NOT LISTED FOR SALE

40588 Clover Ln Palm Desert, CA 92260

Estimated Value: $647,000 - $720,000

3 Beds
3 Baths
2,000 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2016

Last sale price $400,000 $200 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,211 / mo

Highlights

  • In Ground Pool
  • City Lights View
  • 2 Car Attached Garage
  • James Earl Carter Elementary School Rated A-
  • Breakfast Room
  • Ceramic Tile Flooring

About This Home

As of June 2024

Gorgeous three-bedroom, three-bathroom home in Palm Desert. This strategically located property is close to the high-end stores, restaurants, and galleries on El Paseo. The Eisenhower Hospital, Aquatic Center, and schools are all nearby. The property includes a fireplace and a bar in the main living room, tile throughout, and an inviting outside area to complete this desert hideaway. The secluded patio beside the main entry is ideal for your morning coffee. The lush landscaping, citrus trees, guava trees, outdoor grill and dazzling pool make this home a great choice for anyone wishing to relocate to paradise.

Last Agent to Rent the Property

Jonas Joherg

Coldwell Banker Realty License #01752922 Listed on: 06/10/2024

Coldwell Banker Realty

Last Renter's Agent

Jonas Joherg

Coldwell Banker Realty License #01752922 Listed on: 06/10/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 8,275 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System

Property Views

  • City Lights
  • Desert

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Ceramic Tile Flooring
  • Security System Leased

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Community Details

  • Monterey Meadows Subdivision

Listing and Financial Details

  • Security Deposit $3,850
  • The owner pays for gardener, pool service
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • Assessor Parcel Number 622290037

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

8,275 Sq Ft Lot

Rental Info

  • Lease Length: 12
  • Owner Pays: Gardener, Pool Service
  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Lease Term Timespan: Long Term
  • Credit Report Fee: 50.00
  • Remote Key Deposit: 150.00
  • Security Deposit: 3850.00
  • Total Move In Costs: 7550.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 1.85
  • Lp Sp Ratio: 1.0000
  • View Type: City Lights, Desert
  • Water District Name: Coacchella Valley Water District
  • Year Built: 1988
  • Pets Allowed: Call
  • Internal Listing I D: 20240611011951217246000000
  • Listing I D: 219112789
  • Listing Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4578
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4578
  • Land Type: Fee
  • Subdivision: Monterey Meadows
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2000.00

Exterior Features

  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Security System Leased
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622290037
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1900
  • Lot Size: 8275.00

Multi Family

  • Total Fireplaces: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Bought by
Current Estimated Value
$684,796

Purchase Details

Listed on
Jul 23, 2016
Closed on
Sep 6, 2016
Sold by
Bought by
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Noemi Uribe
Jesus Martinez, Broker
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$320,000
Outstanding Balance
$255,604
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$429,192

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 4, 2013
Sold by
Bought by
Seller's Agent
Michelle White
Bennion Deville Homes
Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
List Price
$399,900
Sold Price
$367,500
Premium/Discount to List
-$32,400
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$354,361
Interest Rate
4.27%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
7%

Purchase Details

Closed on
May 11, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$400,000 Lawyers Title Company
$367,500 Orange Coast Title Company
-- --
$295,000 Orange Coast Title Co
$267,000 Orange Coast Title
$195,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,000
Previous Owner $354,361
Previous Owner $200,000
Previous Owner $213,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2024 06/15/24 Rented $3,700 0.0% --
06/13/2024 06/13/24 Under Contract -- -- --
06/10/2024 06/10/24 For Rent $3,700 +5.7% --
06/01/2021 06/01/21 Rented $3,500 0.0% --
05/04/2021 05/04/21 For Rent $3,500 0.0% --
09/29/2016 09/29/16 Sold $400,000 -6.8% $200 / Sq Ft View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $429,000 -4.5% $215 / Sq Ft
08/19/2016 08/19/16 For Sale $449,000 0.0% $225 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/23/2016 07/23/16 For Sale $449,000 +22.2% $225 / Sq Ft
09/10/2013 09/10/13 Sold $367,500 -8.1% $184 / Sq Ft View Prior Sale
09/09/2013 09/09/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $399,900 -- $200 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,397 $464,228 $139,267 $324,961
2023 $6,397 $446,204 $133,860 $312,344
2022 $6,037 $437,456 $131,236 $306,220
2021 $5,900 $428,879 $128,663 $300,216
2020 $5,792 $424,482 $127,344 $297,138
2019 $5,684 $416,160 $124,848 $291,312
2018 $5,583 $408,000 $122,400 $285,600
2017 $5,462 $400,000 $120,000 $280,000
2016 $5,193 $380,555 $114,166 $266,389
2015 $5,203 $374,841 $112,452 $262,389
2014 $5,005 $367,500 $110,250 $257,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219112789

California Desert Association of REALTORS®

APN: 622-290-037

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