NOT LISTED FOR SALE

51385 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $370,000 - $446,000

4 Beds
2 Baths
1,303 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $210,000 $161 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,583/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Ceramic Tile Flooring
  • Private Yard
  • 2 Car Attached Garage
  • 4-minute walk to La Quinta Community Park

About This Home

As of June 2016

La Quinta cove lovely newer home 4 bedrooms 2 baths covered patio double garage close to old town. Seller reduced price by $22,000! Call to see this home today!!! New Paint new carpet. Amazing buy, great 1st time buyer vacation home or income property.

Last Agent to Sell the Property

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 05/14/2016

Last Buyer's Agent

Pamela Wasserman

eXp Realty of California, Inc. License #01869955

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 1998

Lot Details

  • 4,792 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Sprinkler System
  • Private Yard
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,303 Sq Ft Home
  • Vertical Blinds
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • 220 Volts in Garage
  • Property is located within a water district
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 773085019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,959

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground
  • Builders Tract Code: La Quinta Cove
  • Building Style: Contemporary
  • List Price per Sq Ft: 168.84
  • Lp Sp Ratio: 0.9545
  • Water District Name: CVWD
  • Year Built: 1998
  • Listing I D: 216015538
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Gas Oven, Gas Range
  • Range Hood: Yes
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: In Garage
  • Estimated Sq Ft: 1303.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Roofing: Tile
  • Fencing: Wood
  • Foundation: Slab
  • Patio: Covered

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Volt 220: In Garage
  • Cooling Type: Air Conditioning
  • Sewer: Septic Tank, Unknown
  • Water: Water District
  • Water Heater Feature: Gas

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 773085019
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1100
  • Lot Description: Back Yard, Yard, Landscaped, Fenced, Corners Marked
  • Lot Size: 4792.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Dhando Residential Rental Fund Lp
Bought by
Dhando Residential Rental Fund Lp
Current Estimated Value
$414,698

Purchase Details

Closed on
Aug 29, 2019
Sold by
Dhandho Residential Rental Fund Lp
Bought by
Dhandho Residential Rental Fund Lp

Purchase Details

Listed on
May 14, 2016
Closed on
Jun 2, 2016
Sold by
Lau Stanley
Bought by
Dhandho Residential Rental Fund Lp
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Pamela Wasserman
eXp Realty of California, Inc.
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Dec 27, 2010
Sold by
Lau Belinda Tam
Bought by
Lau Stanley

Purchase Details

Closed on
Aug 18, 2010
Sold by
Vanduong Saec and Lau Helen Yuk Lan
Bought by
Lau Stanley

Purchase Details

Closed on
Jul 20, 2004
Sold by
Lau Stanley
Bought by
Lau Stanley and Van Duong Saec

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Ouillette Darrin and Ouillette Shelle
Bought by
Lau Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2003
Sold by
Ramos Miguel Angel and Ramas Julissa
Bought by
Ouillette Darrin and Ouillette Shellee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
The Coachella Valley Housing Coalition
Bought by
Ramos Miguel Angel and Ramos Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
6.92%
Mortgage Type
Construction
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
Dhando Residential Rental Fund Lp -- Chicago Title Company
Dhandho Residential Rental Fund Lp -- Accommodation
Dhandho Residential Rental Fund Lp $210,000 None Available
Lau Stanley -- None Available
Lau Stanley -- None Available
Lau Stanley -- Security Union Title
Lau Stanley -- Chicago Title Co
Lau Stanley $274,500 Chicago Title Co
Ouillette Darrin $153,500 Equity Title Company
Ramos Miguel Angel $22,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Stanley $219,600
Previous Owner Ouillette Darrin $138,000
Previous Owner Ramos Miguel Angel $85,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $210,000 -4.5% $161 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/20/2016 05/20/16 Price Changed $220,000 -4.3% $169 / Sq Ft
05/18/2016 05/18/16 Price Changed $230,000 +4.5% $177 / Sq Ft
05/14/2016 05/14/16 For Sale $220,000 -- $169 / 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 $4,959 $350,198 $79,590 $270,608
2023 $4,959 $336,600 $76,500 $260,100
2022 $4,655 $330,000 $75,000 $255,000
2021 $3,877 $269,413 $60,852 $208,561
2020 $3,809 $266,652 $60,229 $206,423
2019 $3,265 $222,851 $44,568 $178,283
2018 $3,194 $218,483 $43,696 $174,787
2017 $3,152 $214,200 $42,840 $171,360
2016 $3,258 $223,000 $60,000 $163,000
2015 $2,901 $190,000 $51,000 $139,000
2014 $2,830 $184,000 $49,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Angela Maciel-Gibbons

    Seller's Agent in 2016

    Angela Maciel-Gibbons

    BPO Homes

    (760) 880-8568

    2 in this area

    135 Total Sales

    Angela Maciel-Gibbons
    Section Image

  • P

    Buyer's Agent in 2016

    Pamela Wasserman

    eXp Realty of California, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216015538

California Desert Association of REALTORS®

APN: 773-085-019

California Riverside County La Quinta 92253 La Quinta Cove

51385 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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