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$499,000   Price Analysis
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48600 Oakwood Way
Palm Desert, CA 92260
2 bed 2 bath 1,428 SqFt ($349/SqFt)
2,614SqFt lot. Built 1978
Listed 2024-04-26, HOA $525, Taxes $3,870
Ⓧ USDA Ineligible
due to location

near Palm Desert

This one-of-a-kind 2 bedroom

* Has Contingent Offer *

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 roomy which makes it perfect for entertaining guests. This condo also has a private patio that opens up to a pleasing grass area that is maintained by the HOA. In addition, this proprty has an attached car gar age. 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.


Presented by Alex Jay at
RE/MAX Desert Properties.
Listing Agent Photo

Property MLS #219110630 from PalmDesert

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Air Conditioning, Central Air, Electric
Heating Features: Central
Heating: Yes

Flooring: Tile

Pool Features: Fenced, In Ground, Community
Pool Private: Yes
Spa Features: Community, Fenced, In Ground
Spa: Yes

Lot Size Acres: 0.06
Lot Size Square Feet: 2614

Garage Spaces: 2
Parking Features: On Street, Unassigned
Parking Total: 2

View: Park/Green Belt

Association: Yes
Association Amenities: Maintenance Grounds, Pet Rules, Sport Court, Tennis Court(s)
Association Fee: 525
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 525

Source Listing Status: Active Under Contract
County: Riverside
Source Property Type: Residential
Area: 323 - Palm Desert South
Property Subtype: condo
Source Neighborhood: Sommerset South Palm Desert
Postal Code Plus 4: 6265
Subdivision: Sommerset South Palm Desert
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$252,450 + $38,250
$290,700
$3,870
2021$247,500 + $37,500
$285,000
$3,777
2020$198,172 + $66,414
$264,586
$3,583
2019$192,400 + $64,480
$256,880
$3,490
2018$185,000 + $62,000
$247,000
$3,370
2017$161,000 + $54,000
$215,000
$2,977
2016$156,000 + $52,000
$208,000
$2,878
2015$169,000 + $56,000
$225,000
$3,134
2014$156,000 + $52,000
$208,000
$2,932
2013$149,000 + $49,000
$198,000
$2,801
2012$120,000 + $40,000
$160,000
$2,303
2010$117,000 + $39,000
$156,000
$2,354
2009$178,000 + $59,000
$237,000
$3,112
2009$124,000 + $41,000
$165,000
$3,112
2008$203,490 + $67,830
$271,320
$3,443
2007$175,000 + $85,000
$260,000
$3,296

Listed 2024-04-26
$499,000
PalmDesert
Sold 2020-10-05
$285,000
PalmDesert
Sold 2007-04-12
$266,000
Public Record
Sold 2005-08-22
$340,000
Public Record
Sold 2003-06-19
$189,000
Public Record
Sold 2001-10-09
$165,000
Public Record
Sold 2000-08-30
$115,000
Public Record
Sold 1998-07-06
$95,000
Public Record
Sold 1987-04-27
$80,000
Public Record

Total Square Feet Living: 1428
Year Built: 1978
Building Area Total: 1428
Levels: Ground
Property Age: 46
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Assessor

Sewer: In, Connected and Paid

George Washington Charter School is a public elementary school located approximately 2.2 miles away.
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Palm Desert High School is a public high school located approximately 3.5 miles away.
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La Quinta Middle School is a public middle school located approximately 6.6 miles away.
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The Academy Of Palm Desert Community Presbyterian Church is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.