NOT LISTED FOR SALE

40487 Preston Trail Unit 14-11 Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $347,000 - $381,000

2 Beds
2 Baths
1,065 Sq Ft
$501/mo HOA Fee

Last Sold February 06, 2017

Last sale price $192,000 $180 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,750/month

107 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of February 2017

Don't miss this opportunity! Here's the perfect second home or investment property with potential seasonal rental income for March 2017 already in place. This Pebble Beach Model with 2 bedrooms and 2 baths has been completely REMODELED and features DOUBLE PANE energy efficient windows & sliders, GRANITE, new cabinetry, stainless steel appliances & TRAVERTINE flooring throughout the home. Beautifully decorated and offered completely FURNISHED! Great golf course location and close to the nearest pool/spa. Palm Desert Resort Country Club is a Scenic Development Perfect for Walking, Bike rides or just Relaxing Poolside and offers an 18 hole Championship redesigned golf course, 20 Community pools and spas and 14 Lighted and Refurbished tennis courts including a Tennis Pro Shop and Snack Bar. Low monthly HOA's include exterior maintenance and roofs, landscaping, pools, trash pick-up, cable TV, 24-hour Guard Gated Community and you own the land.

Last Agent to Sell the Property

Christina Jacobson

Coldwell Banker Residential Brokerage Listed on: 09/17/2016

Last Buyer's Agent

Sheri Dettman

Equity Union License #01753976

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1983

Lot Details

  • On Golf Course
  • End Unit

HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Travertine

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Recirculated Exhaust Fan
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • 3 Car Parking Spaces

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 632131014

Community Details

Overview

  • Association fees include cable TV, clubhouse, insurance, security, trash
  • Palm Desert Resort Country Club Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,127

Year Built

Built in 1983

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground, Ground Level, No Unit Above, One
  • Builders Tract Code: Palm Desert Resort C
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Furnished per inventory.
  • List Price per Sq Ft: 186.85
  • Lp Sp Ratio: 0.9648
  • View Type: Golf Course, Mountain(s)
  • Year Built: 1983
  • Listing I D: 216026606
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 47100 Washington St., Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Freezer, Refrigerator, Washer
  • Interior Amenities: High Ceilings (9 Ft+)
  • Flooring: Travertine
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Granite Counters, Remodeled
  • Estimated Sq Ft: 1065.00
  • Windows Treatments: Double Pane Windows, Low Emissivity Windows

Exterior Features

  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Annually
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Clubhouse, Insurance, Security, Trash
  • Association Amenities: Clubhouse, Controlled Access, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • HOA Fee 2: 39.37
  • HOA Fee 3: 446.00
  • Total Monthly Association Fees: 502.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 632131014
  • Lot Acres: 0.0400
  • Lot Location: On Golf Course
  • Lot Size: 1742.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
Zakarian Anahid
Bought by
Zakarian Anahid and The Anahid Zakarian Trust
Current Estimated Value
$356,873

Purchase Details

Listed on
Sep 17, 2016
Closed on
Jan 5, 2017
Sold by
Pendray Kenneth G
Bought by
Zakarian Anahid
Seller's Agent
Christina Jacobson
Coldwell Banker Residential Brokerage
Buyer's Agent
Sheri Dettman
Equity Union
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$134,400
Outstanding Balance
$113,418
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$221,142

Purchase Details

Closed on
Mar 26, 2015
Sold by
Pendray Kenneth G
Bought by
Pendray Kenneth G

Purchase Details

Closed on
Jun 23, 2006
Sold by
Pendray Kenneth G and Pendray Kenneth Gerald
Bought by
Pendray Kenneth Gerald and The Kenneth G Pendray Revocable Trust

Purchase Details

Closed on
Jun 21, 2006
Sold by
Pendray Lori and Pendray Kenneth G
Bought by
Pendray Kenneth G

Purchase Details

Closed on
Mar 25, 2002
Sold by
Herren John M and Herren Maria
Bought by
Pendray Kenneth G and Pendray Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.78%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Vandam Ine Marie
Bought by
Herren John M and Herren Maria

Purchase Details

Closed on
Sep 25, 1996
Sold by
Marcus Aaron
Bought by
Vandam Ine Marie

Purchase Details

Closed on
Aug 5, 1996
Sold by
Herren John M and Herren Maria
Bought by
Vandam Ine Marie and Herren John M

Purchase Details

Closed on
Dec 16, 1994
Sold by
Svendsen J S
Bought by
Herren John M and Herren Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
9.23%
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
Zakarian Anahid -- None Available
Zakarian Anahid $192,000 Equity Title
Pendray Kenneth G -- None Available
Pendray Kenneth Gerald -- None Available
Pendray Kenneth G $135,000 American Title
Herren John M -- Old Republic Title Company
Vandam Ine Marie -- First American Title Ins Co
Vandam Ine Marie -- First American Title Ins Co
Herren John M $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakarian Anahid $134,400
Previous Owner Pendray Kenneth G $85,036
Previous Owner Pendray Kenneth G $107,800
Previous Owner Pendray Kenneth G $108,000
Previous Owner Herren John M $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $192,000 -3.5% $180 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
09/17/2016 09/17/16 For Sale $199,000 -- $187 / 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 $3,127 $214,175 $64,252 $149,923
2022 $2,967 $209,977 $62,993 $146,984
2021 $2,894 $205,860 $61,758 $144,102
2020 $2,845 $203,750 $61,125 $142,625
2019 $2,797 $199,756 $59,927 $139,829
2018 $2,750 $195,840 $58,752 $137,088
2017 $2,473 $171,818 $51,541 $120,277
2016 $2,439 $168,450 $50,531 $117,919
2015 $2,446 $165,922 $49,773 $116,149
2014 $2,411 $162,674 $48,799 $113,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216026606

California Desert Association of REALTORS®

APN: 632-131-014