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56438 Palms Dr

La Quinta, CA 92253

3 bd 4 ba 3,078 sqft Built 2002 Lot 8,712 sqft single_family
Most recent sale
$1,344,000
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2022 Sold $1,344,000 MLS #219073382
Feb 4, 2022 Listed $1,395,000 MLS #219073382
Dec 18, 2018 Listing removed $3,750 PalmDesert
Sep 4, 2014 Listing removed $9,500 PalmDesert
Nov 15, 2011 Sold $509,000 MLS #21432239
Sep 2, 2011 Price changed $519,000 MLS #21432239
Jul 7, 2011 Listed $525,000 MLS #21432239
Jul 1, 2011 Listing removed $569,000 PalmDesert
May 20, 2011 Price changed $569,000 MLS #21423512
Apr 22, 2011 Price changed $599,995 MLS #21423512
Mar 12, 2011 Listed $625,000 MLS #21423512
Sep 2, 2010 Listing removed $729,000 PalmDesert
Jun 3, 2010 Listed $729,000 MLS #21399223
May 24, 2010 Listing removed $3,750 PalmDesert
Mar 26, 2010 Listed for rent $3,750 PalmDesert
Mar 25, 2010 Listing removed $3,750 PalmDesert
Dec 18, 2009 Listed for rent $3,750 PalmDesert
Mar 15, 2007 Listed for rent $9,500 PalmDesert
Sep 7, 2005 Listing removed $10,500 PalmDesert
Mar 13, 2005 Listed for rent $9,500 PalmDesert
Feb 24, 2005 Sold $835,000 Public Record
Jun 24, 2003 Listed for rent $10,500 PalmDesert
Jun 19, 2002 Sold $507,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,246,919 $185,711 $1,432,630 $18,867
2024 $1,246,919 $185,711 $1,432,630 $18,364
2023 $1,198,500 $178,500 $1,377,000 $18,152
2022 $391,769 $210,676 $602,445 $8,231
2021 $384,088 $206,546 $590,634 $7,989
2020 $380,150 $204,429 $584,579 $7,897
2019 $372,697 $200,421 $573,118 $7,755
2018 $365,390 $196,492 $561,882 $7,593
2017 $358,226 $192,640 $550,866 $7,583
2016 $351,202 $188,863 $540,065 $7,262
2015 $345,928 $186,027 $531,955 $6,977
2014 $339,152 $182,384 $521,536 $6,945
2013 $337,620 $181,560 $519,180 $6,895
2012 $331,000 $178,000 $509,000 $6,305
2010 $452,000 $243,000 $695,000 $8,714
2009 $583,970 $314,445 $898,415 $10,709
2008 $572,520 $308,280 $880,800 $10,115
2007 $561,295 $302,236 $863,531 $10,099

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
3,078 sqft
Lot size
8,712 sqft
ZIP code
92253
City
La Quinta
Street
Palms Dr
Coordinates
33.63885, -116.24160

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,850
Gross rental yield
8.79%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 56438 Palms Dr last sell?
56438 Palms Dr most recently sold on Apr 12, 2022 for $1,344,000.
What is the current tax assessment for 56438 Palms Dr?
The most recent total assessment for 56438 Palms Dr (year 2025) is $1,432,630 with $18,867 in property tax.
How does 56438 Palms Dr's assessment compare to its last sale price?
The current assessment is 6.6% above the last sale price of $1,344,000.
When was 56438 Palms Dr built?
56438 Palms Dr was built in 2002.
How does 56438 Palms Dr compare to others on Palms Dr?
We track 8 other properties on Palms Dr. Browse the list under "Other properties on Palms Dr" to compare beds, baths, and sale history.
What are the property facts for 56438 Palms Dr?
56438 Palms Dr is a 3 bed, 4 bath, 3,078 sqft, 8,712 sqft lot single_family.
Is 56438 Palms Dr a flip candidate?
No — 56438 Palms Dr does not appear in our flips dataset.
Is 56438 Palms Dr a tax-appeal candidate?
No — 56438 Palms Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$1.37M
2026 Q4
$1.36M
ZIP 92253 — Median Price History + Forecast

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