NOT LISTED FOR SALE

48651 Shady View Dr Palm Desert, CA 92260

Estimated Value: $1,903,000 - $2,009,000

3 Beds
4 Baths
3,474 Sq Ft
$556/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,900,000 $547 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,497/month

34 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Mountain View
  • Palm Desert High School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of February 2024

Experience luxury living at its finest in the heart of Palm Desert. This stunning home, located in the coveted Summit neighborhood, is a true gem. As you step through the front gate, you'll be greeted by a beautiful courtyard, complete with a sparkling pool and spa, perfect for enjoying the warm California sun. The home's open floor plan, soaring ceilings, and designer furnishings exude elegance and sophistication. The primary retreat offers a peaceful sanctuary, with pool views that will take your breath away. This home also features top-tier fixtures, clerestory windows for abundant natural light, and ample wall space for showcasing your art collection. Plus, with private guest rooms, your visitors will feel right at home. Embrace the epitome of contemporary design in this splendid luxury home. Has home gym and a separate laundry area. Home being sold furnished - art, sculptors, and dining room table/chairs excluded.

Last Agent to Sell the Property

Jim Crane

Equity Union License #01303904 Listed on: 01/11/2024

Equity Union

Last Buyer's Agent

David Kibbey

Desert Sotheby's International Realty License #01341384

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,385

Year Built

  • Built in 1987

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Stucco Fence
  • Landscaped
  • Level Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 3,474 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Ceramic Tile Flooring
  • Security System Leased

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Powder Room
  • Marble Bathroom Countertops
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 652141010

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,385

Year Built

Built in 1987

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Building Number Of Stories: 2
  • Building Style: Contemporary
  • Included In Sale: Furnishings per inventory. Art, sculptors, gym equipment , dining room table and chairs excluded.
  • List Price per Sq Ft: 568.51
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s), Pool
  • Water District Name: Coachella Valley Water District
  • Year Built: 1987
  • Listing I D: 219105204
  • Listing Member Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Fax: (760) 561-9333
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Dryer Hookup, Gas Range, Gas/Elec Dryer Hookup, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Retreat
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Ceramic Tile
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Marble Counters, Powder Room, Shower Stall
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Kitchen Island
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area
  • Estimated Sq Ft: 3474.00
  • Windows Treatments: Blinds, Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Gunite, In Ground
  • Pool Description: Gunite, Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Electric
  • Security: Security System Leased
  • Sewer: In Street Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 117.00
  • Total Monthly Association Fees: 117.00

Lot Info

  • Assessor Parcel Number: 652141010
  • Lot Description: Front Yard, Landscaped, Level, Private, Yard
  • Lot Size: 13068.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 2, 2024
Sold by
Daniel W Crotta Living Trust
Bought by
Marko Jennifer
Seller's Agent
Jim Crane
Equity Union
Buyer's Agent
David Kibbey
Desert Sotheby's International Realty
List Price
$1,975,000
Sold Price
$1,900,000
Premium/Discount to List
-$75,000
-3.8%
Total Days on Market
34
Views
49
Current Estimated Value
$1,932,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,646
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Dec 12, 2023
Sold by
Ventre Mathew Stephen
Bought by
Marko Jennifer
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 Buyer Sale Price Title Company
Marko Jennifer $1,900,000 Lawyers Title
Marko Jennifer -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bingham Penny $500,000
Previous Owner Bingham Henry G $50,000
Previous Owner Bingham Henry G $73,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,900,000 -3.8% $547 / Sq Ft
01/11/2024 01/11/24 For Sale $1,975,000 +42.5% $569 / Sq Ft
05/13/2022 05/13/22 Sold $1,386,000 +38.9% $416 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $998,000 -- $300 / 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 $18,385 $1,413,720 $61,200 $1,352,520
2022 $7,699 $588,012 $93,804 $494,208
2021 $7,513 $576,483 $91,965 $484,518
2020 $7,378 $570,573 $91,023 $479,550
2019 $7,239 $559,387 $89,240 $470,147
2018 $7,103 $548,420 $87,491 $460,929
2017 $6,957 $537,668 $85,776 $451,892
2016 $6,787 $527,127 $84,095 $443,032
2015 $6,800 $519,211 $82,833 $436,378
2014 $6,561 $509,042 $81,211 $427,831
Source: Public Records

Agents Affiliated with this Home

  • Jim Crane

    Seller's Agent in 2024

    Jim Crane

    Equity Union

    (310) 855-4595

    52 Total Sales

    Jim Crane
    Section Image
  • David Kibbey

    Buyer's Agent in 2024

    David Kibbey

    Desert Sotheby's International Realty

    (760) 774-0105

    128 Total Sales

    David Kibbey
    Section Image
  • Marilyn Ford

    Seller's Agent in 2022

    Marilyn Ford

    Bennion Deville Homes

    (760) 567-8980

    95 Total Sales

    Marilyn Ford
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219105204

California Desert Association of REALTORS®

APN: 652-141-010

California Riverside County Palm Desert 92260

48651 Shady View Dr, Palm Desert, CA

This home is located at 48651 Shady View Dr, Palm Desert, CA 92260 since 11 January 2024 and is currently estimated at $1,932,646, approximately $556 per square foot. This property was built in 1987. 48651 Shady 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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