NOT LISTED FOR SALE

40 Paseo Montecillo Palm Desert, CA 92260

Estimated Value: $739,000 - $1,019,000

5 Beds
3.5 Baths
2,814 Sq Ft
$317/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $395,000 $140 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,523/month

54 Days on Market

Highlights

  • Outdoor Pool
  • Primary Bedroom Suite
  • Attached Garage
  • Palm Desert High School Rated A
  • Gated Community
  • Wet Bar

About This Home

As of December 2012

The Palmira gated community is in one of the better locations in the Valley. Just minutes from El Paseo, Palm Desert Mall , The River, The Living Desert and great schools. Enter this beautiful 5 bedroom newer home via a gated entrance, through a sunlit courtyard, complete with pool and spa. Large family room/kitchen with granite. Spacious living and dining areas with bar. Large master with walk-in closet. Three car garage. A separate casita is located in the pool/spa courtyard area. Enclosed backyard with large covered patio. Minimum one year lease required.

Last Agent to Sell the Property

Colin Campbell

First Team Real Estate License #01230922 Listed on: 10/26/2012

Last Buyer's Agent

Colin Campbell

License #01230922

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,942

Year Built

  • Built in 2000

Lot Details

  • 8,276 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Sprinkler System

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,814 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • Outdoor Pool
  • Spa

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 624380073

Community Details

Overview

  • Association fees include cable TV
  • Palmira Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,942

Year Built

Built in 2000

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: Palmira
  • List Price per Sq Ft: 148.90
  • Lp Sp Ratio: 0.9427
  • Water District Name: Coachella VAlley Water Distric
  • Year Built: 2000
  • Listing I D: 21464322
  • Listing Office Address: 160 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4465
  • Selling Office Address: 74855 Country Club Dr., Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9970
  • Land Type: Fee
  • Subdivision: Palmira
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Wet Bar
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2814.00

Exterior Features

  • Other Features: Slab
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • Cooling Type: Central Air, Electric, Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA Information: Yes
  • HOA Fee 1: 130.00
  • Total Monthly Association Fees: 130.00

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624380073
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Aberman Evan Michael
Bought by
Aberman Living Trust and Aberman
Total Days on Market
54
Current Estimated Value
$891,559

Purchase Details

Closed on
Apr 18, 2022
Sold by
Michael Aberman Evan and Michael Tanya M
Bought by
Aberman Evan Michael

Purchase Details

Closed on
Apr 17, 2015
Sold by
Iglehart Robert L and Iglehart Deborah A
Bought by
Aberman Evan Michael and Roza Aberman Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 7, 2012
Sold by
Jarratt Melinda Gay
Bought by
Iglehart Robert L and Iglehart Deborah A
Seller's Agent
Colin Campbell
First Team Real Estate
Buyer's Agent
Colin Campbell
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$276,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Franklin James A
Bought by
Franklin James A and James A Franklin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Franklin James A
Bought by
Franklin James A and James A Franklin Trust

Purchase Details

Closed on
Apr 24, 2000
Sold by
Desert Resort Communities Inc
Bought by
Franklin James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.67%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aberman Living Trust -- None Listed On Document
Aberman Living Trust -- None Listed On Document
Aberman Evan Michael -- None Listed On Document
Aberman Evan Michael $500,000 Fnt
Iglehart Robert L $395,000 Western Resources Title
Franklin James A -- Alliance Title Company
Franklin James A -- --
Franklin James A $344,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aberman Evan Michael $550,000
Previous Owner Aberman Evan Michael $400,000
Previous Owner Iglehart Robert L $276,500
Previous Owner Franklin James A $328,500
Previous Owner Franklin James A $50,000
Previous Owner Franklin James A $300,000
Previous Owner Franklin James A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Rented $2,750 -14.1% --
09/25/2013 09/25/13 Under Contract -- -- --
06/28/2013 06/28/13 For Rent $3,200 0.0% --
12/20/2012 12/20/12 Sold $395,000 -5.7% $140 / Sq Ft
10/26/2012 10/26/12 For Sale $419,000 -- $149 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,942 $577,582 $144,394 $433,188
2022 $7,518 $566,258 $141,563 $424,695
2021 $7,354 $555,156 $138,788 $416,368
2020 $7,224 $549,464 $137,365 $412,099
2019 $7,072 $538,691 $134,672 $404,019
2018 $6,942 $528,130 $132,032 $396,098
2017 $6,801 $517,776 $129,444 $388,332
2016 $6,636 $507,624 $126,906 $380,718
2015 $5,511 $404,719 $81,968 $322,751
2014 $5,263 $396,793 $80,363 $316,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21464322

California Desert Association of REALTORS®

APN: 624-380-073