NOT LISTED FOR SALE

48605 Classic Dr La Quinta, CA 92253

Estimated Value: $677,000 - $823,000

3 Beds
3 Baths
1,705 Sq Ft
$695/mo HOA Fee

Last Sold April 01, 2014

Last sale price $324,000 $190 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,966/month

353 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Unit is on the top floor
  • Panoramic View
  • Clubhouse

About This Home

As of April 2014

Premier location for this rare VILLA at the highly desirable Legacy Villas featuring spectacular mountain and pool views from both balconies! Unbelievable amenities including 11 pools/spas, club house, grill, state of the art fitness center, fountains, hammock gardens, outdoor fireplaces all within walking distance of first class restaurants, shopping and old town La Quinta.

Last Agent to Sell the Property

Michael Leon

Realty Executives Desert Lifestyles License #01411995 Listed on: 03/22/2013

Realty Executives Desert Lifestyles

Last Buyer's Agent

Dan Fried

DHF Realty, Inc. License #00946411

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 2,352

HOA Fees

  • $695 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Park or Greenbelt
  • Pool

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,705 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Shutters
  • Blinds
  • French Mullion Window
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Breakfast Bar
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Balcony
  • Sprinklers on Timer
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 658422025

Community Details

Overview

  • Association fees include trash
  • Legacy Villas Subdivision, Villa Floorplan
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Top
  • Builder Model Name: Villa
  • Builders Tract Code: Legacy Villas
  • Building Style: Spanish Colonial
  • Entry Location: Top Level
  • List Price per Sq Ft: 204.69
  • Lp Sp Ratio: 0.9284
  • View Type: Desert, Pool, Panoramic, Park/Green Belt, Mountain(s)
  • Year Built: 2007
  • Listing I D: 21472798
  • Listing Member Address: 78065 Main Ste #107, La Quinta, CA 92253
  • Listing Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-9190
  • Selling Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-9190
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Legacy Villas
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room, Primary Bedroom
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Island, Pantry
  • Estimated Sq Ft: 1705.00
  • Windows Treatments: French - Mullioned, Shutters, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Slab
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • 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: Assigned, Guest

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air, Fireplace(s)
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash
  • Association Amenities: Barbecue, Recreation Room, Maintenance Grounds, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 695.00
  • Total Monthly Association Fees: 695.00
  • Unit Location: Top Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 658422025
  • Irrigation: Sprinkler Timer
  • Lot Description: Level, Sidewalks

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Coachella Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2014
Sold by
Pekarovic Joseph and Pekarovic Wanda Acuna
Bought by
Legacy Luxury Rentals Llc
Current Estimated Value
$736,231

Purchase Details

Listed on
Mar 22, 2013
Closed on
Mar 11, 2014
Sold by
Davis Judith M
Bought by
Pekarovic Joseph and Pekarovic Wanda Acuna
Seller's Agent
Michael Leon
Realty Executives Desert Lifestyles
Buyer's Agent
Dan Fried
DHF Realty, Inc.
List Price
$389,000
Sold Price
$324,000
Premium/Discount to List
-$65,000
-16.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$206,375
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 19, 2012
Sold by
Mitchell David A and Mitchell Pamela G
Bought by
Davis Judith M

Purchase Details

Closed on
Feb 2, 2006
Sold by
Centex Homes
Bought by
Mitchell David A and Mitchell Pamela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,416
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Legacy Luxury Rentals Llc -- None Available
Pekarovic Joseph $317,500 Ticor Title Insurance
Davis Judith M -- None Available
Mitchell David A $785,000 Commerce Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pekarovic Joseph $206,375
Previous Owner Mitchell David A $784,416
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $324,000 -7.2% $190 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
02/24/2014 02/24/14 Price Changed $349,000 -2.8% $205 / Sq Ft
10/24/2013 10/24/13 Price Changed $359,000 -7.7% $211 / Sq Ft
07/09/2013 07/09/13 For Sale $389,000 0.0% $228 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $389,000 0.0% $228 / Sq Ft
06/12/2013 06/12/13 Price Changed $389,000 -2.5% $228 / Sq Ft
06/02/2013 06/02/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $399,000 0.0% $234 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $399,000 -- $234 / Sq Ft
Source: California Desert Association of REALTORS®

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 $5,102 $389,205 $97,297 $291,908
2023 $5,102 $374,094 $93,520 $280,574
2022 $4,865 $366,760 $91,687 $275,073
2021 $4,754 $359,570 $89,890 $269,680
2020 $4,669 $355,884 $88,969 $266,915
2019 $4,585 $348,907 $87,225 $261,682
2018 $4,503 $342,066 $85,515 $256,551
2017 $4,445 $335,360 $83,839 $251,521
2016 $4,370 $328,786 $82,196 $246,590
2015 $4,387 $323,849 $80,962 $242,887
2014 $3,800 $275,400 $91,800 $183,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21472798

California Desert Association of REALTORS®

APN: 658-422-025