NOT LISTED FOR SALE

Estimated Value: $4,796,000 - $13,100,967

6 Beds
9 Baths
10,290 Sq Ft
$902/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $8,500,000 $826 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $59,516/month

38 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • Sauna
  • Wine Cellar
  • Heated In Ground Pool
  • Gourmet Kitchen

About This Home

As of July 2020

Best View In The Desert! This spectacular home located on an elevated lot within The Madison Club showcases the highest level of quality in every detail. From the custom furniture and custom infrared sauna to the grand master suite and theater with performance stage, no detail has been overlooked. Incorporating European traditional and modern design, sleek and organic materials are blended seamlessly inside and out. This 10,290 sq. ft. home is situated above the 15th fairway of the Tom Fazio designed golf course and offers breathtaking panoramic golf course and mountain views. Offered furnished per inventory. Artwork excluded from the sale.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 05/25/2020

Co-Listed By

Ginger Glass

Compass License #01478465

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 05/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,672

Year Built

  • Built in 2014

Lot Details

  • 0.85 Acre Lot
  • On Golf Course
  • Home has East and West Exposure
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $1,299 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Tile Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 10,290 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Stone Fireplace
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Wine Cellar
  • Great Room with Fireplace
  • 6 Fireplaces
  • Combination Dining and Living Room
  • Home Theater
  • Sauna
  • Home Gym

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Fire and Smoke Detector

Parking

  • 4 Car Direct Access Garage
  • Porte-Cochere
  • Circular Driveway
  • Automatic Gate
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Built-In Barbecue

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 779440017

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision
  • Planned Unit Development
  • 6-Story Property

Recreation

  • Golf Course Community

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,672

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,299 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: Two
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 6
  • Building Style: Mediterranean
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: Furnished per Seller Inventory
  • List Price per Sq Ft: 971.33
  • Lp Sp Ratio: 0.8500
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 2014
  • Co Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing I D: 219043478
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Selling Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Exhaust Fan, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Exterior, Primary Bedroom, Great Room
  • Interior Amenities: Built-In Features, Wet Bar, Two Story Ceilings, Surround Sound Wired, Recessed Lighting, Open Floorplan, Living Room Balcony, High Ceilings (9 Ft+), Home Automation System
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Decorative, Stone, Fire Pit
  • Flooring: Carpet, Stone Tile, Hardwood
  • Bedroom Features: Primary Retreat, Walk In Closet, Primary Suite
  • Total Bedrooms: 6
  • Bathroom Features: Double Vanity(s), Steam Shower, Powder Room
  • Half Bathrooms: 3
  • Total Bathrooms: 9.00
  • Full Bathrooms: 6
  • Eating Areas: Dining Area, Living/Dining Combo, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 10290.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Hard Coat Stucco, Stone
  • Other Features: Balcony, Sauna Private, Custom Built, Barbeque Private
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Patio: Covered, Rock - Stone
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Direct Entrance, Circular Driveway, Porte-Cochere
  • Total Covered Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Fire Alarm, Automatic Gate
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Security
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 1299.00
  • Total Monthly Association Fees: 1299.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 779440017
  • Irrigation: Sprinkler System
  • Lot Acres: 0.8500
  • Lot Description: Automatic Gate, Utilities Underground, Street Paved, Irregular Lot, Landscaped
  • Lot Location: On Golf Course
  • Lot Size: 37026.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jun 17, 2020
Sold by
Bodal Bernt O and Vargas Elizabeth
Bought by
Piercey William
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$9,995,000
Sold Price
$8,500,000
Premium/Discount to List
-$1,495,000
-14.96%
Current Estimated Value
$9,280,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,989
Avg. Annual Appreciation
1.67%

Purchase Details

Closed on
Aug 12, 2016
Sold by
Bodal Bernt O and Vargas Elizabeth
Bought by
Bodal Bernt O and Vargas Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.41%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2008
Sold by
East Of Madison Llc
Bought by
Bodal Bernt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Piercey William $8,500,000 Fidelity National Title
Bodal Bernt O -- Chicago Title Company
Bodal Bernt O -- Chicago Title Company
Bodal Bernt $3,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bodal Bernt O $1,500,000
Previous Owner Bodal Bernt $2,625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $8,500,000 -15.0% $826 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $9,995,000 -- $971 / 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 $115,672 $9,200,673 $2,164,864 $7,035,809
2023 $115,672 $8,843,400 $2,080,800 $6,762,600
2022 $112,498 $8,670,000 $2,040,000 $6,630,000
2021 $110,361 $8,500,000 $2,000,000 $6,500,000
2020 $111,569 $8,603,466 $4,203,661 $4,399,805
2019 $109,684 $8,434,772 $4,121,237 $4,313,535
2018 $107,582 $8,269,385 $4,040,430 $4,228,955
2017 $107,632 $8,107,241 $3,961,206 $4,146,035
2016 $103,122 $7,948,277 $3,883,536 $4,064,741
2015 $98,955 $7,828,888 $3,825,202 $4,003,686
2014 $40,470 $3,156,000 $1,900,000 $1,256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219043478

California Desert Association of REALTORS®

APN: 779-440-017