NOT LISTED FOR SALE

48671 Shady View Dr Palm Desert, CA 92260

Estimated Value: $1,590,000 - $2,039,000

4 Beds
4 Baths
3,709 Sq Ft
$495/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $1,674,000 $451 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,220/month

18 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Palm Desert High School Rated A
  • Contemporary Architecture
  • Lanai

About This Home

As of April 2022

Welcome to luxurious and spacious South Palm Desert Living at the Summit. This grand 4 BR / 4 BA / 2 car garage home and golf cart garage, has been gorgeously updated and celebrates the natural environment with many large windows, lots of light and a stunning swimming pool in the heart of the lot. Upon entering from the impressive wood, double doors, you are greeted by a regal, king sized great room that has been revived with new wood flooring and baseboards; a retextured ceiling; lovely stone column. The kitchen has all new white Quartz counters, under cabinet LED lights; under cabinet plugs and high end Moen kitchen faucet; motion censored cabinet lighting; recessed lighting; a bill pay station; and more! There is also a formal dining area; undercounter and new LED lighting; and bar area; and a stately bar area with new wine refrigerator. The primary bedroom has beautiful high ceilings; new stainless-steel light fixtures; a master closet with dressing area island; and an extra-long white Quartz dual vanity! The 3 secondary bedrooms are all ensuite. The gorgeous saltwater pool is Wi-Fi enabled and was just resurfaced with mini stone aqua blue. The yard has had many interior updates including new palm trees; new all drip irrigation; new French drains; and so much more! A short golf car ride to Big Horn, Ironwood, and Marrakesh country clubs. A stunning reimaging of contemporary desert aesthetics! (Reference as new = 2022). Plus many more upgrades; list available.

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 03/10/2022

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Brad Schmett

License #01275226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,897

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Rectangular Lot
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned PR05

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,709 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Blinds
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Bidet
  • Low Flow Shower

Laundry

  • Laundry Room
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool

Outdoor Features

  • Lanai
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Additional Features

  • City Lot
  • Tack Room

Community Details

  • Summit HOA

Listing and Financial Details

  • Assessor Parcel Number 652-141-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,897

Year Built

Built in 1989

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3709
  • Lot Acreage: 0.3000
  • Probate: No
  • Stories: 1
  • Year Built: 1989
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls, Built-Ins, High Ceilings (9 Feet+), Open Floor Plan
  • Fireplace Rooms: Gas Starter, Living Room, Decorative, See Through
  • Flooring: Tile, Wood
  • Appliances: Microwave, Oven, Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Dressing Area, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Low Flow Shower(s), Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar, Breakfast Area, Breakfast Room
  • Kitchen Features: Quartz Counters
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Washer, Built-Ins, Vented Exhaust Fan, Microwave
  • Fireplace: Yes
  • Inclusions: Water features; washer, dryer, wine cooler; security system / alarms
  • Price Per S Q F T: 451.33
  • Windows: Window Blinds

Exterior Features

  • Construction: Stucco, Wood Siding
  • Other Features: High Ceilings (9 Feet+), Double Door Entry
  • Other Structures: Other
  • Fence: Block
  • Patio: Porch - Front, Lanai
  • Pool Description: Gunite, Heated, Heated with Gas
  • Pool: Yes
  • Roof: Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: Unknown
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 125.00
  • Management Company: Summit HOA
  • Mgmt Co Phone: 7603469000|
  • HOA: Yes

Lot Info

  • Sprinklers: Drip System, Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 652-141-009
  • Lot Description: Single Lot, Lot Shape-Rectangular
  • Lot Location: City
  • Lot Size Area: 13068

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 31, 2022
Sold by
Victor H Hernandez Living Trust
Bought by
Horne Malone Family Trust
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Brad Schmett
List Price
$1,674,000
Sold Price
$1,674,000
Total Days on Market
18
Current Estimated Value
$1,836,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,429
Avg. Annual Appreciation
3.13%
Original Mortgage
$1,339,200
Outstanding Balance
$1,273,266
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$571,853

Purchase Details

Listed on
Sep 5, 2021
Closed on
Dec 21, 2021
Sold by
Robert W And Jeanne K Dickson Revocable
Bought by
Victor H Hernandez Living Trus
Seller's Agent
Lori Bowers
Buyer's Agent
Lori Bowers
List Price
$1,300,000
Sold Price
$1,050,000
Premium/Discount to List
-$250,000
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
546.05%
Original Mortgage
$625,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2020
Sold by
Dickson Jeanne K
Bought by
Dickson Jeanne K and Dickson Robert W

Purchase Details

Closed on
Feb 19, 2004
Sold by
Churchill David and Churchill Sharlene
Bought by
Dickson Robert W and Dickson Jeanne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Ross James H and Ross Deanie K
Bought by
Churchill David and Churchill Sharlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 3, 1998
Sold by
Mullenhour Barbara J
Bought by
Ross James H and Ross Deanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.88%

Purchase Details

Closed on
Feb 4, 1997
Sold by
Mullenhour Roger S
Bought by
The Roger S & Roberta S Faeh Revocable 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 Buyer Sale Price Title Company
Horne Malone Family Trust $1,674,000 First American Title
Victor H Hernandez Living Trus $1,050,000 Orange Coast Title
Dickson Jeanne K -- None Available
Dickson Robert W $620,000 Orange Coast Title Co
Churchill David $490,000 First American Title Co
Ross James H -- Old Republic Title Company
Ross James H $392,000 Old Republic Title Company
The Roger S & Roberta S Faeh Revocable L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horne Malone Family Trust $1,339,200
Previous Owner Victor H Hernandez Living Trus $625,000
Previous Owner Dickson Robert W $465,000
Previous Owner Dickson Robert W $465,000
Previous Owner Churchill David $202,400
Previous Owner Churchill David $200,000
Previous Owner Ross James H $55,000
Previous Owner Ross James H $352,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $1,674,000 0.0% $451 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,674,000 +59.4% $451 / Sq Ft
01/11/2022 01/11/22 Sold $1,050,000 -10.6% $283 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
11/18/2021 11/18/21 Price Changed $1,175,000 -1.7% $317 / Sq Ft
10/17/2021 10/17/21 Price Changed $1,195,000 -4.4% $322 / Sq Ft
09/17/2021 09/17/21 Price Changed $1,250,000 -3.8% $337 / Sq Ft
09/05/2021 09/05/21 For Sale $1,300,000 -- $350 / Sq Ft
Source: The MLS

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 $21,897 $1,707,480 $428,400 $1,279,080
2022 $10,724 $830,647 $207,655 $622,992
2021 $10,479 $814,361 $203,584 $610,777
2020 $10,287 $806,012 $201,497 $604,515
2019 $10,094 $790,209 $197,547 $592,662
2018 $9,905 $774,716 $193,675 $581,041
2017 $9,704 $759,527 $189,878 $569,649
2016 $9,467 $744,635 $186,155 $558,480
2015 $9,495 $733,451 $183,359 $550,092
2014 $9,237 $719,085 $179,768 $539,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-135471

The MLS

APN: 652-141-009