NOT LISTED FOR SALE

78323 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $323,994 - $390,000

2 Beds
2 Baths
912 Sq Ft
$390/mo HOA Fee

Last Sold August 25, 2016

Last sale price $199,000 $218 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,605/month

128 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Gated Community
  • Gerald R. Ford Elementary School Rated A-
  • Heated In Ground Pool
  • Community Lake

About This Home

As of August 2016

This lower-level updated 2 Bedroom / 2 Bath condo has all the best that La Quinta has to offer. The condo is TURNKEY furnished. Stunning Westerly views of the Golf course, Lakes and Mountains. Prime location close to everything - shopping, restaurants and walking distance to Indian Wells Tennis Garden. Low HOA fees that include unlimited golf on the 18 Hole Par 3 Course, 6 Pools & Spas, 4 lit courts - 3 tennis and 1 pickle ball. Unit is updated with new appliances, new tile throughout the kitchen, living room and bathrooms and new paint. Ideal investment opportunity also with a strong rental history. It has been an amazing investment condo with ideal tenants - snowbirds. La Quinta address also gives you access to discounted golf at SilverRock Resort.

Last Agent to Sell the Property

Paul Marcinkowski

HomeSmart License #01940795 Listed on: 04/07/2016

Last Buyer's Agent

Jumi Achermann

Capitis Real Estate License #01880454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,203

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • On Golf Course
  • Home has East and West Exposure
  • Landscaped
  • Lawn

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Vertical Blinds
  • Sliding Doors
  • Entryway
  • Dining Area
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • Automatic Gate
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Concrete Porch or Patio

Location

  • Ground Level
  • Property is near a clubhouse

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 604022012

Community Details

Overview

  • Association fees include building & grounds, cable TV, clubhouse, insurance
  • Palm Royale Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse
  • Banquet Facilities
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,203

Year Built

Built in 1989

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Palm Royale
  • Included In Sale: Washer/Dryer, Refrigerator & TVs
  • List Price per Sq Ft: 218.20
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Lake, Mountain(s)
  • Water District Name: Coachella Valley Water
  • Year Built: 1989
  • Listing I D: 216011830
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 70227 Hwy 111, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 777-9091
  • Land Type: Fee
  • Subdivision: Palm Royale
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Dryer Hookup, Electric Oven, Electric Range, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Interior Amenities: Recessed Lighting
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Bathroom
  • Estimated Sq Ft: 912.00
  • Windows Treatments: Blinds, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • 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, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Guest, On Street
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: 220V Throughout
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Automatic Gate, Card/Code Access, Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Electric

Association/Amenities

  • Community Features: Community Mailbox, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Cable TV, Clubhouse, Insurance
  • Association Amenities: Banquet Facilities, Clubhouse, Controlled Access, Golf Course, Greenbelt/Park, Guest Parking, Lake or Pond, Maintenance Grounds, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 390.00
  • Total Monthly Association Fees: 390.00
  • Unit Location: Ground Floor, Inside Unit

Lot Info

  • Assessor Parcel Number: 604022012
  • Lot Acres: 0.1000
  • Lot Description: Curbs, Landscaped, Lawn, Sidewalks
  • Lot Location: Close to Clubhouse, Greenbelt, Lake Front, On Golf Course
  • Lot Size: 4356.00

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

Listed on
Apr 7, 2016
Closed on
Aug 16, 2016
Sold by
Marcinkowski Paul and Souza Ayesha D
Bought by
Burchak Karen Audree
Seller's Agent
Paul Marcinkowski
HomeSmart
Buyer's Agent
Jumi Achermann
Capitis Real Estate
List Price
$206,999
Sold Price
$199,000
Premium/Discount to List
-$7,999
-3.86%
Current Estimated Value
$371,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,499
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Marcinkowski Paul and Dsouza Ayesha

Purchase Details

Closed on
Feb 23, 2011
Sold by
Zimmerman Virginia H
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Oct 23, 2007
Sold by
Zimmerman Virginia H
Bought by
Zimmerman Virginia H

Purchase Details

Closed on
Apr 21, 2005
Sold by
Harvey Denise
Bought by
Zimmerman Virginia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 1996
Sold by
Harvey John W
Bought by
John W Harvey Trust

Purchase Details

Closed on
Mar 8, 1994
Sold by
Harvey John W and Harvey Jeanette
Bought by
Harvey John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Burchak Karen Audree $199,000 First American Title Company
Marcinkowski Paul $168,000 Landsafe Title Of Ca Inc
Bac Home Loans Servicing Lp $141,750 Landsafe Default Inc
Zimmerman Virginia H -- None Available
Zimmerman Virginia H $285,000 Fidelity National Title Co
John W Harvey Trust -- --
Harvey John W -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmerman Virginia H $226,800
Previous Owner Harvey John W $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $199,000 0.0% $218 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
07/31/2016 07/31/16 Price Changed $199,000 -2.9% $218 / Sq Ft
05/25/2016 05/25/16 Price Changed $205,000 -1.0% $225 / Sq Ft
04/07/2016 04/07/16 For Sale $206,999 -- $227 / 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 $3,203 $230,948 $57,735 $173,213
2023 $3,203 $221,982 $55,494 $166,488
2022 $3,039 $217,630 $54,406 $163,224
2021 $2,964 $213,364 $53,340 $160,024
2020 $2,913 $211,178 $52,794 $158,384
2019 $2,864 $207,038 $51,759 $155,279
2018 $2,815 $202,980 $50,745 $152,235
2017 $2,791 $199,000 $49,750 $149,250
2016 $2,554 $178,249 $44,560 $133,689
2015 $2,564 $175,574 $43,892 $131,682
2014 $2,527 $172,136 $43,033 $129,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216011830

California Desert Association of REALTORS®

APN: 604-022-012