NOT LISTED FOR SALE

40746 Palm Ct Palm Desert, CA 92260

Estimated Value: $684,000 - $916,000

4 Beds
3.5 Baths
2,873 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $551,000 $192 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,008/month

46 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Fireplace in Bathroom
  • James Earl Carter Elementary School Rated A-
  • Peek-A-Boo Views
  • Main Floor Primary Bedroom

About This Home

As of January 2020

Priced to sell at $191/sqft this ''model-like'' home has it all, including NO HOA! Located in the heart of Palm Desert, just minutes from Bristol Farms, Starbucks, Albertsons, and many shops and restaurants. This property is in immaculate condition, with granite counters, a cozy double-sided fireplace in your Master, 9 1/2 foot ceilings, recessed lighting through-out, French doors throughout, pristine 3-car garage, wet bar, 3 en suite bedrooms plus a large cinema/ bonus room, and so much more. The east-facing yard boasts an elevated spa and underground pool, access to the spa from the Master bedroom, and gorgeous wall-to-wall hedges that create ultimate privacy and ambiance. This property is a must see...Get it before it goes!

Last Agent to Sell the Property

Anne Hug

Bennion Deville Homes License #01932080 Listed on: 11/21/2019

Last Buyer's Agent

Greg Read

Compass License #01434669

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,106

Year Built

  • Built in 2002

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Home has East and West Exposure
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back Yard

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Slab Foundation

Interior Spaces

  • 2,873 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Door Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Room
  • Convection Oven
  • Gas Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Fireplace in Bathroom
  • Double Vanity
  • Secondary bathroom tub or shower combo

Parking

  • 3 Car Attached Garage
  • 3 Carport Spaces
  • Garage Door Opener
  • Driveway

Pool

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

Location

  • Ground Level

Utilities

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

Community Details

  • Hovley Palms Subdivision
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 62231046

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,106

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: Ground
  • Building Number Of Stories: 2
  • Entry Location: Main Level
  • Included In Sale: Fridge
  • List Price per Sq Ft: 191.09
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 2002
  • Listing I D: 219035417
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 424-3917
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Office Address: 50855 Washington St. Ste C-260, La Quinta, CA 92253
  • Selling Office Fax: (760) 776-1397
  • Land Type: Fee
  • Subdivision: Hovley Palms
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave Oven, Refrigerator
  • Appliances Other: wet bar
  • Fireplace: Yes
  • Fireplace Location: Bath, Living Room, Master Retreat
  • Fireplace Features: Gas & Wood, Glass Doors
  • Flooring: Carpet, Tile
  • Bedroom Features: Main Floor Master Bedroom, Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Powder Room, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2873.00

Exterior Features

  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Carport Spaces: 3.00
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 12.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 62231046
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.1800
  • Lot Description: Back Yard
  • Lot Location: Cul-De-Sac
  • Lot Size: 7841.00

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
Nov 21, 2019
Closed on
Dec 31, 2019
Sold by
Zack Adam M
Bought by
Miller Laurel
Seller's Agent
Anne Hug
Bennion Deville Homes
Buyer's Agent
Greg Read
Compass
List Price
$549,000
Sold Price
$551,000
Premium/Discount to List
$2,000
0.36%
Current Estimated Value
$826,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,029
Avg. Annual Appreciation
7.23%
Original Mortgage
$439,800
Outstanding Balance
$388,581
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$437,448

Purchase Details

Closed on
Apr 13, 2007
Sold by
Zack Adam M
Bought by
Zack Adam M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2007
Sold by
Zack Adam M and Zack Laura A
Bought by
Zack Adam M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Zack Adam M
Bought by
Zack Adam M and Zack Laura A

Purchase Details

Closed on
Jul 9, 2003
Sold by
Zack Laura A
Bought by
Zack Adam M

Purchase Details

Closed on
Mar 29, 2003
Sold by
J D Desert Development Inc
Bought by
Zack Adam M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,900
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2000
Sold by
Hartel Llc
Bought by
J D Desert Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
5.86%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 18, 2000
Sold by
Norris Don B and Norris Karen R
Bought by
Hartel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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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
Miller Laurel $551,000 Lawyers Title Company
Zack Adam M -- Lawyers Title Company
Zack Adam M -- Financial Title Company
Zack Adam M -- None Available
Zack Adam M -- --
Zack Adam M -- Commonwealth Land Title Co
Zack Adam M $430,000 Commonwealth Land Title Co
J D Desert Development Inc $86,500 Commonwealth Land Title Co
Hartel Llc $1,200,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Laurel $439,800
Previous Owner Zack Adam M $318,000
Previous Owner Zack Adam M $329,900
Previous Owner J D Desert Development Inc $293,000
Previous Owner Hartel Llc $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $551,000 +0.4% $192 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $549,000 0.0% $191 / Sq Ft
04/13/2018 04/13/18 Rented $2,950 0.0% --
04/13/2018 04/13/18 Under Contract -- -- --
03/08/2018 03/08/18 Price Changed $2,950 -6.3% $1 / Sq Ft
12/03/2017 12/03/17 For Rent $3,150 +21.2% --
09/15/2013 09/15/13 Rented $2,600 0.0% --
09/04/2013 09/04/13 Under Contract -- -- --
08/27/2013 08/27/13 For Rent $2,600 -- --
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 $8,106 $602,593 $65,616 $536,977
2023 $8,106 $579,196 $63,069 $516,127
2022 $7,762 $567,840 $61,833 $506,007
2021 $7,588 $556,707 $60,621 $496,086
2020 $7,635 $558,871 $139,712 $419,159
2019 $7,412 $547,914 $136,973 $410,941
2018 $7,204 $537,172 $134,288 $402,884
2017 $7,055 $526,640 $131,655 $394,985
2016 $6,886 $516,315 $129,074 $387,241
2015 $6,931 $508,561 $127,136 $381,425
2014 $6,694 $498,601 $124,647 $373,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219035417

California Desert Association of REALTORS®

APN: 622-311-046