40748 Terraza Dr, Palm Desert, CA 92260 Property Records

Riverside County property record for 40748 Terraza Dr, Palm Desert, CA 92260

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.75 ba · 1,900 sqft · built 1999
Lot Size	0.2 acres (8,712 sqft)
Owner	2 Trust Names on File
Last Sale	$379,000 (Sep 2016)
Tax Bill	$6,366 (2025)
Deeds & Mortgages	Mar 2024 Transfer Feb 2024 Reverse Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`622-322-036`

Property Details

APN / Parcel Number

Primary APN	`622-322-036`

Interior

Bedrooms	3 Beds
Full Baths	1.75 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	1,900 sqft Living Area
Gross Area	2,833 sqft
1st Floor Area	1,900 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1999
Effective Year Built	Effective 2000
Construction Type	Wood
Roof Material	Tile
Lot Area	8,712 sqft (0.2 acres)
Garage Type	Attached
Garage Area	441 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Street Address	40748 TERRAZA DR
City	PALM DESERT
State	CA
Zip	92260-2358
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1010
Legal Description	.20 ACRES IN LOT 29 MB 224/028 TR 24254-2
Legal Subdivision	TRACT 242542
Legal Tract	24254-2
Legal Lot Number	29
Jurisdiction	RIVERSIDE CA
Township / Civil Division	CATHEDRAL CITY-PALM DESERT
Census Block Group	4
Census Block	4008
Census Tract	44929

Owner

40748 Terraza Dr is owner-occupied and held in a trust since March 2024.

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

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

Owner of Record	2 Trust Names on File
Mailing Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Trust, Living Trust

Deeds, Mortgages & Sale History

Date	Document
Mar 28, 2024	Intrafamily Transfer, Transfer
Feb 29, 2024	Deed of Trust, Mortgage · Reverse Mortgage LONGBRIDGE FINANCIAL LLC
Oct 17, 2022	Affidavit of Death of Joint Tenant, Transfer
Mar 27, 2019	Quit Claim Deed, Transfer NOT AVAILABLE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 8, 2016 · Amount on File
Deed Sale	Sep 8, 2016 · Amount on File
Prior Sale	Jul 6, 2015 · Amount on File
Deed Document Number	2016389708
Last Transfer Date	Mar 22, 2024
Transfer Doc	0000090212
Record Updated	Sep 20, 2026

March 2024: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	RIVERSIDE CA
Recording Date	Mar 28, 2024
Property Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358
Document Number	0000090212
Map Reference	MB 224 PG 28-30
Instrument Date	Mar 22, 2024
Instrument	2024-0090212
Transaction Type	Transfer
Record Updated	Apr 11, 2024

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358

February 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	RIVERSIDE CA
Property Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358
Transaction Type	Mortgage
Record Updated	Mar 11, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358

Mortgage

Document Number	0000056438
Date	Feb 29, 2024
Instrument	2024-0056438

Lender

Name	LONGBRIDGE FINANCIAL LLC
Type	Reverse Mortgage Lender
Address	PARAMUS, NJ 07652

Agreement

Type	Reverse Mortgage
Amount	Amount on Record

Interest

Rate Type	Fixed Rate
Rate	7.21%
Adjustable	Adjustable Rate Rider
Type Change Date	Apr 1, 2024
Change Frequency	Monthly
Index	1-Year T-Bill
Max Rate	12.2%

October 2022: Affidavit of Death of Joint Tenant, Transfer

Document Type	Affidavit of Death of Joint Tenant
Jurisdiction	RIVERSIDE CA
Recording Date	Oct 17, 2022
Property Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358
Document Number	0000431098
Map Reference	MB 224 PG 28-30
Instrument Date	Jul 27, 2022
Instrument	2022-0431098
Transaction Type	Transfer
Record Updated	Oct 26, 2022

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358

March 2019: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	RIVERSIDE CA
Recording Date	Mar 27, 2019
Property Address	40748 TERRAZA DR, PALM DESERT, CA 92260-2358
Document Number	0000101784
Instrument Date	Mar 18, 2019
Instrument	101784
Transaction Type	Transfer
Record Updated	Apr 2, 2019
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Quitclaim Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	40748 TERRAZA DR PALM DESERT CA 922602358, PALM DESERT, CA 92260-2358

Tax Assessment & Valuation

The 2025 property tax bill for 40748 Terraza Dr was $6,366.

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		$448,651 (+2%) Land $134,589 Building $314,062
2025	$6,366.00	$439,854 Land $131,950 Building $307,904
2023	$6,016.00 (+3.46%)	$422,776 Land $126,827 Building $295,949
2022	$5,815.00
2021			$492,390

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

Flood

FEMA maps place 40748 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 40748 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 423 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, Hotwire Communications, T-Mobile.

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