NOT LISTED FOR SALE

48773 Classic Dr La Quinta, CA 92253

Estimated Value: $666,000 - $744,000

3 Beds
3 Baths
1,706 Sq Ft
2,387 Sq Ft Lot Lot

Sale Details

Date Sold: September 1, 2020

Last sale price $405,000 $237 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,907 / mo

172 Days on Market

Highlights

  • Fitness Center
  • Two Primary Bedrooms
  • Mountain View
  • Cabana
  • Gated Community
  • Clubhouse

About This Home

As of September 2020

Location, Location, Location ! Unique opportunity to purchase a 3BR/3Bath Villa Front and Center to the Main Pool & Cabanas. This Lower Level Single Story Villa has a the ability to function as a 3BR Condo or locked off as 3 separate rental units.

Last Agent to Sell the Property

Geri Dardi

Desert Sotheby's International Realty License #01907921 Listed on: 03/07/2020

Last Buyer's Agent

Lynne Mangan

California Lifestyle Realty License #01709561

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Sprinkler System

HOA Fees

  • $741 Monthly HOA Fees

Property Views

  • Mountain
  • Desert
  • Pool

Interior Spaces

  • 1,706 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Gas Log Fireplace
  • Shutters
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Laundry closet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Double Master Bedroom
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 658421038

Community Details

Overview

  • Association fees include clubhouse, security, trash
  • Legacy Villas Subdivision
  • Planned Unit Development

Amenities

  • Clubhouse
  • Meeting Room
  • Recreation Room

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 2005

Lot Details

2,387 Sq Ft Lot

HOA Fees

$741 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground, One
  • Building Number Of Stories: 3
  • List Price per Sq Ft: 249.12
  • Lp Sp Ratio: 0.9500
  • View Type: Desert, Mountain(s), Pool
  • Water District Name: CVWD
  • Year Built: 2005
  • Listing I D: 219040358
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Selling Member Fax: (760) 771-5977
  • 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: Living Room, Master Bedroom, Master Retreat
  • Interior Amenities: Beamed Ceilings
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Laundry: In Closet
  • Estimated Sq Ft: 1706.00
  • Windows Treatments: Shutters

Exterior Features

  • Other Structures: Cabana
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Fenced, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Security, Trash
  • Association Amenities: Clubhouse, Fitness Center, Meeting Room, Recreation Room
  • HOA Information: Yes
  • HOA Fee 1: 741.00
  • Total Monthly Association Fees: 741.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 658421038
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0548
  • Lot Size: 2390.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Aug 7, 2020
Sold by
Komet Gavriella
Bought by
Shirreffs William and Shirreffs Carolyn
Seller's Agent
Geri Dardi
Desert Sotheby's International Realty
Buyer's Agent
Lynne Mangan
California Lifestyle Realty
List Price
$499,000
Sold Price
$405,000
Premium/Discount to List
-$94,000
-18.84%
Current Estimated Value
$701,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,212
Avg. Annual Appreciation
10.18%
Original Mortgage
$200,000
Outstanding Balance
$141,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$559,516

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jun 6, 2014
Sold by
Gervals Greg and Gervals Terri
Bought by
Komet Gavriella
Seller's Agent
Brenda McKenney
California Lifestyle Realty
Buyer's Agent
Geri Dardi
California Lifestyle Realty
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%

Purchase Details

Listed on
Sep 1, 2012
Closed on
Oct 5, 2012
Sold by
Gatti Daniel Jon and Gatti Kathleen Mary
Bought by
Gervais Greg and Gervais Terri
Seller's Agent
John Richard Reynen
Desert Homes of California
Buyer's Agent
Brenda McKenney
California Lifestyle Realty
List Price
$339,000
Sold Price
$295,000
Premium/Discount to List
-$44,000
-12.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
Dec 13, 2010
Sold by
Kathleen Mary Gatti Defined Benefit Plan
Bought by
Gatti Daniel Jon and Gatti Kathleen Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Gatti Daniel Jon and Gatti Kathleen Mary
Bought by
Kathleen Mary Gatti Defined Benefit Plan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 24, 2006
Sold by
Centex Homes
Bought by
Gatti Daniel Jon and Gatti Kathleen Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shirreffs William $405,000 Lawyers Title Ie
Komet Gavriella $370,000 Lawyers Title
Gervais Greg $295,000 Equity Title Co
Gatti Daniel Jon -- First American Title Company
Kathleen Mary Gatti Defined Benefit Plan -- None Available
Gatti Daniel Jon $785,000 Commerce Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirreffs William $200,000
Previous Owner Gatti Daniel Jon $198,750
Previous Owner Gatti Daniel Jon $628,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2020 09/01/20 Sold $405,000 -4.7% $237 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $425,000 -5.6% $249 / Sq Ft
04/16/2020 04/16/20 Price Changed $450,000 -9.8% $264 / Sq Ft
03/07/2020 03/07/20 For Sale $499,000 +34.9% $292 / Sq Ft
06/21/2014 06/21/14 Sold $370,000 -2.4% $217 / Sq Ft View Prior Sale
06/03/2014 06/03/14 For Sale $379,000 +28.5% $222 / Sq Ft
11/10/2012 11/10/12 Pending -- -- --
10/25/2012 10/25/12 Sold $295,000 -13.0% $173 / Sq Ft View Prior Sale
09/01/2012 09/01/12 For Sale $339,000 -- $199 / 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 $5,693 $438,383 $108,242 $330,141
2023 $5,693 $421,362 $104,040 $317,322
2022 $5,432 $413,100 $102,000 $311,100
2021 $5,310 $405,000 $100,000 $305,000
2020 $5,383 $414,724 $103,679 $311,045
2019 $5,286 $406,594 $101,647 $304,947
2018 $5,190 $398,622 $99,654 $298,968
2017 $5,117 $390,806 $97,700 $293,106
2016 $5,026 $383,144 $95,785 $287,359
2015 $5,046 $377,392 $94,348 $283,044
2014 $4,058 $296,338 $74,084 $222,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219040358

California Desert Association of REALTORS®

APN: 658-421-038

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