NOT LISTED FOR SALE

52637 Meriwether Way La Quinta, CA 92253

Estimated Value: $3,956,000

0.59 Acre
$6,705,189 Price per Acre
25,700 Sq Ft Lot

Sale Details

Date Sold: December 4, 2020

Last sale price $1,895,000

Est. 109% increase in value since last sale

Current estimated payment $26,990 / mo

22 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Paved or Partially Paved Lot
  • Panoramic View

About This Lot

As of December 2020

Welcome to the Madison Club! This incredible Custom Homesite offers panoramic views of the Santa Rosa Mountains and the practice facility for the Tom Fazio-designed golf course.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/27/2020

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/27/2020

Property Details

Property Type

  • Land

Lot Details

  • 25,700 Sq Ft Lot
  • Property fronts a private road
  • On Golf Course
  • Paved or Partially Paved Lot
  • Level Lot

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 779410027

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0.59 Acres

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Co Listing Office Address: 9454 Wilshire Blvd., Suite 400, Beverly Hills, CA 90212
  • Internal Listing I D: 20201027160934498640000000
  • Listing I D: 219052062
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private Road
  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: Unknown
  • Water: In Street
  • Utilities: In Street

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1649.00

Lot Info

  • Present Use: Residential
  • Assessor Parcel Number: 779410027
  • Lot Location: On Golf Course
  • Lot Size: 25700.00
  • Lot Features: Level, Street Paved
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Tax Legal Lot Number: 37
  • Tax Legal Tract Number: 33076-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Madison Club 37B Llc
Bought by
Madison Club 37B Llc
Current Estimated Value
$3,956,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,737,376
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2022
Sold by
Madison Club Lot 37B Llc
Bought by
Madison Club 37B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,737,376
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2020
Closed on
Nov 17, 2020
Sold by
Mark V Reichman Madison Llc
Bought by
Madison Club Lot 37B Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$1,895,000
Sold Price
$1,895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Madison Club 37B Llc $151,000 Fidelity National Title
Madison Club 37B Llc -- First American Title
Madison Club Lot 37B Llc $1,895,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madison Club 37B Llc $7,737,376
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $1,895,000 0.0% --
11/18/2020 11/18/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $1,895,000 -- --
Source: California Desert Association of REALTORS®

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 $73,918 $13,550,843 $2,181,843 $11,369,000
2023 $73,918 $1,971,558 $1,971,558 --
2022 $24,860 $1,932,900 $1,932,900 $0
2021 $24,414 $1,893,764 $1,893,764 $0
2020 $15,262 $1,184,500 $1,184,500 $0
2019 $23,721 $1,837,595 $1,837,595 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    40 Total Sales

    Glenn Cassell
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219052062

California Desert Association of REALTORS®

APN: 779-410-027

California Riverside County La Quinta 92253

52637 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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