$1,050,000
SOLD JAN 11, 2022

48671 Shady View Dr Palm Desert, CA 92260

4 Beds
4 Baths
3,709 Sq Ft
0.3 Acres

Recently Sold

$283 Per Sq Ft

19% Below List Price

121 Days on Market

Highlights

  • In Ground Pool
  • Great Room with Fireplace
  • Concrete Porch or Patio
  • Palm Desert High School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2022

Now is the time to start living the desert dream in this amazing home in prime location. You will love this gorgeous 4 bedrooms, 4 baths, 2 car garage plus golf cart garage, custom walled and gated private estate home with pool and spa at the Summit in South Palm Desert. The home has been impeccably maintained and upgraded while maintaining the original charm and beauty. You will be amazed as you enter the large double front doors to a massive great room with extra high ceilings, fireplace, and views to the back yard cactus garden with night lighting. The oversized dining room adjoins the great room and kitchen and has a beautiful custom ocean view wall mural. The kitchen has lots of cabinets and large island plus windows and sliders overlooking the courtyard pool, spa, and patio area. The wonderful owner's suite is very large with gigantic walk in closet with island . The light and bright owner's bath has it all, double vanities, lots of storage, large soaking tub, walk in shower, private toilet room with bidet. the ceiling windows over the vanities make star gazing so fun. The 3 secondary bedrooms are all extra large with very walk in closets too and ensuite baths. The patio areas feature tile roof with custom beams supporting the tiles. The pool is great for laps or relaxing and a the spa is wonderful too. You have plenty of room to BBQ, entertain, or just enjoy the privacy and serenity. Homes of this quality rarely become available for purchase.

Last Agent to Sell the Property

Lori Bowers

License #01293735 Listed on: 09/05/2021

Last Buyer's Agent

Lori Bowers

License #01293735 Listed on: 09/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,897

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System

HOA Fees

  • $111 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 3,709 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

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

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Summit Subdivision

Listing and Financial Details

  • Assessor Parcel Number 652141009

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,897

Year Built

Built in 1989

Lot Details

0

HOA Fees

$111 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Building Number Of Stories: 1
  • Entry Location: Foyer
  • List Price per Sq Ft: 316.80
  • Lp Sp Ratio: 0.8900
  • Water District Name: CVWD
  • Year Built: 1989
  • Listing I D: 219067266
  • Listing Member Address: 81208 Laguna Ct., La Quinta, CA 92253
  • Listing Office Address: 81208 Laguna Ct., La Quinta, CA 92253
  • Listing Office Fax: (760) 771-5327
  • Selling Member Address: 81208 Laguna Ct., La Quinta, CA 92253
  • Selling Office Address: 81208 Laguna Ct., La Quinta, CA 92253
  • Selling Office Fax: (760) 771-5327
  • Land Type: Fee
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave Oven, Electric Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 3709.00

Exterior Features

  • Roofing: Tile
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652141009
  • Irrigation: Sprinkler System
  • Lot Size: 13068.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

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
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
6.10%
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

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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 $1,674,000 First American Title
Grant Deed $1,050,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $620,000 Orange Coast Title Co
Grant Deed $490,000 First American Title Co
Grant Deed -- Old Republic Title Company
Grant Deed $392,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,339,200 New Conventional
Previous Owner $625,000 New Conventional
Previous Owner $465,000 Unknown
Previous Owner $465,000 Purchase Money Mortgage
Previous Owner $202,400 Unknown
Previous Owner $200,000 No Value Available
Previous Owner $55,000 Credit Line Revolving
Previous Owner $352,800 No Value Available
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: 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 $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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219067266

California Desert Association of REALTORS®

APN: 652-141-009