NOT LISTED FOR SALE

53708 Via Strada Unit 261 La Quinta, CA 92253

Hideaway Neighborhood

Estimated Value: $7,025,000 - $7,905,000

0.4 Acre
$18,495,678 Price per Acre
17,424 Sq Ft Lot

Last Sold April 13, 2021

Last sale price $650,000 $156 Per Sq Ft

Est. 1,038% increase in value since last sale

Current estimated payment $41,046/month

237 Days on Market

Highlights

  • On Golf Course
  • Panoramic View
  • Rectangular Lot
  • Gated with Attendant

About This Lot

As of April 2021

Near the end of the cul-de-sac, this large lot has the advantages of being surrounded with some of the newest and most prominent homes recently built within this development. A quiet and serene interior location, this home site enjoys the wide open views of double fairway wide vistas.

Last Agent to Sell the Property

Greg Cosgrove

Bennion Deville Homes License #01443666 Listed on: 07/23/2020

Bennion Deville Homes

Co-Listed By

Diane Lohman

Bennion Deville Homes License #01844675

Last Buyer's Agent

Valery Neuman

Compass License #01138184

Compass

Property Details

Property Type

  • Land

Lot Details

  • 0.4 Acre Lot
  • On Golf Course
  • Rectangular Lot

Property Views

  • Panoramic Views

Utilities

  • Property is located within a water district
  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 777200013

Community Details

Overview

  • Property has a Home Owners Association
  • The Hideaway Subdivision

Security

  • Gated with Attendant

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: The Hideaway
  • Lp Sp Ratio: 1.0000
  • View Type: Panoramic
  • Water District Name: Coachella Valley Water Districtt
  • Co Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Co Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 773-3959
  • Internal Listing I D: 20200724042211777836000000
  • Listing I D: 219046550
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Fax: (760) 541-4899
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: The Hideaway
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: In Street Paid
  • Water: In Street, Water District

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 600.00

Lot Info

  • Assessor Parcel Number: 777200013
  • Lot Acres: 0.4000
  • Lot Location: On Golf Course
  • Lot Size: 17424.00
  • List Price per Acre: 1375000.00
  • Lot Features: Gated with Guard, Rectangular Lot

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Tax Legal Lot Number: 261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Apr 8, 2021
Sold by
Balov Andrea
Bought by
Balov Peter
Seller's Agent
Greg Cosgrove
Bennion Deville Homes
Buyer's Agent
Valery Neuman
Compass
List Price
$550,000
Sold Price
$650,000
Premium/Discount to List
$100,000
18.18%
Current Estimated Value
$7,398,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,748,271
Avg. Annual Appreciation
67.23%
Original Mortgage
$700,000
Outstanding Balance
$700,000
Interest Rate
10000%
Mortgage Type
New Conventional
Estimated Equity
$6,698,271

Purchase Details

Listed on
Jul 23, 2020
Closed on
Feb 26, 2021
Sold by
Lohman Gary and Lohman Diane
Bought by
Balov Peter
Seller's Agent
Greg Cosgrove
Bennion Deville Homes
Buyer's Agent
Valery Neuman
Compass
List Price
$550,000
Sold Price
$650,000
Premium/Discount to List
$100,000
18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$700,000
Interest Rate
10000%
Mortgage Type
New Conventional
Estimated Equity
$6,698,271

Purchase Details

Closed on
Jan 20, 2003
Sold by
Nd La Quinta Partners Llc
Bought by
Lohman Gary and Lohman Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balov Peter -- Lawyers Title
Balov Peter $650,000 Lawyers Title
Balov Peter $650,000 Lawyers Title
Lohman Gary $351,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balov Peter $700,000
Previous Owner Balov Peter $700,000
Previous Owner Lohman Gary $280,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $650,000 0.0% $156 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $650,000 +18.2% $156 / Sq Ft
07/23/2020 07/23/20 For Sale $550,000 -- $132 / 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 $28,793 $5,306,330 $703,580 $4,602,750
2023 $28,793 $676,260 $676,260 --
2022 $8,566 $663,000 $663,000 $0
2021 $5,617 $432,600 $432,600 $0
2020 $5,348 $412,000 $412,000 $0
2019 $5,208 $400,000 $400,000 $0
2018 $5,211 $400,000 $400,000 $0
2017 $4,989 $375,000 $375,000 $0
2016 $4,234 $325,000 $325,000 $0
2015 $4,125 $325,000 $325,000 $0
2014 $3,870 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Cosgrove

    Seller's Agent in 2021

    Greg Cosgrove

    Bennion Deville Homes

    (760) 702-5204

    3 in this area

    35 Total Sales

    Greg Cosgrove
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    Diane Lohman

    Bennion Deville Homes

    Section Image
  • Valery Neuman

    Buyer's Agent in 2021

    Valery Neuman

    Compass

    (760) 861-1176

    83 in this area

    158 Total Sales

    Valery Neuman
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219046550

California Desert Association of REALTORS®

APN: 777-200-013

California Riverside County La Quinta 92253 Hideaway

53708 Via Strada Unit 261, La Quinta, CA

Not Listed for Sale

Lots

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