NOT LISTED FOR SALE

40595 Preston Trail Unit 20-11 Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $304,578 - $412,000

1 Bed
2 Baths
938 Sq Ft
1,742 Sq Ft Lot

Highlights

  • Golf Course Community
  • Golf Course View
  • Furnished
  • Palm Desert High School Rated A
  • Community Lake
  • Community Pool

About This Home

As of December 2020

Pebble Beach Model - 2BR/2BA - 1065 sq. ft. West facing extended patio for lots of afternoon sunshine. Remodeled kitchen with newer appliances - plantation shutters throughout - When you're not outside, enjoy the huge 42 LCD TV or surf the web on your computer or handheld device using the free high-speed wireless network. Wake up to views of the13th fairway from a Queen Master suite with 32" flat-screen TV. The bright 2nd bedroom is tastefully redecorated with a full size bed. Home comes fully furnished with the option of removal. Apply today for FREE!

Last Agent to Rent the Property

Damien Melle

MODERN REAL ESTATE SHOP License #01382073 Listed on: 12/03/2020

Last Renter's Agent

Damien Melle

MODERN REAL ESTATE SHOP License #01382073 Listed on: 12/03/2020

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1983

Lot Details

  • 1,742

Parking

  • 1 Car Garage

Property Views

  • Golf Course
  • Mountain
  • Neighborhood

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • No Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,800
  • Rent includes association dues, cable TV
  • Available 12/3/20
  • Tax Lot 20
  • Tax Tract Number 13145
  • Assessor Parcel Number 632131020

Community Details

Overview

  • Property has a Home Owners Association
  • 360 Units
  • Palm Desert Resort CC Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,194

Year Built

Built in 1983

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-12-03
  • Credit Check Paid By: Owner
  • Deposit Pets: 250
  • Deposit Security: 1800
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Palm Desert Resort CC (32418)
  • View: Yes
  • Zoning: R112M
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 632131020
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 938.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.92
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Golf Course, Mountain(s), Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Golf, Lake, Sidewalks, Suburban

Schools

  • School District: Palm Springs Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units In Community: 360
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Cable TV

Tax Info

  • Tax Census Tract: 449.27
  • Tax Lot: 20
  • Tax Tract Number: 13145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2018
Sold by
Chandu Lakshmana Rao and Mesala Shanti Priva
Bought by
Chandu Lakshmana Rao and Mesala Shanti Priva
Current Estimated Value
$350,645

Purchase Details

Closed on
Feb 24, 2015
Sold by
Metcalf Dennis Walter and Metcalf Alice Susan
Bought by
Chandu Lakshmana Rao and Mesala Shanti Priya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$109,339
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$227,857

Purchase Details

Closed on
Aug 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Metcalf Dennis Walter and Metcalf Alice Susan

Purchase Details

Closed on
Jan 7, 2008
Sold by
Quin Whitney
Bought by
Deutsche Bank National Trust Co and The Certificateholders For Morgan Stanle

Purchase Details

Closed on
Oct 26, 2006
Sold by
Quin Whitney
Bought by
Quin Whitney Lee and The Whitney Lee Quin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
9.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2005
Sold by
Quin Whitney
Bought by
Quin Whitney Lee and Whitney Lee Quin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2002
Sold by
Quin Whitney Lee
Bought by
Quin Whitney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Preston Trail Exchange Llc
Bought by
Meuel Charles H and Meuel Nina

Purchase Details

Closed on
Apr 10, 2002
Sold by
Prather Raymond C and Prather Ann M
Bought by
Preston Trail Exchange Llc

Purchase Details

Closed on
Mar 20, 2000
Sold by
Rodriguez Norberto and Rodriguez Joan
Bought by
Prather Raymond C and Prather Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.25%

Purchase Details

Closed on
Aug 17, 1999
Sold by
Levitt Seymour and Levitt Kathy
Bought by
Rodriguez Norberto and Rodriguez Joan
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chandu Lakshmana Rao -- None Available
Chandu Lakshmana Rao $190,000 First American Title Company
Metcalf Dennis Walter $192,500 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Co $213,300 Landsafe Title
Quin Whitney Lee -- Old Republic Title Company
Quin Whitney -- Old Republic Title Company
Quin Whitney Lee -- --
Quin Whitney -- Old Republic Title Company
Meuel Charles H $149,500 First American Title Co
Preston Trail Exchange Llc -- First American Title Co
Prather Raymond C $119,500 First American Title Co
Rodriguez Norberto $93,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandu Lakshmana Rao $142,500
Previous Owner Quin Whitney $265,000
Previous Owner Quin Whitney $160,000
Previous Owner Quin Whitney $57,200
Previous Owner Quin Whitney $80,000
Previous Owner Prather Raymond C $93,600
Previous Owner Levitt Seymour $45,000
Closed Rodriguez Norberto $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Rented $1,800 0.0% --
12/03/2020 12/03/20 For Rent $1,800 +2.9% --
09/05/2017 09/05/17 Rented $1,750 -29.9% --
05/03/2017 05/03/17 For Rent $2,495 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,194 $228,342 $68,501 $159,841
2023 $3,194 $219,477 $65,842 $153,635
2022 $3,031 $215,174 $64,551 $150,623
2021 $2,956 $210,956 $63,286 $147,670
2020 $2,907 $208,794 $62,638 $146,156
2019 $2,857 $204,701 $61,410 $143,291
2018 $2,808 $200,688 $60,206 $140,482
2017 $2,775 $196,754 $59,026 $137,728
2016 $2,734 $192,897 $57,869 $135,028
2015 $2,607 $179,000 $54,000 $125,000
2014 $2,674 $184,000 $55,000 $129,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20250633

California Regional Multiple Listing Service (CRMLS)

APN: 632-131-020