NOT LISTED FOR SALE

51286 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $369,000 - $566,000

3 Beds
2 Baths
1,200 Sq Ft
$411/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $405,000 $338 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,080/month

52 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Double Door Entry
  • 10,019 Sq Ft lot
  • Granite Countertops
  • 4-minute walk to La Quinta Community Park

About This Home

As of March 2021

Mid Century Gem in La Quinta Cove, stunning and charming at the same time. This beautiful home is located in one of the best locations in the Cove you can go hiking the trails begins in less than a 1/4 of a mile from here, or you can walk to Old Town for dinner or a glass of wine. Home offers a double lot, replastered pool and spa. Back yard is very spacious, with a grill area and the owner built a pizza oven. Property has been remodeled, newer kitchen and updated bathrooms. This home could be an includible weekend gateway or an airbnb vacation home. Don't wait it!!! this lovely home will not last at this price!!!!

Last Agent to Sell the Property

Raquel Davalos

RE/MAX Desert Properties License #01213031 Listed on: 12/02/2020

Last Buyer's Agent

Justin Smith

Capitis Real Estate License #01934982

Capitis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • West Facing Home
  • Masonry wall
  • Wrought Iron Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Concrete Foundation
  • Combination Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • French Mullion Window
  • Double Door Entry
  • French Doors
  • Dining Area
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • 4 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Driveway

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool

Schools

  • La Quinta High School

Utilities

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

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 773091026

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,018

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • List Price per Sq Ft: 325.00
  • Lp Sp Ratio: 1.0400
  • View Type: Mountain(s)
  • Year Built: 1955
  • Listing I D: 219054076
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Office Address: 47170 Washington St., La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Water Line to Refrigerator, Refrigerator, Disposal
  • Range Hood: Yes
  • Flooring: Ceramic Tile, Laminate
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Island, Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1200.00
  • Windows Treatments: Double Pane Windows, French - Mullioned

Exterior Features

  • Construction: Stucco
  • Roofing: Shingle
  • Fencing: Masonry, Fenced, Wrought Iron
  • Foundation: Combination, Concrete Block
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: In Ground, 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

Garage/Parking

  • Parking: Covered, Driveway
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Connected on Bond
  • Water: In Street
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 773091026
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: 2 - 4 Lots
  • Lot Size: 10019.00

Rental Info

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

MLS Schools

  • High School: La Quinta
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 20, 2021
Sold by
Mottu Raul Gonzalez
Bought by
Fernandez Angelina C
Seller's Agent
Raquel Davalos
RE/MAX Desert Properties
Buyer's Agent
Justin Smith
Capitis Real Estate
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$492,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,606
Avg. Annual Appreciation
4.30%
Original Mortgage
$384,750
Outstanding Balance
$344,117
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,489

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 19, 2021
Sold by
Mottu Raul Gonzalez
Bought by
Fernandez Angelina C
Seller's Agent
Raquel Davalos
RE/MAX Desert Properties
Buyer's Agent
Justin Smith
Capitis Real Estate
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Outstanding Balance
$344,117
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,489

Purchase Details

Listed on
Dec 2, 2020
Closed on
Feb 8, 2021
Sold by
Fernandez Angelina C
Bought by
Campbell Josh
Seller's Agent
Raquel Davalos
RE/MAX Desert Properties
Buyer's Agent
Justin Smith
Capitis Real Estate
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Outstanding Balance
$344,117
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,489

Purchase Details

Closed on
Dec 7, 2020
Sold by
Fernandez Gregorio C and Fernandez Gregorio C
Bought by
Fernandez Angelina C

Purchase Details

Closed on
Jan 17, 2006
Sold by
Fernandez Angelina C
Bought by
Fernandez Angelina C and Fernandez Isabel Cristina

Purchase Details

Closed on
Jul 31, 2001
Sold by
Fernandez Froylan T
Bought by
Fernandez Angelina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Novak Karel
Bought by
Fernandez Angelina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Lesner Roy Lee and Lesner Rhonda Mae
Bought by
The Avenida Velasco Trust

Purchase Details

Closed on
Nov 26, 1997
Sold by
William Sutton Mark and Sutton Gail F
Bought by
Sutton Margaret W and Sutton Gail F

Purchase Details

Closed on
Sep 27, 1993
Sold by
Sutton Mark W
Bought by
Lesner Roy Lee and Lesner Rhonda Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,675
Interest Rate
6.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 1993
Sold by
Sutton Christopher M and Sutton Mark William
Bought by
Lesner Roy Lee and Lesner Rhonda Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,675
Interest Rate
6.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 20, 1993
Sold by
Sutton Gail F
Bought by
Sutton Mark William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,675
Interest Rate
6.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Fernandez Angelina C -- Chicago Title Company
Fernandez Angelina C -- Chicago Title
Campbell Josh $405,000 Orange Coast Title
Fernandez Angelina C -- Chicago Title
Fernandez Angelina C -- None Available
Fernandez Angelina C -- First American Title Co
Fernandez Angelina C $101,000 First American Title Co
The Avenida Velasco Trust $79,900 --
Sutton Margaret W -- --
Lesner Roy Lee $114,000 Commonwealth Land Title Co
Lesner Roy Lee -- Commonwealth Land Title Co
Sutton Mark William -- Commonwealth Land Title Co
Sutton Christopher M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Josh $384,750
Previous Owner Fernandez Angelina C $66,000
Previous Owner Lesner Roy Lee $106,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $405,000 +3.8% $338 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/18/2021 01/18/21 Price Changed $390,000 -6.0% $325 / Sq Ft
12/02/2020 12/02/20 For Sale $415,000 -- $346 / 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 $6,018 $438,382 $129,890 $308,492
2023 $6,018 $421,362 $124,848 $296,514
2022 $5,673 $413,100 $122,400 $290,700
2021 $2,298 $137,818 $34,106 $103,712
2020 $2,229 $136,406 $33,757 $102,649
2019 $2,184 $133,733 $33,096 $100,637
2018 $2,133 $131,112 $32,449 $98,663
2017 $2,113 $128,542 $31,813 $96,729
2016 $2,088 $126,023 $31,190 $94,833
2015 $2,333 $124,131 $30,722 $93,409
2014 $1,790 $103,000 $25,000 $78,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Raquel Davalos

    RE/MAX

  • J

    Buyer's Agent in 2021

    Justin Smith

    Capitis Real Estate

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219054076

California Desert Association of REALTORS®

APN: 773-091-026

California Riverside County La Quinta 92253 La Quinta Cove

51286 Avenida Velasco, 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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