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40935 Centennial Circle

40935 Centennial Circle, Palm Desert, CA 92260
Property in Riverside
Sold Feb 01, 2022
$829,000
$660,000 by Bank Of The West
Mortgage Due Feb 01, 2052
Sold Apr 15, 2016
$482,000
$335,000 by Skyline Financial Corp
Mortgage Due May 01, 2046
Local assessors in Palm Desert, CA have categorized 40935 Centennial Circle as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 10,454 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 4 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 40935 Centennial Circle has a total of 2,262 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 495 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 40935 Centennial Circle sold most recently in Dec 17, 2021 for a total of $829,000. If you work out the math, that's approximately a cost of $245.92 per sqft. Before that, the property was also sold for $482,000 in Mar 29, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,479 in taxes each year. The initial year of tax delinquency occurred in 2018. 40935 Centennial Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $845,579. If we break it down further, the land itself was valued at $253,676. Improvements to the property, however, were assessed at a total of $591,903. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 4
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,371
  • Gross Building Area: 3,371
  • Building Area: 2,262
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,262
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 24591
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 10 MB 213/006 TR 24591

Ownership

  • Current Owner : GOMEZ JOSE G
  • Current Owner 2: GOMEZ MARINA R
  • Previous Owner : SUAREZ
  • Previous Owner 2: MARY
  • Owner Before Previous Owner: FEUTZ RICHARD
  • Owner Before Previous Owner 2: ROCHON LUCIE
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1010

Geography

  • Subdivision Tract Number: 24591
  • Parcel: 622-300-010
  • Lot: 10
  • Municipality: PALM DESERT
  • Latitude: 33.751
  • Longitude: -116.386

    Address

  • Full Address: 40935 Centennial Cir
  • Address - House Number: 40935
  • Address - Street Name: Centennial
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C069
  • 4-Digit Zip Code: 0306
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,262
  • Tax Year: 2023
  • Tax Amount: $11,479
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 018-033

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 825,071
  • High Value: 976,532
  • Low Value: 673,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Feb 01, 2022
  • First Open Lien Mortgage Loan Amount: $660,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $724,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $845,579
  • Assessed Land Value: $253,676
  • Assessed Improvements Value: $591,903

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Transaction ID: 11879022891
  • Current Sale Price: $829,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 51561
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Contract Date: Mar 29, 2016
  • Previous Sale Amount: $482,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Feb 01, 2022
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Apr 15, 2016
  • Previous Mortgage Loan Amount: $335,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

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Frequently Asked Questions

What neighborhood is 40935 Centennial Circle located in?
The 40935 Centennial Circle is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 40935 Centennial Circle?
The average sales price for units in 40935 Centennial Circle is $0 currently.

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