NOT LISTED FOR SALE

Estimated Value: $309,055 - $339,000

2 Beds
1 Bath
938 Sq Ft
$514/mo HOA Fee

Last Sold November 12, 2020

Last sale price $223,000 $238 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,567/month

33 Days on Market

Highlights

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

About This Home

As of November 2020

This home is located at 40928 Sea Island Ln, Palm Desert, CA 92211 since 21 September 2020 and is currently estimated at $325,514, approximately $347 per square foot. This property was built in 1981. 40928 Sea Island Ln 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.

Last Agent to Sell the Property

Nancy B. Levine

Keller Williams Realty License #01938275 Listed on: 09/21/2020

Keller Williams Realty

Last Buyer's Agent

Nancy B. Levine

Keller Williams Realty License #01938275 Listed on: 09/21/2020

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,350

Year Built

  • Built in 1981

Lot Details

  • 1,738

HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Interior Spaces

  • 938 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Attached Carport Spaces
  • 4 Car Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Sprinkler System
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 632180009

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,350

Year Built

Built in 1981

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • List Price per Sq Ft: 239.87
  • Lp Sp Ratio: 0.9900
  • View Type: Golf Course, Mountain(s), Lake
  • Year Built: 1981
  • Listing I D: 219050630
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 938.00

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: 2.00
  • Total Parking Spaces: 4.00

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
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Tennis Courts, Management, Maintenance Grounds, Lake or Pond, Golf Course, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 470.00
  • HOA Fee 2: 44.00
  • Total Monthly Association Fees: 514.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632180009
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0399
  • Lot Size: 1742.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 5, 2020
Sold by
Gorman Patrick
Bought by
Villarreal Favian and Villarreal Rachel
Seller's Agent
Nancy B. Levine
Keller Williams Realty
Buyer's Agent
Nancy B. Levine
Keller Williams Realty
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Current Estimated Value
$325,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,514
Avg. Annual Appreciation
8.06%
Original Mortgage
$211,850
Outstanding Balance
$188,946
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$134,006

Purchase Details

Listed on
Jul 15, 2018
Closed on
Jul 31, 2018
Sold by
Irgens Kathleen M
Bought by
Gorman Patrick
Seller's Agent
Fatima Nordquist
Beverly Hills Fine Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2002
Sold by
Irgens Kathleen M
Bought by
Irgens Kathleen M and Kathleen M Irgens Separate Property Tr
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
Villarreal Favian $223,000 Orange Coast Title Company
Gorman Patrick $170,000 Orange Coast Title Company
Irgens Kathleen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal Favian $211,850
Previous Owner Gorman Patrick $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $223,000 -0.9% $238 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $225,000 +32.4% $240 / Sq Ft
08/27/2018 08/27/18 Sold $170,000 0.0% $181 / Sq Ft
07/15/2018 07/15/18 For Sale $170,000 -- $181 / 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 $3,350 $241,380 $32,472 $208,908
2023 $3,350 $232,009 $31,212 $200,797
2022 $3,181 $227,460 $30,600 $196,860
2021 $3,110 $223,000 $30,000 $193,000
2020 $2,477 $173,400 $76,500 $96,900
2019 $2,436 $170,000 $75,000 $95,000
2018 $1,913 $126,936 $51,460 $75,476
2017 $1,898 $124,448 $50,451 $73,997
2016 $1,879 $122,009 $49,462 $72,547
2015 $1,883 $120,178 $48,720 $71,458
2014 $1,858 $117,825 $47,766 $70,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219050630

California Desert Association of REALTORS®

APN: 632-180-009