11 days on rocket

40657 Preston Trl, Palm Desert, CA, 92211

$375,000

Home List Price

$4,453*

Closing Credit

2 Bedrooms
2 Full Baths
1,065 SqFt
$352/SqFt
Condo
Schools Nearby

Location

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40657 Preston Trl, Palm Desert$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Side By Side
Year Built1983
HeatingCentral, Forced Air
CoolingCentral Air
ViewGolf Course, Mountain(s)
Private PoolYes
MLS #219110769DA
Lot Size0.04 Acres
StatusActive

About 40657 Preston Trl

This Pebble Beach floor plan unit, facing west, features 2 bedrooms and 2 bathrooms, fully furnished with a well-equipped kitchen, ideal for immediate move-in. Revel in tile floors spanning the living room, kitchen, and bathrooms, while plush carpeting adorns both bedrooms. Step out onto the expanded patio, offering views of the fairway. The kitchen showcases granite countertops, while the main bathroom features a brand-new shower with subway tile. The expansive great room showcases a vaulted ceiling, an open kitchen, dining area, and access to the patio through a slider. The primary bedroom offers picturesque views of the fairway and mountains, with another slider leading to the patio. Sold turnkey furnished, with newer appliances and a hot water heater just a year old. Investors will find the potential for short-term rentals appealing, given the unit's strong rental track record. Community amenities abound, including golf, tennis, pickleball, pools, spas, clubhouse, restaurant, 24-hour gated security, and more.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 1
  • Living Area: 1,065 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (760) 345-2527
  • Listing Agent: Catherine Joubert

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Furnished

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Golf Course, Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport, Side By Side

Lot Features

Lot Information:

  • Lot: Irrigation System, On Golf Course, Sprinklers
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Upon entering the main gate, make the first left turn onto Preston Trail and look for the address. Cross Street: Preston Trail.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $352/SqFt

HOA Fees:

  • Amount: $686
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,923
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

Med. Sold Price

$571.9K

Med. Price/SqFt

$337

Avg. Days On Market

56

# of Sold Homes

162

40657 Preston Trl vs Palm Desert

11 DAYS ON ROCKET

-45 Days

$375,000

-$196.9K Less

$352/SqFt

+$15 More

KEY TAKEAWAY

This property is $196.9K less than the Median Sold Price and $15/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219110769DA

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (760) 345-2527
  • Listing Agent: Catherine Joubert

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2014Home Sold
$185,000
Dec 02, 2004Home Sold
$270,000
Jul 25, 2003Home Sold
$180,000
Feb 28, 2002Home Sold
$140,000
May 21, 1999Home Sold
$99,000
Jul 17, 1997Home Sold
$84,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,923$212,296
2020$2,922$210,120
2018$2,744$195,406
2017$2,672$191,575

History based on county public records data.

Payment Calculator

$2,625

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3947461
6
/10
  • Ronald Reagan Elementary School

  • 39800 Liberty Dr

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-3947462
6
/10
  • James Monroe Elementary School

  • 42100 Yucca Ln

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-3947463
6
/10
  • Gerald R. Ford Elementary School

  • 44210 Warner Trl

  • 1.77 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,438. The most common annual income of people living in Palm Desert, CA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40657 Preston Trl

What is the listing price of this property?

The listing price of 40657 Preston Trl property is $375,000.

What type of property is this?

The property 40657 Preston Trl is a condo located in Palm Desert, California, 92211.

Is this property for sale now?

Active Listing: 40657 Preston Trl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,923 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 26, 2014 for $185,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 40657 Preston Trl has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40657 Preston Trl is 1,065 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40657 Preston Trl is 1983.

Rocket HomesCaliforniaRiverside CountyPalm Desert9221140657 Preston Trl

This home is located at 40657 Preston Trl in Palm Desert, CA and zip code 92211. This 1,065 square foot home, which was built in 1983, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $375,000.

While more than 20 listings in Palm Desert, CA in April 2024 were sold above asking price, there were more than 37 listings sold at asking price, and more than 105 were sold below. The inventory of homes for sale in Palm Desert, CA between March 2024 and April 2024 increased by 2.2%. Listings spent 56 days on the market in April 2024, and had a median list price of $571,935 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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