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261 LA Verne Way

Palm Springs, CA 92264

2 bd 2 ba 1,345 sqft Built 1976 Lot 1,307 sqft condos
Most recent sale
$444,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2024 Listing removed $2,200 TheMLSCLAW
Jan 13, 2024 Listed for rent $2,500 AppfolioUnits
Sep 1, 2023 Price changed for rent $2,500 TheMLSCLAW
Jun 14, 2023 Listed for rent $2,800 TheMLSCLAW
Oct 4, 2022 Sold $444,000 MLS #22-172045
Aug 12, 2022 Price changed $449,000 MLS #22-172045
Jun 29, 2022 Listed $459,000 MLS #22-172045
Mar 1, 2018 Listing removed $165,000 PalmSprings
Feb 28, 2018 Sold $165,000 MLS #17-203338PS
Dec 18, 2017 Relisted $165,000 MLS #17-203338PS
Dec 9, 2017 Listing removed $165,000 PalmSprings
Sep 18, 2017 Price changed $165,000 MLS #17-203338PS
May 11, 2017 Price changed $175,000 MLS #17-203338PS
Apr 27, 2017 Listing removed $185,000 TheMLSCLAW
Feb 17, 2017 Listed $165,000 MLS #300925059
Aug 14, 2015 Listing removed $1,150 Appfolio
Aug 13, 2015 Price changed for rent $1,150 Appfolio
Aug 12, 2015 Listing removed $1,200 RentalRoost
Aug 4, 2015 Listed for rent $1,200 RentalRoost
Jul 22, 2015 Listing removed $1,200 RentalRoost
Jul 13, 2015 Listed for rent $1,200 RentalRoost
Jul 11, 2015 Listing removed $1,200 RentalRoost
Jul 7, 2015 Listed for rent $1,200 Appfolio
Jul 5, 2015 Listed for rent $1,200 RentalRoost
May 12, 2015 Listing removed $1,200 Appfolio
May 4, 2015 Listing removed $1,200 RentalRoost
Feb 10, 2015 Listed for rent $1,200 RentalRoost
Sep 8, 1988 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $435,927 $26,010 $461,937 $5,611
2024 $435,927 $26,010 $461,937 $5,758
2023 $419,000 $25,000 $444,000 $5,865
2022 $128,664 $48,246 $176,910 $2,536
2021 $126,142 $47,300 $173,442 $2,488
2020 $124,849 $46,815 $171,664 $2,385
2019 $122,401 $45,898 $168,299 $2,348
2018 $50,508 $21,034 $71,542 $1,143
2017 $49,518 $20,622 $70,140 $1,130
2016 $48,548 $20,218 $68,766 $1,103
2015 $47,820 $19,915 $67,735 $1,048
2014 $46,884 $19,526 $66,410 $1,017
2013 $46,673 $19,439 $66,112 $1,006
2012 $45,758 $19,058 $64,816 $942
2010 $44,527 $18,547 $63,074 $913
2009 $44,634 $18,592 $63,226 $916
2008 $43,759 $18,228 $61,987 $861
2007 $42,901 $17,871 $60,772 $846

Property facts

Year built
1976
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,345 sqft
Lot size
1,307 sqft
ZIP code
92264
City
Palm Springs
Street
LA Verne Way
Coordinates
33.79272, -116.54370

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,304
Gross rental yield
11.63%
Implied cap rate
7.56%
Trend-extrapolated value

Frequently asked questions

When did 261 LA Verne Way last sell?
261 LA Verne Way most recently sold on Oct 4, 2022 for $444,000.
What is the current tax assessment for 261 LA Verne Way?
The most recent total assessment for 261 LA Verne Way (year 2025) is $461,937 with $5,611 in property tax.
How does 261 LA Verne Way's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $444,000.
When was 261 LA Verne Way built?
261 LA Verne Way was built in 1976.
How does 261 LA Verne Way compare to others on LA Verne Way?
We track 8 other properties on LA Verne Way. Browse the list under "Other properties on LA Verne Way" to compare beds, baths, and sale history.
What are the property facts for 261 LA Verne Way?
261 LA Verne Way is a 2 bed, 2 bath, 1,345 sqft, 1,307 sqft lot condos.
Is 261 LA Verne Way a flip candidate?
No — 261 LA Verne Way does not appear in our flips dataset.
Is 261 LA Verne Way a tax-appeal candidate?
No — 261 LA Verne Way 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
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$904K
2026 Q4
$892.5K
ZIP 92264 — Median Price History + Forecast

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