NOT LISTED FOR SALE

40960 Glenmore Dr Palm Desert, CA 92260

Estimated Value: $721,000 - $949,000

3 Beds
3 Baths
2,982 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $460,000 $154 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,078/month

315 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Corner Lot
  • James Earl Carter Elementary School Rated A-
  • Retreat
  • High Ceiling

About This Home

As of March 2020

Terrific Value! Located in the quiet gated community of Chatham Court, on a over-sized corner lot. This 3 BD + office/3.5 BA home offers approx. 2,982 sq. ft. of well-designed living space. The gated front courtyard leads to a double door entry, opening to the foyer. The foyer is enhanced with beautiful architectural details and tile work. The formal living room has lovely built-ins, the family room has a fireplace and the dining area has patio access. The kitchen has an island, a walk-in pantry & breakfast bar. The spacious master BD has patio access, walk-in closet w/ built-ins & luxurious en-suite BA. There are 2 additional guest BDs, an office w/ built-ins, guest BA, powder room & laundry room. The large corner lot provides a pool sized yard w/ powered awnings providing shaded areas & lush, mature landscaping offering a great outdoor living space in the very private backyard.

Last Agent to Sell the Property

Brad Schmett

Brad Schmett Real Estate Group License #01275226 Listed on: 04/17/2019

Last Buyer's Agent

Steven Gordon

Cove & Sea Realty Inc. License #00490125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,653

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Front Yard

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,982 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Awning
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 624282009

Community Details

Overview

  • Chatham Court Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,653

Year Built

Built in 2000

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: Front Door Faces West, Leisure Faces East
  • Levels: One
  • Builders Tract Code: Chatham Court
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 166.00
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2000
  • Listing I D: 219010051
  • Listing Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing Member Fax: (760) 771-9479
  • Listing Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Member Address: 73385 Pinyon St, Palm Desert, CA 92260
  • Selling Member Fax: (760) 341-2661
  • Selling Office Address: 73385 Pinyon St, Palm Desert, CA 92260
  • Selling Office Fax: (760) 341-2661
  • Land Type: Fee
  • Subdivision: Chatham Court
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Water Line to Refrigerator, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Storage, Recessed Lighting, High Ceilings (9 Ft+)
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Tile, Travertine
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower Stall
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Breakfast Nook
  • Kitchen Features: Corian Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2982.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Zoned
  • Heating: Fireplace(s), Zoned
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 160.00
  • Total Monthly Association Fees: 160.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624282009
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.2800
  • Lot Description: Curbs, Yard, Landscaped, Lawn, Front Yard, Fenced
  • Lot Location: Corner Lot
  • Lot Size: 12197.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Mar 9, 2020
Sold by
Vale Rita and The Jerry And Rita Vale Trust
Bought by
Brumberg Vicki A and The Vicki A Brumberg Trust
Seller's Agent
Brad Schmett
Brad Schmett Real Estate Group
Buyer's Agent
Steven Gordon
Cove & Sea Realty Inc.
List Price
$529,000
Sold Price
$460,000
Premium/Discount to List
-$69,000
-13.04%
Current Estimated Value
$826,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,413
Avg. Annual Appreciation
12.17%

Purchase Details

Closed on
Sep 8, 2003
Sold by
Vale Jerry and Vale Rita
Bought by
Vale Jerry and Vale Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Vale Jerry and Vale Rita
Bought by
Vale Jerry and Vale Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2001
Sold by
U S Home Corp
Bought by
Vale Jerry and Vale Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,080
Interest Rate
6.87%
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
Brumberg Vicki A $460,000 Orange Coast Title Company
Vale Jerry -- --
Vale Jerry -- Investors Title Company
Vale Jerry $336,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vale Jerry $265,000
Previous Owner Vale Jerry $269,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $460,000 -7.1% $154 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
12/05/2019 12/05/19 Price Changed $495,000 -6.4% $166 / Sq Ft
11/11/2019 11/11/19 For Sale $529,000 0.0% $177 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $529,000 -3.8% $177 / Sq Ft
06/07/2019 06/07/19 Price Changed $550,000 -4.3% $184 / Sq Ft
04/17/2019 04/17/19 For Sale $575,000 -- $193 / 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 $6,653 $503,072 $49,212 $453,860
2023 $6,653 $483,539 $47,302 $436,237
2022 $6,347 $474,059 $46,375 $427,684
2021 $6,189 $464,765 $45,466 $419,299
2020 $6,036 $463,471 $115,860 $347,611
2019 $5,986 $454,385 $113,589 $340,796
2018 $5,874 $445,476 $111,363 $334,113
2017 $5,753 $436,742 $109,180 $327,562
2016 $5,611 $428,180 $107,040 $321,140
2015 $5,617 $421,750 $105,433 $316,317
2014 $5,372 $413,491 $103,369 $310,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219010051

California Desert Association of REALTORS®

APN: 624-282-009