NOT LISTED FOR SALE

40601 Inverness Way Unit 42-04 Palm Desert, CA 92211

Estimated Value: $334,000 - $388,000

2 Beds
2 Baths
1,177 Sq Ft
$515/mo HOA Fee

Last Sold December 02, 2020

Last sale price $225,000 $191 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,723/month

86 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Golf Course View
  • Clubhouse

About This Home

As of December 2020

This popular Vintage plan is a WOW! The kitchen has been remodeled with granite countertops, sink, island top and custom cabinets.Beautiful Gorgeous Bamboo floors and custom shutters.The kitchen ceiling is highlighted with a lovely bead board feature. A new HVAC system was installed in 2015 and the water heater and dishwasher are new. Dual pane windows throughout. A beautiful pine Barn door affords 2 Master en suite bedrooms. The Master Bath has been updated and both bedrooms have large walk in closets. The back patio has porcelain tile and a gas barbecue with a views of the greenbelt and the 10th Fairway and green and mountains.The Palm Desert Resort Country Club is a very active resort with Clubhouse, 20 pools and spas, Tennis & Pickle Ball Courts, and a regulation 18 hole golf course. Short term rentals allowed.

Last Agent to Sell the Property

Cindy White

Bennion Deville Homes License #01103981 Listed on: 08/29/2020

Last Buyer's Agent

Gail Gallaudet

HK Lane Real Estate License #01309488

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Home has North and South Exposure
  • Sprinklers on Timer

HOA Fees

Property Views

  • Golf Course
  • Park or Greenbelt

Home Design

  • Slab Foundation

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Shutters
  • Combination Dining and Living Room
  • Bamboo Flooring

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Carport
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • 4 Car Parking Spaces
  • 1 Parking Garage Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 632180042

Community Details

Overview

  • Association fees include clubhouse, trash, security, cable TV
  • 960 Units
  • Palm Desert Resort Country Club Subdivision
  • Greenbelt
  • Planned Unit Development

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One
  • Included In Sale: The second bedroom furniture is included.
  • List Price per Sq Ft: 199.66
  • Lp Sp Ratio: 0.9600
  • Unit Total In Complex: 960
  • View Type: Golf Course, Park/Green Belt
  • Water District Name: CVWD
  • Year Built: 1981
  • Co Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Selling Office Fax: (760) 834-7575
  • Listing I D: 219048598
  • Listing Member Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Selling Office Fax: (760) 541-4899
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Bamboo
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Kitchen Island, Living/Dining Combo
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Carport, In Closet
  • Estimated Sq Ft: 1177.00
  • Windows Treatments: Shutters

Exterior Features

  • Foundation: Slab
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Golf Course Within Development, Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash, Security, Cable TV
  • Association Amenities: Banquet Facilities, Tennis Courts, Greenbelt/Park, Golf Course, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 470.00
  • HOA Fee 2: 44.60
  • Total Monthly Association Fees: 515.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632180042
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.0600
  • Lot Location: Corner Lot, Greenbelt
  • Lot Size: 2614.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Nov 25, 2020
Sold by
Butler Marsha L and Haar Patricia J
Bought by
Koski Andrew Brian and Bourdeau Corinne Marie
Seller's Agent
Cindy White
Bennion Deville Homes
Buyer's Agent
Gail Gallaudet
HK Lane Real Estate
List Price
$244,950
Sold Price
$225,000
Premium/Discount to List
-$19,950
-8.14%
Current Estimated Value
$366,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,812
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
May 11, 2011
Sold by
Butler Marsha L and Haaar Patty J
Bought by
Butler Marsha L and Haar Patricia J

Purchase Details

Closed on
May 15, 2003
Sold by
Paulk Barry and Letchner Craig
Bought by
Butler Marsha L and Haar Patty J
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Koski Andrew Brian $225,000 Fidelity National Title Co
Butler Marsha L -- None Available
Butler Marsha L $150,000 Fidelity Natl Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $225,000 -4.3% $191 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $235,000 -2.5% $200 / Sq Ft
09/20/2020 09/20/20 Price Changed $240,950 -1.6% $205 / Sq Ft
08/29/2020 08/29/20 For Sale $244,950 -- $208 / 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 $3,376 $243,546 $54,121 $189,425
2023 $3,290 $234,090 $52,020 $182,070
2022 $3,206 $229,500 $51,000 $178,500
2021 $3,128 $225,000 $50,000 $175,000
2020 $2,727 $193,989 $48,490 $145,499
2019 $2,681 $190,187 $47,540 $142,647
2018 $2,636 $186,458 $46,609 $139,849
2017 $2,606 $182,803 $45,696 $137,107
2016 $2,569 $179,219 $44,800 $134,419
2015 $2,576 $176,528 $44,128 $132,400
2014 $2,539 $173,071 $43,264 $129,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219048598

California Desert Association of REALTORS®

APN: 632-180-042