NOT LISTED FOR SALE

Estimated Value: $4,820,000 - $10,928,731

0.88 Acre
$9,656,338 Price per Acre
38,333 Sq Ft Lot

Last Sold January 06, 2014

Last sale price $1,200,000

Est. 608% increase in value since last sale

Current estimated payment $51,660/month

56 Days on Market

Highlights

  • On Golf Course
  • Panoramic View
  • Level Lot
  • Gated with Attendant
  • 0.88 Acre Lot

About This Lot

As of January 2014

The Madison Club! 500 beautifully landscaped acres reflect The Madison Club's parkland setting, offering stunning views of the desert mountains and premier Fazio golf course.

Last Agent to Sell the Property

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 11/01/2013

Last Buyer's Agent

Nick Blodgett

Dibble Real Estate License #01375692 Listed on: 11/01/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $83,541

Lot Details

  • 0.88 Acre Lot
  • On Golf Course
  • Level Lot

Property Views

  • Lake
  • Panoramic
  • Mountain

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 767700018

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$83,541

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Lp Sp Ratio: 0.8000
  • View Type: Lake, Panoramic, Mountain(s)
  • Water District Name: Coachella Valley
  • Internal Listing I D: 20190608124238076447000000
  • Listing I D: 213002724
  • 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
  • Water: In Street

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1211.00

Lot Info

  • Assessor Parcel Number: 767700018
  • Lot Acres: 0.8800
  • Lot Location: On Golf Course
  • Lot Size: 38333.00
  • Land Info Topography: Flat
  • List Price per Acre: 1704545.45
  • Lot Features: Gated with Guard

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Dec 5, 2013
Sold by
Tweten Leonard
Bought by
Meldman Family Limited Partnership and Jla Family Limited Partnership
Seller's Agent
Nick Blodgett
Dibble Real Estate
Buyer's Agent
Nick Blodgett
Dibble Real Estate
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Current Estimated Value
$8,497,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,297,577
Avg. Annual Appreciation
18.03%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Tweten Leonard
Bought by
Tweten Leonard and Tweten Nonexempt Marital Trust

Purchase Details

Closed on
Dec 17, 2009
Sold by
East Of Madison Llc
Bought by
Tweten Leonard and Let Revocable Trust
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
Meldman Family Limited Partnership $1,200,000 Ticor Title Company Of Ca
Tweten Leonard -- None Available
Tweten Leonard $2,500,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $1,200,000 -20.0% --
12/27/2013 12/27/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $1,500,000 -- --
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 $83,541 $6,660,028 $1,471,029 $5,188,999
2023 $82,674 $6,401,412 $1,413,908 $4,987,504
2022 $81,367 $6,275,895 $1,386,185 $4,889,710
2021 $79,793 $6,152,839 $1,359,005 $4,793,834
2020 $78,901 $6,089,751 $1,345,071 $4,744,680
2019 $72,831 $5,602,698 $1,318,698 $4,284,000
2018 $71,423 $5,492,842 $1,292,842 $4,200,000
2017 $32,790 $2,467,493 $1,267,493 $1,200,000
2016 $16,038 $1,242,641 $1,242,641 $0
2015 $15,390 $1,223,976 $1,223,976 $0
2014 $19,139 $1,500,000 $1,500,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213002724

California Desert Association of REALTORS®

APN: 779-440-018