NOT LISTED FOR SALE

54235 Avenida Velasco La Quinta, CA 92253

La Quinta Cove Neighborhood

Estimated Value: $484,000 - $660,386

3 Beds
2 Baths
1,440 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $714,000 $496 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,378/month

53 Days on Market

Highlights

  • In Ground Pool
  • Private Lot
  • Great Room
  • Mountain View
  • 1 Fireplace
  • Quartz Countertops

About This Home

As of July 2024

Welcome to La Quinta Cove! This open and spacious home is located about 4 blocks from the top of the cove on an oversized private lot. Whether you are looking for your new full time private oasis, part time vacation home, or income property, this home is perfect. The property has been remodeled within the last couple of years. Amenities include a barn door in the primary suite separating bath and bedroom, shaker style cabinets throughout, large stainless sink, quartz counter tops throughout, all appliances, flooring, baths, pool, landscaping, and patio. Something else this home has is not only an oversized pool in the front, but a fully landscaped back yard. it's a must see!

Last Agent to Sell the Property

Dana Tarnow

Desert Sands Realty License #01414467 Listed on: 05/10/2024

Last Buyer's Agent

Susan Thomas

Compass License #01362598

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,558

Year Built

  • Built in 1986

Lot Details

  • 5,227 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Private Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Turnkey

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Area
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Community Details

  • La Quinta Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 774214023

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,558

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Included In Sale: Turnkey furnished
  • List Price per Sq Ft: 499.31
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Water District Name: CV Water
  • Year Built: 1986
  • Listing I D: 219111319
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: La Quinta Cove
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 2.00
  • Total Bathrooms: 4.00
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Quartz Counters
  • Estimated Sq Ft: 1440.00

Exterior Features

  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 774214023
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Fenced, Private
  • Lot Size: 5227.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 10, 2024
Sold by
Spriggel Daniel and Spriggel Theresa
Bought by
Gregory Revocable Trust and Gregory
Seller's Agent
Dana Tarnow
Desert Sands Realty
Buyer's Agent
Susan Thomas
Compass
List Price
$719,000
Sold Price
$714,000
Premium/Discount to List
-$5,000
-0.7%
Views
10
Current Estimated Value
$556,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,153
Avg. Annual Appreciation
-17.28%

Purchase Details

Listed on
Nov 27, 2021
Closed on
Dec 8, 2021
Sold by
Richmond Alan B and Richmond Jean B
Bought by
Spriggel Daniel and Spriggel Theresa
Seller's Agent
Bruce Cathcart
La Quinta Palms Real Estate Co
Buyer's Agent
Keith Mcdonough
Equity Union
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.26%

Purchase Details

Closed on
Sep 27, 2004
Sold by
Richmond Alan B and Richmond Jean B
Bought by
Richmond Alan B and Richmond Jean B

Purchase Details

Closed on
Jul 1, 1994
Sold by
Richmond Alan
Bought by
Richmond Alan

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
7.5%
Mortgage Type
Purchase Money Mortgage
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
Gregory Revocable Trust $714,000 Lawyers Title
Spriggel Daniel $350,000 Lawyers Title Chicago Ie
Richmond Alan B -- --
Richmond Alan -- World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richmond Alan $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2024 07/02/24 Sold $714,000 -0.7% $496 / Sq Ft
05/10/2024 05/10/24 For Sale $719,000 +105.4% $499 / Sq Ft
12/14/2021 12/14/21 Sold $350,000 +7.7% $243 / Sq Ft View Prior Sale
11/29/2021 11/29/21 For Sale $325,000 -7.1% $226 / Sq Ft
11/29/2021 11/29/21 Off Market $350,000 -- --
11/27/2021 11/27/21 For Sale $325,000 -- $226 / 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 $5,558 $166,843 $46,734 $120,109
2023 $5,558 $384,540 $81,600 $302,940
2022 $4,900 $350,000 $80,000 $270,000
2021 $1,578 $105,778 $13,103 $92,675
2020 $1,549 $104,694 $12,969 $91,725
2019 $1,511 $102,642 $12,715 $89,927
2018 $1,468 $100,630 $12,467 $88,163
2017 $1,429 $98,658 $12,223 $86,435
2016 $1,386 $96,725 $11,984 $84,741
2015 $1,388 $95,274 $11,805 $83,469
2014 $1,365 $93,410 $11,575 $81,835
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dana Tarnow

    Desert Sands Realty

    Section Image
  • Susan Thomas

    Buyer's Agent in 2024

    Susan Thomas

    Compass

    2 in this area

    21 Total Sales

    Susan Thomas
    Section Image

  • B

    Seller's Agent in 2021

    Bruce Cathcart

    La Quinta Palms Real Estate Co

    (760) 200-3383

    23 in this area

    39 Total Sales

    Bruce Cathcart
    Section Image

  • K

    Buyer's Agent in 2021

    Keith Mcdonough

    Equity Union

    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219111319

California Desert Association of REALTORS®

APN: 774-214-023

California Riverside County La Quinta 92253 La Quinta Cove

54235 Avenida Velasco, La Quinta, CA

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