NOT LISTED FOR SALE

40697 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $303,000 - $415,000

2 Beds
2 Baths
1,177 Sq Ft
$515/mo HOA Fee

Last Sold March 30, 2021

Last sale price $275,000 $234 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,959/month

48 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Golf Course View
  • Palm Desert High School Rated A
  • Gated Community
  • Community Lake

About This Home

As of March 2021

Beautifully remodeled Vintage floorplan ready to move in to, for your seasonal renter or your long weekend desert get away. Located on the greenbelt but still has golf course views. The opened up, remodeled kitchen has upgraded cabinets with pull out shelves, stainless appliances and beautiful contemporary counter tops. Master bedroom has closed off owners closet with extra storage. Both bedrooms have sliders that lead to the rear patio that is perfect for entertaining. Both bathrooms have been remodeled with slab granite showers, countertops and newer vanities. Laundry closet has also been expanded for lots of extra storage. Offered turnkey furnished with a few exclusions. Palm Desert Resort CC has an 18 hole championship golf course, 20 saltwater pools & spas, lighted tennis/pickle ball courts. Clubhouse has a formal dining, lounge & pro shop.

Last Agent to Sell the Property

Erinn Frisbie

Coldwell Banker Realty License #01857260 Listed on: 01/29/2021

Co-Listed By

Michael Horne

Coldwell Banker Realty License #01701660

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1981

Lot Details

  • 2,614

HOA Fees

Property Views

  • Golf Course
  • Park or Greenbelt

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Great Room
  • Utility Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 4 Car Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 632180037

Community Details

Overview

  • Association fees include clubhouse, trash, security, maintenance paid, insurance, cable TV
  • Palm Desert Resort Country Club Subdivision
  • Community Lake
  • Greenbelt
  • Planned Unit Development

Amenities

  • Banquet Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,200

Year Built

Built in 1981

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: Turnkey furnished - exclusions list will be provided
  • List Price per Sq Ft: 245.54
  • Lp Sp Ratio: 0.9500
  • View Type: Golf Course, Park/Green Belt
  • Year Built: 1981
  • Co Listing Office Address: 39620 Washington St., Ste A, Palm Desert, CA 92211
  • Listing I D: 219056478
  • Listing Office Address: 39620 Washington St., Ste A, Palm Desert, CA 92211
  • Selling Office Address: 43950 Margarita Road, Suite E, TEMECULA, CA 92592
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1177.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash, Security, Maintenance Paid, Insurance, Cable TV
  • Association Amenities: Banquet Facilities, Tennis Courts, Sport Court, Management, Lake or Pond, Greenbelt/Park, Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 470.00
  • HOA Fee 2: 44.60
  • Total Monthly Association Fees: 515.00

Lot Info

  • Assessor Parcel Number: 632180037
  • Lot Size: 2614.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 24, 2021
Sold by
Zakar Peter G
Bought by
Zakar Kim A
Seller's Agent
Erinn Frisbie
Coldwell Banker Realty
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$375,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,881
Avg. Annual Appreciation
7.58%
Original Mortgage
$261,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 8, 2021
Sold by
Zakar Kim A and Krajewski Kim A
Bought by
Donnelly Betty J
Seller's Agent
Erinn Frisbie
Coldwell Banker Realty
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Krajewski Allen F
Bought by
Krajewski Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2000
Sold by
Leigh Michael and Leigh Vivienne
Bought by
Krajewski Allen F and Krajewski Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1998
Sold by
Mccrosky John E and Mccrosky Toni M
Bought by
Leigh Dr Michael and Leigh Vivienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 26, 1994
Sold by
Buxton David E
Bought by
Mccrosky John E and Mccrosky Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Palm Desert, CA

  • 126 Avellino Cir, Palm Desert, CA 92211

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,044 Sq Ft
    • 126 Avellino Cir
    • Palm Desert, CA

    This cozy one-level 2-bedroom, 2-bathroom condo is in the Desert Falls Country Club. This cottage-style condo is in a great location near a charming pond and tennis and pickle-ball courts. The kitchen features granite counters, a stainless-steel built-in microwave, refrigerator, and Maytag stainless-steel dishwasher with views to the courtyard and mountain landscape. This home is equipped with

    Alex Jay RE/MAX Desert Properties

    Section Image
  • 130 Don Miguel Cir, Palm Desert, CA 92260

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • 130 Don Miguel Cir
    • Palm Desert, CA

    Welcome to 130 Don Miguel Circle, a charming and meticulously maintained 2-bedroom, 2-bathroom home in Monterey Country Club. Spanning 1347 square feet, this residence boasts a newer AC and water heater, upgraded tile flooring, and a fully furnished interior. The open kitchen, washer/dryer in unit, and private outdoor space make for convenient living, while the garage and parking add extra ease.

    Norman Williams Compass

    Section Image
  • 40553 Pebble Beach Cir, Palm Desert, CA 92211

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • 40553 Pebble Beach Cir
    • Palm Desert, CA

    Welcome to Palm Desert Resort Country Club, a guard gated community featuring an 18-hole golf course, tennis and pickleball courts, and a clubhouse. This charming home offers 2 Primary Bedroom Suites, each with private bathrooms and tranquil views patio & greenbelt. The Living Room and dining area showcase vaulted ceilings and extend seamlessly to the peaceful outdoor space. Remodeled Kitchen

    Jeffrey Johnson Berkshire Hathaway HomeServices California Properties

    Section Image
  • 40994 Sea Island Ln, Palm Desert, CA 92211

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • 40994 Sea Island Ln
    • Palm Desert, CA

    Views, Views, Views. Premium location with absolutely fabulous views in the heart of guard gated Palm Desert Resort Country Club. This highly desirable south facing condo is elevated with mountain views, overlooking the golf course, water ponds, & clubhouse. The well laid out Vintage plan has 2 bedrooms and 2 bathrooms, separated by an open living area. The living area & both bedrooms have

    Kimberly Jones HomeSmart

    Section Image
  • 40655 La Costa Cir E, Palm Desert, CA 92211

    $345,000

    • 1 Bed
    • 1 Bath
    • 821 Sq Ft
    • 40655 La Costa Cir E
    • Palm Desert, CA

    Step into resort-style living at its finest in this beautifully upgraded and fully furnished unit located in the heart of Palm Desert Resort Country Club. From the moment you enter, you'll be struck by the tasteful finishes, custom focal wall, and the seamless flow of modern comfort and desert charm.This turnkey unit features a newly remodeled kitchen and bathroom with sleek finishes and all new

    Marlene Ruttenberg Desert Properties Realtors

    Section Image
  • 40165 Baltusrol Cir, Palm Desert, CA 92211

    $400,000

    • 2 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • 40165 Baltusrol Cir
    • Palm Desert, CA

    Your desert oasis awaits! This turnkey, single-level condo in guard-gated Palm Desert Resort Country Club offers breathtaking golf course and mountain views. Enjoy an open-concept living space with high ceilings, an updated kitchen, and two spacious bedrooms. The primary ensuite features a relaxing two-person jetted tub. Indoor laundry adds convenience.Sliders from the living room and both

    Jennifer Christenot Fathom Realty Group Inc.

    Section Image
  • 40513 Bay Hill Way, Palm Desert, CA 92211

    $327,000

    • 2 Beds
    • 1.5 Baths
    • 938 Sq Ft
    • 40513 Bay Hill Way
    • Palm Desert, CA

    Welcome to this beautiful two bedroom 1 full bath and 1.5 bath in Palm Desert Resorter. This condo offers the flexibility to do short term rentals and live in it full time. The home is near the freeway and has mountain views and a perfect backyard to entertain your guests.

    Martha Grijalva The Sweet Escape Team

    Section Image
  • 41351 Kansas St, Palm Desert, CA 92211

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,360 Sq Ft
    • 41351 Kansas St
    • Palm Desert, CA

    Welcome to 41351 Kansas Street, located behind the gates of the Palm Desert Resort Country Club. 'PDR' is home of the largest pickleball club in the Coachella Valley featuring 28 pickleball courts. This west facing Champion floor plan is one of the most coveted models in the community featuring 2 bedrooms plus a den, frequently used as a third bedroom or office, 2 baths, vaulted ceilings,

    Lillian Barrett First Team Real Estate North Tustin

    Section Image
  • 77171 Preston Trail, Palm Desert, CA 92211

    $379,900

    • 2 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • 77171 Preston Trail
    • Palm Desert, CA

    Palm Desert Resort - The crown jewel of this beautifully upgraded 2-bed, 2-bath Vintage floorplan is the oversized, south-facing patio that is tile-covered with dual awnings and breathtaking golf course and mountain views. Both generously sized bedrooms feel like suites, with king-size beds (one an adjustable Tempur-Pedic), massive walk-in closets, and private sliding doors to the patio. Primary

    Erinn Frisbie Compass

    Section Image
See All Homes in Palm Desert

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zakar Kim A -- Equity Title
Donnelly Betty J $295,000 Equity Title Orange County
Krajewski Kim A -- North American Title Co
Krajewski Allen F $141,000 First American Title Co
Leigh Dr Michael $97,000 First American Title Ins Co
Mccrosky John E $102,000 First American Title Ins Co
Buxton David E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donnelly Betty J $261,250
Previous Owner Krajewski Kim A $135,000
Previous Owner Krajewski Allen F $133,950
Previous Owner Leigh Dr Michael $77,600
Previous Owner Mccrosky John E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $275,000 -4.8% $234 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $289,000 -- $246 / 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 $4,200 $306,916 $76,730 $230,186
2022 $3,995 $300,899 $75,226 $225,673
2021 $2,776 $196,259 $49,060 $147,199
2020 $2,730 $194,247 $48,557 $145,690
2019 $2,684 $190,439 $47,605 $142,834
2018 $2,639 $186,706 $46,672 $140,034
2017 $2,609 $183,046 $45,757 $137,289
2016 $2,572 $179,458 $44,860 $134,598
2015 $2,579 $176,764 $44,187 $132,577
2014 $2,542 $173,303 $43,322 $129,981
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Erinn Frisbie

    Coldwell Banker Realty

  • M

    Seller Co-Listing Agent in 2021

    Michael Horne

    Coldwell Banker Realty

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219056478

California Desert Association of REALTORS®

APN: 632-180-037

California Riverside County Palm Desert 92211 Palm Desert Country

40697 Inverness Way, Palm Desert, CA

This home is located at 40697 Inverness Way, Palm Desert, CA 92211 since 29 January 2021 and is currently estimated at $375,881, approximately $319 per square foot. This property was built in 1981. 40697 Inverness Way is a home located in Riverside County with nearby schools including Ronald Reagan Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

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.

California Desert Association of REALTORS® 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