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40927 Preston Trail

40927 Preston Trail, Palm Desert, CA 92211
Condo in Riverside
Sold Nov 02, 2020
$279,000
$223,200 by Equity Smart Home Loans Inc
Mortgage Due Nov 01, 2050
Sold Nov 13, 2002
$182,000
$102,000 by Affiliated Funding Corp
Mortgage Due Dec 01, 2032
40927 Preston Trail is a condo located in Riverside, Palm Desert. The building was first built in 1983 and is 41 years old. In total, 40927 Preston Trail has a total floor area of 1,750 square feet. 40927 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. See the full transaction history for 40927 Preston Trail below.

Riverside, where 40927 Preston Trail is located, has a median asking price of $518,500 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

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: 1,750
  • Gross Building Area: 1,750
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,184
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM DESERT RESORT
  • 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 37 MB 122/050 TR 13145-11 & INT IN COMMON

Ownership

  • Current Owner : OLDING DAVID P
  • Previous Owner : MUNOZ MICHAEL
  • Previous Owner 2: MUNOZ MAYRA
  • Owner Before Previous Owner: CAVALIERE VINCENT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R112M

Geography

  • Subdivision Tract Number: 13145-11
  • Parcel: 632-120-009
  • Lot: 37
  • Municipality: PALM DESERT
  • Latitude: 33.7517
  • Longitude: -116.313

    Address

  • Full Address: 40927 Preston Trl
  • Address - House Number: 40927
  • Address - Street Name: Preston
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C045
  • 4-Digit Zip Code: 9234
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 1,184
  • Tax Year: 2023
  • Tax Amount: $3,939
  • Tax Rate Code Area: 018-247

    Appraisal Valuation

  • Standard Deviation: 0.197
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 424,714
  • High Value: 508,393
  • Low Value: 341,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,200
  • First Open Lien Mortgage Lender: EQUITY SMART HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $223,200
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $247,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,150
  • Assessed Land Value: $31,212
  • Assessed Improvements Value: $255,938

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11798430355
  • Current Sale Price: $279,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0534268
  • Previous Sale Recording Date: Nov 13, 2002
  • Previous Sale Contract Date: Aug 27, 2002
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY SMART HOME LOANS INC
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $223,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AFFILIATED FUNDING CORP
  • Previous Mortgage Transaction Date: Nov 13, 2002
  • Previous Mortgage Loan Amount: $102,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Palm Desert



Similar Buildings

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Nearby Rentals

Unit for rent at 40-221 Harris Lane, Palm Desert, CA, 92211

$1,850 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,050 ft²
40-221 Harris Lane, Palm Desert, CA, 92211 Listing by Paula Turner
Unit for rent at 256 Desert Falls Drive E, Palm Desert, CA, 92211

$1,800 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,061 ft²
256 Desert Falls Drive E, Palm Desert, CA, 92211 Listing by Bernadette Berntsen

Frequently Asked Questions

What neighborhood is 40927 Preston Trail located in?
The 40927 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 40927 Preston Trail?
The average sales price for units in 40927 Preston Trail is $0 currently.

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