NOT LISTED FOR SALE

74305 Quail Lakes Dr Indian Wells, CA 92210

Estimated Value: $5,166,000 - $7,464,000

4 Beds
4.5 Baths
5,955 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $5,000,000 $840 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $40,322/month

70 Days on Market

Highlights

  • Attached Guest House
  • Golf Course Community
  • Heated In Ground Pool
  • Palm Desert High School Rated A
  • Home Theater
  • Gourmet Kitchen

About This Home

As of December 2020

A Tom Jakway designed home graces the landscape bordering the 4th Fairway of the Club's Desert Course. It's Mediterranean style offers a warm & refined atmosphere to be enjoyed throughout the day. The single level floor plan comprises living space plus covered patio for outdoor relaxation & a spacious garage that accommodates three cars plus two carts. The saltwater pool & spa w/ water-feature are strategically placed to maximize on the view & its southern orientation. Mentioned benefits of the home is its Vantage Lighting system, surround sound system, motorized window coverings, solar panel installation & water wise artificial grass landscape design in the homes front and rear elevations. A charming courtyard leads to the entry & the great room w/ sit-down bar centered on the view. Adjacent is the formal & elegantly appointed dining room. Great room is the family gathering place w/gourmet kitchen, breakfast nook & family room. Master on the view & attached 2bd/2ba casita & office.

Last Agent to Sell the Property

Vintage Club Sales - Healy Group

Vintage Club Sales License #01234420 Listed on: 10/09/2020

Last Buyer's Agent

Vintage Club Sales - Healy Group

Vintage Club Sales License #01234420 Listed on: 10/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,419

Year Built

  • Built in 1995

Lot Details

  • 0.59 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Front Yard

HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 5,955 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Stone Fireplace
  • Custom Window Coverings
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Prewired Security

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Washer

Parking

  • 5 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 625500032

Community Details

Overview

  • Association fees include cable TV, security
  • Vintage Country Club Subdivision
  • On-Site Maintenance
  • Community Lake

Recreation

  • Golf Course Community
  • Community Playground

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,419

Year Built

Built in 1995

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Vintage Country Club
  • Building Number Of Stories: 4
  • Building Style: Mediterranean
  • Casita Features: Kitchenette
  • List Price per Sq Ft: 873.22
  • Lp Sp Ratio: 0.9600
  • View Type: Golf Course, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1995
  • Listing I D: 219051147
  • Listing Member Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Listing Office Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Listing Office Fax: (760) 568-3531
  • Selling Member Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Selling Office Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Selling Office Fax: (760) 568-3531
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Vintage Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Washer, Refrigerator, Disposal, Freezer
  • Fireplace: Yes
  • Fireplace Location: Exterior, Master Bedroom, Living Room, Family Room
  • Interior Amenities: Built-In Features, Recessed Lighting, High Ceilings (9 Ft+), Bar
  • Fireplace Features: Stone
  • Flooring: Carpet, Stone Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Shower & Tub, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Breakfast Nook
  • Kitchen Features: Gourmet Kitchen, Stone Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 5955.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, On Street
  • Total Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

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

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security
  • Association Amenities: Lake or Pond, Playground, Management, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 665.00
  • HOA Fee 2: 25.00
  • Total Monthly Association Fees: 690.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625500032
  • Irrigation: Sprinkler System
  • Lot Acres: 0.5900
  • Lot Description: Curbs, Yard, Utilities Underground, Storm Drains, Street Paved, Landscaped, Lawn, Front Yard
  • Lot Size: 25700.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 8, 2020
Sold by
Mele Theresa Hamilton and Theresa Hamilton Mele Trust
Bought by
Quartermaster Llc
Seller's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
Buyer's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
List Price
$5,200,000
Sold Price
$5,000,000
Premium/Discount to List
-$200,000
-3.85%
Current Estimated Value
$6,509,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,509,182
Avg. Annual Appreciation
5.32%

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 9, 2020
Sold by
Mele Theresa Hamilton
Bought by
Mele Theresa Hamilton and Theresa Hamilton Mele Trust
Seller's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
Buyer's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
List Price
$5,200,000
Sold Price
$5,000,000
Premium/Discount to List
-$200,000
-3.85%

Purchase Details

Closed on
Mar 14, 2019
Sold by
Hamilton Mele Arthur J and Hamilton Mele Theresa
Bought by
Hamilton Mele Arthur J and Hamilton Mele Theresa

Purchase Details

Closed on
Jun 12, 2012
Sold by
Mele Arthur J
Bought by
Mele Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,700
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Mele Arthur J and Mele Arthur J
Bought by
Mele Arthur J and Mele Arthur J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,357,200
Interest Rate
5.5%

Purchase Details

Closed on
Nov 19, 1996
Sold by
Mele Arthur J and Mele Arthur J
Bought by
Mele Arthur J and Mele Arthur J
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
Quartermaster Llc $4,500,000 Fidelity National Ttl Ins Co
Mele Theresa Hamilton -- None Available
Mele Theresa Haimiilton -- None Available
Hamilton Mele Arthur J -- None Available
Hamilton Mele Arthur J -- None Available
Mele Arthur J -- None Available
Mele Arthur J -- Fidelity National Trust Co
Mele Arthur J -- Fidelity National Title Co
Mele Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quartermaster Llc $3,750,000
Previous Owner Mele Arthur J $2,645,000
Previous Owner Mele Arthur J $2,625,700
Previous Owner Mele Ii Arthur J $750,000
Previous Owner Mele Arthur J $2,000,000
Previous Owner Mele Arthur J $1,357,200
Previous Owner Mele Arthur J $1,350,000
Previous Owner Mele Arthur J $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $5,000,000 -3.8% $840 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $5,200,000 -- $873 / 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 $59,419 $4,870,943 $432,972 $4,437,971
2023 $59,419 $4,681,800 $416,160 $4,265,640
2022 $56,960 $4,590,000 $408,000 $4,182,000
2021 $55,819 $4,500,000 $400,000 $4,100,000
2020 $35,748 $2,887,611 $1,307,821 $1,579,790
2019 $35,056 $2,830,992 $1,282,179 $1,548,813
2018 $34,385 $2,775,484 $1,257,039 $1,518,445
2017 $33,679 $2,721,064 $1,232,392 $1,488,672
2016 $32,852 $2,667,711 $1,208,228 $1,459,483
2015 $32,992 $2,627,641 $1,190,080 $1,437,561
2014 $32,436 $2,576,171 $1,166,769 $1,409,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051147

California Desert Association of REALTORS®

APN: 625-500-032