NOT LISTED FOR SALE

44850 Cabrillo Ave Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $1,050,000 - $1,222,000

6 Beds
7 Baths
4,000 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $740,000 $185 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,466/month

25 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Enclosed patio or porch
  • Palm Desert High School Rated A
  • Corner Lot
  • Built-In Features

About This Home

As of September 2019

Back on Market - Buyer could not perform! Well located Fourplex just off of 111 and the El Paseo in prime Palm Desert. Great unit mix with two 2 bed, 2 bath end units, 1 bed 1 bath and a studio - all with upside potential. Well maintained property with recently updated roof and new ACs. Units have been recently painted and feature large enclosed patios, central air and heat and newer appliances including washer dryers in each. Large "Owners Unit" has own driveway with plentiful parking, side garden and will be delivered vacant along with the studio. Both two bedroom end units feature classic rock fireplaces. Building has large parking lot and lush landscaping. Low operating expenses. Great opportunity!

Last Agent to Sell the Property

Elizabeth Welchman

Core Real Estate Group License #01824923 Listed on: 06/21/2019

Core Real Estate Group

Last Buyer's Agent

Elizabeth Welchman

Core Real Estate Group License #01824923 Listed on: 06/21/2019

Core Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,531

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 9,940 Sq Ft Lot
  • Corner Lot
  • Sprinklers on Timer

Home Design

  • Quadruplex
  • Midcentury Modern Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 7 Open Parking Spaces
  • 10 Parking Spaces
  • Driveway

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 625-083-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,531

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 4000
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laundry - Closet Stacked
  • Number Carpet: 0
  • Number Dishwasher: 3
  • Number Disposal: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Tile
  • Appliances: Electric
  • Bedrooms: 6
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 192.25
  • Windows: Window Blinds

Exterior Features

  • Construction: Block
  • Tennis Court Y/N: No
  • Construction: Block
  • Number Patio: 4
  • Patio: Concrete Slab, Enclosed
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Driveway - Concrete
  • Total Parking: 10

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Street Paid
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessed Improvement Value: 172152
  • Assessed Land Value: 79450
  • Assessor Parcel Number: 625-083-004
  • Geocode Override: No
  • Lot Location: Corner Lot
  • Lot Size Area: 9940

Rental Info

  • Number Leased: 2
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Number Wall A C: 0
  • Total Annual Expense: 0
  • Type Of Units: Fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Sep 11, 2019
Sold by
Kassabian Gerayer V and Kourounian Garo
Bought by
Nordine Gary E and Nordine Carol Ann
Seller's Agent
Elizabeth Welchman
Core Real Estate Group
Buyer's Agent
Elizabeth Welchman
Core Real Estate Group
List Price
$769,000
Sold Price
$740,000
Premium/Discount to List
-$29,000
-3.77%
Current Estimated Value
$1,172,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,897
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Jan 9, 2017
Sold by
The George Marlinga Living Trust
Bought by
Kassabian Gerayer V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 12, 2015
Sold by
Marlinga George
Bought by
The George Marlinga Living Trust

Purchase Details

Closed on
Jul 1, 1998
Sold by
Mclaughlin John E
Bought by
Mclaughlin Charles A and Mclaughlin Alice P

Purchase Details

Closed on
Aug 26, 1984
Sold by
Mclaughlin Charles A and Mclaughlin Alice P
Bought by
Marlinga George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nordine Gary E $740,000 Equity Title Company
Kassabian Gerayer V $500,000 None Available
The George Marlinga Living Trust -- None Available
Mclaughlin Charles A -- Stewart Title Co
Marlinga George $190,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kassabian Gerayer V $350,000
Previous Owner Marlinga George $202,000
Previous Owner Marlinga George $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $740,000 -3.8% $185 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $769,000 -- $192 / Sq Ft
Source: The MLS

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 $12,531 $809,292 $229,663 $579,629
2023 $12,531 $777,868 $220,746 $557,122
2022 $11,578 $762,617 $216,418 $546,199
2021 $11,233 $747,665 $212,175 $535,490
2020 $11,057 $740,000 $210,000 $530,000
2019 $8,374 $520,199 $208,078 $312,121
2018 $8,238 $510,000 $204,000 $306,000
2017 $5,067 $251,602 $79,450 $172,152
2016 $4,956 $246,670 $77,893 $168,777
2015 $4,927 $242,967 $76,724 $166,243
2014 $4,342 $238,210 $75,222 $162,988
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Welchman

    Seller's Agent in 2019

    Elizabeth Welchman

    Core Real Estate Group

    (310) 666-9682

    8 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-480850

The MLS

APN: 625-083-004

California Riverside County Palm Desert 92260 Palma Village Groves

44850 Cabrillo Ave, Palm Desert, CA

This home is located at 44850 Cabrillo Ave, Palm Desert, CA 92260 since 21 June 2019 and is currently estimated at $1,138,138, approximately $284 per square foot. This property was built in 1962. 44850 Cabrillo Ave is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, La Quinta Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes