Check Availability

40361 Preston Trail

40361 Preston Trail, Palm Desert, CA 92211
Condo in Riverside
40361 Preston Trail is a condo located in Riverside, Palm Desert. The building was first built in 1983 and is 41 years old. In total, 40361 Preston Trail has a total floor area of 1,828 square feet. 40361 Preston Trail has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 92 days and tend to sell below the original asking price of $255,000 by 2.94%. Meaning, listings tend to sell at a median of $191 price per square foot. The transaction that took the longest to complete was listed on Mar 09, 2020 for $255,000. This particular unit ultimately sold 92 days later for $247,500. The most recent transaction which was first advertised on Mar 09, 2020, sold for $247,500 on Jun 10, 2020. Fun fact, the oldest transaction we have on record took place on Jun 10, 2020. See the full transaction history for 40361 Preston Trail below.

Riverside, where 40361 Preston Trail is located, has a median asking price of $516,500 for condo buildings. Meanwhile, the building itself has a median asking price of $255,000. For interested buyers, that means the building's median asking price is around 0.51% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200309
03/09/2020
2 Bed
2 Bath
1337 ft²
$255,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1337 ft²
$247,500 -2.94%
06/10/2020
Bahareh Kamoei

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,828
  • Gross Building Area: 1,828
  • Building Area: 1,337
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,337
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 13145 11
  • Land Acres: 0.06
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: .06 ACRES NET IN LOT 7 MB 122/050 TR 13145-11 & INT IN COMMON

Ownership

  • Current Owner : ROMAN ANTHONY DAVID
  • Current Owner 2: OLIVER MELINDA ANN
  • Previous Owner : SILVA LAWRENCE W
  • Previous Owner 2: SILVA KYUNGHEE H
  • Owner Before Previous Owner: MESSNER DONALD L
  • Owner Before Previous Owner 2: MESSNER MARTHA L
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044927

Zoning

  • Zoning: R112M

Geography

  • Subdivision Tract Number: 13145-11
  • Parcel: 632-131-007
  • Lot: 7
  • Municipality: PALM DESERT
  • Latitude: 33.7557
  • Longitude: -116.313

    Address

  • Full Address: 40361 Preston Trl
  • Address - House Number: 40361
  • Address - Street Name: Preston
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C045
  • 4-Digit Zip Code: 9203
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 1,337
  • Tax Year: 2023
  • Tax Amount: $3,609
  • Tax Rate Code Area: 018-247

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 407,512
  • High Value: 484,871
  • Low Value: 330,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,750
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jun 10, 2020
  • First Open Lien Mortgage Loan Amount: $123,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $265,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,164
  • Assessed Land Value: $31,534
  • Assessed Improvements Value: $228,630

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Transaction ID: 11767220760
  • Current Sale Price: $247,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0247663
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Contract Date: May 16, 2005
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 10, 2020
  • First Mortgage Loan Amount: $123,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EZ FUNDING CORP
  • Previous Mortgage Transaction Date: Jul 07, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Palm Desert



Similar Buildings

Condo at 40361 Preston Trail,

77571 Burrus Court

  • 1 Unit for Sale
  • 1 Story
77571 Burrus Court, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

40328 Bay Hill Way

  • 1 Unit for Sale
  • 1 Story
40328 Bay Hill Way, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

77409 Preston Trail

  • 1 Unit for Sale
  • 1 Story
77409 Preston Trail, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

77710 Marlowe Court

  • 1 Unit for Sale
  • 1 Story
77710 Marlowe Court, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

77699 Marlowe Court

  • 1 Unit for Sale
  • 1 Story
77699 Marlowe Court, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

77556 Ashberry Court

  • 1 Unit for Sale
  • 1 Story
77556 Ashberry Court, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

40710 West La Costa Circle

  • 1 Unit for Sale
40710 West La Costa Circle, Palm Desert, CA 92211
Condo at 40361 Preston Trail,

77555 Ashberry Court

  • 1 Unit for Sale
  • 1 Story
77555 Ashberry Court, Palm Desert, CA 92211

Nearby Rentals

Unit for rent at 379 Tomahawk Drive, Palm Desert, CA, 92211

$10,000 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,430 ft²
379 Tomahawk Drive, Palm Desert, CA, 92211 Listing by Joan Castro
Unit for rent at 77820 Mountain View, Palm Desert, CA, 92211

$10,000 /mo

  • 4 Beds
  • 5 Baths
  • 3,200 ft²
77820 Mountain View, Palm Desert, CA, 92211 Listing by David Feltman
Unit for rent at 41521 Kansas Street, Palm Desert, CA, 92211

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,091 ft²
41521 Kansas Street, Palm Desert, CA, 92211 Listing by Peggy Mason
Unit for rent at 38286 Brandywine Avenue, Palm Desert, CA, 92211

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,730 ft²
38286 Brandywine Avenue, Palm Desert, CA, 92211 Listing by Dennis Jacobs
Unit for rent at 41691 Kansas Street, Palm Desert, CA, 92211

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,091 ft²
41691 Kansas Street, Palm Desert, CA, 92211 Listing by Peggy Mason
Unit for rent at 42425 Adams Street, Bermuda Dunes, CA, 92203

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,678 ft²
42425 Adams Street, Bermuda Dunes, CA, 92203 Listing by CYNTHIA CARAVA
Unit for rent at 39676 Somerset Avenue, Palm Desert, CA, 92211

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,110 ft²
39676 Somerset Avenue, Palm Desert, CA, 92211 Listing by Luther Livingston

Frequently Asked Questions

What neighborhood is 40361 Preston Trail located in?
The 40361 Preston Trail is a condo located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 40361 Preston Trail?
The average sales price for units in 40361 Preston Trail is $255,000 , or $191/sqft. currently.

Quantcast