NOT LISTED FOR SALE

54718 Inverness Way La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $865,000 - $1,067,000

3 Beds
3.5 Baths
2,846 Sq Ft
$730/mo HOA Fee

Last Sold December 24, 2020

Last sale price $585,000 $206 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,493/month

69 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Panoramic View
  • On Golf Course
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of December 2020

Location..location..location. Beautiful views from the entire backyard of this Legends 30 Model, looking out to the Lake and beautiful South & West Mountains surrounding Hole 5 of the legendary Stadium Golf Course, home course to the American Express Golf Tournament (formerly Bob Hope Classic). Home was remodeled in 2010 with new kitchen appliances primarily Thermador, double ovens and 6 burner electric cooktop. Features include beautiful Mohawk Hardwood Flooring throughout entire home, upgraded Granite counters throughout, beautiful floor to ceiling rock & mirrored glass fireplace in Living Room joined by a step down Full Bar looking out to the spectacular views. 3rd bedroom was converted to a Media Room with two remote skylights, equipped with theater chairs, upgraded 8 speaker audio system. Additional builtin speakers are in other rooms including the backyard. There are too many upgraded features to this home to list. Driveway, walking paths & all backyard decking has designed concrete resurfacing to give it a natural stone appearance. Home is conveniently located across from the Community Pool almost like having your own private pool. HOAs include maintenance on building and grounds, all landscaping in front, back and courtyards, irrigation water and equipment, exterior paint, roof, earthquake insurance, cable, internet, trash and 24 hour guarded gate security. Offered furnished per inventory. Please send PEAD to patty@sandiphillips.com.

Last Agent to Sell the Property

Sandi Phillips and Associates

Compass License #01193483 Listed on: 10/06/2020

Compass

Last Buyer's Agent

Karl Detlefsen

Coldwell Banker Residential Brokerage License #01905704

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • On Golf Course
  • Southwest Facing Home
  • Stucco Fence
  • Landscaped
  • Sprinkler System
  • Back Yard

HOA Fees

  • $730 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,846 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Stained Glass
  • Greenhouse Windows
  • Garden Windows
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Wood Flooring
  • Security System Owned
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Room
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Granite Shower

Laundry

  • Laundry Room
  • Washer

Parking

  • 3 Parking Garage Spaces
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Golf Cart Garage

Accessible Home Design

  • Grab Bar In Bathroom
  • Grab Bars
  • Wheelchair Access

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Built-In Barbecue
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 775091091

Community Details

Overview

  • Association fees include building & grounds, trash, sewer, security, earthquake insurance, cable TV
  • Built by Sunrise
  • Pga Stadium Subdivision, Legends 30 Floorplan
  • On-Site Maintenance
  • Community Lake
  • Greenbelt
  • Planned Unit Development

Recreation

  • Golf Course Community

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,594

Year Built

Built in 1989

Lot Details

0

HOA Fees

$730 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South, Leisure Faces West
  • Levels: Ground Level, No Unit Above, One
  • Builder Model Name: Legends 30
  • Builder Name: Sunrise
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Disability Access: Grab Bars in Bath(s), Grab Bars, Wheelchair Access
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: Furnished per Written Inventory. Refrigerator in garage.
  • List Price per Sq Ft: 198.52
  • Lp Sp Ratio: 1.0400
  • View Type: Golf Course, Water, Panoramic, Mountain(s), Lake
  • Year Built: 1989
  • Listing I D: 219052418
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Land Type: Fee
  • Subdivision: PGA Stadium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave Oven, Self Cleaning Oven, Electric Oven, Electric Cooktop, Water Line to Refrigerator, Washer, Refrigerator, Ice Maker, Gas Dryer Hookup, Disposal, Freezer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Surround Sound Wired, Recessed Lighting, High Ceilings (9 Ft+), Cathedral Ceiling(s), Bar
  • Range Hood: Yes
  • Fireplace Features: Gas & Wood
  • Flooring: Hardwood, Wood
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Granite Shower, Remodeled, Linen Closet
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Formal Dining Room
  • Kitchen Features: Granite Counters, Skylight(s), Remodeled, Pantry, Island, Greenhouse Window
  • Laundry: Individual Room
  • Estimated Sq Ft: 2846.00
  • Windows Treatments: Double Pane Windows, Blinds, Stained Glass, Screens, Skylight(s), Mini Blinds, Garden Window(s)

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Planned Unit Development: Yes
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener, Guest, On Street
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Electric, Central Air
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Security System Owned, Prewired For Alarm, Gated Community, Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Sewer, Security, Earthquake Insurance, Cable TV
  • Association Amenities: Greenbelt/Park, Maintenance Grounds, Lake or Pond
  • HOA Information: Yes
  • HOA Fee 1: 730.00
  • Total Monthly Association Fees: 730.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 775091091
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Utilities Underground, Street Lighting, Landscaped
  • Lot Location: Lake Front, On Golf Course
  • Lot Size: 3920.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 1, 2020
Sold by
Preston Tom W and Tom W Preston Trust
Bought by
Lassetter William W and Wilkes Kimber L
Seller's Agent
Sandi Phillips and Associates
Compass
Buyer's Agent
Karl Detlefsen
Coldwell Banker Residential Brokerage
List Price
$565,000
Sold Price
$585,000
Premium/Discount to List
$20,000
3.54%
Current Estimated Value
$962,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,196
Avg. Annual Appreciation
10.83%
Original Mortgage
$438,750
Outstanding Balance
$391,315
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$570,881

Purchase Details

Closed on
May 3, 2017
Sold by
Preston Tom
Bought by
Preston Tom W

Purchase Details

Closed on
Jul 7, 2015
Sold by
Preston Tom
Bought by
Preston Tom
Source: Public Records

Range of Values:

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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
Lassetter William W $585,000 Wfg National Title Company
Preston Tom W -- None Available
Preston Tom -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lassetter William W $438,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $585,000 +3.5% $206 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $565,000 -- $199 / 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 $8,594 $633,220 $85,240 $547,980
2023 $8,594 $608,633 $81,931 $526,702
2022 $8,262 $596,700 $80,325 $516,375
2021 $8,088 $585,000 $78,750 $506,250
2020 $8,001 $579,136 $132,970 $446,166
2019 $7,864 $567,781 $130,363 $437,418
2018 $7,706 $556,649 $127,807 $428,842
2017 $7,728 $545,735 $125,301 $420,434
2016 $7,441 $535,036 $122,845 $412,191
2015 $7,162 $527,000 $121,000 $406,000
2014 $7,172 $527,000 $121,000 $406,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Buyer's Agent in 2020

    Karl Detlefsen

    Coldwell Banker Residential Brokerage

  • K

    Buyer's Agent in 2020

    Karl W Detlefsen

    eXp Realty of California, Inc.

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219052418

California Desert Association of REALTORS®

APN: 775-091-091

California Riverside County La Quinta 92253 PGA West

54718 Inverness Way, La Quinta, CA

This home is located at 54718 Inverness Way, La Quinta, CA 92253 since 06 October 2020 and is currently estimated at $962,196, approximately $338 per square foot. This property was built in 1989. 54718 Inverness Way is a home located in Riverside County with nearby schools including Westside Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley 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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