$230,000
SOLD DEC 24, 2018 RENTED JUN 15, 2025

48940 Desert Flower Dr Palm Desert, CA 92260

3 Beds
3 Baths
1,348 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

11% Below List Price

87 Days on Market

About This Home

As of January 2024

Beautiful condo in South Palm Desert with amazing mountain views, close to great hiking trails, pools, spas, tennis courts. In a charming and secluded S. Palm Desert neighborhood. Being in a desirable corner lot location, it features the largest covered Patio on the block and a beautifully landscaped private patio in the back with amazing views of the mountains and greenbelt area. This beautiful 3 bedroom, 2-story condo is move-in ready!

Last Agent to Sell the Property

Mick Terzic

Miran Mick Terzic License #01924668 Listed on: 09/01/2018

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,520

Year Built

1973

Lot Details

0

Listing Details

  • Active Date: 2018-09-01
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1348.0
  • Building Structure Style: Contemporary
  • Driving Directions: See Google Maps
  • Full Street Address: 48940 DESERT FLOWER DR
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2019-01-05
  • Unit Floor In Building: 1
  • Total Number of Units: 101
  • View Type: Park Or Green Belt View, Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1973

Interior Features

  • Advertising Remarks: Beautiful condo in South Palm Desert with amazing mountain views, close to great hiking trails, pools, spas, tennis courts. In a charming and secluded S. Palm Desert neighborhood. Being in a desirable corner lot location, it features the largest covered P
  • Total Bedrooms: 3
  • Builders Tract Code: 4070
  • Builders Tract Name: MOUNTAINBACK
  • Fireplace: No
  • Levels: Two Level
  • Appliances: Dishwasher, Dryer, Refrigerator
  • Floor Material: Ceramic Tile
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Carport, Parking Space

Utilities

  • Cooling Type: Air Conditioning
  • Heating Fuel: Natural Gas
  • Security: Community

Condo/Co-op/Association

  • Amenities: Greenbelt/Park, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • Association Name: MOUNTAINBACK
  • HOA Fees: 348.0

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Jan 25, 2024
Sold by
Singer Caitlin
Bought by
Goott Jhaveri Family Trust and Goott
Seller's Agent
Stephen Clark
Desert Sotheby's International Realty
List Price
$409,000
Sold Price
$330,000
Premium/Discount to List
-$79,000
-19.32%
Views
122
Current Estimated Value
$415,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,978
Avg. Annual Appreciation
15.89%

Purchase Details

Listed on
Sep 1, 2018
Closed on
Dec 7, 2018
Sold by
Terzic Vanja
Bought by
Singer Caitlin
Seller's Agent
Mick Terzic
Miran Mick Terzic
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$259,000
Sold Price
$230,000
Premium/Discount to List
-$29,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$176,800
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2013
Sold by
Andersen Palle D and Andersen Tove R
Bought by
Terzic Vanja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 2003
Sold by
Boyer Michael and Boyer Diane
Bought by
Andersen Palle D and Andersen Tove R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2000
Sold by
Elaine Woodard B
Bought by
Boyer Michael and Boyer Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1995
Sold by
Woodard B Elaine
Bought by
Woodard B Elaine
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 $330,000 First American Title
Grant Deed $230,000 Wfg Title Company Of Califor
Grant Deed $135,000 Equity Title
Grant Deed $171,500 First American Title Co
Grant Deed $123,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,000 New Conventional
Previous Owner $183,000 New Conventional
Previous Owner $176,800 New Conventional
Previous Owner $120,000 Seller Take Back
Previous Owner $103,000 New Conventional
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $146,747 Unknown
Previous Owner $30,000 Unknown
Previous Owner $116,500 Purchase Money Mortgage
Previous Owner $71,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 Rented $2,750 0.0% --
05/06/2025 05/06/25 Price Changed $2,750 -8.2% $2 / Sq Ft
05/02/2025 05/02/25 Price Changed $2,995 -4.9% $2 / Sq Ft
04/27/2025 04/27/25 Price Changed $3,150 -3.1% $2 / Sq Ft
04/04/2025 04/04/25 Price Changed $3,250 -7.1% $2 / Sq Ft
03/26/2025 03/26/25 Price Changed $3,500 -6.7% $3 / Sq Ft
03/14/2025 03/14/25 For Rent $3,750 0.0% --
01/31/2024 01/31/24 Sold $330,000 -12.9% $245 / Sq Ft
01/17/2024 01/17/24 Price Changed $379,000 -5.0% $281 / Sq Ft
12/04/2023 12/04/23 Price Changed $399,000 -2.4% $296 / Sq Ft
11/29/2023 11/29/23 For Sale $409,000 0.0% $303 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/20/2023 11/20/23 Price Changed $409,000 -2.4% $303 / Sq Ft
10/27/2023 10/27/23 Price Changed $419,000 -3.7% $311 / Sq Ft
10/15/2023 10/15/23 For Sale $434,900 +89.1% $323 / Sq Ft
12/24/2018 12/24/18 Sold $230,000 -11.2% $171 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
09/01/2018 09/01/18 For Sale $259,000 -- $192 / Sq Ft
Source: Palm Springs Regional 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 $3,520 $336,600 $38,250 $298,350
2023 $3,520 $246,602 $80,413 $166,189
2022 $3,271 $241,768 $78,837 $162,931
2021 $3,190 $237,029 $77,292 $159,737
2020 $3,135 $234,600 $76,500 $158,100
2019 $3,164 $230,000 $75,000 $155,000
2018 $2,138 $145,440 $36,629 $108,811
2017 $2,100 $142,589 $35,911 $106,678
2016 $2,055 $139,794 $35,207 $104,587
2015 $2,061 $137,696 $34,679 $103,017
2014 $2,032 $135,000 $34,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-381486PS

APN: 652-210-023