$367,636 - $387,000
RENTED NOV 8, 2024

78403 Terra Cotta Ct La Quinta, CA 92253

2 Beds
2 Baths
912 Sq Ft
1,146 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $255,000 $280 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,347/month

Highlights

  • On Golf Course
  • Gated Community
  • Clubhouse
  • Gerald R. Ford Elementary School Rated A-
  • Community Lake
  • Community Pool

About This Home

As of November 2024

Welcome to 78403 Terra Cotta court, one of the best locations in Palm Royale Country Club! Updated lower level unit with fabulous golf course, fountain and hillside views. Open floor plan with newly painted walls, porcelain tiles all throughout and LED recessed lighting in the bathrooms, hallway, living room and kitchen. Brand new Trane HVAC system has been installed. The 2 bathrooms have been remodeled with custom made shower glass door, new vanities with quartz countertops, TOTO brand toilets and panasonic exhaust fans. There are plantation shutters all throughout the unit. The bedroom features Vinyl custom made sliding closet doors. Laundry closet comes with brand new LG electric washer and dryer. The patio has a retaractable awning and garage has been newly painted with storage rack and bike rack ready for use. This serene community offers easy access to wonderful schools, shopping, restaurants, and the 10 freeway.
Unit is partially furnished.

Last Agent to Rent the Property

EUGENIE SANIEL

Elevate Real Estate Agency Brokerage Phone: 310-500-7833 License #01956843 Listed on: 10/15/2024

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • On Golf Course
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Golf Course Views

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes cable TV
  • Available 10/16/24
  • Tax Lot 1
  • Tax Tract Number 18915
  • Assessor Parcel Number 604022053

Community Details

Overview

  • Property has a Home Owners Association
  • 71 Units
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,744

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-10-16
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 2500
  • Furnished: Partially
  • Pets Allowed: Breed Restrictions, Size Limit
  • Total Move In Costs: 5500.00

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 604022053
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 912.00 Square Feet
  • Stories: 1
  • Entry Location: door
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Golf Course
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Tennis Court(s), Clubhouse
  • Senior Community: No
  • Community Features: Golf, Lake, Street Lights

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: On Golf Course
  • Lot Size Sq Ft: 1147.00
  • Lot Size Acres: 0.0263

Multi Family

  • Insurance Water Furniture: No
  • Lot Size Area: 1147.0000 Square Feet
  • Number Of Units In Community: 71
  • Number Of Units Total: 1
  • Rent Includes: Cable TV

Tax Info

  • Tax Census Tract: 452.34
  • Tax Lot: 1
  • Tax Tract Number: 18915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 13, 2024
Sold by
Merlos Rodolfo Antonio
Bought by
78403 Terra Cotta Ct Llc
Seller's Agent
EUGENIE SANIEL
Elevate Real Estate Agency
Buyer's Agent
NoEmail NoEmail
None MRML
Sold Price
$2,500
Views
26
Current Estimated Value
$376,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,909

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 8, 2020
Sold by
Kunam Syam
Bought by
Merlos Rodolfo Antonio
Seller's Agent
Cristina Caministeanu
eXp Realty of California Inc
Buyer's Agent
EUGENIE SANIEL
Elevate Real Estate Agency
List Price
$279,900
Sold Price
$255,000
Premium/Discount to List
-$24,900
-8.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$184,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2017
Sold by
Lamon Joseph C
Bought by
Kunam Syam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2017
Sold by
Kunam Jhansi
Bought by
Kunam Syam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Jennings Howard E and Jennings Diane S
Bought by
Lamon Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2003
Sold by
Stewart Gary L and Stewart Janet
Bought by
Jennings Howard E and Jennings Diane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Ward Kirkland R
Bought by
Stewart Gary L and Stewart Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,600
Interest Rate
6.63%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2000
Sold by
Seward Ben F and Seward Katherine A
Bought by
Ward Kirkland R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,125
Interest Rate
8.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
78403 Terra Cotta Ct Llc -- None Listed On Document
Merlos Rodolfo Antonio $255,000 Lawyers Title
Kunam Syam $176,000 Wfg National Title Company
Kunam Syam -- Wfg National Title Company
Lamon Joseph C $170,000 Orange Coast Title Co
Jennings Howard E $162,500 Southland Title
Stewart Gary L $143,000 American Title
Ward Kirkland R $112,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merlos Rodolfo Antonio $184,000
Previous Owner Kunam Syam $132,000
Previous Owner Lamon Joseph C $161,500
Previous Owner Jennings Howard E $130,000
Previous Owner Stewart Gary L $128,600
Previous Owner Ward Kirkland R $109,125
Closed Jennings Howard E $16,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Rented $2,500 0.0% --
11/05/2024 11/05/24 Off Market $2,500 -- --
10/15/2024 10/15/24 For Rent $2,500 0.0% --
11/04/2020 11/04/20 Sold $255,000 -1.9% $280 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $259,900 -3.7% $285 / Sq Ft
09/22/2020 09/22/20 Price Changed $269,900 -3.6% $296 / Sq Ft
08/26/2020 08/26/20 For Sale $279,900 -- $307 / 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 $3,744 $276,018 $59,533 $216,485
2023 $3,744 $265,302 $57,222 $208,080
2022 $3,559 $260,100 $56,100 $204,000
2021 $3,473 $255,000 $55,000 $200,000
2020 $2,617 $186,770 $46,692 $140,078
2019 $2,573 $183,109 $45,777 $137,332
2018 $2,530 $179,520 $44,880 $134,640
2017 $2,524 $183,978 $45,993 $137,985
2016 $2,496 $180,372 $45,092 $135,280
2015 $2,503 $177,664 $44,415 $133,249
2014 $2,466 $174,186 $43,546 $130,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24212343

California Regional Multiple Listing Service (CRMLS)

APN: 604-022-053