NOT LISTED FOR SALE

41940 Preston Trail Palm Desert, CA 92211

Estimated Value: $393,905 - $452,000

2 Beds
2 Baths
1,245 Sq Ft
$465/mo HOA Fee

Last Sold August 12, 2016

Last sale price $248,000 $199 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,000/month

6 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Gated Community
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Lake View

About This Home

As of August 2016

Great Opportunity for this Bank Owned condominium located in upscale Palm Desert Resort Country Club. This Classic Model condo is located on the 6th green with gorgeous lake and south facing mountain views. This home has been tiled throughout with an extended covered patio and 2 car attached garage. The kitchen and bathrooms have previously been remodeled. This condo needs some TLC. Palm Desert Resort features 20 swimming pools, 14 tennis courts, and a full service restaurant and lounge.

Last Agent to Sell the Property

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 07/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Cindy White

License #01103981

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • Home has North and South Exposure

HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Greenhouse Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 632230009

Community Details

Overview

  • Association fees include building & grounds, clubhouse, security, trash
  • Palm Desert Resort Country Club Subdivision
  • On-Site Maintenance
  • Community Lake

Amenities

  • Clubhouse
  • Banquet Facilities

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,908

Year Built

Built in 1987

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Builders Tract Code: Palm Desert Resort C
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 200.72
  • Lp Sp Ratio: 0.9924
  • View Type: Golf Course, Lake, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1987
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Member Fax: (888) 511-8121
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Listing I D: 216021250
  • 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: 73-993 Highway 111, Palm Desert, CA 92260
  • Selling Office Fax: (760) 773-4975
  • Land Type: Fee
  • Subdivision: Palm Desert Resort Country Club
  • Special Features: None

Interior Features

  • Appliances: Disposal, Gas Cooktop, Microwave Oven, Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Flooring: Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook
  • Kitchen Features: Granite Tile Counters, Greenhouse Window
  • Laundry: In Closet
  • Estimated Sq Ft: 1245.00

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse, Security, Trash
  • Association Amenities: Banquet Facilities, Clubhouse, Golf Course, Guest Parking, Lake or Pond, Maintenance Grounds, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • HOA Fee 2: 39.97
  • Total Monthly Association Fees: 465.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 632230009
  • Lot Acres: 0.0600
  • Lot Size: 2614.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
Hanly Richard T and Hanly Jeanne L
Bought by
Hanly Richard and Hanly Jeanne
Current Estimated Value
$421,226

Purchase Details

Listed on
Jul 15, 2016
Closed on
Jul 27, 2016
Sold by
Wilmington Trust National Association
Bought by
Hanly Richard T and Hanly Jeanne L
Seller's Agent
Steve Yeoman
Coldwell Banker Realty
Buyer's Agent
Cindy White
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Stanley Barry C and Stanley Averill D
Bought by
Wilmington Trust National Association and Mfra Trust 2015 1

Purchase Details

Closed on
Apr 18, 2009
Sold by
Stanley Barry C and Stanley Averill D
Bought by
Stanley Barry and Stanley Averill

Purchase Details

Closed on
Jul 25, 2003
Sold by
Kean Dan E
Bought by
Stanley Barry C and Stanley Averill D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1998
Sold by
Spruill Rita
Bought by
Spruill Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.69%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Spruill Richard E
Bought by
Hays Gail P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.69%
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
Hanly Richard -- None Available
Hanly Richard T $248,000 First American Title Company
Wilmington Trust National Association $229,000 Accommodation
Stanley Barry -- None Available
Stanley Barry C $250,000 Orange Coast Title Co
Spruill Richard E -- Old Republic Title Company
Hays Gail P $150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley Barry C $200,000
Previous Owner Hays Gail P $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $248,000 -0.8% $199 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $249,900 -- $201 / 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 $3,908 $287,819 $86,344 $201,475
2023 $3,908 $276,644 $82,992 $193,652
2022 $3,717 $271,220 $81,365 $189,855
2021 $3,629 $265,903 $79,770 $186,133
2020 $3,567 $263,178 $78,953 $184,225
2019 $3,504 $258,018 $77,405 $180,613
2018 $3,443 $252,960 $75,888 $177,072
2017 $3,397 $248,000 $74,400 $173,600
2016 $3,290 $239,000 $67,000 $172,000
2015 $3,640 $263,000 $74,000 $189,000
2014 $3,636 $262,000 $73,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216021250

California Desert Association of REALTORS®

APN: 632-230-009