NOT LISTED FOR SALE

40 Paseo Montecillo Palm Desert, CA 92260

Estimated Value: $810,000 - $971,000

5 Beds
4 Baths
2,814 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2012

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

Est. 125% increase in value since last sale

Current estimated payment $5,457 / mo

About This Home

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.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Bought by
Current Estimated Value
$889,544

Purchase Details

Closed on
Apr 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2015
Sold by
Bought by

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
Bought by
Seller's Agent
Colin Campbell
First Team Real Estate
Buyer's Agent
Colin Campbell
First Team Real Estate
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
6.19%
Original Mortgage
$276,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Apr 24, 2000
Sold by
Bought by

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$500,000 Fnt
$395,000 Western Resources Title
-- Alliance Title Company
-- --
$344,500 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $400,000
Previous Owner $276,500
Previous Owner $328,500
Previous Owner $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
10/26/2012 10/26/12 For Sale $419,000 -- $149 / Sq Ft

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,942 $600,914 $150,226 $450,688
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

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