NOT LISTED FOR SALE

Estimated Value: $4,697,000 - $4,889,580

5 Beds
5.5 Baths
4,859 Sq Ft
$991/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $3,050,000 $628 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $30,977/month

103 Days on Market

Highlights

  • Heated In Ground Pool
  • Creek or Stream View
  • Wood Flooring
  • 25,700 Sq Ft lot
  • Fireplace in Primary Bedroom
  • Spanish Architecture

About This Home

As of September 2020

The Madison Club, the most exclusive golf club in La Quinta with world class Tom Fazio designed golf course, exclusive club and spa. Enter thru a beautiful courtyard to this elegant and inviting contemporary Spanish villa with two luxurious master suites with one downstairs and one upstairs with additional private stairwell entry from the outside. High ceilings and loads of light all opening living and family kitchen on both sides to pool, yard, firepit and outdoor barbecue kitchen. Separate guest house with kitchenette. Large 3 car garage and spacious motor court. Offered beautifully furnished and ready for the season!

Last Agent to Sell the Property

Ginger Glass

Compass License #01478465 Listed on: 04/28/2020

Compass

Co-Listed By

Glenn Cassell

Madison Club Properties License #01953599

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,312

Year Built

  • Built in 2013

Lot Details

  • 0.59

HOA Fees

  • $2,257 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,859 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room with Fireplace
  • 4 Fireplaces
  • Family Room
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Direct Access Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Fire Pit
  • 0.59 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 767-880-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,312

Year Built

Built in 2013

Lot Details

0

HOA Fees

$2,257 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: The Madison Club
  • Living Area: 4859
  • Stories: 2
  • Year Built: 2013
  • Builders Tract Name: The Madison
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Gas, Great Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 678.12

Exterior Features

  • Other Structures: None
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: Creek/Stream, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Circular Driveway, Direct Entrance, Driveway, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Fireplace, Forced Air, Natural Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 2257.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 767-880-020
  • Geocode Override: No
  • Lot Size Area: 25700

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Aug 24, 2020
Sold by
Lawson James R and Lawson Janice R
Bought by
Equestrian Life Nv Llc
Seller's Agent
Ginger Glass
Compass
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$3,295,000
Sold Price
$3,050,000
Premium/Discount to List
-$245,000
-7.44%
Current Estimated Value
$4,813,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,763,193
Avg. Annual Appreciation
9.36%
Original Mortgage
$450,000
Outstanding Balance
$404,531
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$4,408,662

Purchase Details

Closed on
Oct 24, 2016
Sold by
Lawson James R and Lawson Janice R
Bought by
Lawson James R and Lawson Janice R

Purchase Details

Listed on
Nov 2, 2015
Closed on
Feb 26, 2016
Sold by
Walters William T and Walters Susan B
Bought by
Lawson James Russell and Lawson Janice Rae
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%

Purchase Details

Closed on
Feb 4, 2014
Sold by
East Of Madison Llc
Bought by
Walters William T and Walters Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.49%
Mortgage Type
Seller Take Back
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
Equestrian Life Nv Llc $3,050,000 Fntg Builder Services
Lawson James R -- None Available
Lawson James Russell $3,000,000 First American Title Company
Walters William T $3,200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equestrian Life Nv Llc $450,000
Previous Owner Walters William T $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $3,050,000 -7.4% $628 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $3,295,000 +9.8% $678 / Sq Ft
03/04/2016 03/04/16 Sold $3,000,000 -14.3% $627 / Sq Ft View Prior Sale
03/03/2016 03/03/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $3,500,000 -- $731 / Sq Ft
Source: The MLS

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 $42,312 $3,301,417 $1,082,432 $2,218,985
2023 $42,312 $3,173,220 $1,040,400 $2,132,820
2022 $40,941 $3,111,000 $1,020,000 $2,091,000
2021 $40,176 $3,050,000 $1,000,000 $2,050,000
2020 $40,919 $3,111,990 $1,055,370 $2,056,620
2019 $40,224 $3,050,972 $1,034,677 $2,016,295
2018 $39,529 $2,991,150 $1,014,390 $1,976,760
2017 $39,512 $2,932,500 $994,500 $1,938,000
2016 $43,504 $3,313,710 $1,035,534 $2,278,176
2015 $41,774 $3,263,936 $1,019,980 $2,243,956
2014 $31,082 $2,386,226 $48,359 $2,337,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-574372

The MLS

APN: 779-450-017