NOT LISTED FOR SALE

52741 Ross Ave La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $5,263,000 - $17,052,114

0.85 Acre
$12,281,221 Price per Acre
37,026 Sq Ft Lot

Last Sold April 14, 2020

Last sale price $3,245,000

Est. 222% increase in value since last sale

Current estimated payment $64,325/month

151 Days on Market

About This Lot

As of April 2020

The best undeveloped remaining view lot in the prestigious Madison club. With an "A plus" location on "Billionaires' row" Ross ave. This approx., 37,026 SF lot is facing west with the most explosive and uninterrupted mountain and golf views and featuring extreme privacy with no other homes in sight. Enjoy the captivating water views on the 5th on the world class Tom Fazio designed golf course.

Last Agent to Sell the Property

Ginger Glass

Compass License #01478465 Listed on: 11/01/2019

Compass

Co-Listed By

Glenn Cassell

Madison Club Properties License #01953599

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $112,966

Lot Details

  • 0.85 Acre Lot

Property Views

  • Golf Course
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 767-670-015

Property Details

Property Type

Land

Est. Annual Taxes

$112,966

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Builders Tract Name: The Madison
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 767-670-015
  • Geocode Override: No
  • Lot Size Area: 37026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Apr 3, 2020
Sold by
Flannery Michael N
Bought by
Casa Del Gato Llc
Seller's Agent
Ginger Glass
Compass
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$3,295,000
Sold Price
$3,245,000
Premium/Discount to List
-$50,000
-1.52%
Current Estimated Value
$10,439,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,194,038
Avg. Annual Appreciation
23.48%

Purchase Details

Closed on
Oct 19, 2015
Sold by
Flannery Christel
Bought by
Flannery Michael N

Purchase Details

Closed on
Oct 15, 2015
Sold by
Desert Rings Llc
Bought by
Flannery Michael N

Purchase Details

Closed on
Feb 13, 2013
Sold by
Filler Jimmy and Filler Carol
Bought by
Desert Rings Llc

Purchase Details

Listed on
Oct 10, 2011
Closed on
Feb 9, 2012
Sold by
Madison Development Llc
Bought by
Filler Jimmy and Filler Carol
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$2,100,000
Sold Price
$1,500,000
Premium/Discount to List
-$600,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Closed on
Dec 12, 2005
Sold by
East Of Madison Llc
Bought by
Madison Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Casa Del Gato Llc $3,245,000 Fntg Builder Services
Flannery Michael N -- First American Title Company
Flannery Michael N $2,000,000 First American Title Company
Desert Rings Llc $2,200,000 Ticor Title Company Of Ca
Filler Jimmy $1,500,000 Ticor Title Company Of Ca
Madison Development Llc $3,000,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madison Development Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2020 04/14/20 Sold $3,245,000 -1.5% --
03/31/2020 03/31/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $3,295,000 +119.7% --
02/22/2012 02/22/12 Sold $1,500,000 -28.6% -- View Prior Sale
10/10/2011 10/10/11 Pending -- -- --
10/10/2011 10/10/11 For Sale $2,100,000 -- --
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 $112,966 $12,748,879 $3,548,879 $9,200,000
2023 $112,966 $4,101,073 $3,411,073 $690,000
2022 $43,271 $3,344,190 $3,344,190 $0
2021 $42,477 $2,187,291 $2,187,291 $0
2020 $27,871 $2,164,864 $2,164,864 $0
2019 $27,403 $2,122,416 $2,122,416 $0
2018 $26,881 $2,080,800 $2,080,800 $0
2017 $26,907 $2,040,000 $2,040,000 $0
2016 $36,089 $2,800,000 $2,000,000 $800,000
2015 $28,298 $2,254,142 $2,254,142 $0
2014 $28,173 $2,209,988 $2,209,988 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginger Glass

    Seller's Agent in 2020

    Ginger Glass

    Compass

    (310) 927-9307

    50 in this area

    163 Total Sales

    Ginger Glass
    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    41 in this area

    42 Total Sales

    Glenn Cassell
    Section Image

  • N

    Seller's Agent in 2012

    Nick Blodgett

    Dibble Real Estate

See All Agents

Map

Source: The MLS

MLS Number: 19-526352

The MLS

APN: 779-380-015

California Riverside County La Quinta 92253 PGA West

52741 Ross Ave, La Quinta, CA

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