NOT LISTED FOR SALE

54066 Avenida Velasco Unit B La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $534,000 - $537,000

1 Bed
1 Bath
800 Sq Ft
$669/Sq Ft Est. Value

Highlights

  • Main Floor Bedroom
  • Hiking Trails
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Circular Driveway
  • Laundry Room

About This Home

As of December 2023

Nestled in the peaceful enclave of La Quinta, CA, is a cozy 1-bedroom, 1-bathroom casita that promises the comforts of home amidst the beauty of the Californian desert. This hidden gem is a part of a duplex arrangement, positioned discreetly at the rear of the main residence, ensuring privacy for its residents.
Location:
Strategically located mere moments from the renowned Cove To Lake Trailhead, outdoor enthusiasts will revel in the hiking and nature opportunities right on their doorstep. This casita is nestled in a quiet and impeccably maintained neighborhood, epitomizing the tranquility that La Quinta is celebrated for.
Features:
Private Backyard: Embrace the freedom of your own personal oasis, an ideal spot for morning coffees, evening relaxation, or simply soaking up the Californian sun.
Laundry Convenience: Benefit from the on-site washer and dryer facilities. As an added advantage, water and electricity costs associated with the laundry are fully covered in the monthly rent.
Ideal For:
With its intimate setting, this casita is perfectly suited for singles or couples seeking a blend of comfort, convenience, and outdoor adventure. Whether you're a professional, retiree, or just someone looking to immerse yourself in the charm of La Quinta, this casita is your perfect haven.
Dive into a lifestyle of peace, nature, and modern conveniences. Schedule a viewing today and experience firsthand what this La Quinta casita has to offer.

Last Agent to Rent the Property

Karo Karapetyan

Blackstone Estates, Inc. License #01716318 Listed on: 08/19/2023

Last Renter's Agent

Karo Karapetyan

Blackstone Estates, Inc. License #01716318 Listed on: 08/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1974

Lot Details

  • 4,792 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Circular Driveway

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,750
  • 12-Month Minimum Lease Term
  • Available 9/5/23
  • Legal Lot and Block 5 / 281
  • Tax Tract Number 451
  • Assessor Parcel Number 774215005

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • La Quinta Cove* Subdivision
  • Mountainous Community

Recreation

  • Hiking Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $150
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,428

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Available Date: 2023-09-05
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Pets: 150
  • Deposit Security: 1750
  • Furnished: Partially
  • Pets Allowed: Call, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Subdivision Name Other: La Quinta Cove*
  • View: No
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 774215005
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 800.00 Square Feet
  • Stories: 1
  • Entry Location: Back of main house
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.12
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Sidewalks, Suburban

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Level with Street
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 6 Months, Month To Month, Negotiable, Short Term Lease
  • Lot Size Area: 4792.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 281
  • Tax Census Tract: 451.09
  • Tax Lot: 5
  • Tax Tract Number: 451.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Rand Sylvia O
Bought by
Phantom Investments Llc
Current Estimated Value
$535,500

Purchase Details

Closed on
May 11, 2022
Sold by
Gold Mitchell
Bought by
Rand Sylvia O

Purchase Details

Closed on
Feb 2, 2012
Sold by
Wells Fargo Bank Na
Bought by
Rand Sylvia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2011
Sold by
Myerson Zoe B and Donnelly Richard
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 13, 2006
Sold by
Donnelly Richard
Bought by
Myerson Zoe B

Purchase Details

Closed on
Sep 25, 2002
Sold by
Morris Daniel D
Bought by
Donnelly Richard and Myerson Zoe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 1996
Sold by
Willson Morris Martha
Bought by
Morris Daniel D

Purchase Details

Closed on
Feb 1, 1995
Sold by
Morris Roy D and Morris Eloise A
Bought by
Morris Daniel D and Morris Martha Willson

Purchase Details

Closed on
Jun 7, 1994
Sold by
Eschardies Robert V
Bought by
Morris Roy D and Morris Eloise A
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
Phantom Investments Llc $490,000 None Listed On Document
Rand Sylvia O -- None Listed On Document
Rand Sylvia O $114,000 Landsafe Title
Wells Fargo Bank Na $94,500 Landsafe Title
Myerson Zoe B -- None Available
Donnelly Richard $125,000 Multiple
Morris Daniel D -- --
Morris Daniel D -- Stewart Title Co
Morris Roy D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rand Sylvia O $50,000
Previous Owner Donnelly Richard $106,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Rented $1,695 +2.7% --
09/08/2023 09/08/23 Price Changed $1,650 -2.4% $2 / Sq Ft
08/29/2023 08/29/23 Price Changed $1,690 -0.3% $2 / Sq Ft
08/23/2023 08/23/23 Price Changed $1,695 -3.1% $2 / Sq Ft
08/19/2023 08/19/23 For Rent $1,750 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,428 $519,989 $76,272 $443,717
2023 $7,428 $499,799 $73,311 $426,488
2022 $2,596 $134,330 $26,864 $107,466
2021 $2,499 $131,697 $26,338 $105,359
2020 $2,456 $130,347 $26,068 $104,279
2019 $2,398 $127,792 $25,557 $102,235
2018 $2,241 $125,287 $25,056 $100,231
2017 $2,210 $122,831 $24,565 $98,266
2016 $2,174 $120,424 $24,084 $96,340
2015 $2,023 $118,617 $23,723 $94,894
2014 $1,995 $116,295 $23,259 $93,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23155600

California Regional Multiple Listing Service (CRMLS)

APN: 774-215-005