NOT LISTED FOR SALE

Estimated Value: $5,188,012 - $5,751,000

5 Beds
5.5 Baths
5,756 Sq Ft
$954/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $3,700,000 $643 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $36,226/month

148 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Panoramic View
  • Wine Cellar
  • Gourmet Kitchen
  • Gated Community

About This Home

As of March 2018

This home blends simple elegance of Spanish architecture with Mizner influenced architectural style offering luxury and comfort. The magnificent great room and gourmet kitchen transition gracefully to picturesque open-air terraces. Offering 5,756 square foot and includes 4 bedrooms, detached casita and 5.5 baths. Spectacular wrought iron chandeliers hang from the soaring ceiling along with the stone-carved elements all adding richness, texture and heightened air of sophistication to this home. Upgraded finishes include wood and stone flooring, custom window coverings, wrought iron finishes and architectural details throughout. Open up the pocket doors to dine or entertain at the outdoor living space offering a cook center, custom pool, spa, fire pit and outstanding views. (Offered unfurnished)

Last Agent to Sell the Property

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 10/02/2017

Last Buyer's Agent

Sheri Dettman

Equity Union License #01753976

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,968

Year Built

  • Built in 2008

Lot Details

  • 0.66 Acre Lot
  • North Facing Home
  • Landscaped
  • Private Yard

HOA Fees

  • $1,955 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 5,756 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Log Fireplace
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Entryway
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Parking

  • 2 Car Direct Access Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Outdoor Features

  • Fire Pit

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 767880027

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,968

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,955 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: Two
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 4
  • Entry Location: Main Level
  • Included In Sale: Furnished as per inventory.
  • List Price per Sq Ft: 616.75
  • Lp Sp Ratio: 1.0423
  • View Type: Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 2008
  • Listing I D: 217026440
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • Selling Office Address: 47100 Washington St., Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Master Bedroom, Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Wet Bar, Recessed Lighting
  • Fireplace Features: Fire Pit, Gas Log
  • Flooring: Carpet, Stone Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 5756.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 1955.00
  • Total Monthly Association Fees: 1955.00

Lot Info

  • Assessor Parcel Number: 767880027
  • Lot Acres: 0.6600
  • Lot Description: Landscaped, Yard
  • Lot Size: 28750.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2019
Sold by
Surber Jack R
Bought by
Surber Jack R and Surber Trust
Current Estimated Value
$5,490,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,330,000
Outstanding Balance
$1,955,317
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,534,936

Purchase Details

Listed on
Oct 2, 2017
Closed on
Mar 5, 2018
Sold by
Addario James D and Addario Janet D
Bought by
Surber Jack R and Surber Trust
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Sheri Dettman
Equity Union
List Price
$3,900,000
Sold Price
$3,700,000
Premium/Discount to List
-$200,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$2,560,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2009
Sold by
East Of Madison Llc
Bought by
Daddario James and Daddario Janet
Source: Public Records

Range of Values:

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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
Surber Jack R -- Servicelink
Surber Jack R $3,700,000 Lawyers Title Ie
Daddario James $3,600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surber Jack R $2,330,000
Closed Surber Jack R $2,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $3,700,000 +4.2% $643 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
01/08/2018 01/08/18 Price Changed $3,550,000 -9.0% $617 / Sq Ft
10/02/2017 10/02/17 For Sale $3,900,000 -- $678 / Sq Ft
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 $52,968 $4,209,964 $1,024,044 $3,185,920
2023 $52,968 $4,046,487 $984,280 $3,062,207
2022 $51,553 $3,967,145 $964,981 $3,002,164
2021 $50,601 $3,889,359 $946,060 $2,943,299
2020 $49,830 $3,849,480 $936,360 $2,913,120
2019 $53,063 $4,074,370 $1,482,614 $2,591,756
2018 $44,378 $3,400,000 $1,200,000 $2,200,000
2017 $45,311 $3,400,000 $1,200,000 $2,200,000
2016 $49,956 $3,839,375 $1,397,104 $2,442,271
2015 $43,907 $3,459,000 $1,259,000 $2,200,000
2014 $44,575 $3,459,000 $1,259,000 $2,200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217026440

California Desert Association of REALTORS®

APN: 779-450-005