NOT LISTED FOR SALE

Estimated Value: $3,668,118 - $5,066,000

0.54 Acre
$7,727,365 Price per Acre
23,522 Sq Ft Lot

Last Sold December 07, 2022

Last sale price $3,600,000

Est. 16% increase in value since last sale

Current estimated payment $25,825/month

33 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Cul-De-Sac
  • Panoramic View
  • 23,522 Sq Ft lot
  • Partially Fenced Property

About This Lot

As of December 2022

Welcome to the Madison Club! This is one of the remaining opportunities to own a coveted west facing custom homesite at The Madison Club.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/27/2022

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46,506

Lot Details

  • 0.54 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Level Lot

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Utilities

  • Property is located within a water district
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 779440032

Community Details

Overview

  • Property has a Home Owners Association
  • The Madison Subdivision

Security

  • Gated Community

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$46,506

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.9600
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: CVWD
  • Internal Listing I D: 20221027222515025433000000
  • Listing I D: 219086937
  • Listing Member Address: 52050 Meriwether Way, La Quinta, CA 92253
  • Listing Office Address: 52050 Meriwether Way, La Quinta, CA 92253
  • List Office Board Code: California Desert Association of Realtors
  • 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
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private Road
  • Fencing: Partial
  • View: Yes

Utilities

  • Sewer: Unknown
  • Water: Water District
  • Utilities: Electricity Available, In Street, Water Available, Sewer Available, Phone Available, Natural Gas Available

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 5846.00

Lot Info

  • Assessments: Buyer to Verify
  • Present Use: Vacant
  • Assessor Parcel Number: 779440032
  • Lot Location: Cul-De-Sac, On Golf Course
  • Lot Size: 23522.00
  • Lot Features: Level, Street Paved
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 17, 2022
Sold by
Montag Janet Middleton
Bought by
Montag Thomas K
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
12
Current Estimated Value
$4,172,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,706
Avg. Annual Appreciation
5.24%

Purchase Details

Listed on
Oct 27, 2022
Closed on
Nov 10, 2022
Sold by
Discovery Pikes Peak Llc
Bought by
Montag Thomas K
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Views
12

Purchase Details

Closed on
Feb 12, 2020
Sold by
Smith Frederick D and The Frederick D Smith Trust
Bought by
Discovery Pikes Peak Llc
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
Montag Thomas K -- Fidelity National Title
Montag Thomas K $3,600,000 Fidelity National Title
Discovery Pikes Peak Llc $900,000 Fntg Builder Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2022 12/07/22 Sold $3,600,000 -4.0% --
11/29/2022 11/29/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $3,750,000 -- --
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 $46,506 $3,745,440 $3,745,440 --
2023 $46,506 $3,600,000 $3,600,000 $0
2022 $11,841 $918,000 $918,000 $0
2021 $11,629 $2,730,346 $2,730,346 $0
2020 $15,274 $1,184,500 $1,184,500 $0
2019 $34,193 $2,649,363 $2,649,363 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219086937

California Desert Association of REALTORS®

APN: 779-440-032