NOT LISTED FOR SALE

40651 Cabana Ct Palm Desert, CA 92260

Estimated Value: $651,000 - $802,000

3 Beds
2.5 Baths
2,430 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $500,000 $206 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,623/month

85 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • James Earl Carter Elementary School Rated A-
  • Primary Bedroom Suite
  • Premium Lot

About This Home

As of January 2020

Pride of ownership abounds in this gorgeous 3 bedroom plus den, 2.5 bath, 2,430 sq. ft. home in Palm Desert with NO HOA FEES! This must-see property offers a spacious open floor plan with vaulted ceilings, skylights and lots of windows, making it airy, light and bright. The kitchen is a chef's dream with granite countertops, stainless steel appliances - including a 5-burner cooktop - plus bountiful pantry and large island. Kitchen opens to the family room with gas fireplace and dining space. The separate formal dining area and living room is a perfect place for entertaining. Relax in the sizeable master suite complete with big walk-in closet. Bathroom has been upgraded with quartz countertops and custom tile and has double vanity, oversized bathtub and separate shower. The roomy den/office would also make a great 4th bedroom. Backyard has saltwater pool with Pebble Tec and water-conserving K-9 artificial turf. Other amenities include a 3-car garage and energy- efficient solar electric. Central location and easy access to restaurants & shopping makes this an excellent year-round residence or winter getaway. Also ideal for investors, as zoning allows short-term rentals.

Last Agent to Sell the Property

Dan Hamilton

Coldwell Banker Realty License #01923960 Listed on: 10/14/2019

Coldwell Banker Realty

Last Buyer's Agent

Nisa Sheikh

Redfin Corporation License #01876404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,362

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Home has East and West Exposure
  • Block Wall Fence
  • Landscaped
  • Premium Lot
  • Sprinkler System
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Den
  • Storage
  • Laundry Room
  • Pool Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Parking

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

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Solar owned by a third party
  • Stone Porch or Patio
  • Ground Level

Community Details

  • Sonata 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 622322051

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,362

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: Ground Level, No Unit Above, Ground, One
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All kitchen appliances.
  • List Price per Sq Ft: 209.88
  • Lp Sp Ratio: 0.9800
  • View Type: Pool
  • Year Built: 1998
  • Listing I D: 219032398
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 15301 Ventura Blvd B Ste 300, Sherman Oaks, CA 91403
  • Selling Office Address: 15301 Ventura Blvd B Ste 300, Sherman Oaks, CA 91403
  • Selling Office Fax: (877) 733-3469
  • Land Type: Fee
  • Subdivision: Sonata 2
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Exhaust Fan, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s), Storage, Recessed Lighting
  • Range Hood: Yes
  • Fireplace Features: Tile
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower Over Tub, Shower & Tub, Remodeled, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters, Skylight(s), Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 2430.00

Exterior Features

  • Construction: Stucco
  • Other Features: Slab, Solar System Financed, Premium Lot
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Rock - Stone
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Not Heated, Private, In Ground, Salt Water
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener, Direct Entrance, Guest, On Street
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622322051
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1800
  • Lot Description: Back Yard, Landscaped, Front Yard
  • Lot Location: Cul-De-Sac
  • Lot Size: 7841.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 13, 2019
Sold by
Jay Andra and Jay Michael
Bought by
Ying Carl Liu and Ying Chiu Yen
Seller's Agent
Dan Hamilton
Coldwell Banker Realty
Buyer's Agent
Nisa Sheikh
Redfin Corporation
List Price
$510,000
Sold Price
$500,000
Premium/Discount to List
-$10,000
-1.96%
Current Estimated Value
$741,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,451
Avg. Annual Appreciation
7.70%
Original Mortgage
$375,000
Outstanding Balance
$258,370
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$503,691

Purchase Details

Closed on
Mar 11, 2016
Sold by
Jay Andra and Jay Michael
Bought by
Andra & Michael Jay Trust

Purchase Details

Listed on
Aug 27, 2012
Closed on
Nov 14, 2012
Sold by
Samraya Llc
Bought by
Jay Michael and Jay Andra
Seller's Agent
SANFORD REED
RCD REALTY
List Price
$339,000
Sold Price
$331,500
Premium/Discount to List
-$7,500
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$90,500
Interest Rate
3.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 11, 2012
Sold by
Martin Gregory John
Bought by
Samraya Llc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Martin Gregory John
Bought by
Martin Gregory John and Briles Dolores E

Purchase Details

Closed on
Jan 8, 2003
Sold by
Martin Jolene Ann
Bought by
Martin Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.15%

Purchase Details

Closed on
Oct 8, 1998
Sold by
The Sonata Collection Llc
Bought by
Martin Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.79%

Purchase Details

Closed on
Oct 7, 1998
Sold by
Martin Constance Margaret
Bought by
Martin Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

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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
Ying Carl Liu $500,000 Equity Title Orange County
Andra & Michael Jay Trust -- None Available
Jay Michael $331,500 Orange Coast Title Company
Samraya Llc $264,537 None Available
Martin Gregory John -- --
Martin Gregory John -- Stewart Title
Martin Gregory John $216,500 First American Title Ins Co
Martin Gregory John -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ying Carl Liu $375,000
Previous Owner Jay Andra $90,500
Previous Owner Martin Gregory John $250,000
Previous Owner Martin Gregory John $210,000
Previous Owner Martin Gregory John $40,000
Previous Owner Martin Gregory John $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $500,000 -2.0% $206 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $510,000 +53.8% $210 / Sq Ft
11/28/2012 11/28/12 Sold $331,500 -2.2% $136 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $339,000 -- $140 / 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 $7,362 $546,818 $65,616 $481,202
2023 $7,362 $525,586 $63,069 $462,517
2022 $6,932 $515,282 $61,833 $453,449
2021 $6,754 $505,179 $60,621 $444,558
2020 $5,326 $392,394 $111,973 $280,421
2019 $5,179 $384,701 $109,778 $274,923
2018 $5,083 $377,159 $107,627 $269,532
2017 $4,982 $369,765 $105,517 $264,248
2016 $4,898 $362,516 $103,449 $259,067
2015 $4,888 $357,074 $101,897 $255,177
2014 $4,734 $350,081 $99,901 $250,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219032398

California Desert Association of REALTORS®

APN: 622-322-051