40518 Corte Placitas Palm Desert, CA 92260
Estimated payment $4,786/month
Highlights
- Guest House
- In Ground Pool
- Private Lot
- James Earl Carter Elementary School Rated A-
- Casita
- Spanish Architecture
About This Home
Resort style living in this exquisite Spanish style oasis, ideally situated on the most desirable lot at the end of the culdesac. As you step inside, the timeless elegance of Spanish tile flooring welcomes you, leading you through warm and inviting spaces. Entertain with ease at the wet bar, adorned with stunning granite countertops. The spacious kitchen, featuring a walk-in pantry and captivating views of the backyard, is perfect for culinary enthusiasts. Two bedrooms share a beautifully designed Jack and Jill bathroom, while the laundry room conveniently connects to the expansive threecar garage. The master suite serves as a private retreat, offering breathtaking views and a luxurious ensuite bathroom, complete with two walkin closets and upgraded amenities like a self flushing toilet and a bidet. A cozy fireplace enhances the living area's ambiance, and a versatile office/den space can easily transform into an additional bedroom. Step outside to your sprawling backyard, featuring a charming gazebo for family gatherings and a tranquil courtyard with a soothing water fountain. Dive into the generous pool or rinse off with the outdoor shower. With eight fruit trees including plum, fig, and grapefruit you can enjoy fresh produce year round. This property also includes a separate Casita, ideal for guests or rental opportunities. Centrally located near El Paseo's shopping, world class golf courses and entertainment options this home embodies luxury and convenience. PricedToSell
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,801
Year Built
- Built in 2005
Lot Details
- 10,019 Sq Ft Lot
- Cul-De-Sac
- Wrought Iron Fence
- Block Wall Fence
- Landscaped
- Private Lot
- Sprinkler System
HOA Fees
- $27 Monthly HOA Fees
Home Design
- Spanish Architecture
- Slab Foundation
- "S" Clay Tile Roof
- Stucco Exterior
Interior Spaces
- 2,989 Sq Ft Home
- 1-Story Property
- Stone Fireplace
- Double Pane Windows
- Shutters
- French Doors
- Living Room with Fireplace
- Tile Flooring
Kitchen
- Kitchenette
- Walk-In Pantry
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Pool
- In Ground Pool
- Outdoor Pool
- In Ground Spa
Outdoor Features
- Covered Patio or Porch
- Casita
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Sewer in Street
Additional Features
- Solar owned by a third party
- Guest House
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 622300051
Community Details
Overview
- La Placita Subdivision
Security
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,801 | $96,485 | $36,424 | $60,061 |
| 2023 | $1,801 | $92,740 | $35,010 | $57,730 |
| 2022 | $1,612 | $90,923 | $34,324 | $56,599 |
| 2021 | $1,545 | $89,141 | $33,651 | $55,490 |
| 2020 | $1,525 | $88,228 | $33,306 | $54,922 |
| 2019 | $1,499 | $86,499 | $32,653 | $53,846 |
| 2018 | $1,475 | $84,804 | $32,013 | $52,791 |
| 2017 | $1,445 | $83,142 | $31,386 | $51,756 |
| 2016 | $1,428 | $81,513 | $30,771 | $50,742 |
| 2015 | $7,081 | $542,000 | $163,000 | $379,000 |
| 2014 | $7,115 | $554,000 | $166,000 | $388,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $865,000 | -1.7% | $289 / Sq Ft |
| 02/04/2025 02/04/25 | For Sale | $879,600 | +39.8% | $294 / Sq Ft |
| 09/14/2015 09/14/15 | Sold | $629,000 | 0.0% | $210 / Sq Ft |
| 06/22/2015 06/22/15 | Pending | -- | -- | -- |
| 06/16/2015 06/16/15 | Off Market | $629,000 | -- | -- |
| 05/15/2015 05/15/15 | For Sale | $629,000 | 0.0% | $210 / Sq Ft |
| 02/23/2015 02/23/15 | For Sale | $629,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $629,000 | Orange Coast Title Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $530,000 | Stewart Title Of California | |
| Trustee Deed | $553,500 | Cr Title Services Inc | |
| Grant Deed | $851,000 | First American Title Nhs |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,650,000 | New Conventional | |
| Closed | $1,650,000 | New Conventional | |
| Closed | $1,230,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $1,148,400 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $1,050,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $930,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $188,500 | New Conventional | |
| Closed | $160,000 | New Conventional | |
| Closed | $125,000 | New Conventional | |
| Previous Owner | $925,000 | Purchase Money Mortgage | |
| Previous Owner | $680,720 | Purchase Money Mortgage |
Source: California Desert Association of REALTORS®
MLS Number: 219132524
APN: 622-300-051
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