NOT LISTED FOR SALE

48720 Legacy Dr La Quinta, CA 92253

Estimated Value: $647,000 - $826,000

3 Beds
3 Baths
1,706 Sq Ft
$725/mo HOA Fee

Last Sold February 12, 2013

Last sale price $295,500 $173 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,827/month

79 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • Outdoor Pool
  • Gated Community
  • Fireplace in Primary Bedroom

About This Home

As of February 2013

Fabulous location on the promanade 3 bdrm, 3 bath, can be 'locked-off' to create 3 separate entry rental units. Adjacent to the Waldorf-Astoria La Quinta Resort and Club. Turnkey furnished Granite counters throughout, window shutters, 3 fireplaces, top of the line appliances including washer/dryer. Clubhouse with fitness center, restaurant & bar. Located in the heart of the 'Action'. Walking distance to Old Town La Quinta with shopping, restaurants and entertainment. Minutes to great golf, hiking trails and polo grounds. The best the Desert has to offer in full time, seasonal or vacation living. --------------------------------------------------------------------------------

Last Agent to Sell the Property

Anita McGregor

Realty Executives Desert Lifestyles License #00672270 Listed on: 11/21/2012

Last Buyer's Agent

Brenda McKenney

California Lifestyle Realty License #00911159

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 2,178

HOA Fees

  • $725 Monthly HOA Fees

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • Outdoor Pool
  • Spa

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 658421014

Community Details

Overview

  • Association fees include cable TV, clubhouse
  • Legacy Villas Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Banquet Facilities
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Legacy Villas
  • List Price per Sq Ft: 184.64
  • Lp Sp Ratio: 0.9381
  • Year Built: 2005
  • Listing I D: 21466004
  • Listing Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-9190
  • Selling Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-0200
  • Land Type: Fee
  • Subdivision: Legacy Villas
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Great Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1706.00

Exterior Features

  • Roofing: Tile
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Clubhouse
  • Association Amenities: Banquet Facilities, Clubhouse, Fitness Center, Maintenance Grounds, Meeting Room
  • HOA Information: Yes
  • HOA Fee 1: 725.00
  • Total Monthly Association Fees: 725.00
  • Unit Location: Ground Floor

Association/Amenities

  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 658421014
  • Lot Acres: 0.0500
  • Lot Size: 2368.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Jan 25, 2013
Sold by
Gw Health Inc
Bought by
Smith Peter H and Smith Annette L
Seller's Agent
Anita McGregor
Realty Executives Desert Lifestyles
Buyer's Agent
Brenda McKenney
California Lifestyle Realty
List Price
$315,000
Sold Price
$295,500
Premium/Discount to List
-$19,500
-6.19%
Current Estimated Value
$721,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,792
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Bank Of America National Association
Bought by
Gw Health Inc

Purchase Details

Closed on
Feb 2, 2010
Sold by
Bilotti Alfred Jospeh and Bilotti Patricia Lou
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 17, 2007
Sold by
Jones Sam
Bought by
Jones Carrie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Gonzales Jodi
Bought by
Gonzales Fernando B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Centex Homes
Bought by
Jones Carrie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Ross Rebecca
Bought by
Ross Rebecca and Ross Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Slezak Rex E and Slezak Jackline M
Bought by
The Slezak Tradition Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2007
Sold by
Schiff Thomas R
Bought by
Schiff Thomas R and Schiff Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2006
Sold by
Centex Homes
Bought by
Saenz Frank and Saenz Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2006
Sold by
Centex Homes
Bought by
Rosenberger Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2005
Sold by
Centex Homes
Bought by
Bilotti Alfred Joseph and Bilotti Patricia Lou
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Smith Peter H $295,500 Fidelity National Title Co
Gw Health Inc $223,000 Orange Coast Title
Bank Of America National Association $265,000 Accommodation
Jones Carrie M -- Commerce Title
Gonzales Fernando B -- Commerce Title
Jones Carrie M $475,000 Commerce Title
Ross Rebecca -- Accommodation
The Slezak Tradition Trust -- None Available
Schiff Thomas R -- None Available
Schiff Thomas R -- Commerce Title Company
Saenz Frank $530,000 Chicago Title Co
Ross Rebecca $580,000 Commerce Title
Zavodnik Robert L $555,000 Commerce Title
Rosenberger Alexander $650,000 Commerce Title
Harding Richard H $786,000 None Available
Bilotti Alfred Joseph $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzales Fernando B $460,000
Previous Owner Jones Carrie M $380,000
Previous Owner Schiff Thomas R $556,000
Previous Owner Zavodnik Robert L $444,000
Previous Owner Ross Rebecca $464,000
Previous Owner Saenz Frank $424,000
Previous Owner Rosenberger Alexander $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2013 02/12/13 Sold $295,500 -6.2% $173 / Sq Ft
11/21/2012 11/21/12 For Sale $315,000 -- $185 / 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 $4,415 $331,963 $92,363 $239,600
2023 $4,415 $319,074 $88,777 $230,297
2022 $4,204 $312,819 $87,037 $225,782
2021 $4,106 $306,686 $85,331 $221,355
2020 $4,034 $303,543 $84,457 $219,086
2019 $3,963 $297,592 $82,801 $214,791
2018 $3,893 $291,758 $81,179 $210,579
2017 $3,847 $286,038 $79,588 $206,450
2016 $3,787 $280,430 $78,028 $202,402
2015 $3,802 $276,219 $76,857 $199,362
2014 $3,743 $270,809 $75,352 $195,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21466004

California Desert Association of REALTORS®

APN: 658-421-014