$445,000
SOLD FEB 14, 2019

40669 Meadow Ln Palm Desert, CA 92260

3 Beds
2.5 Baths
1,962 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Secondary bathroom tub or shower combo
  • James Earl Carter Elementary School Rated A-
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of September 2020

Great starter or second home located in Monterey Meadows. This bright, cozy, private, well-maintained property features a morning sun patio in front and a sky blue pool/ spa in back. A side patio has a large built-in BBQ with plenty of room for cooking & serving. There's a fireplace in the living room featuring a vaulted ceiling. A wet bar is perfectly located between the kitchen and family room. Dining room. Granite counters in the kitchen & guest bath. Recent new foam roofing over the master bedroom & garage. Drought tolerant front yard. Quiet neighborhood. Central Palm Desert location. Minutes to shopping, dining, schools, College of the Desert, and the McCallum Theater. Quick access to I-10. Available turnkey & completely furnished. No HOA. Come see this sparkling gem.

Last Agent to Sell the Property

Robert Makohin

Coldwell Banker Realty License #01998364 Listed on: 01/06/2019

Last Buyer's Agent

Carole Stephen-Smith

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,516

Year Built

  • Built in 1986

Lot Details

  • 8,276 Sq Ft Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Vertical Blinds
  • Greenhouse Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Outdoor Features

  • Covered patio or porch
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Monterey Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 622290007

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,516

Year Built

Built in 1986

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
  • Builders Tract Code: Monterey Meadows
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Included In Sale: Turnkey. All furnishings & accessories.
  • List Price per Sq Ft: 233.94
  • Lp Sp Ratio: 0.9695
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1986
  • Listing I D: 219000609
  • 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 Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Monterey Meadows
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Wet Bar
  • Fireplace Features: Gas Log, Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower & Tub, Tile Shower
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo
  • Kitchen Features: Granite Counters, Greenhouse Window
  • Laundry: Individual Room
  • Estimated Sq Ft: 1962.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Flat, Foam, Tile
  • Built-in BBQ: Propane
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Central Air, Evaporative Cooling
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622290007
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 26, 2020
Sold by
Sovereign Jana L
Bought by
Carpenter Steven Lee and Ellery Amy Jo
Seller's Agent
Carole Stephen-Smith
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Marty Guzman
Keller Williams Realty
List Price
$554,500
Sold Price
$514,950
Premium/Discount to List
-$39,550
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$411,960
Outstanding Balance
$369,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$350,796

Purchase Details

Listed on
Jan 6, 2019
Closed on
Feb 4, 2019
Sold by
Sovereign Christopher William
Bought by
Sovereign Jana L
Seller's Agent
Robert Makohin
Coldwell Banker Realty
Buyer's Agent
Carole Stephen-Smith
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$422,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2019
Closed on
Jan 11, 2019
Sold by
Saddy Rikia M
Bought by
Sovereign Jana L
Seller's Agent
Robert Makohin
Coldwell Banker Realty
Buyer's Agent
Carole Stephen-Smith
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Saddy Edward R and Hett Marcy
Bought by
Saddy Rikia M

Purchase Details

Closed on
Feb 18, 2010
Sold by
Saddy Edward R and Hett Marcy
Bought by
Saddy Edward R and Hett Marcy

Purchase Details

Closed on
Mar 25, 2003
Sold by
Saddy Edward R and Hett Marcy A
Bought by
Saddy Edward R and Hett Marcy

Purchase Details

Closed on
Mar 3, 2003
Sold by
Rysavy Bob Lee and Rysavy Barbara Lee
Bought by
Saddy Edward R and Hett Marcy A
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 Type Sale Price Title Company
Grant Deed $515,000 Fidelity National Title Co
Interfamily Deed Transfer -- Equity Title Orange County I
Grant Deed $445,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $330,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $411,960 New Conventional
Previous Owner $362,450 New Conventional
Previous Owner $422,750 New Conventional
Previous Owner $115,850 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $699,000 -3.6% $356 / Sq Ft
04/04/2025 04/04/25 For Sale $725,000 +40.8% $370 / Sq Ft
09/23/2020 09/23/20 Sold $514,950 0.0% $262 / Sq Ft
08/20/2020 08/20/20 Price Changed $514,950 -3.7% $262 / Sq Ft
08/07/2020 08/07/20 Price Changed $534,950 -3.5% $273 / Sq Ft
07/29/2020 07/29/20 For Sale $554,500 +24.6% $283 / Sq Ft
02/14/2019 02/14/19 Sold $445,000 -3.1% $227 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $459,000 -- $234 / 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 $7,516 $535,753 $62,424 $473,329
2022 $7,112 $525,249 $61,200 $464,049
2021 $6,954 $514,950 $60,000 $454,950
2020 $6,149 $453,900 $61,200 $392,700
2019 $5,496 $400,648 $109,533 $291,115
2018 $5,382 $392,793 $107,386 $285,407
2017 $5,266 $385,092 $105,281 $279,811
2016 $5,099 $374,000 $93,000 $281,000
2015 $5,130 $370,000 $92,000 $278,000
2014 $5,023 $369,000 $92,000 $277,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219000609

California Desert Association of REALTORS®

APN: 622-290-007