NOT LISTED FOR SALE

40750 Clover Ln Palm Desert, CA 92260

Estimated Value: $552,000 - $704,000

3 Beds
2.5 Baths
2,000 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $370,000 $185 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,157/month

124 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Attached Garage
  • Central Air
  • James Earl Carter Elementary School Rated A-
  • Tile Flooring

About This Home

As of May 2015

Beautiful home located in the Hovley area on a cul-de-sac.Large Corner Lot with Pool and Spa. Will soon have new carpet.

Last Agent to Sell the Property

Greg Norris

Listed on: 12/10/2014

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,092

Year Built

  • Built in 1988

Lot Details

  • 8,712

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • 8,712 Sq Ft Lot
  • Central Air

Community Details

  • Monterey Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 622290043

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,092

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Builders Tract Code: Monterey Meadows
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 185.00
  • Lp Sp Ratio: 1.0000
  • Year Built: 1988
  • Listing I D: 214087928
  • Listing Member Address: 1845 Chicago Ave., Ste. C, Riverside, CA 92507
  • Listing Office Address: 1845 Chicago Ave., Ste. C, Riverside, CA 92507
  • Listing Office Fax: (951) 780-5856
  • Selling Office Address: 1845 Chicago Ave., Ste. C, Riverside, CA 92507
  • Selling Office Fax: (951) 780-5856
  • Land Type: Fee
  • Subdivision: Monterey Meadows
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2000.00

Exterior Features

  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 622290043
  • Lot Acres: 0.2000
  • Lot Size: 8712.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2014
Closed on
Apr 21, 2015
Sold by
Norris Group Community Reinvestment Lp
Bought by
Kluth Richard S and Landherr Timothy A
Seller's Agent
Greg Norris
Buyer's Agent
Unknown Member
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$648,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,155
Avg. Annual Appreciation
5.54%
Original Mortgage
$361,568
Outstanding Balance
$277,122
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$371,033

Purchase Details

Closed on
Dec 12, 2014
Sold by
Smith Carole
Bought by
Norris Group Community Reinvestment Lp

Purchase Details

Closed on
Feb 8, 2008
Sold by
Smith Carole M
Bought by
Smith Carole M and The Carole M Smith Living Trust

Purchase Details

Closed on
Jan 9, 2007
Sold by
Smith Colin
Bought by
Smith Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2007
Sold by
Bullas Stuart and Bullas Carol
Bought by
Smith Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2003
Sold by
Kim Chun Y and Kim Chun Young
Bought by
Bullas Stuart and Bullas Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kluth Richard S $370,000 First American Title Company
Norris Group Community Reinvestment Lp $293,000 First American Title Company
Smith Carole M -- Accommodation
Smith Carole -- Chicago Title Company
Smith Carole $460,000 Chicago Title Company
Bullas Stuart $289,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kluth Richard S $361,568
Previous Owner Smith Carole $345,000
Previous Owner Bullas Stuart $231,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $370,000 0.0% $185 / Sq Ft
12/10/2014 12/10/14 For Sale $370,000 -- $185 / 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 $9,092 $444,671 $133,397 $311,274
2023 $9,092 $427,406 $128,218 $299,188
2022 $8,687 $419,026 $125,704 $293,322
2021 $8,406 $410,811 $123,240 $287,571
2020 $8,302 $406,600 $121,977 $284,623
2019 $8,195 $398,629 $119,586 $279,043
2018 $8,095 $390,814 $117,243 $273,571
2017 $7,973 $383,152 $114,945 $268,207
2016 $5,262 $375,641 $112,692 $262,949
2015 $4,316 $293,000 $88,000 $205,000
2014 -- $373,000 $93,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Greg Norris

  • U

    Buyer's Agent in 2015

    Unknown Member

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214087928

California Desert Association of REALTORS®

APN: 622-290-043

California Riverside County Palm Desert 92260

40750 Clover Ln, Palm Desert, CA

This home is located at 40750 Clover Ln, Palm Desert, CA 92260 since 10 December 2014 and is currently estimated at $648,155, approximately $324 per square foot. This property was built in 1988. 40750 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.

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