NOT LISTED FOR SALE

40532 Palm Ct Palm Desert, CA 92260

Estimated Value: $628,000 - $734,024

3 Beds
3 Baths
2,498 Sq Ft
$279/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $500,000 $200 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,300/month

58 Days on Market

Highlights

  • Gourmet Kitchen
  • Primary Bedroom Suite
  • Open Floorplan
  • James Earl Carter Elementary School Rated A-
  • Peek-A-Boo Views
  • Traditional Architecture

About This Home

As of October 2020

PICTURE PERFECT in a PRIME Palm Desert Location with NO HOAs! Quality built with premium upgrades that make this a place you will LOVE to call home! Featuring an open floor plan with a true chef's kitchen and center island; NEWER stainless appliances, fireplace, eat-in kitchen plus breakfast bar, NEWER dual A/C units and furnace, designer inspired window coverings, TILE floors throughout and an upright platform washer and dryer! Offering 3 generous sized bedrooms, formal dining room, wide hallways and interior laundry room The fine finishes continue with a custom glass front door providing loads of natural light and mountain views . RESTORA created the rich looking driveway and outdoor back patio area. Pleasurable and inviting the back is covered and has a built-in fire pit, surrounded by artificial turf for easy carefree Desert Living! The side yard is lush, lined with fruit trees! Located at the end of a cul-de-sac and NO HOAs make this a winning combination!!!

Last Agent to Sell the Property

Michelle White

Bennion Deville Homes License #01480882 Listed on: 08/07/2020

Last Buyer's Agent

Vic Mady

Home Offer Real Estate License #02078406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,420

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Drip System Landscaping
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Awning
  • Shutters
  • Custom Window Coverings
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Ceramic Tile Flooring
  • Prewired Security

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Butlers Pantry
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Community Details

  • Hovley Palms Subdivision
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 622311038

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,420

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Foyer
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Peek-A-Boo
  • Water District Name: CvWD
  • Year Built: 2002
  • Listing I D: 219047351
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 15301 Ventura Blvd. Building B, Suite 300, Sherman Oaks, CA 91403
  • Land Type: Fee
  • Subdivision: Hovley Palms
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Convection Oven, Water Line to Refrigerator, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: High Ceilings (9 Ft+), Open Floorplan
  • Fireplace Features: Gas Starter, Gas Log, Gas
  • Flooring: Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Bidet, Tile Shower, Tub With Jets, Tile Counters, Shower Stall, Shower & Tub, Linen Closet
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Windows Treatments: Custom Window Covering, Shutters, Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s)
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage, In Kitchen
  • Cooling Type: Air Conditioning, Zoned, Dual, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622311038
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.1699
  • Lot Description: Back Yard, Yard, Street Lighting, Street Paved, Sidewalks, Landscaped, Lawn, Front Yard
  • Lot Location: Cul-De-Sac, Greenbelt
  • Lot Size: 7405.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 16, 2020
Sold by
Gomez Marjorie A and Revocable Tr Of Robert A Gomez
Bought by
Ann Carol and Ann Carol Shaw
Seller's Agent
Michelle White
Bennion Deville Homes
Buyer's Agent
Vic Mady
Home Offer Real Estate
List Price
$519,900
Sold Price
$500,000
Premium/Discount to List
-$19,900
-3.83%
Current Estimated Value
$696,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,506
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Jul 26, 2019
Closed on
Nov 16, 2019
Sold by
Rosen Daniel S and Rosen Shari M
Bought by
Gomez Marjorie A and Revocable Tr Of Robert A Gomez
Seller's Agent
Rita Craig
Windermere Homes & Estates
Buyer's Agent
Michelle White
Equity Union
List Price
$519,000
Sold Price
$505,000
Premium/Discount to List
-$14,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.24%

Purchase Details

Closed on
Aug 14, 2019
Sold by
Rosen Daniel S and Rosen Shari M
Bought by
Rosen Daniel S and Kraarrosen Shari M

Purchase Details

Closed on
Jul 28, 2009
Sold by
Rosen Daniel S and Rosen Shari M
Bought by
Rosen Daniel S and Rosen Shari M

Purchase Details

Closed on
Jan 16, 2009
Sold by
Epstein Renee
Bought by
Rosen Daniel S and Rosen Shari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
J D Desert Development Inc
Bought by
Epstein Shirley and Epstein Renee

Purchase Details

Closed on
Mar 5, 2001
Sold by
Hartel Llc
Bought by
J D Desert Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
7.09%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 2000
Sold by
Norris Don B and Norris Karen R
Bought by
Hartel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.82%
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
Ann Carol $500,000 Orange Coast Title Company
Gomez Marjorie A $505,000 Orange Coast Title
Rosen Daniel S -- None Available
Rosen Daniel S -- Accommodation
Rosen Daniel S $405,000 Orange Coast Title Of Ca
Epstein Shirley $320,000 Southland Title Corporation
J D Desert Development Inc $83,000 Commonwealth Land Title Co
Hartel Llc $1,200,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosen Daniel S $305,000
Previous Owner J D Desert Development Inc $231,000
Previous Owner Hartel Llc $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Sold $500,000 -2.0% $200 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $510,000 -1.9% $204 / Sq Ft
08/07/2020 08/07/20 For Sale $519,900 +3.0% $208 / Sq Ft
12/19/2019 12/19/19 Sold $505,000 -2.7% $202 / Sq Ft View Prior Sale
11/25/2019 11/25/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $519,000 0.0% $208 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $519,000 -3.0% $208 / Sq Ft
07/26/2019 07/26/19 For Sale $535,000 -- $214 / 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
2025 $7,420 $541,214 $64,945 $476,269
2023 $7,420 $520,200 $62,424 $457,776
2022 $7,027 $510,000 $61,200 $448,800
2021 $7,492 $500,000 $60,000 $440,000
2020 $6,838 $505,000 $126,000 $379,000
2019 $6,381 $467,524 $140,253 $327,271
2018 $6,271 $458,357 $137,504 $320,853
2017 $6,144 $449,370 $134,808 $314,562
2016 $6,001 $440,560 $132,165 $308,395
2015 $6,048 $433,944 $130,181 $303,763
2014 $5,878 $425,445 $127,632 $297,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219047351

California Desert Association of REALTORS®

APN: 622-311-038