NOT LISTED FOR SALE

Estimated Value: $357,000 - $432,000

2 Beds
2 Baths
1,337 Sq Ft
$299/Sq Ft Est. Value

About This Home

This home is located at 40577 Preston Trail, Palm Desert, CA 92211 and is currently estimated at $399,923, approximately $299 per square foot. 40577 Preston Trail is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Jill R Silvas Trust
Bought by
Silvas Family Trust and Silvas
Current Estimated Value
$399,923

Purchase Details

Closed on
Feb 19, 2021
Sold by
Silvas Jill R
Bought by
Silvas Jill R and The Jill R Silvas Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2020
Sold by
Silvas Michael W
Bought by
Silvas Jill R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2020
Sold by
Chasteen Julie and The Julie Chasteen Revocable T
Bought by
Silvas Jill R

Purchase Details

Closed on
Jul 15, 2011
Sold by
Chasteen Julie
Bought by
Chasteen Julie and Julie Chasteen Revocable Trust

Purchase Details

Closed on
Oct 30, 2007
Sold by
Chasteen Julie
Bought by
Chasteen Julie and Julie Chasteen Revocable Living Trust

Purchase Details

Closed on
Apr 3, 1997
Sold by
Mcquillan Robert S and Mcquillan Elizabeth L
Bought by
Chasteen Stephen and Chasteen Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.08%
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
Silvas Family Trust -- None Listed On Document
Silvas Jill R -- Fidelity National Title Co
Silvas Jill R -- Equity Title Orange County
Silvas Jill R $279,000 Equity Title Orange County
Chasteen Julie -- None Available
Chasteen Julie -- None Available
Chasteen Stephen $110,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silvas Jill R $209,250
Previous Owner Chasteen Stephen L $40,000
Previous Owner Chasteen Stephen $81,000
Previous Owner Chasteen Stephen $86,000
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
2023 $4,078 $290,271 $31,212 $259,059
2022 $3,881 $284,580 $30,600 $253,980
2021 $3,790 $279,000 $30,000 $249,000
2020 $2,670 $189,278 $37,215 $152,063
2019 $2,625 $185,568 $36,486 $149,082
2018 $2,581 $181,930 $35,771 $146,159
2017 $2,552 $178,364 $35,070 $143,294
2016 $2,516 $174,868 $34,383 $140,485
2015 $2,524 $172,243 $33,867 $138,376
2014 $2,487 $168,870 $33,204 $135,666
Source: Public Records

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