NOT LISTED FOR SALE

Estimated Value: $845,000 - $961,000

3 Beds
4 Baths
2,846 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 54865 Inverness Way, La Quinta, CA 92253 and is currently estimated at $909,357, approximately $319 per square foot. 54865 Inverness Way is a home located in Riverside County with nearby schools including Westside Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Hotchkin Janet Ann
Bought by
Landau Michael and Landau Sharon
Current Estimated Value
$924,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$252,233
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$666,851

Purchase Details

Closed on
Sep 24, 2014
Sold by
Palka James J and Palka Wanda L
Bought by
Hotchkin Janet Ann

Purchase Details

Closed on
Apr 8, 2005
Sold by
Popst Greg and Popst Robin
Bought by
Palka James J and Palka Wanda I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2003
Sold by
Sevekow Fred M and Sevekow Jonne W
Bought by
Popst Greg and Popst Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2002
Sold by
Smith Alan H and Smith Karen
Bought by
Sevekow Fred M and Sevekow Jonne W

Purchase Details

Closed on
Nov 16, 1998
Sold by
Schreck Michael J and Schreck Margaret B
Bought by
Smith Alan H and Smith Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,700
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1996
Sold by
Holm Donald J and Holm Karen Karen
Bought by
Schreck Michael J and Schreck Margaret B
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.

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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
Landau Michael $510,000 Wfg National Title Company
Hotchkin Janet Ann $555,000 Lawyers Title
Palka James J $710,000 Southland Title Inland
Popst Greg $510,000 Southland Title Company
Sevekow Fred M $485,000 Orange Coast Title
Smith Alan H $393,000 First American Title Co
Schreck Michael J $395,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landau Michael $290,000
Previous Owner Sun William $173,045
Previous Owner Palka James J $275,000
Previous Owner Popst Greg $408,000
Previous Owner Smith Alan H $353,700
Closed Popst Greg $51,000
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 $7,658 $557,754 $86,122 $471,632
2023 $7,658 $536,098 $82,779 $453,319
2022 $7,349 $525,587 $81,156 $444,431
2021 $7,191 $515,282 $79,565 $435,717
2020 $7,113 $510,000 $78,750 $431,250
2019 $8,252 $597,949 $209,282 $388,667
2018 $8,087 $586,226 $205,179 $381,047
2017 $8,110 $574,732 $201,156 $373,576
2016 $7,806 $563,463 $197,212 $366,251
2015 $7,513 $555,000 $194,250 $360,750
2014 $7,261 $527,000 $184,000 $343,000
Source: Public Records

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