NOT LISTED FOR SALE

48560 Legacy Dr La Quinta, CA 92253

Estimated Value: $735,000 - $780,000

3 Beds
3 Baths
1,706 Sq Ft
$695/mo HOA Fee

Last Sold February 22, 2016

Last sale price $350,000 $205 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,131/month

95 Days on Market

Highlights

  • Fitness Center
  • Heated Lap Pool
  • Gated Community
  • Unit is on the top floor
  • Panoramic View
  • Clubhouse

About This Home

As of February 2016

Location, Location, Location this unit was sought after by the current owner for its superior location in the resort with panoramic mountain views & privacy inside the popular resort community of Legacy Villas in La Quinta. Adjacent to the Famous Waldorf Astoria's historic La Quinta Spa Resort & Club. A top level 1 story condo, 3 bedroom, 3-bath with two balconies, both surrounded by the majestic Santa Rosa mountains. A perfect part time retreat or full time playground AND income opportunity. This condo can be rented as either a 1, 2 or 3 bedroom rental, each with private access. Offered completely turnkey designer furnished and ready to rent or enjoy today. Amenities include 13 pools/spas, pool cabanas, lap pools, club house, pool side grill, new fitness center, fountains, hammock gardens and outdoor fireplaces. Truly a resort experience. Legacy Villa's is convenient to all the desert cities, close to golf, the Indian Wells Tennis Gardens, fine dining, and old town La Quinta.

Last Agent to Sell the Property

Lori Ebeling

Coldwell Banker Realty License #01317602 Listed on: 11/06/2015

Coldwell Banker Realty

Last Buyer's Agent

Dan Fried

DHF Realty, Inc. License #00946411

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • End Unit

HOA Fees

  • $695 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Turnkey
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,706 Sq Ft Home
  • 3-Story Property
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Guest Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near clubhouse

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 658422019

Community Details

Overview

  • Association fees include building & grounds, clubhouse
  • Legacy Villas Subdivision
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One, Top
  • Builders Tract Code: Legacy Villas
  • Building Number Of Stories: 3
  • Entry Location: Top Level
  • Included In Sale: furnished per sellers inventory list
  • List Price per Sq Ft: 216.30
  • Lp Sp Ratio: 0.9485
  • View Type: Mountain(s), Panoramic
  • Water District Name: cvwd
  • Year Built: 2006
  • Listing I D: 215033394
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Legacy Villas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Retreat, Primary Bedroom
  • Fireplace Features: Gas Log, Glass Doors
  • Flooring: Tile
  • Bedroom Features: 2 Primary Bedrooms
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Slab Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1706.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Patio: Covered, Deck
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Heated, Lap
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Guest, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Clubhouse
  • Association Amenities: Barbecue, Guest Parking, Greenbelt/Park, Fitness Center, Clubhouse, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 695.00
  • Total Monthly Association Fees: 695.00
  • Unit Location: End Unit, Top Floor, Outside Unit

Lot Info

  • Assessor Parcel Number: 658422019
  • Lot Acres: 0.0500
  • Lot Location: Close to Clubhouse, Greenbelt
  • Lot Size: 2376.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2016
Sold by
Fried Daniel H and Fried Whitney
Bought by
Legacy Luxury Rentals Llc
Current Estimated Value
$751,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$100,244
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,916

Purchase Details

Listed on
Nov 6, 2015
Closed on
Feb 17, 2016
Sold by
Wohl Steven and Wohl Christi
Bought by
Fried Daniel H and Fried Whitney
Seller's Agent
Lori Ebeling
Coldwell Banker Realty
Buyer's Agent
Dan Fried
DHF Realty, Inc.
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Wohl Steve B and Wohl Christi
Bought by
Wohl Steven and Wohl Christi

Purchase Details

Closed on
Feb 12, 2010
Sold by
Wohl Steve and Wohl Christi
Bought by
Wohl Steve B and Wohl Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2009
Sold by
The Bank Of New York
Bought by
Wohl Steve and Wohl Christi

Purchase Details

Closed on
Jan 14, 2009
Sold by
Phelps Meagan N
Bought by
The Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Legacy Luxury Rentals Llc -- Chicago Title Company
Fried Daniel H $350,000 Equity Title Los Angeles
Wohl Steven -- None Available
Wohl Steve B -- First American Title Company
Wohl Steve $330,000 Landsafe Title
The Bank Of New York $301,941 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legacy Luxury Rentals Llc $210,000
Previous Owner Wohl Steve B $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2016 02/22/16 Sold $350,000 -5.1% $205 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
01/29/2016 01/29/16 Price Changed $369,000 -2.6% $216 / Sq Ft
01/15/2016 01/15/16 Price Changed $379,000 -1.6% $222 / Sq Ft
01/06/2016 01/06/16 Price Changed $385,000 -3.5% $226 / Sq Ft
12/18/2015 12/18/15 Price Changed $399,000 -6.1% $234 / Sq Ft
11/06/2015 11/06/15 For Sale $425,000 -- $249 / Sq Ft
Source: California Desert Association of REALTORS®

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 $5,404 $414,323 $103,579 $310,744
2023 $5,404 $398,236 $99,558 $298,678
2022 $5,155 $390,428 $97,606 $292,822
2021 $5,038 $382,774 $95,693 $287,081
2020 $4,948 $378,850 $94,712 $284,138
2019 $4,859 $371,422 $92,855 $278,567
2018 $4,771 $364,140 $91,035 $273,105
2017 $4,707 $357,000 $89,250 $267,750
2016 $4,735 $358,973 $125,639 $233,334
2015 $4,753 $353,582 $123,752 $229,830
2014 $4,679 $346,658 $121,329 $225,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215033394

California Desert Association of REALTORS®

APN: 658-422-019