NOT LISTED FOR SALE

40697 Meadow Ln Palm Desert, CA 92260

Estimated Value: $617,000 - $736,000

3 Beds
2.5 Baths
1,720 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $619,000 $360 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,294/month

34 Days on Market

Highlights

  • Pebble Pool Finish
  • Mountain View
  • Tile Flooring
  • James Earl Carter Elementary School Rated A-
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Furnished completely with only a couple of personal esceptions. Solar is in and paid so NO electric bills.Fabulous pool and spa and all new landscaping with wonderful mountain views.

Last Agent to Sell the Property

Carole Stephen-Smith

Windermere Homes & Estates License #00887252 Listed on: 03/18/2021

Last Buyer's Agent

Carole Smith

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,422

Year Built

  • Built in 1986

Lot Details

  • 8,276 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Pebble Pool Finish
  • Heated Spa
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Community Details

  • Monterey Meadows Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 622290006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,422

Year Built

Built in 1986

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
  • Included In Sale: everything you see except the above mentioned
  • List Price per Sq Ft: 377.91
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Year Built: 1986
  • Listing I D: 219059123
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • 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

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1720.00

Exterior Features

  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: In Street Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622290006
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 8276.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Otis Arlene G
Bought by
Ago Trust and Otis
Current Estimated Value
$679,525

Purchase Details

Closed on
Sep 28, 2022
Sold by
Pires Anthony M
Bought by
Otis Arlene G

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 16, 2021
Sold by
Mcgrew John M and Mcgrew Rita I
Bought by
Pires Anthony M and Otis Arlene G
Seller's Agent
Carole Stephen-Smith
Windermere Homes & Estates
Buyer's Agent
Carole Smith
List Price
$650,000
Sold Price
$619,000
Premium/Discount to List
-$31,000
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Dec 15, 2020
Sold by
Connell Iii William L O
Bought by
Mcgrew John M and Mcgrew Rita I

Purchase Details

Closed on
Mar 26, 2008
Sold by
Barrett John C and Broughten Barrett Yvonne L
Bought by
Oconnell William L

Purchase Details

Closed on
Sep 13, 2005
Sold by
Barrett John C
Bought by
Barrett John C and Broughten Barrett Yvonne L

Purchase Details

Closed on
Nov 2, 2004
Sold by
Barrett Yvonne L
Bought by
Barrett John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Rifkin Robert G
Bought by
Barrett John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1996
Sold by
Ruby Gayle E
Bought by
Ruby Nate and Ruby Ruth

Purchase Details

Closed on
Aug 9, 1996
Sold by
Ruby Nate and Ruby Ruth
Bought by
Ruby Nate and Ruby Ruth
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
Ago Trust -- None Listed On Document
Otis Arlene G -- None Listed On Document
Pires Anthony M $619,000 Fidelity National Title Ie
Mcgrew John M $500,000 Fidelity National Title
Oconnell William L $412,500 Multiple
Barrett John C -- --
Barrett John C -- First American Title Co
Barrett John C $380,000 First American Title Co
Ruby Nate -- --
Ruby Nate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrett John C $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $619,000 -4.8% $360 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $650,000 -- $378 / 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 $8,422 $637,074 $159,265 $477,809
2023 $8,422 $594,679 $148,663 $446,016
2022 $7,765 $631,379 $157,847 $473,532
2021 $6,410 $467,900 $140,370 $327,530
2020 $5,742 $417,768 $125,330 $292,438
2019 $5,587 $405,600 $121,680 $283,920
2018 $5,364 $390,000 $117,000 $273,000
2017 $5,123 $372,000 $112,000 $260,000
2016 $5,090 $372,000 $112,000 $260,000
2015 $4,824 $344,000 $103,000 $241,000
2014 $4,789 $350,000 $105,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219059123

California Desert Association of REALTORS®

APN: 622-290-006