10 days on rocket

48600 Oakwood Way, Palm Desert, CA, 92260

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,428 SqFt
$349/SqFt
Condo
Schools Nearby

Location

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48600 Oakwood Way, Palm Desert$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street, Unassigned
Attached Garage2 spaces
Year Built1978
HeatingCentral
CoolingCentral Air, Electric
ViewPark
Private PoolYes
MLS #219110630DA
Lot Size0.06 Acres
StatusActive

About 48600 Oakwood Way

This one-of-a-kind 2 bedroom, 2 bathroom condo in the heart of South Palm Desert in the Sommerset community features a gorgeously REMODELED kitchen that highlights the quartz countertops, custom-made cabinets, center island with a seating area, top-of-the-line black slate finish appliances, and recessed lighting. The sellers went all out in creating this magnificent kitchen including a wine fridge with 40 bottle capacity. The layout of this home has natural lighting and is spacious which makes it perfect for entertaining guests. This condo also has a private patio that opens up to a beautiful grass area that is maintained by the HOA. In addition, this property has an attached car garage. This condo is within ideal walking distance to one of the many pools, tennis courts, and pickleball courts for a convenient and perfect way to relax. Not to mention, the gorgeous mountain views that highlight the perfect desert getaway and even feature hiking trails,also within walking distance. This condo located near luscious El Paseo shops, restaurants, boutiques, and galleries will make you feel like a star! All that is missing is for you to claim it as your own! Whether it's a vacation home, investment, or full-time, you will always enjoy the desert in style.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 1
  • Living Area: 1,428 SqFt

Listing Office:

  • Office Name: RE/MAX Desert Properties
  • Office Phone: (760) 203-1133
  • Listing Agent: Alex Jay

Interior Features

Interior Information:

  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Park

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: On Street, Unassigned

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Please follow a GPS Cross Street: Hyw 74.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $349/SqFt

HOA Fees:

  • Amount: $525
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,584
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

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Palm Desert, CA

City

Med. Sold Price

$571.9K

Med. Price/SqFt

$337

Avg. Days On Market

56

# of Sold Homes

162

48600 Oakwood Way vs Palm Desert

10 DAYS ON ROCKET

-46 Days

$499,000

-$72.9K Less

$349/SqFt

+$12 More

KEY TAKEAWAY

This property is $72.9K less than the Median Sold Price and $12/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219110630DA

Listing Office:

  • Office Name: RE/MAX Desert Properties
  • Office Phone: (760) 203-1133
  • Listing Agent: Alex Jay

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 12, 2007Home Sold
$266,000
Aug 22, 2005Home Sold
$340,000
Jun 19, 2003Home Sold
$189,000
Oct 09, 2001Home Sold
$165,000
Aug 30, 2000Home Sold
$115,000
Jul 06, 1998Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,584$285,000
2020$3,583$264,586
2018$3,370$247,000
2017$2,878$215,000

History based on county public records data.

Payment Calculator

$3,083

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7363285
8
/10

  • George Washington Charter

  • 45768 Portola Ave

  • 2.15 miles

  • Public Charter Grades KG-5

school-card-donut-7363286
4
/10

  • Abraham Lincoln Elementary School

  • 74100 Rutledge Way

  • 3.05 miles

  • Public District Grades KG-5

school-card-donut-7363287
6
/10

  • Rancho Mirage Elementary School

  • 42985 Indian Trail Rd

  • 3.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,760. Typical income of Palm Desert, CA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48600 Oakwood Way

What is the listing price of this property?

The listing price of 48600 Oakwood Way property is $499,000.

What type of property is this?

The property 48600 Oakwood Way is a condo located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 48600 Oakwood Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,584 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 12, 2007 for $266,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 48600 Oakwood Way has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48600 Oakwood Way is 1,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48600 Oakwood Way is 1978.

Rocket Homes›California›Riverside County›Palm Desert›92260›48600 Oakwood Way

This home is located at 48600 Oakwood Way in Palm Desert, CA and zip code 92260. This 1,428 square foot home, which was built in 1978, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $499,000.

In April 2024 more than 20 listings in Palm Desert, CA were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 105 were sold below. In April 2024 in Palm Desert, CA there were 2.2% more homes for sale than in March 2024. In April 2024 median list price was $571,935 and the average listing age was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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