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40520 Ventana Court

40520 Ventana Court, Palm Desert, CA 92260
House in Riverside
Sold Nov 21, 2018
$420,000
$430,000 by Washington Funding Inc
Mortgage
Sold May 04, 2005
$510,000
$408,000 by Countrywide Home Loans Inc
Mortgage Due May 01, 2035
40520 Ventana Court has been categorized by the local assessors in Palm Desert, CA as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 1991. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 40520 Ventana Court has 2,231 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 578 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 40520 Ventana Court was last sold in Nov 7, 2018 for $420,000. According to our calculations, that's $149.52 per sqft. Prior to that sales transaction, the property was sold for $510,000 in Apr 14, 2005. Current property owners are expected to pay $6,438 in taxes per year. The property on 40520 Ventana Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $450,321. To break that down further, the land itself was valued at $80,413. While improvements to the property were assessed at a total of $369,908. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 578
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,809
  • Gross Building Area: 2,809
  • Building Area: 2,231
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,231
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .18 ACRES IN LOT 21 MB 217/028 TR 24254-1

Ownership

  • Current Owner : CORDOVA FRANCISCO S
  • Previous Owner : POLLACK BERNARD S
  • Owner Before Previous Owner: VOCARE AHRIAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044929

Geography

  • Subdivision Tract Number: 24254-1
  • Parcel: 622-311-021
  • Lot: 21
  • Municipality: PALM DESERT
  • Latitude: 33.7541
  • Longitude: -116.384

    Address

  • Full Address: 40520 Ventana Ct
  • Address - House Number: 40520
  • Address - Street Name: Ventana
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C066
  • 4-Digit Zip Code: 2312
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,231
  • Tax Year: 2023
  • Tax Amount: $6,438
  • Tax Rate Code Area: 018-033

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 699,077
  • High Value: 826,633
  • Low Value: 571,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: WASHINGTON FUNDING INC
  • First Open Lien Mortgage Recording Date: Nov 21, 2018
  • First Open Lien Mortgage Loan Amount: $430,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $492,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,321
  • Assessed Land Value: $80,413
  • Assessed Improvements Value: $369,908

    Sales

  • Current Sale Contract Date: Nov 07, 2018
  • Current Sale Recording Date: Nov 21, 2018
  • Current Sale Transaction ID: 11534991236
  • Current Sale Price: $420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-0459148
  • Previous Sale Recording Date: May 04, 2005
  • Previous Sale Contract Date: Apr 14, 2005
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON FUNDING INC
  • First Mortgage Transaction Date: Nov 21, 2018
  • First Mortgage Loan Amount: $430,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: May 04, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $408,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: May 01, 2035

About Palm Desert



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 40520 Ventana Court located in?
The 40520 Ventana Court is a house located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 40520 Ventana Court?
The average sales price for units in 40520 Ventana Court is $0 currently.

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