NOT LISTED FOR SALE

78331 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $307,458 - $347,000

1 Bed
1 Bath
763 Sq Ft
$395/mo HOA Fee

Last Sold March 25, 2022

Last sale price $340,000 $446 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,501/month

8 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • Clubhouse
  • Gerald R. Ford Elementary School Rated A-
  • Panoramic View
  • Community Pool

About This Home

As of March 2022

**Best and highest offers must be submitted by 5 pm on 12th March 2022**

This lovely, turnkey furnished one bedroom, ground level unit has breathtaking views on the 9th hole with sweeping mountain views. The condo is very bright and light which gives it a spacious feeling. There is an in-unit washer and dryer along with a full bath featuring a soaking tub to relax. Enjoy the beautiful golf course views and sunset from your patio.

Included in the low condo fees (currently $395) is UNLIMITED GOLF for owners on the well maintained 18-hole, par 3, Ted Robinson designed course. The condo fee also covers the awesome amenities such as lighted tennis courts, 6 pools, pickle ball and a clubhouse with a pro shop, building maintenance and cable TV with HBO.

Also included is a one car garage and open guest parking. Enjoy card games and drinks while watching golf and spectacular sunset views. The Palm Royale resort is across the street from the Indian Wells Tennis Garden where the famous annual BNP Tennis Tournament is held. It will be hard to find more for your money than this beautiful resort condo.

Last Agent to Sell the Property

Sabrina Lanier

HomeSmart, Evergreen Realty License #01211423 Listed on: 03/05/2022

HomeSmart, Evergreen Realty

Last Buyer's Agent

Brandon Mihld

RE/MAX ADVANTAGE License #01968068

RE/MAX ADVANTAGE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1989

Lot Details

  • 4,356

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Automatic Gate

Property Views

  • Pond
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Planned Development

Interior Spaces

  • 763 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub with Shower

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 18915
  • Assessor Parcel Number 604022016
  • $351 per year additional tax assessments

Community Details

Overview

  • 354 Units
  • Palm Royale Association, Phone Number (760) 346-1161
  • Desert Resort Management HOA
  • Palm Royale Subdivision
  • Maintained Community

Recreation

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

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Clubhouse
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,742

Year Built

Built in 1989

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All Furniture
  • Property Attached: Yes
  • Security: Automatic Gate, Card/Code Access
  • Subdivision Name Other: Palm Royale (30815)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 604022016
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 763.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 445.61
  • Room Type: Living Room, Master Suite
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub, Soaking Tub

Exterior Features

  • View: Golf Course, Mountain(s), Panoramic, Pond
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Golf Course, Tennis Court(s), Clubhouse, Maintenance Grounds, Trash, Pet Rules
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Royale
  • Phone: 760-346-1161
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Golf, Sidewalks
  • Association Management: desert resort management

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 354
  • Number Of Units Total: 331

Tax Info

  • Tax Census Tract: 452.15
  • Tax Lot: 1
  • Tax Tract Number: 18915
  • TaxOtherAnnualAssessmentAmount: 351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Mead Patrick John and Mead Kathleen Joy
Bought by
Pat And Kathy Mead Family Trust and Mead
Current Estimated Value
$326,365

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 17, 2022
Sold by
Wallace Payne Samuel and Wallace Catherine Jane
Bought by
Mead Patrick John and Mead Kathleen Joy
Seller's Agent
Sabrina Lanier
HomeSmart, Evergreen Realty
Buyer's Agent
Brandon Mihld
RE/MAX ADVANTAGE
List Price
$300,000
Sold Price
$340,000
Premium/Discount to List
$40,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.13%

Purchase Details

Closed on
May 27, 2015
Sold by
Payne Samuel W and Payne Jane C
Bought by
Payne Samuel Wallace and Payne Catherine Jane
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
Pat And Kathy Mead Family Trust -- None Listed On Document
Mead Patrick John $340,000 None Listed On Document
Payne Samuel Wallace -- None Available
Payne Samuel W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $340,000 +13.3% $446 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $300,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,742 $359,218 $58,366 $300,852
2023 $4,742 $345,270 $56,100 $289,170
2022 $2,135 $143,850 $26,848 $117,002
2021 $2,078 $141,030 $26,322 $114,708
2020 $2,045 $139,585 $26,053 $113,532
2019 $2,012 $136,849 $25,543 $111,306
2018 $1,980 $134,167 $25,044 $109,123
2017 $1,973 $131,537 $24,553 $106,984
2016 $1,960 $128,959 $24,072 $104,887
2015 $1,966 $127,023 $23,711 $103,312
2014 -- $124,538 $23,248 $101,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22042535

California Regional Multiple Listing Service (CRMLS)

APN: 604-022-016