NOT LISTED FOR SALE

45631 Portola Ave Palm Desert, CA 92260

Estimated Value: $658,000 - $1,000,000

4 Beds
4 Baths
2,544 Sq Ft
$315/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $579,900 $228 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,231/month

6 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Ceramic Tile Flooring
  • Palm Desert High School Rated A
  • Entrance Foyer
  • Central Heating and Cooling System

About This Home

As of April 2021

Fabulous Duplex. Almost directly across from Washington Charter School, the #1 school in Palm Desert. Many tenants move to this area just to have their children in this school. Large 2 bedroom units with private patio off MBR. Also large patio in side and back yard. Easy access from glass slider doors off kitchen for bar-b-qing, sun bathing and enjoying the area.

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 03/18/2021

Last Buyer's Agent

Scott Walter

AC Eagle Corporation License #02084672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,872

Year Built

  • Built in 1986

Lot Details

  • 8,712

Home Design

  • Duplex
  • "S" Clay Tile Roof

Interior Spaces

  • 2,544 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Dining Area
  • Mountain Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener

Schools

  • Washington Charter Elementary School
  • Palm Desert High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • 8,712 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for air cond/heat main, electricity, cable TV
  • The owner pays for gardener, trash collection, water
  • Assessor Parcel Number 627351038

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $34,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,872

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Entry Location: Foyer, Ground Level - No Steps
  • List Price per Sq Ft: 227.95
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1986
  • Internal Listing I D: 20210320003730663632000000
  • Listing I D: 219059145
  • Listing Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Fax: (760) 340-9069
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 2905 E Tahquitz Canyon Way, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-5083
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None

Interior Features

  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry Equipment: Hook-Ups
  • Laundry: In Garage
  • Estimated Sq Ft: 2544.00

Exterior Features

  • Roofing: Clay Tile
  • View: Yes
  • Numberof Patios: 4
  • Paved: Yes

Garage/Parking

  • Parking: Covered, Garage Door Opener
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 627351038
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Gardener, Trash Collection, Water
  • Tenant Pays: Air Cond/Heat Main, Electricity, Cable TV
  • Land Lease Type: Fee Simple

Multi Family

  • Rent Control: Yes
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Number Of Rented Garages: 2
  • Total Units: 2

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 18, 2021
Sold by
Moore Isaac
Bought by
Lapzblu Llc
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Scott Walter
AC Eagle Corporation
List Price
$579,900
Sold Price
$579,900
Total Days on Market
6
Current Estimated Value
$800,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,393
Avg. Annual Appreciation
6.85%

Purchase Details

Listed on
Mar 18, 2021
Closed on
Apr 6, 2021
Sold by
Larios Eduardo and Larios Jenny
Bought by
Moore Isaac
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Scott Walter
AC Eagle Corporation
List Price
$579,900
Sold Price
$579,900

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 13, 2016
Sold by
Eastman Cheryl
Bought by
Larios Edward and Larios Jenny
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$310,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 26, 2013
Closed on
Nov 20, 2013
Sold by
Berger Bruning Brandace Joan
Bought by
Eastman Cheryl and The Eastman Living Trust
Seller's Agent
Betsy Justice
California Lifestyle Realty
Buyer's Agent
Jeannie Niles
Jeannie Niles Real Estate
List Price
$439,000
Sold Price
$400,000
Premium/Discount to List
-$39,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%
Original Mortgage
$212,500
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2001
Sold by
Henry Burns
Bought by
Berger Christobel Jeanette and Christobel Jeanette Berger 1996 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1993
Sold by
Yerger Richard E
Bought by
Henry Burns

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
6.88%
Source: Public Records

Similar Homes in Palm Desert, CA

  • 73605 Catalina Way, Palm Desert, CA 92260

    $799,000

    • 4 Beds
    • 4 Baths
    • 2,264 Sq Ft
    • 73605 Catalina Way
    • Palm Desert, CA

    Welcome to this beautifully maintained duplex located in the heart of Palm Desert! Each unit in this property offers a spacious and functional layout featuring two bedrooms and two bathrooms, perfect for families or roommates. Enjoy the warm desert evenings in the private outdoor spaces, perfect for relaxing or entertaining. 1st unit has large pool in the backyard, perfect for entertaining. This

    Gina Marie Acosta Gina M. Acosta, Broker

    Section Image
  • 73345 Royal Palm Dr, Palm Desert, CA 92260

    $639,000

    • 4 Beds
    • 3 Baths
    • 1,589 Sq Ft
    • 73345 Royal Palm Dr
    • Palm Desert, CA

    Welcome to 73345 Royal Palm Drive--a rare investment opportunity in the heart of Palm Desert. This centrally located income property features two buildings: a front house with 2 bedrooms and 1 bathroom, and a rear structure comprising two 1-bedroom, 1-bathroom units. Each unit offers an open-concept layout with abundant natural light, creating a warm and inviting atmosphere.The property is

    Tyler Hauer-Salhus Coldwell Banker Realty

    Section Image
  • 73760 Rancho Rd, Palm Desert, CA 92260

    $739,000

    • 3 Beds
    • 3 Baths
    • 1,957 Sq Ft
    • 73760 Rancho Rd
    • Palm Desert, CA

    NICE TRIPLEX GOOD TENANT HISTORY, ONE STUDIO , ONE BEDROOM AND, A 2 BEDROOMMOTIVATED SELLER SUBMIT ALL OFFERS!!! OWNER RECENTLY REFRESHED THE 3 UNITS WITH A COST OF ABOUT 60K

    Jeff Lander Hacienda Agency, Inc.

    Section Image

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
Lapzblu Llc -- Accommodation
Moore Isaac $580,000 First American Title Company
Larios Edward $420,000 First American Title Company
Eastman Cheryl $400,000 First American Title Company
Berger Christobel Jeanette $275,000 American Title
Henry Burns $162,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larios Edward $310,000
Previous Owner Eastman Cheryl $212,500
Previous Owner Berger Christobel Jeanette $201,500
Previous Owner Berger Christobel Jeanette $185,000
Previous Owner Shaski Tisha A $114,000
Previous Owner Henry Burns $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $579,900 0.0% $228 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $579,900 +38.1% $228 / Sq Ft
08/31/2016 08/31/16 Sold $420,000 -6.7% $165 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $450,000 +12.5% $177 / Sq Ft
11/27/2013 11/27/13 Sold $400,000 -8.9% $157 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $439,000 -- $173 / Sq Ft
Source: California Desert Association of REALTORS®

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
2023 $8,872 $603,327 $156,060 $447,267
2022 $8,299 $591,498 $153,000 $438,498
2021 $6,481 $450,323 $112,580 $337,743
2020 $6,375 $445,706 $111,426 $334,280
2019 $6,263 $436,968 $109,242 $327,726
2018 $6,155 $428,400 $107,100 $321,300
2017 $6,035 $420,000 $105,000 $315,000
2016 $5,924 $414,211 $103,552 $310,659
2015 $5,928 $407,992 $101,998 $305,994
2014 $5,635 $400,000 $100,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219059145

California Desert Association of REALTORS®

APN: 627-351-038