NOT LISTED FOR SALE

40921 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $323,000 - $369,761

2 Beds
2 Baths
1,177 Sq Ft
$689/mo HOA Fee

Last Sold May 16, 2024

Last sale price $315,000 $268 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,839/month

63 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Panoramic View
  • Community Lake

About This Home

As of May 2024

Palm Desert Resort Country Club - This golf course Vintage floorplan 2/2 is ready for you to make it your own. Bring your ideas for upgrades or enjoy it just the way it is! The stunning mountain and golf course views from the patio overlooking the 17th hole, makes for a nice place to enjoy coffee or watch golfers. Retractable awnings protect you from the sun when needed. The vintage floorplan has dual masters on each side of the condo, allowing for privacy and comfort from your guests or family. The great room is open and spacious. There is an area set up for dining and stools at the kitchen bar. Primary bath has large, updated walk-in shower and countertop. Both bedrooms have large walk-in closets. The guest bathroom has a walk-in shower. Home offered turnkey furnished. Palm Desert Resort Country Club is great for golf or pickleball enthusiasts! Also offers 20 pools (some of which are heated year-round) and spas, bocce ball, clubhouse cafe and pro shop.

Last Agent to Sell the Property

Erinn Frisbie

Compass License #01857260 Listed on: 03/08/2024

Compass

Co-Listed By

Michael Horne

Compass License #01701660

Last Buyer's Agent

Lauren Greer

Pacific Sotheby's Int'l Realty License #01941581

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1981

Lot Details

  • 2,614

HOA Fees

  • $689 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 1,177 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Family Room
  • Breakfast Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 3 Car Parking Spaces
  • Guest Parking

Additional Features

  • In Ground Spa
  • Sprinklers on Timer
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 632180025

Community Details

Overview

  • Palm Desert Resort Country Club Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt
  • Planned Unit Development

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,618

Year Built

Built in 1981

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: Turnkey as seen
  • List Price per Sq Ft: 293.12
  • Lp Sp Ratio: 0.9100
  • View Type: Golf Course, Mountain(s), Panoramic
  • Year Built: 1981
  • Co Listing Member Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Co Listing Member Fax: (760) 779-4100
  • Co Listing Office Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Listing I D: 219108148
  • Listing Member Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Listing Office Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Selling Office Address: 1200 Newport Center Drive No., Newport Beach, CA 92660
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1177.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Controlled Access, Greenbelt/Park, Guest Parking, Lake or Pond, Maintenance Grounds, Management
  • HOA Information: Yes
  • HOA Fee 1: 689.00
  • Total Monthly Association Fees: 689.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632180025
  • Irrigation: Sprinkler Timer
  • Lot Size: 2613.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 6, 2024
Sold by
Bond Robert L
Bought by
Garrabrant Rachel
Seller's Agent
Erinn Frisbie
Compass
Buyer's Agent
Lauren Greer
Pacific Sotheby's Int'l Realty
List Price
$359,000
Sold Price
$315,000
Premium/Discount to List
-$44,000
-12.26%
Views
62
Current Estimated Value
$346,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,940
Avg. Annual Appreciation
8.43%
Original Mortgage
$304,486
Outstanding Balance
$301,559
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$42,754

Purchase Details

Closed on
Sep 17, 2019
Sold by
Bond Robert L and Bond Vicki L
Bought by
Bond Robert L and Bond Vicki L

Purchase Details

Closed on
Dec 7, 1995
Sold by
Bond Floyd A and Bond Dorothy
Bought by
Bond Robert L and Bond Vicki L

Purchase Details

Closed on
Feb 15, 1994
Sold by
Bond Floyd A and Bond Robert L
Bought by
Bond Floyd A and Bond Robert L

Purchase Details

Closed on
Jan 26, 1994
Sold by
Bond Floyd A
Bought by
Bond Vicki L

Purchase Details

Closed on
Dec 28, 1993
Sold by
Bond Floyd A
Bought by
Bond Vicki L
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
Garrabrant Rachel $315,000 Equity Title Company
Bond Robert L -- None Available
Bond Robert L -- --
Bond Floyd A -- --
Bond Vicki L $2,500 --
Bond Vicki L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrabrant Rachel $304,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $315,000 -8.7% $268 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $345,000 -3.9% $293 / Sq Ft
03/08/2024 03/08/24 For Sale $359,000 -- $305 / 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 $2,618 $173,359 $55,911 $117,448
2022 $2,477 $169,961 $54,815 $115,146
2021 $2,414 $166,630 $53,741 $112,889
2020 $2,374 $164,922 $53,190 $111,732
2019 $2,335 $161,690 $52,148 $109,542
2018 $2,297 $158,521 $51,127 $107,394
2017 $2,274 $155,414 $50,125 $105,289
2016 $2,245 $152,368 $49,143 $103,225
2015 $2,251 $150,080 $48,405 $101,675
2014 $2,219 $147,141 $47,457 $99,684
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Erinn Frisbie

    Compass

    (760) 779-4495

    43 in this area

    64 Total Sales

    Erinn Frisbie
    Section Image
  • Michael Horne

    Seller Co-Listing Agent in 2024

    Michael Horne

    Compass

    (760) 399-2477

    37 in this area

    398 Total Sales

    Michael Horne
    Section Image
  • Lauren Greer

    Buyer's Agent in 2024

    Lauren Greer

    Pacific Sothebys

    (949) 554-1200

    2 in this area

    46 Total Sales

    Lauren Greer
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219108148

California Desert Association of REALTORS®

APN: 632-180-025

California Riverside County Palm Desert 92211 Palm Desert Country

40921 Inverness Way, Palm Desert, CA

This home is located at 40921 Inverness Way, Palm Desert, CA 92211 since 08 March 2024 and is currently estimated at $346,940, approximately $294 per square foot. This property was built in 1981. 40921 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.

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