NOT LISTED FOR SALE

1040 S La Verne Way Palm Springs, CA 92264

Estimated Value: $1,470,000 - $1,905,000

3 Beds
2 Baths
1,781 Sq Ft
$930/Sq Ft Est. Value

About This Home

This home is located at 1040 S La Verne Way, Palm Springs, CA 92264 and is currently estimated at $1,656,928, approximately $930 per square foot. 1040 S La Verne Way is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Chavez Cheryl A and Chavez Eddie M
Bought by
Chavez Edgardo M and Chavez Cheryl A
Current Estimated Value
$1,656,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2019
Sold by
Hawkes Helga
Bought by
Chavez Cheryl A and Chavez Eddie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
Sold by
Murphy Michael R
Bought by
Hawkes Howard J and Hawkes Helga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,750
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Wurtzel Richard
Bought by
Murphy Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Engstrom Glenn H
Bought by
Kramer Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1996
Sold by
Backstrom Robert G and Backstrom Virginia
Bought by
Engstrom Glenn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chavez Edgardo M -- First American Title
Chavez Cheryl A $1,150,000 First American Title
Hawkes Howard J $749,000 First American Title Company
Murphy Michael R $429,000 Chicago Title Co
Kramer Robert G $205,000 Chicago Title Co
Engstrom Glenn H $130,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez Edgardo M $920,000
Previous Owner Chavez Cheryl A $920,000
Previous Owner Hawkes Howard J $561,750
Previous Owner Murphy Michael R $279,000
Previous Owner Kramer Robert G $164,000
Previous Owner Engstrom Glenn H $50,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,261 $1,257,688 $131,235 $1,126,453
2023 $15,261 $1,208,852 $126,140 $1,082,712
2022 $15,572 $1,185,150 $123,667 $1,061,483
2021 $15,254 $1,161,913 $121,243 $1,040,670
2020 $14,560 $1,150,000 $120,000 $1,030,000
2019 $8,594 $668,720 $200,720 $468,000
2018 $8,276 $643,000 $193,000 $450,000
2017 $7,887 $609,000 $183,000 $426,000
2016 $7,804 $609,000 $183,000 $426,000
2015 $7,608 $609,000 $183,000 $426,000
2014 $7,634 $606,000 $182,000 $424,000
Source: Public Records

Map

California Riverside County Palm Springs 92264

1040 S La Verne Way, Palm Springs, CA

Not Listed for Sale

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