$173,000
SOLD FEB 16, 2016

78069 Cobalt Ct La Quinta, CA 92253

1 Bed
1 Bath
763 Sq Ft
$390/mo HOA Fee

Recently Sold

$227 Per Sq Ft

3% Below List Price

132 Days on Market

Highlights

  • Golf Course Community
  • Heated In Ground Pool
  • Wood Flooring
  • Gerald R. Ford Elementary School Rated A-
  • Golf Course View
  • Golf Cart Parking

About This Home

As of February 2016

Welcome to the magnificent gated golf course community of Palm Royale Country Club. This is the best unit available and has the wow factor you've been waiting for. Completely renovated this unit looks like it's straight from architectural digest magazine. You will marvel at all the beauty of upgrades including:countertops,backsplash, custom paint,cabinetry,baseboards,light fixtures,windows, water heater,ceiling fans,& much more.Highly desired open great room floor plan. No detail was overlooked in this remodel. Kitchen is chef's dream with plenty of working space. Enjoy golf course views from your patio. Offered turnkey furnished and ready for immediate move in. Unlimited golf included in HOA fee. Centrally located and close to all shopping,restaurants,IW Tennis Garden,etc. Great unit for rental income.Inquire for more details. A pre listing home inspection available for buyer review. Don't let this opportunity pass you by! Seller will consider seller financing with right terms.

Last Agent to Sell the Property

Jon Caruana

HK Lane Real Estate License #01512713 Listed on: 09/06/2015

Co-Listed By

Sandi Phillips

HK Lane Real Estate License #01193483

Last Buyer's Agent

William Hanan

Keller Williams Realty License #01964298

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1989

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 763 Sq Ft Home
  • Wood Flooring
  • Golf Course Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Golf Cart Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 604023024

Community Details

Overview

  • Association fees include building & grounds, trash, cable TV, clubhouse
  • Palm Royale Subdivision

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,888

Year Built

Built in 1989

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Builders Tract Code: Palm Royale
  • Included In Sale: Turnkey furnished
  • List Price per Sq Ft: 234.60
  • Lp Sp Ratio: 0.9665
  • View Type: Golf Course
  • Year Built: 1989
  • Co Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 541-4899
  • Listing I D: 215025492
  • Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-4899
  • Selling Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Palm Royale
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 763.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Cable TV, Clubhouse
  • Association Amenities: Golf - Par 3
  • HOA Information: Yes
  • HOA Fee 1: 390.00
  • Total Monthly Association Fees: 390.00
  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 604023024
  • Lot Acres: 0.0800
  • Lot Size: 3485.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Galvin Michael and Galvin Michelle
Bought by
Galvin Michael and Galvin Michelle

Purchase Details

Closed on
Nov 10, 2015
Sold by
Grigsby William Jay and Grigsby Cynthia Burns
Bought by
Galvin Michael and Galvin Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 2011
Sold by
Hsbc Bank Usa
Bought by
Grigsby William Jay and Grigsby Cynthia Burns

Purchase Details

Closed on
Sep 27, 2010
Sold by
Salazar Jesus E
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Jan 14, 2005
Sold by
Bell Marina and Bell William
Bought by
Salazar Jesus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Wilson Barbara J
Bought by
Bell Marina and Bell William

Purchase Details

Closed on
Feb 19, 1999
Sold by
Belanger Bruce D and Belanger Katherine R
Bought by
Wilson Barbara 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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $142,000 Orange Coast Title Company
Grant Deed $90,000 None Available
Trustee Deed $133,777 Fidelity Natl Title Ins Co
Grant Deed $225,000 Stewart Title Riverside
Grant Deed $118,000 Orange Coast Title
Grant Deed $32,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,000 Seller Take Back
Previous Owner $213,750 Purchase Money Mortgage
Previous Owner $65,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Price Changed $339,000 -8.4% $444 / Sq Ft
07/10/2025 07/10/25 Price Changed $369,900 -3.6% $485 / Sq Ft
04/30/2025 04/30/25 Price Changed $383,900 -1.5% $503 / Sq Ft
03/12/2025 03/12/25 For Sale $389,900 +125.4% $511 / Sq Ft
02/16/2016 02/16/16 Sold $173,000 -3.4% $227 / Sq Ft
01/16/2016 01/16/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $179,000 0.0% $235 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $179,000 0.0% $235 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/06/2015 09/06/15 For Sale $179,000 -- $235 / 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 $2,888 $204,784 $51,192 $153,592
2023 $2,888 $196,834 $49,205 $147,629
2022 $2,737 $192,976 $48,241 $144,735
2021 $2,668 $189,194 $47,296 $141,898
2020 $2,623 $187,256 $46,812 $140,444
2019 $2,579 $183,586 $45,895 $137,691
2018 $2,536 $179,988 $44,997 $134,991
2017 $2,518 $176,460 $44,115 $132,345
2016 $1,579 $97,397 $34,088 $63,309
2015 $1,584 $95,936 $33,577 $62,359
2014 $1,564 $94,059 $32,920 $61,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215025492

California Desert Association of REALTORS®

APN: 604-023-024