NOT LISTED FOR SALE

Estimated Value: $3,248,000

1.54 Acres
$2,109,091 Price per Acre
67,082 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $2,350,000

Est. 38% increase in value since last sale

Current estimated payment $20,249/month

270 Days on Market

Highlights

  • On Golf Course
  • Mountain View
  • Paved or Partially Paved Lot
  • 1.54 Acre Lot

About This Lot

As of February 2019

These two North West facing lots are waiting for your Dream Home at The Madison Club. The views of the 16th Tee of the Tom Fazio Golf Course and the stunning Santa Rosa Mountains from this custom home site are truly magnificent.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 05/02/2018

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 05/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $252,671

Lot Details

  • 1.54 Acre Lot
  • On Golf Course
  • Paved or Partially Paved Lot
  • Level Lot
  • Irregular Lot

Property Views

  • Mountain Views

Utilities

  • Property is located within a water district
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • The Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 767700015

Property Details

Property Type

Land

Est. Annual Taxes

$252,671

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Lp Sp Ratio: 0.9400
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Internal Listing I D: 20190608125914276100000000
  • Listing I D: 218013844
  • 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: Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1597.00

Lot Info

  • Tract Name: The Madison Club
  • Assessor Parcel Number: 767700015
  • Lot Acres: 1.5400
  • Lot Location: On Golf Course
  • Lot Size: 67061.00
  • List Price per Acre: 1623376.62
  • Lot Features: Irregular Lot, Street Paved, Level
  • Tract Map: Final

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Allan Vander Werf Jesse and Nicol Danielle
Bought by
Vdw Madison Llc
Current Estimated Value
$3,248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Outstanding Balance
$7,941,740
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
-$4,693,740
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
Vdw Madison Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vdw Madison Llc $8,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $2,350,000 -6.0% --
05/02/2018 05/02/18 Pending -- -- --
05/02/2018 05/02/18 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
2025 $252,671 $20,790,692 $5,693,380 $15,097,312
2023 $252,671 $11,330,300 $5,472,300 $5,858,000
2022 $51,485 $3,980,268 $2,470,268 $1,510,000
2021 $31,481 $2,421,832 $2,421,832 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218013844

California Desert Association of REALTORS®

APN: 779-440-049