate Group

Bennion Deville Homes License #01322803 Listed on: 03/18/2021

Co-Listed By

Yvonne Ida

Bennion Deville Homes License #01753263

Last Buyer's Agent

DeAnna Piercy

HomeSmart License #01429553

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,471

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $111 Monthly HOA Fees

Interior Spaces

  • 3,204 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652231016

Community Details

Overview

  • Summit Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,471

Year Built

Built in 1986

Lot Details

0

HOA Fees

$111 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Included In Sale: Furnished per Sellers Inventory list.
  • List Price per Sq Ft: 277.78
  • Lp Sp Ratio: 1.0100
  • View Type: Mountain(s)
  • Year Built: 1986
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 219059046
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-0200
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: Individual Room
  • Estimated Sq Ft: 3204.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • 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: Garage Door Opener, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s)
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 111.00
  • Total Monthly Association Fees: 111.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652231016
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Size: 12197.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

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%
Total Days on Market
29
Current Estimated Value
$1,496,174

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
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
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: 219059046

California Desert Association of REALTORS®

APN: 652-231-016