NOT LISTED FOR SALE

40751 Clover Ln Palm Desert, CA 92260

Estimated Value: $604,000 - $756,000

3 Beds
2.5 Baths
2,000 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $735,000 $368 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,475/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Corner Lot
  • James Earl Carter Elementary School Rated A-
  • Contemporary Architecture
  • Lawn

About This Home

As of May 2023

Bright. Open. Spacious. Located within the highly desirable Monterey Meadows area of Palm Desert, this beautiful corner lot pool home is surrounded by gorgeous mountain views. Past the long driveway and landscaped front yard, enter to an open airy living space with neutral tile flooring, vaulted ceilings, cozy fireplace, and stylish wet bar. Take a moment to enjoy the wall of colorful bougainvillea that surrounds a large pool and spill over spa directly ahead through one of the five sliding glass doors... all of which lead to an expansive grassy backyard and allow in lots of natural light. Perfect for entertaining! Great layout and flow with flexibility to use various spaces to fit your lifestyle. Please review 3D tour and floor plan for more details. Home features a light & bright kitchen, formal dining area, breakfast nook/den, primary bedroom with en-suite bathroom & huge closet, two secondary bedrooms (one currently being used as a den), and two additional bathrooms. No HOA's. Wonderful location... minutes to shopping, dining, golfing, and all the desert has to offer!

Last Agent to Sell the Property

Jennifer Hein

Realty Executives Homes License #02034166 Listed on: 04/06/2023

Realty Executives Homes

Last Buyer's Agent

Jennifer Hein

Realty Executives Homes License #02034166 Listed on: 04/06/2023

Realty Executives Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,004

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Lawn

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 622-290-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,004

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Builders Tract Code: 3520
  • Living Area: 2000
  • Lot Acreage: 0.2000
  • Stories: 1
  • Year Built: 1988
  • Builders Tract Name: Monterey Meadows
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Family Room, Dining Area, Breakfast Nook
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Dryer, Washer, Refrigerator, Recirculated Exhaust Fan, Range/Oven, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 350.00

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Patio: Covered, Covered Porch, Porch - Front
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: In Ground, Heated, Hot Tub, Private
  • Spa Yn: Yes
  • View: Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Direct Entrance, Door Opener, Driveway, Garage Is Attached
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Fireplace, Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 622-290-024
  • Lot Description: Yard, Front Yard, Fenced Yard, Landscaped, Lawn
  • Lot Location: Corner Lot
  • Lot Size Area: 8712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 18, 2023
Sold by
Swidler Marit
Bought by
Velasco Carlos Francis and Velasco Ann Clark
Seller's Agent
Jennifer Hein
Realty Executives Homes
Buyer's Agent
Jennifer Hein
Realty Executives Homes
List Price
$700,000
Sold Price
$735,000
Premium/Discount to List
$35,000
5%
Views
34
Current Estimated Value
$694,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,704
Avg. Annual Appreciation
-2.29%
Original Mortgage
$698,250
Outstanding Balance
$677,828
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$16,468
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
Velasco Carlos Francis $735,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasco Carlos Francis $698,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $735,000 +5.0% $368 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $700,000 -- $350 / Sq Ft
Source: The MLS

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 $10,004 $764,692 $229,410 $535,282
2023 $10,004 $346,269 $72,121 $274,148
2022 $4,837 $339,480 $70,707 $268,773
2021 $4,756 $332,824 $69,321 $263,503
2020 $4,670 $329,413 $68,611 $260,802
2019 $4,584 $322,955 $67,267 $255,688
2018 $4,504 $316,624 $65,949 $250,675
2017 $4,405 $310,416 $64,656 $245,760
2016 $4,301 $304,331 $63,389 $240,942
2015 $4,306 $299,762 $62,438 $237,324
2014 $4,097 $293,892 $61,216 $232,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-257409

The MLS

APN: 622-290-024