NOT LISTED FOR SALE

48664 Moon Terrace Ln Palm Desert, CA 92260

Estimated Value: $465,000 - $591,000

2 Beds
2 Baths
1,184 Sq Ft
$505/mo HOA Fee

Last Sold May 24, 2021

Last sale price $375,000 $317 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,603/month

21 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Wood Flooring
  • Palm Desert High School Rated A
  • Mountain View
  • Furnished

About This Home

As of May 2021

Indian Hills Community! Fantastic property now on the market! Location, Location, Location, just below Bighorn Golf Club in South Palm Desert. This immaculate property is ready for immediate occupancy and sits on one of the best view lots in Indian Hills. Enjoy the peace and quiet of a beautiful community with six pools, three tennis courts and lush landscaping. Plus, just minutes to El Paseo with upscale shopping and restaurants. Also, hiking and biking trails nearby. Centrally located to all that is happening in and around Palm Desert! Don't miss out on this fantastic condo that sits on an elevated lot with mountain, pool and valley views. The Indian Hills community is loaded with charm, lush greens and rolling knolls. A highly sought after community and a fantastic property just waiting for you.

Last Agent to Sell the Property

Tommi Lennon

Bennion Deville Homes License #01861334 Listed on: 04/19/2021

Last Buyer's Agent

Brad Schmett

Brad Schmett Real Estate Group License #01275226

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,325

Year Built

  • Built in 1974

Lot Details

  • 2,178

HOA Fees

  • $505 Monthly HOA Fees

Property Views

  • Mountain
  • Valley
  • Pool

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • 1 Attached Carport Space
  • Garage Door Opener

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Sprinkler System
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652221023

Community Details

Overview

  • Association fees include cable TV, trash
  • 119 Units
  • Indian Hills 880 Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,325

Year Built

Built in 1974

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Building Number Of Stories: 1
  • Included In Sale: Furnishings Per Inventory
  • List Price per Sq Ft: 310.81
  • Lp Sp Ratio: 1.0200
  • Unit Total In Complex: 119
  • View Type: Mountain(s), Valley, Pool
  • Year Built: 1974
  • Listing I D: 219060712
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Member Fax: (760) 771-9479
  • Selling Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Indian Hills-880
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Decorative
  • Flooring: Carpet, Wood, Laminate
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1184.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Attached Carport, Garage Door Opener
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash
  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 505.00
  • Total Monthly Association Fees: 505.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652221023
  • Irrigation: Sprinkler System
  • Lot Size: 2178.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 3, 2021
Sold by
Rosbrook Patricia A and Kacha Zina T
Bought by
Hickel Jeffrey Allan and Hickel Susan Shea
Seller's Agent
Tommi Lennon
Bennion Deville Homes
Buyer's Agent
Brad Schmett
Brad Schmett Real Estate Group
List Price
$368,000
Sold Price
$375,000
Premium/Discount to List
$7,000
1.9%
Current Estimated Value
$500,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,703
Avg. Annual Appreciation
6.86%
Original Mortgage
$249,000
Outstanding Balance
$226,613
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$274,090

Purchase Details

Closed on
Oct 17, 2018
Sold by
Kacha Zina T and Rosbrook Patricia A
Bought by
Rosbrook Patricia A and Kacha Zina T

Purchase Details

Listed on
Oct 26, 2015
Closed on
Nov 16, 2015
Sold by
Mathwig Gean M
Bought by
Kacha Zina T and Rosbrook Patricia A
Seller's Agent
Thomas Lister-Looker
Bennion Deville Home Referrals
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$148,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Mathwig Gean M
Bought by
Mathwig Gean M
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hickel Jeffrey Allan $375,000 Orange Coast Title Company
Rosbrook Patricia A -- None Available
Kacha Zina T $185,000 Fidelity National Title Ie
Mathwig Gean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickel Jeffrey Allan $249,000
Previous Owner Kacha Zina T $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $375,000 +1.9% $317 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $368,000 +98.9% $311 / Sq Ft
12/29/2015 12/29/15 Sold $185,000 -5.1% $156 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $195,000 -- $165 / 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 $5,325 $405,910 $54,121 $351,789
2023 $5,325 $390,150 $52,020 $338,130
2022 $2,923 $206,365 $51,589 $154,776
2021 $2,851 $202,320 $50,578 $151,742
2020 $2,803 $200,247 $50,060 $150,187
2019 $2,755 $196,322 $49,079 $147,243
2018 $2,709 $192,473 $48,118 $144,355
2017 $2,659 $188,700 $47,175 $141,525
2016 $2,601 $185,000 $46,250 $138,750
2015 $1,985 $138,521 $63,687 $74,834
2014 $1,956 $135,810 $62,441 $73,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219060712

California Desert Association of REALTORS®

APN: 652-221-023