NOT LISTED FOR SALE

40895 Sterling Dr Palm Desert, CA 92260

Estimated Value: $663,000 - $866,000

3 Beds
3 Baths
2,599 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $515,000 $198 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,973/month

46 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Updated Kitchen
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of June 2019

Remodeled 3 bed plus office home in a centrally located Palm Desert Gated community to include owned solar. Hard to find like this. This home is situated with a view of the stunning Western mountains over looking a pebble tec salt water pool/spa and firepit for that great outdoor entertainment. Master has a super spacious master closet and large bathroom. Updated kitchen located off of the great room make this home great for entertaining. Wood and tile throughout, shutters and 3 car garage, Low maintenance yard, low HOA, Owned Solar system. Beautiful designed glass double front door adds extra light into this home.

Last Agent to Sell the Property

Anne Alexander

Equity Union License #01154910 Listed on: 03/28/2019

Equity Union

Last Buyer's Agent

Sandy Dunkley

Equity Los Angeles License #01832146

Equity Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,529

Year Built

  • Built in 2001

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Sprinkler System
  • Front Yard

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,599 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Stained Glass
  • Double Door Entry
  • Dining Area
  • Den
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Green Features
  • Solar Power System

Pool

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 624282020

Community Details

Overview

  • Chatham Court Subdivision
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,529

Year Built

Built in 2001

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces West
  • Levels: One
  • Builders Tract Code: Chatham Court
  • List Price per Sq Ft: 198.11
  • Lp Sp Ratio: 1.0002
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2001
  • Listing I D: 219009407
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Chatham Court
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Refrigerator, Disposal
  • Flooring: Hardwood, Tile
  • Bedroom Features: Primary Suite, Walk In Closet
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 2599.00
  • Windows Treatments: Stained Glass, Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Deck
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Salt Water
  • Pool Location: Private
  • 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
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 160.00
  • Total Monthly Association Fees: 160.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624282020
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2000
  • Lot Description: Front Yard
  • Lot Size: 8712.00

Green Features

  • Green Energy Generation: Solar
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 18, 2019
Sold by
Calvary Church Inc
Bought by
Delorenzo George O and Delorenzo Cheryl L
Seller's Agent
Anne Alexander
Equity Union
Buyer's Agent
Sandy Dunkley
Equity Los Angeles
List Price
$514,900
Sold Price
$515,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$792,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,718
Avg. Annual Appreciation
7.61%
Original Mortgage
$365,000
Outstanding Balance
$322,252
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$492,404

Purchase Details

Closed on
Feb 11, 2014
Sold by
Davis Daniel L and Davis Robyn
Bought by
Calvary Church Inc

Purchase Details

Listed on
Aug 3, 2012
Closed on
Mar 29, 2013
Sold by
Tapia Benjamin B
Bought by
Davis Daniel L and Davis Robyn
Seller's Agent
Sara Plaza
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$335,000
Sold Price
$340,000
Premium/Discount to List
$5,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$306,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2004
Sold by
Manrique Isabel Seepaul
Bought by
Manrique Isabel and Manrique Robert

Purchase Details

Closed on
Dec 18, 2001
Sold by
Manrique Robert
Bought by
Manrique Isabel Seepaul

Purchase Details

Closed on
Nov 5, 2001
Sold by
U S Home Corp
Bought by
Manrique Isabel Seepaul
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
Delorenzo George O $515,000 Orange Coast Ttl Co Palm Des
Calvary Church Inc -- None Available
Davis Daniel L $340,000 Landwood Title
Manrique Isabel -- --
Manrique Isabel Seepaul -- North American Title Co
Manrique Isabel Seepaul $337,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delorenzo George O $365,000
Previous Owner Davis Daniel L $306,000
Previous Owner Manrique Isabel Seepaul $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $515,000 0.0% $198 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $514,900 +51.4% $198 / Sq Ft
05/09/2013 05/09/13 Sold $340,000 +1.5% $131 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $335,000 -- $129 / 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 $7,529 $574,488 $143,676 $430,812
2023 $7,529 $552,182 $138,098 $414,084
2022 $7,117 $541,356 $135,391 $405,965
2021 $6,943 $530,742 $132,737 $398,005
2020 $5,246 $388,722 $85,746 $302,976
2019 $5,150 $381,101 $84,065 $297,036
2018 $5,057 $373,629 $82,417 $291,212
2017 $4,954 $366,303 $80,801 $285,502
2016 $4,835 $359,121 $79,217 $279,904
2015 $4,841 $353,728 $78,028 $275,700
2014 $4,636 $346,800 $76,500 $270,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219009407

California Desert Association of REALTORS®

APN: 624-282-020