NOT LISTED FOR SALE

40981 Preston Trail Unit 40-11 Palm Desert, CA 92211

Palm Desert Country Neighborhood

Estimated Value: $327,000 - $406,000

2 Beds
2 Baths
1,218 Sq Ft
$306/Sq Ft Est. Value

About This Home

This home is located at 40981 Preston Trail Unit 40-11, Palm Desert, CA 92211 and is currently estimated at $372,388, approximately $305 per square foot. 40981 Preston Trail Unit 40-11 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 1, 2024
Sold by
Lorentzen Brock
Bought by
Grozian-Lorentzen Camilla
Current Estimated Value
$372,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Outstanding Balance
$256,328
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$80,946

Purchase Details

Closed on
Sep 13, 2023
Sold by
George Eckardt Declaration Of Trust
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Aug 8, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Grozian-Lorentzen Camilla

Purchase Details

Closed on
Nov 25, 2014
Sold by
Eckardt George R
Bought by
Eckardt George R and George Eckardt Declaration Of Trust

Purchase Details

Closed on
May 29, 2003
Sold by
Stavro William
Bought by
Eckardt George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Grozian-Lorentzen Camilla -- Chicago Title
Secretary/Housing & Urban Dev $191,048 Lawyers Title
Grozian-Lorentzen Camilla $323,000 Chicago Title
Eckardt George R -- None Available
Eckardt George $188,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grozian-Lorentzen Camilla $258,400
Previous Owner Eckardt George $487,500
Previous Owner Eckardt George $178,600
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
2023 $4,371 $256,890 $89,908 $166,982
2022 $3,480 $251,854 $88,146 $163,708
2021 $3,397 $246,917 $86,418 $160,499
2020 $3,246 $236,735 $82,482 $154,253
2019 $3,162 $229,840 $80,080 $149,760
2018 $3,055 $221,000 $77,000 $144,000
2017 $3,033 $218,000 $76,000 $142,000
2016 $3,073 $221,000 $77,000 $144,000
2015 $3,037 $214,000 $75,000 $139,000
2014 $2,933 $205,000 $72,000 $133,000
Source: Public Records

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