NOT LISTED FOR SALE

50970 Nectareo La Quinta, CA 92253

Estimated Value: $1,844,000 - $2,223,013

4 Beds
4.5 Baths
4,835 Sq Ft
$420/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2021

Last sale price $1,550,000 $321 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,973 / mo

25 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gourmet Kitchen
  • Guest House
  • Pebble Pool Finish
  • Primary Bedroom Suite

About This Home

As of March 2021

The Best of the Best! This beautiful custom home is situated on an extra-large lot with stunning lake, golf course and mountain views. This home has it all: an upgraded gourmet kitchen, wet bar, great room - all with custom cabinetry, large open dining and living room for family gatherings and future memorable parties, 2 Interior Guest Suites, a detached Casita Suite, 4 remodeled bathrooms and a powder room, a private office as well as the Master Bedroom Suite with attached private gym! With its Eastern/Southern orientation you will have the best sun exposure to enjoy your time during the high season as well as the summer months. The gorgeous patio overlooks the 6th hole of The Citrus private golf course and features a pool/spa, outdoor fireplace, built-in BBQ, amazing putting green, and high grade misting system. AC's & water heater have been recently replaced. The outside of the home has been repainted 2 years ago. Look no further, you have found your paradise in this home!

Last Agent to Sell the Property

Anne Stark

Berkshire Hathaway HomeServices California Properties License #01973447 Listed on: 02/11/2021

Last Buyer's Agent

Diana Kaplan

RE/MAX Fine Homes License #01174972

RE/MAX Fine Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 14,375 Sq Ft Lot
  • Lake Front
  • Southeast Facing Home
  • Sprinkler System

HOA Fees

  • $386 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Interior Spaces

  • 4,835 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Door Entry
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Home Gym
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Outdoor Fireplace
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Cable TV Available

Additional Features

  • Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 776070006

Community Details

Overview

  • The Citrus Subdivision

Recreation

  • Golf Course Community
  • Putting Green

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0.33 Acres

HOA Fees

$386 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East, Leisure Faces South
  • Levels: Ground
  • Building Number Of Stories: 3
  • Casita Features Other: Ensuite bathroom
  • Included In Sale: Furnished per inventory
  • List Price per Sq Ft: 309.20
  • Lp Sp Ratio: 1.0400
  • View Type: Golf Course, Panoramic, Mountain(s), Lake
  • Year Built: 1994
  • Listing I D: 219057186
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 2801 E COAST HWY STE D, Corona Del Mar, CA 92625
  • Land Type: Fee
  • Subdivision: The Citrus
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Range, Water Softener, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room
  • Interior Amenities: Bar, Wet Bar
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Powder Room, Remodeled
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 4835.00

Exterior Features

  • Other Features: Putting Green
  • Other Structures: Guest House/Casita
  • Built-in BBQ: Gas
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Salt Water, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Fireplace(s), Forced Air
  • Security: 24 Hour Security, Security System Owned, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Management, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 386.00
  • Total Monthly Association Fees: 386.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 776070006
  • Irrigation: Sprinkler System
  • Lot Acres: 0.3300
  • Lot Size: 14375.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
John Frisco Christopher and Di Gianni
Bought by
Gianfisco Family Trust
Current Estimated Value
$2,031,753

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 4, 2021
Sold by
Palmer Robin G and Palmer Sharon P
Bought by
Frisco Christopher John and Diwang Gianni Di
Seller's Agent
Anne Stark
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Diana Kaplan
RE/MAX Fine Homes
List Price
$1,495,000
Sold Price
$1,550,000
Premium/Discount to List
$55,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Palmer Robin G and Palmer Sharon P
Bought by
Palmer Robin G and Palmer Sharon P

Purchase Details

Closed on
Mar 16, 2003
Sold by
Frame Robert C and Frame Joan C
Bought by
Palmer Robin G and Palmer Sharon P

Purchase Details

Closed on
May 18, 1994
Sold by
J M Peters Company Inc
Bought by
Frame Robert C and Frame Joan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
8.65%
Mortgage Type
Construction
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
Gianfisco Family Trust -- Frisco Christopher John
Frisco Christopher John $1,550,000 Orange Coast Title Company
Palmer Robin G -- None Available
Palmer Robin G $1,250,000 Orange Coast Title Co
Frame Robert C $210,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frame Robert C $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $1,550,000 +3.7% $321 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,495,000 -- $309 / 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 $20,896 $1,677,767 $106,077 $1,571,690
2023 $20,896 $1,612,619 $101,959 $1,510,660
2022 $19,974 $1,581,000 $99,960 $1,481,040
2021 $20,973 $1,672,534 $585,383 $1,087,151
2020 $20,575 $1,655,385 $579,381 $1,076,004
2019 $20,172 $1,622,927 $568,021 $1,054,906
2018 $19,772 $1,591,106 $556,884 $1,034,222
2017 $19,388 $1,559,909 $545,965 $1,013,944
2016 $18,932 $1,529,323 $535,260 $994,063
2015 $18,904 $1,498,000 $524,000 $974,000
2014 $16,789 $1,323,000 $463,000 $860,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219057186

California Desert Association of REALTORS®

APN: 776-070-006

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