NOT LISTED FOR SALE

77773 Tradition Dr La Quinta, CA 92253

Estimated Value: $563,000 - $770,000

3 Beds
3 Baths
1,706 Sq Ft
$710/mo HOA Fee

Last Sold February 13, 2020

Last sale price $392,500 $230 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,720/month

Highlights

  • Fitness Center
  • Mountain View
  • Living Room with Fireplace
  • Gated Community
  • Clubhouse
  • Great Room

About This Home

As of February 2020

An upstairs three bedroom, three bathroom lock-off unit in a quiet location towards the back of Legacy Villas. Wake up to the tranquil sound of a community fountain below your private balcony and enjoy desert sunsets framing the Santa Rosa and Chocolate Mountains. Legacy Villas features 12 salt-water pools and hot tubs, a main pool area with a walk-in kids pool and a comprehensive fitness room. The property has two master suites at opposite ends of the condo both with en-suite bathrooms and private entrances. The living, dining and kitchen are in the middle of condo allowing for easy entertaining and family gatherings. The master suite and living room both have private balconies providing additional space to relax. The lock-off door feature offers owners and guests a variety of ways to use the property. The condo has an established rental history and revenue booked for the 2019-2020 season. The home will meet the needs of a variety of buyers as a desert oasis with income potential!

Last Agent to Sell the Property

Quinn Tamm

California Vacation Villas License #01877277 Listed on: 10/20/2019

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System

HOA Fees

  • $710 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 1,706 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 658425055

Community Details

Overview

  • Association fees include cable TV
  • Legacy Villas Subdivision
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

2,409 Sq Ft Lot

HOA Fees

$710 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • Building Number Of Stories: 3
  • List Price per Sq Ft: 233.88
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s)
  • Year Built: 2006
  • Listing I D: 219032174
  • Listing Member Address: 120 Newport Center Dr, Newport Beach, CA 92660
  • Listing Office Address: 120 Newport Center Dr, Newport Beach, CA 92660
  • Listing Office Fax: (949) 407-5074
  • Selling Office Address: 120 Newport Center Dr, Newport Beach, CA 92660
  • Selling Office Fax: (949) 407-5074
  • Land Type: Fee
  • Subdivision: Legacy Villas
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Range, Washer, Refrigerator, Freezer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room, Primary Bedroom
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1706.00

Exterior Features

  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Total Parking Spaces: 1.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Barbecue, Management, Meeting Room, Guest Parking, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 710.00
  • Total Monthly Association Fees: 710.00
  • Unit Location: Second Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 658425055
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0553
  • Lot Size: 2412.00

Rental Info

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

Multi Family

  • Total Fireplaces: 3

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Gad Ron N and Gad Lindsey B
Bought by
Gad Ron N and Gad Lindsey B
Current Estimated Value
$688,098

Purchase Details

Closed on
Dec 3, 2019
Sold by
Gad Ron N
Bought by
Gad Lindsey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2019
Sold by
Goodwin Peter B and Goodwin Laurie A
Bought by
Gad Lindsey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Riske Gary W and Kennedy Riske Patricia A
Bought by
The Riske2001 Revocable Trust

Purchase Details

Closed on
Sep 25, 2006
Sold by
Centex Homes
Bought by
Goodwin Peter B and Goodwin Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,500
Interest Rate
6%
Mortgage Type
Negative Amortization
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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Purchase History

Date Buyer Sale Price Title Company
Gad Ron N -- None Available
Gad Ron N -- None Available
Gad Lindsey B -- Fidelity National Title Co
Gad Lindsey B $392,500 Fidelity Natl Ttl Orange Cnt
The Riske2001 Revocable Trust -- None Available
Goodwin Peter B $726,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gad Lindsey B $292,500
Previous Owner Goodwin Peter B $544,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $392,500 -1.6% $230 / Sq Ft
10/20/2019 10/20/19 For Sale $399,000 -- $234 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
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 $5,583 $429,252 $20,504 $408,748
2023 $5,583 $412,585 $19,708 $392,877
2022 $5,327 $404,496 $19,322 $385,174
2021 $5,207 $396,566 $18,944 $377,622
2020 $4,991 $382,418 $112,476 $269,942
2019 $4,857 $371,280 $109,200 $262,080
2018 $4,685 $357,000 $105,000 $252,000
2017 $4,586 $347,000 $102,000 $245,000
2016 $4,590 $347,000 $102,000 $245,000
2015 $4,537 $336,000 $98,000 $238,000
2014 $4,313 $317,000 $93,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219032174

California Desert Association of REALTORS®

APN: 658-425-055

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