NOT LISTED FOR SALE

78335 Terra Cotta Ct La Quinta, CA 92253

Estimated Value: $356,603 - $414,000

2 Beds
2 Baths
912 Sq Ft
$395/mo HOA Fee

Last Sold February 24, 2022

Last sale price $355,000 $389 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,835/month

3 Days on Market

Highlights

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

About This Home

As of February 2022

This is truly one of the best locations in Palm Royale. The Clubhouse is very short walk and the ground floor condo features breathtaking south views across the 9th tee and pond to the majestic mountains beyond. The condo features two bedrooms and two baths. Walking distance to Indian Wells Tennis Gardens. Unlimited golf is included in your HOA dues, as well as your building maintenance, landscaping, cable TV with HBO, insurance , six pools/spas and 4 lighted tennis courts. Air Conditioning and all new dual pane windows have been installed within the last year. Your single car garage is an end location and right out your front door. Light and bright open floorpan .

Last Agent to Sell the Property

Tony Hamilton

Bennion Deville Homes License #01180835 Listed on: 01/18/2022

Bennion Deville Homes

Last Buyer's Agent

Sherri Ommi

Coldwell Banker Realty License #01181985

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • On Golf Course
  • South Facing Home
  • Gated Home

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Gate

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Area

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 604-022-018

Community Details

Overview

  • Association fees include cable TV, maintenance paid
  • 4 Units

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,953

Year Built

Built in 1989

Lot Details

0

HOA Fees

$395 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: 180
  • Complex Name: Palm Royale
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Exclusions: Some artwork and accessories
  • Living Area: 912
  • Lot Acreage: 0.1000
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1989
  • Builders Tract Name: Palm Royale
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Microwave, Hood Fan, Cable
  • Price Per S Q F T: 389.25
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Concrete Slab
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Golf Course, Lake, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Electric
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Gated
  • Water: Water District

Association/Amenities

  • Community Features: Golf Course within Development
  • Amenities: Gated Community, Tennis Courts, Spa, Pool, Golf
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Maintenance Paid
  • HOA Fees: 395.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 604-022-018
  • Lot Location: On Golf Course
  • Lot Size Area: 4356

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 4

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 3, 2022
Sold by
Radford Family Trust
Bought by
Forouhar Sara
Seller's Agent
Tony Hamilton
Bennion Deville Homes
Buyer's Agent
Sherri Ommi
Coldwell Banker Realty
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$386,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,651
Avg. Annual Appreciation
2.35%
Original Mortgage
$310,500
Outstanding Balance
$288,323
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$98,328

Purchase Details

Closed on
Nov 10, 2016
Sold by
Radford George E and Radford Anne V
Bought by
Radford George E and Radford Anne V

Purchase Details

Closed on
May 3, 2000
Sold by
Ann Caldera and Ann Patricia
Bought by
Radford George E and Radford Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1999
Sold by
Ann Caldera and Ann Patricia
Bought by
Caldera Gerald and Caldera Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1997
Sold by
Gerald Caldera and Gerald Patricia Caldera
Bought by
Caldera Gerald and Caldera Patricia Ann
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
Forouhar Sara $355,000 First American Title
Radford George E -- None Available
Radford George E $135,000 Fidelity National Title Co
Caldera Gerald -- --
Caldera Gerald -- Investors Title Company
Caldera Gerald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forouhar Sara $310,500
Previous Owner Radford George E $121,000
Previous Owner Caldera Gerald $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $355,000 0.0% $389 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $355,000 -- $389 / Sq Ft
Source: The MLS

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 $4,953 $376,728 $58,366 $318,362
2023 $4,953 $362,100 $56,100 $306,000
2022 $2,746 $193,758 $28,954 $164,804
2021 $2,677 $189,960 $28,387 $161,573
2020 $2,632 $188,013 $28,096 $159,917
2019 $2,588 $184,328 $27,546 $156,782
2018 $2,545 $180,714 $27,006 $153,708
2017 $2,526 $177,172 $26,477 $150,695
2016 $2,499 $173,699 $25,958 $147,741
2015 $2,509 $171,092 $25,569 $145,523
2014 $2,472 $167,742 $25,069 $142,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-119215

The MLS

APN: 604-022-018