NOT LISTED FOR SALE

52805 Meriwether Way La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $6,404,000 - $9,507,000

0.63 Acre
$12,927,890 Price per Acre
27,443 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $975,000

Est. 735% increase in value since last sale

Current estimated payment $48,410/month

Highlights

  • On Golf Course
  • 0.63 Acre Lot
  • Rectangular Lot
  • Gated Community

About This Lot

As of January 2020

This custom home site at the Madison Club comes complete with a set of plans for a 5,200 sq ft home designed by Architect Gordon Stein. Renderings have been added to the listing information and a set of floor plans is available through the sales office. The views at The Madison Club are unparalleled...come see for yourself.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 12/19/2019

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 12/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $60,192

Lot Details

  • 0.63 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Rectangular Lot
  • Paved or Partially Paved Lot

Property Views

  • Golf Course
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 767690033

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$60,192

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Included In Sale: Full set of plans by Architect Gordon Stein
  • Lp Sp Ratio: 0.9300
  • View Type: Golf Course, Mountain(s)
  • Water District Name: CVWD
  • Internal Listing I D: 20191219234532688574000000
  • Listing I D: 219035645
  • 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
  • Water: In Street
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1649.00

Lot Info

  • Assessments: Buyer to Verify
  • Present Use: Residential
  • Tract Name: The Madison Club
  • Assessor Parcel Number: 767690033
  • Lot Acres: 0.6300
  • Lot Location: On Golf Course
  • Lot Size: 27443.00
  • List Price per Acre: 1666666.67
  • Lot Features: Rectangular Lot, Street Paved
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Okeefe Timothy M and The Timothy M Okeefe Revocable
Bought by
Okeefe Timothy M and The Timothy M Okeefe Revocable
Current Estimated Value
$8,144,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$907,872
Interest Rate
1.87%
Mortgage Type
New Conventional
Estimated Equity
$6,156,054

Purchase Details

Listed on
Dec 19, 2019
Closed on
Dec 23, 2019
Sold by
Mankato Llc
Bought by
Keefe Timothy M O and Timothy M O Keefe Revocable Tr
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.71%
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
Okeefe Timothy M -- Amrock Llc
Keefe Timothy M O $975,000 Fidelity National Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okeefe Timothy M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $975,000 -7.1% --
12/19/2019 12/19/19 Pending -- -- --
12/19/2019 12/19/19 For Sale $1,050,000 +23.5% --
05/19/2017 05/19/17 Sold $850,000 -15.0% --
03/20/2017 03/20/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $1,000,000 -- --
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 $60,192 $4,780,531 $1,066,303 $3,714,228
2023 $60,192 $6,283,203 $1,024,899 $5,258,304
2022 $79,131 $6,104,803 $1,004,803 $5,100,000
2021 $12,967 $985,101 $985,101 $0
2020 $11,631 $902,026 $902,026 $0
2019 $11,436 $884,340 $884,340 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    47 in this area

    48 Total Sales

    Glenn Cassell
    Section Image

  • N

    Seller's Agent in 2017

    Nick Blodgett

    Dibble Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219035645

California Desert Association of REALTORS®

APN: 779-410-031

California Riverside County La Quinta 92253 PGA West

52805 Meriwether Way, La Quinta, CA

This home is located at 52805 Meriwether Way, La Quinta, CA 92253 since 19 December 2019 and is currently estimated at $8,144,571. 52805 Meriwether Way is a home located in Riverside County with nearby schools including Mountain Vista Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

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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