NOT LISTED FOR SALE

40724 Clover Ln Palm Desert, CA 92260

Estimated Value: $594,000 - $723,447

3 Beds
2.5 Baths
2,300 Sq Ft
$292/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $690,000 $300 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,335/month

71 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Traditional Architecture
  • James Earl Carter Elementary School Rated A-
  • Mountain View
  • High Ceiling

About This Home

As of June 2023

MOTIVATED SELLER PRICED TO SELL!! Terrific location in the wonderful Monterey Meadows subdivision. This immaculate three-bedroom, three-bath plus den residence is perfect in every way. The home is loaded with upgrades including granite kitchen with stainless appliances; great room with granite surround fireplace; dining area with custom buffet, built-in bar with glass shelves; and separate laundry room with washer/dryer. The primary suite is large and bright with seating area as well as opening to the den which can be used as an office. Two guest bedrooms share a bath and there is a powder room off the formal entry. From the kitchen there is direct access to the two-car garage. The rear patio is ideal for entertaining with a Pebble Tec pool and spa as well as spectacular south mountain views. Sitting approximately eight feet above the neighboring residences to the south and east, the home has great privacy. Conveniently located near great shopping, College of the Desert, entertainment, and the wonderful restaurant scene, don't miss this opportunity. Some photos have been virtually staged.

Last Agent to Sell the Property

Gregg Fletcher

Compass License #01070310 Listed on: 03/14/2023

Compass

Last Buyer's Agent

Jennifer Lorenzana

Jennifer J. Lorenzana License #01881509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,771

Year Built

  • Built in 1988

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Sprinklers on Timer

Property Views

  • Mountain
  • Pool

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Area
  • Den
  • Security System Owned

Kitchen

  • Breakfast Room
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Tile Bathroom Countertop
  • Double Vanity
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Community Details

  • Monterey Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 622290042

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,771

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • List Price per Sq Ft: 300.00
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Water District Name: Coachella Valley Water District
  • Year Built: 1988
  • Listing I D: 219092159
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 5117 Townsend Ave., Los Angeles, CA 90041
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Monterey Meadows
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Recessed Lighting, High Ceilings (9 Ft+), Bar
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Tile Counters, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2300.00

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 622290042
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Jun 1, 2023
Sold by
Cruz Juanito B
Bought by
Quimson-Cruz Rosemarie R
Seller's Agent
Gregg Fletcher
Compass
Buyer's Agent
Jennifer Lorenzana
Jennifer J. Lorenzana
List Price
$770,000
Sold Price
$690,000
Premium/Discount to List
-$80,000
-10.39%
Views
139
Current Estimated Value
$671,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,638
Avg. Annual Appreciation
-1.14%
Original Mortgage
$552,000
Outstanding Balance
$537,239
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$134,123

Purchase Details

Listed on
Mar 14, 2023
Closed on
May 11, 2023
Sold by
Welsh Eva
Bought by
Rescigno Anthony Julius and Rescigno Mariquit Bauza
Seller's Agent
Gregg Fletcher
Compass
Buyer's Agent
Jennifer Lorenzana
Jennifer J. Lorenzana
List Price
$770,000
Sold Price
$690,000
Premium/Discount to List
-$80,000
-10.39%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$537,239
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$134,123
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
Quimson-Cruz Rosemarie R -- None Listed On Document
Quimson-Cruz Rosemarie R -- None Listed On Document
Rescigno Anthony Julius $690,000 Western Resources
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quimson-Cruz Rosemarie R $552,000
Closed Rescigno Anthony Julius $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $690,000 0.0% $300 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $690,000 -10.4% $300 / Sq Ft
03/14/2023 03/14/23 For Sale $770,000 -- $335 / 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 $9,771 $717,874 $215,366 $502,508
2023 $9,771 $396,769 $72,122 $324,647
2022 $5,653 $388,990 $70,708 $318,282
2021 $5,379 $381,364 $69,322 $312,042
2020 $5,283 $377,455 $68,612 $308,843
2019 $5,183 $370,055 $67,267 $302,788
2018 $5,090 $362,800 $65,949 $296,851
2017 $4,975 $355,687 $64,656 $291,031
2016 $4,853 $348,714 $63,389 $285,325
2015 $4,851 $343,478 $62,438 $281,040
2014 $4,539 $336,752 $61,216 $275,536
Source: Public Records

Agents Affiliated with this Home

  • Gregg Fletcher

    Seller's Agent in 2023

    Gregg Fletcher

    Compass

    (760) 844-0110

    57 Total Sales

    Gregg Fletcher
    Section Image

  • J

    Buyer's Agent in 2023

    Jennifer Lorenzana

    Jennifer J. Lorenzana

    (310) 779-1065

    1 Total Sale

    Jennifer Lorenzana
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219092159

California Desert Association of REALTORS®

APN: 622-290-042

California Riverside County Palm Desert 92260

40724 Clover Ln, Palm Desert, CA

This home is located at 40724 Clover Ln, Palm Desert, CA 92260 since 14 March 2023 and is currently estimated at $671,362, approximately $291 per square foot. This property was built in 1988. 40724 Clover Ln is a home located in Riverside County with nearby schools including James Earl Carter 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