NOT LISTED FOR SALE

40620 Glenwood Ln Palm Desert, CA 92260

Estimated Value: $669,000 - $821,000

4 Beds
2.5 Baths
2,300 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 06, 2022

Last sale price $775,000 $337 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,857/month

94 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • James Earl Carter Elementary School Rated A-
  • Updated Kitchen
  • Mountain View

About This Home

As of December 2022

Welcome home! This beautifully remodeled pool home features high vaulted ceilings, open floor plan, and plenty of space for everyone to enjoy. Located in a quiet cul-de-sac in the heart of Palm Desert, you are just minutes away from all of the desert's best dining, shopping, golf courses, and activities. Enjoy cooking and spending time with family and friends in the tastefully remodeled kitchen that includes Bosch appliances, quartz counter tops, wine fridge, mid century cabinets, custom lighting and fixtures. Gather around in the private backyard and hop in your recently resurfaced pool for a fun day of swimming and BBQ as you watch the desert sky transform into night with amazing sunsets and views. 3 car garage offers plenty of space for a workshop and storage. Newer water heater, AC system with Nest controls, pool equipment, exterior stucco, paint, and desert landscaping keeps costs and maintenance low for savings. Whether you're looking for a vacation home, full time, or investment- don't miss out on this great opportunity!

Last Agent to Sell the Property

Adam Cheng

Compass License #01952882 Listed on: 08/15/2022

Compass

Last Buyer's Agent

The Briggs Group

Compass License #01896117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,806

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Sprinkler System

Property Views

  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Tile Flooring
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool
  • Spa Fenced

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • Glenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 622290055

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,806

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 336.96
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Year Built: 1990
  • Co Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219083229
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Glenwood
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Exhaust Fan, Washer, Refrigerator, Ice Maker, Freezer, Dishwasher
  • Appliances Other: Wine Fridge
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Vaulted Ceiling(s), Recessed Lighting, Open Floorplan
  • Fireplace Features: Gas
  • Flooring: Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower & Tub, Remodeled, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Remodeled, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2300.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Deck, Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Fenced, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Fenced, Private, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener, Direct Entrance, Covered, On Street
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 12.00
  • Total Uncovered Assigned Spaces: 6.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622290055
  • Irrigation: Drip System, Sprinkler System
  • Lot Location: Cul-De-Sac
  • Lot Size: 8276.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Nov 17, 2022
Sold by
Evans Jeffrey J and Evans Crystal
Bought by
Foglesong Tamara M
Seller's Agent
Adam Cheng
Compass
Buyer's Agent
The Briggs Group
Compass
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%
Views
79
Current Estimated Value
$754,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,718
Avg. Annual Appreciation
-0.94%
Original Mortgage
$235,000
Outstanding Balance
$111,883
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
$642,399

Purchase Details

Listed on
Aug 23, 2018
Closed on
Dec 11, 2018
Sold by
Vanes Shirley Ann
Bought by
Evans Jeffrey J and Evans Crystal
Seller's Agent
Catherine Marcy
HomeSmart
Buyer's Agent
Sheri Dettman
Equity Union
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
Original Mortgage
$336,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2016
Sold by
Vanes Shirley
Bought by
Shirley Ann Van Es Living Trust

Purchase Details

Closed on
Apr 3, 2002
Sold by
Oleson Gregory R and Oleson Kimberly G
Bought by
Vanes John and Vanes Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.13%

Purchase Details

Closed on
May 22, 1994
Sold by
Bono Josephine C
Bought by
Oleson Gregory R and Oleson Kimberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
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
Foglesong Tamara M $775,000 First American Title
Evans Jeffrey J $420,000 Ticor Title Company
Shirley Ann Van Es Living Trust -- None Available
Vanes John $280,000 Fidelity National Title Co
Oleson Gregory R $225,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foglesong Tamara M $235,000
Previous Owner Evans Jeffrey J $336,000
Previous Owner Vanes John $266,000
Previous Owner Oleson Gregory R $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2022 12/06/22 Sold $775,000 0.0% $337 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $775,000 -6.1% $337 / Sq Ft
10/09/2022 10/09/22 Price Changed $824,999 -5.1% $359 / Sq Ft
09/13/2022 09/13/22 Price Changed $869,000 -3.3% $378 / Sq Ft
08/18/2022 08/18/22 For Sale $899,000 +16.0% $391 / Sq Ft
08/18/2022 08/18/22 Off Market $775,000 -- --
08/15/2022 08/15/22 For Sale $899,000 +114.0% $391 / Sq Ft
01/10/2019 01/10/19 Sold $420,000 0.0% $183 / Sq Ft View Prior Sale
12/13/2018 12/13/18 Pending -- -- --
10/24/2018 10/24/18 Price Changed $420,000 -4.5% $183 / Sq Ft
09/21/2018 09/21/18 For Sale $440,000 0.0% $191 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $440,000 -- $191 / 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 $10,806 $806,308 $241,894 $564,414
2023 $10,806 $775,000 $232,501 $542,499
2022 $6,336 $441,492 $78,837 $362,655
2021 $6,169 $432,837 $77,292 $355,545
2020 $6,058 $428,400 $76,500 $351,900
2019 $5,261 $370,788 $92,692 $278,096
2018 $5,160 $363,519 $90,875 $272,644
2017 $5,049 $356,393 $89,094 $267,299
2016 $4,935 $349,406 $87,348 $262,058
2015 $4,922 $344,160 $86,037 $258,123
2014 $4,771 $337,420 $84,352 $253,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219083229

California Desert Association of REALTORS®

APN: 622-290-055