NOT LISTED FOR SALE

Estimated Value: $4,339,000 - $14,028,972

5 Beds
7 Baths
9,956 Sq Ft
$938/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $10,100,000 $1,014 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $58,685/month

26 Days on Market

Highlights

  • Attached Guest House
  • Second Kitchen
  • Gourmet Kitchen
  • Golf Course Community
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of March 2019

This exquisite, newly-constructed home, located behind the gates of the prestigious Madison Club, is the epitome of Desert Living! Enjoy sunset views of the water and 15th fairway framed by the majestic Santa Rosa Mountains. The home features 5 bedrooms, 5 full and 2 half baths, an office, family lounge, wet bar with custom billiard table, gourmet kitchen and butler's kitchen, each appointed with top-of-the-line appliances. Automated floor to ceiling glass pocket doors allow for seamless indoor / outdoor living. The incredible West facing rear yard offers custom infinity pool with tanning deck, a swim-up bar and barbeque for endless entertaining with family and friends. Designer furnished per Seller's inventory.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 01/23/2019

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 01/23/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,150

Year Built

  • Built in 2018

Lot Details

  • 0.81 Acre Lot
  • Home has sun exposure from multiple directions
  • Block Wall Fence
  • Stucco Fence
  • Rectangular Lot
  • 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
  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 9,956 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Smart Home

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Butlers Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Direct Access Garage
  • Driveway
  • On-Street Parking

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Attached Guest House
  • Fireplace in Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 767700020

Community Details

Overview

  • Association fees include security
  • The Madison Subdivision
  • 7-Story Property

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,150

Year Built

Built in 2018

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, Front Door Faces North, Leisure Faces South, Leisure Faces West
  • Levels: One
  • Builders Tract Code: The Madison
  • Building Number Of Stories: 7
  • Building Style: Contemporary
  • Included In Sale: Furnishings per Seller's Written Inventory
  • List Price per Sq Ft: 1155.08
  • Lp Sp Ratio: 0.8783
  • View Type: Golf Course, Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 2018
  • Listing I D: 219002685
  • Listing Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-9321
  • Selling Office Address: 53000 Jefferson Street, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-9321
  • Land Type: Fee
  • Subdivision: The Madison
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Dryer Hookup, Gas Oven, Gas Range, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Exterior, Great Room, Master Bedroom, Master Retreat
  • Interior Amenities: Bar, Built-In Features, High Ceilings (9 Ft+), Home Automation System, Open Floorplan, Recessed Lighting, Surround Sound Wired, Wet Bar
  • Warming Oven Drawer: Yes
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Tile Shower
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Eating Areas: Dining Area, Living/Dining Combo
  • Kitchen Features: Gourmet Kitchen, Granite Slab Counters, Island, Pantry, Second Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 9956.00

Exterior Features

  • Other Features: Barbeque Private, Custom Built, Slab
  • Other Structures: Guest House Attached
  • Roofing: Flat
  • Built-in BBQ: Gas
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • 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: Direct Entrance, Driveway, On Street
  • Total Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security
  • 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, Management
  • HOA Information: Yes
  • HOA Fee 1: 1299.00
  • Total Monthly Association Fees: 1299.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 767700020
  • Irrigation: Sprinkler System
  • Lot Acres: 0.8100
  • Lot Description: Irregular Lot, Rectangular Lot, Street Paved
  • Lot Size: 35284.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 20, 2019
Sold by
Mcclure Homes 67B Llc
Bought by
Orangeblue Llc
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$11,500,000
Sold Price
$10,100,000
Premium/Discount to List
-$1,400,000
-12.17%
Current Estimated Value
$8,939,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,160,678
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Mcclure Homes Llc
Bought by
Mcclure Homes 67B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,485,000
Interest Rate
4.09%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2013
Sold by
East Of Madison Llc
Bought by
Mcclure Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.45%
Mortgage Type
Seller Take Back
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
Orangeblue Llc $9,100,000 Fntg Builder Services
Mcclure Homes 67B Llc -- Fidelity National Title Grou
Mcclure Homes Llc $1,200,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclure Homes 67B Llc $4,485,000
Previous Owner Mcclure Homes Llc $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $10,100,000 -12.2% $1,014 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $11,500,000 -- $1,155 / 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 $127,150 $10,151,217 $2,537,804 $7,613,413
2023 $127,150 $9,757,035 $2,439,259 $7,317,776
2022 $123,834 $9,565,722 $2,391,431 $7,174,291
2021 $121,489 $9,378,160 $2,344,541 $7,033,619
2020 $120,116 $9,281,999 $2,320,501 $6,961,498
2019 $84,446 $6,511,572 $1,318,698 $5,192,874
2018 $35,052 $2,692,842 $1,292,842 $1,400,000
2017 $16,738 $1,267,493 $1,267,493 $0
2016 $16,038 $1,242,641 $1,242,641 $0
2015 $15,390 $1,223,976 $1,223,976 $0
2014 $3,148 $243,254 $243,254 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219002685

California Desert Association of REALTORS®

APN: 779-440-020