NOT LISTED FOR SALE

55075 Monroe St La Quinta, CA 92253

PGA West Neighborhood

Estimated Value: $2,542,000 - $3,219,000

6 Beds
6 Baths
4,100 Sq Ft
$673/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $3,000,000 $732 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $16,903/month

43 Days on Market

Highlights

  • Riding Ring
  • 4.19 Acre Lot
  • 1 Fireplace
  • In Ground Pool
  • Mountain View
  • 12 Car Attached Garage

About This Home

As of December 2017

Top income producing ultra luxury vacation rental in La Quinta, California, one of the hottest short term rental markets in the United States. Incredible ranch estate of 4,100 sf 4 bed/4 bath home and 6,000 sf, 2 bed/2.5 bath barn with full kitchen (sleeps 8+) on 4.19 acres. Attached game room and rooftop deck, pool house with outdoor kitchen, fireplace and fire pit. 12-car garage & RV parking. Eight pastures, arena with judge's stand and private bride path. Adjacent to PGA West's Greg Norman Course & Griffin Ranch. In the immediate vicinity of many high-end country clubs, such as The Hideaway, Madison Club & The Palms. Adjacent 4.36 acre parcel with approved tentative map for 10 lots also available.

Last Agent to Sell the Property

Susan Harvey

Desert Pacific Properties License #00957590 Listed on: 07/31/2017

Last Buyer's Agent

Susan Harvey

Desert Pacific Properties License #00957590

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 4.19

Parking

  • 12 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • 4.19 Acre Lot
  • Riding Ring
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 767580048

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: NA313
  • Building Number Of Stories: 1
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2006
  • Co Selling Office Address: 4631 E ASHFORD AVE, Orange, CA 92867
  • Listing I D: 217019680
  • Listing Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Listing Office Fax: (760) 360-7580
  • Selling Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Selling Office Fax: (760) 360-7580
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6

Exterior Features

  • Other Features: Riding/Stables
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Sewer: In Street on Bond

Lot Info

  • Assessor Parcel Number: 767580048
  • Lot Acres: 4.1900
  • Lot Size: 182516.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Morrow Ranch La Quinta Llc
Bought by
Morrow James Scott and Morrow Danielle D
Current Estimated Value
$2,759,665

Purchase Details

Closed on
Jun 12, 2018
Sold by
Morrow James Scott and Morrow Danielle D
Bought by
Morrow Ranch La Quinta Llc

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 17, 2017
Sold by
Dill Brent and Dill Eleen
Bought by
Morrow James Scott and Morrow Danielle D
Seller's Agent
Susan Harvey
Desert Pacific Properties
Buyer's Agent
Susan Harvey
Desert Pacific Properties
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$1,500,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2015
Sold by
Ziegler Paula L
Bought by
Dill Brent and Dill Eileen

Purchase Details

Closed on
Apr 8, 2015
Sold by
Ladeda Mark A
Bought by
Ladeda Mark A

Purchase Details

Closed on
Feb 24, 2015
Sold by
Ladeda Mark A and Ziegler Paula L
Bought by
Ladeda Mark A

Purchase Details

Closed on
Apr 23, 2013
Sold by
Tally Ranch Inc
Bought by
Ladeda Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
M & P Ventures
Bought by
Tally Ranch Inc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Coastal Building Inc
Bought by
Desert Community Developers Inc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Desert Community Developers Inc
Bought by
Coastal Building Inc

Purchase Details

Closed on
Oct 24, 2003
Sold by
Wollan Barbara J
Bought by
Desert Community Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.98%
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
Morrow James Scott -- None Available
Morrow Ranch La Quinta Llc -- None Available
Morrow James Scott $3,000,000 First American Title Company
Dill Brent $2,400,000 First American Title Company
Ladeda Mark A -- None Available
Ladeda Mark A -- First American Title Company
Ladeda Mark A -- Usa National Title Co
Tally Ranch Inc -- Accommodation
M & P Ventures -- Accommodation
Desert Community Developers Inc -- Stewart Title Of Ca Inc
Coastal Building Inc -- Stewart Title Of Ca Inc
Desert Community Developers Inc -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrow James Scott $1,500,000
Previous Owner Ladeda Mark A $1,430,000
Previous Owner Desert Community Developers Inc $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $3,000,000 0.0% $732 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $3,000,000 -- $732 / Sq Ft
Source: California Desert Association of REALTORS®

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 $27,083 $2,121,670 $1,093,645 $1,028,025
2023 $27,083 $2,039,284 $1,051,178 $988,106
2022 $26,265 $1,999,299 $1,030,567 $968,732
2021 $39,481 $3,031,079 $757,772 $2,273,307
2020 $39,036 $3,000,000 $750,002 $2,249,998
2019 $41,697 $3,200,000 $1,000,000 $2,200,000
2018 $39,105 $3,000,000 $1,000,000 $2,000,000
2017 $23,812 $1,785,605 $959,009 $826,596
2016 $22,638 $1,750,594 $940,205 $810,389
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Susan Harvey

    Desert Pacific Properties

  • U

    Buyer Co-Listing Agent in 2017

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 217019680

California Desert Association of REALTORS®

APN: 780-170-002

California Riverside County La Quinta 92253 PGA West

55075 Monroe St, La Quinta, CA

Not Listed for Sale

Detached

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