40657 Preston Trail Palm Desert, CA 92211
Palm Desert Country Neighborhood
2
Beds
2
Baths
938
Sq Ft
$759/mo
HOA Fee
Highlights
- On Golf Course
- In Ground Pool
- Community Lake
- Palm Desert High School Rated A
- Gated Community
- Clubhouse
About This Home
As of May 2025$30,000 price reduction! Now the most affordable condo in the Resorter! This Pebble Beach floor plan unit, facing west, features 2 bedrooms and 2 bathrooms, fully furnished with a well-equipped kitchen, ideal for immediate move-in. Revel in tile floors spanning the living room, kitchen, and bathrooms, while plush carpeting adorns both bedrooms. Step out onto the expanded patio, offering views of the fairway. The kitchen showcases granite countertops, while the main bathroom features a brand-new shower with subway tile. The expansive great room showcases a vaulted ceiling, an open kitchen, dining area, and access to the patio through a slider. The primary bedroom offers picturesque views of the fairway and mountains, with another slider leading to the patio. Sold turnkey furnished, with newer appliances and a hot water heater just a year old. Investors will find the potential for short-term rentals appealing, given the unit's strong rental track record. Community amenities abound, including golf, tennis, pickleball, pools, spas, clubhouse, restaurant, 24-hour gated security, and more.
Last Agent to Sell the Property
Coldwell Banker Realty License #02129870 Listed on: 10/10/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,211
Year Built
- Built in 1983
Lot Details
- On Golf Course
- West Facing Home
- Drip System Landscaping
- Sprinkler System
HOA Fees
- $759 Monthly HOA Fees
Property Views
- Golf Course
- Mountain
Home Design
- Turnkey
Interior Spaces
- 938 Sq Ft Home
- Vaulted Ceiling
- Living Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 2 Attached Carport Spaces
- 2 Car Parking Spaces
- Side by Side Parking
Pool
- In Ground Pool
- In Ground Spa
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number R 632131024
Community Details
Overview
- Palm Desert Resort Country Club Subdivision
- Community Lake
- Greenbelt
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Community Pool
- Community Spa
Security
- 24 Hour Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 29, 2024
Sold by
Lewis Naomi Bezaire
Bought by
Security Eat 855 Inc
Purchase Details
Closed on
Feb 20, 2019
Sold by
Mosser John and Mosser Aline
Bought by
Lewis Naomi Bezaire
Purchase Details
Closed on
Nov 30, 2018
Sold by
Mosser John and Mosser Aline
Bought by
Mosser John and Mosser Aline
Purchase Details
Closed on
Nov 20, 2014
Sold by
Clarke John R and Clarke Elizabeth W
Bought by
Mosser John and Mosser Aline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,131
Interest Rate
3.89%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 9, 2004
Sold by
Finley David and Finley Leslie
Bought by
Clarke John R and Clarke Elizabeth W
Purchase Details
Closed on
Jun 24, 2003
Sold by
Hagen Wayne D and Hagen Raeburn
Bought by
Finley David and Finley Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2002
Sold by
Reischman Larry A and Reischman Kathryn L
Bought by
Hagen Wayne D and Hagen Raeburn
Purchase Details
Closed on
Nov 2, 1999
Sold by
Reischman Larry and Reischman Kathryn
Bought by
Reischman Larry A and Reischman Kathryn L
Purchase Details
Closed on
Apr 21, 1999
Sold by
I Leib Charlie Bennett G and I Schultz P
Bought by
Reischman Larry and Reischman Kathryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.92%
Purchase Details
Closed on
Jul 1, 1997
Sold by
Jabs Leo and Jabs Doris E
Bought by
Leib Charlie Bennett and Schultz Paul G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.83%
Similar Homes in Palm Desert, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $185,000 | Equity Title | |
| Grant Deed | $270,000 | -- | |
| Grant Deed | $180,000 | Orange Coast Title Co | |
| Grant Deed | $140,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $99,000 | Old Republic Title Company | |
| Grant Deed | $84,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $188,131 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $143,600 | Purchase Money Mortgage | |
| Previous Owner | $89,000 | No Value Available | |
| Previous Owner | $54,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Rent | $2,450 | 0.0% | -- |
| 05/09/2025 05/09/25 | Sold | $332,500 | -2.2% | $354 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | Price Changed | $339,990 | -2.6% | $362 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $349,000 | -5.4% | $372 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $369,000 | -- | $393 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $3,211 | $220,871 | $58,970 | $161,901 |
| 2022 | $3,048 | $216,541 | $57,814 | $158,727 |
| 2021 | $2,973 | $212,296 | $56,681 | $155,615 |
| 2020 | $2,923 | $210,120 | $56,100 | $154,020 |
| 2019 | $2,792 | $199,313 | $59,792 | $139,521 |
| 2018 | $2,744 | $195,406 | $58,621 | $136,785 |
| 2017 | $2,713 | $191,575 | $57,472 | $134,103 |
| 2016 | $2,672 | $187,820 | $56,346 | $131,474 |
| 2015 | $2,681 | $185,000 | $55,500 | $129,500 |
| 2014 | $2,637 | $181,000 | $63,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Grant Gerhart
Seller's Agent in 2025
Grant Gerhart
Integrated Realty Group, Inc.
(949) 680-4491
27 Total Sales
-
Catherine Joubert
Seller's Agent in 2025
Catherine Joubert
Coldwell Banker Realty
(323) 428-8377
6 in this area
40 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219118056
APN: 632-131-024
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 40514 Bay Hill Way
- 40884 La Costa Cir E
- 40655 La Costa Cir E
- 77613 Burrus Ct
- 40316 Bay Hill Way
- 40985 La Costa Cir W
- 77401 Preston Trail
- 77722 Carinda Ct
- 77620 Woodhaven Dr N
- 77640 Woodhaven Dr N
- 77601 Woodhaven Dr N
- 77605 Woodhaven Dr N
- 77313 Preston Trail
- 77704 Woodhaven Dr N
- 77671 Barons Cir
- 77689 Woodhaven Dr N
- 40180 Eastwood Ln
- 40122 Baltusrol Cir
- 40649 Inverness Way
- 77766 Woodhaven Dr N Unit 353