See Home Value
Riverside 92260
48805 Verbena Road
Listed by: Anthony Halton, Halton Pardee & Partners, Inc.
$500,000
● House - Off Market

48805 Verbena Road

Palm Desert, CA 92260
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,152 Ft²
$876,849
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

This one-of-a-kind property is located at the top of Cahuilla Hills, 1.63 acres, with panoramic views overlooking valley lights, surrounding mountains, Bighorn CC & Stone Eagle Golf Course. Fenced, gated, efficient low water drip system covers the entire property tending to lush foliage of every variety. Complete privacy and less than 10 minute drive to El Paseo. Completely renovated 2BR/2BA mid century style home offers slate flooring, new kitchen and baths, marble countertops w/ stainless appliances. Master bedroom features walk-in closet, bonus room suitable for home office along with screened porch to enjoy views. Detached 2-car garage, completely finished with skylights as it was used as an art studio by previous owners. New septic tank, engineered for future home expansion. Full RV hook up for additional guest quarters. Zoned horse property. A rare gem with endless possibilities and ready to be enjoyed immediately.
Unit Size
1,152 Ft²
Days on Market
170 days
Land Size
1.63 acres
Price per sqft
$442
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

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Last updated: 3 years ago (CRMLS #215032876DA)

Price History

Date / Event Date Event Price
Apr 21, 2016 Sold
Sold
Oct 26, 2015 Listed by Halton Pardee & Partners, Inc. $509,000
Listed by Halton Pardee & Partners, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 1,698
  • Gross Building Area: 1,698
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: 1.63 ACRES M/L IN POR PAR 1 PM 199/019 PM 29514

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045124

Zoning

  • Zoning: R11

Geography

  • Assessors Map Reference: 29514
  • Parcel: 628-330-046
  • Lot: 1
  • Municipality: DESERT SANDS
  • Latitude: 33.6976
  • Longitude: -116.417

    Address

  • Full Address: 48805 Verbena Rd
  • Address - House Number: 48805
  • Address - Street Name: Verbena
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C030
  • 4-Digit Zip Code: 6393
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2023
  • Tax Amount: $883,804
  • Tax Rate Code Area: 075-149

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 968,328
  • High Value: 1,134,543
  • Low Value: 802,114

    Market Valuation

  • Market Total Value: $677,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $719,767
  • Assessed Land Value: $352,725
  • Assessed Improvements Value: $367,042

    Sales

  • Current Sale Contract Date: Mar 26, 2016
  • Current Sale Recording Date: Apr 21, 2016
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2016-0157559
  • Previous Sale Recording Date: Apr 02, 2015
  • Previous Sale Contract Date: Mar 06, 2015
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Riverside


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Nearby Rentals

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Unit for rent at 72996 Bursera Way, PALM DESERT, CA, 92260

$5,000 /mo

  • 3 Beds
  • 1 Bath
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Frequently Asked Questions

When was property at 48805 Verbena Road built and last sold?
The property at 48805 Verbena Road was built in 1975 and last sold on Mar 26, 2016 for $500,000.
How much is this home worth?
The estimated value of the home located at 48805 Verbena Road is $507,084.
What are some comparable homes to 48805 Verbena Road?
There are currently no comparable homes to 48805 Verbena Road.