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$865,000

Beds
3
Baths
2.0
sq ft
1,806

48 Oak Tree Dr, Rancho Mirage, CA 92270

48 Oak Tree Dr

Rancho Mirage, CA 92270

  • 30 days on market
    • Price drop $132,000↓
ABSOLUTELY STUNNING!The developer's highly sought after LARGE PRIME POOL lot for this model is finally available. One of the largest lots for this model in the Mission Hills East development is finally on the market. RALPH LAUREN INSPIRED DESIGNER FINISHES! Life is great at 48 Oak Tree. Seldom does a large pool lot sized, estate-style home of this quality and model come on the market in this price range. The moment you are invited behind the private gates of this resort and spa-inspired property, you instantly know you are someplace special. Bring all the family and friends to enjoy the multiple outdoor vignettes that make this a one-of-a-kind, personal, oversized getaway retreat. Lounge behind the gates of your private getaway, surrounded by the relaxing water fountains and the vibrant bougainvillea garden, while watching out-door movies on the big screen (movie screen & projector not included). Or show off your culinary skills at your top-of-the-line island BBQ and entertainer’s bar, with abundant seating, while letting friends and family splash and enjoy your heated sparkling pool, with three resort-inspired water falls. Did someone say private mini putting green practice course for the golfer in all of us? “Life is great at 48 Oak Tree!” After a long day, why not relax with friends under the Palm Springs stars, creating great memories around your own custom, stepdown firepit circle with room for 10 to enjoy. What if you could have beautiful upgraded golf course resort living, and at the exact same time – thanks to your private large, over-sized corner lot – enjoy the wonderful views and privacy you and your family deserve? From excellent Viking appliances to upgraded quality custom appointments throughout, “Life is great at 48 Oak Tree! Welcome Home.”

Details

Property type

Condominium

Est. home value

$739,467

Property condition

Updated/Remodeled

Lot size

8,276 sq ft

Price per sq ft

$479

Year built

1987

Monthly HOA fee

$800

Price History

11/23/2024
CRMLS

CRMLS #OC24238558

Listed
$865,000
+11.61%
05/03/2023
CLAW

CLAW #23255161

Sold
$775,000
+80.65%
12/08/2014
DesertArea

DesertArea #14803337

Sold
$429,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Rancho Mirage

Community features: 

Gated, Curbs, Sidewalks

High school district: 

Palm Springs Unified

Number of units in community: 

370

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$305,767
Asking price
$865,000
Closing costs (~8% of asking)
-$69,200
Est. remaining loan balance
-$490,033
Cash to seller
$305,767

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

April 2023

Original loan amount

$499,875

Est. remaining balance

$490,033

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

John Dinan and Mike Sonny Stevins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 10:50 PM

Listing updated: 12/21/2024 at 4:50 PM

Listed by: Shelly Reyland, Re/Max Coastal Homes Phone #: (949) 276-2992

MLS: CRMLS #OC24238558

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