NOT LISTED FOR SALE

53639 Fremont Way La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $4,888,000 - $10,218,606

0.65 Acre
$12,856,722 Price per Acre
28,314 Sq Ft Lot

Last Sold June 08, 2020

Last sale price $1,895,000

Est. 341% increase in value since last sale

Current estimated payment $56,494/month

616 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • Paved or Partially Paved Lot
  • Panoramic View
  • 0.65 Acre Lot

About This Lot

As of June 2020

This custom home site at the prestigious Madison Club offers stunning views of the desert mountains and the 12th Fairway of the premier Tom Fazio golf course.

Last Agent to Sell the Property

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/01/2018

Last Buyer's Agent

Glenn Cassell

Madison Club Properties License #01953599 Listed on: 10/01/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $150,426

Lot Details

  • 0.65 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Paved or Partially Paved Lot
  • Level Lot

Property Views

  • Panoramic
  • Mountain

Utilities

  • Property is located within a water district
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 767710009

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

$150,426

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Madison
  • Lp Sp Ratio: 0.8900
  • View Type: Mountain(s), Panoramic
  • Water District Name: CVWD
  • Internal Listing I D: 20191002160302420677000000
  • Listing I D: 219031136
  • 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
  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: Unknown
  • Water: Water District
  • Utilities: In Street

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 1597.00

Lot Info

  • Present Use: Residential
  • Tract Name: The Madison Club
  • Assessor Parcel Number: 767710009
  • Lot Acres: 0.6500
  • Lot Location: On Golf Course
  • Lot Size: 28314.00
  • List Price per Acre: 3269230.77
  • Lot Features: Level, Single Lot, 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 1, 2018
Closed on
May 15, 2020
Sold by
The Michalski Group Llc
Bought by
Satin Gary and The Knickerbocker Avenue Trust
Seller's Agent
Glenn Cassell
Madison Club Properties
Buyer's Agent
Glenn Cassell
Madison Club Properties
List Price
$1,895,000
Sold Price
$1,895,000
Current Estimated Value
$8,356,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,461,869
Avg. Annual Appreciation
31.69%
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
Satin Gary $1,895,000 Fidelity National Ttl Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $1,895,000 -10.8% --
06/08/2020 06/08/20 Pending -- -- --
05/07/2020 05/07/20 Price Changed $2,125,000 +12.1% --
10/01/2018 10/01/18 For Sale $1,895,000 -- --
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 $150,426 $12,056,967 $2,072,457 $9,984,510
2023 $103,565 $8,039,982 $1,991,982 $6,048,000
2022 $36,526 $2,815,424 $1,952,924 $862,500
2021 $24,639 $2,209,396 $2,209,396 $0
2020 $18,583 $1,442,000 $1,442,000 $0
2019 $0 $2,143,865 $2,143,865 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Glenn Cassell

    Madison Club Properties

    (760) 777-9320

    41 in this area

    42 Total Sales

    Glenn Cassell
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219031136

California Desert Association of REALTORS®

APN: 779-510-005

California Riverside County La Quinta 92253 PGA West

53639 Fremont Way, La Quinta, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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