NOT LISTED FOR SALE

48959 Sunny Summit Ln Palm Desert, CA 92260

Estimated Value: $453,000 - $539,000

2 Beds
2 Baths
1,184 Sq Ft
$460/mo HOA Fee

Last Sold February 29, 2012

Last sale price $157,000 $133 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $3,513/month

109 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Mountain View
  • Palm Desert High School Rated A
  • Gated Community
  • Great Room with Fireplace

About This Home

As of February 2012

-Short Sale- Very clean and well maintained 2BR/2BA condo in the gated community of Indian Hills, tucked just below Bighorn CC in South Palm Desert. Granite tile kitchen with stainless appliances, Vaulted ceilings, pretty fireplace, plantation shutters and wet-bar in great room, neutral tile throughout except for bedrooms which boast pretty wood laminate floors. South facing back patio.

Last Agent to Sell the Property

Susie Elise Moore

Bennion Deville Homes License #00624357 Listed on: 10/06/2011

Last Buyer's Agent

Barry Winchester

Ford Properties License #00899331

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,961

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • North Facing Home

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Foam Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Great Room with Fireplace
  • Mountain Views
  • Breakfast Bar

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Pool

  • Spa
  • Outdoor Pool

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652222012

Community Details

Overview

  • Association fees include insurance, trash
  • Indian Hills 880 Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,961

Year Built

Built in 1978

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Indian Hills
  • List Price per Sq Ft: 177.36
  • Lp Sp Ratio: 0.7476
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1978
  • Listing I D: 21438417
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 340-9829
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Office Address: PO Box 3449, Palm Desert, CA 92261
  • Selling Office Fax: (760) 346-4153
  • Land Type: Fee
  • Subdivision: Indian Hills-880
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Wet Bar
  • Flooring: Ceramic Tile, Laminate
  • Bedroom Features: Master Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Estimated Sq Ft: 1184.00

Exterior Features

  • Roofing: Foam
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees Include: Insurance, Trash
  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 460.00
  • Total Monthly Association Fees: 460.00
  • Unit Location: Ground Floor

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 652222012
  • Lot Acres: 0.0500
  • Lot Location: Cul-De-Sac
  • Lot Size: 2178.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Gerstein Judith P and Ralston Donald G
Bought by
Gerstein Judith and The Judith Gerstein Declaratio
Total Days on Market
109
Current Estimated Value
$487,035

Purchase Details

Listed on
Oct 6, 2011
Closed on
Jan 25, 2012
Sold by
Antonuccio Charles P and Antonuccio Lamar H
Bought by
Gerstein Judith P and Ralston Donald G
Seller's Agent
Susie Elise Moore
Bennion Deville Homes
Buyer's Agent
Barry Winchester
Ford Properties
List Price
$210,000
Sold Price
$157,000
Premium/Discount to List
-$53,000
-25.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Jul 5, 2005
Sold by
Peterson L G and Peterson Joan C
Bought by
Antonuccio Charles P and Antonuccio Lamar H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2004
Sold by
Brown Robert David
Bought by
Brown Donna Virginia

Purchase Details

Closed on
Jul 29, 2004
Sold by
Brown Donna Virginia
Bought by
Peterson L G and Peterson Joan C

Purchase Details

Closed on
May 23, 2003
Sold by
Haggerty Donald
Bought by
Brown Donna Virginia
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 Buyer Sale Price Title Company
Gerstein Judith -- None Available
Gerstein Judith P $157,000 Orange Coast Title Company
Antonuccio Charles P $332,000 Orange Coast Title Co
Brown Donna Virginia -- First American Title Co
Peterson L G $250,000 First American Title Co
Brown Donna Virginia -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antonuccio Charles P $265,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2012 02/29/12 Sold $157,000 -25.2% $133 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $210,000 -- $177 / 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
2023 $3,961 $280,912 $96,914 $183,998
2022 $3,768 $275,405 $95,014 $180,391
2021 $2,604 $182,173 $63,758 $118,415
2020 $2,561 $180,306 $63,105 $117,201
2019 $2,518 $176,771 $61,868 $114,903
2018 $2,476 $173,305 $60,656 $112,649
2017 $2,431 $169,908 $59,467 $110,441
2016 $2,378 $166,577 $58,301 $108,276
2015 $2,385 $164,076 $57,426 $106,650
2014 $2,351 $160,864 $56,302 $104,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21438417

California Desert Association of REALTORS®

APN: 652-222-012