NOT LISTED FOR SALE

40953 Inverness Way Unit 25-4 Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $319,000 - $348,000

2 Beds
1.5 Baths
938 Sq Ft
$498/mo HOA Fee

Last Sold April 03, 2020

Last sale price $213,000 $227 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,554/month

147 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Golf Course View
  • Palm Desert High School Rated A
  • Gated Community
  • 1 Fireplace

About This Home

As of April 2020

Perfect Weekend Getaway, Snowbird Destination or Vacation Rental. This ''Olympic'' model has two Bedrooms, Bath & Half Bath with partial Remodel. Includes Granite Tile Counters in the Kitchen, Newer Appliances, Tile & Carpet flooring, Custom Paint, Ceiling Fans, Newer HVAC, 2 car Garage & Stamped concrete Extended Patio. Located off the 17th Green, watch Golfers go by as you relax on the Patio. Offered Turnkey Furnished. (Car in the Garage is Negotiable). Palm Desert Resort CC has an 18 hole Championship Golf Course, 20 Community Saltwater Pools & Spas, Lighted Tennis/Pickle ball Courts. The Clubhouse has a Formal Dining Room, Lounge & Golf Pro Shop. One of the best Values in the desert!!

Last Agent to Sell the Property

Dana Smith

Coldwell Banker Residential Brokerage License #01850027 Listed on: 11/06/2019

Last Buyer's Agent

Kimberlee Chiarelli

Engel & Völkers Palm Desert License #01034865

Engel & Völkers Palm Desert

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,163

Year Built

  • Built in 1981

Lot Details

  • 1,738

HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Golf Course Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 632180023

Community Details

Overview

  • 960 Units
  • Palm Desert Resort Country Club Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Recreation

  • Golf Course Community
  • 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

$3,163

Year Built

Built in 1981

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: Turnkey furnished.
  • List Price per Sq Ft: 233.48
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 960
  • View Type: Golf Course
  • Year Built: 1981
  • Listing I D: 219033379
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Selling Office Fax: (760) 541-4899
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 938.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, 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

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • 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: Maintenance Grounds, Pet Rules, Management
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • HOA Fee 2: 43.22
  • Total Monthly Association Fees: 498.00

Lot Info

  • Assessor Parcel Number: 632180023
  • Lot Acres: 0.0399
  • Lot Size: 1742.00

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

Closed on
Mar 14, 2022
Sold by
Griebenow William E
Bought by
William E Griebenow Living Trust
Current Estimated Value
$327,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$468,440
Interest Rate
4.67%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$135,787

Purchase Details

Listed on
Nov 6, 2019
Closed on
Feb 12, 2020
Sold by
Padget Dorothy and Padget Robert
Bought by
Griebenow William E
Seller's Agent
Dana Smith
Coldwell Banker Residential Brokerage
Buyer's Agent
Kimberlee Chiarelli
Engel & Völkers Palm Desert
List Price
$219,000
Sold Price
$213,000
Premium/Discount to List
-$6,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$319,500
Interest Rate
2.71%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 14, 2006
Sold by
E P Henry Family Lp
Bought by
Padget Robert and Padget Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 13, 2002
Sold by
Johnson Doris M
Bought by
E P Henry Family Ltd Partnership

Purchase Details

Closed on
Apr 28, 2000
Sold by
Johnson Fred L and Johnson Florence L
Bought by
Johnson Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
8.08%
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
William E Griebenow Living Trust -- None Listed On Document
Griebenow William E $213,000 Equity Title
Padget Robert $265,000 First American Title Company
E P Henry Family Ltd Partnership $150,000 First American Title Co
Johnson Doris M $97,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William E Griebenow Living Trust $495,000
Closed William E Griebenow Living Trust $495,000
Previous Owner Griebenow William E $319,500
Previous Owner Griebenow William E $319,500
Previous Owner Padget Robert $185,500
Previous Owner Johnson Doris M $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $213,000 -2.7% $227 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
11/06/2019 11/06/19 For Sale $219,000 -- $233 / 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 $3,163 $232,941 $32,807 $200,134
2023 $3,163 $223,897 $31,534 $192,363
2022 $2,998 $219,508 $30,916 $188,592
2021 $2,923 $215,205 $30,310 $184,895
2020 $2,999 $216,382 $76,055 $140,327
2019 $2,922 $210,080 $73,840 $136,240
2018 $2,824 $202,000 $71,000 $131,000
2017 $2,790 $198,000 $69,000 $129,000
2016 $2,783 $197,000 $69,000 $128,000
2015 $2,840 $198,000 $69,000 $129,000
2014 $2,205 $146,000 $51,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dana Smith

    Coldwell Banker Residential Brokerage

  • Kimberlee Chiarelli

    Buyer's Agent in 2020

    Kimberlee Chiarelli

    Engel & Völkers Palm Desert

    (760) 895-8457

    3 in this area

    14 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219033379

California Desert Association of REALTORS®

APN: 632-180-023

California Riverside County Palm Desert 92211 Palm Desert Country

40953 Inverness Way Unit 25-4, Palm Desert, CA

This home is located at 40953 Inverness Way Unit 25-4, Palm Desert, CA 92211 since 06 November 2019 and is currently estimated at $332,653, approximately $354 per square foot. This property was built in 1981. 40953 Inverness Way Unit 25-4 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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