NOT LISTED FOR SALE

53885 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $402,000 - $491,000

3 Beds
2 Baths
1,282 Sq Ft
$340/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $210,000 $164 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,723/month

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Wood Fence
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of October 2018

Welcome to this charming 3 Bedroom, 2 Bath with an open living feel. Plenty of space to design the perfect home for all your entertainment. The living room flows into the kitchen and dining room which is rare to have this combination in La Quinta Cove. Backyard patio views of the San Jacinto Mountains is the perfect way to enjoy the California lifestyle. Come see today!

Last Agent to Rent the Property

Pamela Wasserman

Windermere Homes & Estates License #01869955 Listed on: 10/08/2018

Co-Listed By

Mark Wasserman

Windermere Homes & Estates License #01895485

Last Renter's Agent

Heather Partida

Berkshire Hathaway HomeServices California Properties License #02012304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1977

Lot Details

  • 4,792 Sq Ft Lot
  • Wood Fence

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Security Deposit $1,595
  • 1-Month Minimum Lease Term
  • Long Term Lease
  • Assessor Parcel Number 774164021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,386

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Lease Length: 1
  • Furnished: Unfurnished
  • Lease Term Timespan: Long Term
  • Next Available Date: 10/11/2018
  • Pet Fee Deposit: 250.00
  • Security Deposit: 1595.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: La Quinta Cove
  • List Price per Sq Ft: 1.24
  • Lp Sp Ratio: 1.0000
  • Year Built: 1977
  • Pets Allowed: Call
  • Co Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Internal Listing I D: 20190608182626160835000000
  • Listing I D: 218028306
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Gas Range
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1282.00

Exterior Features

  • Fencing: Wood

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, On Street
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 774164021
  • Lot Acres: 0.1100
  • Lot Size: 4792.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Dhandho Resid Rental Fund Lp
Bought by
Cbpic Ca Owner I Llc
Current Estimated Value
$435,813

Purchase Details

Closed on
Jun 22, 2021
Sold by
Dhando Residential Rental Fund Lp
Bought by
Dhando Residential Rental Fund Lp

Purchase Details

Closed on
Sep 8, 2017
Sold by
Dhandho Residential Rental Fund Lp
Bought by
Dhandho Residential Rental Fund Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,450
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 13, 2016
Closed on
Aug 16, 2016
Sold by
Nivinskus Frances
Bought by
Dhando Residental Rental Fund Lp
Seller's Agent
Michael Alejo
Keller Williams Realty
Buyer's Agent
Pamela Wasserman
eXp Realty of California, Inc.
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jan 30, 2008
Sold by
Nivinskus Frances
Bought by
Nivinskus Frances

Purchase Details

Closed on
Mar 29, 2006
Sold by
Nivinskus Frances
Bought by
Nivinskus Frances

Purchase Details

Closed on
Jan 28, 2005
Sold by
Chapman Janette F
Bought by
Aviles Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2000
Sold by
Hernandez Eli M and Hernandez Kathleen M
Bought by
Nivinskus Michael and Nivinskus Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
8.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1999
Sold by
Hernandez Eli M
Bought by
Hernandez Eli M and Hernandez Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1999
Sold by
Hernandez Kathleen
Bought by
Hernandez Eli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.92%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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Average Value
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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
Cbpic Ca Owner I Llc $13,819,500 None Listed On Document
Dhando Residential Rental Fund Lp -- Chicago Title Company
Dhandho Residential Rental Fund Lp -- Pacific Coast Title Company
Dhando Residental Rental Fund Lp $210,000 Lawyers Title
Nivinskus Frances -- None Available
Nivinskus Frances -- None Available
Aviles Mark $320,000 First American Title Company
Nivinskus Michael $103,500 First American Title Co
Hernandez Eli M -- Stewart Title Company
Hernandez Eli M $70,000 Stewart Title Company
Hernandez Eli -- Stewart Title Company
Hernandez Eli $70,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dnandho Residential Rental Fund Lp $435,375
Previous Owner Dhandho Residential Rental Fund Lp $220,000
Previous Owner Dhandho Residential Rental Fund Lp $879,450
Previous Owner Dhandho Residential Rental Fund Lp $879,450
Previous Owner Dhandho Residential Rental Fund Lp $154,000
Previous Owner Frances Nivinskus Family Trust $170,500
Previous Owner Nivinskus Frances $169,000
Previous Owner Nivinskus Frances $100,000
Previous Owner Aviles Mark $288,000
Previous Owner Nivinskus Michael $82,800
Previous Owner Hernandez Eli M $74,500
Previous Owner Hernandez Eli $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Rented $1,649 0.0% --
05/29/2020 05/29/20 Under Contract -- -- --
05/14/2020 05/14/20 For Rent $1,649 +3.4% --
10/15/2018 10/15/18 Rented $1,595 0.0% --
10/12/2018 10/12/18 Under Contract -- -- --
10/08/2018 10/08/18 For Rent $1,595 +10.0% --
11/15/2016 11/15/16 Rented $1,450 0.0% --
10/16/2016 10/16/16 Under Contract -- -- --
09/26/2016 09/26/16 For Rent $1,450 0.0% --
09/15/2016 09/15/16 Sold $210,000 0.0% $164 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $210,000 -- $164 / 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 $4,386 $302,443 $79,590 $222,853
2023 $4,386 $290,700 $76,500 $214,200
2022 $4,104 $285,000 $75,000 $210,000
2021 $3,040 $225,159 $45,030 $180,129
2020 $2,982 $222,851 $44,569 $178,282
2019 $2,917 $218,483 $43,696 $174,787
2018 $2,846 $214,200 $42,840 $171,360
2017 $2,779 $210,000 $42,000 $168,000
2016 $1,785 $129,815 $32,448 $97,367
2015 $1,789 $127,866 $31,961 $95,905
2014 $1,759 $125,363 $31,336 $94,027
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Co-Listing Agent in 2020

    Mark Wasserman

    Equity Union

    (760) 397-3270

    8 in this area

    102 Total Sales

    Mark Wasserman
    Section Image

  • P

    Landlord's Agent in 2018

    Pamela Wasserman

    Windermere Homes & Estates

  • H

    Tenant's Agent in 2018

    Heather Partida

    Berkshire Hathaway HomeServices California Properties

  • M

    Seller's Agent in 2016

    Michael Alejo

    Keller Williams Realty

  • J

    Seller Co-Listing Agent in 2016

    Joey Arsanto

    Keller Williams Realty

  • Y

    Buyer's Agent in 2016

    Yesenia Becerril

    Keller Williams Realty

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218028306

California Desert Association of REALTORS®

APN: 774-164-021

California Riverside County La Quinta 92253 La Quinta Cove

53885 Avenida Velasco, La Quinta, CA

This home is located at 53885 Avenida Velasco, La Quinta, CA 92253 since 08 October 2018 and is currently priced at $435,813. This property was built in 1977. 53885 Avenida Velasco is a home located in Riverside County with nearby schools including Harry S. Truman Elementary School, La Quinta Middle School, and La Quinta High School.

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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