NOT LISTED FOR SALE

Estimated Value: $5,360,000 - $15,814,958

0.88 Acre
$11,410,969 Price per Acre
38,333 Sq Ft Lot

Last Sold March 16, 2016

Last sale price $1,300,000

Est. 566% increase in value since last sale

Current estimated payment $51,755/month

804 Days on Market

Highlights

  • On Golf Course
  • 0.88 Acre Lot
  • Level Lot
  • Panoramic View

About This Lot

As of March 2016

Extraordinary Lot just reduced...THE MADISON CLUB! 500 beautifully landscaped acres reflect The Madison Club's parkland setting, offering stunning views of the desert mountains and premier Fazio golf course. Please see Virtual media tour of development and awesome lot location and setting !!!

Last Agent to Sell the Property

Kay Bastasini

Desert Vintage Realty License #00970604 Listed on: 10/22/2013

Last Buyer's Agent

Nick Blodgett

Dibble Real Estate License #01375692

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $74,649

Lot Details

  • 0.88 Acre Lot
  • On Golf Course
  • Level Lot

Property Views

  • Panoramic
  • Mountain

Utilities

  • Property is located within a water district
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • The Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 767670012

Property Details

Property Type

Land

Est. Annual Taxes

$74,649

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Lp Sp Ratio: 0.9286
  • View Type: Mountain(s), Panoramic
  • Water District Name: CVWD
  • Internal Listing I D: 20190608110601055778000000
  • Listing I D: 213001246
  • Listing Member Address: 40235 Portola #268, Palm Desert, CA 92260
  • Listing Member Fax: (760) 564-4490
  • Listing Office Address: P.O. Box 1394, La Quinta, CA 92247
  • Listing Office Fax: (760) 564-2361
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1211.00

Lot Info

  • Assessor Parcel Number: 767670012
  • Lot Acres: 0.8800
  • Lot Location: On Golf Course
  • Lot Size: 38333.00
  • Land Info Topography: Flat
  • List Price per Acre: 1590909.09

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Escena Properties Llc
Bought by
Pacific Executive Promotions
Current Estimated Value
$8,656,308

Purchase Details

Closed on
Sep 7, 2016
Sold by
Derrymore 1031 Llc
Bought by
Escena Properties Llc

Purchase Details

Closed on
Dec 17, 2015
Sold by
Phyle Charles E and Phyle Charles E
Bought by
Derrymore 1031 Llc

Purchase Details

Closed on
Apr 20, 2009
Sold by
East Of Madison Llc
Bought by
Phyle Charles E
Source: Public Records

Range of Values:

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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
Pacific Executive Promotions -- Accommodation/Courtesy Recordi
Escena Properties Llc -- First American Title Company
Derrymore 1031 Llc $1,300,000 First American Title Company
Phyle Charles E $1,300,000 Fidelity National Title Co S
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2016 03/16/16 Sold $1,300,000 -13.3% --
10/22/2013 10/22/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $1,500,000 -- --
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 $74,649 $5,918,460 $1,538,934 $4,379,526
2023 $74,649 $5,688,640 $1,479,176 $4,209,464
2022 $72,495 $5,577,099 $1,450,173 $4,126,926
2021 $71,167 $5,467,745 $1,421,739 $4,046,006
2020 $70,354 $5,411,681 $1,407,161 $4,004,520
2019 $57,100 $4,369,238 $1,379,570 $2,989,668
2018 $30,664 $2,352,520 $1,352,520 $1,000,000
2017 $17,508 $1,326,000 $1,326,000 $0
2016 $18,244 $1,414,169 $1,414,169 $0
2015 $17,507 $1,392,928 $1,392,928 $0
2014 $17,429 $1,365,644 $1,365,644 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213001246

California Desert Association of REALTORS®

APN: 779-380-012