NOT LISTED FOR SALE

48644 Classic Dr La Quinta, CA 92253

Estimated Value: $652,000 - $751,000

3 Beds
3 Baths
1,706 Sq Ft
$700/ mo HOA Fee

Last Sold October 31, 2013

Last sale price $312,200 $183 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,791/month

43 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Spa
  • Mountain View
  • Cathedral Ceiling

About This Home

As of October 2013

Desert Living At Its BEST! Location Location Location! Fabulous Spanish Architectural Design, Legacy Villas! Amazing lock off unit, offers 3 bedrooms and 3 full baths. Each bedroom has a separate entry and can be 'locked-off' to create 3 separate rental units. Each master suite boast its own fireplace and french doors leading to relaxing patios. Kitchen offers granite counters and upgraded cabinetry and tile. Spacious living room offers fire place, wood beam ceilings and french doors. This luxurious condo has high rental potential. Legacy Villas is adjacent to the Waldorf-Astoria La Quinta Resort and Club. Located within walking distance to Old Town La Quinta with shopping, restaurants and entertainment. Minutes to amazing golf, hiking trails and polo grounds. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Finance and HomePath Renovation Mortgage Financing. Call today to schedule viewing!

Last Agent to Sell the Property

Denise Francis

Coldwell Banker Realty License #01310492 Listed on: 09/17/2013

Coldwell Banker Realty

Last Buyer's Agent

Dan Fried

DHF Realty, Inc. License #00946411

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • Sprinklers on Timer

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sunken Shower or Bathtub
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 658425001

Community Details

Overview

  • Association fees include clubhouse, trash
  • Legacy Villas Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

2,614 Sq Ft Lot

HOA Fees

$700 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Legacy Villas
  • List Price per Sq Ft: 190.50
  • Lp Sp Ratio: 0.9606
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2007
  • Listing I D: 21481580
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 459-1023
  • 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

  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Retreat, Primary Bedroom
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Primary Suite
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Sunken Tub, Shower Over Tub, Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Estimated Sq Ft: 1706.00

Exterior Features

  • Other Features: End Unit
  • Roofing: Tile
  • Patio: Enclosed
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Trash
  • Association Amenities: Barbecue, Recreation Room, Guest Parking, Fitness Center, Clubhouse, Banquet Facilities
  • HOA Information: Yes
  • HOA Fee 1: 700.00
  • Total Monthly Association Fees: 700.00
  • Unit Location: End Unit

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 658425001
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.0600
  • Lot Size: 2402.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands 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
$715,145

Purchase Details

Listed on
Sep 17, 2013
Closed on
Oct 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Pekarovic Joseph and Pekarovic Wanda Acuna
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Dan Fried
DHF Realty, Inc.
List Price
$325,000
Sold Price
$312,200
Premium/Discount to List
-$12,800
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Kover Inessa A and Trinkkeller Robert
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 20, 2007
Sold by
Trinkkeller Robert
Bought by
Kover Inessa A

Purchase Details

Closed on
Sep 26, 2006
Sold by
Centex Homes
Bought by
Kover Inessa A and Trinkkeller Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.37%
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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Purchase History

Date Buyer Sale Price Title Company
Legacy Luxury Rentals Llc -- None Available
Pekarovic Joseph $312,500 Lsi Title Company Inc
Federal National Mortgage Association $466,067 First American Title Insuran
Kover Inessa A -- Fidelity National Title
Kover Inessa A $555,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pekarovic Joseph $234,000
Previous Owner Kover Inessa A $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $312,200 -3.9% $183 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $325,000 -- $191 / 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 $5,021 $382,465 $110,325 $272,140
2023 $5,021 $367,615 $106,042 $261,573
2022 $4,787 $360,408 $103,963 $256,445
2021 $4,678 $353,342 $101,925 $251,417
2020 $4,594 $349,720 $100,880 $248,840
2019 $4,512 $342,863 $98,902 $243,961
2018 $4,432 $336,141 $96,963 $239,178
2017 $4,374 $329,551 $95,062 $234,489
2016 $4,302 $323,091 $93,199 $229,892
2015 $4,318 $318,240 $91,800 $226,440
2014 $4,251 $312,000 $90,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21481580

California Desert Association of REALTORS®

APN: 658-425-001

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