NOT LISTED FOR SALE

48671 Shady View Dr Palm Desert, CA 92260

Estimated Value: $1,569,000 - $2,544,000

4 Beds
4 Baths
3,709 Sq Ft
$552/Sq Ft Est. Value

Last Sold April 12, 2022

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

Est. 22% increase in value since last sale

Current estimated payment $12,812/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 California Inc License #01995374 Listed on: 03/10/2022

eXp Realty of California Inc

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
  • Tile Roof
  • 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 Car Attached Garage
  • 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 California Inc
Buyer's Agent
Brad Schmett
List Price
$1,674,000
Sold Price
$1,674,000
Current Estimated Value
$2,048,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,766
Avg. Annual Appreciation
6.01%
Original Mortgage
$1,339,200
Outstanding Balance
$1,265,355
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$783,411

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Churchill David $200,000
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
2025 $21,897 $1,776,461 $445,707 $1,330,754
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

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-135471

The MLS

APN: 652-141-009