NOT LISTED FOR SALE

40365 Sagewood Dr Palm Desert, CA 92260

Estimated Value: $561,000 - $660,000

4 Beds
3 Baths
2,155 Sq Ft
$287/Sq Ft Est. Value

About This Home

This home is located at 40365 Sagewood Dr, Palm Desert, CA 92260 and is currently estimated at $619,442, approximately $287 per square foot. 40365 Sagewood Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2009
Sold by
Federal National Mortgage Association
Bought by
Alem Mulunesh
Current Estimated Value
$619,442

Purchase Details

Closed on
May 13, 2009
Sold by
Bowen Scott J and Barra Micaela P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 8, 2006
Sold by
Bowen Scott J
Bought by
Bowen Scott J and Barra Micaela P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lotwala Bhupendra T and Lotwala Harshada B
Bought by
Bowen Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,600
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2001
Sold by
Lotwala Bhupendra T and Lotwala Harshada B
Bought by
Lotwala Bhupendra T and Lotwala Harshada B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 1999
Sold by
Lotwala Bhupendra T and Lotwala Harshada B
Bought by
Lotwala Bhupendra T and Lotwala Harshada B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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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
Alem Mulunesh $187,000 Multiple
Federal National Mortgage Association $400,328 Landsafe Title
Bowen Scott J -- Landsafe Title & Escrow
Bowen Scott J $417,000 First American Title Company
Lotwala Bhupendra T -- Fidelity National Title Ins
Lotwala Bhupendra T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Scott J $360,000
Previous Owner Bowen Scott J $333,600
Previous Owner Lotwala Bhupendra T $135,000
Previous Owner Lotwala Bhupendra T $95,000
Source: Public Records

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
2025 $3,469 $241,366 $60,337 $181,029
2023 $3,469 $231,995 $57,995 $174,000
2022 $3,220 $227,447 $56,858 $170,589
2021 $3,120 $222,989 $55,744 $167,245
2020 $3,068 $220,704 $55,173 $165,531
2019 $3,013 $216,378 $54,092 $162,286
2018 $2,960 $212,136 $53,032 $159,104
2017 $2,900 $207,978 $51,993 $155,985
2016 $2,832 $203,901 $50,974 $152,927
2015 $2,832 $200,840 $50,209 $150,631
2014 $2,712 $196,907 $49,226 $147,681
Source: Public Records

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