$365,000
SOLD JAN 17, 2014

57615 Coral Mountain Ct La Quinta, CA 92253

PGA West Neighborhood
2.16 Acres
$168,981 Price per Acre
94,090 Sq Ft Lot

Recently Sold

50% Below List Price

1,049 Days on Market

Highlights

  • Panoramic View
  • 2.16 Acre Lot
  • Paved or Partially Paved Lot

About This Lot

As of March 2023

Coral Mountain Estates - Seller is moving out of the area. Lot 2 is located in a gated community of only four estate lots, only one estate over 10,000 sq.ft. has been built to date on Lot One with full time residents. There are three lots for sale with all utilities to each lot which include, water, sewer,gas, electric & communication. Homeowner association dues with architectural guidelines for Tuscan Design style. Set back off the main entrance, open space with unlimited mountain views. The Lots are clockwise starting with the residence on Lot 1, then Lot2, Lot3 & Lot 4. The depressed retention areas separate each lot. I would suggest to park your car(s) and take a walk out onto each lot. Each lot has a different view, which you do do see from street level. Seller purchased a home and will not be building as planned.

Last Agent to Sell the Property

Roxanne Russell

HK Lane Real Estate License #01271846 Listed on: 02/04/2011

Last Buyer's Agent

Unknown Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,208

Lot Details

  • 2.16 Acre Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Cleared Lot

Property Views

  • Panoramic
  • Mountain

Utilities

  • Phone Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 762440034

Property Details

Property Type

Land

Est. Annual Taxes

$53,208

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: NA-313
  • Lp Sp Ratio: 0.9241
  • View Type: Mountain(s), Panoramic
  • Water District Name: Coachella Valley Water Distric
  • Internal Listing I D: 20190608112633836186000000
  • Listing I D: 21421601
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • List Office Board Code: California Desert Association of Realtors
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: In, Connected and Paid
  • Water: In Street

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 500.00

Lot Info

  • Assessor Parcel Number: 762440034
  • Lot Acres: 2.1600
  • Lot Location: Private Road
  • Lot Size: 94090.00
  • Land Info Cleared: Yes
  • Land Info Improvements: All utilites are in the street to each lot. This is fee land
  • Land Info Soil Type: Desert
  • Land Info Special Assessments: None At Present
  • Land Info Topography: Level
  • Land Info Trees: One
  • List Price per Acre: 182870.37
  • Lot Features: Corners Marked, Street Paved, Curbs

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Tax Legal Lot Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 28, 2023
Sold by
Engler Mark & Mary Family Trust
Bought by
Prajin George L
Seller's Agent
Rachel Wills
Vista Sotheby's International
Buyer's Agent
Baron Bershaw
Compass
List Price
$4,500,000
Sold Price
$4,065,000
Premium/Discount to List
-$435,000
-9.67%
Views
53
Current Estimated Value
$4,558,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,601
Avg. Annual Appreciation
4.95%
Original Mortgage
$220,000
Outstanding Balance
$213,587
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$4,345,014

Purchase Details

Closed on
Jun 23, 2021
Sold by
Engler Mark Andrew and Engler Mary Moore
Bought by
Engler Mark Andrew and Engler Mary Moore

Purchase Details

Listed on
Feb 4, 2011
Closed on
Jan 8, 2014
Sold by
Sullivan Eunice K
Bought by
Engler Mark Andrew and Engler Mary Moore
Seller's Agent
Roxanne Russell
HK Lane Real Estate
Buyer's Agent
Unknown Member
List Price
$725,000
Sold Price
$365,000
Premium/Discount to List
-$360,000
-49.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Oct 12, 2007
Sold by
Beaty Thomas R and Beaty Nancy Z
Bought by
Ply Zygmunt

Purchase Details

Closed on
Dec 21, 2004
Sold by
Baumann Bruce R and Baumann Janiffer
Bought by
Beaty Thomas R and Beaty Nancy Z
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $4,065,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Grant Deed $36,500 Chicago Title Company
Grant Deed $725,000 Stewart Title Company Inc Of
Grant Deed $1,000,000 Stewart Title Guaranty
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 New Conventional
Previous Owner $440,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $508,215 Unknown
Previous Owner $100,000 Unknown
Previous Owner $535,000 Unknown
Previous Owner $550,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $4,065,000 -9.7% $566 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $4,500,000 0.0% $626 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $4,500,000 +1132.9% $626 / Sq Ft
01/17/2014 01/17/14 Sold $365,000 -49.7% --
02/04/2011 02/04/11 Pending -- -- --
02/04/2011 02/04/11 For Sale $725,000 -- --
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 $53,208 $7,418,052 $1,040,400 $6,377,652
2023 $53,208 $1,699,125 $430,060 $1,269,065
2022 $21,914 $1,665,810 $421,628 $1,244,182
2021 $21,493 $1,633,148 $413,361 $1,219,787
2020 $21,254 $1,616,403 $409,123 $1,207,280
2019 $20,891 $1,584,709 $401,101 $1,183,608
2018 $20,501 $1,553,637 $393,238 $1,160,399
2017 $20,661 $2,910,028 $385,528 $2,524,500
2016 $37,309 $2,852,969 $377,969 $2,475,000
2015 $5,026 $372,292 $372,292 $0
2014 $9,937 $776,840 $776,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21421601

California Desert Association of REALTORS®

APN: 762-440-034