NOT LISTED FOR SALE

40624 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $337,000 - $385,000

2 Beds
2 Baths
1,177 Sq Ft
$455/mo HOA Fee

Last Sold September 08, 2020

Last sale price $238,000 $202 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,777/month

19 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Palm Desert High School Rated A
  • In Ground Pool
  • Clubhouse

About This Home

As of September 2020

Newly renovated! Brand new kitchen including quartz counter tops, stainless steel appliances and a new modern range hood. This is the popular Vintage floor plan with dual master suites- each with their own walk-in closets. Enjoy the Southern exposure on a lush green belt, steps to the pool and spa, with a tiled patio and BBQ. Offered turn key furnished and ready to use as a rental or for your own enjoyment! PDRCC has an 18 hole Championship Golf Course, lighted tennis courts, Clubhouse with dining room, lounge and Pro Shop. Short term rentals allowed! No showings until after 8/23.

Last Agent to Sell the Property

Nyla Patzner

Desert Sotheby's International Realty License #01903843 Listed on: 08/20/2020

Desert Sotheby's International Realty

Last Buyer's Agent

Heidi O'neal

Pacific Sotheby's Int'l Realty License #01875410

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1981

Lot Details

  • South Facing Home
  • Sprinkler System

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • 1 Fireplace
  • Living Room
  • Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz 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

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 632180044

Community Details

Overview

  • Palm Desert Resort Country Club Subdivision
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,545

Year Built

Built in 1981

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • List Price per Sq Ft: 202.21
  • Lp Sp Ratio: 1.0000
  • View Type: Park/Green Belt
  • Year Built: 1981
  • Listing I D: 219048075
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Ice Maker, Disposal, Dishwasher
  • Interior Amenities: Cathedral Ceiling(s)
  • Range Hood: Yes
  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Quartz Counters
  • Laundry: In Carport
  • Estimated Sq Ft: 1177.00

Exterior Features

  • Construction: Stucco
  • Built-in BBQ: Propane
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Tennis Courts, Pet Rules, Golf Course, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632180044
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0500
  • Lot Location: Greenbelt
  • Lot Size: 2178.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 1, 2020
Sold by
Atherton Enterprises Inc
Bought by
Hottenroth Eric and Stevens Lisa
Seller's Agent
Nyla Patzner
Desert Sotheby's International Realty
Buyer's Agent
Heidi O'neal
Pacific Sotheby's Int'l Realty
List Price
$238,000
Sold Price
$238,000
Current Estimated Value
$363,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,879
Avg. Annual Appreciation
9.31%

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 2, 2020
Sold by
Lingle Mark and Lingle Laura
Bought by
Atherton Enterprises Inc
Seller's Agent
Fred Pizzuto
At The Top Realty
Buyer's Agent
Nyla Patzner
Desert Sotheby's International Realty
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.34%

Purchase Details

Closed on
May 23, 2003
Sold by
Zajac Elizabeth
Bought by
Lingle Mark and Lingle Laura

Purchase Details

Closed on
Jun 28, 1995
Sold by
Jennings Richard N and Jennings Georgia P
Bought by
Jennings Richard N and Jennings Georgia P
Source: Public Records

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Range of Values:

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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
Hottenroth Eric $238,000 Fidelity National Title
Atherton Enterprises Inc $185,000 Fidelity National Title
Lingle Mark $167,000 Fidelity National Title Co
Zajac Elizabeth -- Fidelity National Title Co
Zajac Elizabeth -- Fidelity National Title Co
Jennings Richard N -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $238,000 0.0% $202 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $238,000 +28.6% $202 / Sq Ft
01/15/2020 01/15/20 Sold $185,000 -7.5% $157 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $199,900 -- $170 / 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
2023 $3,545 $247,615 $52,020 $195,595
2022 $3,369 $242,760 $51,000 $191,760
2021 $3,288 $238,000 $50,000 $188,000
2020 $3,056 $221,138 $75,472 $145,666
2019 $3,004 $216,803 $73,993 $142,810
2018 $2,953 $212,553 $72,544 $140,009
2017 $2,916 $208,386 $71,122 $137,264
2016 $2,871 $204,301 $69,728 $134,573
2015 $2,880 $201,234 $68,682 $132,552
2014 $2,625 $180,000 $61,000 $119,000
Source: Public Records

Agents Affiliated with this Home

  • Nyla Patzner

    Seller's Agent in 2020

    Nyla Patzner

    Desert Sotheby's International Realty

    (760) 797-8000

    2 in this area

    49 Total Sales

    Nyla Patzner
    Section Image

  • F

    Seller's Agent in 2020

    Fred Pizzuto

    At The Top Realty

    (760) 340-5757

    Section Image
  • Heidi O'neal

    Buyer's Agent in 2020

    Heidi O'neal

    Pacific Sotheby's Int'l Realty

    (760) 668-1187

    8 in this area

    65 Total Sales

    Section Image

  • P

    Buyer's Agent in 2020

    Patricia O'Neal

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219048075

California Desert Association of REALTORS®

APN: 632-180-044

California Riverside County Palm Desert 92211 Palm Desert Country

40624 Inverness Way, Palm Desert, CA

This home is located at 40624 Inverness Way, Palm Desert, CA 92211 since 20 August 2020 and is currently estimated at $363,879, approximately $309 per square foot. This property was built in 1981. 40624 Inverness Way is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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