NOT LISTED FOR SALE

53320 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $380,000 - $471,012

3 Beds
2 Baths
1,212 Sq Ft
$355/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $396,000 $327 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,798/month

16 Days on Market

Highlights

  • Mountain View
  • Ceramic Tile Flooring
  • Ceiling Fan
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 3-minute walk to Eisenhower Park

About This Home

As of June 2023

New Price! Highly sought after La Quinta Cove Location! This 3 bedroom 2 bath home offers a great combination of investment potential, location and open concept living all in one. Spacious kitchen and dining room with Spanish style brick fireplace. Lots of closet space in the primary, secondary and third bedrooms. Create your own little oasis in the generous outdoor shaded patio. Newly painted, freshly landscaped, Newer HVAC system and carpet make this comfortable home ready to move in with a little TLC. Located close to parks, local hiking trails and just blocks away from Old Town La Quinta with dining and entertainment. For investors this location has a high demand of interest and high return on investment. Bring all offers!

Last Agent to Sell the Property

Matthew Finley

Compass License #01465586 Listed on: 05/10/2023

Compass

Last Buyer's Agent

Marc Lange

Equity Union License #01407481

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,701

Year Built

  • Built in 1978

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Mountain Views

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • On-Street Parking

Additional Features

  • Sprinkler System
  • Ground Level
  • Central Heating and Cooling System

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 774085004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,701

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 325.91
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 1978
  • Listing I D: 219094827
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 537-2911
  • Selling Office Address: 460 S. Palm Canyon Dr, Palm Springs, CA 92262
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas & Wood
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1212.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Garage Door Opener
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Sewer: Unknown

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 774085004
  • Irrigation: Sprinkler System
  • Lot Size: 0.12

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 5, 2023
Sold by
Finley Michael and Finley Jill
Bought by
Harris Dean
Seller's Agent
Matthew Finley
Compass
Buyer's Agent
Marc Lange
Equity Union
List Price
$420,000
Sold Price
$396,000
Premium/Discount to List
-$24,000
-5.71%
Views
134
Current Estimated Value
$429,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,753
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Livin Finley Michael
Bought by
Finley Michael and Williams Jill

Purchase Details

Closed on
May 11, 2006
Sold by
Finley Michael Anthony
Bought by
Finley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2001
Sold by
Dresser Daniel L and Dresser Deborah K
Bought by
Finley Michael Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,812
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1997
Sold by
Dresser Daniel L
Bought by
Dresser Daniel L and Dresser Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1996
Sold by
Hud
Bought by
Dresser Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,010
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1995
Sold by
Norwest Mtg Inc
Bought by
Hud
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
Harris Dean $396,000 First American Title
Finley Michael -- Nextitle
Finley Michael -- None Available
Finley Michael Anthony $119,000 Chicago Title Co
Dresser Daniel L -- Fidelity National Title Ins
Dresser Daniel L $68,000 Chicago Title Co
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finley Michael Anthony $213,750
Previous Owner Finley Michael Anthony $27,000
Previous Owner Finley Michael Anthony $112,812
Previous Owner Dresser Daniel L $50,000
Previous Owner Dresser Daniel L $66,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $396,000 +0.3% $327 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $395,000 -6.0% $326 / Sq Ft
05/10/2023 05/10/23 For Sale $420,000 -- $347 / 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 $5,701 $411,996 $103,000 $308,996
2023 $5,701 $168,658 $42,155 $126,503
2022 $2,639 $165,352 $41,329 $124,023
2021 $2,563 $162,111 $40,519 $121,592
2020 $2,521 $160,450 $40,104 $120,346
2019 $2,470 $157,305 $39,319 $117,986
2018 $2,414 $154,222 $38,549 $115,673
2017 $2,388 $151,199 $37,794 $113,405
2016 $2,356 $148,235 $37,053 $111,182
2015 $2,360 $146,011 $36,498 $109,513
2014 $2,327 $143,153 $35,784 $107,369
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Finley

    Compass

    Section Image
  • Marc Lange

    Buyer's Agent in 2023

    Marc Lange

    Equity Union

    (760) 834-5484

    2 in this area

    136 Total Sales

    Marc Lange
    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219094827

California Desert Association of REALTORS®

APN: 774-085-004

California Riverside County La Quinta 92253 La Quinta Cove

53320 Avenida Velasco, La Quinta, CA

This home is located at 53320 Avenida Velasco, La Quinta, CA 92253 since 10 May 2023 and is currently estimated at $429,753, approximately $354 per square foot. This property was built in 1978. 53320 Avenida Velasco is a home located in Riverside County with nearby schools including Harry S. Truman Elementary School, La Quinta Middle School, and La Quinta 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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