48600 Oakwood Way, Palm Desert, CA 92260
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48600 Oakwood Way Palm Desert, CA 92260

$499,000
  • 2 Beds
  • 2 Baths
  • 1,428 Sq.Ft.
For Sale
$499,000 Get Pre-Qualified

Map preview of 48600 Oakwood Way, Palm Desert, CA 92260

Property Overview: 48600 Oakwood Way Palm Desert, CA has 2 bedrooms, 2 bathrooms, 1,428 living square feet and 2,613 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Alex Jay | BRE #01184501 | RE/MAX Desert Properties
Last checked: 15 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
2,613
HOA Dues
$525/mo
Year built
1978
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
219110630DA
City
Palm Desert
County
Riverside
Time on Site
10 days

Open Houses for 48600 Oakwood Way

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Property Details for 48600 Oakwood Way

Interior Features
Cooling Information
  • Has Cooling
  • Electric, Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Tile
  • Entry
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: Community, In Ground
Exterior Features
  • Has Pool
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Street, Unassigned
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Park/Greenbelt
  • Parcel Number: 652180001
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: Refrigerator, Microwave, Stove, Wine Cooler, Dishwasher and Dryer.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $525 (Monthly)
  • Association Amenities: Maintenance Grounds, Tennis Court(s), Sport Court, Pet Rules, Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Sommerset So. Palm D
  • Directions: Please follow a GPS Cross Street: Hyw 74.
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Sale History for 48600 Oakwood Way

Last sold for $285,000 on October 5th, 2020
  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 219110630DA

    $499,000

    Price

  • October, 2020

  • Oct 6, 2020

    Date

    Sold

    CRMLS: 219044818DA

    $285,000

    Price

  • Oct 2, 2020

    Date

    Pending

    CRMLS: 219044818DA

    $299,000

    Price

  • Sep 16, 2020

    Date

    Active Under Contract

    CRMLS: 219044818DA

    $299,000

    Price

  • Sep 15, 2020

    Date

    Active

    CRMLS: 219044818DA

    $299,000

    Price

  • Sep 5, 2020

    Date

    Active Under Contract

    CRMLS: 219044818DA

    $299,000

    Price

  • Jun 21, 2020

    Date

    Active

    CRMLS: 219044818DA

    $299,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Sommerset South Palm Desert! This is a non-gated community nestled up against the mountains with hiking trails only footsteps away. This two bedroom/two bathroom end unit has had quite a few upgrades, including a brand new AC unit installed only a couple years ago. Other bonuses are California Closet systems in the master closets, remodeled shower in the master, new wood-like plank flooring in both bedrooms, an updated kitchen, new patio sliders and an extended west facing back patio with a somewhat private yard! Being an end unit this condo gets plenty of natural light and with the additional south patio, you can enjoy even more outdoor living. Sommerset is just under two miles from the famous El Paseo which is home to world class shopping and dining. This property is a great opportunity for either a full-time desert dweller or as a seasonal get-a-way!

  • April, 2007

  • Apr 12, 2007

    Date

    Sold (Public Records)

    Public Records

    $266,000

    Price

  • December, 2006

  • Dec 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $254,612

    Price

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Tax History for 48600 Oakwood Way

Assessed Value (2020): $264,586
Year Land Value Improved Value Assessed Value
2020 $66,414 $198,172 $264,586

Home Value Compared to the Market

This property vs the competition

48600 Oakwood Way is listed 20.67% lower than the median list price for the city of Palm Desert which has a median list price of $629,000. The median price per/sqft for Palm Desert is $349 and this home is listed at $349.44 per/sqft which puts the price per square foot 0.13% higher than the median price per square foot for the city of Palm Desert.

About 48600 Oakwood Way

Detailed summary of property

48600 Oakwood Way is a condominium located in Palm Desert, CA 92260 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 1,428 living square feet, and sits on an approximately 2,613 square foot lot. 48600 Oakwood Way was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $499,000. The median priced home in Palm Desert is $629,000 with a median price per square foot of $349. Based on Ardent Real Estate Group's Palm Desert Market Data, this home is listed 20.67% lower than the median priced home. Local competing homes currently for sale include 5372 Elm, 6577 Monte Vista Dr and 1445 Pumalo St. This home does have a Homeowners Association and the monthly fee is $525 per month. While the average home in Palm Desert, CA is selling in 78 days, 48600 Oakwood Way has a days on market of 9 days. There are currently 773 homes for sale in the Palm Desert real estate market and 432 of them are single family homes while 338 of them are condos and 3 are townhomes. For more information on this home for sale at 48600 Oakwood Way Palm Desert, CA 92260 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Desert agents.

Public Facts for 48600 Oakwood Way

Public county record property details
Beds
2
Baths
2
Year built
1978
Sq. Ft.
1,428
Lot Size
2,613
Stories
1
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
652-180-001

The source for these homes facts are from public records.

92260 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$738,000
Median List Price/Sq.Ft.
$389
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$368
Total Inventory
325
Median Sale to List Price %
96.3%
Avg Days on Market
56
Loan Type
Conventional (21.21%), FHA (1.52%), VA (1.52%), Cash (46.97%), Other (7.58%)

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Related Resources to 48600 Oakwood Way

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.