NOT LISTED FOR SALE

40670 Ventana Ct Palm Desert, CA 92260

Estimated Value: $598,000 - $649,237

3 Beds
2 Baths
1,847 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $575,000 $311 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,931/month

91 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • 2 Car Attached Garage
  • James Earl Carter Elementary School Rated A-
  • High Ceiling
  • Breakfast Bar

About This Home

As of October 2022

You Want a Palm Desert Home with NO HOA, on a Corner Lot that has Mountain views with pool and spa! This 3 bedroom 2 bath home with 1847 SQFT has high ceilings and an open floor plan. The yard is perfect for Family summer fun and weekend BBQ with friends. Located on a Corner there is an extra private feel. The yard is large enough for a garden, fruit trees, doggy run or kid play area. This is the one you have been waiting to make an offer on.

Last Agent to Sell the Property

Stephen Powell

Epique Realty License #01488821 Listed on: 07/06/2022

Epique Realty

Last Buyer's Agent

James Gault

Compass License #01985784

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,100

Year Built

  • Built in 1990

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,847 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Mountain Views
  • 220 Volts In Laundry

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

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

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 622311026

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,100

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 324.80
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 1990
  • Listing I D: 219081642
  • Listing Office Address: 1160 Battery St East #100, San Francisco, CA 94111
  • Selling Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Gas Oven
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: Unknown
  • Flooring: Carpet, Mixed
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Estimated Sq Ft: 1847.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622311026
  • Irrigation: Sprinkler System
  • Lot Description: Rectangular Lot
  • Lot Size: 8276.00

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
Jul 6, 2022
Closed on
Sep 1, 2022
Sold by
Gates Bill H and Revoc Christina
Bought by
Stobart Matthew C and Stobart Dionah Ting
Seller's Agent
Stephen Powell
Epique Realty
Buyer's Agent
James Gault
Compass
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
27
Current Estimated Value
$620,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,809
Avg. Annual Appreciation
2.60%
Original Mortgage
$546,250
Outstanding Balance
$523,546
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$97,263

Purchase Details

Closed on
Mar 15, 2021
Sold by
Gates Christina L and The Bill H Gates And Christina
Bought by
Gates Christina L and The Bill H Gates And Christina

Purchase Details

Closed on
Jul 3, 2007
Sold by
Gates Christina L
Bought by
Gates Bill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.94%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Gates Bill H and Gates Christina L
Bought by
Gates Bill H and Gates Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1999
Sold by
Roederer Patricia Gayle
Bought by
Roederer Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Roederer Chris
Bought by
Gates Bill H and Gates Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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Average Value
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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
Stobart Matthew C $575,000 --
Gates Christina L -- None Available
Gates Bill H -- Lenders Choice Title Company
Gates Bill H -- Lenders Choice Title Company
Gates Bill H -- --
Gates Bill H -- Lawyers Title Company
Roederer Chris -- Orange Coast Title
Gates Bill H $204,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stobart Matthew C $546,250
Previous Owner Gates Bill H $544,185
Previous Owner Gates Bill H $162,000
Previous Owner Gates Bill H $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $575,000 -4.2% $311 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
08/21/2022 08/21/22 Price Changed $599,900 -2.4% $325 / Sq Ft
07/29/2022 07/29/22 Price Changed $614,957 -1.6% $333 / Sq Ft
07/06/2022 07/06/22 For Sale $625,000 -- $338 / 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 $8,100 $598,228 $179,471 $418,757
2023 $8,100 $575,000 $172,502 $402,498
2022 $4,272 $295,435 $73,852 $221,583
2021 $4,163 $289,643 $72,404 $217,239
2020 $4,092 $286,674 $71,662 $215,012
2019 $4,000 $281,054 $70,257 $210,797
2018 $3,927 $275,544 $68,880 $206,664
2017 $3,848 $270,142 $67,530 $202,612
2016 $3,791 $264,846 $66,206 $198,640
2015 $3,771 $260,869 $65,212 $195,657
2014 $3,571 $255,761 $63,936 $191,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219081642

California Desert Association of REALTORS®

APN: 622-311-026