NOT LISTED FOR SALE

40500 Diamondback Dr Palm Desert, CA 92260

Estimated Value: $749,655 - $816,000

3 Beds
2.5 Baths
2,527 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $568,000 $225 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,774/month

3 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Granite Countertops
  • James Earl Carter Elementary School Rated A-
  • Mountain View
  • No HOA

About This Home

As of October 2020

Highly desirable Hovley Estate Area-This fabulous three bedroom, two and half bath home is located at the end of a quiet cut-de-sac street. The entrance leads to a double entry and leads into a large open living room with high ceilings, fireplace, spacious dining area that includes a built in wine space. The kitchen includes stainless five burner cook top, built in oven, microwave, refrigerator and dishwasher. The large island allows for several bar stools for casual eating. The kitchen has granite counter tops, tile backsplash and also opens to a breakfast area with built in cabinets. The living room and kitchen have a view to the rear yard and pool. The master bedroom suite is located on a private side of the home and includes a view of the pool, an amazing walk in closet with pull downs for hard to reach items, shoe shelves and much more including a built in safe. The master bath has two separate sink areas, a separate step in shower and a soaking tub. The other two bedrooms and full bath are located on the other side of the house along with a full laundry room with washer and dryer. The flooring is all tile except the bedrooms and area rug in the living room and also includes some shutters and has window treatments.The home has a double car garage with great storage and cabinets.The front patio has beautiful mountain views. The private backyard features a pool, spa, covered patio and yard area. This home is ready for your clients to move into.

Last Agent to Sell the Property

Jean Shapen

Coldwell Banker Realty License #00614080 Listed on: 09/06/2020

Coldwell Banker Realty

Last Buyer's Agent

Jean Shapen

Coldwell Banker Realty License #00614080 Listed on: 09/06/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,387

Year Built

  • Built in 2002

Lot Details

  • 8,712 Sq Ft Lot
  • Sprinklers Throughout Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,527 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Center Hall
  • Tile Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 29893
  • Assessor Parcel Number 622290071

Community Details

Overview

  • No Home Owners Association
  • Hovely Palms Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,387

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Hovely Palms (32243)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 622290071
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2527.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 224.77
  • Room Type: All Bedrooms Down, Center Hall, Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s)
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Riverside Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 449.29
  • Tax Lot: 11
  • Tax Tract Number: 29893

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2020
Closed on
Sep 15, 2020
Sold by
Bradshaw Jean M and Davis Pamela K
Bought by
Rupchian Vaheh and Ajemian Salpie
Seller's Agent
Jean Shapen
Coldwell Banker Realty
Buyer's Agent
Jean Shapen
Coldwell Banker Realty
List Price
$549,000
Sold Price
$568,000
Premium/Discount to List
$19,000
3.46%
Current Estimated Value
$776,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,914
Avg. Annual Appreciation
6.41%
Original Mortgage
$454,400
Outstanding Balance
$403,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$373,664

Purchase Details

Closed on
Dec 2, 2006
Sold by
Bradshaw Jean M and Davis Pamela K
Bought by
Bradshaw Jean M and Davis Pamela K

Purchase Details

Closed on
Sep 21, 2006
Sold by
Davis Pamela K and Bradshaw Jean M
Bought by
Bradshaw Jean M and Davis Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
White Bruce A and White Celeste M
Bought by
Davis Pamela K and Bradshaw Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Hovley Estates North Llc
Bought by
White Bruce A and White Celeste M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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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
Rupchian Vaheh $568,000 First American Title Company
Bradshaw Jean M -- None Available
Bradshaw Jean M -- None Available
Bradshaw Jean M -- None Available
Davis Pamela K $642,000 First American Title Co
White Bruce A $385,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rupchian Vaheh $454,400
Previous Owner Davis Pamela K $417,000
Previous Owner White Bruce A $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $568,000 +3.5% $225 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $549,000 0.0% $217 / Sq Ft
08/16/2018 08/16/18 Rented $2,900 0.0% --
08/14/2018 08/14/18 Under Contract -- -- --
07/19/2018 07/19/18 For Rent $2,900 +7.4% --
07/28/2016 07/28/16 Rented $2,700 -3.6% --
07/15/2016 07/15/16 For Rent $2,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,387 $614,819 $64,945 $549,874
2023 $8,387 $590,947 $62,424 $528,523
2022 $7,953 $579,360 $61,200 $518,160
2021 $7,734 $568,000 $60,000 $508,000
2020 $7,317 $546,312 $136,042 $410,270
2019 $7,120 $530,400 $132,080 $398,320
2018 $6,861 $510,000 $127,000 $383,000
2017 $6,810 $507,000 $127,000 $380,000
2016 $6,587 $492,000 $123,000 $369,000
2015 $6,509 $480,000 $120,000 $360,000
2014 $6,088 $451,000 $113,000 $338,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20174312

California Regional Multiple Listing Service (CRMLS)

APN: 622-290-071