NOT LISTED FOR SALE

40585 Meadow Ln Palm Desert, CA 92260

Estimated Value: $572,871 - $641,000

3 Beds
3 Baths
1,720 Sq Ft
$356/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $350,000 $203 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,715/month

66 Days on Market

About This Home

As of May 2018

MAJOR PRICE REDCTION!! Seller says SELL!! Lowest price in the neighborhood! Great location on a quiet cul-de-sac. Nice tile flooring, updated kitchen, cathedral ceilings,fireplace, master en suite bedroom with private bath. Two guest bedrooms and nice 'clean slate' backyard. Spacious and open floor planthroughout. This three bedroom,2.5 bath home is a great opportunity to live close to retail, schools and major urban activities. Attached two car garage and an above ground spa, covered patio areas offer you an opportunity to put your own stamp on this home. Great value. Priced to sell.

Last Agent to Sell the Property

David Carden

Coldwell Banker Realty Listed on: 01/17/2018

Coldwell Banker Realty

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,684

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Cross Street: HOVELY LANE W
  • Active Date: 2018-01-17
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1720.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Meadow Lane is a cul-de-sac, north of Hovely Lane W, three blocks west of Monterey Avenue.
  • Full Street Address: 40585 MEADOW LN
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2018-05-15
  • Spa Construction: Above Ground
  • Spa Descriptions: Heated with Electricity
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Bedroom Features: Master Bedroom
  • Eating Areas: Dining Area, Breakfast Area
  • Appliances: Microwave, Free Standing Electric
  • Advertising Remarks: MAJOR PRICE REDCTION!! Seller says SELL!! Lowest price in the neighborhood! Great location on a quiet cul-de-sac. Nice tile flooring, updated kitchen, cathedral ceilings,fireplace, master en suite bedroom with private bath. Two guest bedrooms and nic
  • Total Bedrooms: 3
  • Builders Tract Code: 3520
  • Builders Tract Name: MONTEREY MEADOWS
  • Fireplace: Yes
  • Levels: One Level
  • Spa: Yes
  • Fireplace Rooms: Living Room, Master Bedroom, Patio
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace Features: Decorative
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Ceramic Counters, Laminate Counters
  • Laundry: Laundry Area In Unit, Individual Room
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 8276
  • Common Walls: Detached/No Common Walls
  • Patio: Covered

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Direct Garage Access
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Air Conditioning, Central A/C, Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Mar 27, 2018
Sold by
Dews William and Dews Alice C
Bought by
Bersamin Gladys Ann Gomez
Seller's Agent
David Carden
Coldwell Banker Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$379,500
Sold Price
$350,000
Premium/Discount to List
-$29,500
-7.77%
Current Estimated Value
$612,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,968
Avg. Annual Appreciation
7.86%
Original Mortgage
$343,660
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1994
Sold by
The Diaz Family Trust
Bought by
Dews William and Dews Alice C
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
Bersamin Gladys Ann Gomez $350,000 Orange Coast Title Company
Dews William $195,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bersamin Gladys Ann Gomez $343,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2018 05/14/18 Sold $350,000 -2.0% $203 / Sq Ft
03/19/2018 03/19/18 Price Changed $357,000 -2.2% $208 / Sq Ft
02/14/2018 02/14/18 Price Changed $365,000 -3.8% $212 / Sq Ft
01/17/2018 01/17/18 For Sale $379,500 -- $221 / Sq Ft
Source: Palm Springs Regional 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 $5,684 $398,233 $119,469 $278,764
2023 $5,684 $382,772 $114,831 $267,941
2022 $5,328 $375,268 $112,580 $262,688
2021 $5,171 $367,911 $110,373 $257,538
2020 $5,077 $364,140 $109,242 $254,898
2019 $4,983 $357,000 $107,100 $249,900
2018 $2,008 $119,190 $44,473 $74,717
2017 $1,930 $116,853 $43,601 $73,252
2016 $1,887 $114,563 $42,747 $71,816
2015 $1,883 $112,844 $42,105 $70,739
2014 $1,751 $110,635 $41,281 $69,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-305268PS

APN: 622-290-010