40535 Terraza Dr, Palm Desert, CA 92260 Property Records

Riverside County property record for 40535 Terraza Dr, Palm Desert, CA 92260

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,025 sqft · built 1999
Lot Size	0.23 acres (10,019 sqft)
Owner	2 Trust Names on File
Last Sale	$439,000 (Sep 2019)
Tax Bill	$6,859 (2025)
Deeds & Mortgages	Nov 2020 Mortgage Nov 2019 Transfer + 2 more
Flood Zone	Zone X (minimal risk)
APN	`622-321-035`

Property Details

APN / Parcel Number

Primary APN	`622-321-035`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	2,025 sqft Living Area
Gross Area	2,518 sqft
1st Floor Area	2,025 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1999
Effective Year Built	Effective 2000
Construction Type	Wood
Roof Material	Tile
Lot Area	10,019 sqft (0.23 acres)
Garage Type	Attached
Garage Area	421 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Street Address	40535 TERRAZA DR
City	PALM DESERT
State	CA
Zip	92260-2354
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	.23 ACRES IN POR LOTS 6 & 7 MB 224/028 TR 24254-2
Legal Subdivision	TRACT 24254 2
Legal Tract	24254-2
Legal Lot Number	6
Jurisdiction	RIVERSIDE CA
Township / Civil Division	CATHEDRAL CITY-PALM DESERT
Census Block Group	4
Census Block	4000
Census Tract	44929

Owner

40535 Terraza Dr is owner-occupied and held in a trust since November 2019.

Source: Riverside County records, as of July 29, 2026

Owner of Record	2 Trust Names on File
Mailing Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust, Living Trust

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 3, 2020	Deed of Trust, Mortgage · Conventional Mortgage FRANKLIN LOAN CENTER
Nov 20, 2019	Quit Claim Deed, Transfer ATTORNEY ONLY
Sep 20, 2019	Quit Claim Deed FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE IE
Sep 20, 2019	Grant Deed, Transfer · Conventional with PMI FRANKLIN LN CTR

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 20, 2019 · Amount on File
Deed Sale	Sep 20, 2019 · Amount on File
Prior Sale	May 20, 2002 · Amount on File
Deed Document Number	2019372809
Last Transfer Date	Nov 18, 2019
Transfer Doc	0000479059
Record Updated	Oct 29, 2026

November 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RIVERSIDE CA
Property Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354
Transaction Type	Mortgage
Record Updated	Oct 21, 2022
Title Company	FIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354

Mortgage

Document Number	0000538587
Date	Nov 3, 2020
Instrument	2020-0538587

Lender

Name	FRANKLIN LOAN CENTER
Type	Mortgage Company
Address	PALM DESERT, CA 92260

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Nov 1, 2050

November 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Nov 20, 2019
Property Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354
Document Number	0000479059
Instrument Date	Nov 18, 2019
Instrument	479059
Transaction Type	Transfer
Record Updated	Dec 5, 2019
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	PO BOX 92255 PALM DESERT CA 92255, PALM DESERT, CA 92255

September 2019: Quit Claim Deed

Document Type	Quit Claim Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Sep 20, 2019
Property Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354
Document Number	0000372808
Instrument Date	Aug 13, 2019
Instrument	372808
Record Updated	Oct 3, 2019
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE IE

Transaction

Tax	$0.00
Amount Accuracy	Full Value
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Separate Estate/Property
Address	43665 TEXAS AVE PALM DESERT CA 922117529, PALM DESERT, CA 92211-7529

September 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Sep 20, 2019
Property Address	40535 TERRAZA DR, PALM DESERT, CA 92260-2354
Document Number	0000372809
Instrument Date	Jul 29, 2019
Instrument	372809
Transaction Type	Transfer
Record Updated	Oct 3, 2019
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NAT'L TITLE-IE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$482.90
Amount Accuracy	Full Value
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Separate Estate/Property
Address	43665 TEXAS AVE PALM DESERT CA 922117529, PALM DESERT, CA 92211-7529

Mortgage

Document Number	372810
Date	Sep 20, 2019
Instrument	372810

Lender

Name	FRANKLIN LN CTR
Type	Funding / Finance Company
Address	PALM DESERT, CA 92260

Agreement

Type	Conventional with PMI
Amount	Amount on Record
Term	360 Months
Due	Sep 19, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 40535 Terraza Dr was $6,859.

Source: Riverside County assessment roll, as of July 29, 2026

Property Jurisdictions

Type	Name
State	California
County	Riverside County
Municipality	Palm Desert City
Unified School District	Desert Sands Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$489,708 (+2%) Land $97,048 Building $392,660
2025	$6,859.00	$480,107 Land $95,146 Building $384,961
2023	$6,490.00 (+3.34%)	$461,465 Land $91,452 Building $370,013
2022	$6,280.00
2021			$486,810

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 40535 Terraza Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 14, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 40535 Terraza Dr has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	COACHELLA VWD: COVE COMMUNITY serves 270,000 people · EPA ID CA3310001
Water Source	Groundwater
Last State Inspection	Dec 2022
Lead	Under 1 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 448 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
AT&T Fixed Wireless	100 / 20

May also be available: GeoLinks, T-Mobile.

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