NOT LISTED FOR SALE

40819 Schafer Place Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $390,000 - $463,000

3 Beds
2 Baths
1,108 Sq Ft
$388/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $385,000 $347 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,737/month

About This Home

As of March 2023

Welcome to 40819 Schafer Place, a 3-Bedroom (3rd BR is being used as a den) house, in the beautiful gated community of Golden sun Estates! The warm covered entry leads you to an open floor plan that is warm and comfortable. The elegant living room features a tiled fireplace, cathedral ceilings and an abundance of natural light. The upgraded kitchen boasts custom cabinets and granite counter tops. The dining area slider opens to the large covered back patio. The spacious master suite offers both a walk-in closet and a separate wardrobe closet; an access to the back patio; and an updated dual-vanity bathroom. The second bedroom has a large closet. The bonus room with built in cabinetry could be used as an office, den or perhaps a third bedroom. The large back patio is tiled and covered, extending the length of the house, and providing a great area for entertaining or relaxing while enjoying the outdoors. The over-sized two car garage includes a storage area as wells ample cabinets, providing additional storage. Enjoy the amenities in the gated community of Golden Sun Estates, including two community pools & spas, a tennis and basketball court and a clubhouse. Conveniently close to shopping, restaurants, and the Indian Wells Tennis Gardens.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 14, 2023
Sold by
Agostino Joseph A
Bought by
Rastegar Andrew A and Rastegar Tala
Seller's Agent
Kimberly Rogers
Coldwell Banker Realty
Buyer's Agent
Jeff Marandi
Re/Max Premier Realty
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Views
71
Current Estimated Value
$429,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,459
Avg. Annual Appreciation
4.89%
Original Mortgage
$268,800
Outstanding Balance
$259,764
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$169,695

Purchase Details

Closed on
Jan 20, 2010
Sold by
Agostino Joseph A and Agostino Janet E
Bought by
Agostino Joseph A and Agostino Janet E
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
Rastegar Andrew A $385,000 --
Agostino Joseph A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rastegar Andrew A $268,800
Previous Owner Agostino Joseph A $480,000
Previous Owner Agostino Joseph A $30,000
Previous Owner Agostino Joseph A $107,100
Previous Owner Agostino Joseph A $81,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Rented $2,200 0.0% --
05/04/2023 05/04/23 Under Contract -- -- --
04/27/2023 04/27/23 Price Changed $2,200 -8.3% $2 / Sq Ft
04/17/2023 04/17/23 Price Changed $2,400 -4.0% $2 / Sq Ft
04/10/2023 04/10/23 Price Changed $2,500 -3.8% $2 / Sq Ft
03/14/2023 03/14/23 Price Changed $2,600 -5.5% $2 / Sq Ft
03/08/2023 03/08/23 For Rent $2,750 0.0% --
03/01/2023 03/01/23 Sold $385,000 -1.0% $347 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $389,000 -- $351 / Sq Ft

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 $5,501 $180,330 $54,092 $126,238
2022 $2,632 $176,795 $53,032 $123,763
2021 $2,544 $173,330 $51,993 $121,337
2020 $2,504 $171,553 $51,460 $120,093
2019 $2,460 $168,190 $50,451 $117,739
2018 $2,417 $164,893 $49,463 $115,430
2017 $2,387 $161,661 $48,494 $113,167
2016 $2,350 $158,493 $47,544 $110,949
2015 $2,346 $156,115 $46,831 $109,284
2014 $2,209 $153,059 $45,914 $107,145
Source: Public Records

Agents Affiliated with this Home

  • Jeff Marandi

    Seller's Agent in 2023

    Jeff Marandi

    RE/MAX

    (949) 378-1242

    Section Image
  • Kimberly Rogers

    Seller's Agent in 2023

    Kimberly Rogers

    Coldwell Banker Realty

    (760) 272-6383

    1 in this area

    41 Total Sales

    Kimberly Rogers
    Section Image
  • Hannah Song

    Seller Co-Listing Agent in 2023

    Hannah Song

    RE/MAX

    (949) 735-5946

    33 Total Sales

    Hannah Song
    Section Image
See All Agents

Map

California Riverside County Palm Desert 92211 Palm Desert Country

40819 Schafer Place, Palm Desert, CA

This home is located at 40819 Schafer Place, Palm Desert, CA 92211 and is currently estimated at $429,459, approximately $387 per square foot. 40819 Schafer Place 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