NOT LISTED FOR SALE

52469 Meriwether Way La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $5,256,000 - $10,236,611

6 Beds
6.5 Baths
7,598 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $5,700,000 $750 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $55,036/month

44 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • Gourmet Kitchen
  • Attached Guest House
  • In Ground Pool
  • Panoramic View

About This Home

As of January 2019

This custom home is located at The Madison Club with design that springs from traditional Spanish architecture yet retains comfort and transitional style. The grand interior courtyard with colossal sliding doors connect to a great room, kitchen, dining room and bar perfect for both indoor and outdoor living. The gourmet kitchen is the center of the residence with state of the art appliances, custom handmade cabinets, natural white quartz waterfall countertops and a full second kitchen. Dual master suites include grand fireplaces, spa inspired appointments, extra large walk-in closets and private patios. An inviting terrace overlooks the massive infinity pool, golf course, South and Western views of the entire Santa Rosa and San Bernardino Mountains. Offered furnished as per inventory.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/23/2018

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/23/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156,602

Year Built

  • Built in 2015

Lot Details

  • 1.05 Acre Lot
  • On Golf Course
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

  • $1,240 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Traditional Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 7,598 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Dining Room
  • Home Theater
  • Stone Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • 4 Car Direct Access Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace

Additional Homes

  • Attached Guest House

Utilities

  • Central Air
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 767690023

Community Details

Overview

  • The Madison Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$156,602

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 4
  • Building Style: Spanish, Traditional
  • Included In Sale: Furnished as per inventory.
  • List Price per Sq Ft: 854.83
  • Lp Sp Ratio: 0.8776
  • View Type: Golf Course, Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 2015
  • Listing I D: 218029694
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room, Master Bedroom
  • Interior Amenities: Bar, Built-In Features, Cathedral Ceiling(s), Open Floorplan, Recessed Lighting
  • Flooring: Stone Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 6
  • Bathroom Features: Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Full Bathrooms: 6
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Stone Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 7598.00

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Features: Custom Built
  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Security: Fire Alarm
  • Sewer: Unknown
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 2: 1240.00
  • Total Monthly Association Fees: 1240.00

Lot Info

  • Assessor Parcel Number: 767690023
  • Lot Acres: 1.0500
  • Lot Description: Landscaped, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 45738.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Alexander Davis Investments Llc
Bought by
Desert Meriwether Llc
Current Estimated Value
$7,746,306

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 6, 2018
Sold by
Leza Investment Properties Llc
Bought by
The Alexander Davis Investments Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$6,495,000
Sold Price
$5,700,000
Premium/Discount to List
-$795,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$3,705,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 10, 2015
Sold by
East Of Madison Llc
Bought by
Leza Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Desert Meriwether Llc $12,000,000 Equity Title
The Alexander Davis Investments Llc $5,700,000 Fidelity National Title Insu
Leza Investments Properties Llc $1,400,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Alexander Davis Investments Llc $3,705,000
Previous Owner Leza Investments Properties Llc $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $5,700,000 -12.2% $750 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $6,495,000 -- $855 / 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 $156,602 $12,484,798 $4,369,681 $8,115,117
2023 $156,602 $6,111,548 $1,501,081 $4,610,467
2022 $78,288 $5,991,715 $1,471,649 $4,520,066
2021 $76,644 $5,874,232 $1,442,794 $4,431,438
2020 $75,598 $5,814,000 $1,428,000 $4,386,000
2019 $77,252 $5,947,750 $1,515,404 $4,432,346
2018 $75,770 $5,831,129 $1,485,691 $4,345,438
2017 $75,826 $5,716,794 $1,456,560 $4,260,234
2016 $33,899 $2,593,000 $1,428,000 $1,165,000
2015 $3,172 $253,075 $253,075 $0
2014 $3,158 $248,118 $248,118 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    41 in this area

    42 Total Sales

    Glenn Cassell
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218029694

California Desert Association of REALTORS®

APN: 779-410-021

California Riverside County La Quinta 92253 PGA West

52469 Meriwether Way, 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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