NOT LISTED FOR SALE

48796 Desert Flower Dr Palm Desert, CA 92260

Estimated Value: $346,000 - $386,000

2 Beds
2 Baths
1,207 Sq Ft
$348/mo HOA Fee

Last Sold January 30, 2014

Last sale price $133,750 $111 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $2,524/month

110 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Ceramic Tile Flooring
  • Palm Desert High School Rated A
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Two Bedroom and Two Bathroom Townhouse style Condo located in Mountainback-high up Hwy 74. Good condition. Two Bedrooms and One Bathroom upstairs, One Bathroom Downstairs. Indoor Laundry area upstairs. Front and Back Patio. Front patio is courtyard style, Back Patio open faces Large Greenbelt area with Big Shade Trees. Kitchen updated recently with cabinets, granite tile counter, Range/Oven, Built-in Microwave/Vent, Dishwasher. Living Room with Dining Area combo. This would make a great full time residence or Vacation Home.

Last Agent to Sell the Property

Gary Anderson

License #00873508 Listed on: 09/20/2013

Last Buyer's Agent

Joy Hall

License #00759600

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,207 Sq Ft Home
  • 2-Story Property
  • Dining Area

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 652200013

Community Details

Overview

  • Mountainback Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,080

Year Built

Built in 1972

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Mountainback
  • List Price per Sq Ft: 115.58
  • Lp Sp Ratio: 0.9588
  • Year Built: 1972
  • Listing I D: 21481771
  • Listing Office Address: 69730 Hwy 111, #112, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-2955
  • Selling Office Address: 73-993 Highway 111, Palm Desert, CA 92260
  • Selling Office Fax: (760) 773-4975
  • Land Type: Fee
  • Subdivision: Mountainback
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Up, Master Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: Laundry Area, Upper Level
  • Estimated Sq Ft: 1207.00

Exterior Features

  • Roofing: Flat
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 348.00
  • Total Monthly Association Fees: 348.00
  • Unit Location: Inside Unit

Lot Info

  • Assessor Parcel Number: 652200013
  • Lot Acres: 0.0100
  • Lot Size: 436.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 15, 2014
Sold by
Citimortgage Inc
Bought by
Nimmo Jami Lee and Sandoval Esteban
Seller's Agent
Gary Anderson
Buyer's Agent
Joy Hall
List Price
$143,500
Sold Price
$133,750
Premium/Discount to List
-$9,750
-6.79%
Current Estimated Value
$367,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,740
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Shvartsmann Sam and Shvartsmann Janetta
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 23, 2008
Sold by
Shvartsmann Sam and Shvartsmann Janetta
Bought by
Shvartsmann Sam and Shvartsmann Janetta

Purchase Details

Closed on
Dec 8, 2005
Sold by
Buckhout Michael W and Buckhout Lisa L
Bought by
Shvartsmann Sam and Shvartsmann Janetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 7, 2003
Sold by
Crawford Paul Andrew and Gray Jan Marie
Bought by
Buckhout Michael W and Buckhout Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1998
Sold by
Zentmyer John M
Bought by
Crawford Paul Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,930
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nimmo Jami Lee $134,000 Servicelink
Citimortgage Inc $175,680 None Available
Shvartsmann Sam -- None Available
Shvartsmann Sam $235,000 Equity Title Company
Buckhout Michael W $160,000 Fidelity Natl Title Ins Co
Crawford Paul Andrew $55,909 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shvartsmann Sam $214,000
Previous Owner Shvartsmann Sam $23,500
Previous Owner Shvartsmann Sam $188,000
Previous Owner Buckhout Michael W $152,000
Previous Owner Crawford Paul Andrew $55,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $133,750 -4.1% $111 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $139,500 -2.8% $116 / Sq Ft
12/20/2013 12/20/13 For Sale $143,500 +7.3% $119 / Sq Ft
12/17/2013 12/17/13 Off Market $133,750 -- --
11/25/2013 11/25/13 Price Changed $143,500 -4.2% $119 / Sq Ft
11/08/2013 11/08/13 For Sale $149,750 0.0% $124 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
10/21/2013 10/21/13 Price Changed $149,750 -2.4% $124 / Sq Ft
09/20/2013 09/20/13 For Sale $153,500 -- $127 / 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 $2,080 $164,253 $41,058 $123,195
2023 $2,080 $157,876 $39,464 $118,412
2022 $2,003 $154,782 $38,691 $116,091
2021 $1,966 $151,748 $37,933 $113,815
2020 $1,930 $150,193 $37,545 $112,648
2019 $1,894 $147,249 $36,809 $110,440
2018 $1,859 $144,363 $36,089 $108,274
2017 $1,822 $141,533 $35,382 $106,151
2016 $1,779 $138,759 $34,689 $104,070
2015 $1,784 $136,676 $34,169 $102,507
2014 $1,595 $121,000 $30,000 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21481771

California Desert Association of REALTORS®

APN: 652-200-013