NOT LISTED FOR SALE

40953 Inverness Way Palm Desert, CA 92211

Palm Desert Country Neighborhood

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

2 Beds
2 Baths
938 Sq Ft
$355/Sq Ft Est. Value

About This Home

This home is located at 40953 Inverness Way, Palm Desert, CA 92211 and is currently estimated at $332,653, approximately $354 per square foot. 40953 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.

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
-$140,458

Purchase Details

Closed on
Feb 12, 2020
Sold by
Padget Dorothy and Padget Robert
Bought by
Griebenow William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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

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

Map

California Riverside County Palm Desert 92211 Palm Desert Country

40953 Inverness Way, Palm Desert, CA

This home is located at 40953 Inverness Way, Palm Desert, CA 92211 and is currently estimated at $332,653, approximately $354 per square foot. 40953 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.

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