NOT LISTED FOR SALE

48820 N View Dr Palm Desert, CA 92260

Estimated Value: $1,193,000 - $1,825,000

3 Beds
3.5 Baths
3,741 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $965,000 $258 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $9,874/month

60 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Desert High School Rated A
  • Panoramic View
  • Contemporary Architecture

About This Home

As of January 2021

Luxury Retreat at the Summit. Polished stone walkways & drive greet you while a spectacular Miro horse sculpture hints of contemporary sophistication. Situated on .3-acre elevated lot with exceptional landscape artistry. The open concept design accented with Calibre LED illuminated ceilings, white 24' porcelain tiles and abundant natural light create an exceptional indoor-outdoor entertaining paradise. 3 bedrooms, 3.5 baths, den with built-ins, formal dining room, gourmet kitchen with extensive cabinetry, pantry, and sun-filled breakfast room. An additional bonus is a private office off the garage with built-ins and separate AC. Strolling backyard landscaped with lush mature flora & fauna, an outdoor kitchen with expansive bar area perfectly designed for intimate entertaining or grand celebrations. Free form Pebble Tec pool and spa framed by polished stone patio & walkways. Simply stunning inside & out. Experience the desert lifestyle at its best! Experience the Summit.

Last Agent to Sell the Property

Team Michael Hilgenberg w/ Keller Will

Keller Williams Realty License #00938044 Listed on: 10/23/2020

Keller Williams Realty

Last Buyer's Agent

Brad Rivers

Keller Williams Realty License #01863021

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,197

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Masonry wall
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $106 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,741 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Laundry Room
  • Security System Owned

Kitchen

  • Walk-In Pantry
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Secondary bathroom tub or shower combo
  • Shower Only

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • Outdoor Pool

Outdoor Features

  • Stone Porch or Patio
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 652141037

Community Details

Overview

  • Summit Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,197

Year Built

Built in 1989

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • List Price per Sq Ft: 260.63
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: CVWD
  • Year Built: 1989
  • Listing I D: 219051868
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Street Direction: N
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Coffered Ceiling(s), Bar
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Linen Closet, Tile Shower, Shower Over Tub, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Room, Formal Dining Room
  • Kitchen Features: Pantry, Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3741.00

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Masonry
  • Foundation: Slab
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Pebble
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener, Direct Entrance, Oversized
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Annually
  • Association #3 Frequency: Annually
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Amenities: Management
  • HOA Information: Yes
  • HOA Fee 1: 106.00
  • Total Monthly Association Fees: 106.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652141037
  • Irrigation: Sprinkler Timer
  • Lot Description: Back Yard, Yard, Utilities Underground, Street Public, Street Paved, Landscaped, Lawn, Curbs
  • Lot Location: Cul-De-Sac
  • Lot Size: 13068.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Reddy Chandra S and Reddy Ila
Bought by
Reddy Trust
Current Estimated Value
$1,635,006

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 4, 2020
Sold by
Henderson Patricia M and Kruppe Claire
Bought by
Reddy Chandra S and Shah Reddy Ila
Seller's Agent
Team Michael Hilgenberg w/ Keller Will
Keller Williams Realty
Buyer's Agent
Brad Rivers
Keller Williams Realty
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$548,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2015
Closed on
Feb 16, 2016
Sold by
Grove David C and Grove Amelia A
Bought by
Henderson Patricia M and Kruppe Claire
Seller's Agent
Phyllis Cyphers
Bennion Deville Homes
Buyer's Agent
Phyllis Cyphers
Compass
List Price
$987,000
Sold Price
$850,000
Premium/Discount to List
-$137,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Demorest John P
Bought by
Grove David C and Grove Amelia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2003
Sold by
Demorest John P
Bought by
Demorest John P and John P Demorest Trust

Purchase Details

Closed on
Mar 17, 1999
Sold by
Niles Thomas J and Niles Patricia M
Bought by
Demorest John P
Source: Public Records

Range of Values:

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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
Reddy Trust -- None Listed On Document
Reddy Chandra S $965,000 Orange Coast Title Co
Henderson Patricia M $700,000 Orange Coast Title Company
Grove David C $900,000 Orange Coast Title Co
Demorest John P -- --
Demorest John P $500,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddy Chandra S $548,000
Previous Owner Grove David C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $965,000 -1.0% $258 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $975,000 +14.7% $261 / Sq Ft
02/29/2016 02/29/16 Sold $850,000 -5.5% $227 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/27/2016 01/27/16 Price Changed $899,000 -8.9% $240 / Sq Ft
12/29/2015 12/29/15 For Sale $987,000 -- $264 / 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 $13,197 $1,044,545 $64,945 $979,600
2023 $13,197 $1,003,986 $62,424 $941,562
2022 $12,573 $984,300 $61,200 $923,100
2021 $11,790 $929,597 $295,283 $634,314
2020 $11,571 $920,066 $292,256 $627,810
2019 $11,351 $902,026 $286,526 $615,500
2018 $11,198 $884,340 $280,908 $603,432
2017 $10,967 $867,000 $275,400 $591,600
2016 $9,744 $764,000 $267,000 $497,000
2015 $9,948 $767,000 $268,000 $499,000
2014 $8,989 $699,000 $245,000 $454,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051868

California Desert Association of REALTORS®

APN: 652-141-037