$339,000 - $405,000
RENTED AUG 21, 2024

40705 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood
2 Beds
2 Baths
1,177 Sq Ft
$321 Price per Sq Ft

About This Home

Vintage Model - 2BR/2BA - 1177 sq. ft. This West facing condo is on a greenbelt close to the 17th Fairway and close to a pool. You will love this home, the tennis courts, pickleball courts, and golf course!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Fata Frank J
Bought by
Brown Patrick D
Current Estimated Value
$377,717

Purchase Details

Closed on
Sep 22, 2011
Sold by
Brown Patrick D
Bought by
Brown Patrick D

Purchase Details

Closed on
Jul 27, 2005
Sold by
Hayter William G and Hayter Jennifer Lee
Bought by
Hayter William Gordon and Hayter Jennifer Lee Farmer

Purchase Details

Closed on
Mar 28, 2002
Sold by
Fata Frank J and Brown Kristin J
Bought by
Fata Frank J and Brown Kristin J

Purchase Details

Closed on
Jan 29, 1997
Sold by
Fata Frank D and Fata Brown D
Bought by
Fata Frank J and Brown Kristin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1994
Sold by
Brown Patrick D and Goodhue Willard W
Bought by
Fata Frank and Brown Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,259
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1993
Sold by
Brown Patrick Dennis and Brown Glenda E
Bought by
Brown Patrick D
Source: Public Records

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
Brown Patrick D $29,000 None Available
Brown Patrick D -- None Available
Hayter William Gordon -- --
Fata Frank J -- --
Fata Frank J -- First American Title Ins Co
Fata Frank -- Fidelity Title
Brown Patrick D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fata Frank J $70,000
Previous Owner Fata Frank $69,259
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Rented $3,195 +1.6% --
08/15/2023 08/15/23 Price Changed $3,145 +50.1% $3 / Sq Ft
05/23/2023 05/23/23 For Rent $2,095 -- --

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 $2,914 $197,104 $55,433 $141,671
2022 $2,762 $193,241 $54,347 $138,894
2021 $2,693 $189,453 $53,282 $136,171
2020 $2,648 $187,511 $52,736 $134,775
2019 $2,604 $183,835 $51,703 $132,132
2018 $2,560 $180,232 $50,691 $129,541
2017 $2,532 $176,699 $49,698 $127,001
2016 $2,497 $173,235 $48,724 $124,511
2015 $2,504 $170,635 $47,993 $122,642
2014 $2,468 $167,294 $47,053 $120,241
Source: Public Records

Agents Affiliated with this Home

  • Damien Melle

    Seller's Agent in 2024

    Damien Melle

    MODERN REAL ESTATE SHOP

    (909) 971-4157

    6 Total Sales

    Section Image
See All Agents

Map

California Riverside County Palm Desert 92211 Palm Desert Country

40705 Inverness Way, Palm Desert, CA

This home is located at 40705 Inverness Way, Palm Desert, CA 92211 and is currently estimated at $377,717, approximately $320 per square foot. 40705 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.

Nearby Homes