NOT LISTED FOR SALE

40825 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $314,000 - $395,000

2 Beds
2 Baths
1,100 Sq Ft
$464/mo HOA Fee

Last Sold August 26, 2016

Last sale price $151,000 $137 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,607/month

176 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Clubhouse
  • Palm Desert High School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of August 2016

Golf course frontage remodeled 2 bdr, 2 bth partially furnished.Near club house, pool and tennis courts. Two car air conditioned garage.Palm desert Resort offers an 18 hole Championship Golf Course, 20 community pools and spas, 14 tennis courts, and a community center. HOA fees include exterior maintenance and roofs, landscaping, pools, trash, basic cableTV, 24 hr. guard gated community.

Last Agent to Sell the Property

Ronald Poulton

HK Lane Real Estate License #00450948 Listed on: 02/02/2016

Co-Listed By

Donna Nelson

HK Lane Real Estate License #00465025

Last Buyer's Agent

Katherine Doucette

HK Lane Real Estate License #01899916

HK Lane Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1981

Lot Details

  • On Golf Course
  • East Facing Home

HOA Fees

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Dining Area
  • Golf Course Views

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Guest Parking

Pool

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

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 632180031

Community Details

Overview

  • Association fees include building & grounds, cable TV, clubhouse, security, trash
  • Palm Desert Resort Country Club Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,572

Year Built

Built in 1981

Lot Details

0

HOA Fees

$464 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Palm Desert Resort C
  • Included In Sale: Furnished per Inventory
  • List Price per Sq Ft: 150.00
  • Lp Sp Ratio: 0.9152
  • View Type: Golf Course
  • Year Built: 1981
  • Co Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Listing Office Fax: (760) 834-7575
  • Listing I D: 216004286
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas/Elec Dryer Hookup, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1100.00

Exterior Features

  • Roofing: Concrete, Tile
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Central

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Cable TV, Clubhouse, Security, Trash
  • Association Amenities: Clubhouse, Golf Course, Greenbelt/Park, Guest Parking, Maintenance Grounds, Management, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • HOA Fee 2: 39.06
  • Total Monthly Association Fees: 464.06

Lot Info

  • Assessor Parcel Number: 632180031
  • Lot Acres: 0.0400
  • Lot Location: On Golf Course
  • Lot Size: 1742.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jul 29, 2016
Sold by
Whitmore Scott C
Bought by
Jackman Shirley Mary and Mayberry Robert Allen
Seller's Agent
Ronald Poulton
HK Lane Real Estate
Buyer's Agent
Katherine Doucette
HK Lane Real Estate
List Price
$190,000
Sold Price
$151,000
Premium/Discount to List
-$39,000
-20.53%
Current Estimated Value
$346,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,347
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
May 5, 2005
Sold by
Whitmore Scott C and Tedeschi Patricia M
Bought by
Whitmore Scott C and Trust Of Scott C Whitmore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Roberts Marcy
Bought by
Whitmore Scott C and Tedeschi Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Roberts Marcy and Nezet Marcy
Bought by
Roberts Marcy and The Marcy Roberts Living Trust

Purchase Details

Closed on
Jun 21, 1994
Sold by
Nezet Roger
Bought by
Nezet Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.53%

Purchase Details

Closed on
May 23, 1994
Sold by
Doyle Thomas I
Bought by
Nezet Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
8.53%

Purchase Details

Closed on
Dec 17, 1993
Sold by
Doyle Thomas I and Doyle Gary M
Bought by
Doyle Thomas I and Doyle/Gmd Irrevocable Trust
Source: Public Records

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Range of Values:

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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
Jackman Shirley Mary $151,000 First American Title Company
Whitmore Scott C -- Chicago Title Company
Whitmore Scott C $225,000 Chicago Title Co
Roberts Marcy -- --
Nezet Marcy -- First American Title Ins Co
Nezet Marcy $82,000 First American Title Ins Co
Doyle Thomas I -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitmore Scott C $180,000
Previous Owner Nezet Marcy $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $151,000 -8.5% $137 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $165,000 -5.4% $150 / Sq Ft
04/19/2016 04/19/16 Price Changed $174,500 -1.7% $159 / Sq Ft
02/21/2016 02/21/16 Price Changed $177,500 -6.6% $161 / Sq Ft
02/02/2016 02/02/16 For Sale $190,000 -- $173 / 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
2023 $2,572 $169,739 $50,531 $119,208
2022 $2,418 $165,138 $49,541 $115,597
2021 $2,356 $161,901 $48,570 $113,331
2020 $2,318 $160,241 $48,072 $112,169
2019 $2,279 $157,100 $47,130 $109,970
2018 $2,242 $154,020 $46,206 $107,814
2017 $2,220 $151,000 $45,300 $105,700
2016 $2,651 $186,000 $65,000 $121,000
2015 $2,705 $187,000 $65,000 $122,000
2014 $2,082 $136,000 $48,000 $88,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ronald Poulton

    HK Lane Real Estate

  • D

    Seller Co-Listing Agent in 2016

    Donna Nelson

    HK Lane Real Estate

  • K

    Buyer's Agent in 2016

    Katherine Doucette

    HK Lane Real Estate

    (760) 668-0886

    1 in this area

    10 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216004286

California Desert Association of REALTORS®

APN: 632-180-031

California Riverside County Palm Desert 92211 Palm Desert Country

40825 Inverness Way, Palm Desert, CA

This home is located at 40825 Inverness Way, Palm Desert, CA 92211 since 02 February 2016 and is currently estimated at $346,347, approximately $314 per square foot. This property was built in 1981. 40825 Inverness Way 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.

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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