NOT LISTED FOR SALE

51240 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $508,000 - $732,000

4 Beds
2 Baths
1,627 Sq Ft
$365/Sq Ft Est. Value

About This Home

This home is located at 51240 Avenida Velasco, La Quinta, CA 92253 and is currently estimated at $593,925, approximately $365 per square foot. 51240 Avenida Velasco is a home located in Riverside County with nearby schools including Benjamin Franklin Elementary School, La Quinta Middle School, and La Quinta High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2004
Sold by
Oliveira Connie
Bought by
Mcnaughtan Charles F and Rubenstein Jenel C
Current Estimated Value
$593,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$107,310
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$486,615

Purchase Details

Closed on
Jul 29, 2003
Sold by
Balliet Ruth
Bought by
Oliveira Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Hud
Bought by
Balliet Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Nov 29, 2001
Sold by
Hoppe Dennis W and Hoppe Sunnie S
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 26, 1998
Sold by
Miller David Ross
Bought by
Hoppe Dennis W and Hoppe Sunnie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,608
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 1998
Sold by
Miller Jeannine Ann
Bought by
Miller David Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,608
Interest Rate
6.54%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Mcnaughtan Charles F $340,000 First American Title Co
Oliveira Connie $240,000 First American Title Co
Balliet Ruth $172,000 First American Title Co
Hud -- Fidelity Title
Citimortgage Inc $172,829 Fidelity Title
Citimortgage Inc $172,829 Fidelity National Title
Hoppe Dennis W $156,000 Chicago Title Co
Miller David Ross -- --
Miller David Ross $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnaughtan Charles F $238,000
Previous Owner Oliveira Connie $192,000
Previous Owner Balliet Ruth $137,600
Previous Owner Hoppe Dennis W $152,608
Previous Owner Miller David Ross $112,500
Source: Public Records

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 $6,444 $473,905 $118,466 $355,439
2023 $6,444 $455,505 $113,867 $341,638
2022 $6,083 $446,575 $111,635 $334,940
2021 $5,118 $370,721 $92,380 $278,341
2020 $4,750 $331,000 $82,482 $248,518
2019 $4,461 $321,360 $80,080 $241,280
2018 $4,293 $309,000 $77,000 $232,000
2017 $4,132 $295,000 $74,000 $221,000
2016 $4,030 $287,000 $72,000 $215,000
2015 $3,602 $247,000 $62,000 $185,000
2014 $3,385 $229,000 $57,000 $172,000
Source: Public Records

Map

California Riverside County La Quinta 92253 La Quinta Cove

51240 Avenida Velasco, La Quinta, CA

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