NOT LISTED FOR SALE

50045 Mountain Shadows Rd La Quinta, CA 92253

Estimated Value: $942,000 - $1,263,681

3 Beds
3 Baths
3,105 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $550,000 $177 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,009/month

29 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Open Floorplan
  • Primary Bedroom Suite
  • Gated Community
  • Contemporary Architecture

About This Home

As of April 2015

Ministrelli custom home in upscale Painted Cove offered furnished. This 3 bedroom 3 bathroom home, plus office, with an open floor plan is perfect for indoor and outdoor entertaining. The large kitchen area, with granite counter tops, maple cabinets and center island, has amazing mountain views. Other features include marble tiles, custom window coverings, a speaker system with surround sound 3 car garage, large enough for a full size truck, plus a separate RV garage that is 40 foot long, part of which is used as an office. Enjoy outdoor living in the private backyard featuring retractable awnings, pool, spa and a built in barbecue. South west views of the Santa Rosa Mountains. The Low HOA fees include a large dog park. Painted Cove is close to incredible hiking and biking trails plus all of the shopping and dining in charming Old Town La Quinta. Painted Cove also has golf cart access to The Citrus C.C. and memberships are available. This home has been priced to sell.

Last Agent to Sell the Property

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 03/11/2015

Coldwell Banker Realty

Co-Listed By

Stacy Yeoman

Coldwell Banker Residential Brokerage

Last Buyer's Agent

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 03/11/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,380

Year Built

  • Built in 1998

Lot Details

  • 0.31 Acre Lot
  • Home has sun exposure from multiple directions
  • Block Wall Fence
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 3,105 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 776011001

Community Details

Overview

  • Built by Ministrelli
  • Painted Cove Subdivision, Palo Verde Floorplan
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,380

Year Built

Built in 1998

Lot Details

0

HOA Fees

$221 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South, Leisure Faces West
  • Builder Model Name: Palo Verde
  • Builder Name: Ministrelli
  • Builders Tract Code: Painted Cove
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Included In Sale: Furnished per Inventory List
  • List Price per Sq Ft: 192.91
  • Lp Sp Ratio: 0.9182
  • View Type: Mountain(s), Pool, Panoramic
  • Water District Name: CVWD
  • Year Built: 1998
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Member Fax: (760) 777-1585
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Co Selling Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Selling Member Fax: (888) 511-8121
  • Co Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Selling Office Fax: (760) 360-1342
  • Listing I D: 215008286
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Land Type: Fee
  • Subdivision: Painted Cove
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Range, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Bar, Open Floorplan, High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Marble
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Formal Dining Room
  • Kitchen Features: Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 3105.00

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Roofing: Flat, Tar/Gravel
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Greenbelt/Park, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 221.00
  • Total Monthly Association Fees: 221.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 776011001
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3100
  • Lot Description: Curbs, Utilities Underground, Level
  • Lot Size: 13504.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2019
Sold by
Melo Marcial A and Melo Marcial Alberto
Bought by
Melo Marcial Alberto and Melo Gina V
Current Estimated Value
$1,112,420

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 3, 2015
Sold by
Slegg Ronald A and Slegg Patti M
Bought by
Melo Marcial A and Melo Gina
Seller's Agent
Steve Yeoman
Coldwell Banker Realty
Buyer's Agent
Steve Yeoman
Coldwell Banker Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$350,000
Interest Rate
3.76%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 2008
Sold by
Dakin Robert E
Bought by
Slegg Ronald A and Slegg Patti M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,200
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2002
Sold by
Dakin Robert E and Dakin Irene
Bought by
Dakin Robert E

Purchase Details

Closed on
Mar 19, 2002
Sold by
Talamo Victoria M
Bought by
Dakin Robert E and Dakin Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1997
Sold by
Ministrelli Construction
Bought by
Talamo Victoria M
Source: Public Records

Range of Values:

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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
Melo Marcial Alberto -- None Available
Melo Marcial A $515,000 Equity Title
Slegg Ronald A $799,500 Orange Coast Title Co
Dakin Robert E -- --
Dakin Robert E $525,000 Stewart Title
Talamo Victoria M $95,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melo Marcial A $290,000
Closed Melo Marcial A $350,000
Previous Owner Slegg Ronald A $299,200
Previous Owner Dakin Robert E $420,000
Previous Owner Dakin Robert E $420,000
Previous Owner Talamo Victoria M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Off Market $550,000 -- --
04/10/2015 04/10/15 Sold $550,000 -8.2% $177 / Sq Ft
03/11/2015 03/11/15 For Sale $599,000 -- $193 / 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 $8,380 $618,867 $154,712 $464,155
2023 $8,380 $594,837 $148,705 $446,132
2022 $7,935 $583,175 $145,790 $437,385
2021 $7,669 $571,741 $142,932 $428,809
2020 $7,527 $565,880 $141,467 $424,413
2019 $7,379 $554,786 $138,694 $416,092
2018 $7,227 $543,909 $135,976 $407,933
2017 $7,101 $533,245 $133,310 $399,935
2016 $6,950 $522,791 $130,697 $392,094
2015 $8,894 $671,000 $181,000 $490,000
2014 $8,455 $634,000 $171,000 $463,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215008286

California Desert Association of REALTORS®

APN: 776-011-001