$2,350,000
SOLD MAY 28, 2019
0.75 Acre
$3,133,333 Price per Acre
32,670 Sq Ft Lot

Recently Sold

6% Below List Price

516 Days on Market

Highlights

  • On Golf Course
  • 0.75 Acre Lot
  • Paved or Partially Paved Lot
  • Gated with Attendant
  • Mountain View

About This Lot

As of May 2020

This custom home site at the prestigious Madison Club offers stunning views of the Santa Rosa mountains and the 16th Fairway impeccably maintained private Tom Fazio golf course.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 12/20/2017

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 12/20/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,038

Lot Details

  • 0.75 Acre Lot
  • On Golf Course
  • Paved or Partially Paved Lot
  • Level Lot

Property Views

  • Mountain Views

Utilities

  • Property is located within a water district
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 767700007

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$39,038

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Included In Sale: Buyer will be required to purchase Seller's Madison Club Membership no later than closing.
  • Lp Sp Ratio: 0.9400
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley
  • Internal Listing I D: 20190608125803525025000000
  • Listing I D: 217035120
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: Unknown
  • Water: In Street, Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1597.00

Lot Info

  • Assessor Parcel Number: 767700007
  • Lot Acres: 0.7500
  • Lot Location: On Golf Course
  • Lot Size: 32669.00
  • Land Info Topography: Flat
  • List Price per Acre: 3333333.33
  • Lot Features: Gated with Guard, Street Paved, Single Lot, Level
  • Tract Map: Final

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 18, 2020
Sold by
Madison 28 29 Llc
Bought by
Humboldt Madison Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
George Van Valkenburg Jr.
Desert Sotheby's International Realty
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$3,984,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,000

Purchase Details

Listed on
Apr 17, 2020
Closed on
Mar 26, 2020
Sold by
Fls Business Center Llc
Bought by
Madison 28 29 Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
George Van Valkenburg Jr.
Desert Sotheby's International Realty
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%

Purchase Details

Listed on
Dec 20, 2017
Closed on
May 22, 2019
Sold by
Lexington Iii La Quinta Llc
Bought by
Fls Business Center Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$2,500,000
Sold Price
$2,350,000
Premium/Discount to List
-$150,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.30%
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 Type Sale Price Title Company
Grant Deed $3,000,000 Fntg Builder Services
Grant Deed $90,909 Fntg Builder Services
Grant Deed $2,350,000 Fidelity National Ttl Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $3,000,000 -14.3% --
05/20/2020 05/20/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $3,500,000 +48.9% --
05/28/2019 05/28/19 Sold $2,350,000 -6.0% --
05/20/2019 05/20/19 Pending -- -- --
12/20/2017 12/20/17 For Sale $2,500,000 -- --
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
2021 $39,038 $2,421,832 $2,421,832 $0
2020 $30,854 $2,397,000 $2,397,000 $0
2019 $31,626 $2,450,130 $2,450,130 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217035120

California Desert Association of REALTORS®

APN: 779-440-007