NOT LISTED FOR SALE

52835 Avenida Martinez La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $461,000 - $515,000

2 Beds
2 Baths
1,140 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2018

Last sale price $445,000 $390 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,096 / mo

1 Day on Market

Highlights

  • Heated Lap Pool
  • Mountain View
  • Spanish Architecture
  • 0.23 Acre Lot
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2018

Two, circa 1948 spanish cabins spread across a double lot in Historic La Quinta Cove. A unique opportunity for a one-of-a-kind property with a proven Vacation Rental pedigree. Both rustic casita cabins ooze historical charm through their original architecture yet pack considerable amenity punch boasting modern comfort and convenience. Moderate in size, each casita spills into large overhung patio areas for outdoor dining and entertaining. Large remodeled lap pool and spa highlight this soulful desert compound and compliment the outstanding mountain views. Both casitas offer full remodeled kitchens and baths with rustic, European cabinets, tumbled stone backspashes and stunning showers which echo their spanish roots with contemporary floor-to-ceiling Mexican tile. Close to Old Town restaurants, golf, tennis & adjacent to world-class hiking & biking trails this proven vacation rental is charming, elegant, rustic, private and is ready for its new owner to walk right into revenue.

Last Agent to Sell the Property

Jason Setterlund

Capitis Real Estate License #01410969 Listed on: 10/03/2018

Last Buyer's Agent

Unknown Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 10,019 Sq Ft Lot
  • East Facing Home

Home Design

  • Spanish Architecture
  • Cottage
  • Turnkey
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Great Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Carport
  • Driveway
  • Automatic Gate
  • On-Street Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Wood Patio

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Property is located within a water district
  • Electric Water Heater

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 773331039

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East
  • Levels: One
  • Builders Tract Code: La Quinta Cove
  • Building Number Of Stories: 1
  • Building Style: Cottage, Spanish
  • Included In Sale: Turnkey Furnished as seen.
  • List Price per Sq Ft: 390.35
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1948
  • Listing I D: 218027474
  • Listing Office Address: 70227 Hwy 111, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 777-9091
  • Selling Office Address: 70227 Hwy 111, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 777-9091
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Oven
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Fireplace Features: Stone
  • Flooring: Hardwood
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1140.00

Exterior Features

  • Construction: Block
  • Roofing: Tile
  • Patio: Wood
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Lap
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Driveway, On Street

Utilities

  • Cooling Type: Air Conditioning, Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Heating Fuel: Electric
  • Security: Automatic Gate
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric

Lot Info

  • Assessor Parcel Number: 773331039
  • Lot Acres: 0.2300
  • Lot Description: 2 - 4 Lots, Automatic Gate
  • Lot Size: 10019.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Oct 10, 2018
Sold by
Hewitt Jeffrey
Bought by
Lux Box Collection Llc
Seller's Agent
Jason Setterlund
Capitis Real Estate
Buyer's Agent
Unknown Member
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$485,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,333
Avg. Annual Appreciation
1.16%

Purchase Details

Listed on
Jan 25, 2015
Closed on
Apr 14, 2015
Sold by
Allbritten Emily
Bought by
Hewitt Jeffrey
Seller's Agent
Alan Fisher
Tarbell REALTORS
Buyer's Agent
Alan Fisher
Tarbell REALTORS
List Price
$249,900
Sold Price
$200,000
Premium/Discount to List
-$49,900
-19.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.61%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Allbritten Emily
Bought by
Allbritten Emily and Douglas Kimball Ham Irrevocable Trust

Purchase Details

Closed on
Apr 23, 2003
Sold by
Jennings Daniel M and Jennings Ann
Bought by
Albritten Emily and The Douglas Kimball Ham Irrevocable Tr

Purchase Details

Closed on
Jun 21, 2000
Sold by
Lutes David J
Bought by
Jennings Daniel M and Jennings Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,650
Interest Rate
9.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lux Box Collection Llc $445,000 First American Title
Hewitt Jeffrey $200,000 Landwood Title
Allbritten Emily -- --
Allbritten Emily -- --
Allbritten Emily -- --
Albritten Emily $208,000 Commerce Title
Jennings Daniel M $153,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennings Daniel M $114,650
Closed Jennings Daniel M $22,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2018 10/22/18 Sold $445,000 0.0% $390 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $445,000 +122.5% $390 / Sq Ft
08/18/2015 08/18/15 Sold $200,000 0.0% -- View Prior Sale
06/15/2015 06/15/15 Off Market $200,000 -- --
06/04/2015 06/04/15 Sold $200,000 -11.1% $175 / Sq Ft View Prior Sale
05/13/2015 05/13/15 Price Changed $224,900 -10.0% $197 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/15/2015 03/15/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $249,900 0.0% --
01/25/2015 01/25/15 For Sale $249,900 -- $219 / Sq Ft
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 $6,058 $408,274 $176,249 $232,025
2023 $6,058 $392,422 $169,406 $223,016
2022 $5,515 $384,729 $166,085 $218,644
2021 $5,377 $377,186 $162,829 $214,357
2020 $5,277 $373,320 $161,160 $212,160
2019 $5,172 $366,000 $158,000 $208,000
2018 $2,593 $168,999 $79,218 $89,781
2017 $2,564 $165,686 $77,665 $88,021
2016 $2,527 $162,439 $76,143 $86,296
2015 $3,390 $229,755 $41,769 $187,986
2014 $3,339 $225,255 $40,951 $184,304
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jason Setterlund

    Capitis Real Estate

  • U

    Buyer's Agent in 2018

    Unknown Member

  • A

    Seller's Agent in 2015

    Alan Fisher

    Tarbell REALTORS

  • R

    Buyer's Agent in 2015

    Raymond Radas

    Equity Union

    (760) 485-4586

    1 in this area

    20 Total Sales

    Raymond Radas
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218027474

California Desert Association of REALTORS®

APN: 773-331-039

California Riverside County La Quinta 92253 La Quinta Cove

52835 Avenida Martinez, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.