NOT LISTED FOR SALE

45868 San Luis Rey Ave Palm Desert, CA 92260

Estimated Value: $773,000 - $903,306

3 Beds
3 Baths
1,736 Sq Ft
$489/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $784,000 $452 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,535/month

32 Days on Market

Highlights

  • Mountain View
  • Furnished
  • Tile Flooring
  • Palm Desert High School Rated A
  • 1 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of August 2022

Location, location, location plus a rare short-term rental! Don't miss this true mid-century modern gem just a few blocks from EL PASEO shopping and dining! This gorgeous three bedroom and three bathroom, approximately 1,736 square-foot property has an open floor plan that allows for a light and airy flow from room to room, boasting a newly renovated kitchen, three baths with a spa tub in the primary and gorgeous celestial windows. Enjoy classic tongue and groove ceilings, a brick fireplace, tile flooring throughout and the convenience of a Ring doorbell and a Nest thermostat. Relax on the patio and soak up the sun. If you've had enough sun, head over to the covered patio. The backyard is super private with mature landscaping and has plenty of space. One of the few single-family residences in Palm Desert with no HOA's which allows short term rentals! This property is just a few blocks from the Shadow Mountain Golf Club. Don't miss this rare opportunity to own a short-term rental behind EL PASEO!

Last Agent to Sell the Property

Brandon Lane

Coldwell Banker Realty License #01976516 Listed on: 07/07/2022

Coldwell Banker Realty

Co-Listed By

Matthew Lane

Coldwell Banker Realty License #02160566

Last Buyer's Agent

Yoko Shishido

Ocean Palisades Realty, Inc. License #02065879

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,317

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinklers on Timer
  • Property is zoned R-3

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Brick Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Tile Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 627335003

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,317

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 460.25
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 1955
  • Co Listing Member Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Co Listing Office Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Listing I D: 219081737
  • Listing Member Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Listing Office Address: 121 S Palm Canyon Dr 222, Anthony Papillo, Palm Springs, CA 92262
  • Selling Office Address: 19210 S Vermont Ave Ste B-215, Gardena, CA 90248-4426
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick, Gas
  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 1736.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: On Street, Driveway
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Fireplace(s)
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 627335003
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 7405.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 10, 2022
Sold by
Levon Vardapetyan
Bought by
Comidia Inc
Seller's Agent
Brandon Lane
Coldwell Banker Realty
Buyer's Agent
Yoko Shishido
Ocean Palisades Realty, Inc.
List Price
$799,000
Sold Price
$784,000
Premium/Discount to List
-$15,000
-1.88%
Current Estimated Value
$838,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,587
Avg. Annual Appreciation
1.62%

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 30, 2021
Sold by
Yepremyan Vardui
Bought by
Vardapetyan Levon
Seller's Agent
Elli Tourje
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brandon Lane
Coldwell Banker Realty
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$532,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 7, 2021
Sold by
Tabler Thomas P and Tabler Andrea W
Bought by
Vardapetyan Levon
Seller's Agent
Elli Tourje
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brandon Lane
Coldwell Banker Realty
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 2, 2021
Sold by
Tabler Thomas P and Tabler Andrea W
Bought by
Vardapetyan Levon
Seller's Agent
Elli Tourje
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Brandon Lane
Coldwell Banker Realty
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2014
Closed on
Feb 21, 2014
Sold by
Shea Brendan J O and Shea Mary A Martin O
Bought by
Tabler Thomas P and Tabler Andrea W
Seller's Agent
Robert La Bianca
HomeSmart
Buyer's Agent
Sheri Dettman
Equity Union
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$300,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Oshea Brendan and Martin Oshea Mary
Bought by
Oshea Brendan J and Martin Oshea Mary A

Purchase Details

Closed on
Mar 26, 2004
Sold by
Oshea Brendan and Martin Oshea M
Bought by
Oshea Brendan J and Martin Oshea Mary A

Purchase Details

Closed on
Oct 13, 2003
Sold by
Matthews Judy
Bought by
Oshea Brenda and Martin Oshea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 13, 1996
Sold by
Forte Lori and Forte Lori
Bought by
Matthews Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,582
Interest Rate
8.23%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1994
Sold by
Zobie Esther A
Bought by
Forte Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Comidia Inc $784,000 None Listed On Document
Vardapetyan Levon -- Landwood Title
Vardapetyan Levon $710,000 Landwood Title
Vardapetyan Levon $710,000 Landwood Title
Tabler Thomas P $375,000 Oct
Oshea Brendan J -- None Available
Oshea Brendan J -- --
Oshea Brenda $267,000 First American Title Co
Matthews Judy $110,000 Orange Coast Title
Miller Lori Forte -- Orange Coast Title
Forte Lori $51,500 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vardapetyan Levon $532,500
Previous Owner Vardapetyan Levon $532,500
Previous Owner Tabler Thomas P $300,000
Previous Owner Oshea Brenda $213,600
Previous Owner Matthews Judy $38,300
Previous Owner Matthews Judy $172,000
Previous Owner Matthews Judy $108,538
Previous Owner Matthews Judy $109,582
Previous Owner Forte Lori $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $784,000 -1.9% $452 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $799,000 +12.5% $460 / Sq Ft
12/30/2021 12/30/21 Sold $710,000 +1.6% $409 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $699,000 +86.4% $403 / Sq Ft
02/25/2014 02/25/14 Sold $375,000 -1.1% $216 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $379,000 -- $218 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $11,317 $860,553 $46,818 $813,735
2023 $11,317 $784,000 $45,000 $739,000
2022 $9,246 $710,000 $230,000 $480,000
2021 $5,708 $424,681 $127,400 $297,281
2020 $5,608 $420,327 $126,094 $294,233
2019 $5,505 $412,086 $123,622 $288,464
2018 $5,405 $404,007 $121,200 $282,807
2017 $5,296 $396,086 $118,824 $277,262
2016 $5,169 $388,321 $116,495 $271,826
2015 $5,179 $382,491 $114,747 $267,744
2014 $4,188 $309,665 $77,413 $232,252
Source: Public Records

Agents Affiliated with this Home

  • Brandon Lane

    Seller's Agent in 2022

    Brandon Lane

    Coldwell Banker Realty

    (619) 920-7003

    13 Total Sales

    Section Image
  • Matthew Lane

    Seller Co-Listing Agent in 2022

    Matthew Lane

    Coldwell Banker Realty

    (424) 634-0686

    24 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2022

    Yoko Shishido

    Ocean Palisades Realty, Inc.

    (310) 910-3553

    13 Total Sales

    Section Image
  • Elli Tourje

    Seller's Agent in 2021

    Elli Tourje

    Berkshire Hathaway HomeServices California Properties

    (760) 641-7828

    8 Total Sales

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  • R

    Buyer Co-Listing Agent in 2021

    Rahil Khosroabadi

    Rahil Khosroabadi

  • James Bianco

    Buyer Co-Listing Agent in 2021

    James Bianco

    Coldwell Banker Realty

    (760) 808-0650

    219 Total Sales

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219081737

Greater Palm Springs Multiple Listing Service

APN: 627-335-003

California Riverside County Palm Desert 92260

45868 San Luis Rey Ave, Palm Desert, CA

This home is located at 45868 San Luis Rey Ave, Palm Desert, CA 92260 since 07 July 2022 and is currently estimated at $848,577, approximately $488 per square foot. This property was built in 1955. 45868 San Luis Rey 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.

Greater Palm Springs Multiple Listing Service 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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