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$785,000

Beds
3
Baths
2.5
sq ft
2,231

40520 Posada Ct, Palm Desert, CA 92260

40520 Posada Ct

Palm Desert, CA 92260

  • 37 days on market
    • Price drop $14,000↓
Nestled in a prime Palm Desert cul-de-sac, this stunning two-story home is the epitome of desert living. With 3 bedrooms and 3 bathrooms, this spacious home is perfect for entertaining and relaxing. The beautifully remodeled kitchen flows effortlessly into a spacious dining area and great room, boasting soaring vaulted ceilings that make it ideal for hosting gatherings. The family room is the perfect spot to unwind, with a cozy fireplace and plenty of natural light. A dramatic staircase leads to the upper level where you'll find a serene primary suite with a spa-like bathroom featuring dual vanities, separate tub and shower, a private balcony, and a versatile retreat perfect for an office, gym, or craft room. Two additional bedrooms adjacent to the secondary bathroom upstairs offer family members or visitors their own private haven. Step outside and discover the ultimate outdoor oasis, complete with a built-in barbecue for alfresco dining, a sparkling pool with a spa, and a pool chiller for hot summer days. The industrial misting system keeps you cool under the desert sun, while the fire pit invites memorable nights under the stars. Don't miss this exceptional opportunity to own a piece of paradise in Palm Desert - this stunning home is the perfect retreat from the hustle and bustle of everyday life.

Details

Property type

Single Family Residence

Est. home value

$709,601

Lot size

7,841 sq ft

Price per sq ft

$352

Year built

1990

HOA

No

Price History

06/26/2024
CLAW

CLAW #24394851

Price change
$785,000
-1.75%
05/23/2024
CLAW

CLAW #24394851

Listed
$799,000
-0.12%
05/11/2024
CLAW

CLAW #23327381

Removed
$799,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$436,708
Asking price
$785,000
Closing costs (~8% of asking)
-$62,800
Est. remaining loan balance
-$285,492
Cash to seller
$436,708

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$312,000

Est. remaining balance

$285,492

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Tyler J Jackson and Brittany H Jackson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 06/29/2024 at 6:05 AM

Listing updated: 06/26/2024 at 9:43 AM

Listed by: Brian/Kerri Sullivan Real Est..., Equity Union Phone #: (760) 621-0395

MLS: CLAW #24394851

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