NOT LISTED FOR SALE

51165 Eisenhower Dr La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $977,000 - $1,096,000

6 Beds
6 Baths
2,880 Sq Ft
$355/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2019

Last sale price $640,000 $222 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,178 / mo

224 Days on Market

Highlights

  • 9,583 Sq Ft lot
  • 1-Story Property
  • 3-minute walk to La Quinta Community Park
  • Mediterranean Architecture
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Three units in Old Town La Quinta. These three units are in a great location with close walking distance to Old town. Great for maximum rental or owner user property.Units are in excellent condition with washer dryer in units and small private yard with covered patios.All units are currently rented.

Last Agent to Sell the Property

William Taylor

Desert Elite Properties, Inc. License #00621745 Listed on: 07/01/2018

Last Buyer's Agent

Stephen Heri

S A Heri, Inc. License #01871726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1986

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 773065022

Community Details

Overview

  • 3 Units
  • La Quinta Cove Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • Gross Income $44,400
  • Net Operating Income $39,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1986

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 216633.00
  • Builders Tract Code: La Quinta Cove
  • Building Style: Mediterranean
  • List Price per Sq Ft: 225.66
  • Lp Sp Ratio: 0.9848
  • Year Built: 1986
  • Internal Listing I D: 20190608184813190597000000
  • Listing I D: 218019122
  • Listing Member Address: 75280 Highway 111, Ste. 99, Indian Wells, CA 92210
  • Listing Office Address: 75280 Highway 111, Ste. 99, Indian Wells, CA 92210
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 1920 Main Street, Suite 100, Irvine, CA 92614
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Unit Information Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Laundry Equipment: Own
  • Estimated Sq Ft: 2880.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Numberof Patios: 3

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 3
  • Number Water Meters: 3
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank
  • Number Gas Meter: 3
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 773065022
  • Lot Size: 9583.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Gas, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Annual Tax: 2800.00

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Refrigerators: 3
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2018
Closed on
Jan 14, 2019
Sold by
Pollock Alan R
Bought by
Sutton James M
Seller's Agent
William Taylor
Desert Elite Properties, Inc.
Buyer's Agent
Stephen Heri
S A Heri, Inc.
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Current Estimated Value
$1,021,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,227
Avg. Annual Appreciation
6.69%
Original Mortgage
$330,000
Outstanding Balance
$289,545
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$731,682

Purchase Details

Closed on
Nov 21, 1998
Sold by
Pollock Alan R
Bought by
Pollock Alan R

Purchase Details

Closed on
Sep 13, 1994
Sold by
Pollock Alan R
Bought by
Pollock Alan R

Purchase Details

Closed on
Jul 13, 1994
Sold by
Nerguizian Berj and Nerguizian Deanne
Bought by
Pollock Alan R
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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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
Sutton James M $640,000 Fidelity National Title Co
Pollock Alan R -- Orange Coast Title
Pollock Alan R -- --
Pollock Alan R $164,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton James M $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2019 02/11/19 Sold $640,000 -1.5% $222 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
07/01/2018 07/01/18 For Sale $649,900 -- $226 / 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 $9,611 $713,926 $167,325 $546,601
2023 $9,611 $686,206 $160,829 $525,377
2022 $9,025 $672,752 $157,676 $515,076
2021 $8,824 $659,562 $154,585 $504,977
2020 $8,655 $652,800 $153,000 $499,800
2019 $2,981 $188,189 $45,156 $143,033
2018 $2,881 $184,500 $44,271 $140,229
2017 $2,797 $180,883 $43,403 $137,480
2016 $2,705 $177,337 $42,552 $134,785
2015 $2,711 $174,675 $41,914 $132,761
2014 $2,665 $171,255 $41,094 $130,161
Source: Public Records

Agents Affiliated with this Home

  • William Taylor

    Seller's Agent in 2019

    William Taylor

    Desert Elite Properties, Inc.

    (760) 774-0444

    52 Total Sales

    William Taylor
    Section Image

  • S

    Buyer's Agent in 2019

    Stephen Heri

    S A Heri, Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218019122

California Desert Association of REALTORS®

APN: 773-065-022

California Riverside County La Quinta 92253 La Quinta Cove

51165 Eisenhower Dr, La Quinta, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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