3 months on rocket

Backup Offers

48265 Racquet Ln, Palm Desert, CA, 92260

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
2 Full Baths
1,637 SqFt
$305/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

48265 Racquet Ln, Palm Desert$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned
Garage1 space
Year Built1973
HeatingForced Air
FireplaceGas, Living Room
ViewMountain(s)
Private PoolYes
MLS #219115116DA
Lot Size0.06 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 48265 Racquet Ln

Contemporary luxury! South Palm Desert! Mountain Views! Single-level, Three bedrooms, Two Baths! Located in the hills of South Palm Desert, this intimate 100-unit gated community offers the best of active lifestyles. Featuring three bedrooms, two baths, spacious single-level home in a park-like setting surrounded by breathtaking mountain views. This home has been beautifully remodeled kitchen with upgraded lighting all-popular great room opens onto a spacious living area that includes an enclosed sitting area with spectacular views of the west facing Mountain. The over-sized master bedroom suite has a walk-in closet, additional area for relaxing, with an attached master bathroom. The kitchen is a chef's delight with stainless appliances, updated countertops, a large peninsula for enhanced entertainment and plenty of cabinet storage. Palm Desert Tennis Club is an socially active community featuring eight lighted tennis courts, four pickleball courts, a squash court, bocce ball courts, a main 60-ft heated lap pool, a pool/spa per 20-home cluster, comprehensive tennis, an on-site tennis professional, and a fitness center - all included in HOA dues. Call today to view this exceptional home in south Palm Desert.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Stories: 1
  • Living Area: 1,637 SqFt

Listing Office:

  • Office Name: Desert Sotheby's International Realty
  • Office Phone: (760) 797-8000
  • Listing Agent: Phyllis Cyphers and Assoc...

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s)
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Close to Clubhouse, Landscaped
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Hwy 74 take a left on Mesa View go to front gate for access do not use GPS takes to wrong gate Cross Street: mesa view and racquet lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $305/SqFt

HOA Fees:

  • Amount: $1094
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,610
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Palm Desert, CA

City

Med. Sold Price

$578.9K

Med. Price/SqFt

$336

Avg. Days On Market

56

# of Sold Homes

102

48265 Racquet Ln vs Palm Desert

101 DAYS ON ROCKET

+45 Days

$499,000

-$79.9K Less

$305/SqFt

-$32 Less

KEY TAKEAWAY

This property is $79.9K less than the Median Sold Price and $32/SqFt less 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: #219115116DA

Listing Office:

  • Office Name: Desert Sotheby's International Realty
  • Office Phone: (760) 797-8000
  • Listing Agent: Phyllis Cyphers and Assoc...

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: 11/17/2024, 11:20:51 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

Nov 08, 2006Home Sold
$380,000
Mar 26, 1999Home Sold
$160,000
Feb 24, 1999Home Sold
$23,000
May 05, 1998Home Sold
$675,000
Apr 18, 1995Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,610$293,401
2020$3,609$266,729
2018$3,394$249,000
2017$3,517$233,000

History based on county public records data.

Payment Calculator

$3,652

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-463169
7
/10

  • George Washington Charter School

  • 45768 Portola Ave

  • 1.70 miles

  • Public Charter Grades KG-5

school-card-donut-463170
6
/10

  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 2.78 miles

  • Public District Grades KG-5

school-card-donut-463171
7
/10

  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 3.44 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 $112,942. Typical income of Palm Desert, CA residents is between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48265 Racquet Ln

What is the listing price of this property?

The listing price of 48265 Racquet Ln property is $499,000.

What type of property is this?

The property 48265 Racquet Ln is a condo located in Palm Desert, California, 92260.

Is this property for sale now?

Accepting Backup Offers: 48265 Racquet Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,610 (source: MLS/based on county public records data).

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

The last sale was on November 8, 2006 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 48265 Racquet Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 48265 Racquet Ln is 1,637 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48265 Racquet Ln is 1973.

Rocket Homes›California›Riverside County›Palm Desert›92260›48265 Racquet Ln

This home is located at 48265 Racquet Ln in Palm Desert, CA and zip code 92260. This 1,637 square foot home, which was built in 1973, sits on a 0.06 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $499,000.

In October 2024 more than 14 listings in Palm Desert, CA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 63 were sold below. In October 2024 in Palm Desert, CA there were 23.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 56 days, the median list price was $578,927.

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

More Resources