NOT LISTED FOR SALE

40653 Terraza Dr Palm Desert, CA 92260

Estimated Value: $688,000 - $839,000

4 Beds
3 Baths
2,300 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 40653 Terraza Dr, Palm Desert, CA 92260 and is currently estimated at $744,194, approximately $323 per square foot. 40653 Terraza Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2017
Sold by
Nguyen Phillip
Bought by
Nguyen Phillip and Phan Cynthia
Current Estimated Value
$744,194

Purchase Details

Closed on
Apr 4, 2006
Sold by
Chu Thanh
Bought by
Nguyen Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Outstanding Balance
$178,518
Interest Rate
1.25%
Mortgage Type
Negative Amortization
Estimated Equity
$565,676

Purchase Details

Closed on
Aug 2, 1999
Sold by
Sonata Collection Llc
Bought by
Chu Thanh

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
7.66%
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.

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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.

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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.

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Quantarium

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Average Value
Not Available
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
Nguyen Phillip -- None Available
Nguyen Phillip $555,000 United Independent Title
Chu Thanh $235,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phillip $444,000
Previous Owner Chu Thanh $424,000
Previous Owner Chu Thanh $310,000
Previous Owner Chu Thanh $79,000
Previous Owner Chu Thanh $233,500
Previous Owner Chu Thanh $120,000
Previous Owner Chu Thanh $160,000
Source: Public Records

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 $9,527 $731,300 $189,600 $541,700
2023 $9,527 $697,999 $173,688 $524,311
2022 $8,424 $634,544 $157,898 $476,646
2021 $6,934 $515,890 $128,373 $387,517
2020 $6,203 $460,616 $114,618 $345,998
2019 $6,017 $447,200 $111,280 $335,920
2018 $5,802 $430,000 $107,000 $323,000
2017 $5,702 $423,000 $106,000 $317,000
2016 $5,699 $423,000 $106,000 $317,000
2015 $5,741 $421,000 $105,000 $316,000
2014 $5,337 $399,000 $100,000 $299,000
Source: Public Records

Map

California Riverside County Palm Desert 92260

40653 Terraza Dr, Palm Desert, CA

This home is located at 40653 Terraza Dr, Palm Desert, CA 92260 and is currently estimated at $744,194, approximately $323 per square foot. 40653 Terraza Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

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