$420,000
SOLD AUG 31, 2016

45631 Portola Ave Palm Desert, CA 92260

4 Beds
4 Baths
2,544 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

7% Below List Price

440 Days on Market

Highlights

  • Living Room with Fireplace
  • Palm Desert High School Rated A
  • Views

About This Home

As of April 2021

Fantastic Duplex, across from top rated Charter School. 2 car garages, private back patios. Strong Rental Area.

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 06/15/2015

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,872

Year Built

  • Built in 1986

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 627351038

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,100
  • Trash Expense $275
  • Gross Income $28,800

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
  • Levels: One
  • Price Per Unit: 212500.00
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 167.06
  • Lp Sp Ratio: 0.9882
  • Year Built: 1986
  • Internal Listing I D: 20190608184703979069000000
  • Listing I D: 215018332
  • 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 Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Log
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2544.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 2.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 2
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 627351038
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Total Fireplaces: 2
  • Total Units: 2

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
Current Estimated Value
$853,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,358
Avg. Annual Appreciation
8.30%

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

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Quit Claim Deed -- Accommodation
Grant Deed $580,000 First American Title Company
Grant Deed $420,000 First American Title Company
Grant Deed $400,000 First American Title Company
Grant Deed $275,000 American Title
Grant Deed $162,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $310,000 Commercial
Previous Owner $212,500 Commercial
Previous Owner $201,500 Commercial
Previous Owner $185,000 Commercial
Previous Owner $114,000 Commercial
Previous Owner $113,400 No Value Available
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
2025 $8,872 $627,700 $162,364 $465,336
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

  • Jeannie Niles

    Seller's Agent in 2021

    Jeannie Niles

    Jeannie Niles Real Estate

    (760) 574-8456

    18 Total Sales

    Jeannie Niles
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Walter

    AC Eagle Corporation

  • O

    Buyer's Agent in 2016

    Out Side Agent

    Desert Real Estate Consultants, Inc.

  • B

    Seller's Agent in 2013

    Betsy Justice

    California Lifestyle Realty

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215018332

California Desert Association of REALTORS®

APN: 627-351-038

California Riverside County Palm Desert 92260

45631 Portola Ave, Palm Desert, CA

This home is located at 45631 Portola Ave, Palm Desert, CA 92260 and is currently priced at $420,000, approximately $165 per square foot. This property was built in 1986. 45631 Portola Ave is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter 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.

California Desert Association of REALTORS® 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.

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